Industrial Federal Credit Union is headquartered in Lafayette and is the 25th largest credit union in the state of Indiana. It is also the 981st largest credit union in the nation. It was established in 1983 and as of September of 2022, it had grown to 101 employees and 30,108 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 | 101 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.25% |
Return on Equity - YTD | 3.16% |
Annual Interest Income | $7.7MM |
Assets and Liabilities | ||
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Assets | Q3 2022vs Q3 2021 | $308.4MM$283.7MM |
Loans | Q3 2022vs Q3 2021 | $191.2MM$157.4MM |
Deposits | Q3 2022vs Q3 2021 | $280.4MM$258.0MM |
Equity Capital | Q3 2022vs Q3 2021 | $23.9MM$23.2MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $709.00K$678.00K |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $898.00K$639.00K |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |
Rates for Industrial Federal Credit Union are currently being reviewed.
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 |