Overview / Commentary
574-294-3606
710 N WILDWOOD AVE
ELKHART, IN 46514-1876

Chiphone Federal Credit Union is headquartered in ELKHART and is the 41st largest credit union in the state of Indiana. It is also the 1,745th largest credit union in the nation. It was established in 1947 and as of December of 2018, it had grown to 38 employees and 10,548 members at 7 locations. Chiphone Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open only to members and employees of the select employment group.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional 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. Chiphone Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #5422
Year Chartered1947
Employees38
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD3.66%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$86.3MM$87.1MM
LoansQ4 2018vs Q4 2017$45.2MM$40.5MM
DepositsQ4 2018vs Q4 2017$72.3MM$72.9MM
Equity CapitalQ4 2018vs Q4 2017$13.2MM$12.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$663.00K$415.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$395.00K$447.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
Report an Issue

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
0.10%$500-Share Account
0.10%--IRA Club Account
0.10%--Special Club
0.10%--Christmas Club
0.10%--Vacation Club

Chiphone Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$80k*-Money Market Draft Account
OTHER TIERS: 0.15% $2.5k - $30k | 0.20% $30k - $80k

Chiphone Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$80k*-Business Draft Account
OTHER TIERS: 0.15% $2.5k - $30k | 0.20% $30k - $80k

Chiphone Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%$1k-36 Month Share Certificate Special - New Money
2.48%*$10k*-72 Month Share Certificate
OTHER TIERS: 2.02% $500 - $10k
1.92%$500-60 Month Share Certificate
1.61%$500-48 Month Share Certificate
1.21%$500-36 Month Share Certificate
0.70%$500-24 Month Share Certificate
0.50%$500-18 Month Share Certificate
0.40%$500-12 Month Share Certificate
0.30%$500-6 Month Share Certificate
0.20%$500-91 Day Share Certificate

Chiphone Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.48%*$10k*-72 Month IRA Share Certificate
OTHER TIERS: 2.02% $500 - $10k
1.92%$500-60 Month IRA Share Certificate
1.61%$500-48 Month IRA Share Certificate
1.21%$500-36 Month IRA Share Certificate
0.70%$500-24 Month IRA Share Certificate
0.50%$500-18 Month IRA Share Certificate
0.40%$500-12 Month IRA Share Certificate
0.30%$500-6 Month IRA Share Certificate
0.20%$500-91 Day IRA Share Certificate
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.