Teachers Credit Union

  • +1

A short history of Teachers CU

Since its inception in 1931 the Teachers Credit Union has been serving its members in the SOUTH BEND, 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 Paul Marsh, the Teachers CU has grown its membership to over 293,636 with assets of more than $3,130,061,912. They have a main office and 54 branch offices. Please see the credit unions website or contact them by phone at (574) 232-8012 or email them at memberservices@tcunet.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SOUTH BEND, IN.

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

Charter Number 60060
Address 110 S MAIN ST 
State Indiana 
Zip-Code 46601
Phone Number (574) 232-8012
Fax Number (574) 284-6287
Email Address: memberservices@tcunet.com
CEO/President Paul Marsh
Members 293,636 
Full-Time Employees 672 
Part-Time Employees 58 
Number of Branch Offices 54 
Total Assets 3,130,061,912 
Website http://WWW.TCUNET.com 

Compare Teachers Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
River Bend CU River Bend Federal 718 Chapin St 46601 (574) 288-1949 No 0.56
Policemen's CU POLICEMENS FEDERAL CREDIT UNION 1130 S Main St 46601 (574) 234-1524 No 0.69
South Bend Firefighters CU SOUTH BEND FIREFIGHTERS FCU 1122 S MAIN ST 46601 (574) 287-6161 No 0.69
South Bend Transit CU Emil "Lucky" Reznik Administration, Maintenance and Operations Facility 1401 S Lafayette Blvd Ste 100 46613 (574) 232-2192 No 0.89
Communitywide CU Warsaw 955 Husky Trl 46582 (574) 267-0100 No 1.05

Teachers Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Teachers 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 8.49 2.75 5.00 3.75 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 121 115 324 102 74
Rank Among All Indiana Credit Unions 9 15 59 13 7

Teachers Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.34 1.60 2.02
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 108 91 79 47
Rank Among All Indiana Credit Unions N/A 18 13 8 1
Teachers Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.49016,40344,602,163
All Other Unsecured Loans/Lines of Credit 8.00013,11219,127,126
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.75029,133545,406,018
Used Vehicle Loans 5.00068,081928,259,615
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.7509,3141,013,841,198
Total Other Real Estate Loans/Lines of Credit 3.7505,030113,849,150
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.75084616,566,494
TOTAL LOANS & LEASES 141,9192,681,651,764

Teachers Credit Union Real Estate Loans and Lines of Credit


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 4,933511,411,42838053,570,335
    b. 15 Years or less 4,035426,049,30026849,154,292
    a. > 15 years 20625,866,76925,784,646
    b. 15 Years or less 9529,073,523117,628,525
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 164,956,900164,900,969
Adjustable Rate > 1 yr 2916,483,278188,256,491


Closed-End Fixed Rate 55316,545,259541,223,935
Closed-End Adjustable Rate 167600
Open-End Adjustable Rate 4,47296,246,34159714,169,623
Open-End Fixed Rate 41,056,87400
TOTALS 14,3441,127,690,3481,346144,688,816


Interest Only & Payment Option 1st Mortgage Loans 4237,143,55756,116,036
Interest Only & Payment Option Other RE/LOC Loans 103,357,4267,826,323
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Teachers 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 Yes
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes