Overview / Commentary
TLCU Financial is headquartered in Mishawaka and is the 68th largest credit union in the state of Indiana. It is also the 2,595th largest credit union in the nation. It was established in 1953 and as of June of 2020, it had grown to 10 employees and 4,126 members at 2 locations. TLCU Financial has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Marshall, La Grange, or St. Joseph Counties in Indiana. Membership is also open to employees of Electro Transfer System, Community Hospital, Dometic Corporation and other select employer groups in Mishawaka, Topeka, and Bremen, Indiana.
See current membership details
Health
B+
Data as of Q2 2020
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. TLCU Financial has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68286 |
| Year Chartered | 1953 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 3.72% |
| Annual Interest Income | $587.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $42.5MM$36.8MM |
| Loans | Q2 2020vs Q2 2019 | $13.1MM$14.0MM |
| Deposits | Q2 2020vs Q2 2019 | $35.8MM$30.5MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.5MM$6.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $33.00K$39.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $22.00K$26.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |