Midwest Family Federal Credit Union

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A short history of Midwest Family FCU

Since its inception in 1962 the Midwest Family Federal Credit Union has been serving its members in the PORTAGE, 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 Robin Bowman, the Midwest Family FCU has grown its membership to over 3,276 with assets of more than $27,995,909. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (219) 763-5640 or email them at donna@ers2000.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PORTAGE, IN.

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

Charter Number 15007
Address PO BOX 48 
City PORTAGE 
State Indiana 
Zip-Code 46368
Phone Number (219) 763-5640
Fax Number (219) 763-5102
Email Address: donna@ers2000.com
CEO/President Robin Bowman
Members 3,276 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 27,995,909 
Website http://www.midwestfamilyfcu.org 

Compare Midwest Family Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Gesb Sheet Metal Workers CU Chase Bank 3275 Willowcreek Rd 46368 (219) 762-2157 No 1.12
Allegius CU Allegius Credit Union 244 Allegius Dr 46304 (219) 787-8049 No 3.94
Midwest Carpenters & Millwrights CU Credit Union Main Office 680 N Union St 46342 (219) 947-1568 No 4.20
Hobart Ind School Employees CU Hobart School Employees 2211 E 10th ST 46342 (219) 942-3939 No 5.71
St. Monica CU St. Monica FCU 645 Rhode Island St 46402 (219) 883-1861 No 7.89

Midwest Family Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Midwest Family 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 11.50 3.36 4.01 4.44 4.01
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 380 190 204 199 102
Rank Among All Indiana Credit Unions 43 38 38 35 12

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.04 0.10 0.49 0.42
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 146 134 268 240
Rank Among All Indiana Credit Unions N/A 30 26 45 42
Midwest Family Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.5008231,170,866
All Other Unsecured Loans/Lines of Credit 10.9304921,207,883
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.360861,268,965
Used Vehicle Loans 4.0103763,378,024
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.440464,019,243
Total Other Real Estate Loans/Lines of Credit 4.0101022,173,437
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.87095776,896
TOTAL LOANS & LEASES 2,02013,995,314

Midwest Family 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 272,813,76100
    b. 15 Years or less 191,205,48200
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 761,663,21300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 26510,22400
Open-End Fixed Rate 0000
TOTALS 1486,192,68000

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 Family 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 Yes
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