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LAFCU appoints Michael Shupe as chief lending officer

Michigan Business Network
March 27, 2017 2:00 PM


Grand Rapids native comes to LAFCU from National Credit Union Administration 

LANSING, Mich. — LAFCU has announced the appointment of Michael ‘Mic’ Shupe as chief lending officer.

In this position, Shupe serves as principal advisor to the CEO, CFO and board of directors concerning lending strategies and risk management.

“Mic is an outstanding addition to our leadership team,” said LAFCU CEO Patrick Spyke. “He has concentrated his career on working for the betterment of the credit union industry. We welcome his knowledge and expertise as we continue to grow and improve services for LAFCU members.”

Among Shupe’s many duties are collaborating on setting guidelines and policy related to loans and lending; maximizing portfolio growth; developing and implementing new lending services and products; and participating at the executive level to promote LAFCU and to develop new business.

“I am especially focused on developing services and loan products to benefit LAFCU members and to position LAFCU as our members’ credit union for life,” Shupe said.

He was most recently a regional capital markets specialist for the National Credit Union Administration (NCUA) where he was responsible for managing training, assessing and reducing risk exposure and collaborating with senior management on critical cases and issues.

Shupe joined the NCUA in 2009 as a credit union examiner, a position in which he provided a variety of services, including exams for large and complex credit unions and developing recommendations and corrective actions to reduce risk and improve services. He was a 2012 nominee for NCUA Examiner of the Year.

He has also worked at Lake Michigan Credit Union in Grand Rapids.

A graduate of Grand Valley State University, Grand Rapids, Shupe holds a bachelor’s degree in accounting. He also earned an associate degree in fine arts from Grand Rapids Community College. He has held certification as an alpine patroller through the National Ski Patrol since 2012.

Chartered in 1936, LAFCU is proud to be mid-Michigan’s credit union, serving the counties of Barry, Calhoun, Clinton, Eaton, Gratiot, Ingham, Ionia, Jackson, Livingston, Montcalm and Shiawassee. A recipient of the Dora Maxwell Social Responsibility Award, LAFCU takes pride in bringing value to the financial lives of its members, neighbors, families and community. Offering a comprehensive range of personal and business financial products, LAFCU provides services that include checking and savings accounts, auto and mortgage lending, business accounts and business lending. LAFCU serves nearly 60,000 members, holds more than $600 million in assets, and maintains nine locations throughout Greater Lansing and Shiawassee County. Anyone who lives, works, worships or attends school in its designated counties is eligible to join. Members enjoy benefits, such as lower interest rates on loans, higher yields on savings, insurance discounts, preferred seating for LAFCU-sponsored events, and access to 28,000 surcharge-free ATMs through the CO-OP ATM network. LAFCU supports and enriches mid-Michigan by donating funds and employee volunteer hours to many organizations and causes. To learn more about LAFCU, please call 517.622.6600 or find us online:
• Website: www.lafcu.com
• Facebook: www.facebook.com/LAFCU
• Twitter: @LAFCULansing

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