Federal credit union · Warsaw, Indiana · NCUA charter #22704
Indiana Lakes
Health score 78/100 (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 78
- Health / 100
- $27.5M
- Total assets
- 1,749
- Members
- 10.5%
- Net-worth ratio
Indiana Lakes - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #22704 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Indiana Lakes - Five Health Pillars
The five bars below are this credit union's pillar-level 0-100 sub-scores. Sum the weighted pillars and you get the headline health score above - same NCUA 5300 data, no normalisation tricks applied.
- Capital (net worth ratio)100
- Asset quality (delinquency)93
- Earnings (ROA)40
- Member growth44
- Liquidity (loan-to-share)79
Weighted composite: 78/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 10.46%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 10.46% | 30% |
| Delinquency Rate | 0.68% | 25% |
| Return on Assets | 0.03% | 15% |
| Member Growth | -1.30% | 15% |
| Loan-to-Share Ratio | 55.70% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $27.5M | 1,749 |
| 2024Q4 | $26.2M | 1,772 |
| 2023Q4 | $25.9M | 1,783 |
Credit Union Details
- Charter Number
- 22704
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $10M–$50M
- State
- Indiana
- City
- Warsaw
- Data Quarter
- 2025Q4
What This Data Says About Indiana Lakes
1,749 members and $27.5M in total assets sit behind Indiana Lakes, a federal credit union in Warsaw, Indiana, which posts a health score of 78/100 (Very Good) on the five-factor composite, with $13.5M in outstanding loans as of Q4 2025 and a net worth ratio of 10.46% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. The credit union operates under charter #22704 in peer group $10M–$50M, a cohort of 1163 similarly-sized institutions.
Two more numbers round out the picture: a 0.68% delinquency rate (loans 60+ days past due against the total book) - the peer group average for $10M–$50M credit unions sits at 1.145%, so this institution is running tighter than peers - and a 55.70% loan-to-share ratio, below the 60% band that typically signals under-deployed capital. Return on assets stands at 0.03% on net income of $9K for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by -1.30%. The quarterly NCUA 5300 Call Report is the source for everything above, current through 2025Q4. Field of membership (currently: Community) decides eligibility to join. NCUSIF deposit-insurance coverage and usage guidance for this data live on our disclaimer page.
Nearby Credit Unions in Indiana
More federally-insured credit unions based in Indiana, ordered by peer group match and asset size.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Indiana Lakes financially healthy?
Yes/no aside, the number is 78/100 (Very Good) - Indiana Lakes's financial health score from the NCUA 5300 Call Report, Q4 2025. Above 80 reads excellent, below 50 warrants closer monitoring; a 10.46% net worth ratio and 0.68% delinquency rate are the key drivers.
How does Indiana Lakes compare to other credit unions?
78/100 is Indiana Lakes's score on PlainCU's health composite, compared to a peer group average for $10M–$50M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Indiana Lakes?
Indiana Lakes operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Indiana Lakes directly for the exact boundaries and application steps.
Is my money safe at Indiana Lakes?
Federal credit unions like Indiana Lakes are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Indiana Lakes's net worth ratio of 10.46% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Indiana Lakes offer compared to banks?
Credit unions like Indiana Lakes are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Indiana Lakes directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.