Lake Trust Credit Union
 |
|
| Type | Credit union |
|---|---|
| Industry | Financial services |
| Headquarters | Lansing, Michigan, USA |
| Key people | David Snodgrass, President Chief Executive Officer [1] |
| Products | Savings; checking; consumer loans; mortgages; credit cards; investments; online banking |
| Total assets | $1.5 billion USD[2] |
| Website | laketrust.org |
Lake Trust Credit Union is a community-based credit union headquartered in Lansing, Michigan. Lake Trust has 21 branch locations and two administrative offices throughout Michigan. It is a not-for-profit financial cooperative owned by members of the credit union. The organization is governed and supervised by an 18 member board of directors. Lake Trust is the fourth largest credit union in Michigan based on asset size.
History[edit]
Detroit Edison Credit Union was chartered in 1944. In November 2007 Detroit Edison Credit Union completed the purchase and assumption of Huron River Area Credit Union. Lake Trust uses 1944 as their charter date[3]
In 2004 State Employees Credit Union and Ottawa County School Employees Credit Union merged. The Credit Union retained the name State Employees Credit Union.
NuUnion Credit Union was the result of a name change in 2005 from the name State Employees Credit Union.
On April 1, 2010 NuUnion Credit Union and Detroit Edison Credit Union merged to form Lake Trust Credit Union.[4]
Membership[edit]
Anyone who lives, works, attends school, or worships within one of these counties is eligible: Allegan, Barry, Calhoun, Clare, Clinton, Eaton, Genesee, Gladwin, Gratiot, Hillsdale, Ingham, Ionia, Isabella, Jackson, Kalamazoo, Kent, Lenawee, Livingston, Macomb, Mecosta, Midland, Missaukee, Monroe, Montcalm, Muskegon, Oakland, Osceola, Ottawa, Roscommon, Saginaw, Shiawassee, St. Clair, VanBuren, Washtenaw, or Wayne.
Leadership[edit]
| Title | First Name | Last Name |
|---|---|---|
| Board Member | Rick | Laber |
| Board Member | Lawrence | Lehman |
| Board secretary | James | Barnes |
| Board Member | Kimberley | Bishop |
| Board Vice Chairman | James | Bonner |
| Board Member | Phillip | Czech |
| Board Member | Robert | Peplowski |
| Board Member | Bernice | Sullivan |
| Board Member | Dennis | Tochman |
| Board Member | Freda | Velzen |
| Board Chairman | Shane | Lovellette |
| Board Treasurer | Raymond | Seidl |
| President & CEO | David | Snodgrass |
References[edit]
- ^ "Our Management Team". Retrieved April 11, 2011."Our Story". Retrieved April 11, 2011.
- ^ "Our Story". Retrieved April 11, 2011.
- ^ "Credit Union Online". Retrieved May 7, 2011.
- ^ "NuUnion Credit Union to merge with Detroit Edison Credit Union". Retrieved April 12, 2011.
- ^ "Credit Union Online". Retrieved May 8, 2011.
External links[edit]
  |
This bank and insurance-related article is a stub. You can help Wikipedia by expanding it. |
