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Lake Michigan Credit Union

Member-owned financial co-op providing loans

Commercial Loan Operations Specialist

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeFort Myers, FL, USANo salary listedIn-person

About the Job

Requirements

  • Two years of banking or equivalent experience, preferably in loan operations, with thorough knowledge of the loan service process.
  • Strong attention to detail and organizational skills.
  • Good verbal and written communication and effective problem-solving skills.
  • Time management skills to understand the urgency of member needs.

Responsibilities

  • Perform routine and non-routine daily loan operations activities, prepare documentation, and follow up on commercial loans.
  • Perform day-to-day loan operations functions for lending transactions booked by the Commercial Loan Operations Department.
  • Interact closely with loan processors and lenders.
  • Book loans in the Silverlake system.
  • Prepare and file UCC continuations.
  • Maintain insurance tracking and communicate with members and insurance agents regarding policy coverage on loan renewals.
  • Monitor escrows and order tax service contracts.
  • Handle general member inquiries, both external and internal, and prioritize member needs.
  • Prepare and review documents using LaserPro.
  • Image loan documents.
  • Prepare HMDA and Adverse Action reports.
  • Monitor construction loans and process disbursements.
  • Perform other duties as assigned.

About the Company

Lake Michigan Credit Union

Member-owned financial co-op providing loans

Lake Michigan Credit Union (LMCU) is a member-owned financial cooperative that offers personal and business banking services. It provides checking and savings accounts, credit cards, and loan products such as mortgages, home equity loans, and auto loans, with an emphasis on low mortgage rates and low down payment options. Members access services through physical branches and online banking, with revenue primarily from interest on loans and related financial fees. Unlike traditional banks, LMCU is owned by its members, which can enable more favorable rates and terms. The company serves communities in Michigan and Florida, combining local presence with digital banking to support everyday financial needs. Its goal is to deliver affordable, accessible financial services to its members while growing a stable, member-driven financial cooperative.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Grand Rapids, MI
Founded
1933

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