Members Advantage Credit Union (IN)


Overview / Commentary
219-874-6943
3064 Ohio St
Michigan City, IN 46360

Members Advantage Credit Union (IN) is headquartered in Michigan City and is the 39th largest credit union in the state of Indiana. It is also the 1,623rd largest credit union in the nation. It was established in 1962 and as of December of 2022, it had grown to 23 employees and 8,399 members at 3 locations. Members Advantage Credit Union (IN) has a B+ health rating.

Field of Membership Restrictions

Membership in Members Advantage Credit Union is open to those who live or work in the Indiana counties of Lake, LaPorte, or Porter. Relatives of members are also eligible to join.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #68242
Year Chartered1962
Employees23
Primary Regulator
Profit Margin
Return on Assets - YTD0.26%
Return on Equity - YTD5.77%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$126.9MM$129.3MM
LoansQ4 2022vs Q4 2021$59.2MM$59.7MM
DepositsQ4 2022vs Q4 2021$120.4MM$118.6MM
Equity CapitalQ4 2022vs Q4 2021$5.7MM$10.3MM
Loan Loss AllowanceQ4 2022vs Q4 2021$203.00K$179.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$124.00K$245.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0
Rates

Rates for Members Advantage Credit Union (IN) are currently being reviewed.

Locations


Members Advantage Credit Union (IN) Locations
Branch Office947 s Woodland AveMichigan City, IN 46360-5672
Branch Office6170 US Highway 6Portage, IN 46368
Branch Office3064 Ohio StMichigan City, IN 46360-6866

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