Lakes Federal Credit Union

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A short history of Lakes FCU

Since its inception in 1956 the Lakes Federal Credit Union has been serving its members in the MONTICELLO, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Alicia Pifer, the Lakes FCU has grown its membership to over 3,412 with assets of more than $19,482,157. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (574) 583-5556 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MONTICELLO, IN.

General Information For Lakes FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 10772
Address 106 RICKEY RD 
City MONTICELLO 
State Indiana 
Zip-Code 47960
Phone Number (574) 583-5556
Fax Number (574) 583-9056
Email Address: none
CEO/President Alicia Pifer
Members 3,412 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,482,157 
Website http://www.lakesfcu.com 

Compare Lakes Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Diversified General CU Diversified General FCU 631 E BROADWAY 46947 (574) 753-3547 No 19.66
Purdue CU Purdue Federal Credit Union - Ivy Tech Branch 3101 S Creasy Ln 47905 (765) 497-8899 No 24.07
Tippecanoe CU tippecanoe federal credit union 3450 south st 47903 (765) 448-1158 No 25.73
Industrial CU Frankfort 1855 W State Road 28 46041 (765) 771-8000 No 26.61

Lakes Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Lakes Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.42 4.99 5.27 8.60
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 199 323 299 494
Rank Among All Indiana Credit Unions N/A 41 58 54 63

Lakes Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.10 0.73
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 332 194
Rank Among All Indiana Credit Unions N/A 26 N/A 60 28
Lakes Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.350226700,357
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.42052884,785
Used Vehicle Loans 4.9904084,433,366
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.270241,943,892
Total Other Real Estate Loans/Lines of Credit 8.600549,613
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.6001230,060
TOTAL LOANS & LEASES 7278,042,073

Lakes Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 171,809,31000
    b. 15 Years or less 7134,58200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 549,61300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 291,993,50500

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Lakes Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes