Overview / Commentary
106 N Marketplace Blvd
Lansing, MI 48917

LAFCU is headquartered in Lansing and is the 24th largest credit union in the state of Michigan. It is also the 440th largest credit union in the nation. It was established in 1936 and as of June of 2022, it had grown to 134 employees and 72,616 members at 10 locations. LAFCU has an A health rating.

Field of Membership Restrictions

Membership in LAFCU is open to those who live, work, worship, attend school, or own a business in any Michigan county.
See current membership details

Reviews (2)

LAFCU is My Credit Union for my life!

Posted by: |

I have been banking with LAFCU for 15 years, almost half my lifetime. I enjoy banking with them, I have financed three cars through LAFCU, I have taken out numerous personal loans too. I love walking in and after more than a decade people remember me and call me by name.
There was a time in my life when I paid for my car with a jar of change, I has two jobs and struggled. The employees saw my struggle ad knew how hard I was trying in life. They never gave me a hard time about the change I used to pay my bill.
I am so thankful for them.
LAFCU has made it possible for me to raise my credit score and I even started an account for my oldest daughter, soon enough my baby will have an account there too.
I appreciate being appreciated and being treated like a person and not an account.
My older daughter already has plans to finance her first car with LAFCU in order to build her credit too.
I do not plan on leaving LAFCU . I am very happy with my treatment there and the service I have received for the past 15 years.

Need Phone Help

Posted by: |

I love lafcu except for calling. There is no off time to call. If you call you will wait 25 30 minutes. They have a call back feature but you never know when they will call. I blame management for this, they need more people on the phones. I'm done calling its quicker to hit the branch office. Plus you don't have to listen to 30 minutes of ads and their over and over we will call you back. Lafcu is a good credit union but damn it they need help on the phones


Health Grade Components

NCUA #68632
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD9.25%
Annual Interest Income$17.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$953.4MM$926.8MM
LoansQ2 2022vs Q2 2021$716.7MM$622.9MM
DepositsQ2 2022vs Q2 2021$839.7MM$810.2MM
Equity CapitalQ2 2022vs Q2 2021$100.7MM$97.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.9MM$5.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$6.7MM$2.8MM
Real Estate OwnedQ2 2022vs Q2 2021$0$113.00K

Rates for LAFCU are currently being reviewed.


Cities: Charlotte, Corunna, Dewitt, Eaton Rapids, Lansing, Mason, Owosso, Saint Johns

Charlotte Branches
Branch Office1553 Lansing RdCharlotte, MI 48813

Corunna Branches
Branch Office2665 E M 21Corunna, MI 48817

Dewitt Branches
Branch Office12850 S US HIGHWAY 27Dewitt, MI 48820-8387

Eaton Rapids Branches
Branch Office1505 Kyle StEaton Rapids, MI 48827

Lansing Branches
Branch Office106 N Marketplace BlvdLansing, MI 48917-7753
Branch Office1121 Keystone AveLansing, MI 48911
Branch Office4600 Collins RdLansing, MI 48910-5855

Mason Branches
Branch Office750 N Cedar StMason, MI 48854

Owosso Branches
Branch Office1720 W M 21Owosso, MI 48867

Saint Johns Branches
Branch Office2317 S US Highway 27Saint Johns, MI 48879

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