Sep, 30, 2025 — MIDWEST FAMILY FEDERAL CREDIT UNION is a federal credit union headquartered in PORTAGE, IN with 1 branch location and about $37.96 million in total assets. Opened 64 years ago in 1962, MIDWEST FAMILY FEDERAL CREDIT UNION has about 2,596 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MIDWEST FAMILY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2832 WILLOWCREEK RD PORTAGE, IN 46368 |
| Phone: | (219) 763-5640 |
| Fax: | (219) 763-5102 |
| Website: | https://www.mwffcu.org |
| Branches: | 1 branch locations |
| Members: | 2,596 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15007 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $37,964,746 |
| CEO/Manager: | Robin L Bowman |
| Chairperson: | Kurt Knutsen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,522,176 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,748,824 |
| Unsecured Loans | 1,684,627 |
| Other Loans | 12,386,893 |
| TOTAL LOANS | 18,820,343 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -184,779 |
| Land And Building | 977,748 |
| Other Fixed Assets | 197 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 324,803 |
| All Other Assets | 0 |
| TOTAL ASSETS | 37,964,746 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -690,765 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,478,309 |
| Regular shares | 25,014,189 |
| All Other Shares & Deposits | 1,841,625 |
| TOTAL SHARES & DEPOSITS | 34,334,123 |
| TOTAL LIABILITIES | 33,643,358 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,321,388 |
| TOTAL EQUITY | 4,321,388 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 37,964,746 |
| INCOME & EXPENSE | |
| Loan Income | 799,442 |
| Investment Income | 300,720 |
| Other Income | 295,761 |
| Total Employee Compensation & Benefits | 498,143 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 685,849 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,645 |
| Cost of Funds | 53,594 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 132,473 |
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