Industrial Federal Credit Union is headquartered in Lafayette and is the 26th largest credit union in the state of Indiana. It is also the 985th largest credit union in the nation. It was established in 1983 and as of March of 2025, it had grown to 93 employees and 31,688 members at 10 locations. Industrial Federal Credit Union has a B+ 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 | 93 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.64% |
Return on Equity - YTD | 7.4% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $328.8MM$319.6MM |
Loans | Q1 2025vs Q1 2024 | $226.4MM$216MM |
Deposits | Q1 2025vs Q1 2024 | $297.4MM$290.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $28MM$25.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.2MM$1.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.4MM$1.6MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Industrial Federal Credit Union.
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 |