Overview / Commentary
IH Credit Union is headquartered in Springfield and is the 26th largest credit union in the state of Ohio. It is also the 891st largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 52 employees and 22,343 members at 5 locations. IH Credit Union has an A health rating.
Field of Membership Restrictions
Membership in IH Credit Union is open to residents of the states of Ohio, Illinois, Michigan or West Virginia through the American Consumer Council. Membership is also open to those who live, work, attend school or worship in Clark, Champaign, Greene, Logan, Madison, Miami, Montgomery or Union Counties in Ohio.
See current membership details
Reviews (1)
Insurance Change
Posted by: EarthVisitor007 | Jun 7, 2019
IH Credit Union is no longer insured by NCUA.
Health
A
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97104 |
| Year Chartered | 1934 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.29% |
| Return on Equity - YTD | -2.27% |
| Annual Interest Income | $8.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $365.4MM$370.3MM |
| Loans | Q2 2023vs Q2 2022 | $239.5MM$210.1MM |
| Deposits | Q2 2023vs Q2 2022 | $258.2MM$259.0MM |
| Equity Capital | Q2 2023vs Q2 2022 | $47.0MM$47.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.3MM$1.4MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.1MM$1.1MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |