Independence Federal Credit Union is headquartered in INDEPENDENCE and is the 97th largest credit union in the state of Missouri. It is also the 4,928th largest credit union in the nation. It was established in 1963 and as of March of 2019, it had grown to 2 employees and 520 members at 1 location. Independence Federal Credit Union has a D health rating.
Field of Membership Restrictions
Membership in Independence Federal Credit Union is open to civilian employees and military personnel who work at or are attached to the Lake City Ammunition plant, members of the Veterans of Foreign Wars, members of Sugar Creek Memorial VFW Post #3976, Veterans of Foreign Wars, Fraas-Fain Post 1000, military personnel of the U.S. government stationed at recruiting offices in Independence, Missouri, employees of the Philatelic Center, Fraas-Fain Post 1000, employees of Truman Library.
See current membership details
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 15509 |
| Year Chartered | 1963 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.8% |
| Return on Equity - YTD | -36.55% |
| Annual Interest Income | $29.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $2.6MM$2.8MM |
| Loans | Q1 2019vs Q1 2018 | $1.9MM$1.9MM |
| Deposits | Q1 2019vs Q1 2018 | $2.4MM$2.6MM |
| Equity Capital | Q1 2019vs Q1 2018 | $197.00K$224.00K |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $58.00K$36.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $108.00K$72.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Independence Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Independence Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | IRA Shares | |
| 0.05% | - | - | Regular Shares | |
| 0.05% | - | - | Christmas Club |
Independence Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $10k | - | 24 Month CD | |
| 0.40% | $10k | - | 18 Month CD | |
| 0.30% | $1k | - | 12 Month CD | |
| 0.20% | $1k | - | 6 Month CD |
| Independence Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 301 W LEXINGTON AVE STE 260 | INDEPENDENCE, MO 64050 |