Updated as of | Merger Completion Tracker: 50%

Merger Update Prepare for Conversion

Credit Union 1 is committed to making your merger transition as smooth and seamless as possible. As part of the merger, a conversion and consolidation of our core processing systems will occur. The core processing systems of Indiana Lakes Federal Credit Union and Credit Union 1 will be consolidated and converted on October 31, 2026. Prior to that date, Credit Union 1 will continue to update this landing page with the most relevant information for the conversion process. Please bookmark this landing page to stay up to date on how this merger will affect your membership and access to your accounts.

Account Management Until Conversion
Make a Loan Payment
Verify Your Contact Information
Branch Locations
Frequently Asked Questions
Benefits of CU1 Membership

Account Management Until Conversion

Accessing Your Current Accounts & Digital Banking

All accounts opened before the legal merger date of June 30, 2026, will continue to be serviced through Indiana Lakes FCU’s current system until the core conversion on October 31, 2026. There are no changes to how you access or manage your accounts during this time. You will continue using Indiana Lakes FCU’s existing digital banking platform as you do today.

You can continue to make deposits or withdrawals, schedule or send payments, request stop payments, submit disputes, or open a new savings account (suffix) under your existing membership.

Your current account number will stay the same until conversion. CU1 will provide more information on what to expect after conversion on October 31, 2026, and how it will impact how you access your current accounts.
Opening New Accounts or Applying for Loans

You do not need to open any new accounts prior to the system conversion; your existing accounts will be transitioned to Credit Union 1’s systems without any action from you. If you would like to open a new account or loan after the legal merger date of June 30, 2026, it will be opened on Credit Union 1’s systems. Newly opened Credit Union 1 accounts can only be accessed through CU1 Digital Banking or at a Credit Union 1 branch. They will not be visible in Indiana Lakes FCU’s Digital Banking or accessible at Indiana Lakes FCU branch network. You will need to register for CU1 Digital Banking to access your account.

To open a new account, get started by:
- Applying online today
- Visiting a Credit Union 1 branch or your current Indiana Lakes FCU Branch
We recommend registering for Credit Union 1 Digital Banking as soon as your account is open so you can manage your funds without interruption.

Account Management

Have questions about the merger? Submit a Question

make a loan payment

Make a Loan Payment

For members with existing Indiana Lakes Federal Credit Union loans, make a payment here.¹

Pay Your Loan

Verify Your Contact Information

Confirm that Indiana Lakes FCU has your correct contact information on file to ensure you receive all merger communications. To confirm we have your correct phone number, email address, and mailing address, please either:

Call (989) 781-1430
Visit a Indiana Lakes FCU branch

Branch Information & Hours

Warsaw Branch

322 S. Detroit Street, Warsaw, IN 46580

Lobby

Monday - Friday: 9:00am - 5:00pm

Drive-Thru

Monday - Friday: 9:00am - 5:00pm

Merger FAQs for Indiana Lakes FCU Members

Will my accounts continue to be insured?

Your accounts will continue to be federally insured just as they are today through the National Credit Union Share Insurance Fund, which is backed by the full faith and credit of the U.S. Government and managed by the National Credit Union Administration (NCUA).
Can I use Credit Union 1 branches now?

You can continue to use the Indiana Lakes branch. We cannot begin integrating the operations of the two credit unions until after the system conversion date of October 31, 2026. Indiana Lakes members will be notified as soon as the additional branches are connected.
Can I use Credit Union 1 ATMs now?

Credit Union 1 ATMs are available for anyone to use; however, we cannot begin integrating the operations of the two credit unions until after the system conversion date of October 31, 2026, so you may incur a fee until that time. Once the merger is effective, you will have access to all Credit Union 1 ATMs at no charge along with more than 130,000 CO-OP surcharge-free ATMs nationwide through the Allpoint, CO-OP, and MoneyPass networks.
Will my account number change?
Yes, your account number will change on after the system conversion date. Be sure to update any external parties—such as your employer (for payroll), service providers (for ACH transactions), or lenders—with your new Credit Union 1 (CU1) routing and account numbers.

To find your new account number after the system conversion date:
1. Log in to Digital Banking.
2. Go to the ‘Menu’, then select ‘Services’, followed by ‘Setup Direct Deposits’.
3. Here, you can use ClickSwitch to update your direct deposits and ACH transactions, or scroll down to download a PDF with your account details.
Will the routing number change?

