Madison County Federal Credit Union

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A short history of Madison County FCU

Since its inception in 1935 the Madison County Federal Credit Union has been serving its members in the Anderson, 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 David Dodd, the Madison County FCU has grown its membership to over 9,005 with assets of more than $74,749,167. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (765) 644-3623 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 Anderson, IN.

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

Charter Number 306
Address 621 E 8th St 
City Anderson 
State Indiana 
Zip-Code 46012
Phone Number (765) 644-3623
Fax Number (765) 641-2346
Email Address: none
CEO/President David Dodd
Members 9,005 
Full-Time Employees 27 
Part-Time Employees
Number of Branch Offices
Total Assets 74,749,167 
Website http://www.madcofcu.org 

Compare Madison County Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Independent CU Main Office 3737 S Scatterfield Rd 46013 (765) 649-9271 No 5.52
Lampco CU North Branch 525 E Hartman Rd 46012 (765) 649-9226 No 8.10
Thrive CU Morrison Office 3360 N Morrison Rd 47304 (765) 381-8204 No 10.81
Primetrust Financial CU PrimeTrust Financial FCU 3230 S Madison St 47302 (765) 289-2148 No 11.22
First County CU Main Office-1100 W 11th St 1100 W 11th St 47302 (765) 284-3471 No 12.15

Madison County Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Madison County 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 15.22 6.07 6.26 5.35 5.45
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 523 490 470 308 283
Rank Among All Indiana Credit Unions 61 89 88 55 41

Madison County Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.03 0.02 0.33 N/A
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 148 149 298 N/A
Rank Among All Indiana Credit Unions N/A 31 30 50 N/A
Madison County Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 15.2201,1052,695,996
All Other Unsecured Loans/Lines of Credit 7.8101,2903,713,596
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 6.0701502,628,301
Used Vehicle Loans 6.2601,03910,463,155
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.35020912,215,798
Total Other Real Estate Loans/Lines of Credit 5.4502094,966,273
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.7701742,218,113
TOTAL LOANS & LEASES 4,17638,901,232

Madison County 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 1128,864,4721131,200
    b. 15 Years or less 933,015,0675213,755
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 144,52700
Adjustable Rate > 1 yr 3291,73200

OTHER REAL ESTATE

Closed-End Fixed Rate 872,717,70900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1222,248,5647303,500
Open-End Fixed Rate 0000
TOTALS 41817,182,07113648,455

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

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