Lake Trust
Lake Trust is a credit union based in Brighton, Michigan, established in 1944, with $2.9 billion in total assets serving 180,917 members. By Trust Grade it ranks 119th of 170 credit unions we track in Michigan. Its net worth ratio of 10.7% trails most similarly sized credit unions (48th percentile), versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.54% return on assets. No consumer complaints against Lake Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lake Trust compares to Michigan peers
How we graded Lake Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.7% capital ratio)
- Profitable (ROA 0.54%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Lake Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Lake Trust insured?
Yes. Lake Trust is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Lake Trust: frequently asked questions
Is Lake Trust a good credit union?
Lake Trust earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (10.7% capital ratio); Profitable (ROA 0.54%).
Is Lake Trust NCUA-insured?
Yes. Lake Trust is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Lake Trust?
Lake Trust holds $2.9 billion in total assets, ranking 119th of 170 credit unions we track in Michigan. It serves 180,917 members.
Does Lake Trust have CFPB complaints?
No CFPB complaints against Lake Trust appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
