Everwise Credit Union
Headquarters
110 S Main St
South Bend, IN 46601
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Phone 1-574-232-8012
2024 Overview
General Credit Union Information
Everwise is an NCUA insured institution located in South Bend, IN. It was founded in 1931 and has approximately $5173.91 millions in assets.
Who can join?
There are four basic ways to become eligible for TCU membership.
Live or work in one of the Counties served
Are a relative of a TCU member
Are an employee of a TCU Member Company
Are affiliated with a Partnering School District in TCU's membership
If you live or work in Adams County, Allen County, Bartholomew County, Blackford County, Boone County, Brown County, Center Township - Marion County, Clay County, Clinton County, Decatur County, Dekalb County, Delaware County, Elkhart County, Fountain County, Franklin Township - Marion County, Fulton County, Grant County, Hamilton County, Hancock County, Hendricks County, Henry County, Howard County, Huntington County, Jackson County, Jennings County, Johnson County, Kosciusko County, LaPorte County, Lawrence County, Lawrence Township - Marion County, Madison County, Marshall County - Indiana, Monroe County, Montgomery County, Morgan County, Noble County, Owen County, Perry Township - Marion County, Pike Township - Marion County, Porter County, Putnam County, Rush County, Shelby County, St. Joseph County, Starke County, Tippecanoe County, Tipton County, Vigo County, Wabash County, Warren Township - Marion County, Washington Township - Marion County, Wayne Township - Marion County, Wells County, White County, Whitley County, you are eligible to join.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 60060 |
| Date Established | 1931 |
| Assets | $5,173.91 million |
| Loans | $4,138.37 million |
| Deposits | $4,283.70 million |
| Capital | $453.65 million |
Field of Membership Restrictions
Membership in Teachers Credit Union is open to anyone who lives or works in Indiana or in Berrian or Cass counties in Michigan. (Membership requirements are listed in the online application).
Deposit Rates - April 27, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.05% | $2,500 | $9,999 |
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|
| SAV
|
0.10% | $10,000 | $99,999 |
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|
| Primary Share
|
0.10% | $100,000 | - |
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|
|
Money Market
|
0.75% | $0 | $100,000 |
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|
|
Money Market
|
1.26% | $100,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
1.19% | $500 | - |
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|
| 10 Mo CD
|
5.19% | $500 | - |
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|
| 12 Mo CD
|
1.36% | $500 | - |
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|
| 13 Mo CD
|
5.24% | $500 | - |
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|
| 18 Mo CD
|
1.62% | $500 | - |
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|
| 24 Mo CD
|
2.22% | $500 | - |
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|
| 36 Mo CD
|
2.65% | $500 | - |
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|
| 60 Mo CD
|
2.84% | $500 | - |
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|
| 72 Mo CD
|
3.04% | $500 | - |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| INTCK
|
0.05% | $0 | $50,000 | Learn More |
| INTCK
|
0.15% | $50,000 | - | Learn More |
Loan Rates - April 27, 2024
Your Current Location: Ohio, OH 43085
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
5.24% | 5.24% | Varies | |
Compare with 7.49 RATE Line of Credit from Third Federal Savings and Loan
See All Home Equity Rates |
||||
| 10 Year Loan
See Table |
5.75% | 5.75% | $1,097.69 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 5.25% | 5.25% | $752.08 | |
| 4 Year | 5.25% | 5.25% | $578.57 | |
| 5 Year | 5.25% | 5.25% | $474.65 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming See Amortization Table |
8.14% | 7.13% | $2,156.98 | |
| 15 Year Fixed Jumbo See Amortization Table |
7.06% | 7.00% | $2,876.25 | |
| 15 Year Fixed Conforming See Amortization Table |
7.12% | 7.00% | $2,876.25 | |
| 20 Year Fixed Conforming See Amortization Table |
7.34% | 7.25% | $2,529.20 | |
| 20 Year Fixed Jumbo See Amortization Table |
7.42% | 7.38% | $2,554.47 | |
| 30 Year Fixed Conforming See Amortization Table |
7.44% | 7.38% | $2,211.25 | |
| 30 Year Fixed Jumbo See Amortization Table |
7.53% | 7.50% | $2,237.49 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming See Amortization Table |
8.14% | 7.13% | $2,156.98 | |
| 15 Year Fixed Jumbo See Amortization Table |
7.06% | 7.00% | $2,876.25 | |
| 15 Year Fixed Conforming See Amortization Table |
7.12% | 7.00% | $2,876.25 | |
| 20 Year Fixed Conforming See Amortization Table |
7.34% | 7.25% | $2,529.20 | |
| 20 Year Fixed Jumbo See Amortization Table |
7.42% | 7.38% | $2,554.47 | |
| 30 Year Fixed Conforming See Amortization Table |
7.44% | 7.38% | $2,211.25 | |
Compare with 6.787% APR and 6.750% 30-Year Fixed RATE from District Lending
See All Mortgage Rates |
||||
| 30 Year Fixed Jumbo See Amortization Table |
7.53% | 7.50% | $2,237.49 | |
|
Compare with 6.787% APR and 6.750% 30-Year Fixed RATE from District Lending
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are Everwise branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
EVERWISE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Everwise Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Everwise. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Everwise | U.S. Average |
|---|---|
| 15.20% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Everwise had $69,631,432 in non-current loans and $4,112,679 in owned assets. To cover these potential losses it had $453,648,166 in net worth and $31,656,201 in loans loss reserves. That gives it a Texas Ratio of 15.20%.
Net Worth
| Everwise | U.S. Average |
|---|---|
| 8.74% | 13.62% |
Everwise FCU has a net worth of 8.74% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Everwise
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