Evansville Teachers Federal Credit Union is headquartered in Evansville and is the 3rd largest credit union in the state of Indiana. It is also the 163rd largest credit union in the nation. It was established in 1936 and as of June of 2019, it had grown to 556 employees and 211,923 members at 8 locations. Evansville Teachers Federal Credit Union's CD rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Evansville Teachers Federal Credit Union is open to anyone through making a $5 donation to Mater Dei Friends & Alumni Association. Membership is also open to employees of Evansville Teachers Association, Evansville Museum, Gibson County, and over 200 area Select Employer Groups.
See current membership details
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Tech-savvy and Friendly Credit Union
I've been with ETFCU for a little over a year now since moving to the area and I've been very impressed with their services as my credit union. The staff is always friendly, there are several convenient locations, and I like the products they offer. I have a savings and checking account with them. It's always easy to go into a branch and deposit or withdraw money from the tellers but they also offer smart teller stations where you're connected to a live teller via camera which is great. The ATM accepts cash and counts it in real time for added convenience. Their mobile app is also great to see current balances and make transfers between accounts. I've been very pleased with my credit union.
Love My Credit Union
I've been banking with Evansville Teachers Federal Credit Union since January of 2017. I have used several credit unions in the past when I lived out of state but this one has been the best by far. Their Vertical Checking account provides an awesome 3.00% APY and they also provide cashback offers for different restaurants and merchants around town. Their customer service is top-notch and I genuinely enjoy using their services. Their new home office is beautifully built and they seem to be concerned with making sure they have the most recent technology as well as a modern design and comfortable surroundings. The customer service representatives were very helpful and friendly when setting up my most recent checking account and making changes to my current account. I'm so glad to have found ETFCU and I hope to remain a member for many years to come.
ETFCU is a good choice
We have a savings account here at this credit union. Our initial visit to set up an account was kind of long. It was on a Friday and the tellers were more interested in chit chatting than getting us in quickly. They did apologize for our wait and offered a drink and snack. We set up our account with no issues. We have part of our paychecks directly deposited into that savings account each payday and we have never had any issues. They have been very good about sending us account updates and changes made for customers. I prefer to do all my banking here!
Closed My Account Due To A Couple “Suspicious” Transactions.
I had a checking account open with them for about two years frequently able to make external transfers in and out of my account with out an issue. Recently two pull transaction would not go through because they for whatever reason could not verify the my external accounts. They then contacted me and told me they would have to close the account and did not give me the option to work with them to help with the verification process. The risk management team is obviously too risk averse which doesn’t help anyone.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1682 |
| Year Chartered | 1936 |
| Employees | 556 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 12.25% |
| Annual Interest Income | $31.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $1.74B$1.54B |
| Loans | Q2 2019vs Q2 2018 | $1.32B$1.22B |
| Deposits | Q2 2019vs Q2 2018 | $1.39B$1.20B |
| Equity Capital | Q2 2019vs Q2 2018 | $170.6MM$150.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $5.5MM$6.0MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $4.7MM$4.4MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$28.00K |
Always verify rates and promotions with the bank or credit union. We are not Evansville Teachers 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.
Evansville Teachers Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.01% | $500 | - | Health Savings Account (HSA) | |
| 0.41% | $500 | - | IRA Share Account | |
| 0.06% | $200 | - | Regular Shares | |
| 0.06% | $200 | - | Special Shares | |
| 0.06% | $200 | - | Christmas Club | |
| 0.06% | $200 | - | Vacation Club |
Evansville Teachers Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $50k* | - | Money Market Share Accounts | ||
| OTHER TIERS: 0.20% → $1k - $10k | 0.25% → $10k - $25k | 0.40% → $25k - $50k | |||||
Evansville Teachers Federal Credit Union Checking Account Rates
Evansville Teachers Federal Credit Union CD Rates
Evansville Teachers Federal Credit Union IRA Rates
| Evansville Teachers Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 4905 University Dr | Evansville, IN 47712-6587 |
| Branch Office | 2820 N York St | Owensboro, KY 42301-3344 |
| Branch Office | 3944 State Route 261 | Newburgh, IN 47630 |
| Branch Office | 1100 W Buena Vista Rd | Evansville, IN 47710-5190 |
| Branch Office | 405 E 4th St | Mount Vernon, IN 47620-1912 |
| Branch Office | 4401 Theater Dr | Evansville, IN 47715-1967 |
| Branch Office | 1395 Hart St | Vincennes, IN 47591-4631 |
| Branch Office | 1900 Hirschland Road | Evansville, IN 47716 |