Featured Savings Rates
Featured Accounts

Centra Credit Union

Popular Accounts at this Credit Union

1.55%4-year CD4 Year Share Certificate
1.50%4-year IRA4 Year IRA (Traditional, Roth, CESA)
4.00%Reward CheckingHigh Interest Checking

Overview / Commentary
3801 Tupelo Dr PO Box 789
Columbus, IN 47201-7293

Centra Credit Union is headquartered in Columbus and is the 3rd largest credit union in the state of Indiana. It is also the 181st largest credit union in the nation. It was established in 1940 and as of September of 2016, it had grown to 265 employees and 136,803 members at 25 locations. Centra Credit Union's money market rates are 48% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Centra Credit Union is open to those who live or work in Adams, Allen, Bartholomew, Blackford, Boone, Brown, Carroll, Cass, Clark, Clay, Clinton, Crawford, Dearborn, Decatur, Delaware, Fayette, Floyd, Franklin, Grant, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jefferson, Jennings, Johnson, Lawrence, Madison, Miami, Monroe, Montgomery, Morgan, Ohio, Orange, Owen, Parke, Perry, Putnam, Randolph, Ripley, Rush, Scott, Shelby, Sullivan, Switzerland, Tippecanoe, Tipton, Union, Vigo, Wabash, Washington, Wayne, Wells, and White Counties and select townships in Marion County in Indiana or in Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer, and Trimble Counties in Kentucky.
See current membership details

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Reviews (5)

Friendly local credit union

Posted by: ej2014 | Jun 18, 2014

Over the past decade banking with this credit union they have always been polite and service oriented. The facilities are clean, organized and well staffed so that there are not long lines.

The car loan rates are competitive as are the home equity loan rates. Additionally they offer HSA accounts and CDs. The 'free checking' account is genuinely free, with no charges (except overdraft, if your associated savings account doesn't have sufficient funds). Check them out it is worth your time.

Great Credit Union!

Centra credit union is a great place to do business. They have trustworthy workers, and they work hard to make their clients happy. Their customer service is second to none. Their fees are competitive and they do not gouge you for more money. No complaints here.

Centra Credit Union

Posted by: rres | Jan 27, 2015

I have been a member of Centra Credit Union for over eight years. Overall, this is an average bank. While their customer service at the Edinburgh branch is great, their main branch's service leaves much to be desired. They are also very quick to act if your debit card as been compromised. One of my biggest complaints about this bank is that it's their policy to charge $0.50 to transfer money from savings to checking accounts when the checking account has been overdrawn. When I first opened my accounts, the bank did not charge anything to transfer between connected accounts. Centra also does not have a feature on it's iPhone app to let you know if you've overdrawn your account. I would be much happier with my mobile experience if this feature was added seeing as a $26.00 fee is charged if you overdraw your account.

Online Services

Posted by: Jim Brown | Dec 28, 2016

If you need to use online services stay as far away from this credit union as you can. I think banks in third world countries have a better IT system. You will experience frequent outages and it will lock you out of your account and not recognize your account number. Banking with Centra is a headache you may want to avoid

Run From Centra Credit Union

Posted by: Anonymous | Aug 8, 2012

Centra is an example of why people keep their money in mattresses. Never again will I use this bank.


Health Grade Components

NCUA #68287
Year Chartered1940
Primary Regulator
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD8.35%
Annual Interest Income$27.0MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$1.36B$1.27B
LoansQ3 2016vs Q3 2015$890.5MM$794.6MM
DepositsQ3 2016vs Q3 2015$1.15B$1.08B
Equity CapitalQ3 2016vs Q3 2015$164.3MM$150.6MM
Loan Loss AllowanceQ3 2016vs Q3 2015$9.0MM$8.4MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$2.3MM$2.2MM
Real Estate OwnedQ3 2016vs Q3 2015$124.00K$405.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Centra Credit Union Savings Account Rates

