Lake Trust Credit Union Sponsors Blockchain Competition for Leading University Student Teams at Michigan State University

Lake Trust Credit Union – a community-based financial institution serving members across Michigan – co-sponsored the Spartan Blockchain Innovation Competition 2019 in East Lansing, Michigan, on Saturday, March 30, 2019. Supported by Michigan State University’s administration, the event brought together teams from leading academic institutions to compete in a thought-provoking blockchain pitch competition.

Lake Trust announced the credit union would double the pitch contest prize from $750.00 to $1,500.00. The top award went to Smartifi, which is a prospective solution regarding the student loan crisis, presented by Michigan State students Majeed Fardin and Parker Nolan.

Spartan Blockchain is a nonprofit blockchain advisory firm and student organization dedicated to making Michigan State University a global leader in blockchain development and innovation. In the belief that large-scale blockchain system adoption will restructure the global economy, the students seek to serve Michigan State University and the surrounding area by helping students, faculty and businesses adopt blockchain technology and cryptocurrencies.

In addition to the competition, Spartan Blockchain hosted a think tank that included sponsors, students, faculty and other attendees. The think tank was followed by a community meetup that allowed students and community members to connect and collaborate on innovative blockchain projects.

The only credit union headquartered in Livingston County, Lake Trust Credit Union has more than $1.8 billion in assets and ranks fifth-largest in Michigan in number of members. With federally NCUA-insured branches located in counties across the state of
Michigan, Lake Trust is an equal opportunity lender, equal housing lender and committed to creating stronger Michigan communities. Membership is open to anyone who lives, works, worships or attends school in the state of Michigan. For more information, visit laketrust.org and follow @LakeTrustCreditUnion on Facebook and @laketrust on Twitter, Instagram and Pinterest.

The Lake Trust Foundation is a 501(c)(3) nonprofit organization dedicated to supporting local Michigan-based opportunities that address the five basic human needs: food, shelter, clothing, education and health care. The Foundation frequently contributes to 501(c)(3) organizations who align with its mission to support economic development, basic human needs fulfillment and entities offering programs for entrepreneurs. Through partnerships, outreach programs, grants, financial assistance and support for a community’s underserved people, the Foundation helps to build and sustain stronger communities. For more information, visit laketrust.org/foundation. For information on Lake Trust’s Moved By Good initiative, see laketrust.org/moved-by-good. Follow @movedbygood on Twitter, Instagram, Facebook and LinkedIn.

Lake Trust Credit Union Promotes Statewide Reach, Community and Technology at New Branch Location Grand Opening in Holland, Michigan

Lake Trust Credit Union – Michigan’s only community-based financial cooperative headquartered in Livingston County and serving members across the state – proudly announced the April 10th grand opening of its new Holland, Michigan, branch location. The new 2400-square-foot facility features a modern, inviting design and two personal video teller machines that serve as 24-hour ATMs and also provide the means to have a conversation with a Lake Trust Member Experience Associate delivering dedicated assistance from 7 a.m. to 7 p.m. weekdays and 9 a.m. to 1 p.m. Saturdays.

“We’re excited that the branch’s design reflects the outstanding Lake Trust difference in building relationships with our members, commercial businesses and the community. We know our members go out of their way in their passion to support the community, and we demonstrate that same commitment across Michigan,” said Lake Trust Credit Union President and CEO David Snodgrass.

As part of the credit union’s continuing dedication to foster community partnerships, new Holland members opening an account through May 20th can select a featured local non-profit organization focused on basic needs to receive $10, with Lake Trust donating up to a $5,000 maximum.

“When we look at Michigan’s future, we’re incredibly optimistic and driven to be our members’ favorite financial experience. Our new branch physically represents our open approach to families, individuals, businesses and community organizations. We’re always looking at areas where we can collaborate and contribute, such as working with local non-profit causes and outstanding partners like Cleary University and Howell Main Street Inc.’s Howell Rental Subsidy Program for small businesses,” added Mr. Snodgrass.

Lake Trust Credit Union has more than $1.8 billion in assets and ranks fourth-largest in Michigan in number of member accounts. With federally NCUA-insured branches located in counties across the state of Michigan, Lake Trust is committed to creating stronger Michigan communities. Membership is open to anyone who lives, works, worships or attends school in the state of Michigan. For more information, visit laketrust.org and follow @LakeTrustCreditUnion on Facebook and @laketrust on Twitter, Instagram and Pinterest.

The Lake Trust Foundation is a 501(c)(3) nonprofit organization dedicated to supporting local Michigan-based opportunities that enhance the five basic human needs: food, shelter, clothing, education and health care. The Foundation frequently contributes to 501(c)(3) organizations who align with its mission to support economic development, basic human needs fulfillment and entities offering programs for entrepreneurs. Through partnerships, outreach programs, grants, financial assistance and support for a community’s underserved people, the Foundation helps to build and sustain stronger communities. For more information, visit laketrust.org/foundation. For information on Lake Trust’s Moved By Good initiative, see laketrust.org/moved-by-good. Follow @movedbygood on Twitter, Instagram, Facebook and LinkedIn.