What is a credit union?
What is a credit union?
It’s a great question. A credit union is different from a traditional bank, functioning as a cooperative that reinvests their profits into their members and the community. An initial $5 deposit can open a Membership Savings Account and give you access to all future member benefits, rates, and more.
Meet members like you.
If you ask around, there’s probably a Lake Trust member studying at your school, working at your job, or participating in your community. We have members across Michigan who might have a story like yours.
Meet Kadence.
Kadence needed a new, reliable vehicle to get to her job at a local animal shelter. She chose Lake Trust for a personalized auto loan to get back on the road.
Meet Laura.
Laura is energized every day by the creative spirit of her home in Brighton. A flexible mortgage helps her stay connected to the community she loves.
More resources. Right here.
Our financial wellbeing library is constantly updated with new resources and information. Discover the insights that can help you.
Make a budget.
Let’s check in with your paycheck. Making a solid budget is one of the best ways to find peace of mind with your finances.
get budgeting tips
Build credit. Build confidence.
You’ve heard it before — your credit score can be super important. Explore different ways to build your credit. Your future self will thank you!
start building your credit