Industrial Federal Credit Union


Overview / Commentary
765-771-8000
1115 Sagamore Pkwy S
Lafayette, IN 47905

Industrial Federal Credit Union is headquartered in Lafayette and is the 26th largest credit union in the state of Indiana. It is also the 997th largest credit union in the nation. It was established in 1983 and as of June of 2022, it had grown to 107 employees and 29,880 members at 10 locations. Industrial Federal Credit Union has an A health rating.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #24026
Year Chartered1983
Employees107
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD4.69%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$300.7MM$279.9MM
LoansQ2 2022vs Q2 2021$178.4MM$156.1MM
DepositsQ2 2022vs Q2 2021$272.5MM$254.4MM
Equity CapitalQ2 2022vs Q2 2021$23.9MM$22.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$612.00K$687.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$637.00K$520.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Industrial Federal Credit Union are currently being reviewed.

Locations


Cities: Covington, Crawfordsville, Delphi, Frankfort, Lafayette, Monticello, West Lafayette

Covington Branches
Branch Office413 Washington StCovington, IN 47932

Crawfordsville Branches
Branch Office1871 S US Highway 231Crawfordsville, IN 47933

Delphi Branches
Branch Office7249 W 200 NDelphi, IN 46923

Frankfort Branches
Branch Office1855 W State Road 28Frankfort, IN 46041

Lafayette Branches
Branch Office1115 Sagamore Pkwy SLafayette, IN 47905
Branch Office730 Twyckenham BlvdLafayette, IN 47909-7122
Branch Office431 Meijer DrLafayette, IN 47905
Branch Office3900 St Francis Way Ste 105Lafayette, IN 47905

Monticello Branches
Branch Office818 W Fisher StMonticello, IN 47960

West Lafayette Branches
Branch Office1251 Cumberland AveWest Lafayette, IN 47906

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