Lake Trust Credit Union

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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]
Lake Trust Ann Arbor branch office

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.


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]


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.


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



  1. ^ "Our Management Team". Retrieved April 11, 2011. "Our Story". Retrieved April 11, 2011. 
  2. ^ "Our Story". Retrieved April 11, 2011. 
  3. ^ "Credit Union Online". Retrieved May 7, 2011. 
  4. ^ "NuUnion Credit Union to merge with Detroit Edison Credit Union". Retrieved April 12, 2011. 
  5. ^ "Credit Union Online". Retrieved May 8, 2011. 

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