Yes, the routing number will also change after the system conversion date. The new CU1 routing number is #271188081. You can find it in Digital Banking by scrolling to the Move Money tile, or at the bottom of the cu1.com website.
Will my online/mobile banking change?
Yes, but not until the system conversion.
- Continue using Indiana Lakes online/mobile banking through October 31, 2026.
- After the system conversion, switch to Credit Union 1’s Digital Banking platform and mobile app, offering convenient access anytime, anywhere. You can register for Digital Banking after the system conversion.
Will my debit card still work?

Yes. Continue using your Indiana Lakes FCU debit card. Communications will be sent out closer to the operational date of when you will begin using your new Credit Union 1 debit card.
Will the terms of my existing Indiana Lakes accounts change?

Until the system conversion date October 31, 2026, none of your account terms will change. Whether or not they will change after the system conversion date depends on the type of account.

Loans | Your existing loan contract will remain in effect until the loan is paid off.

Share Certificates | The terms of your existing share certificate will remain in effect until the maturity date.

Savings & Checking | Rates and terms on these accounts are subject to change at the time of the merger date. You will receive a CU1 Membership Agreement and Account Disclosures before the merger date.

Credit Cards | Credit Union 1 offers an array of credit card options with competitive rates and exciting rewards. More information will be provided after the system conversion date of October 31, 2026.

Access 130,000 ATMs Nationwide: Surcharge-free options wherever you go.

Benefits of Membership with CU1

Once the merger is complete, you’ll have access to quality products and services needed to succeed financially. Credit Union 1 offers modern technology, dedication to member service, and competitive everyday banking products that will help members reach their unique financial goals.

Benefits for Members

Additional products and services—like High Yield Checking¹, High Yield Savings², Credit Cards, CDs with competitive rates, Business Banking, Business Loans, and Merchant Services—available to members.
Access to 5,000+ shared branch locations and 130,000 surcharge-free ATMs across the country through the Allpoint, CO-OP, and MoneyPass Networks.
Enjoy 24/7 support from Luna, our AI-powered Virtual Assistant, or speak to a team member during operating hours.
Ability to skip loan payments³ in times of financial hardship.

How Are We Doing?

We want to hear from you! In our ongoing efforts to improve member experience at Credit Union 1, we’re rolling out a member survey to ensure that your voice is being heard.

Provide Feedback

Message and data rates may apply. Check with your mobile carrier for details.

All checking accounts are subject to approval. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compounded monthly.

The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compounded monthly.

^1.

You may be required to pay a Convenience Fee for your use of the Online Payment Portal.

^2.

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rate is subject to change without notice. The rate may change after the account is opened and without notice. Dividends calculated using Average Daily Balance. Requirements to earn the current declared High Yield Checking rate on balances up to $10,000: You must (1) be enrolled in digital banking by registering for CU1’s digital banking service and create a password, (2) be enrolled in eStatements for the account in which the High Yield Checking Account is established, (3) have at least 15 CU1 Bill Pay or CU1 Visa® debit card transactions per calendar month (or a combination of the two), excluding ATM transactions, in the High Yield Checking Account, and (4) have minimum aggregate deposits totaling $1,000 deposited into the High Yield Checking per calendar month. Balances over $10,000 will earn 0.01% APY. Transactions that are pending on your High Yield Checking account and have not posted as of the end of the calendar month qualification cycle, will not count as qualifying transaction for that calendar month cycle. If Requirements are not met, balances will earn 0.01% APY. Deposits, bill pay transactions, and/or debit card transactions made to any other account or sub account belonging to the account owner, or any joint owner, will not apply to these High Yield checking requirements.

^3.

APY = Annual Percentage Yield. Must be New Money and deposited into the High Yield Savings Account. “New Money” is defined as money not on deposit with Credit Union 1 within the last 12 months and transferred in from a different financial institution (no Credit Union 1 to Credit Union 1 balance transfers allowed at any time. Any funds transferred in this manner will be redeposited into the original account and earn at the current rate). Money removed from Credit Union 1, then redeposited within a 12-month period from the withdrawal, will not be eligible for the High Yield Savings Account Rate.

Merger Update Prepare for Conversion