Bank Branches › Closed and merged banks › Michigan › Lakestone Bank & Trust
What happened to Lakestone Bank & Trust?
Lakestone Bank & Trust in Lapeer, MI (earlier called Lapeer SVG BK and 2 other names) merged into ChoiceOne Bank of Sparta, MI on May 16, 2020. ChoiceOne Bank is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1902Lapeer SVG BK opens in Lapeer, MI
- Jan 29, 1964renamed Lapeer County B&TC
- Jun 27, 1979renamed Lapeer County Bank & Trust Co.
- Dec 5, 2016renamed Lakestone Bank & Trust
- May 16, 2020MERGEDLakestone Bank & Trust merged into ChoiceOne Bank of Sparta, MI.FDIC certificate 14913 ends; its business continues under certificate 1014.
- TodayOPEN
ChoiceOne BankMain office Sparta, MI · FDIC certificate 1014 · 48 offices in 1 state on June 30, 2026Every ChoiceOne Bank office → Website on file with the FDIC: WWW.CHOICEONE.BANK
If you still have something from Lakestone Bank & Trust
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Lakestone Bank & Trust as lienholder, start with ChoiceOne Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask ChoiceOne Bank to search for the account under the name Lakestone Bank & Trust. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask ChoiceOne Bank which branch now holds boxes from the Lakestone Bank & Trust office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
15 offices filed under this charter in some year from 1994 on. 12 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 83 W Nepessing StLapeer, MI | OpenChoiceOne Bank |
| 81111 Main StMemphis, MI | OpenChoiceOne Bank |
| 206 N Main StCapac, MI | OpenChoiceOne Bank |
| 72890 North AveArmada, MI | OpenChoiceOne Bank |
| 1875 S Cedar StImlay City, MI | OpenChoiceOne Bank |
| 637 S Main StLapeer, MI | OpenChoiceOne Bank |
| 3 N Main StYale, MI | OpenChoiceOne Bank |
| 950 W Dryden RdMetamora, MI | OpenChoiceOne Bank |
| 4515 Imlay City RdAttica, MI | OpenChoiceOne Bank |
| 30 West Burnside Road (M-24)Fostoria, MI | OpenChoiceOne Bank |
| 5508 Davison RdLapeer, MI | OpenChoiceOne Bank |
| 5515 Van Dyke RdAlmont, MI | OpenChoiceOne Bank |
| 3177 Main StEmmett, MI | No longer reported |
| 148 North Almont AvenueImlay City, MI | No longer reported |
| 305 Pine StreetLapeer, MI | No longer reported |
Banks folded into Lakestone Bank & Trust
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| CSB BankCapac, MI | Dec 3, 2016 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 14913 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.