Thanks to the voting efforts of our members, ITT Employees' Federal Credit Union has been voted as the best credit union in Fort Wayne in a Fort Wayne Newspapers survey. This meshes nicely with ITT being voted as The Best Place To Work in Fort Wayne for two consecutive years!
On behalf of the ITT Employees' Federal Credit Union Board and Staff we say "Thank you" for your vote of support and confidence!
Click here to view an informational presentation about ITT Employees' Federal Credit Union
Our mission is to offer a variety of competitive financial services in a friendly, efficient, convenient and confidential manner.
The Federal Credit Union Act authorizing the organization of Federal Credit Unions was passed in 1934. The purpose of credit unions was to provide thrift among their membership and were made up of people with a "common bond" or "common interest" who would save their money together and make low interest loans to each other from the accumulated funds for useful purposes. Owned and operated by its own members, the credit union is a mutual, nonprofit corporation. Our members elect a board of directors to manage the organization.
On June 8, 1935, Capehart employees were granted Federal Charter No. 379, and on June 19, 1935, Capehart Employees' Federal Credit Union started operation. Through our many years of service, our credit union had two name changes. In August 1940, we became Farnsworth Employees' Federal Credit Union; and in August 1959, we changed to our present name of ITT Employees' (Fort Wayne Division) Federal Credit Union.
Our current field of membership is Employees of ITT who work in or are paid from Fort Wayne, Indiana; Employees of this credit union; persons retired as pensioners or annuitants from the above employment; members of the immediate family or household and organizations of such persons.
