Overview / Commentary
Eastern Indiana Federal Credit Union is headquartered in New Castle and is the 76th largest credit union in the state of Indiana. It is also the 2,576th largest credit union in the nation. It was established in 1950 and as of March of 2025, it had grown to 7 employees and 5,296 members at 1 location. Eastern Indiana Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Eastern Indiana Federal Credit Union is open to those who live, work, worship, or attend school in, and businesses and legal entities located in the Indiana counties of Delaware, Hancock, Henry, or Madison.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional 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. Eastern Indiana Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7066 |
| Year Chartered | 1950 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.5% |
| Return on Equity - YTD | 12.55% |
| Annual Interest Income | $486K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $42.5MM$39.9MM |
| Loans | Q1 2025vs Q1 2024 | $19.7MM$21.4MM |
| Deposits | Q1 2025vs Q1 2024 | $37.3MM$35.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5MM$4.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $301K$238K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $250K$144K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |