Industrial Federal Credit Union is headquartered in Lafayette and is the 26th largest credit union in the state of Indiana. It is also the 1,006th largest credit union in the nation. It was established in 1983 and as of December of 2021, it had grown to 106 employees and 29,909 members at 10 locations. Industrial Federal Credit Union has an A health rating.
Industrial Federal Credit Union offers membership to employees, volunteers, trustees, board members, retirees and immediate family members of employees of our Select Employers Groups. Additionally, membership is open to those who making a $5.00 donation to Almost Home Humane Society, Animal Welfare League of Montgomery County, Boys and Girls Club of Clinton County, Carroll County Wabash and Erie Canal, CDC Resources, Clinton County Humane Society, Community Action Program of Western Indiana or Warren County Historical Society.
See current membership details
Overall | |
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NCUA # | 24026 |
Year Chartered | 1983 |
Employees | 106 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.46% |
Return on Equity - YTD | 5.68% |
Annual Interest Income | $8.5MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $291.2MM$254.2MM |
Loans | Q4 2021vs Q4 2020 | $158.2MM$156.9MM |
Deposits | Q4 2021vs Q4 2020 | $265.2MM$230.8MM |
Equity Capital | Q4 2021vs Q4 2020 | $23.3MM$22.0MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $682.00K$613.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $721.00K$738.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Industrial 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.50% | - | - | IRA Savings | ||
0.10%* | - | $25k | Kids' Club Account | ||
OTHER TIERS: 0.05% → $25k+ | |||||
0.05% | $350 | - | Special Savings | ||
0.05% | - | - | Christmas Club Savings | ||
0.05% | $350 | - | Regular Share Savings |
Covington Branches | ||
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Branch Office | 413 Washington St | Covington, IN 47932 |
Crawfordsville Branches | ||
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Branch Office | 1871 S US Highway 231 | Crawfordsville, IN 47933 |
Delphi Branches | ||
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Branch Office | 7249 W 200 N | Delphi, IN 46923 |
Frankfort Branches | ||
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Branch Office | 1855 W State Road 28 | Frankfort, IN 46041 |
Lafayette Branches | ||
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Branch Office | 1115 Sagamore Pkwy S | Lafayette, IN 47905 |
Branch Office | 730 Twyckenham Blvd | Lafayette, IN 47909-7122 |
Branch Office | 431 Meijer Dr | Lafayette, IN 47905 |
Branch Office | 3900 St Francis Way Ste 105 | Lafayette, IN 47905 |
Monticello Branches | ||
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Branch Office | 818 W Fisher St | Monticello, IN 47960 |
West Lafayette Branches | ||
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Branch Office | 1251 Cumberland Ave | West Lafayette, IN 47906 |