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LMCU Recognized as AM&AA Deal of the Year Award Finalist

January 24, 2023

Tampa, FL. (January 11, 2023) – Lake Michigan Credit Union (LMCU) is proud to have been a finalist in the 2023 Tampa Bay Alliance of Merger & Acquisition Advisors’ Deal of the Year Award for its merger with Pilot Bank. Although LMCU was not chosen as the winner, being one of three finalists recognizes the magnitude of the deal and its impact on the Tampa Bay business and financial community.

The AM&AA Tampa Bay Chapter Deal of the Year Award celebrates Tampa Bay’s thriving middle-market business community and honors locals who drive middle-market growth. Nominated deals and deal teams were evaluated based on their contribution to job growth, positive economic impact, capital formation, and the advancement of meaningful business relationships in the greater Tampa Bay Area.

Roy Hellwege, LMCU president of Central Florida and former president and CEO of Pilot Bank, was integral to the merger deal. “It is gratifying to see the hard work everyone put into the merger be recognized,” Hellwege said. “Becoming part of LMCU has been an amazing experience, and the merger will continue to benefit the financial sector of Tampa Bay and the surrounding area. I thank everyone who made the process go so smoothly — you deserve this recognition.”

Lake Michigan Credit Union, established in 1933, is the largest credit union in Michigan and 13th largest in the country. Employing a staff of over 1,550 and serving over 520,000 members, LMCU’s assets exceed $11.8 billion, with a mortgage servicing portfolio of over $14.3 billion. LMCU has 68 convenient branch locations overall, including 20 across Central and Southwest Florida. LMCU members have access to over 55,000 Allpoint ATMs worldwide. LMCU provides a full range of financial services, from high interest-bearing checking accounts to personal loans, mortgages, investments, and commercial banking.

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