Overview / Commentary
Tech Credit Union is headquartered in Crown Point and is the 23rd largest credit union in the state of Indiana. It is also the 710th largest credit union in the nation. It was established in 1936 and as of June of 2024, it had grown to 144 employees and 38,197 members at 12 locations. Tech Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Tech Credit Union is open to those who live or work in the Indiana counties of Jasper, Lake, LaPorte, Newton, Porter, or Starke; the Illinois counties of Grundy or Will; the Illinois cities of Crest Hill, Joliet, or Plainfield; or the greater Calumet City area in Illinois.
See current membership details
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Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68225 |
| Year Chartered | 1936 |
| Employees | 144 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.36% |
| Return on Equity - YTD | -4.11% |
| Annual Interest Income | $11.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $531.2MM$522.9MM |
| Loans | Q2 2024vs Q2 2023 | $450.7MM$462.2MM |
| Deposits | Q2 2024vs Q2 2023 | $473.7MM$476.3MM |
| Equity Capital | Q2 2024vs Q2 2023 | $47.1MM$44.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.9MM$2.2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $5.2MM$5.8MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
