Latvian
Latvian is a credit union based in Melville, New York, established in 1967, with $2 million in total assets serving 86 members. By Trust Grade it ranks 37th of 267 credit unions we track in New York. Its net worth ratio of 23.8% is stronger than 87% of similarly sized credit unions, versus a New York median of 12%. It was profitable over the most recent period, with a 1.88% return on assets. No consumer complaints against Latvian appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Latvian compares to New York peers
How we graded Latvian
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (23.8% capital ratio)
- Strongly profitable (ROA 1.88%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Latvian over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Latvian insured?
Yes. Latvian 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.
Latvian: frequently asked questions
Is Latvian a good credit union?
Latvian earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (23.8% capital ratio); Strongly profitable (ROA 1.88%).
Is Latvian NCUA-insured?
Yes. Latvian 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 Latvian?
Latvian holds $2 million in total assets, ranking 37th of 267 credit unions we track in New York. It serves 86 members.
Does Latvian have CFPB complaints?
No CFPB complaints against Latvian 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.
