Natco Credit Union is headquartered in RICHMOND and is the 35th largest credit union in the state of Indiana. It is also the 1,504th largest credit union in the nation. It was established in 1945 and as of June of 2022, it had grown to 63 employees and 16,532 members at 3 locations. Natco Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Fayette, Wayne, Henry, Randolph, Rush, Union and Franklin Counties in Indiana and within a 25-mile radius of Richmond.
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Natco Credit Union
I have been a member of this credit union for about six years now. They always have a wonderfully friendly staff that is more than willing to help with any questions or concerns that you might have. They have many services including checking, savings, auto loans, mortgages, and debt consolidation. They do a very good job of sitting down with you and making it feel like you are important to them when discussing any banking issue you might have. The only down side with this credit union is the limited locations and hours. They have no weekend hours at all, and very few locations, which could lead to some ATM fees if a person does not plan well enough ahead and needs cash for the weekends. Overall, a very good credit union that I would recommend to anyone.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65208 |
| Year Chartered | 1945 |
| Employees | 63 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 9.29% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $147.2MM$130.2MM |
| Loans | Q2 2022vs Q2 2021 | $79.6MM$65.0MM |
| Deposits | Q2 2022vs Q2 2021 | $126.3MM$114.7MM |
| Equity Capital | Q2 2022vs Q2 2021 | $13.5MM$14.8MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.1MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $521.00K$718.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |