Forum Credit Union

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A short history of Forum CU

Since its inception in 1941 the Forum Credit Union has been serving its members in the INDIANAPOLIS, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Doug True, the Forum CU has grown its membership to over 142,811 with assets of more than $1,366,401,900. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (317) 558-6000 or email them at forum@forumcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in INDIANAPOLIS, IN.

General Information For Forum CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68248
Address P.O. BOX 50738 
City INDIANAPOLIS 
State Indiana 
Zip-Code 46250
Phone Number (317) 558-6000
Fax Number () -
Email Address: forum@forumcu.com
CEO/President Doug True
Members 142,811 
Full-Time Employees 338 
Part-Time Employees
Number of Branch Offices 14 
Total Assets 1,366,401,900 
Website http://www.forumcu.com 

Compare Forum Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Financial Center First CU Greenwood 20 N Emerson Ave 46143 (317) 889-8770 No 4.22
Sheet Metal Workers CU Sheet Metal Workers FCU 2828 E 45th St 46220 (317) 549-6009 No 5.57
Family Horizons CU Greenfield Office 216 W Muskegon Dr 46140 (317) 462-5500 No 8.00
Mt Zion Indianapolis CU Main Office 3549 Boulevard Pl 46208 (317) 923-4010 No 8.01
Financial Health CU FHFCU- East Branch 2401 E 10TH ST 46201 (317) 559-7270 No 9.85

Forum Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Forum Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.99 3.84 3.99 4.13 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 90 256 202 159 100
Rank Among All Indiana Credit Unions 8 56 36 25 11

Forum Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 1.50 0.10 0.25 1.00 1.49
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 30 129 105 174 95
Rank Among All Indiana Credit Unions 1 26 18 27 7
Forum Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.9908,98727,913,260
All Other Unsecured Loans/Lines of Credit 7.49011,34456,652,443
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.8407,912168,843,351
Used Vehicle Loans 3.99028,244434,098,890
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1301,950279,531,251
Total Other Real Estate Loans/Lines of Credit 4.0002,82282,176,884
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.10066816,221,715
TOTAL LOANS & LEASES 61,9271,065,437,794

Forum Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 57171,116,54628652,822,618
    b. 15 Years or less 747117,799,92413724,603,265
Balloon/Hybrid
    a. > 15 years 17947,624,9575920,140,754
    b. 15 Years or less 45342,989,824472,893,100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 1,40135,562,6751075,194,194
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,42146,614,2091487,467,247
Open-End Fixed Rate 0000
TOTALS 4,772361,708,135784113,121,178

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 34415,372,7222,893,100
Interest Only & Payment Option Other RE/LOC Loans 1,35845,445,9847,467,247
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Forum Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes