Lake Trust Ann Arbor MI Credit Union | Best Auto Loans & Low Mortgage Rates

Introduction

Welcome to Lake Trust, your trusted financial partner located at 2180 W Stadium Blvd, Ann Arbor, MI 48103. Since our establishment in 1944, we have been dedicated to serving our community with integrity and care. With over 178,606 members and assets exceeding $2.6 billion, we are proud to offer a wide range of financial services tailored to meet your needs. At Lake Trust, we believe that banking should be personal and accessible. Our commitment is reflected in our total deposits of $165,763,797 and a net worth of $285,804,845, ensuring that your savings are secure while we help you achieve your financial goals. With a diverse array of products including auto loans, mortgages, personal loans, and business banking services, there's something for everyone. Our team is led by CEO David Snodgrass and Board President Michael Solo, who prioritize the well-being of our members and the community. With a staff of 477 employees, we're here to provide you with exceptional service every step of the way. While members can visit us at our branch location for face-to-face assistance, official correspondence should be sent to the same address: 2180 W Stadium Blvd, Ann Arbor, MI 48103. We invite you to explore our website at Lake Trust for more information on how we can assist you or simply give us a call at 734-769-9830. Join us in building a brighter financial future together!

Branch History & Mission

Modern Banking Experience

While Lake Trust has deep roots in tradition, we also embrace modern technology to enhance your banking experience. Our digital tools include online banking and mobile payment options that make managing your finances convenient and secure. Plus, with 24/7 ATM access and drive-thru services available during operating hours Monday through Saturday we're here for you when you need us. As we look ahead, our commitment remains steadfast: to serve our members with integrity and dedication while contributing positively to the communities we love. We invite you to join us at Lake Trust experience firsthand how we're more than just a credit union; we're a partner in your financial well-being. For any official correspondence, please reach out to us at the same address: 2180 W Stadium Blvd, Ann Arbor, MI 48103. If you're ready to take the next step towards achieving your financial goals, visit Lake Trust today!

Our Mission

Our mission at Lake Trust is clear: we strive to provide accessible financial services that empower our members and support the community. We believe in creating meaningful relationships with each member and delivering personalized solutions that help them navigate their financial journeys. Whether it's through personal banking options like checking and savings accounts or financing solutions such as auto loans and mortgages, we aim to make banking straightforward and beneficial for everyone. In addition to offering robust financial products, we take pride in our community outreach efforts. We actively seek partnerships and initiatives that give back to Ann Arbor and its surrounding areas. By supporting local organizations and participating in community events, we work to foster a spirit of collaboration and support within our neighborhoods.

Branch Location & Accessibility

Accessibility Features

At Lake Trust, we prioritize your comfort and convenience. Our branch is fully ADA compliant, ensuring that everyone can easily navigate our facilities. We offer ample parking for both cars and those with disabilities. You'll find ramps and other accessibility features designed to make your visit as smooth as possible.

Get in Touch!

Have questions? Give us a call at 734-769-9830! Our friendly team is eager to help you with any inquiries or services you may need. We invite you to visit us today at Lake Trust where your financial journey begins!

Operating Hours

We understand that your time is valuable. That's why we're open Monday through Thursday from 9 AM to 5:30 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Our drive-thru service operates during the same hours for added convenience. Whether you're stopping by for a quick transaction or planning a more in-depth financial discussion, we're here when you need us.

Services Available

Our branch offers a wide range of services tailored to meet your needs. From personal banking solutions like checking and savings accounts to vehicle financing and mortgage loans, we have something for everyone. Plus, our ATM is available 24/7 for those late-night cash withdrawals or balance checks.

Member Eligibility

Becoming a member of Lake Trust feels like joining a welcoming family that truly cares about your financial well-being. To be eligible, you can be anyone who lives, works, or attends school in the communities we serve. This means if you're in the area around 2180 W Stadium Blvd Ann Arbor Mi 48103, you have access to our friendly services! Whether you're looking for personal banking, loans, or simply want to save more effectively, membership opens up a world of possibilities tailored just for you. Joining is easy and straightforward just check out our eligibility criteria at https://laketrust.org/personal/banking/become-a-member?hslang=en for all the details. Once you're ready to take the next step, visit us online at https://laketrust.org/apply-for-a-loan?hslang=en to open your account. If you have any questions or need assistance, don't hesitate to reach out at (734) 769-9830. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer merchant services that make daily operations smoother. Picture this: a customer walks into your store, ready to make a purchase. With our easy-to-use payment processing solutions, you can accept various forms of payment quickly and securely. This convenience not only enhances customer satisfaction but also helps increase sales. Located at 2180 W Stadium Blvd Ann Arbor Mi 48103, Ann Arbor, MI, we're here to help you take your business to the next level. For more information or assistance, call us at (734) 769-9830 today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $392 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $96 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $383,124,035, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Additional Services

