Liberty Federal Credit Union

Liberty Federal Credit Union


Overview / Commentary
812-477-9271
4401 Theater Dr
Evansville, IN 47715

Liberty Federal Credit Union is headquartered in Evansville and is the 2nd largest credit union in the state of Indiana. It is also the 128th largest credit union in the nation. It was established in 1936 and as of June of 2022, it had grown to 737 employees and 271,482 members at 28 locations. Liberty Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Evansville Teachers Federal Credit Union is open to anyone through making a $5 donation to Mater Dei Friends & Alumni Association. Membership is also open to employees of Evansville Teachers Association, Evansville Museum, Gibson County, and over 200 area Select Employer Groups.
See current membership details

Rebranding In September

Posted by: |

Not exactly a review. Evansville Teachers Federal Credit Union plans to change its name to Liberty Federal Credit Union in September.

Name Change

Posted by: |

To: Liberty Financial FCU

The only issue I have is the Equifax credit (soft) pull for application. Totally unnecessary.

Requires Soft Pull On Credit

Posted by: |

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.

Closed My Account Due To A Couple “Suspicious” Transactions.

Posted by: |

I had a checking account open with them for about two years frequently able to make external transfers in and out of my account with out an issue. Recently two pull transaction would not go through because they for whatever reason could not verify the my external accounts. They then contacted me and told me they would have to close the account and did not give me the option to work with them to help with the verification process. The risk management team is obviously too risk averse which doesn’t help anyone.

VIEW MORE REVIEWS

Health

Health Grade Components

Overall
NCUA #1682
Year Chartered1936
Employees737
Primary Regulator
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD14.34%
Annual Interest Income$45.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$3.17B$2.64B
LoansQ2 2022vs Q2 2021$2.64B$2.00B
DepositsQ2 2022vs Q2 2021$2.60B$2.16B
Equity CapitalQ2 2022vs Q2 2021$289.5MM$256.7MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.1MM$4.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.8MM$1.6MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates
Report an Issue

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

Liberty Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.01%$500-Health Savings Checking
0.25%$500-IRA Share Account
0.01%$200-Regular Shares
0.01%$200-Special Shares
0.01%$200-Christmas Club
0.01%$200-Vacation Club

Liberty Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$25k*-Money Market Share Accounts
OTHER TIERS: 0.20% $1k - $10k | 0.23% $10k - $25k

Liberty Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.45%-$20kVertical Checking (Qualifying)
0.35%*$25k*-Investor Checking
OTHER TIERS: 0.15% $1k - $10k | 0.18% $10k - $25k
0.01%$1k-Business Dividend Checking
0.01%$500-Classic Checking
0.01%$500-Platinum Rewards Checking
0.01%$500-Classic Debit Checking

Liberty Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k-6 Year CD
3.55%$1k-5 Year HSA CD
3.50%$1k-5 Year CD
3.30%$1k-2 Year HSA CD
3.30%$1k-3 Year HSA CD
3.30%$1k-4 Year HSA CD
3.25%$1k-2 Year CD
3.25%$1k-3 Year CD
3.25%$1k-4 Year CD
3.25%$1k-18 Month CD
3.25%$1k-30 Month CD
3.25%$1k-14 Month CD
3.25%$1k-17 Month CD
2.55%$1k-1 Year HSA CD
2.50%$1k-1 Year CD
2.50%--Save to Win 1-Year Certificate
2.25%$1k-6 Month CD
2.25%$1k-8 Month CD
2.00%$1k-3 Month CD

Liberty Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$1k-6 Year Fixed IRA
3.55%$1k-5 Year Fixed IRA
3.30%$1k-2 Year Fixed IRA
3.30%$1k-3 Year Fixed IRA
3.30%$1k-4 Year Fixed IRA
3.30%$1k-18 Month Fixed IRA
3.30%$1k-30 Month Fixed IRA
3.30%$1k-14 Month Fixed IRA
3.30%$1k-17 Month Fixed IRA
2.55%$1k-1 Year Fixed IRA
2.30%$1k-8 Month Fixed IRA
Locations

Availability

Evansville Area

Interactive local rates map


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.