Public Charity

FIRST TRUST CREDIT UNION

FIRST TRUST CREDIT UNION, of MICHIGAN CITY, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $10.3M in revenue, $7.1M in expenses, $184.6M in total assets.

EIN: 351089892 MICHIGAN CITY, IN Latest filing: 2025
Total Revenue$10.3M
Total Expenses$7.1M
Total Assets$184.6M
Grant Records0
Filing Years2021–2025

Mission

THE CREDIT UNION ANTICIPATES AND PROVIDES FINANCIAL NEEDS, WANTS, AND GOALS FOR OUR MEMBER-OWNERS, INCLUDING VARIOUS LOANS AT REASONABLE RATES AND SAVINGS ACCOUNTS WITH A GOOD RETURN.

Where $100 goes at First Trust Credit Union

How First Trust Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
First Trust Credit Union offers its members low cost consumer loans and competitive rates on regular savings, certificates of deposits, ira's, money markets, and club accounts,
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIRMAN Bob Tillema
CFO Dan Rajsic
TREASURER & VICE CHAIR James Mink
BOARD MEMBER John Henderson
BOARD MEMBER Judy Wright
BOARD MEMBER Kathryn Harrow

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $10.3M $7.1M $184.6M
2024 $8.7M $6.4M $176.4M
2023 $7.0M $5.4M $160.8M
2022 $6.2M $4.9M $171.7M
2021 $5.7M $4.6M $164.8M

Between 2021 and 2025, reported annual revenue grew from $5.7M to $10.3M (+80%), with total assets most recently reported at $184.6M.

Interactive year-over-year charts and full filing details available with membership.

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