Lake Trust Credit Union Proves Great Value for Consumers Participating in “Bank Transfer Day”, Sat. Nov. 5

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Lake Trust Credit Union is encouraging customers at any traditional bank to take part in a nationwide “Bank Transfer Day” on Saturday November 5th, 2011. Bank Transfer Day is a call to unhappy consumers to take action and close their account with a large bank, and move their money to smaller financial institutions with fewer fees, such as local credit unions.

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“We see Bank Transfer Day as a great opportunity for those that may be unhappy with their current financial institution to move their money to a community-based credit union, such as Lake Trust Credit Union,”

Lake Trust Credit Union is encouraging customers at any traditional bank to take part in a nationwide “Bank Transfer Day” on Saturday November 5th, 2011. Bank Transfer Day is a call to unhappy consumers to take action and close their account with a large bank, and move their money to smaller financial institutions with fewer fees, such as local credit unions.

“We see Bank Transfer Day as a great opportunity for those that may be unhappy with their current financial institution to move their money to a community-based credit union, such as Lake Trust Credit Union,” said Danielle Brehmer, Lake Trust VP of Marketing. “Credit Unions exist to serve our members and we take pride in getting to know them one on one, learning all about them, and making it our goal to offer the best products and services to fit their needs. At Lake Trust, we pride ourselves in serving our members and the communities that they live in.”

Brehmer is excited about the opportunities that nationwide Bank Transfer Day will bring to consumers. Due to many recent changes in legislation, financial institutions with assets of $10 billion or more are increasing debit card fees. And although this Amendment is in effect as of October 1, 2011 and will be effecting those larger financial institutions, Lake Trust Credit Union has made no changes for its Checking Accounts and Debit Card Interchange Income.

Bank Transfer Day currently has over 33,000 followers on Facebook who plan to participate on November 5th. Visit laketrust.org to learn more about how to open a free checking account, and start saving at your local credit union today.

Lake Trust Credit Union is a forward-thinking and growing credit union built upon more than 65 years of commitment to members, community, and service. A $1.5 billion financial institution serving over 155,000 members, we stretch from Lake Michigan to Lake Erie and Lake Huron with branches in more than 20 communities throughout the state. As a community-based credit union, the strength of our organization is enhanced by the strength of our community. And we believe in supporting organizations and activities devoted to improving our members' communities and their quality of life.

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Blake Woods
Lake Trust Credit Union
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