Overview / Commentary
Bar-Cons Federal Credit Union is headquartered in Columbus and is the 65th largest credit union in the state of Indiana. It is also the 2,384th largest credit union in the nation. It was established in 1965 and as of March of 2025, it had grown to 12 employees and 4,707 members at 1 location. Bar-Cons Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Bar-Cons Federal Credit Union is open to the employees of more than 40 businesses, including the City of Columbus and Columbus General Hospital.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Bar-Cons Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 17040 |
| Year Chartered | 1965 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 3.52% |
| Return on Equity - YTD | 21.5% |
| Annual Interest Income | $864K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $53.3MM$49.7MM |
| Loans | Q1 2025vs Q1 2024 | $39.9MM$36.6MM |
| Deposits | Q1 2025vs Q1 2024 | $44.6MM$42.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.5MM$7.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $297K$286K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $121K$272K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |