Lake Trust Credit Union Plymouth MI | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Lake Trust, your trusted financial partner located at 190 Ann Arbor Rd W, Plymouth, MI 48170. Established in 1944, we have proudly served our community for over seven decades, helping our members achieve their financial goals with a personal touch. With a total membership of 178,606 and assets exceeding $2.6 billion, Lake Trust is not just a credit union; it's a vibrant community where your financial well-being is our priority. Our commitment to you goes beyond numbers. We offer a wide range of services including checking and savings accounts, auto loans, mortgage options, and personal loans designed to fit your unique needs. As of now, we have facilitated 73,602 loans and leases, demonstrating our dedication to supporting our members' aspirations. While members can visit us at 190 Ann Arbor Rd W, official correspondence should be sent to 190 W Ann Arbor Road, Plymouth, MI 48170. Our branch is equipped with modern conveniences like online banking and mobile payments to ensure you have access to your finances anytime you need it. Under the leadership of CEO David Snodgrass and Board President Michael Solo, our team of 477 employees works tirelessly to provide exceptional service and guidance. We pride ourselves on being more than just a place for transactions; we strive to build lasting relationships with our members based on trust and transparency. At Lake Trust, we understand that every member's journey is different. Whether you're saving for your first home or planning for retirement, we are here to help you navigate your financial path with confidence. Ready to take the next step? Call us today at 888-267-7200 or visit us online at Lake Trust to explore how we can support your financial dreams!

Branch History & Mission

At Lake Trust, we proudly carry a legacy that began in 1944. Since our inception, we have been dedicated to providing exceptional financial services to our members in Plymouth, MI. Our branch, located at 190 Ann Arbor Rd W, has become a cornerstone of the community, reflecting our commitment to not just banking, but also to enriching the lives of those we serve. Over the years, Lake Trust has grown significantly. Today, we proudly serve over 178,000 members with total assets exceeding $2.6 billion. This growth is not just a number; it represents trust and loyalty built through years of service. We have continually adapted to meet the changing needs of our members while staying true to our mission. Our mission at Lake Trust is simple yet powerful: we strive to empower our members by offering accessible financial solutions and fostering community development. We believe in creating opportunities for everyone, whether through personal banking services like checking and savings accounts or support for local businesses with tailored loan options. Our dedicated team works hard every day to ensure that each member feels valued and supported. While you can visit us at our branch address for all your banking needs, official correspondence should be directed to our mailing address at 190 W Ann Arbor Road, Plymouth, MI 48170 if different from the branch address. We are proud to offer modern conveniences such as online and mobile banking, ensuring that managing your finances is easy and efficient. Our drive-thru service allows you to complete basic transactions without leaving your vehicle. Plus, with an ATM available 24/7 for deposits and withdrawals, you have access to your funds whenever you need them. Our commitment extends beyond just financial services. We actively participate in community outreach programs aimed at supporting local initiatives and partnerships that make Plymouth a better place to live and work. Whether it's through educational workshops or sponsoring local events, we believe in giving back. As we look toward the future, we invite you to join us on this journey. Experience the benefits of being part of Lake Trust where our focus is always on you the member your financial well-being and your community's prosperity. For more information or to become a member today, call us at 888-267-7200 or visit our website here. Together, let's build a brighter future!

Branch Location & Accessibility

Comprehensive Banking Services

Our branch offers a variety of services designed to meet your personal and business banking needs. From checking and savings accounts to auto loans and mortgage options, we've got you covered. If you're looking for quick transactions or need assistance with more complex financial matters, our friendly staff is always here to help.

Convenient Access and Parking

We understand that accessibility is important for our members. That's why our branch features ADA-compliant facilities, ensuring everyone can access our services without hassle. There's ample parking available right outside the branch, so you won't have to worry about finding a spot when you visit us.

Get in Touch!

Ready to experience convenient banking? We invite you to visit us at Lake Trust in Plymouth or give us a call at 888-267-7200. Your financial journey starts here!

Operating Hours Designed for You

At Lake Trust, we strive to accommodate your busy schedule. Our lobby hours are set from Monday to Thursday from 9 AM to 5:30 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. If you're in need of more flexible options, our drive-thru service is open Monday through Friday from 7 AM to 7 PM and Saturday from 9 AM to 1 PM. Plus, our ATM is available around the clock for cash withdrawals and deposits.

Member Eligibility

At Lake Trust, we believe that everyone deserves a chance to thrive in their financial journey, and becoming a member is your first step toward that goal. To join our community, you just need to meet a few simple eligibility criteria. If you live, work, worship, or attend school in the local area, you're likely already qualified! We welcome individuals from all walks of life, so whether you're looking for personal banking options or business services, there's a place for you here. For detailed eligibility information, feel free to check out our eligibility page. Opening an account with us is as easy as picking up the phone or visiting our branch at 190 Ann Arbor Rd W Plymouth Mi 48170. Our friendly team is here to guide you through the process and answer any questions you might have. Simply call us at (888) 267-7200 or visit our account opening page to get started. Join us at Lake Trust, where you'll find not just banking services but a supportive community ready to help you succeed!

