Allegius Federal Credit Union


Overview / Commentary
219-787-8049
244 Allegius Dr
Burns Harbor, IN 46304

Allegius Federal Credit Union is headquartered in Burns Harbor and is the 29th largest credit union in the state of Indiana. It is also the 1,226th largest credit union in the nation. It was established in 1966 and as of June of 2020, it had grown to 36 employees and 12,065 members at 4 locations. Allegius Federal Credit Union has an A health rating.

Field of Membership Restrictions

Allegius Federal Credit Union is open to members of the Independent Cat Society ($25 contribution at any Allegius branch location), and employees of ArcelorMittal, headquartered in Burns Harbor, Bulk Transport Corp., who work in Michigan City, Restaurant Management Corp., headquartered in Portage, Indiana, Yesterday's Treasures in Chesterton, or any of the nearly 20 SEGs (a complete list is posted on the credit union's website).
See current membership details

Reviews (1)

Rude Teller

March 7th 2017 around 4:30 p.m. I went to the Burns Harbor credit union to use the shared credit union services and the employee was very rude. I didn't get her name but she was on my left (closest to the entrance) while I was facing the counter, very unfriendly, and very nasty with me. I needed to deposit two money orders made out to and signed by both my wife and me. She rudely asked who the other name is. When I told her she says "I don't see her name on the account." After informing her that my wife is not on that account, she practically threw my money orders, ID, and deposit slip back at me and (again, rudely) told me she can't deposit it because of their rules. That's fine, I understand a rule is a rule. (but why it mattered who the other person was, I don't know) I told her okay and thanks. She just stared at me. Didn't say sorry, thanks, have a nice day, NOTHING at all! So I just walked out and went to another bank where I knew I could deposit them. I only stopped there because the location was convenient and I had just realized they offer shared services. I also have an account there but I haven't used it in years. I'm glad I don't. One extra star only because they participate in shared services, even though I'll probably not visit again.



Health

Health Grade Components

Overall
NCUA #17389
Year Chartered1966
Employees36
Primary Regulator
Profit Margin
Return on Assets - YTD0.11%
Return on Equity - YTD1.08%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$180.1MM$166.4MM
LoansQ2 2020vs Q2 2019$73.5MM$87.4MM
DepositsQ2 2020vs Q2 2019$160.4MM$148.9MM
Equity CapitalQ2 2020vs Q2 2019$18.2MM$17.0MM
Loan Loss AllowanceQ2 2020vs Q2 2019$881.00K$899.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.7MM$564.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$280.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Allegius Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Allegius Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$50-Traditional IRA
0.50%$50-Conversion Roth IRA
0.20%$50-Regular Savings
0.20%$50-Special Savings
0.20%$50-Holiday Club

Allegius Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$25k*-Insured Money Market
OTHER TIERS: 0.20% $2.5k - $25k

Allegius Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.05%*-$5kKasasa Cash
OTHER TIERS: 0.10% $5k+

Allegius Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%$1k-60+ Month Share Certificate
1.05%$1k-48 Month Share Certificate
0.75%$1k-36 Month Share Certificate
0.50%$1k-24 Month Share Certificate
0.40%$1k-12 Month Share Certificate
0.20%$1k-6 Month Share Certificate
Locations


Allegius Federal Credit Union Locations
Main Office244 Allegius DrBurns Harbor, IN 46304
Branch Office2027 E 37th AveHobart, IN 46342
Branch Office175 Lincolnway Ste EValparaiso, IN 46383
Branch Office1015 E US Highway 20Michigan City, IN 46360

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