Financial Builders is headquartered in Kokomo and is the 36th largest credit union in the state of Indiana. It is also the 1,506th largest credit union in the nation. It was established in 1964 and as of June of 2024, it had grown to 26 employees and 11,391 members at 1 location. Financial Builders' money market rates are 4X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Financial Builders is open to those who live, work, or worship in the Indiana counties of Carroll, Cass, Clinton, Howard, Miami, Tipton, or White.
See current membership details
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Credit Union Closes Accounts
This credit union reviews accounts for spending patterns, and will close accounts that do meet their standards. They booted me for $2 to $5 debit card spending. My belief after speaking to CS is that they review customers and decide who makes them money and who does not.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 16213 |
| Year Chartered | 1964 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 7.23% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $146.7MM$140.8MM |
| Loans | Q2 2024vs Q2 2023 | $101.1MM$96.2MM |
| Deposits | Q2 2024vs Q2 2023 | $127.1MM$122.2MM |
| Equity Capital | Q2 2024vs Q2 2023 | $17.9MM$17MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.4MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $961K$713K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |