BIRMINGHAM BLOOMFIELD CREDIT UNION & LAKES COMMUNITY CREDIT UNION JOIN FORCES
Birmingham, MI, January 2020 –Birmingham Bloomfield Credit Union and Lakes Community Credit Union are joining forces effective February 1, 2020 after a vote by the membership on January 11, 2020 made it official.
Both credit unions are committed to meeting the evolving needs of the membership and this new collaboration will give the new credit union the resources to thrive in a highly competitive financial service market.
In August 2019, Birmingham Bloomfield Credit Union partnered with Metro North Federal Credit Union. The addition of Lakes Community Credit Union will result in a growth of over 21,000 members, three additional branches in Lake Orion, Waterford and Shelby Township, with approximately $220 million in assets.
“We are excited for the direction the credit union is heading. This expansion is providing additional resources to not only serve members in six vibrant communities, but across the State of Michigan as well,” says Andrew Staley, President/CEO of Birmingham Bloomfield Credit Union.
“We are pleased to have found a partner such as Birmingham Bloomfield Credit Union whose shared core values and culture will continue to meet members’ financial needs now and in the future,” says Carolyn Chevrier, President/CEO of Lakes Community Credit Union.