Lake Michigan Credit Union (LMCU) expanded its Southwest Florida staff during the third quarter with two key hires.
Jay McGregor has been named vice president of commercial banking for the Southwest Florida region. He is a 30- year veteran of the financial industry, including 25 years in commercial lending and commercial relationship management in Lee County.
At LMCU, McGregor specializes in various aspects of commercial lending, including equipment financing, lines of credit for working capital, commercial real estate, and multi-family residential investment property.
Also, Mark Wait recently was named mortgage loan officer for Port Charlotte. He is a 30-year veteran of the banking industry, including 27 years in the mortgage business. Wait graduated from Central Michigan University and the Robert M. Perry School of Banking.
Lake Michigan Credit Union is the largest credit union in Michigan, with assets exceeding $6.38 billion and more than 439,000 members. It offers a full range of personal and commercial financial services, and boasts a total of 54 branch locations, including 10 in Southwest Florida. To find out more, please visit LMCU.org.