Members Advantage
Members Advantage is a credit union based in Michigan City, Indiana, established in 1962, with $135 million in total assets serving 7,776 members. By Trust Grade it ranks 107th of 124 credit unions we track in Indiana. Its net worth ratio of 9.2% trails most similarly sized credit unions (17th percentile), versus a Indiana median of 12.8%. It was profitable over the most recent period, with a 0.39% return on assets. No consumer complaints against Members Advantage appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Members Advantage compares to Indiana peers
How we graded Members Advantage
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.2% capital ratio)
- Profitable (ROA 0.39%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Members Advantage over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Members Advantage insured?
Yes. Members Advantage 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.
Members Advantage: frequently asked questions
Is Members Advantage a good credit union?
Members Advantage earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 (it has no CFPB complaints on record). Well-capitalized (9.2% capital ratio); Profitable (ROA 0.39%).
Is Members Advantage NCUA-insured?
Yes. Members Advantage 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 Members Advantage?
Members Advantage holds $135 million in total assets, ranking 107th of 124 credit unions we track in Indiana. It serves 7,776 members.
Does Members Advantage have CFPB complaints?
No CFPB complaints against Members Advantage appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
