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5965 Technology Center Dr
Indianapolis, IN 46278

Northpark Community Credit Union is headquartered in Indianapolis and is the 50th largest credit union in the state of Indiana. It is also the 2,011st largest credit union in the nation. It was established in 1933 and as of March of 2014, it had grown to 20 employees and 7,311 members. Northpark Community Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of Dow Associated Companies Worldwide or several approved Business Partners. Also open to those who live or work in Boone, Clinton, Hamilton, Hendricks or Montgomery County or in any of the following townships of Marion County (Center, Decatur, Lawrence, Perry, Pike, Warren, Washington and Wayne). - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Northpark Community Credit Union has a relatively low asset base.

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 Northpark Community Credit Union had $213,000 in non-current loans and owned real-estate with $4.88 million in equity and loan loss allowances on hand to cover it. This gives Northpark Community Credit Union a Texas Ratio of 4.36% 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 Northpark Community Credit Union decreased dramatically from 10.72% as of March 31, 2013 to 4.36% as of March 31, 2014, resulting in a positive change of 59.31%.This indicates that the balance sheet and financial strength for Northpark Community Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Northpark Community Credit Union has increased its total deposits by $2.1 million, resulting in 3.66% 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 Northpark Community 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. Northpark Community Credit Union has $64.42 million in assets with $4.88 million in equity, resulting in a capitalization level of 7.58%, which is below average.

Institution Statistics

NCUA #60251
Year Chartered1933
Primary Regulator
Assets and Liabilities
Assets$64.43 million
Loans$54.59 million
Deposits$59.34 million
Equity Capital$4.64 million
Loan Loss Allowance$241,000
Unbacked Noncurrent Loans$122,000
Real Estate Owned$91,000
Historic Data - March 2013
Assets$61.98 million
Equity Capital$4.39 million
Loan Loss Allowance$425,000
Unbacked Noncurrent Loans$122,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.29%
Return on Assets0.84%
Return on Equity11.72%
Interest Income$751,000

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Northpark Community Credit Union Savings Account Rates

0.40%$4k-Premium IRA Savings
0.35%--IRA Savings
0.10%$5k-Regular Savings

Northpark Community Credit Union Money Market Rates

0.15%$25k-Money Market Savings

Northpark Community Credit Union Checking Account Rates

0.03%$1k-Classic Checking
0.03%$1k-Business Plus Checking
0.03%$1k-Nifty Fifty with Benefits Plus Checking
0.03%$1k-Student Checking
0.03%$1k-Extreme Checking
0.03%$1k-Business Basic Checking

Northpark Community Credit Union CD Rates

0.95%$5k-48 Month Share Certificate
0.95%$10k-60 Month Share Certificate
0.45%$1k-36 Month Share Certificate
0.40%$1k-30 Month Share Certificate
0.35%$1k-25 Month Share Certificate
0.30%$1k-24 Month Share Certificate
0.25%$1k-18 Month Share Certificate
0.25%$1k-13 Month Share Certificate
0.20%$1k-12 Month Share Certificate
0.10%$1k-6 Month Share Certificate
0.05%$500-90 Day Share Certificate

Northpark Community Credit Union IRA Rates

0.45%$1k-36 Month IRA Certificate
0.30%$1k-24 Month IRA Certificate
0.20%$1k-12 Month IRA Certificate

Northpark Community Credit Union Locations
Branch Office450 S Lebanon StLebanon, IN 46052-2548
Branch Office9330 Zionsville RdIndianapolis, IN 46268-1053
Branch Office450 S Lebanon StLebanon, IN 46052-2548
Branch Office5965 Technology Center DrIndianapolis, IN 46278