The Huron River Area Credit Union was taken over by the Detroit Edison Credit Union in 2007 after sustaining losses in its Florida real estate investments. DECU subsequently merged to form Lake Trust Credit Union.
In the news
- Report: State and industry regulators at fault in Huron River Area Credit Union downfall, Ann Arbor Business Review, December 2008
- Material Loss Review of Huron River Area Credit Union (PDF), National Credit Union Assocation Report #OIG-08-10