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MIDWEST CARPENTERS and MILLWRIGHTS

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MIDWEST CARPENTERS and MILLWRIGHTS Rates & Review April 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, MIDWEST CARPENTERS and MILLWRIGHTS provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: April 25, 2026

You can compare MIDWEST CARPENTERS and MILLWRIGHTS rates to other rates in our database, including 12-month share certificate rates currently at 3.30%, 6-month share certificate rates at 1.00% and 3-month share certificate rates at 0.30%. Savings rates are at 0.25% and money market rates are at 2.25%. Mortgage rates on 30-year fixed loans are around 6.13%. All these rates can be compared to MIDWEST CARPENTERS and MILLWRIGHTS rates. MonitorBankRates evaluates the financial stability of MIDWEST CARPENTERS and MILLWRIGHTS with a 4.9 Star Rating, an A Overall Health Grade, and a Texas Ratio of 11.53%. Rates were last updated on 04/25/2026.

MIDWEST CARPENTERS and MILLWRIGHTS money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at MIDWEST CARPENTERS and MILLWRIGHTS? Share your experience about MIDWEST CARPENTERS and MILLWRIGHTS by leaving a review below, or read customer reviews before you decide to use MIDWEST CARPENTERS and MILLWRIGHTS.

Overall Health & Safety Grade

Excellent Health Score: 94/100

MonitorBankRates Rating

4.9

Exceptional Out of 5.0 Stars

Texas Ratio

11.53%

Excellent Higher than avg

CBW Bank
Credit Union Main Office

680 N Union St
Hobart, IN 46342 2589

http://www.mcmfcu.com

Current Rate Availability

We do not have MIDWEST CARPENTERS and MILLWRIGHTS rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for MIDWEST CARPENTERS and MILLWRIGHTS is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather MIDWEST CARPENTERS and MILLWRIGHTS rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with MIDWEST CARPENTERS and MILLWRIGHTS's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name MIDWEST CARPENTERS and MILLWRIGHTS

Website http://www.mcmfcu.com

Address 680 N Union St, Hobart, IN 46342 2589

Phone 219-947-1568

Fax 219-942-3447

President Steve Kozel

CEO Randy Baldwin

Full-Time Employees 27

Part-Time Employees 1

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

4.9 / 5.0 ★

Overall Health & Safety Grade

A (94/100)

Texas Ratio

11.53%

Return on Assets (ROA)

0.1652%

Return on Equity (ROE)

2.3782%

Non-Performing Loans Ratio (NPL)

1.72%

Total Assets

94,404,812

Total Amount of Shares and Deposits

86,816,923

Total Shares and Deposits < 1 Year

78,822,241

Total Shares and Deposits 1 3 Years

5,645,777

Total Shares and Deposits > 3 Years

2,348,905

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,626,060

Total Uninsured Shares and Deposits > $250K (F+J)

6,801,786

Total Insured Shares and Deposits > $250K (item 17 less item K)

80,015,137

Total Interest Expense (Sum of items 6 8)

348,334

Share Certificates

330

Number of Accounts for Share Drafts

3,533

IRA KEOGH Accounts

323

Number of Accounts for Regular Shares

17,238

All other shares

107

Non Member Deposits

10,495

Net Income (unless the amount is already included in Undivided Earnings)

155,978

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

7,213,406

Total Liabilities

87,846,181

Source: NCUA — Last Updated 09/30/2023

Customer Reviews

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Total Reviews

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Frequently Asked Questions About MIDWEST CARPENTERS and MILLWRIGHTS

Is MIDWEST CARPENTERS and MILLWRIGHTS a safe place to deposit money?

Yes, MIDWEST CARPENTERS and MILLWRIGHTS is considered a safe financial institution. With a Texas Ratio of 11.529677458604%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does MIDWEST CARPENTERS and MILLWRIGHTS operate?

MIDWEST CARPENTERS and MILLWRIGHTS currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join MIDWEST CARPENTERS and MILLWRIGHTS?

Yes, to access services at MIDWEST CARPENTERS and MILLWRIGHTS, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, MIDWEST CARPENTERS and MILLWRIGHTS does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, MIDWEST CARPENTERS and MILLWRIGHTS provides members with tools to manage their accounts and build a solid financial history.

Does MIDWEST CARPENTERS and MILLWRIGHTS offer online and mobile banking?

Most modern institutions like MIDWEST CARPENTERS and MILLWRIGHTS provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.mcmfcu.com.