Lake Trust Credit Union Brighton MI | Affordable Auto Loans & Business Banking

Introduction

Welcome to Lake Trust, your trusted partner in financial well-being, located at 4605 S Old Us Highway 23, Brighton, MI 48114. Since our establishment in 1944, we have dedicated ourselves to serving our community and nurturing financial growth for all our members. With a thriving membership of over 178,606 individuals and total assets amounting to an impressive $2,639,209,943, we are committed to providing exceptional service tailored to your needs. At Lake Trust, we understand that financial decisions can be daunting. That's why our friendly team is here to guide you every step of the way. Whether you're interested in personal banking services like checking and savings accounts or need assistance with auto loans, mortgages, or business banking solutions, we're equipped to help you achieve your financial goals. While members can visit us at our branch address, official correspondence should be sent to 4605 S Old US Highway 23, Brighton, MI 48114-7521. Our experienced leadership team, led by CEO David Snodgrass and Board President Michael Solo, ensures that we remain focused on our mission: empowering our members through personalized financial solutions. Our commitment to excellence is reflected in our robust financial standing. With total deposits reaching $165,763,797 and a net worth of $285,804,845, we pride ourselves on being a reliable resource for your financial needs. We also maintain a healthy cash reserve of $32,552,396, allowing us to support our members confidently. We invite you to explore how Lake Trust can enhance your financial journey. For any questions or assistance, feel free to give us a call at 888-267-7200. Our operating hours are Monday through Friday from 7 AM to 7 PM and Saturday from 9 AM to 1 PM. Visit us today or check out our website at Lake Trust for more information on membership and services. Join us at Lake Trust where your financial future is our priority!

Branch History & Mission

At Lake Trust, we take pride in our rich history and unwavering commitment to serving the community of Brighton, MI. Established in 1944, our branch has grown alongside our members, evolving from a small local credit union to a trusted financial partner for over 178,606 members. Our branch is located at 4605 S Old Us Highway 23 Brighton Mi 48114, a convenient spot where we strive to make financial services accessible to everyone in our area. Over the years, Lake Trust has achieved remarkable milestones. We have built a solid foundation with total assets reaching an impressive $2,639,209,943. This growth reflects not just our financial strength but also our dedication to providing meaningful support and guidance to our members. Our mission is clear: we aim to empower individuals and families by offering personalized banking solutions that foster financial well-being and stability. While members can visit us at 4605 S Old Us Highway 23 Brighton Mi 48114, official correspondence should be sent to 4605 S Old US Highway 23, Brighton, MI 48114-7521, ensuring that we can serve you promptly and effectively. At the heart of Lake Trust's mission is a deep commitment to community support. We believe in giving back through various outreach programs and partnerships that uplift those around us. Whether it's sponsoring local events or providing resources for financial literacy, we are here to make a difference. Our focus is not only on providing excellent banking services but also on being a pillar of strength within the Brighton community. In today's fast-paced world, we understand the importance of digital advancements in banking. That's why we offer online and mobile banking options, making it easier for our members to manage their finances anytime, anywhere. Our commitment extends beyond just technology; we prioritize customer service with ADA compliance and initiatives designed with your needs in mind. With operating hours from Mon-Fri 7am-7pm; Sat 9am-1pm, we're here when you need us most, ready to assist with everything from personal checking accounts to auto loans and mortgages. While we currently do not have ATM or drive-thru services available, our staff is always eager to help you in person or over the phone at (888) 267-7200. Join us at Lake Trust today! Experience firsthand how we can help you achieve your financial goals while being part of a supportive community-focused family. Visit our website at Lake Trust or check out our membership eligibility here to get started on your journey with us!

Branch Location & Accessibility

A Range of Services Just for You

Our branch is dedicated to providing a variety of financial services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. Plus, if you're looking for business banking solutions or want to explore online and mobile banking options, we're here to help guide you every step of the way.

Convenient Access and Amenities

At Lake Trust, we prioritize accessibility for all our members. Our location features ample parking and is designed to accommodate everyone, including those who may require additional assistance. While we currently do not offer drive-thru services or ATMs on-site, our friendly team is always ready to assist you inside during our welcoming lobby hours from Monday through Friday, 7 AM to 7 PM, and Saturday from 9 AM to 1 PM.

Get in Touch!

We invite you to visit us at Lake Trust in Brighton! If you have any questions or would like more information about our services before your visit, feel free to call us at 888-267-7200. We're excited to help you achieve your financial goals!

Member Eligibility

At Lake Trust, we believe that joining our community is more than just opening an account it's about becoming part of a supportive family that cares about your financial well-being. To become a member, you'll find that eligibility is quite inclusive! If you live, work, worship, or go to school in the areas we serve, you're likely eligible. We welcome individuals from all walks of life, whether you're starting your first savings account or looking for financing options for a new vehicle. For more detailed information on the specific eligibility criteria, feel free to check out our website at https://laketrust.org/personal/banking/become-a-member?hslang=en. Once you've confirmed your eligibility, opening an account with us is a breeze! You can easily apply online or visit us at our branch located at 4605 S Old Us Highway 23 Brighton Mi 48114. If you have any questions or need assistance during the process, don't hesitate to reach out to us at (888) 267-7200. We're here to help you every step of the way as you start your journey with Lake Trust!

Business Banking & Commercial Services

Commercial Loans That Empower Growth

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.

