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201 N Main St
Tipton, IN 46072

Encompass Credit Union is headquartered in Tipton and is the 26th largest credit union in the state of Indiana. It is also the 1,058th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 37 employees and 15,711 members. Encompass Credit Union's savings rates are 2X the national average, and it has a A health rating.

Field of Membership Restrictions

Membership in Encompass Credit Union is open to anyone who lives, works, worships, or attends school in Tipton or Clinton County, Indiana. Businesses and organizations can join as well. To become a member, simply open a savings account with a minimum deposit of $5 at any of our 3 locations. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Encompass Credit Union had $745,000 in non-current loans and owned real-estate with $16.93 million in equity and loan loss allowances on hand to cover it. This gives Encompass Credit Union a Texas Ratio of 4.40% 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 Encompass Credit Union experienced no significant changes from 4.76% as of March 31, 2013 to 4.40% as of March 31, 2014, resulting in a positive change of 7.55%.This indicates that the balance sheet and financial strength for Encompass Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Encompass Credit Union has increased its total deposits by $5.7 million, resulting in 3.9% 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 Encompass Credit Union has shown is excellent.



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. Encompass Credit Union has $168.45 million in assets with $16.93 million in equity, resulting in a capitalization level of 10.05%, which is above average.

Institution Statistics

NCUA #8548
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$168.45 million
Loans$107.84 million
Deposits$151.64 million
Equity Capital$15.61 million
Loan Loss Allowance$1.32 million
Unbacked Noncurrent Loans$745,000
Real Estate Owned$0
Historic Data - March 2013
Assets$161.60 million
Equity Capital$14.45 million
Loan Loss Allowance$1.03 million
Unbacked Noncurrent Loans$745,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.3%
Return on Assets0.67%
Return on Equity7.2%
Interest Income$1.77 million
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Encompass Credit Union Savings Account Rates

1.25%--IRA - monthly adjustable
0.15%--Regular Savings
0.15%--Christmas Club
0.15%--Vacation Club

Encompass Credit Union Checking Account Rates

0.15%--Draft Checking

Encompass Credit Union CD Rates

1.26%$500-36 Month CD
1.26%$500-48 Month CD
1.26%$500-60 Month CD
1.00%$500-24 Month CD
0.75%$500-18 Month CD
0.50%$500-12 Month CD
0.25%$500-6 Month CD

Encompass Credit Union Locations
Branch Office201 N Main StTipton, IN 46072
Branch Office2115 W Holiday RdFrankfort, IN 46041-9100
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