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

Introduction

Welcome to Lake Trust in Warren, where we pride ourselves on being more than just a financial institution. Established in 1944, our credit union has been a trusted partner for 178,606 members, offering personalized banking solutions tailored to meet your unique needs. Located at 25397 Schoenherr Rd, Warren, MI 48089, we provide a welcoming atmosphere where you can feel confident about your financial journey. At Lake Trust, our commitment to the community is reflected in our robust financial standing, with total assets exceeding $2.6 billion and total deposits reaching $165,763,797. We understand the importance of financial security; that's why we maintain a net worth of $285,804,845, ensuring that your money is safe and sound with us. Our dedicated team of 477 employees, led by CEO David Snodgrass and Board President Michael Solo, works tirelessly to support you with a variety of services from personal banking and auto loans to mortgage financing and business banking solutions. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 25397 Schoenherr Rd, Warren, MI 48089-1595. Whether you're looking to open an account or explore loan options, we invite you to reach out at 888-267-7200 or visit our website at Lake Trust for more information. Join us at Lake Trust today, where we're dedicated to helping you achieve your financial goals while making a positive impact in our community!

Branch History & Mission

Join Us!

We invite you to experience the Lake Trust difference firsthand. Whether you're looking for personal banking options or seeking support for your business endeavors, our team is here to help you navigate your financial journey. Join us today and become part of a community-focused credit union that puts you first! For inquiries or assistance, feel free to reach out at 888-267-7200. Discover how Lake Trust can help you achieve your financial goals by visiting our website.

Mission Statement

At Lake Trust, we believe in more than just banking; we believe in building relationships. Our mission is simple yet profound: to provide exceptional financial services while actively supporting the community around us. We strive to be more than just a financial partner; we aim to be a trusted ally in your journey towards financial well-being. We engage in various community outreach initiatives aimed at uplifting those in need and fostering a sense of belonging among residents. Whether through financial literacy programs or partnerships with local organizations, we're committed to making a positive impact. While you can visit us at 25397 Schoenherr Rd, official correspondence should be sent to 25397 Schoenherr Rd, Warren, MI 48089-1595 if it differs from your visit.

Our Journey

The journey of Lake Trust began with a commitment to provide reliable financial services tailored to the needs of our community. Since opening our doors nearly eight decades ago, we've continually adapted to meet changing needs while preserving our core values. From expanding our services to include personal banking, auto loans, mortgages, and business banking, every step has been taken with our members' best interests at heart. As technology has evolved, so have we. Today, we offer online and mobile banking solutions that allow members to manage their finances conveniently and securely. We also ensure accessibility for all by maintaining ADA compliance across our services. Our drive-thru service and ATM availability cater to those who prefer face-to-face interactions or quick transactions.

Branch Location & Accessibility

Accessibility Features

At Lake Trust, we understand the importance of accessibility for all our members. Our branch is ADA compliant, featuring ramps and ample parking to ensure everyone can access our services without hassle. Whether you're visiting us for personal banking or any other financial needs, you'll find that we've made every effort to make your visit comfortable and welcoming.

Connect With Us

Whether you're stopping by for a quick transaction or exploring new banking options, we encourage you to visit us or call at 888-267-7200. Our team is ready and eager to help you achieve your financial goals. Come experience the Lake Trust difference today!

Operating Hours

We're excited to welcome you during our operating hours: 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. If you need assistance outside of these hours, our drive-thru service offers extended availability from 7 AM to 7 PM on weekdays and until 1 PM on Saturdays. Plus, enjoy access to our ATM that operates 24/7 for your convenience.

Services Offered

At Lake Trust in Warren, we offer a variety of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, we have solutions for everyone. Our friendly staff is here to assist you with deposits, withdrawals, and simple transactions through our drive-thru banking option as well.

Member Eligibility

At Lake Trust, we believe that everyone deserves a supportive community to help them thrive. Becoming a member is not just about opening an account; it's about joining a family that cares about your financial well-being. If you're wondering whether you can become part of our community, let us assure you that our eligibility criteria are designed to be inclusive and welcoming. Generally, anyone who lives, works, or worships in the communities we serve is eligible to join us. We also extend membership to family members of current members, making it easy for you to share the benefits of being part of Lake Trust with your loved ones. Joining is simple and rewarding! By becoming a member at Lake Trust, you unlock access to personalized banking services tailored to meet your needs, from checking and savings accounts to loans and credit cards with great rewards. If you're ready to take the next step, visit our website for more details on eligibility at https://laketrust.org/personal/banking/become-a-member?hslang=en. When you're set to open an account, check out the straightforward process at https://laketrust.org/apply-for-a-loan?hslang=en or give us a call at (888) 267-7200 we're here to help! Our branch is located at 25397 Schoenherr Rd Warren Mi 48089, and we look forward to welcoming you into our vibrant community soon!

