Local credit union announces new CFO

Here's a trivia question that might win you a few beverages at your local watering hole: What is the largest financial institution headquartered in West Michigan? If you answered Lake Michigan Credit Union (LMCU), you would be correct.

According to LMCU's recently hired Chief Financial Officer, Michael G. Goad, the community-owned institution has $2.7 billion in assets and a very bright future.

Goad has senior level experience in the financial sector, including positions with The Bank of Holland, Cornerstone University, and Old Kent Financial Corporation. He says his new position is somewhat different than his previous roles. "Credit Unions have a different culture," he explains. "We are owned by the members. That means there is a heightened sense of stewardship. We are taking care of it for members. We also have to focus more on customer service. Our goals are to provide great service, not to make money for outside investors."

With LMCU's growth, Goad says there are many opportunities for employment. "We have been growing and expanding," he says. Goad says are a number of open positions on LCMU's website, including both entry level positions and openings for more experienced personnel. 

To learn more about LMCU, you can view their site here. You can also view the open positions here.

Source:  Michael Goad, LMCU
Writer: John Rumery, Innovation and Jobs News Editor
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.