FIRST TRUST Credit Union Profile

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FIRST TRUST

Charter #68596 | NCUA Region 2 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (800) 276-6161

Fax: (219) 873-1331

Founding Date: N/A

Website: https://www.firsttrustcu.com

Personnel & Operations

President: Tillema, Robert

Manager: Kniola, Kim

FT Employees: 35

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 4

Hours: 8:00 to 5:30 Mon to Thur. 8:00 to 6:00 Fri

Credit Union Profile Summary

FIRST TRUST is a FISCU Credit Union. With a total of 14,631 members ^[1], this institution manages approximately $180,895,015 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.58% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.39% ^[1].

Financial Snapshot

Total Assets ^[1]

$180,895,015

Total economic resources.

Total Loans ^[1]

$49,358,681

Total value of outstanding loans.

Total Deposits ^[1]

$157,668,887

Total funds deposited by members.

Members ^[1]

14,631

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

12.58%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.58%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

31.31%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 7.73%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 3.39%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 2.62%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

950 E US Highway 20

Michigan City, IN, 46360-7470

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 4 branches reported by FIRST TRUST (Charter #68596).

Main Office

First Trust Federal Credit Main Office

Type: Corporate Office

950 E US Highway 20

Michigan City, IN 46360-7470

Phone: (800) 276-6161

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

La Porte