FIRST TRUST

P.O. BOX 2116
Michigan City, IN 46360

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 68596
Date Established 1959
Assets $117.46 million
Loans $31.32 million
Deposits $104.17 million
Capital $12.93 million

First Trust is an NCUA insured institution located in Michigan City, IN. It was founded in 1959 and has approximately $117.46 millions in assets.

Field of Membership Restrictions

First Trust Credit Union of Indiana is open to the residents and the people that maintain employment within these eligible counties: La Porte, Porter, Jasper, Newton, Pulaski, Starke and White, the employees of the credit union affiliated community partner companies, and the family members of the current credit union members.

Deposit Rates - September 18, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.60% $2,500 $9,999 Learn MoreShow Less
Money Market
0.75% $10,000 $24,999 Learn MoreShow Less
Money Market
0.85% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.20% $1,000 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.40% $1,000 - Learn MoreShow Less
6 Mo CD
1.30% $10,000 - Learn MoreShow Less
12 Mo CD
1.50% $10,000 - Learn MoreShow Less
18 Mo CD
1.60% $10,000 - Learn MoreShow Less
24 Mo CD
1.70% $10,000 - Learn MoreShow Less
30 Mo CD
1.75% $10,000 - Learn MoreShow Less
36 Mo CD
1.85% $10,000 - Learn MoreShow Less
48 Mo CD
1.95% $10,000 - Learn MoreShow Less
60 Mo CD
2.20% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.00% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.15% $5,000 $9,999 Learn MoreShow Less

Loan Rates - September 18, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FIRST TRUST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.662% 3.625% 0.50 $1,130 $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to FIRST TRUST
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Branches

Below are First Trust 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:
Fairfield,Connecticut


First Trust Locations


Financial Details

First Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Trust. 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
First Trust U.S. Average
4.97% 6.77

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 March 31, 2019, First Trust had $649,244 in non-current loans and $5,729 in owned assets. To cover these potential losses it had $12,932,784 in net worth and $246,758 in loans loss reserves. That gives it a Texas Ratio of 4.97%.

Net Worth
First Trust U.S. Average
11.01% 13.47%

First Trust FCU has a net worth of 11.01% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About First Trust

Branches and Savings

What is First Trust?

A federal credit union, registered with the NCUA under certificate #68596.
Learn more about credit unions here.

Is First Trust FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join First Trust?

Please see Field of Membership information above for information on who is eligible to join.

What are First Trust's share account and share certificate rates?

First Trust's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is First Trust?

First Trust has total capital of $12.93 million. Full information on First Trust's financial position is located above.

Who owns First Trust?

Credit Unions are owned by their members.

Where are First Trust branches located?

See branch locations nearby.

Are First Trust ATMs Open 24/7?

Do First Trust ATMs accept cash deposits?

Can First Trust customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does First Trust have a mobile app?

Does First Trust have mobile deposit?

Does First Trust have quick pay?

How can First Trust transfer money to other banks or credit unions?

Does First Trust report to credit bureaus?

Does First Trust use Chexsystems?

Does First Trust use Equifax?

What is First Trust's toll free phone number?

What is First Trust's ACH Routing Number?

What is First Trust's SWIFT code?

Where can I find First Trust's wire transfer form?

What is the First Trust address for deposits?

What Products Does First Trust Offer

Does First Trust offer mortgages?

Compare mortgage rates here.

Does First Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Trust offer auto and RV loans?

Compare auto loan rates here.

Does First Trust offer student loans or personal loans?

Compare personal loan rates here.

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