LOCAL 697 FEDERAL CREDIT UNION

Welcome to Local 697, your trusted credit union located at 7200 Mississippi St Ste 400, Merrillville, IN 46410. Since our establishment in 1958, we have been dedicated to serving our community with a focus on providing personalized financial services that meet the unique needs of each member. With a total membership of over 3,100 individuals, we pride ourselves on building lasting relationships and fostering a sense of belonging. At Local 697, we understand that financial stability is key to achieving your goals. Our total assets stand at an impressive $41,621,280, backed by a strong net worth of $7,515,786. We've made it our mission to empower you through various offerings such as personal banking, auto loans, mortgage loans, and business banking services. Currently, we hold $816,897 in deposits and have facilitated 1,148 loans and leases to support your dreams. Under the leadership of our CEO, Daniel Simon, and Board President, David Soderquist, we are committed to transparency and integrity in all our dealings. Our dedicated team of just four employees works diligently to ensure that every member receives exceptional service tailored to their financial needs. While members can visit us at the branch for assistance or inquiries, official correspondence should be sent to the same address: 7200 MISSISSIPPI ST STE 400, MERRILLVILLE, IN 46410. We invite you to explore our website at Local 697 for more information on our products and services. Whether you're looking for competitive loan rates or efficient online banking solutions, we're here to help you navigate your financial journey. Feel free to give us a call at 219-845-6040 during our operating hours from Monday through Friday between 9:00 AM and 5:00 PM. Join us in making your financial aspirations a reality!

At Local 697, we believe that becoming a member means joining a supportive community where your financial well-being is our priority. If you're looking to experience personalized service and a range of beneficial products, you might be just the right fit for us! Membership is open to anyone who lives, works, worships, or attends school in the Lake County area, making it easy for local residents to access our services. Additionally, if you have family members who are already part of our credit union, they can help you on your journey to membership as well. To kickstart your membership with Local 697, all you need to do is visit us at 7200 Mississippi St Ste 400 Merrillville In 46410 or give us a call at (219) 845-6040. We're here to guide you through the account opening process, which is simple and straightforward. For more detailed information about eligibility criteria, feel free to check out this resource: Eligibility Details. We can't wait for you to join our family and enjoy all the advantages that come with being a member!

At Local 697, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a strong financial foundation to serve our community effectively. With a net worth of $7,515,786, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,806 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $0 in share certificates and $0 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $948,356 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $537 in used auto loans and $20,424,097 in total loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is highlighted by our $134,234, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 4 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $20,614,291. Total Share and Deposit Accounts: 4,165, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Local 697 is your trusted partner. Visit us at 7200 Mississippi St Ste 400 Merrillville In 46410 or call (219) 845-6040 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.