Crane Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.22%	4-year CD	2.85% - Barclays 48 Month Online CD
1.66%	2-year CD	2.70% - Capital One 24 Month 360 CD
1.56%	18-month CD	1.50% - National Average

View all Crane Federal Credit Union rates »

Overview / Commentary

www.cranecu.org

812-863-7000

1 W Gate Dr
Odon, IN 47562

Crane Federal Credit Union is headquartered in Odon and is the 15^th largest credit union in the state of Indiana. It is also the 498^th largest credit union in the nation. It was established in 1955 and as of June of 2018, it had grown to 110 employees and 47,697 members at 16 locations. Crane Federal Credit Union's money market rates are 3X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Crane Credit Union is open to those who (1) live or work in one of the following Indiana counties: 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, (2) are a member of one of the select employer groups, or (3) are immediate family of an existing member.
See current membership details

Best bank I've ever used.

Posted by: beatricetrevino | Apr 4, 2017

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.

Comment

1

Pulled Credit Without Me Even Filling Out App

Posted by: Anonymous | Jul 12, 2012

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.

Comment

5

Health

A+

Data as of Q2 2018

Learn why bank health matters

Health Grade Components

Overall
NCUA #	68672
Year Chartered	1955
Employees	110
Primary Regulator

Profit Margin
Return on Assets - YTD	1.16%
Return on Equity - YTD	8.54%
Annual Interest Income	$9.5MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$568.9MM$542.1MM
Loans	Q2 2018vs Q2 2017	$418.8MM$379.9MM
Deposits	Q2 2018vs Q2 2017	$466.7MM$442.1MM
Equity Capital	Q2 2018vs Q2 2017	$76.7MM$72.2MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$1.4MM$1.4MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$2.9MM$1.6MM
Real Estate Owned	Q2 2018vs Q2 2017	$42.00K$314.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Crane 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.