LAKESHORE Credit Union Profile
Showing details for LAKESHORE Credit Union.
Credit Union Profile for: LAKESHORE
LAKESHORE
Headquarters Contact & Staff
Contact & Info
Phone: (231) 755-1202
Fax: (231) 755-0539
Founding Date: N/A
Website: http://www.lakeshorefcu.com
Personnel & Operations
President: Abdelkader, Faisel
Manager: Knowlton, Jackie
FT Employees: 6
PT Employees: 1
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 00
Branches: 1
Hours: 8:30 am - 5:00 pm Monday - Friday 9:00 am
Credit Union Profile Summary
LAKESHORE is a FCU Credit Union. With a total of 2,596 members [1], this institution manages approximately $44,077,732 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.59% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.72% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
N/A / 5.0Total Approved Reviews:
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Branch Locations
Found 1 branches reported by LAKESHORE (Charter #8709).
Main Office
Lakeshore Federal Credit Union Main Office
2182 Lakeshore Dr
Muskegon, MI 49441-1414
Phone: (231) 755-1202
Services: Member Services, ATM, Drive-Thru