Crane Credit Union

Overview / Commentary
1 W Gate Dr
Odon, IN 47562

Crane Credit Union is headquartered in Odon and is the 13th largest credit union in the state of Indiana. It is also the 447th largest credit union in the nation. It was established in 1955 and as of June of 2022, it had grown to 163 employees and 63,974 members at 19 locations. Crane Credit Union's money market rates are 3X the national average, and it has an A health rating.

Field of Membership Restrictions

Crane Credit Union is open to those who live or work in Clark County, Illinois, Henderson County, Kentucky, or 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, Spencer, 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

Reviews (2)

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

Posted by: |

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.


Health Grade Components

NCUA #68672
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD10.3%
Annual Interest Income$13.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$931.5MM$865.8MM
LoansQ2 2022vs Q2 2021$629.4MM$538.9MM
DepositsQ2 2022vs Q2 2021$824.8MM$755.3MM
Equity CapitalQ2 2022vs Q2 2021$88.2MM$98.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.4MM$1.2MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.2MM$1.8MM
Real Estate OwnedQ2 2022vs Q2 2021$0$65.00K
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Always verify rates and promotions with the bank or credit union. We are not Crane 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.

Crane Credit Union Savings Account Rates

0.20%--IRA Share Savings
0.15%--Christmas Club
0.15%--Vacation Club

Crane Credit Union Money Market Rates

1.26%*$100k*-Money Market Savings
OTHER TIERS: 0.25% Up to $2.5k | 0.50% $2.5k - $10k | 0.75% $10k - $25k | 0.85% $25k - $50k | 1.00% $50k - $100k

Crane Credit Union Checking Account Rates

1.50%*-$20kHigh Yield Checking
OTHER TIERS: 0.05% $20k+
0.05%--Share Checking

Crane Credit Union CD Rates

3.04%$500-13 Month CD Special
2.12%$500-60 Month CD
2.02%$500-48 Month CD
1.92%$500-36 Month CD
1.81%$500-30 Month CD
1.76%$500-24 Month CD
1.61%$500-18 Month CD
1.61%$100-12 Month Youth CD
1.51%$500-12 Month CD
1.50%$25-12 Month Save to Win CD
1.11%$100-6 Month Youth CD
1.00%$500-6 Month CD

Crane Credit Union IRA Rates

3.04%$500-13 Month IRA
2.12%$500-60 Month IRA
2.02%$500-48 Month IRA
1.92%$500-36 Month IRA
1.81%$500-30 Month IRA
1.76%$500-24 Month IRA
1.61%$500-18 Month IRA
1.51%$500-12 Month IRA
1.00%$500-6 Month IRA


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