Members Advantage Credit Union (IN)

Overview / Commentary
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 1,652nd largest credit union in the nation. It was established in 1962 and as of December of 2023, it had grown to 22 employees and 8,198 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 Grade Components

NCUA #68242
Year Chartered1962
Primary Regulator
Profit Margin
Return on Assets - YTD0.45%
Return on Equity - YTD6.7%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$121.5MM$126.9MM
LoansQ4 2023vs Q4 2022$51.4MM$59.2MM
DepositsQ4 2023vs Q4 2022$112.4MM$120.4MM
Equity CapitalQ4 2023vs Q4 2022$8.1MM$5.7MM
Loan Loss AllowanceQ4 2023vs Q4 2022$152K$203K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$269K$124K
Real Estate OwnedQ4 2023vs Q4 2022$0$0

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


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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