Lake Trust Credit Union Okemos MI | Affordable Vehicle Loans & Checking

Introduction

Welcome to Lake Trust, your trusted financial partner located at 1821 Newman Rd, Okemos, MI 48864. Since our establishment in 1944, we have been dedicated to serving our members and the community with integrity and commitment. With a strong membership base of 178,606 individuals, we pride ourselves on creating a welcoming environment where everyone can find the financial solutions they need. At Lake Trust, we manage total assets exceeding $2.6 billion, ensuring that we have the resources to support your financial journey. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we've got you covered. Our total deposits stand at an impressive $165,763,797, reflecting our members' trust in us. Our team is led by experienced professionals who are passionate about helping you succeed financially. Under the leadership of CEO David Snodgrass and Board President Michael Solo, our dedicated staff of 477 employees is here to assist you every step of the way. We offer a range of services including online and mobile banking for your convenience, along with a 24/7 ATM available at our location. While members can visit us at 1821 Newman Rd, official correspondence should be sent to the same address for consistency. We're proud to operate with a net worth of $285,804,845, which speaks volumes about our stability and reliability as a financial institution. Your satisfaction is important to us. If you have any questions or would like to learn more about our offerings, don't hesitate to reach out! Call us at 888-267-7343 or explore our website at Lake Trust for more information. Join us today and experience the difference that comes from being part of a community-focused credit union!

Branch History & Mission

Community Focus

Our commitment extends beyond traditional banking services. We prioritize initiatives that support local businesses and contribute positively to the community's fabric. With an emphasis on accessibility, we ensure our facilities meet ADA compliance standards and strive for excellence in customer service through continuous training and development. While members can visit us at 1821 Newman Rd Okemos Mi 48864, official correspondence should be sent to 1821 Newman Rd, Okemos, MI 48864. We invite you to take advantage of our drive-thru banking services and 24/7 ATM availability for your convenience.

Join Us

Experience firsthand what makes Lake Trust unique. Whether you're looking for a checking account or planning for your future with one of our savings options, we are here to guide you every step of the way. Contact us at (888) 267-7343 or explore more about joining our family at Lake Trust. Together, let's build a brighter financial future!

Mission Statement

At Lake Trust, our mission is clear: we aim to enhance the lives of our members by providing exceptional financial services while fostering community growth. We believe that when our members thrive, so does our community. That's why we actively engage in outreach programs and partnerships that make a real difference in the lives of those around us.

Our Journey

Since our inception nearly eight decades ago, Lake Trust has experienced remarkable growth and transformation. Our journey began with a simple mission: to provide accessible financial services that empower individuals and families to achieve their dreams. Over the years, we've expanded our offerings to include personal banking, auto loans, mortgage financing, and business banking solutions. As of today, our total assets have reached an impressive $2.64 billion, reflecting our dedication to sound financial practices and member service.

Branch Location & Accessibility

Accessibility Features

At Lake Trust, we understand the importance of accessibility. Our branch is designed with ADA compliance in mind, ensuring that everyone can easily access our facilities. We offer ample parking right outside our entrance, making it easy for you to pop in without any hassle. Plus, if you prefer more convenience, our drive-thru service is available during regular hours for quick transactions on the go.

Get in Touch

Have questions or want to learn more about what we offer? Don't hesitate to give us a call at 888-267-7343. We look forward to welcoming you into the Lake Trust family! If you need official correspondence, please send it to our mailing address at 1821 Newman Rd, Okemos, MI 48864. Come visit us today and experience how easy banking can be!

Operating Hours and Services

We know that life can get busy, so we've tailored our operating hours to fit your schedule. Visit us 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. Need cash outside of these hours? Our ATM is accessible 24/7 and even accepts deposits! Our services cover a wide range of banking needs including checking and savings accounts, auto loans, mortgage options, personal loans, and credit cards with rewards. Whether you're looking for business banking solutions or simply need assistance with online banking, our friendly staff is here to help.

Member Eligibility

Becoming a member of Lake Trust is like joining a welcoming family that truly cares about your financial well-being. If you live, work, worship, or go to school in the areas we serve, you're likely already eligible to join us! We aim to make banking accessible for everyone, so even if you're unsure about your eligibility, don't hesitate to reach out and ask. Our team is ready to help you navigate the process. For detailed eligibility criteria, feel free to check out this link: https://laketrust.org/personal/banking/become-a-member?hslang=en. Opening an account with us is straightforward and rewarding. You can start the process online by visiting https://laketrust.org/apply-for-a-loan?hslang=en, or you can simply give us a call at (888) 267-7343 if you prefer a more personal touch. We're excited to have you join our community at Lake Trust, located at 1821 Newman Rd Okemos Mi 48864, where you'll enjoy personalized service and a range of financial products tailored just for you!

Business Banking & Commercial Services

Merchant Services That Work for You

Managing payments shouldn't be complicated. Our merchant services simplify transactions so you can focus on what matters most growing your business. Imagine being able to accept payments seamlessly from customers while accessing tools that help track sales and manage cash flow effectively. This is not just about making sales; it's about creating a better experience for you and your customers. At Lake Trust, we are here to provide the financial support and services that will help your business reach its full potential. Let's work together to build a brighter future for your enterprise! For more information, call us at (888) 267-7343 or visit us today!

