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$53.5K

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How much do lmcu jobs pay per year?

As of Aug 22, 2026, the average yearly pay for lmcu in the United States is $110,482.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,500.00 and $127,500.00 per year, depending on experience, location, and employer.

What is an LMCU?

An LMCU job typically refers to a position at Lake Michigan Credit Union (LMCU), a financial institution that provides banking, lending, and investment services. LMCU offers various roles in customer service, finance, IT, and management. Employees may work in branches, corporate offices, or remotely, depending on the position. These jobs often involve assisting members, processing transactions, or supporting financial operations.

What does an LMCU employee do?

An employee at Lake Michigan Credit Union (LMCU) typically works in a variety of roles ranging from customer service, banking operations, loan processing, and financial advising. Their responsibilities often include assisting members with account management, processing transactions, providing information about financial products, and supporting the overall operations of the credit union. LMCU focuses on delivering excellent member service and helping individuals achieve their financial goals.

What are the key skills and qualifications needed to thrive as a Loan Officer at LMCU, and why are they important?

To thrive as a Loan Officer at LMCU, you generally need a solid background in finance, lending practices, and customer service, often supported by a bachelor’s degree in business or a related field. Familiarity with loan origination systems, credit analysis software, and knowledge of state and federal lending regulations are typically required. Strong interpersonal skills, attention to detail, and effective communication help build trust with clients and ensure accurate loan processing. These skills are crucial for maintaining regulatory compliance, delivering excellent member service, and driving successful loan outcomes.

What are some common challenges faced by customer service representatives at LMCU, and how can applicants prepare to address them?

Customer service representatives at LMCU often encounter challenges such as handling high call volumes, assisting members with complex banking issues, and ensuring compliance with strict financial regulations. Applicants can prepare by developing strong communication and problem-solving skills, familiarizing themselves with basic banking processes, and learning about LMCU's products and services. Demonstrating empathy, patience, and a willingness to learn will also help you succeed and adapt to the fast-paced, member-focused environment.

What is the difference between Lmcu vs Loan Officer?

AspectLmcuLoan Officer
CredentialsTypically requires a high school diploma or equivalent; some may need state-specific licensesRequires a high school diploma; often needs mortgage or loan origination licenses
Work EnvironmentPrimarily in credit unions, offices, or onlineBank branches, mortgage offices, or online
Industry UsageUsed within credit unions for member loans and financial servicesCommonly used in banks and mortgage companies for loan processing

While both Lmcu and Loan Officer roles involve financial services, Lmcu typically refers to positions within credit unions focusing on member loans, whereas Loan Officers work across banks and mortgage companies to originate various types of loans. The roles share similar credentials and work environments but differ in employer context and specific responsibilities.

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Lmcu jobs near you
Infographic showing various Lmcu job openings in the United States as of August 2026, with employment types broken down into 78% Full Time, and 22% Part Time. Highlights an 84% Physical, and 16% Remote job distribution, with an average salary of $110,482 per year, or $53.1 per hour.

Repossession Specialist

Lake Michigan Credit Union

Grand Rapids, MI • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 16 days ago

Lake Michigan Credit Union rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description

Primary Location: Grand Rapids, Michigan
Employee Status: Full-Time
Workplace Type: Fully On-Site
Who we are:
At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
LMCU is looking for a Repossession Specialist who will be responsible for preserving the Credit Union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral.
What you'll do:
  • Contacts delinquent accounts by phone and mail; takes appropriate action to bring current or seize LMCU collateral.
  • Analyzes financial situation of delinquent borrowers and values the collateral in which LMCU holds a secured interest. Provides recommendations to management for either Loan Work Out with Members or that collateral needs to be repossessed.
  • Attends auctions as needed to ensure LMCU is getting the most value on all repossessed collateral and maintains accurate reports showing all existing LMCU collateral with proper PVGL amounts.
  • Informs management of trends in loan underwriting contributing to delinquent/charged off loans.
  • Ensures that LMCU is obtaining a minimum of 90% of all PVGL amounts for all repossessed collateral.

What You'll Bring: You'll like this position if you are...
  • Two years of similar or related experience.
  • Prior experience working for a credit union.
  • Excellent written and verbal communication skills.

What you'll get:
  • All Employees: weekly pay and retirement savings options.
  • Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
  • To see a full list of our benefit offerings, check out this helpful guide!

Have additional questions about the role? Email the Talent Acquisition Team at: Careers@lmcu.org
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. BOX 2848, Grand Rapids, MI 49501-2848.
LMCU is an Equal Opportunity Employer

What Lake Michigan Credit Union employees say

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