Overview / Commentary
Members Source Credit Union is headquartered in Merrillville and is the 47th largest credit union in the state of Indiana. It is also the 1,890th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 18 employees and 6,129 members at 3 locations. Members Source Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Lake, Porter, LaPorte, or Jasper Counties in Indiana.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Members Source Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68562 |
| Year Chartered | 1935 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.4% |
| Return on Equity - YTD | -3.14% |
| Annual Interest Income | $902K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $93.8MM$93.2MM |
| Loans | Q1 2025vs Q1 2024 | $48.8MM$49.5MM |
| Deposits | Q1 2025vs Q1 2024 | $81.6MM$81.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $11.9MM$11.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $318K$291K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $255K$61K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |