Local 697 Federal Credit Union

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A short history of Local 697 FCU

Since its inception in 1958 the Local 697 Federal Credit Union has been serving its members in the MERRILLVILLE, 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 Daniel Simon, the Local 697 FCU has grown its membership to over 2,760 with assets of more than $35,410,508. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (219) 845-6040 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MERRILLVILLE, IN.

General Information For Local 697 FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12745
Address 7200 MISSISSIPPI ST STE 400 
City MERRILLVILLE 
State Indiana 
Zip-Code 46410
Phone Number (219) 845-6040
Fax Number (219) 972-6699
Email Address: none
CEO/President Daniel Simon
Members 2,760 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 35,410,508 
Website http://www.697fcu.org 

Compare Local 697 Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Profinance CU Records Storage Center 8440 Allison Pointe Blvd 46250 (317) 594-5300 No 1.06
Members Source CU Griffith 1903 W Glen Park Ave 46319 (219) 924-1570 No 1.35
U S #1364 CU GARY OFFICE 1 N BUCHANAN ST 46402 (219) 883-4362 No 1.51
Northern Indiana CU La Porte office 606 State St 46350 (219) 326-7787 No 3.12
Tech CU Valparaiso Branch 370 Morthland Dr 46383 (219) 477-6805 No 4.35

Local 697 Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Local 697 Federal 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 12.50 5.00 6.00 6.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 434 397 443 373 341
Rank Among All Indiana Credit Unions 50 83 84 58 50

Local 697 Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A N/A 0.60
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 119 N/A N/A 211
Rank Among All Indiana Credit Unions N/A 22 N/A N/A 33
Local 697 Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.500210178,081
All Other Unsecured Loans/Lines of Credit 13.00095444,997
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.000731,230,371
Used Vehicle Loans 6.0003684,038,765
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.000292,649,818
Total Other Real Estate Loans/Lines of Credit 6.00022491,117
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.000961,019,881
TOTAL LOANS & LEASES 89310,053,030

Local 697 Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 292,649,81871,352,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 22491,117250,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 513,140,93591,402,000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Local 697 Federal 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 No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes