Fort Financial Credit Union

3102 Spring Street
Fort Wayne, IN 46808
800-837-3262
www.fortfinancialcu.org

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Fort Financial Credit Union is headquartered in Fort Wayne and is the 25^th largest credit union in the state of Indiana. It is also the 1,024^th largest credit union in the nation. It was established in 1946 and as of December of 2011, it had grown to 71 employees and 39,484 members. Fort Financial Credit Union has a 2-star health rating.

Fort Financial Credit Union Routing Number: 274973374

Special 30-Month CD at Fort Financial Credit Union in Parts of IN, NC, MS, IL and WI - 12/7/2010

Fort Financial Credit Union has a special 30-month CD with a 2.01% APY. It's called the COMFORT Certificate, and it allows you to bump up the rate one time during the term of the CD and add additional ...

3.05% 15-Month CD at Fort Financial Credit Union in Parts of IN, NC, MS, IL and WI - 3/18/2009

Fort Financial Credit Union has a special 15-month CD with a 3.05% APY. Minimum deposit is $1,000. New funds are required; Otherwise, the rate is 2.75% APY. The special is also available as a Traditional or Roth IRA. These rates are listed at the credit...

5.05% 29-Month / 4.90% 18-Month CD at Fort Financial CU in IN, NC, MS, IL and WI - 10/1/2008

Fort Financial Credit Union has a CD promotion with two competitive mid-term CDs: a 4.90% APY 18-month CD and a 5.05% APY 29-month CD. The minimum deposit is $10,000, and both are available in an IRA. The credit union has a promotional page (pdf)...

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See Rates for: Savings | Money Market | CD | IRA

Fort Financial Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	-	-	Coverdell ESA Share
0.15%	-	-	Traditional IRA Share
0.15%	-	-	Roth IRA Share
0.05%	$50	-	Prime Savings
0.05%	$50	-	Special I
0.05%	$500	-	Special II
0.05%	$50	-	Vacation Club
0.05%	$50	-	Christmas Club

Fort Financial Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$50k	-	Celebrity Investment Account

Fort Financial Credit Union CD Rates

Apy	Min	Max	Product
0.65%	$500	-	60 Month CD
0.45%	$500	-	48 Month CD
0.40%	$500	-	36 Month CD
0.25%	$500	-	30 Month COMFORT CD
0.15%	$500	-	18 Month CD
0.15%	$500	-	24 Month CD
0.10%	$500	-	9 Month CD
0.10%	$500	-	12 Month CD
0.05%	$500	-	3 Month CD
0.05%	$500	-	6 Month CD

Fort Financial Credit Union IRA Rates

Apy	Min	Max	Product
0.65%	$500	-	60 Month IRA
0.65%	$500	-	60 Month Roth IRA
0.65%	$500	-	60 Month CESA
0.45%	$500	-	48 Month IRA
0.45%	$500	-	48 Month Roth IRA
0.45%	$500	-	48 - 60 Month CESA
0.40%	$500	-	36 Month IRA
0.40%	$500	-	36 Month Roth IRA
0.40%	$500	-	36 Month CESA
0.25%	$500	-	30 Month COMFORT IRA
0.25%	$500	-	30 Month COMFORT Roth IRA
0.25%	$500	-	30 Month COMFORT CESA
0.15%	$500	-	18 Month IRA
0.15%	$500	-	24 Month IRA
0.15%	$500	-	18 Month Roth IRA
0.15%	$500	-	24 Month Roth IRA
0.15%	$500	-	18 Month CESA
0.15%	$500	-	24 Month CESA
0.10%	$500	-	12 Month IRA
0.10%	$500	-	12 Month Roth IRA
0.10%	$500	-	12 Month CESA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

FORT FINANCIAL
NCUA #	5431
BankRate Report	View
Year Chartered	1946
Employees	71
Primary Regulator
Assets and Liabilities
Assets	$156.95 million
Loans	$108.52 million
Deposits	$146.96 million
Equity Capital	$8.94 million
Loan Loss Allowance	$1.20 million
Unbacked Noncurrent Loans	$1.68 million
Historic Data - December 2010
Assets	$167.76 million
Equity Capital	$11.89 million
Loan Loss Allowance	$2.02 million
Unbacked Noncurrent Loans	$1.43 million
Profit Margin - Quarterly
Net Interest Margin	6.13%
Return on Assets	-1.75%
Return on Equity	-30.74%
Interest Income	$7.45 million
Non-Interest Income	$3.36 million

Institution Health

Overall Score:

2 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Fort Financial Credit Union had $1.68 million in non-current loans and owned real-estate with $10.14 million in equity and loan loss allowances on hand to cover it. This gives Fort Financial Credit Union a Texas Ratio of 16.54% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Fort Financial Credit Union increased slightly from 10.28% as of December 31, 2010 to 16.54% as of December 31, 2011, resulting in a negative change of 61.00%. This indicates that the balance sheet and financial strength for Fort Financial Credit Union has declined slightly in recent periods.
Deposit Growth
In the past year, Fort Financial Credit Union has decreased its total deposits by -$7.69 million, resulting in -4.97% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Fort Financial Credit Union has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Fort Financial Credit Union has $156.94 million in assets with $10.14 million in equity, resulting in a capitalization level of 6.46%, which is below average.