Business And Industrial Federal Credit Union
LOCATIONS
2
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HEALTH RATING
B+
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CURRENT TOP RATE
0.80% APY
60 Month Share Certificate
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Overview / Commentary
Business And Industrial Federal Credit Union is headquartered in Columbus and is the 68th largest credit union in the state of Indiana. It is also the 2,610th largest credit union in the nation. It was established in 1960 and as of September of 2019, it had grown to 11 employees and 5,332 members at 2 locations. Business And Industrial Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in, and businesses and other legal entities located in Jennings, Bartholomew, and Jefferson counties in the state of Indiana.
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Health
B+
Data as of Q3 2019
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. Business And Industrial Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13940 |
| Year Chartered | 1960 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 5.28% |
| Annual Interest Income | $753.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $38.0MM$38.2MM |
| Loans | Q3 2019vs Q3 2018 | $12.1MM$11.9MM |
| Deposits | Q3 2019vs Q3 2018 | $32.5MM$33.1MM |
| Equity Capital | Q3 2019vs Q3 2018 | $5.4MM$5.1MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $14.00K$18.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $1,000$1,000 |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |