Credit union · NCUA insured
First Trust Credit Union
A $192.6M credit union headquartered in Michigan City, IN, with 15,060 members and 4 branches in Indiana. Best rates: CDs 3.75% and savings 2.00% APY.
First Trust Credit Union Carrot Score
82
Carrot Score
Higher than 59% of U.S. banks and credit unions
#49 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About First Trust Credit Union
Originally chartered in 1959 as La Porte County School Employees Federal Credit Union, First Trust Credit Union is a member-owned institution that became a state-chartered community credit union in 2009.
Headquartered in Michigan City, Indiana, the credit union operates four full-service office locations.
- Headquarters
- 950 E US Highway 20, Michigan City, IN 46360-7470
- NCUA charter
- 68596
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Eligibility is open to individuals who live or work in Indiana's La Porte, Porter, Jasper, Newton, or Pulaski Counties.
Employers and groups
- Eligibility is open to individuals who work for one of the credit union's Community Partners in La Porte, Porter, Jasper, Newton, Pulaski, Starke, or White Counties.
Family and household
- Eligibility is open to individuals with family members of the credit union, defined as parents, children, spouse, siblings, grandparent, grandchildren, stepparents, stepchildren, stepsiblings, or adoptive relationships.
Branches
4 branches in Indiana
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Indiana
4 branches
Michigan City area · 2
- First Trust Federal CreditMain office950 E US Highway 20, Michigan City, IN 46360Directions
- First Trust Credit Union402 J St, La Porte, IN 46350Directions
Chicago area · 2
- First Trust Credit Union1404 Lincolnway, Valparaiso, IN 46383Directions
- First Trust Credit Union4259 W State Road 10, Wheatfield, IN 46392Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 13.44% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 3.08% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.32% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $32 | $76 | — |
- CapitalNet worth ratio13.44%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late3.08%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.32%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$32Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of First Trust Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.