South Shore Railroad Emp Federal Credit Union

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A short history of South Shore Railroad Emp FCU

Since its inception in 1936 the South Shore Railroad Emp Federal Credit Union has been serving its members in the MICHIGAN CITY, 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 Hannah Weiler, the South Shore Railroad Emp FCU has grown its membership to over 1,025 with assets of more than $4,135,471. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (219) 210-4624 or email them at lridenour@southshorefreight.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MICHIGAN CITY, IN.

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

Charter Number 1091
Address 505 N CARROLL AVE 
City MICHIGAN CITY 
State Indiana 
Zip-Code 46360
Phone Number (219) 210-4624
Fax Number (219) 878-1466
Email Address: lridenour@southshorefreight.com
CEO/President Hannah Weiler
Members 1,025 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 4,135,471 
Website  

Compare South Shore Railroad Emp Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
First Trust CU First Trust Credit Union 402 J St 46350 (219) 324-4359 No 0.66
Members Advantage CU Ohio Steet Branch 3064 Ohio St 46360 (219) 874-6943 No 1.84
La Porte Community CU Main Office 1304 Jefferson Ave 46350 (219) 326-8050 No 8.87
Grand Heritage CU Grand Heritage Federal Credit Union 201 Koomler Dr 46350 (219) 324-5220 No 8.92
Municipal Employees CU La Porte Fire Station #1 809 W 18th St 46350 (219) 380-2254 No 9.46

South Shore Railroad Emp Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


South Shore Railroad Emp 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 7.39 3.82 4.86 N/A 4.68
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 58 254 308 N/A 193
Rank Among All Indiana Credit Unions 6 55 55 N/A 24

South Shore Railroad Emp Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.45 0.30
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 143 N/A 274 259
Rank Among All Indiana Credit Unions N/A 29 N/A 46 45
South Shore Railroad Emp Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.390182175,644
All Other Unsecured Loans/Lines of Credit 13.39080195,023
Short-Term, Small Amount Loans (STS) (Federal CU Only) 21.00084,187
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.82028440,624
Used Vehicle Loans 4.8601001,191,579
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 4.68010208,780
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.81020179,699
TOTAL LOANS & LEASES 4282,395,536

South Shore Railroad Emp 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 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 10208,78000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 10208,78000

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

South Shore Railroad Emp Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
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 Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes