We obtained our charter in September of 1960, as the Carpenters Local 599 Federal Credit Union. Two months after opening, we had a total of 27 members! In 1970 we changed our name to the Indiana Carpenter’s Federal Credit Union. In 1993, we joined the Credit Union Service Centers of Indianapolis in order to provide a shared branch network for our members. In 2006, we changed our name to Midwest Carpenters and Millwrights Federal Credit Union, and in 2011 we expanded our membership to include members of the Indiana / Kentucky / Ohio Regional Council of Carpenters (IKORCC). In 2014, we became an outlet center to serve not only our members, but also thousands of guest members of other credit unions. This led to our credit union purchasing the other half of our building and hiring many new staff members, positioning us for future growth.
Our Credit Union Today
Today, our credit union consists of over 18,000 members, all of whom are union carpenters, millwrights and their family members. The majority of our members are located in Indiana, Kentucky and Ohio. We currently have approximately 655 shared branching locations in those three states, and over 5,000 locations nationwide. As we continue to grow, we will always strive to accommodate our members in ways that best fit your unique needs. Our credit union is proud of our hard-working members, and we strive to continuously enhance services to you. Growth has not always come easily because we have a closed field of membership of only union carpenters, millwrights and their family members. We are so grateful to serve you and be your primary financial institution. We hope that we can continue to build our membership in those three states for years to come.
The Midwest Carpenter’s and Millwright’s Federal Credit Union exists to provide quality financial services and benefits to members utilizing cooperative principals while emphasizing long term financial stability.