First Trust Credit Union

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A short history of First Trust CU

Since its inception in 1959 the First Trust Credit Union has been serving its members in the MICHIGAN CITY, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Kim Kniola, the First Trust CU has grown its membership to over 12,270 with assets of more than $109,578,746. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (800) 276-6161 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MICHIGAN CITY, IN.

General Information For First Trust CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68596
Address P.O. BOX 2116 
State Indiana 
Zip-Code 46360
Phone Number (800) 276-6161
Fax Number (219) 873-1331
Email Address:
CEO/President Kim Kniola
Members 12,270 
Full-Time Employees 37 
Part-Time Employees
Number of Branch Offices
Total Assets 109,578,746 

Compare First Trust Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Members Advantage CU Ohio Steet Branch 3064 Ohio St 46360 (219) 874-6943 No 1.84
South Shore Railroad Emp CU South Shore RR EFCU 505 N Carroll Ave 46360 (219) 210-4624 No 2.35
La Porte Community CU Main Office 1304 Jefferson Ave 46350 (219) 326-8050 No 8.87
Grand Heritage CU Grand Heritage Federal Credit Union 201 Koomler Dr 46350 (219) 324-5220 No 8.92
Municipal Employees CU La Porte Fire Station #1 809 W 18th St 46350 (219) 380-2254 No 9.46

First Trust Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

First Trust Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.95 3.50 4.13 5.95
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 270 147 159 335
Rank Among All Indiana Credit Unions N/A 61 23 25 48

First Trust Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.10 0.25 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 134 310 283
Rank Among All Indiana Credit Unions N/A 26 26 52 51
First Trust Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.9502,5212,229,901
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.9501642,127,146
Used Vehicle Loans 3.5001,0208,427,854
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.13027318,393,619
Total Other Real Estate Loans/Lines of Credit 5.950871,208,791
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.950135969,595
TOTAL LOANS & LEASES 4,20033,356,906

First Trust Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 979,032,35471,065,900
    b. 15 Years or less 1637,914,33510559,743
    a. > 15 years 0000
    b. 15 Years or less 3618,8551250,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 10828,07500


Closed-End Fixed Rate 50821,017378,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 37387,774311,217
Open-End Fixed Rate 0000
TOTALS 36019,602,410241,965,360


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

First Trust Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes