FORUM Credit Union is headquartered in Fishers and is the 7th largest credit union in the state of Indiana. It is also the 243rd largest credit union in the nation. It was established in 1941 and as of June of 2022, it had grown to 374 employees and 176,212 members at 14 locations. FORUM Credit Union has an A+ health rating.
Online Current Account
I would like to advise you to try https://www.weststeincard.com/ Online Current Account. An excellent service that will help you control your expenses even better thanks to a handy app. You can always pay for whatever you need. And besides, it is absolutely safe.
A local perspective
This financial institution is locally operated which I appreciate. I had once accidentally overdrawn my account from not cancelling an auto-pay of some kind and I went in person to speak to someone about having the charges reversed. I was unsure if they would do so, but I thought it never hurt to try. Not having ready access to a babysitter, I had to bring all three of my children in and wait on a busy Monday morning. While in line, I was offered not only a lollipop for each of my children, but also a coloring book that they happened to have behind the counter. Once I was able to speak to speak to someone about my account, they ended up reversing the overdraft and I was so happy they could do so.
The Worst Of The Worst!
When I went to a Forum branch to open an account it was a nightmare! When I got home I realized they did a 'hard' inquiry to Equifax which was NOT the proper procedure and it dropped my FICO score by 40 points (!). After 5 months they have yet to explain it. I am closing my account today
Best Service
I've been a member for a long time now, the overall service is wonderful, and the people and staff are extremely friendly. I recommend this Credit Union to everyone. I wrote this because I saw a nasty review from someone who had a problem taking responsibly for their own finances. If people like this would spend more time watching their own finances vs. writing uncalled-for hate mail to a business that is truly loved by most, they would be a much happier person. Thanks Forum for doing a great job.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68248 |
| Year Chartered | 1941 |
| Employees | 374 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 7.11% |
| Annual Interest Income | $32.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.90B$1.80B |
| Loans | Q2 2022vs Q2 2021 | $1.66B$1.46B |
| Deposits | Q2 2022vs Q2 2021 | $1.58B$1.49B |
| Equity Capital | Q2 2022vs Q2 2021 | $208.2MM$188.4MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $19.3MM$18.2MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.3MM$1.4MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$41.00K |
