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888-883-3328
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 2,066th largest credit union in the nation. It was established in 1933 and as of December of 2013, it had grown to 20 employees and 7,170 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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Health

Data for Q4 2013

Institution Health

B
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

GRADE:
A+

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 Northpark Community Credit Union had $303,000 in non-current loans and owned real-estate with $4.99 million in equity and loan loss allowances on hand to cover it. This gives Northpark Community Credit Union a Texas Ratio of 6.07% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Northpark Community Credit Union experienced no significant changes from 3.96% as of December 31, 2012 to 6.07% as of December 31, 2013, resulting in a negative change of 53.36%. This indicates that the balance sheet and financial strength for Northpark Community Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Northpark Community Credit Union has decreased its total deposits by $-455,000, resulting in -0.82% 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 average.

Capitalization

GRADE:
C

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 $59.63 million in assets with $4.99 million in equity, resulting in a capitalization level of 8.38%, which is average.

Institution Statistics

Overall
NCUA #60251
Year Chartered1933
Employees20
Primary Regulator
Assets and Liabilities
Assets$59.63 million
Loans$52.85 million
Deposits$54.87 million
Equity Capital$4.51 million
Loan Loss Allowance$488,000
Unbacked Noncurrent Loans$303,000
Real Estate Owned$0
Historic Data - December 2012
Assets$60.01 million
Equity Capital$4.27 million
Loan Loss Allowance$582,000
Unbacked Noncurrent Loans$303,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.17%
Return on Assets0.37%
Return on Equity4.95%
Interest Income$2.97 million
Rates

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

Northpark Community Credit Union Savings Account Rates

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

Northpark Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-Money Market Savings

Northpark Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
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

DetailsAPYMINMAXPRODUCT
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
Locations


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