Crane Federal Credit Union is headquartered in Odon and is the 15th largest credit union in the state of Indiana. It is also the 496th largest credit union in the nation. It was established in 1955 and as of June of 2020, it had grown to 117 employees and 53,897 members at 16 locations. Crane Federal Credit Union's money market rates are 25% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Crane Credit Union is open to those who live or work in the Indiana counties of Brown, Bartholomew, Daviess, Clay, Dubois, Greene, Gibson, Hendricks, Johnson, Jackson, Knox, Marion, Lawrence, Martin, Morgan, Monroe, Owen, Parke, Orange, Pike, Putnam, Posey, Sullivan, Vermillion, Vanderbugh, Warrick, or Vigo. Members of any of the Select Employer Groups, as well as immediate family members of an existing Crane Credit Union member are also eligible to join.
See current membership details
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Best bank I've ever used.
I started working for Crane Naval Surface Warfare base a few years ago. One of the perks with working for Crane is that you can join their credit union. Before joining with Crane Credit Union I had used regular banks with mixed to bad results. I had on bank that would charge me insane fees on everything with my checking account. They went as far to try and charge me (and all customers) to use their ATMs. Since I have been with Crane I have my checking and savings accounts with them. I have had 0 over draft fees. All my ATM fees have either been waived or re-credited to my account even when I did not use a Crane ATM. My checking account draws interest, which is something I have not seen in a very long time. I have fees associated with my savings account, which was not the case with my former bank. Any time I have had an issue with my account, which is rarely, I get to talk to a real person right away. There is no waiting for an automated service, an actual human answers the phone and they speak English. It has been an outstanding experience.
Pulled Credit Without Me Even Filling Out App
I had banked with crane for several years and asked them about a business credit card. Before I even filled out an application they ran my credit numbers. I thought that was very rude and disrespectful.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68672 |
| Year Chartered | 1955 |
| Employees | 117 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 7.31% |
| Annual Interest Income | $11.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $699.9MM$626.3MM |
| Loans | Q2 2020vs Q2 2019 | $453.9MM$468.1MM |
| Deposits | Q2 2020vs Q2 2019 | $571.1MM$514.3MM |
| Equity Capital | Q2 2020vs Q2 2019 | $93.3MM$84.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $1.6MM$1.6MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.0MM$2.0MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $65.00K$115.00K |
