Lake Superior Credit Union

Lake Superior Credit Union was established in 1959 and serves members in Ontonagon, Michigan, with a mission to ensure liquidity, stability, and growth to fulfill its vision for present and future membership.

The credit union offers a variety of share accounts with different dividend rates based on balance, such as a .15 APY for regular savings and up to .25 APY for sub-accounts with $2500 and over, alongside share certificates and share draft accounts.

For loans, the credit union provides debt consolidation loans at 8.00 APR for 48 months or less, secured loans at 8.00 APR for 36 months or less, and unsecured signature loans at 10.00 APR up to 36 months.

Vehicle loans are available for new vehicles at 4.75 APR, used vehicles between 5.00 and 7.00 APR, and recreational vehicles like boats or RVs between 5.99 and 7.99 APR, with terms varying by contact.

The credit union partners with Sallie Mae to help members prepare for college education costs, and they encourage applying for a debit card to make payments easier.

To manage finances, members can use the Brella app to safeguard their debit card, and the institution offers online banking with a user-friendly platform for seamless account management.

The credit union is located at 801 River St in Ontonagon, Michigan, and can be reached by phone at (906) 884-2069 for office inquiries or (906) 884-2929 for fax communications.

Recent feedback from 2022 and 2023 shows a 4 out of 5 rating from 7 reviews, with most members praising the friendly, knowledgeable staff and the intuitive online banking platform.

Members frequently highlight the outstanding customer service, competitive rates, and the ease of navigating the online banking system as key reasons for their satisfaction.

The credit union provides Christmas Club accounts with a .15 APY and offers Christmas loans from October through December at 8.99 APR for small short-term needs.

For those looking to refinance, new vehicle loans can be refinanced only if the rate decreases and the vehicle was financed within the previous 30 days.

The institution requires collateral for loans over $5000 or when total debt with the credit union exceeds $5000, and they offer single payment notes at 15.00 APR for 30 to 180 days.

The credit union operates on a schedule that includes a Thanksgiving closure, and members are advised to call during normal business hours if they encounter website issues.

The routing/ABA number for the credit union is 291173128, and they emphasize that their password for Internet Teller is case-sensitive to ensure account security.

The credit union is an Equal Opportunity Lender and establishes membership before considering members for credit cards, ensuring a personalized approach to banking services.