Tailored Loan Solutions

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. Additionally, 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

Basic Banking Services

For those who prefer traditional banking methods, we also offer basic drive-thru banking for deposits and simple transactions. And don't forget about our ATMs where you can withdraw cash or check your balance at any time. At Lake Trust, we're proud to serve the Okemos community with personalized service and convenience at every turn. If you're ready to explore how our comprehensive list of services can work for you, don't hesitate to reach out! Give us a call at (888) 267-7343, or visit us at our branch located at 1821 Newman Rd Okemos Mi 48864. We look forward to welcoming you into the Lake Trust family!

Business Banking Services

If you're a business owner, Lake Trust is here to support your growth. We offer merchant services to streamline payments and business loans designed to help you expand operations. Your business deserves the best financial tools available, and we're dedicated to helping you succeed.

Convenient Digital Banking

In today's fast-paced world, managing your finances digitally is essential. That's why we provide robust online and mobile banking services. You can check balances, pay bills, and transfer money anytime, anywhere from your smartphone or computer. Our ATM services allow for easy cash withdrawals, while our drive-thru banking makes quick transactions even simpler.

Personal Banking Solutions

Our personal banking services are designed with you in mind. Open a checking or savings account to easily manage your finances. Need extra funds? Our auto loans and vehicle financing options make it easy for you to get on the road with a new car. If you're thinking about buying a home, our mortgage loans and refinancing options will help you navigate the process smoothly. For those looking to consolidate debt or fund personal projects, our personal loans offer flexible terms tailored to your situation. Plus, with credit cards that come with rewards, you can earn benefits as you spend.

Digital & Online Banking

Key Services

Our online banking platform is user-friendly and packed with features that help simplify your financial life. You can enjoy the benefits of e-statements, which provide a quick and eco-friendly way to view your account statements without the clutter of paper. Plus, with our mobile application, you can manage your accounts on the go whether you're paying bills or checking transactions. Need to send money to a friend? Our person-to-person transfer feature makes it easy to send or receive funds in real-time, eliminating the hassle of cash or checks. Additionally, if you're a fan of mobile payments, we've got you covered! Our system supports mobile payment options, allowing you to make purchases directly from your phone.

Security and Ease of Use

Your security is our top priority. While we do not currently support electronic signature authorization, rest assured that all online transactions are protected with robust security measures. You can bank confidently knowing that your information is secure. At Lake Trust, we believe that managing your finances should be simple and accessible for everyone. Whether you're at home or out and about, our digital banking tools provide you with real-time account management right at your fingertips. So go ahead embrace the ease of online banking today!

Financial Strength

At Lake Trust, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to serving you with confidence. 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 $1,082 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. 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; we have $26,023 in used auto loans and $1,959,922,656 in total loans and leases to support your financial goals across various sectors. 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. 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. In total, we boast 347,904 share accounts a testament to the trust our growing member base has placed in us. 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 1821 Newman Rd Okemos Mi 48864 or call (888) 267-7343 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

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 pre-owned vehicle, we provide competitive rates and straightforward terms.

Business Loans

For business owners seeking capital to grow and expand their ventures, our outstanding commercial loans totaling $383,124,035 provide the support needed to take your business to the next level. We understand that every business has unique needs; that's why we work closely with you to create a loan solution that fits perfectly. At Lake Trust, we're committed to providing personalized service and comprehensive financial solutions. If you are considering refinancing options or want more details on eligibility for any of our loan products, feel free to reach out. You can contact us at 888-267-7343 or visit us at our branch located at 1821 Newman Rd Okemos Mi 48864. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. No matter what your borrowing needs may be, Lake Trust is here to help you navigate your options smoothly and confidently. Explore our loan offerings today and see how we can assist you on your financial journey!

Credit Lines and Unsecured Loans

For those looking for financial flexibility, we have credit lines available totaling $497,547,000. These lines can help you manage expenses as they arise or fund unexpected opportunities. Additionally, 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.

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 know that purchasing a home is one of the biggest investments you'll make. That's why our mortgage specialists are here to guide you through every step of the process.

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 ensures that users can easily identify the most suitable loan options based on their needs. LendMesh guarantees accurate loan comparisons through a rigorous sourcing process. Loan data is obtained directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to accuracy is backed by the latest results available on the NCUA's official website (Source: https://www.ncua.gov), ensuring fair and transparent offers for all users. The benefits of using LendMesh are clear and substantial: - Verified Data: All loan offers come from legitimate financial institutions, promoting transparency in the comparison process. - No Sponsored Listings: Unlike many other platforms, LendMesh does not prioritize lenders based on paid promotions. The focus is solely on delivering unbiased results. - Real-Time Rate Comparisons: Users receive up-to-date loan rates from multiple institutions, empowering them to make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial reflects the value that real users find in the platform. 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