Advertising Disclosure
  1. Home
  2. Banks
  3. INOVA Federal Credit Union

INOVA Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.inovafederal.org
574-294-6553
358 S Elkhart Ave
Elkhart, IN 46516

INOVA received its charter in 1942 with the original purpose of serving the employees of Miles Laboratories, a health care research company. It now offers a range of deposit and loan products to a wide membership base.

INOVA offers a Premium Dividend Rate on its checking account if certain requirements are met and maintained. DepositAccounts.com has recognized the credit union in the past for its reward checking account offering. INOVA also has multiple savings and money market account programs to meet its members’ needs, including a health savings account. Its basic savings account option provides bill pay, ATM access, and direct deposit Share certificates with term lengths from 30 days to 6 years are available to members as well, and a flexible CD allows the account holder to change its interest rate once during the life of the CD. INOVA business banking side includes many similar products and provides services like wiring transfers and escrowing management.

INOVA Federal Credit Union online banking features the latest technology which give members access to a customizable home banking webpage, from which they can manage one or multiple accounts. INOVA has optimized its website for mobile banking to provide members with access to their accounts from the convenience of their smartphones and tablet devices.

INOVA FCU is headquartered in Elkhart, Indiana and serves its members through multiple branches located in several states throughout the country.

Field of Membership Restrictions

INOVA Federal Credit Union is open to anyone through the Tru Direction Financial Literacy program ($5 donation). Membership is also open to employees or members of over 1,800 Select Employer Groups (see the credit union's site for details) or to family members of current members.
See current membership details

Reviews (11)

HOURS Include SAT

Posted by: |

hours vary by branch, but some are open SAT 9-Noon

1

Please Just Leave Things The Way They Were!

Posted by: |

I don't know who came up with this new system of keeping the customers away from the tellers, but I thought it was fine before! Now you come into your downtown headquarters and have to explain to someone else what transactions you want to do and they try to do the banking for you. I came in today and paid on my house loan and person who tried to help was a trainee (no reflection on them) and it took many attempts to complete the transaction. If it would have been a typical customer/teller transaction it could have been completed in much shorter time. I don't know why you want to want to try and change something that's been done for many years and has been successful. Please don't mess with Teller Phone also!

6

Be Careful With This Refinancing Company

Posted by: |

This refinancing company seems primarily focused on collecting personal information. They send frequent mail encouraging you to refinance with a lower interest rate. However, after you fill out the forms, they require a large down payment and only offer a small amount based on your car's value. That's why many people choose not to move forward — and unfortunately, they still end up with your personal details.

1

Great Customer Service

Posted by: |

Wow is all i can say about my experience in car buying from Tyler Troyer at inova fcu. From start to finish the process was amazing. He was kind courteous and efficient. In this day and age where everyone dreads buying cars he made it super easy super streamline while being professional knowledgeable and caring. I will never go anywhere else for an auto loan. Way to go Tyler i will definitely recommend you to others who want exemplary service . Wendy Fletcher

1
VIEW MORE REVIEWS

Health
B

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #4968
Year Chartered1942
Employees132
Primary Regulator
Profit Margin
Return on Assets - YTD-0.43%
Return on Equity - YTD-5.58%
Annual Interest Income$9.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$686.6MM$733.3MM
LoansQ1 2025vs Q1 2024$615.8MM$655MM
DepositsQ1 2025vs Q1 2024$563.1MM$580.3MM
Equity CapitalQ1 2025vs Q1 2024$53.3MM$53.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$9.6MM$8.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$6.4MM$11.7MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not INOVA 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.

INOVA Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%*$500k*-Business Momentum Savings
OTHER TIERS: 1.25% → $50k - $250k | 3.25% → $250k - $500k
0.01%$100-Membership Savings
0.01%$0-Health Savings Account
0.01%$100-Business Membership Savings

INOVA Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.10%*$250k*-Shield Money Market Premium
OTHER TIERS: 1.50% → $0 - $50k | 2.00% → $50k - $100k | 3.75% → $100k - $250k
4.00%$500k-Business Emerald Money Market
3.50%*$250k*-Emerald Money Market
OTHER TIERS: 0.01% → $0 - $250k
3.50%$250k-Business Platinum Money Market Savings
3.25%$100k-Platinum Money Market Savings
1.50%$50k-Gold Money Market Savings
1.50%$50k-Business Gold Money Market Savings
1.00%*$100k*-Financial Management Account
OTHER TIERS: 0.25% → $2k - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 0.85% → $50k - $100k
1.00%*$100k*-IRA Financial Management Account
OTHER TIERS: 0.25% → $2k - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $50k | 0.85% → $50k - $100k
0.05%$0-IRA Money Market Savings
0.01%$0-Shield Money Market Standard

INOVA Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$0$15kShield Checking
OTHER TIERS: 0.07% → $15k+
0.50%*$2k*-Elite Checking
OTHER TIERS: 0.15% → $0 - $2k
0.35%*$100k*-Ovation Business Checking
OTHER TIERS: 0.15% → $10k - $25k | 0.25% → $25k - $50k | 0.30% → $50k - $100k
0.25%$0-Business Dividend Checking
0.07%$0-Advantage 50 Checking
0.07%$0-Performance Checking

INOVA Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.35%$200-7 Month CD Special
4.30%$200-5 Month CD Special
4.25%$200-6 Month CD
4.25%$200-14 Month CD
4.25%$1k-Business 6 Month Step Up CD
4.10%$1k-Business 18 Month Step Up CD
4.10%$200-12 Month CD
4.00%$200-18 Month CD
4.00%$200-3 Year CD
4.00%$1k-Business 1 Year Step Up CD
3.90%$1k-Business 2 Year Step Up CD
3.75%$200-2 Year CD
3.75%$200-5 Year CD
3.75%$200-6 Year CD
3.75%$200-18 Month Step Up CD
3.75%$200-3 Year Step Up CD
3.75%$200-4 Year CD
3.75%$200-30 Month CD
3.50%$200-4 Year Step Up CD
3.50%$200-5 Year Step Up CD
3.50%$200-6 Year Step Up CD
3.50%$200-30 Month Step Up CD
1.00%$200-30 Day CD

INOVA Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.35%$200-7 Month IRA Special
4.30%$200-5 Month IRA Special
4.25%$200-6 Month IRA
4.25%$200-14 Month IRA
4.10%$200-12 Month IRA
4.00%$200-18 Month IRA
4.00%$200-3 Year IRA
3.75%$200-2 Year IRA
3.75%$200-4 Year IRA
3.75%$200-5 Year IRA
3.75%$200-6 Year IRA
3.75%$200-18 Month Step Up IRA
3.75%$200-3 Year Step Up IRA
3.75%$200-30 Month IRA
3.50%$200-4 Year Step Up IRA
3.50%$200-5 Year Step Up IRA
3.50%$200-6 Year Step Up IRA
3.50%$200-30 Month Step Up IRA
0.01%$0-IRA Savings
Locations


INOVA Federal Credit Union Locations
Branch Office358 S Elkhart AveElkhart, IN 46516
Branch Office619 County Road 6 EElkhart, IN 46514
Branch Office661 County Road 17Elkhart, IN 46516
Branch Office605 E University DrGranger, IN 46530
Branch Office1025 S Carroll AveMichigan City, IN 46360
Branch Office602 N Main StMishawaka, IN 46545

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.