Crane Federal Credit Union

One West Gate Drive
Odon, IN 47562
812-863-7000
www.cranecu.org

NCUA

OverView
Rates
Health
Reviews

Crane Federal Credit Union is headquartered in Odon and is the 16^st largest credit union in the state of Indiana. It is also the 502^nd largest credit union in the nation. It was established in 1955 and as of December of 2012, it had grown to 92 employees and 31,547 members. Crane Federal Credit Union has a 5-star health rating.

Crane Federal Credit Union Routing Number: 283977688

Competitive CD Rates at Crane Federal Credit Union in Indiana - Local Only - 5/13/2010

Crane Federal Credit Union is offering several competitive CD rates for both their special and regular CDs. The two best specials include a 2.73% APY 33-month CD and a 1.61% APY 13-month CD. The comp ...

2.75% 25-Month CD at Crane Federal Credit Union in Indiana - Available Nationwide - 7/28/2009

Update 9/26/09: It has been reported that the credit union no longer accepts applications by mail.Crane Federal Credit Union has continued to offer competitive CD rates since I first reported on them in January. They currently have a 25-month certificate...

3.56% 25-Month CD & 3.25% 13-Month CD at Crane FCU in Indiana - Easy Membership - 1/29/2009

Crane Federal Credit Union is offering three competitive CD specials: a 3.25% APY 13-month CD, a 3.56% APY 25-month CD and a 3.85% APY 48-month CD. Minimum deposit is $500. These are available as both regular and IRA certificates. These special rates are...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Crane Federal Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.10%	-	-	Share Checking

Crane Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.30%	-	-	Vacation Club
0.25%	-	-	Christmas Club
0.25%	-	-	IRA Savings
0.25%	-	-	Coverdell Savings
0.10%	-	-	Shares

Crane Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$100k	-	Money Market Savings

Crane Federal Credit Union CD Rates

Apy	Min	Max	Product
1.36%	$500	-	60 Month CD
1.11%	$500	-	48 Month CD
0.80%	$500	-	36 Month CD
0.70%	$500	-	30 Month CD
0.60%	$500	-	24 Month CD
0.45%	$500	-	18 Month CD
0.40%	$500	-	12 Month CD
0.25%	$500	-	6 Month CD

Crane Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.36%	$500	-	60 Month CESA
1.36%	$500	-	60 Month IRA
1.11%	$500	-	48 Month IRA
1.11%	$500	-	48 Month CESA
0.80%	$500	-	36 Month IRA
0.80%	$500	-	36 Month CESA
0.70%	$500	-	30 Month CESA
0.70%	$500	-	30 Month IRA
0.60%	$500	-	24 Month IRA
0.60%	$500	-	24 Month CESA
0.45%	$500	-	18 Month IRA
0.45%	$500	-	18 Month CESA
0.40%	$500	-	12 Month IRA
0.40%	$500	-	12 Month CESA
0.25%	$500	-	6 Month IRA
0.25%	$500	-	6 Month CESA

Rates updated: 5/25/2013

Data for Q4 2012

Institution Statistics

CRANE
NCUA #	10544
BankRate Report	View
Year Chartered	1955
Employees	92
Primary Regulator
Assets and Liabilities
Assets	$412.07 million
Loans	$234.47 million
Deposits	$348.78 million
Equity Capital	$52.81 million
Loan Loss Allowance	$608,000
Unbacked Noncurrent Loans	$926,000
Real Estate Owned	$393,000
Historic Data - December 2011
Assets	$378.43 million
Equity Capital	$48.70 million
Loan Loss Allowance	$640,000
Unbacked Noncurrent Loans	$519,000
Real Estate Owned	$599,000
Profit Margin - Quarterly
Net Interest Margin	4.43%
Return on Assets	0.92%
Return on Equity	7.2%
Interest Income	$14.15 million
Non-Interest Income	$4.13 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Crane Federal Credit Union had $1.32 million in non-current loans and owned real-estate with $53.42 million in equity and loan loss allowances on hand to cover it. This gives Crane Federal Credit Union a Texas Ratio of 2.47% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Crane Federal Credit Union held steady from 2.27% as of December 31, 2011 to 2.47% as of December 31, 2012, resulting in a negative change of 8.98%. This indicates that the balance sheet and financial strength for Crane Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Crane Federal Credit Union has increased its total deposits by $15.09 million, resulting in 4.52% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Crane Federal Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Crane Federal Credit Union has $412.07 million in assets with $53.42 million in equity, resulting in a capitalization level of 12.96%, which is excellent.