Municipal Employees Credit Union

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A short history of Municipal Employees CU

Since its inception in 1938 the Municipal Employees Credit Union has been serving its members in the La Porte, 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 Erik Jedrysek, the Municipal Employees CU has grown its membership to over 286 with assets of more than $1,209,708. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (219) 380-2254 or email them at mecu@csinet.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in La Porte, IN.

General Information For Municipal Employees CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60693
Address 809 W. 18 th Street 
City La Porte 
State Indiana 
Zip-Code 46350
Phone Number (219) 380-2254
Fax Number (219) 325-9087
Email Address: mecu@csinet.net
CEO/President Erik Jedrysek
Members 286 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 1,209,708 
Website  

Compare Municipal Employees Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
La Porte Community CU Main Office 1304 Jefferson Ave 46350 (219) 326-8050 No 1.20
Grand Heritage CU Grand Heritage Federal Credit Union 201 Koomler Dr 46350 (219) 324-5220 No 1.58
Generations CU GENERATIONS FEDERAL CREDIT UNION 706 BOYD BLVD 46350 (219) 326-5311 No 2.82
First Trust CU First Trust Credit Union 402 J St 46350 (219) 324-4359 No 8.41
South Shore Railroad Emp CU South Shore RR EFCU 505 N Carroll Ave 46360 (219) 210-4624 No 9.25

Municipal Employees Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Municipal Employees 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 3.92 5.40 N/A N/A
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 265 371 N/A N/A
Rank Among All Indiana Credit Unions N/A 60 69 N/A N/A

Municipal Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 1.86 N/A N/A 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 20 N/A N/A N/A
Rank Among All Indiana Credit Unions N/A 3 N/A N/A N/A
Municipal Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 13.00049148,765
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.920335,501
Used Vehicle Loans 5.40054592,922
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.670948,370
TOTAL LOANS & LEASES 115825,558

Municipal Employees 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 0000
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 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

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

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