Midwest Carpenters & Millwrights Federal Credit Union

A short history of Midwest Carpenters & Millwrights FCU

Since its inception in 1960 the Midwest Carpenters & Millwrights Federal Credit Union has been serving its members in the Hobart, 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 William Lowry, the Midwest Carpenters & Millwrights FCU has grown its membership to over 21,546 with assets of more than $98,314,425. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (219) 947-1568 or email them at info@mcmfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Hobart, IN.

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

Compare Midwest Carpenters & Millwrights Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Hobart Ind School Employees CU	Hobart School Employees	2211 E 10th ST	46342	(219) 942-3939	No	0.28
Northern Indiana CU	La Porte office	606 State St	46350	(219) 326-7787	No	3.63
Midwest Family CU	MIDWEST FAMILY FCU	2832 WILLOWCREEK RD	46368	(219) 763-5640	No	4.53
Profinance CU	Records Storage Center	8440 Allison Pointe Blvd	46250	(317) 594-5300	No	5.90
Members Source CU	Griffith	1903 W Glen Park Ave	46319	(219) 924-1570	No	6.11

Midwest Carpenters & Millwrights Federal Credit Union Financial Performance Charts

Financial Data

Midwest Carpenters & Millwrights 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	10.90	2.99	5.49	3.75	4.50
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	332	145	383	102	168
Rank Among All Indiana Credit Unions	34	24	73	13	21

Midwest Carpenters & Millwrights Federal Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.30	0.25	0.65	1.00	1.25
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	89	95	42	174	125
Rank Among All Indiana Credit Unions	10	17	3	27	11

Midwest Carpenters & Millwrights Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	10.900	2,166	4,746,389
All Other Unsecured Loans/Lines of Credit	15.000	353	794,811
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	2.990	549	11,176,169
Used Vehicle Loans	5.490	964	10,093,522
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.750	200	14,628,886
Total Other Real Estate Loans/Lines of Credit	4.500	133	2,189,691
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	4.000	62	1,122,465
TOTAL LOANS & LEASES		4,427	44,751,933

Midwest Carpenters & Millwrights 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	79	4,900,406	1	60,000
b. 15 Years or less	121	9,728,480	7	1,007,850
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	133	2,189,691	0	0
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	0	0	0	0
Open-End Fixed Rate	0	0	0	0
TOTALS	333	16,818,577	8	1,067,850

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Midwest Carpenters & Millwrights Federal Credit Union Member Offerings

First Time Homebuyer Program	No
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
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	Yes
Home Banking Via Internet Website	Yes