We also offer basic drive-thru banking for deposits and simple transactions, ensuring that even when you're on the go, your banking needs are met swiftly. Our ATMs are available 24/7 for those late-night withdrawals or balance inquiries. At Lake Trust, we understand that every member's financial journey is unique. That's why we're here to listen and provide personalized service tailored just for you. If you're ready to take control of your financial future or have questions about any of our offerings, don't hesitate to visit us at our branch in Ann Arbor or explore our website at Lake Trust. Join us today and experience the difference personalized banking can make!

Business Banking

For our business members, we offer comprehensive solutions including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our team is here to support your business needs.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking options that allow you to manage your accounts anytime, anywhere. With features like ATM access for quick cash withdrawals and balance checks, plus person-to-person payment options, handling your finances has never been easier.

Personal Banking

Our personal banking services are designed to make managing your money easy and efficient. From checking and savings accounts that help you keep track of your finances to auto loans and vehicle financing for when you're ready to hit the road in a new car, we've got you covered. Need a home? Our mortgage loans and refinancing options can guide you through buying or upgrading your property. If you find yourself needing extra cash, our personal loans and debt consolidation services provide flexible solutions that fit your budget. Plus, with our credit cards with rewards, you can earn points on everyday purchases while enjoying the benefits of secure transactions.

Digital & Online Banking

Added Convenience

Need to send money to a friend? Our person-to-person transfer feature makes it simple to send cash quickly without needing to exchange physical checks or cash. Additionally, if you're on the go, our mobile payments option allows you to make purchases right from your smartphone. With 24/7 online banking services available, managing your finances has never been easier. You can log in anytime to get real-time updates on your accounts, making it simple to stay on top of your spending and savings goals. At Lake Trust, we're committed to providing a banking experience that fits seamlessly into your life. Explore all our digital banking services today!

Key Services Available

With our online banking platform at https://laketrust.org/, you can check balances, pay bills, and transfer money with ease. Plus, our mobile application allows you to bank on the go! Whether you're at home or out and about, you'll have the tools you need right in your pocket. If you prefer receiving your statements electronically, we offer e-statements for easy access and organization of your financial documents. This feature not only helps the environment but also ensures that your sensitive information is safe from being lost or misplaced.

Security You Can Trust

We take security seriously at Lake Trust. While we do not currently offer electronic signature authorization, our systems are designed to keep your data protected. You can feel confident using our services knowing we prioritize your privacy and security.

Financial Strength

Committed Team

We also take pride in having 474 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. This dedicated workforce plays an essential role in maintaining the level of service you deserve as a member of Lake Trust.

Growing Member Base

Total Share and Deposit Accounts stand at 347,904, showing a strong and growing member base that trusts us with their finances. This trust allows us to operate efficiently while reflecting our commitment to you with a net income of $0, which enables us to continue offering competitive loan rates and solid financial products for all our members. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lake Trust is your trusted partner. Visit us at 2180 W Stadium Blvd Ann Arbor Mi 48103 or call 734-769-9830 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $191,939,705 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $26,023 in used auto loans and a total of $1,959,922,656 in loans and leases.

Secure Savings Options

Members' savings are secured through $544,882,520 in share certificates and $416,960,753 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $285,804,845, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1082 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $410,972,000 in used vehicle loans and $92,290,479 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used vehicle, we've got you covered.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $383,124,035 provide the capital needed to expand operations and reach new markets. Our team understands the challenges businesses face and is committed to supporting local entrepreneurs. Whether you're ready to apply for a loan or need more information about our offerings and eligibility requirements, don't hesitate to reach out. You can contact us at 734-769-9830 or visit us online at Lake Trust. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial goals!

Mortgage Options

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide competitive rates on Junior Lien 1-4 Family Residential Properties loans totaling $51,534,254. If you're considering refinancing your current mortgage or exploring eligibility options for a new home loan, our team is ready to assist you every step of the way.

Personal and Credit Card Loans

For those looking for flexible borrowing options, we also offer unsecured credit card loans totaling $34,292,642. These loans are designed to help you manage your finances effectively while providing convenience and peace of mind.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed for consumers who want to make informed financial decisions without the confusion often associated with comparing loan offers. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This approach guarantees that users receive fair and transparent offers from legitimate lenders. One of the standout features of LendMesh is its commitment to transparency: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the effectiveness of this tool in helping consumers secure better financing options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Lake Trust