INDIANA LAKES Credit Union Profile

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INDIANA LAKES

Charter #22704 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (574) 267-7497

Fax: (574) 269-9509

Founding Date: N/A

Website: http://www.ilfcu.org

Personnel & Operations

President: Robinaugh, Bruce

Manager: Bales, Jamie

FT Employees: 5

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: Monday -Thursday: 9:00am to 5:00pm Friday:

Credit Union Profile Summary

INDIANA LAKES is a FCU Credit Union. With a total of 1,746 members [1], this institution manages approximately $26,680,634 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.74% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.63% [1].

Financial Snapshot

Total Assets [1]
$26,680,634

Total economic resources.

Total Loans [1]
$12,827,431

Total value of outstanding loans.

Total Deposits [1]
$23,693,741

Total funds deposited by members.

Members [1]
1,746

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.74%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.72%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
54.14%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
5.09%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-3.63%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-1.08%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

322 S Detroit St

Warsaw, IN, 46580-4401

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by INDIANA LAKES (Charter #22704).

Main Office

322 South Detroit Street Main Office

Type: Corporate Office

322 S Detroit St

Warsaw, IN 46580-4401

Phone: (574) 267-7497

Services: Member Services, ATM, Drive-Thru

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