0.55%*$50k*-HSA Money Market Savings
OTHER TIERS: 0.12% $2,500 - $5k | 0.15% $5k - $10k | 0.20% $10k - $25k | 0.45% $25k - $50k
0.40%*$50k*-Classic Plus Shares
OTHER TIERS: 0.12% Up to $1k | 0.20% $1k - $5k | 0.25% $5k - $15k | 0.30% $15k - $50k
0.30%*$15k*-HSA Tiered Checking
OTHER TIERS: 0.05% $500 - $1k | 0.10% $1k - $5k | 0.15% $5k - $15k
0.12%$1k-IRA Subshare
0.12%--Regular Shares
0.12%--Christmas Club
0.12%--Special Shares
0.12%--Vacation Shares
0.12%$1k-CESA Subshare

Centra Credit Union Money Market Rates

0.65%*$100k*-Investors Money Market Savings
OTHER TIERS: 0.05% Up to $10k | 0.12% $10k - $25k | 0.45% $25k - $50k | 0.55% $50k - $100k
0.40%*$50k*-Money Market Savings
OTHER TIERS: 0.12% Up to $1k | 0.20% $1k - $5k | 0.25% $5k - $15k | 0.30% $15k - $50k
0.35%*$50k*-Premium Money Market Checking
OTHER TIERS: 0.10% $1k - $10k | 0.12% $10k - $25k | 0.20% $25k - $50k

Centra Credit Union Checking Account Rates

4.00%*-$1kHigh Interest Checking
OTHER TIERS: 0.20% $5k+ | 2.00% $1k - $5k
0.10%$1k-Advantage Checking

Centra Credit Union CD Rates

2.10%*$100k*-5 Year Share Certificate
OTHER TIERS: 2.05% $500 - $100k
1.65%$5k-60 Month Raise Your Rate CD Special
1.55%*$100k*-4 Year Share Certificate
OTHER TIERS: 1.50% $500 - $100k
1.15%*$100k*-3 Year Share Certificate
OTHER TIERS: 1.10% $500 - $100k
0.95%$1k-3 Year Medex Share Certificate
0.90%*$100k*-30 Month Share Certificate
OTHER TIERS: 0.85% $500 - $100k
0.90%$5k-36 Month Raise Your Rate CD Special
0.85%*$100k*-24 Month Share Certificate
OTHER TIERS: 0.80% $500 - $100k
0.75%$5k-7 Month Investor Certificate w/ Relationship - Special
0.75%$500-18 Month Share Certificate
0.70%$5k-13 Month Certificate - Web Only
0.65%$500-18 Month Freedom Share Certificate
0.55%*$100k*-12 Month Share Certificate
OTHER TIERS: 0.50% $500 - $100k
0.55%$5k-13 Month Investor Certificate
0.50%$5k-10 Month Investor Certificate
0.50%$5k-12 Month Investor Certificate
0.30%*$100k*-6 Month Share Certificate
OTHER TIERS: 0.25% $1k - $100k
0.30%$5k-6 Month Investor Certificate
0.30%$5k-7 Month Investor Certificate
0.25%*$100k*-3 Month Share Certificate
OTHER TIERS: 0.20% $1k - $100k
0.25%$5k-3 Month Investors Certificate
0.25%$5k-4 Month Investors Certificate
0.20%$25k-7 Day Investors Certificate

Centra Credit Union IRA Rates

2.05%$500-5 Year IRA Certificate
1.65%$5k-60 Month Raise Your Rate IRA Special
1.50%$500-4 Year IRA
1.10%$500-3 Year IRA Certificate
0.90%$5k-36 Month Raise Your Rate IRA Special
0.80%$500-2 Year IRA Certificate
0.75%$500-18 Month IRA Certificate
0.65%$500-18 Month Money Market IRA Certificate
0.55%$500-12 Month IRA Certificate

Centra Credit Union has 25 locations. Click to view all Centra Credit Union locations.