Business Banking & Commercial Services

Merchant Services That Work

Imagine having a payment processing solution that fits your business needs perfectly. Our merchant services allow you to accept payments seamlessly, whether in-store or online. This means you can focus more on serving your customers while we handle the transactions securely. Located at 25397 Schoenherr Rd Warren Mi 48089 in Warren, MI, we're here to help your business thrive. For more information about how we can assist you, give us a call at (888) 267-7200 or visit our website at Lake Trust.

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

Business Banking Support

We also cater to small businesses with our comprehensive business banking services, including merchant services and business loans. If you're an entrepreneur looking to expand or start your business, we offer the financial tools needed to succeed.

Convenient Access

Accessing your accounts has never been easier! With our ATM services available 24/7 for cash withdrawals and balance checks, you can manage your money whenever you need it. Our drive-thru service simplifies transactions like deposits and withdrawals while allowing you to stay in your car for added convenience.

Join Us Today!

At Lake Trust, we're not just about transactions; we're about building relationships with our members. We invite you to visit us at 25397 Schoenherr Rd Warren Mi 48089 or call us at (888) 267-7200 for more information on how we can assist you in achieving your financial goals. To learn more about becoming a member or opening an account, check out our website at Warren. Your journey towards better financial health starts here!

Loans Made Easy

If you're considering purchasing a new car or refinancing your home, our auto loans and vehicle financing options are designed to make your experience smooth and straightforward. We provide competitive rates that can fit any budget. Similarly, our mortgage loans and refinancing services will guide you through the process of buying or refinancing your dream home. For those unexpected expenses or plans you've been saving for, our personal loans and debt consolidation options allow you to consolidate existing debts into one manageable payment. Plus, if you're looking for flexibility in spending, our credit cards come with rewards that give back with every purchase.

Personal Banking Solutions

When it comes to personal banking, we understand that everyone has unique needs. That's why we offer checking and savings accounts tailored for various lifestyles. Imagine having access to your money anytime through our convenient online and mobile banking platforms. You can check balances, transfer funds, or pay bills from the comfort of your home or on the go.

Digital & Online Banking

Convenient Online Services

With our 24/7 online banking services, you can check balances, transfer funds, and pay bills without having to step into a branch. We make it simple for you to manage your money in real-time. Plus, if you prefer to go paperless, our e-statements are readily available, allowing you to view your statements securely online whenever you need them.

Mobile Banking Made Easy

Stay connected with our user-friendly mobile application. Download it today to enjoy features like mobile payments, letting you pay for purchases directly from your smartphone. You can also make person-to-person transfers quickly and easily perfect for splitting bills or sending money to friends and family.

Security You Can Trust

Your security is a top priority at Lake Trust. While we currently do not offer electronic signature authorization, rest assured that all of our online and mobile services are designed with strong security measures in place. This ensures your information stays safe while you manage your finances from the comfort of your home or on the go. In summary, whether you're looking to bank online or through our mobile app, Lake Trust provides accessible and easy-to-use services that fit into your life seamlessly. Join us today and experience how effortless banking can be!

Financial Strength

Committed Team

We take pride in having 474 full-time employees and 3 part-time employees. Our dedicated team is always ready to assist you with personalized service that makes banking easier.

Growing Membership Base

Total Share Accounts stand at 347,904, showing a strong and growing member base that trusts us with their finances. This growth not only reflects confidence but also enhances our ability to serve you better. 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 25397 Schoenherr Rd Warren Mi 48089 or call (888) 267-7200 to learn more about how we can help you achieve your financial goals.

Lending Capacity

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. This variety allows us to meet diverse needs while maintaining a robust portfolio.

Member-Focused Banking

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. We believe that your trust deserves to be rewarded.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members.

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. This focus on growth ensures that we are always improving our services for you.

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. This means that when you save with us, you're not only securing your funds but also benefiting from our strong financial position.

Solid Foundations

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.

Loan Offering

Additional Information

If you're interested in exploring any of these options further or have questions about eligibility requirements for our loan products, feel free to contact us at 888-267-7200 or visit us at our branch located at 25397 Schoenherr Rd., Warren, MI 48089. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. We're committed to providing personalized service that meets your individual needs. Let us help you take the next step towards achieving your financial goals!

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 financing options for both new and used vehicles, making it easier for you to drive away with confidence.

Business Financing

For business owners, our outstanding commercial loans totaling $383,124,035 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to expand an existing one, our team is here to assist you every step of the way.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $51,534,254, which make buying or refinancing simple. We also offer competitive rates and terms tailored to fit your situation. If you're considering refinancing your existing mortgage, we can help with that too!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. 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 come with rewards and benefits designed to enhance your purchasing power.

Loan Aggregator

Benefits of Using LendMesh

- 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 quickly. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how effective and user-friendly the platform is. 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.*

How LendMesh Ensures Accurate Comparisons

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 to accuracy means that users receive fair and transparent offers, allowing them to make informed decisions.

Lake Trust