History was made on December 5, 2016, when CSB Bank and Lapeer County Bank & Trust Co. merged to become Lakestone Bank & Trust. Founded in 1902,
Lakestone Bank & Trust will continue its legacy of being the only community bank head-quartered in Lapeer County.
The bank's footprint has expanded to include Lapeer, St. Clair and Macomb County with 14 banking offices, a loan office in Port Huron and a Wealth Management Group and Lakestone Mortgage office in Lapeer.
The bank employs close to 180 banking professionals that are actively involved in the communities the bank serves. The services offered at Lakestone Bank & Trust not only benefit their customers directly but they also help build stronger neighborhoods and communities, which has been over a century long focus for Lakestone Bank & Trust.
How was the name Lakestone Bank & Trust selected? Bruce J. Cady, Chairman and CEO said, "There were four objectives in renaming the Bank. First, the name needed to have a regional and community focus. Second, the name needed to be legally, socially and nationally ownable. Third, the name needed to be easy to spell, pronounce and remember. Fourth, it needed to include Trust to reflect the Bank's Trust powers, which differentiate us from competitors." Lakestone is an original word that combines Lake + Stone."Both banks had over a century of history serving our communities, customers, stockholders and employees.
This provides our Bank with a strong foundation, similar to stone. Lapeer, a French phrase literally meaning "the Stone," also played a significant role. Lakes are a common link between all the counties we now serve," said Danielle Chateauvert, AVP, Marketing Director. Mike J. Burke Jr., President said,"We are excited to share the new name and logo.
The logo that way approved by our board of directors wa designed by Gina Delisi, an employee of Lakestone Bank & Trust. The logo imagery of the lake waves within a Petoskey shaped stone is a visual representation of the name Lakestone."
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