Credit Unions Near Me
National Credit Union Service Organization

MIDWEST CARPENTERS & MILLWRIGHTS FEDERAL CREDIT UNION

Mar, 31, 2021 — MIDWEST CARPENTERS & MILLWRIGHTS FEDERAL CREDIT UNION is a federal credit union headquartered in HOBART, IN with 1 branch location and about $106.24 million in total assets. Opened 61 years ago in 1960, MIDWEST CARPENTERS & MILLWRIGHTS FEDERAL CREDIT UNION has about 19,405 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 271991155
Name:MIDWEST CARPENTERS & MILLWRIGHTS FEDERAL CREDIT UNION
Address:
(Main Office)
680 N UNION ST
HOBART, IN 46342-2589
Phone:(219) 947-1568
Fax:(219) 942-3447
Website:http://www.mcmfcu.com
Branches:1 branch locations
Members:19,405
Credit Union Type:Federal Credit Union
Charter Number:13959
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$106,235,704
CEO/Manager:William Lowry
Chairperson:Steve Kozel

Call Report

  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,996,880
TOTAL INVESTMENTS 38,898,903
Loans Held for Sale 0
 
 Real Estate Loans 16,107,977
 Unsecured Loans 3,959,894
 Other Loans 20,822,818
 TOTAL LOANS 40,890,689
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -348,439
 Land And Building 333,000
 Other Fixed Assets 115,519
 NCUSIF Deposit 906,066
 All Other Assets 443,086
  TOTAL ASSETS 106,235,704
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,788,194
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 42,047,691
 Regular shares 26,869,659
 All Other Shares & Deposits 27,402,362
  TOTAL SHARES & DEPOSITS 96,319,712
  TOTAL LIABILITIES 100,107,906
 Regular Reserve 3,058,632
 Other Reserves 0
 Undivided Earnings 3,069,166
  TOTAL EQUITY 6,127,798
  TOTAL LIABILITIES, SHARES, & EQUITY 106,235,704
INCOME & EXPENSE  
 Loan Income 456,462
 Investment Income 104,632
 Other Income 266,397
 Total Employee Compensation & Benefits 350,130
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 561,800
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 19,395
 Cost of Funds 123,269
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -227,103
↑ Back to Top

Other Credit Unions

GARY POLICE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION
555 POLK St., Ste 2017
GARY, IN 46402-1741
GARY MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
401 BROADWAY, ROOM B1
GARY, IN 46402
HOBART IND SCHOOL EMPLOYEES FEDERAL CREDIT UNION
2211 E 10TH ST
HOBART, IN 46342-5313
NORTHERN INDIANA FEDERAL CREDIT UNION
8121 Grand Blvd
MERRILLVILLE, IN 46410
PROFINANCE FEDERAL CREDIT UNION
7700 Broadway
MERRILLVILLE, IN 46410
LOCAL 697 FEDERAL CREDIT UNION
7200 MISSISSIPPI ST STE 400
MERRILLVILLE, IN 46410
GESB SHEET METAL WORKERS FEDERAL CREDIT UNION
6450 AMERIPLEX DRIVE
PORTAGE, IN 46368
MIDWEST FAMILY FEDERAL CREDIT UNION
PO BOX 48
PORTAGE, IN 46368-0048
FINANS FEDERAL CREDIT UNION
7017 KENNEDY AVE
HAMMOND, IN 46323