Lakes Credit Union

About Lakes Credit Union

Lakes Credit Union Location

106 Rickey Road
Monticello, IN 47960

Phone: (574) 583-5556
Website: www.lakesfcu.com
Routing/Transit Number: Not Available

Lakes Credit Union Information

Lakes Credit Union of Monticello, IN is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 4532 members and assets of $16,032,698, as compared to the national average of $93 million dollars of assets per credit union. Lakes Credit Union, first opened in 1956 and has been in operation since then. Additionally, Lakes Credit Union has 5 full time employees and 1 part time employees, or 755.333333333 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Lakes Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Lakes Credit Union is a not-for-profit, cooperative, tax-exempt organization.