Liberty Federal Credit Union is headquartered in Evansville and is the 2nd largest credit union in the state of Indiana. It is also the 110th largest credit union in the nation. It was established in 1936 and as of June of 2024, it had grown to 772 employees and 256,571 members at 33 locations. Liberty Federal Credit Union's CD rates are 72% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Liberty Federal Credit Union is open to anyone through a $5 donation to the Mater Dei Friends & Alumni Association. Membership is also open to over 2000 area Select Employee Groups and organizations. Immediate family and household members of a current member or anyone eligible to join also qualify for membership.
See current membership details
Related Posts
9/28 - Liberty Federal Credit Union Ups 6 Year CD To 4.00% APY And 6 Year IRA CD To 4.05%
9/26 - Liberty Federal Credit Union Ups 6 Year CD To 3.75% APY And 6 Year IRA CD To 3.80% APY
6/2 - Evansville Teachers Federal Credit Union Boosts 8-Month CD Rate
3/26/20 - Evansville Teachers Federal Credit Union Vertical Checking Review
7/9/19 - Evansville Teachers Fed Credit Union Ups Vertical Checking, 3.30% APY
3/20/17 - Evansville Teachers FCU's Vertical Dividend Checking Available Nationwide
Great Experience
I just opened a new membership with Liberty FCU right at the period of their name change from Evansville Teachers FCU. The account opening process was simple and the only changes that have happened to the account since I opened it, was that the rate went up even more! For those that are complaining about a soft pull on their credit, it is completely understood as a security issue for the credit union. I will not open an account anywhere if they require a hard pull on my credit, as that is the only one that counts against you.
Name Change
To: Liberty Financial FCU
The only issue I have is the Equifax credit (soft) pull for application. Totally unnecessary.
Requires Soft Pull On Credit
Yet another credit union that requires you to unfreeze your credit so they can do a soft pull on it. Not sure why they are requiring time for deposit accounts. I was really interested in moving my HSA and checking to them, but I don't allow pulls on my credit. I asked them on Facebook why they do this and their answer to me was to just delete my comment. Yup, there is some real customer service..
Also, POD accounts are only allowed when the POD is also a member. Strange rules. No Totten Trust either.
TRASH LOAN ORGANIZER
Started the loan process and needed documents for self employment. Than she stopped answering emails. Because most of the nitwits like Alyssa Pinkston who cant do the math wne it comes to dealing with self business owners.
SO i guess her best way to admit she cant do basic math with 1099 is to ignore your email.
Good way to do business to people who need a place to stay. total ignorance,. If you have self employment, DO NOT USE THEM. NOBODY IN INDIANA can do the math. Back to school Alyssa!
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1682 |
| Year Chartered | 1936 |
| Employees | 772 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.62% |
| Return on Equity - YTD | 7.46% |
| Annual Interest Income | $85.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $4.11B$3.71B |
| Loans | Q2 2024vs Q2 2023 | $3.09B$3.05B |
| Deposits | Q2 2024vs Q2 2023 | $2.94B$3B |
| Equity Capital | Q2 2024vs Q2 2023 | $338.4MM$315.9MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $6.1MM$6.1MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $7.3MM$3.5MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
