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credit union

Great Lakes

Bannockburn, IL · Est. 1938
B
Trust Grade
Strong
Score: 81/100

Great Lakes is a credit union based in Bannockburn, Illinois, established in 1938, with $1.4 billion in total assets serving 100,458 members. By Trust Grade it ranks 159th of 188 credit unions we track in Illinois. Its net worth ratio of 8.9% trails most similarly sized credit unions (11th percentile), versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 0.27% return on assets. No consumer complaints against Great Lakes appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.4B
$1B–10B institution
Members
100,458
Shares & deposits
Net worth ratio
8.9%
Bottom 11% of $1B–10B peers · Illinois median 13.7%
Return on assets
0.3%
Bottom 13% of $1B–10B peers · Illinois median 0.62%
Rank in Illinois
#159
of 188 credit unions

How Great Lakes compares to Illinois peers

Net worth ratio
Bottom 11% of $1B–10B peers
Great Lakes
8.9%
Illinois median
13.7%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 13% of $1B–10B peers
Great Lakes
0.3%
Illinois median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Great Lakes

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
81/100
Customer experience
n/a
Overall
B · 81
  • Well-capitalized (8.9% capital ratio)
  • Profitable (ROA 0.27%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Great Lakes over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Great Lakes insured?

Yes. Great Lakes is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Great Lakes: frequently asked questions

Is Great Lakes a good credit union?

Great Lakes earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Profitable (ROA 0.27%).

Is Great Lakes NCUA-insured?

Yes. Great Lakes is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Great Lakes?

Great Lakes holds $1.4 billion in total assets, ranking 159th of 188 credit unions we track in Illinois. It serves 100,458 members.

Does Great Lakes have CFPB complaints?

No CFPB complaints against Great Lakes appear in our data over the analysis window, which is typical for a credit union of this size.

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Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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