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P.O. Box 50738
Indianapolis, IN 46250

FORUM Credit Union is headquartered in Indianapolis and is the 6th largest credit union in the state of Indiana. It is also the 230th largest credit union in the nation. It was established in 1941 and as of December of 2013, it had grown to 290 employees and 110,829 members. FORUM Credit Union's savings rates are 4X the national average, and it has a A health rating.

Field of Membership Restrictions

Eligibility depends upon residence in central Indiana or employment at select companies. - See Details

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Reviews (4)

Forum Is All About The Fees

I have been with Forum for awhile, and it is past time to switch to another financial institution. Forum is definitely about finding ways to charge fees for their customers. Unlike some other financial institutions, they will credit your deposit last, after taking out your transactions, to cause you to incur fees. Also, they don't limit the number of NSF fees they charge per day (Chase charges a max of 3), so each check/debit they process that day will be an extra $39 after the overdraft fee and transaction fee. I don't know how many times they have given me fees, even though I have made a large deposit that day, because they take transactions out first. Huntington Bank with it's 24-hour grace, here I come!

Best Service

I've been a member for a long time now, the overall service is wonderful, and the people and staff are extremely friendly. I recommend this Credit Union to everyone. I wrote this because I saw a nasty review from someone who had a problem taking responsibly for their own finances. If people like this would spend more time watching their own finances vs. writing uncalled-for hate mail to a business that is truly loved by most, they would be a much happier person. Thanks Forum for doing a great job.

New Security Program

Their new security system stinks, it is impossible to log in without calling and getting a new security code every friggn time, ready to change banks.

An Ok Place To Bank

I have been banking here for many years. When I first started banking here, it was a very friendly place that seemed to care about their customers and took their time to meet customers needs. Over the years and as they have grown, I have noticed that the level of service has declined. They have started charging more fees and are not the friendly place that I use to bank. I have thought many times about changing banks to a smaller more home town bank where I would be well known and not just a face, but a name. The only reason that I have not changed is because of all of the automatic things that come out of my account and it would be a pain to move all of that. I really do not feel like I am known at this bank anymore, because they have gotten so big and no longer make customer service a priority. I guess maybe I am old fashioned in wanting my bank to know me. I am all about good customer service and I just don't feel like I am getting here any more like I use to. One of the worst places that I have received customer service from them is having to call their customer service number. The people I have talked to there have been downright rude at times. You would think at least the customer service people would provide quality customer service, but it is not the case.


Data for Q4 2013

Institution Health


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, 2013 FORUM Credit Union had $5.5 million in non-current loans and owned real-estate with $123.78 million in equity and loan loss allowances on hand to cover it. This gives FORUM Credit Union a Texas Ratio of 4.44% 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 FORUM Credit Union experienced no significant changes from 4.02% as of December 31, 2012 to 4.44% as of December 31, 2013, resulting in a negative change of 10.59%. This indicates that the balance sheet and financial strength for FORUM Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, FORUM Credit Union has increased its total deposits by $18.63 million, resulting in 2.64% 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 FORUM Credit Union has shown is above average.



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. FORUM Credit Union has $931.39 million in assets with $123.78 million in equity, resulting in a capitalization level of 13.29%, which is excellent.

Institution Statistics

NCUA #68248
Year Chartered1941
Primary Regulator
Assets and Liabilities
Assets$931.39 million
Loans$717.18 million
Deposits$724.71 million
Equity Capital$114.29 million
Loan Loss Allowance$9.49 million
Unbacked Noncurrent Loans$3.81 million
Real Estate Owned$1.69 million
Historic Data - December 2012
Assets$937.45 million
Equity Capital$109.97 million
Loan Loss Allowance$10.05 million
Unbacked Noncurrent Loans$3.81 million
Real Estate Owned$2.54 million
Profit Margin - Quarterly
Net Interest Margin3.84%
Return on Assets0.46%
Return on Equity3.75%
Interest Income$32.25 million

Always verify rates and promotions with the bank or credit union. We are not FORUM Credit Union, we are a rate comparison website and can not provide official rates or promotions.

FORUM Credit Union Savings Account Rates

2.00%--CommonCents Savings
0.60%$7,500-Health Savings Money Market Account
0.40%$75k-IRA Savings
0.40%$75k-Roth IRA Savings
0.40%$75k-Coverdell Education Savings Account
0.30%$25-Weekly 5 Club
0.10%$100-Regular Savings
0.10%$100-Special Savings
0.10%--Santa Savings
0.00%--Health Savings Account

FORUM Credit Union Money Market Rates

0.40%$250k-Platinum Money Market Account
0.30%$25k-Crossover Money Market Account
0.15%$50k-Prestige Money Market Account

FORUM Credit Union Checking Account Rates

1.50%-$25kYOUR Checking

FORUM Credit Union CD Rates

1.50%$500-72 Month CD
1.50%$500-84 Month CD
1.50%$500-96 Month CD
1.50%$500-108 Month CD
1.50%$500-120 Month CD
1.15%$500-60 Month CD
1.00%$500-33 Month CD FLEX
0.75%$500-48 Month CD
0.55%$500-36 Month CD
0.50%$500-30 Month CD FLEX
0.50%$500-16 Month CD AWARE
0.35%$500-24 Month CD
0.25%$500-15 Month CD FLEX
0.25%$500-18 Month CD
0.20%$500-12 Month CD
0.12%$500-6 Month CD
0.08%$500-91 Day CD

FORUM Credit Union IRA Rates

1.50%$500-72 Month IRA (Traditional,Roth,CESA)
1.50%$500-84 Month IRA (Traditional,Roth,CESA)
1.50%$500-96 Month IRA (Traditional,Roth,CESA)
1.50%$500-108 Month IRA (Traditional,Roth,CESA)
1.50%$500-120 Month IRA (Traditional,Roth,CESA)
1.50%$500-60 Month Liquid IRA (Traditional,Roth,CESA)
1.15%$500-60 Month IRA (Traditional,Roth,CESA)
1.00%$500-33 Month IRA FLEX (Traditional,CESA,Roth)
0.75%$500-48 Month IRA (Traditional,Roth,CESA)
0.55%$500-36 Month IRA (Traditional,Roth,CESA)
0.50%$500-16 Month IRA AWARE (Traditional,Roth,CESA)
0.50%$500-30 Month IRA FLEX (Traditional,Roth,CESA)
0.35%$500-24 Month IRA (Traditional,Roth,CESA)
0.25%$500-15 Month IRA FLEX (Traditional,Roth,CESA)
0.25%$500-18 Month IRA (Traditional,Roth,CESA)
0.20%$500-12 Month IRA (Traditional,Roth,CESA)
0.12%$500-6 Month IRA (Traditional,Roth,CESA)
0.08%$500-91 Day IRA (Traditional,Roth,CESA)

FORUM Credit Union has 13 locations. Click to view all FORUM Credit Union locations.