First Trust Credit Union

Overview / Commentary

www.firsttrustcu.com

219-879-6161

950 E US Highway 20
Michigan City, IN 46360-7470

First Trust Credit Union is headquartered in Michigan City and is the 35^th largest credit union in the state of Indiana. It is also the 1,496^th largest credit union in the nation. It was established in 1959 and as of December of 2018, it had grown to 38 employees and 12,870 members at 4 locations. First Trust Credit Union's money market rates are 2X the national average, and it has an A health rating.

Field of Membership Restrictions

First Trust Credit Union of Indiana is open to the residents and the people that maintain employment within these eligible counties: La Porte, Porter, Jasper, Newton, Pulaski, Starke and White, the employees of the credit union affiliated community partner companies, and the family members of the current credit union members.
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Health

Data as of Q4 2018

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Health Grade Components

Overall
NCUA #	68596
Year Chartered	1959
Employees	38
Primary Regulator

Profit Margin
Return on Assets - YTD	1.01%
Return on Equity - YTD	9.01%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$113.8MM$109.9MM
Loans	Q4 2018vs Q4 2017	$32.4MM$34.0MM
Deposits	Q4 2018vs Q4 2017	$100.9MM$98.2MM
Equity Capital	Q4 2018vs Q4 2017	$12.7MM$11.6MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$302.00K$409.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$391.00K$730.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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Savings
Money Market
Checking
CD

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

First Trust Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	-	-	Regular Shares Account
0.20%	-	-	Christmas Club Account
0.20%	-	-	Vacation Club Account
0.20%	-	-	Rainy Day Shares Account
0.20%	-	-	Spare Change Share Account
0.15%	$10k	-	Business Plus

First Trust Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.90%^*	$50k^*	-	Money Market Plus Account
OTHER TIERS: 0.50% → $2.5k - $10k \| 0.65% → $10k - $25k \| 0.75% → $25k - $50k

First Trust Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$5k	-	Premier Checking

First Trust Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.20%^*	$10k^*	-	60 Month CD
OTHER TIERS: 1.80% → $1k - $10k
1.95%^*	$10k^*	-	48 Month CD
OTHER TIERS: 1.65% → $1k - $10k
1.65%^*	$10k^*	-	36 Month CD
OTHER TIERS: 1.35% → $1k - $10k
1.55%^*	$10k^*	-	30 Month CD
OTHER TIERS: 1.25% → $1k - $10k
1.50%^*	$10k^*	-	2 Year CD
OTHER TIERS: 1.20% → $1k - $10k
1.40%^*	$10k^*	-	18 Month CD
OTHER TIERS: 1.10% → $1k - $10k
1.30%^*	$10k^*	-	1 Year CD
OTHER TIERS: 1.00% → $1k - $10k
1.10%^*	$10k^*	-	6 Month CD
OTHER TIERS: 0.80% → $1k - $10k
0.40%	$1k	-	3 Month CD

Locations

First Trust Credit Union Locations
Branch Office	950 E US Highway 20	Michigan City, IN 46360-7470
Branch Office	402 J St	La Porte, IN 46350
Branch Office	1404 Lincolnway	Valparaiso, IN 46383-5826
Branch Office	4259 W State Road 10	Wheatfield, IN 46392-7007

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