Gary Municipal Employees
Gary Municipal Employees is a credit union based in Gary, Indiana, established in 1964, with $544 thousand in total assets serving 135 members. By Trust Grade it ranks 123rd of 124 credit unions we track in Indiana. Its net worth ratio of 39.8% is stronger than 98% of similarly sized credit unions, versus a Indiana median of 12.8%. It posted a loss over the most recent period (-3.05% return on assets), a point to watch. No consumer complaints against Gary Municipal Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Gary Municipal Employees compares to Indiana peers
How we graded Gary Municipal Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (39.8% capital ratio)
- Unprofitable over the period (ROA -3.05%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Gary Municipal Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Gary Municipal Employees insured?
Yes. Gary Municipal Employees is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Gary Municipal Employees: frequently asked questions
Is Gary Municipal Employees a good credit union?
Gary Municipal Employees earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Strongly capitalized (39.8% capital ratio); Unprofitable over the period (ROA -3.05%).
Is Gary Municipal Employees NCUA-insured?
Yes. Gary Municipal Employees is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Gary Municipal Employees?
Gary Municipal Employees holds $1 million in total assets, ranking 123rd of 124 credit unions we track in Indiana. It serves 135 members.
Does Gary Municipal Employees have CFPB complaints?
No CFPB complaints against Gary Municipal Employees appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
