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City Trust Credit Union

Overview
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City Trust Credit Union is a federal credit union based in Fort Wayne, Indiana. It has been opened since 1953, for 67 years.

With around $9,940,000 in assets, City Trust Credit Union is considered to be a medium size credit union.

About
Address 1020 W. State Boulevard
Fort Wayne, Indiana 46808
Website http://www.citytrustfcu.com
Phone (260) 483-5661
Fax (260) 482-2126
CEO Diane Brown
President of the Board Ricky Orr
Services Offered
Map
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Score Card
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67 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
859 members
Membership type: Multiple common bond – primary communications and utilities
Below average number of members
245:1
Credit union member to staff ratio
245 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$9,940,157
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Indiana
Average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 3 in Indiana
Average number of branches
City Trust Credit Union Branch Locations

City Trust Credit Union: 1020 W. State
1020 W. State Boulevard
Fort Wayne, Indiana 46808
No ATM
Members
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859 members
Membership type: Multiple common bond – primary communications and utilities
Below average number of members

With 859 members, the City Trust Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 83% of credit unions.

Fees
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$64
Average fee per member
The average fee per member at the City Trust Credit Union is $64, which is high compared to most credit unions. This rate is higher than 62% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the City Trust Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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245:1
Credit union member to staff ratio
245 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
4 staff members
FTE (full-time equivalent)
25% of employees are part-time
3 full-time, 1 part-time

City Trust Credit Union has 3 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 75% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. City Trust Credit Union has around 245 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$9,940,157
Total assets
Below average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.3%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$10,442
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 53% of credit unions.

City Trust Credit Union holds a total of $2,920,000 in loans and leases, which is about $10,442 per member on average.

Savings interest rate
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. City Trust Credit Union pays 0.10%.

Loan rates
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10.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.29%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.29%
New car loan rate
Compared to 4.0% nationally
3.79%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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