Allegius Federal Credit Union is headquartered in Burns Harbor and is the 28th largest credit union in the state of Indiana. It is also the 1,217th largest credit union in the nation. It was established in 1966 and as of December of 2019, it had grown to 41 employees and 16,055 members at 4 locations. Allegius Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of Allegius Credit Union or work in one of the Select Employee Groups (SEGs) who offer credit union membership as benefit to employees. Members of the Independent Cat Society and immediate family members of a current member is also eligible to join.
See current membership details
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.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 17389 |
| Year Chartered | 1966 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.21% |
| Return on Equity - YTD | 2.13% |
| Annual Interest Income | $5.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $164.8MM$165.8MM |
| Loans | Q4 2019vs Q4 2018 | $78.9MM$89.4MM |
| Deposits | Q4 2019vs Q4 2018 | $147.9MM$149.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $16.4MM$15.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $939.00K$864.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $543.00K$733.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $230.00K$17.00K |