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Lake Trust Credit Union is a member-owned financial institution headquartered in Brighton, Michigan, with over 20 branch locations serving nearly 200,000 members across the state. As a federally insured credit union with $2.59 billion in assets, Lake Trust provides banking and financial services to individuals, families, and businesses throughout Michigan.
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SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of June 30, 2025
Median
$162K
Average
$162K
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
