Overview / Commentary
Evansville Federal Credit Union is headquartered in Evansville and is the 48th largest credit union in the state of Indiana. It is also the 1,918th largest credit union in the nation. It was established in 1961 and as of March of 2025, it had grown to 19 employees and 5,981 members at 3 locations. Evansville Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in, as well as businesses and other legal entities, located in Vanderburgh County, Indiana;
See current membership details
Health
A
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. Evansville Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 14562 |
| Year Chartered | 1961 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.03% |
| Return on Equity - YTD | 7.65% |
| Annual Interest Income | $1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $91MM$84.1MM |
| Loans | Q1 2025vs Q1 2024 | $48.3MM$46.6MM |
| Deposits | Q1 2025vs Q1 2024 | $78.7MM$72.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $12MM$11.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $337K$313K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $63K$293K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |