Midwest America Federal Credit Union

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A short history of Midwest America FCU

Since its inception in 1936 the Midwest America Federal Credit Union has been serving its members in the Fort Wayne, 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 Gregory Mohr, the Midwest America FCU has grown its membership to over 56,014 with assets of more than $568,114,814. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (260) 482-3334 or email them at callcenter@mwafcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Fort Wayne, IN.

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

Charter Number 1427
Address 1104 Medical Park Dr 
City Fort Wayne 
State Indiana 
Zip-Code 46825
Phone Number (260) 482-3334
Fax Number () -
Email Address: callcenter@mwafcu.org
CEO/President Gregory Mohr
Members 56,014 
Full-Time Employees 165 
Part-Time Employees
Number of Branch Offices 14 
Total Assets 568,114,814 
Website http://www.mwafcu.org 

Compare Midwest America Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
General CU 630 E Dupont 630 E Dupont Rd 46825 (260) 471-5544 No 1.77
Three Rivers CU St Joe Center 5703 YMCA Park Drive E 46801 (260) 490-8328 No 2.72
Profed CU Kendallville Branch 419 E North St 46755 (260) 347-0520 No 2.74
Fire Police City County CU New Haven Office 104 Lincoln Hwy W 46805 (260) 484-2102 No 3.17
Partners 1st CU Partners 1st FCU, Br. 87 204 W 30th St 46953 (765) 668-8605 No 3.25

Midwest America Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Midwest America 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 N/A 3.24 4.47 4.13 6.35
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 173 261 160 376
Rank Among All Indiana Credit Unions N/A 31 44 26 53

Midwest America Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.68 0.11 0.22 0.95 0.98
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 54 126 111 183 163
Rank Among All Indiana Credit Unions 3 25 20 29 17
Midwest America Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 10.9506,6025,700,250
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.2402,06228,438,872
Used Vehicle Loans 4.47017,195189,749,625
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1301,840156,203,034
Total Other Real Estate Loans/Lines of Credit 6.3506199,226,476
Leases Receivable 3.40084927,782,557
Total All Other Loans/Lines of Credit 14.2202,76433,395,474
TOTAL LOANS & LEASES 31,931450,496,288

Midwest America 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 37736,450,877546,858,685
    b. 15 Years or less 1,463119,752,15716229,030,363
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 1231,854,0334142,400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 4967,372,44315424,100
Open-End Fixed Rate 0000
TOTALS 2,459165,429,51023536,455,548

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

Midwest America 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 Yes
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