Elements Financial is headquartered in Indianapolis and is the 4th largest credit union in the state of Indiana. It is also the 180th largest credit union in the nation. It was established in 1976 and as of March of 2016, it had grown to 170 employees and 86,227 members at 6 locations. Elements Financial has an A health rating.
You qualify for membership as an employee, student, retiree or member of one of the organizations listed on the "How To Join" page, or as a member of the immediate family or household of someone who qualifies. One of the eligible organizations is Tru Direction, Inc., which allows anyone to join with a simple, one-time membership fee.
See current membership details
You can have an HSA with ELFCU and then also have an account with TD Ameritrade to invest some of the HSA into the stock market.
Need 2,500 minimum to avoid monthly fees.
Every time you want to wire money to and from TD Ameritrade there is a $24 wire fee. So if one were to invest a portion of the HSA in the stock market, one would want to do very few wire transfers. Maybe just one or two over the course of many years.
TDAmeritrade has some no cost ways to buy exchange traded stock index funds.
January 2016 revision. Having the min. $2,500 in the HSA account now only yields a low 0.6% interest rate
|Return on Assets - YTD||0.53%|
|Return on Equity - YTD||5.73%|
|Annual Interest Income||$10.5MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$1.32B$1.16B|
|Loans||Q1 2016vs Q1 2015||$1.00B$830.0MM|
|Deposits||Q1 2016vs Q1 2015||$1.10B$1.02B|
|Equity Capital||Q1 2016vs Q1 2015||$116.8MM$108.8MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$11.4MM$13.8MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$2.6MM$3.6MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$0$0|
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Sorry, we do not have rate data for Elements Financial.
|Elements Financial Locations|
|Branch Office||2500 Innovation Way N Bldg C||Greenfield, IN 46140|
|Branch Office||1650 Lilly Rd||Lafayette, IN 47909|
|Branch Office||225 S East St Ste 300||Indianapolis, IN 46202|
|Branch Office||1400 W Raymond St||Indianapolis, IN 46221-2004|
|Branch Office||1200 W Morris St||Indianapolis, IN 46221-1710|
|Branch Office||Building 21/c, DC 2015||Indianapolis, IN 46285|