Hoosier Hills Credit Union is headquartered in Bedford and is the 15th largest credit union in the state of Indiana. It is also the 480th largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 194 employees and 37,305 members at 10 locations. Hoosier Hills Credit Union's money market rates are 6X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Hoosier Hills Credit Union is open to those who work or live in the Indiana counties of Bartholomew, Brown, Clark, Clay, Crawford, Daviess, Dearborn, Dubois, Floyd, Gibson, Greene, Harrison, Jackson, Jefferson, Jennings, Knox, Lawrence, Martin, Morgan, Monroe, Ohio, Orange, Owen, Perry, Pike, Posey, Ripley, Scott, Spencer, Sullivan, Switzerland, Vanderburgh, Vigo, Warrick, or Washington, or the Kentucky counties of Breckenridge, Daviess, Hancock, Henderson, or Meade. Relatives of membership-eligible individuals also qualify for membership. .
See current membership details
Great customer service and products.
My husband and I moved to a new area less than a year ago, and decided to move all our banking from our previous local county bank to a credit union that has a branch in our new town. We were coming off of a rough experience with our bank, and were leery of getting into a similar situation. We have had no regrets since switching! We walked in as brand new customers, was immediately met by friendly employees, and in a short amount of time had all the information we needed to decide to move everything here. We have multiple savings accounts in addition to our checking, and setting them up was quick, easy, and painless! After they were set in the branch, it was very easy for me to set up my online account and manage them from there. The features and accessibility of all my accounts is amazing...I never realized what I was missing out on when we were with our smaller bank before. Being able to easily transfer money, set up bill payments, and even set up auto pays/transfers from my phone is an amazing advantage. I feel like I have so much more control of our finances and it is a lot more organized, thanks to Hoosier Hills. We have had no issues, and all our business is done quickly and professionally. I highly recommend Hoosier Hills to everyone who mentions switching from their current bank!
Small-Town Bumpkin Bank
Hoosier Hills provides good service only locally. Don't choose this bank if you have any intention of using iTunes, traveling abroad, or buying an item online from another country (even England and Canada!). They impose ridiculous limits on debit cards in order to provide more security. PayPal is not even a possibility if the vendor is not American, more often than not. This is so surprising in a time when so many things are handled online - get with the times, Hoosier Hills! Working with this bank feels like asking your 90 year old grandmother for help fixing a computer. I would only recommend this bank if you never plan to use the internet for shopping and you never leave Indiana. It's a real "Mickey Mouse" operation.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60768 |
| Year Chartered | 1934 |
| Employees | 194 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 8.41% |
| Annual Interest Income | $19.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $890.0MM$839.2MM |
| Loans | Q2 2023vs Q2 2022 | $716.7MM$660.5MM |
| Deposits | Q2 2023vs Q2 2022 | $680.8MM$664.2MM |
| Equity Capital | Q2 2023vs Q2 2022 | $60.3MM$56.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $4.0MM$4.0MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $4.7MM$3.3MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |