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Chiphone Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.chiphone.org
574-294-3606
1655 W. Beardsley Ave
Elkhart, IN 46514

Chiphone Federal Credit Union is headquartered in ELKHART and is the 41st largest credit union in the state of Indiana. It is also the 1,722nd largest credit union in the nation. It was established in 1947 and as of March of 2025, it had grown to 34 employees and 9,075 members at 7 locations. Chiphone Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Chiphone is open only to employees of more than 300 Eligible Employee Groups. Family members of any membership-eligible individual also qualify for membership.
See current membership details

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #5422
Year Chartered1947
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD5.41%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$113.5MM$114.3MM
LoansQ1 2025vs Q1 2024$44.1MM$46.5MM
DepositsQ1 2025vs Q1 2024$95.3MM$96.1MM
Equity CapitalQ1 2025vs Q1 2024$17.6MM$17.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.5MM$1.2MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$629K$466K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Chiphone Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chiphone Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Share Account
0.05%$0-Christmas Club
0.05%$0-Vacation Club

Chiphone Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%*$100k*-Money Market Draft Account
OTHER TIERS: 0.05% → $0 - $2.5k | 0.15% → $2.5k - $30k | 0.35% → $30k - $80k | 0.75% → $80k - $100k

Chiphone Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%*$100k*-Business Draft Account
OTHER TIERS: 0.05% → $0 - $2.5k | 0.15% → $2.5k - $30k | 0.35% → $30k - $80k | 0.75% → $80k - $100k

Chiphone Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.20%$500-6 Month Share Certificate
4.10%$500-12 Month Share Certificate
4.00%$500-18 Month Share Certificate
4.00%$500-36 Month Share Certificate
3.85%$500-24 Month Share Certificate
3.75%$500-48 Month Share Certificate
3.75%$500-60 Month Share Certificate
1.50%$500-91 Day Share Certificate

Chiphone Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.20%$500-6 Month IRA Share Certificate
4.10%$500-12 Month IRA Share Certificate
4.00%$500-18 Month IRA Share Certificate
4.00%$500-36 Month IRA Share Certificate
3.85%$500-24 Month IRA Share Certificate
3.75%$500-48 Month IRA Share Certificate
3.75%$500-60 Month IRA Share Certificate
1.50%$500-3 Month IRA Share Certificate
0.05%$0-IRA Club Account
Locations


Chiphone Federal Credit Union Locations
Branch Office17 W 73RD AVEMERRILLVILLE, IN 46410
Branch Office403 CRYSTAL VALLEY DRMIDDLEBURY, IN 46540-9588
Branch Office250 N Miriam StNAPPANEE, IN 46550-2216
Branch Office1655 W BEARDSLEY AVEELKHART, IN 46514-1825
Branch Office710 N WILDWOOD AVEELKHART, IN 46514-1876
Branch Office619 County Road 6 EELKHART, IN 46514-5570
Branch Office661 County Road 17ELKHART, IN 46516-9568

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