First Trust
First Trust is a credit union based in Michigan City, Indiana, established in 1959, with $193 million in total assets serving 15,060 members. By Trust Grade it ranks 29th of 124 credit unions we track in Indiana. Its net worth ratio of 13.0% is stronger than 72% of similarly sized credit unions, versus a Indiana median of 12.8%. It was profitable over the most recent period, with a 1.25% return on assets. No consumer complaints against First Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Trust compares to Indiana peers
How we graded First Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.0% capital ratio)
- Strongly profitable (ROA 1.25%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Trust insured?
Yes. First Trust is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Trust: frequently asked questions
Is First Trust a good credit union?
First Trust earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.0% capital ratio); Strongly profitable (ROA 1.25%).
Is First Trust NCUA-insured?
Yes. First Trust is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is First Trust?
First Trust holds $193 million in total assets, ranking 29th of 124 credit unions we track in Indiana. It serves 15,060 members.
Does First Trust have CFPB complaints?
No CFPB complaints against First Trust appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
