La Porte Community Federal Credit Union
LOCATIONS
4
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HEALTH RATING
B+
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CURRENT TOP RATE
1.10% APY
60 Month CD
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Overview / Commentary
La Porte Community Federal Credit Union is headquartered in La Porte and is the 64th largest credit union in the state of Indiana. It is also the 2,463rd largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 25 employees and 7,189 members at 4 locations. La Porte Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in LaPorte County.
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Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. La Porte Community Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2051 |
| Year Chartered | 1937 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 4.41% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $44.1MM$42.3MM |
| Loans | Q4 2019vs Q4 2018 | $33.0MM$30.2MM |
| Deposits | Q4 2019vs Q4 2018 | $38.3MM$35.0MM |
| Equity Capital | Q4 2019vs Q4 2018 | $5.7MM$5.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $235.00K$184.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $283.00K$279.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |