Indiana Lakes Federal Credit Union

What Indiana Lakes Federal Credit Union does

Indiana Lakes Federal Credit Union is a member-owned, not-for-profit financial cooperative founded in 1977 and headquartered in Warsaw, United States. The institution provides personal banking services to its membership, with an emphasis on personal finance and member security as its stated mission. As a federally regulated credit union, it operates under the NCUA framework and serves a defined field of membership rather than the general public, typical of community-based cooperative financial institutions of its size.

The credit union's product surface centers on deposit and consumer banking services; detailed product line disclosure is limited. In Q3 2025, Indiana Lakes FCU entered a service partnership with myCUmortgage — a Credit Union Service Organization (CUSO) owned by Wright-Patt Credit Union — as one of eight new credit union partnerships announced that quarter. The arrangement extends conventional and government lending, loan origination, and member loan servicing capabilities to Indiana Lakes FCU's members, indicating a buildout of mortgage and lending product offerings through an external CUSO rather than in-house origination. With 11-50 employees and an estimated member base well below the 199,000-member aggregate served by the eight myCUmortgage partner credit unions, the institution is small relative to peers.

The credit union's public digital presence is constrained: its primary domain (ilfcu.com) is currently listed for sale by domain marketplace Above.com, with no active banking site content surfaced in the source material. No funding rounds, M&A activity, leadership disclosures, patent holdings, awards, or technology stack details were reported in the available data. Revenue, asset size, member count specific to Indiana Lakes FCU, and pricing structures are not disclosed, which limits visibility into the underlying financial profile of the institution.

Name

Indiana Lakes Federal Credit Union

Legal name

Indiana Lakes Federal Credit Union

Website

https://ilfcu.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

1–10 employees

Short description

Indiana Lakes Federal Credit Union is a member-owned, not-for-profit cooperative founded in 1977 in Warsaw, United States, providing personal banking services. In Q3 2025 it partnered with myCUmortgage to extend conventional and government lending, loan origination, and loan servicing to its members.

Ownership category

akta.pro rank

Product category

Credit Union Banking

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221)

SIC

Savings Institution, Federally Chartered (6035), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Credit union services
• Personal banking
• Consumer lending
• Mortgage lending
• Savings accounts

Headquarters

HQ city

Warsaw

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Indiana Lakes Federal Credit Union is a member-owned cooperative financial institution that has delivered banking and personal finance services since 1977. Through a Q3 2025 partnership with myCUmortgage (a Credit Union Service Organization owned by Wright-Patt Credit Union), it extends conventional and government mortgage lending, loan origination, and member loan servicing to its member base.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal banking and savings accounts
• Mortgage and consumer lending (via myCUmortgage partnership)

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• myCUmortgagecoreTechnology or Integration · 7 October 2025myCUmortgage, a Credit Union Service Organization (CUSO) owned by Wright-Patt Credit Union, partnered with Indiana Lakes Federal Credit Union as part of eight new credit union partnerships announced in Q3 2025. The partnership provides conventional and government lending, loan origination, and member loan servicing services to the credit union.

Scale indicators1 record

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• Wright-Patt Credit Union: Wright-Patt Credit Union is the parent of myCUmortgage (the CUSO that partnered with Indiana Lakes FCU in Q3 2025). It is a large federal credit union based in Ohio offering consumer, mortgage, and business banking, making it directly comparable as a federally chartered member-owned cooperative with overlapping lending and deposit services.

Direct peers

• Beacon Credit Union: Beacon Credit Union is an Indiana-based community credit union serving northwest and central Indiana with consumer lending, deposits, and mortgage services. It is one of the most directly comparable peers, offering similar products to a similar member demographic in overlapping Indiana geographies.
• Interra Credit Union: Interra Credit Union is a member-owned cooperative financial institution headquartered in northern Indiana, offering consumer loans, mortgages, and deposit products. It is comparable to Indiana Lakes FCU as a similarly positioned Indiana-based community credit union competing for the same regional membership base.
• Three Rivers Federal Credit Union: Three Rivers Federal Credit Union is a federally chartered community credit union serving northeast Indiana, including the Fort Wayne area. It is comparable to Indiana Lakes FCU in charter type, geographic focus, and product mix (deposits, consumer loans, mortgages).
• Purdue Federal Credit Union: Purdue Federal Credit Union is an Indiana-based community credit union offering consumer, mortgage, and business banking. It is a comparable peer operating in adjacent Indiana geographies with a similar member-owned cooperative model and product suite.
• FORUM Credit Union: FORUM Credit Union is an Indiana-based community credit union serving the Indianapolis metro area with a full suite of consumer, mortgage, and business products. It is comparable to Indiana Lakes FCU as a fellow Indiana-chartered cooperative serving retail and consumer banking needs.
• Elements Financial Credit Union: Elements Financial Credit Union is an Indiana-based community credit union serving Indianapolis and central Indiana with deposits, consumer loans, and mortgage services. It is a comparable peer in terms of charter type, geographic anchoring, and product breadth.
• Community First Credit Union of Indiana: Community First Credit Union of Indiana is a member-owned cooperative serving northeast Indiana with consumer and mortgage lending. It is comparable to Indiana Lakes FCU as a community credit union operating in the same Indiana region with overlapping retail banking products.
• Utilities District Credit Union: Utilities District Credit Union is a small Indiana-based community credit union with a narrow occupational/affinity field of membership. It is comparable to Indiana Lakes FCU as a similarly sized, locally focused cooperative credit union with a constrained membership base.

Regional players

• Indiana University Credit Union: Indiana University Credit Union is a community-chartered credit union serving the Bloomington and broader Indiana market. It is comparable as a member-owned cooperative with a defined community field of membership and similar consumer banking offerings.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/alexander-city-branch

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indiana Lakes Federal Credit Union