Business Banking & Commercial Services

Merchant Services That Work for You

In today's fast-paced world, having efficient payment solutions is crucial. Our merchant services make it easy for you to accept payments from customers seamlessly. Imagine processing sales at your local store or online without a hitch our tools help you do just that, ensuring you can focus on what matters most: running your business. Visit us at 190 Ann Arbor Rd W Plymouth Mi 48170 in Plymouth, MI or call us at (888) 267-7200 to explore how we can help your business thrive!

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. - 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

Auto Loans & Vehicle Financing

When it comes time to purchase a vehicle, our Auto Loans & Vehicle Financing options make it easy to get behind the wheel. Picture driving off in your dream car without the stress of complicated loan processes. Our competitive rates help keep your monthly payments affordable so you can enjoy your new ride with peace of mind.

Business Banking

If you're a business owner, our Business Banking services cater to your unique needs. From merchant services to business loans, we support local businesses in thriving and growing within the community. You can trust us to provide resources that help streamline operations and foster success.

Convenient Access Options

With our focus on convenience, members have access to numerous banking features including ATM services for cash withdrawals and balance checks around the clock, along with basic drive-thru banking for quick transactions like deposits and withdrawals. This means whether you're rushing to work or managing errands, we're here when you need us most. At Lake Trust, located at 190 Ann Arbor Rd W Plymouth Mi 48170, we pride ourselves on making banking easy and accessible for all our members. If you have questions about any of these services or want to know how we can assist you further, don't hesitate to reach out at (888) 267-7200. We invite you to explore how we can help enhance your financial journey today! Visit us online at Plymouth Town Center for more information or start your application process now!

Credit Cards with Rewards

Our Credit Cards with Rewards are perfect for those who love earning as they spend. Imagine collecting points on every purchase that can be redeemed for exciting rewards or cash back making every dollar spent work harder for you.

Mortgage Loans & Refinancing

For those considering homeownership or looking to refinance an existing mortgage, our Mortgage Loans & Refinancing services provide flexible solutions that fit your financial situation. We guide you through each step, ensuring you understand every detail while helping you secure favorable terms that align with your budget.

Personal Banking

Whether you're looking to manage your everyday finances or save for future goals, our Personal Banking options have you covered. We provide various checking and savings accounts designed for all lifestyles. Imagine easily accessing your funds through online and mobile banking whenever you need them. With features like e-statements and mobile payments, managing your money has never been simpler.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. That's why we offer Personal Loans & Debt Consolidation options that allow you to manage financial challenges effectively. Whether it's consolidating debt or funding a major purchase, our loans can give you the relief and flexibility you need.

Digital & Online Banking

Always Available

With our 24/7 online banking services, help is always just a click away. You can access your account information whenever it suits you, without waiting for traditional banking hours. Even though we don't offer electronic signature authorization at this time, we're committed to providing safe and efficient service. At Lake Trust, we prioritize making banking straightforward and accessible for all our members. Experience the benefits of modern banking with us today!

Key Features for You

Our online banking offers a variety of user-friendly features that put you in control of your finances. You can check your balances, pay bills, and transfer funds with ease. Plus, enjoy the peace of mind that comes from knowing your information is secure. One standout feature is our mobile application. Whether you're at home or on the go, you can manage your accounts right from your smartphone. With mobile payments, making purchases has never been easier simply tap and go! Need to send money to a friend? Our person-to-person transfer option lets you quickly send funds without any hassle. And if you prefer going paperless, take advantage of our e-statements, which allow you to view your financial statements digitally, helping you stay organized while being environmentally friendly.

Financial Strength

Commitment to 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 supports members' financial goals across various sectors with $26,023 in used auto loans and $1,959,922,656 in total loans and leases.

Member-Centric Approach

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 $0 reflects our operational efficiency, 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.

Strong Financial Foundation

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.

Trusted Partnership

Net Shares (Funds available for lending and investments): $0. Total Share and Deposit Accounts: 347,904, showing a strong and growing member base that trusts us with their finances. 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 190 Ann Arbor Rd W Plymouth Mi 48170 or call (888) 267-7200 to learn more about how we can help you achieve your financial goals.

Loan Offering

Additional Options

We pride ourselves on offering competitive rates across all our loan products. If you're interested in refinancing any existing loans or exploring eligibility options for our various offerings, don't hesitate to reach out. For more information about our loan products or to start your application process today, please call us at 888-267-7200 or visit our website 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.

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 considering financing a brand-new model or a reliable used option, we have flexible terms to fit your budget.

Business Financing

For business owners, our outstanding commercial loans totaling $383,124,035 provide the capital needed to grow and expand. Whether you're looking for equipment financing or working capital, our tailored solutions can help propel your business forward.

Mortgage Options

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 believe that everyone deserves a chance to own their home, and we're here to assist you through every step of the process.

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. These cards provide you with the freedom to make purchases without tying up your savings.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Loan Comparisons

LendMesh takes accuracy seriously. Loan data on LendMesh is sourced 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 commitment ensures that you receive fair and transparent offers tailored to your financial needs.

Lake Trust