IBEW Local 697 Federal Credit Union is headquartered in MERRILLVILLE and is the 74th largest credit union in the state of Indiana. It is also the 2,718th largest credit union in the nation. It was established in 1958 and as of December of 2018, it had grown to 4 employees and 2,919 members at 2 locations. IBEW Local 697 Federal Credit Union's money market rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to members of the International Brotherhood of Electrical Workers Local 697, employees of the Local 697 Apprenticeship and Training School, the Local 697 Pension Fund and NECA-IBEW Local 697 Health and Welfare Plan.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 12745 |
| Year Chartered | 1958 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 1.2% |
| Annual Interest Income | $948.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $34.0MM$34.9MM |
| Loans | Q4 2018vs Q4 2017 | $12.9MM$10.6MM |
| Deposits | Q4 2018vs Q4 2017 | $27.4MM$28.3MM |
| Equity Capital | Q4 2018vs Q4 2017 | $6.6MM$6.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $90.00K$72.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $659.00K$562.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not IBEW Local 697 Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
IBEW Local 697 Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | - | - | IRA Savings | |
| 0.40% | $100 | - | Share Savings |
IBEW Local 697 Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $2k | - | Fund Manager |
| IBEW Local 697 Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 7200 MISSISSIPPI ST STE 400 | MERRILLVILLE, IN 46410 |
| Branch Office | 8121 Grand Blvd | Merrillville, IN 46410 |