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Established in 2012, the Lake Trust
Foundation is a 501(c)(3) organization with the mission to link people and organizations together to create strong, diverse, vibrant communities by engaging in strategic community partnerships, outreach programs, and philanthropy. The Lake Trust Foundation focuses
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March 2013: Lake Trust Credit Union announced they would be building a new $ 30 million headquarters in
Brighton, Michigan. The site includes a new 100,000 square foot building designed to more efficiently and effectively join their employees who were split between corporate offices located in
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According to their website, the Lake Trust vision is “A world in which everyone thrives.” The credit union strives towards this vision by supporting the financial wellbeing of its members, team members, and communities. To Lake Trust, supporting wellbeing means partnering closely to understand
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Lake Trust has been honored with awards for outstanding workplace culture and dedication to small businesses in
Michigan. In 2022, Lake Trust was awarded the Corporate Social Impact Award as part of the Governor’s Services Awards, led by Michigan Governor Gretchen Whitmer.
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April 2010: Lake Trust Credit Union was established when
Detroit Edison Credit Union merged with NuUnion Credit Union to establish Lake Trust Credit Union. NuUnion had been a 2004 merger of State Employees Credit Union and Ottawa County School Employees Credit
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As of
September 2023, Lake Trust has branches in more than 20 cities, towns, and villages throughout Michigan, serving nearly 200,000 individual and business members. With more than $ 2.5 billion in assets, it ranks in the top 1% of credit unions nationwide.
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Since 2012, the Lake Trust
Foundation has worked with community partners to give more than $ 690,000 in grants, award over $ 1.8 million in scholarships, and donate over 616,000 meals and financially support food insecurity initiatives across Michigan.
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In 2012, the Lake Trust
Foundation, a 501(c)(3) organization was founded with the mission to link people and organizations together to create strong, diverse, vibrant communities by engaging in strategic community partnerships, outreach programs, and
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Lake Trust Credit Union strives to support members and communities in their journey toward wellbeing. Lake Trust understands that harnessing the power in all of us is key to building stronger communities and helping
Michiganders reach their goals.
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The Lake Trust
Financial Life Planning (FLP) team offers a variety of services to members including investment and insurance options to help members create a personalized money management plan and work toward their financial goals for the future.
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September 2015: Lake Trust headquarters was officially moved to
Brighton, Michigan. The building was established to be innovative and collaborative, where people are encouraged to work together in open spaces. It includes a restaurant and fitness
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According to the Lake Trust website, membership at Lake Trust is open to anyone who lives, works, attends school, or worships in the state of Michigan.
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A year after the merger, David Snodgrass, a former executive at Affinity Federal Credit Union in New Jersey was named President and CEO of Lake Trust.
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members’ goals, dreams, and aspirations – and working together to discover solutions and opportunities to achieve a brighter future.
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217:. As a not-for-profit financial cooperative, Lake Trust is owned by members of the credit union and regulated under the authority of the
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273:. It is currently Michigan’s largest CDFI credit union, focused on creating opportunities for the financially underserved.
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221:(NCUA). The organization is governed and supervised by an 18-member board of directors.
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399:"Gov. Whitmer Announces Winners for 2022 Governor's Service Awards"
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Those with an immediate family member that is a Lake Trust member.
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448:"Merger creates Lake Trust Credit Union, fourth largest in state"
417:"NuUnion Credit Union to merge with Detroit Edison Credit Union"
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Retirees of legal entities located in the state of Michigan.
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on supporting economic empowerment, health, and education.
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There are other ways to be eligible for membership:
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271:Community Development Financial Institution (CDFI)
369:. National Credit Union Service Organization.
351:. National Credit Union Service Organization.
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465:Eberbach, Jennifer (September 24, 2015).
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269:In 2017: Lake Trust became a certified
467:"Lake Trust Credit Union opens new HQ"
527:Companies based in Brighton, Michigan
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497:National Credit Union Administration
219:National Credit Union Administration
363:"Statement of Financial Condition"
345:"Statement of Financial Condition"
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446:Henderson, Tom (March 19, 2010).
423:. March 19, 2010. Archived from
522:Credit unions based in Michigan
517:1944 establishments in Michigan
322:Supporting Michigan Communities
295:A spouse of a deceased member.
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532:Economy of Lansing, Michigan
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512:Banks established in 1944
309:The Lake Trust Foundation
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16:Credit Union in Michigan
300:Financial Life Planning
211:Lake Trust Credit Union
121:Chief Executive Officer
40:A Lake Trust branch in
186:Number of employees
180:180,000 (2023)
101:Number of locations
42:Ann Arbor, Michigan
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387:. Top Work Places.
215:Brighton, Michigan
64:Financial services
427:on March 15, 2012
385:topworkplaces.com
381:"Top Work Places"
256:Lansing, Michigan
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163:Total assets
147:credit cards
78:Headquarters
54:Credit union
50:Company type
151:investments
506:Categories
331:References
278:Membership
111:Key people
20:Lake Trust
431:April 12,
367:ncuso.org
349:ncuso.org
200:laketrust
143:mortgages
117:President
260:Plymouth
135:checking
127:Products
87:Michigan
83:Brighton
60:Industry
266:center.
237:History
195:Website
177:Members
131:Savings
70:Founded
243:Union
433:2011
202:.org
119:and
73:1944
170:USD
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
