Lakes
Lakes is a credit union based in Monticello, Indiana, established in 1956, with $28 million in total assets serving 3,014 members. By Trust Grade it ranks 57th of 124 credit unions we track in Indiana. Its net worth ratio of 15.0% is stronger than 55% of similarly sized credit unions, versus a Indiana median of 12.8%. It was profitable over the most recent period, with a 0.50% return on assets. No consumer complaints against Lakes appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lakes compares to Indiana peers
How we graded Lakes
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.0% capital ratio)
- Profitable (ROA 0.50%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lakes over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Lakes insured?
Yes. 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.
Lakes: frequently asked questions
Is Lakes a good credit union?
Lakes earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (15.0% capital ratio); Profitable (ROA 0.50%).
Is Lakes NCUA-insured?
Yes. 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 Lakes?
Lakes holds $28 million in total assets, ranking 57th of 124 credit unions we track in Indiana. It serves 3,014 members.
Does Lakes have CFPB complaints?
No CFPB complaints against Lakes 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.
