Lakes, based in Monticello, IN, is a Micro (Under $50M) credit union serving 3K members with $26M in total assets.
The numbers speak for themselves - with a net worth ratio of 15.4% and a return on assets of 2.07%, Lakes is delivering where it counts. Add in delinquency of just 0.09%, loan-to-share ratio of 72.2%, net interest margin of 4.50%, efficiency ratio of 61.9%, charge-off rate of just 0.13%, and you have a credit union performing well above its peer group.
Exceptionally well-capitalized with a net worth ratio of 15.