Midwest Family Credit Union is a federal credit union based in Portage, Indiana. It has been opened since 1962, for 60 years.
With around $29,000,000 in assets, Midwest Family Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.
|Address|| Po Box 48 |
Portage, Indiana 46368
|CEO||Robin L. Bowman|
|President of the Board||Kurt Knutsen|
|Services Offered|| |
With 2,942 members, the Midwest Family Credit Union is considered to be a medium size credit union. It is larger than 44% of credit unions.
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 Midwest Family Credit Union. Some credit unions tend to charge more fees, while others charge less.
Midwest Family Credit Union has 8 full-time staff members and 0 part-time staff members.
The number of members relative to staff members is an indication of how well staffed the credit union is. Midwest Family Credit Union has around 368 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.
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.
Midwest Family Credit Union holds a total of $14,570,000 in loans and leases, which is about $5,650 per member on average.
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. Midwest Family Credit Union pays 0.15%.