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Posted on Thu, Mar 21, 2013 : 1 p.m.

Lake Trust Credit Union plans move to new $30 million headquarters in Brighton

By Ben Freed

Lake Trust Credit Union will be moving its headquarters to a new $30 million building in Brighton, according to a report from MLive.

The Lansing-based company plans to purchase a 17-acre site near the intersection of U.S. 23 and Interstate 96 in Livingston County.

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After Lansing’s NuUnion Credit Union and Plymouth’s Detroit Edison Credit Union merged in 2010, the company’s corporate offices were split between Lansing and Plymouth. The new headquarters will draw corporate employees from both offices, and a press release from the company said an additional $10 million will be invested to modernize the two existing locations.

“Locating our new headquarters in Brighton means Lake Trust is uniting our workforce in new corporate space at a more central location within a reasonable commute for most of our current employees,” president and CEO David Snodgrass said in a statement. “Brighton and nearby Ann Arbor are vibrant growing communities, and this location simply makes the most business sense for our organization.”

Lake Trust Credit union has five branches in Washtenaw County, including a recently completed location that opened in late February on West Stadium Boulevard.

The new headquarters will be located just north of I-96:


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Ben Freed covers business for AnnArbor.com. You can sign up here to receive Business Review updates every week. Reach out to Ben at 734-623-2528 or email him at benfreed@annarbor.com. Follow him on twitter @BFreedinA2

Comments

Heady99

Fri, Mar 22, 2013 : 12:44 p.m.

I love Lake Trust - everyone is so nice and they do such a great job and Chelsea's branch just rocks - some of the sweetest ladies I've ever met!!

PattyinYpsi

Thu, Mar 21, 2013 : 5:47 p.m.

As an extremely satisfied Lake Trust customer, I was happiest to read part of the MLive story that didn't make it to the AA.com story--that Lake Trust will continue to expand its presence in this part of the world. How about an Ypsilanti branch, guys? For those of you still banking with banksters, Lake Trust offers a fabulous local alternative. The interest they pay on checking account balances is impressive, and their service is fantastic. Why would you bank at Chase or Wells Fargo or BofA and pay checking account fees when you could support a local institution and earn more interest than most banksters offer on CDs???