Practical Merchant Services

In addition to loans, we offer merchant services that simplify payment processing. Imagine being able to accept payments anytime, anywhere whether at your storefront or online. This flexibility not only enhances customer satisfaction but also helps improve cash flow. Located at 4605 S Old Us Highway 23 Brighton Mi 48114 in Brighton, MI, our team is here to guide you through every step of your business journey. For more information, call us at (888) 267-7200 or visit our website at Lake Trust.

Comprehensive List Of Services

Business Banking

For entrepreneurs and small business owners, we offer specialized Business Banking Services including merchant services and business loans. This means whether you're launching a startup or expanding an existing venture, we have the tools and resources necessary to support your success.

Convenience at Your Fingertips

Not only do we prioritize exceptional service in person during our lobby hours from Monday through Friday from 7 AM to 7 PM, but we also ensure convenience through modern technology. Our ATM & Cash Withdrawal Services may not be available on-site; however, our digital banking features make accessing your funds simpler than ever. In summary, whether you're managing personal finances or running a business, Lake Trust is here for you with an array of services designed for every member's unique journey. To learn more about how we can assist you or open an account today, please call us at 888-267-7200 or visit our website at Lake Trust. Your financial future starts here!

Credit Cards and Rewards

Looking for ways to earn rewards while spending? Our Credit Cards with Rewards program lets you rack up points on everyday purchases which can be redeemed for exciting perks making each transaction work harder for you.

Loans and Financing

When it comes to financing options, Lake Trust has you covered. We provide Auto Loans & Vehicle Financing that can help turn your dreams of owning a new car into reality. Plus, our Mortgage Loans & Refinancing options allow you to secure the home you've always wanted or lower your monthly payments with ease. If you're facing unexpected expenses or need to consolidate debt, our Personal Loans & Debt Consolidation plans can offer flexible solutions tailored just for you.

Personal Banking

For everyday banking needs, we offer Checking & Savings Accounts designed to give you easy access to your money while earning interest. Imagine being able to manage your finances from anywhere with our Online & Mobile Banking services. With just a few taps on your phone, you can check balances, transfer funds, and even pay bills without stepping foot into the branch.

Digital & Online Banking

Key Services for Your Convenience

Our online banking platform allows you to manage your accounts with ease. Whether you're checking balances, paying bills, or transferring funds, everything is just a few clicks away. You'll love the ability to access e-statements, which means you can keep track of your financial activity without the clutter of paper statements. Plus, our mobile application makes it even easier to stay connected on the go. If you're looking for flexibility in payments, our mobile payments feature allows you to make purchases directly from your phone. And if you need to send money quickly to friends or family, our person-to-person transfer option ensures that funds are sent instantly and securely.

Security You Can Trust

We prioritize your security at Lake Trust. Our online banking system is designed with robust security features to protect your information while giving you peace of mind. Although we do not currently offer electronic signature authorization, our other security measures ensure that your transactions are safe and sound. In addition to convenience, our user-friendly interface makes navigating through your account simple and straightforward. You don't need to be tech-savvy; just log in and start managing your finances right away! With all these features combined, digital banking at Lake Trust offers an accessible and efficient way for you to take charge of your financial health. Join us today at https://laketrust.org/ and experience banking made easy!

Financial Strength

Growing Member Base

Total Share Accounts stand at 347,904, showing a strong and growing member base that trusts us with their finances. This growth reflects our commitment to serving you well while maintaining our financial strength. 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 4605 S Old Us Highway 23 Brighton MI 48114 or call 888-267-7200 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

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.

Operational Efficiency

Our operational efficiency shines through with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. Additionally, we 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 and committed team.

Our 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.

Reinvestment for Growth

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 is robust; with $26,023 in used auto loans and a total of $1,959,922,656 in loans and leases, we're here to support your financial goals across various sectors.

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. We provide flexible financing options tailored to fit your budget and lifestyle.

Credit Lines

Our total credit lines amount to $497,547,000, giving our members the flexibility they need when it comes to managing cash flow or making larger purchases. These credit lines can be an excellent tool for both personal use and business expenses.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $51,534,254, make buying or refinancing simple. We are here to guide you through the process and ensure you have the support you need at every step.

Refinancing Options

If you're looking to refinance existing loans or explore eligibility options for our various products, our team is ready to assist you. We will work closely with you to find solutions that best fit your financial situation. For any questions about our loan offerings or to schedule a consultation, feel free to reach out at 888-267-7200 during our operating hours: Monday through Friday from 7 AM to 7 PM and Saturday from 9 AM to 1 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Lake Trust, we are committed to providing you with transparent information and exceptional service as you navigate your financial journey.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $34,292,642 in loans helping members manage their finances effectively. This option is great for those looking to consolidate debt or cover unexpected expenses without the burden of collateral.

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. With a commitment to transparency and reliability, LendMesh serves as a trusted tool for anyone looking to secure the best lending options. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This adherence to strict regulations guarantees that users receive fair and transparent offers based on the latest results (Source: https://www.ncua.gov). By focusing on verified data, LendMesh provides peace of mind that users are comparing legitimate loan options. One significant advantage of using LendMesh is its Verified Data feature. All loan offers come from reputable financial institutions, ensuring users can trust the information they see. Additionally, there are No Sponsored Listings on the platform; lenders are not prioritized based on paid promotions. This means that the results displayed are truly unbiased, allowing users to make informed choices without worrying about hidden agendas. With Real-Time Rate Comparisons, LendMesh continuously updates loan rates from multiple institutions. This up-to-date information helps users stay informed about current market conditions, enabling them to make decisions that best suit their financial needs. 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!" This testimonial highlights the effectiveness of LendMesh in helping individuals secure better financial deals. 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