Business And Industrial Federal Credit Union is headquartered in Columbus and is the 71st largest credit union in the state of Indiana. It is also the 2,512th largest credit union in the nation. It was established in 1960 and as of March of 2025, it had grown to 11 employees and 3,893 members at 2 locations. Business And Industrial Federal Credit Union has a B health rating.
Membership in B & I is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in the Indiana counties of Bartholomew, Jefferson, or Jennings.
See current membership details
Overall | |
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NCUA # | 13940 |
Year Chartered | 1960 |
Employees | 11 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.18% |
Return on Equity - YTD | 6.98% |
Annual Interest Income | $400K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $45.2MM$45.6MM |
Loans | Q1 2025vs Q1 2024 | $14.3MM$13.7MM |
Deposits | Q1 2025vs Q1 2024 | $37.7MM$38.7MM |
Equity Capital | Q1 2025vs Q1 2024 | $7.4MM$6.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $41K$25K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $119K$107K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Business And Industrial Federal Credit Union are currently being reviewed.
Business And Industrial Federal Credit Union Locations | ||
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Branch Office | 740 N Marr Rd | Columbus, IN 47201 |
Branch Office | 2118 Lanier Dr | Madison, IN 47250 |