Richmond Light Employees
Richmond Light Employees is a credit union based in Richmond, Indiana, established in 1954, with $1 million in total assets serving 122 members. By Trust Grade it ranks 102nd of 124 credit unions we track in Indiana. Its net worth ratio of 21.5% is stronger than 82% of similarly sized credit unions, versus a Indiana median of 12.8%. It posted a loss over the most recent period (-0.61% return on assets), a point to watch. No consumer complaints against Richmond Light Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Richmond Light Employees compares to Indiana peers
How we graded Richmond Light Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (21.5% capital ratio)
- Unprofitable over the period (ROA -0.61%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Richmond Light Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Richmond Light Employees insured?
Yes. Richmond Light Employees 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.
Richmond Light Employees: frequently asked questions
Is Richmond Light Employees a good credit union?
Richmond Light Employees earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 84/100 (it has no CFPB complaints on record). Strongly capitalized (21.5% capital ratio); Unprofitable over the period (ROA -0.61%).
Is Richmond Light Employees NCUA-insured?
Yes. Richmond Light Employees 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 Richmond Light Employees?
Richmond Light Employees holds $1 million in total assets, ranking 102nd of 124 credit unions we track in Indiana. It serves 122 members.
Does Richmond Light Employees have CFPB complaints?
No CFPB complaints against Richmond Light Employees 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.
