Whitewater Regional Federal Credit Union
Overview / Commentary
Whitewater Regional Federal Credit Union is headquartered in Connersville and is the 108th largest credit union in the state of Indiana. It is also the 3,676th largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 4 employees and 1,516 members at 1 location. Whitewater Regional Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, worship or work in Fayette, Franklin, Rush or Union Counties in Indiana.
See current membership details
Health
C+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Whitewater Regional Federal Credit Union has a very low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3536 |
| Year Chartered | 1939 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.78% |
| Return on Equity - YTD | -57.95% |
| Annual Interest Income | $126K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $9.5MM$9.9MM |
| Loans | Q1 2025vs Q1 2024 | $5.3MM$7.1MM |
| Deposits | Q1 2025vs Q1 2024 | $9MM$8.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $452K$1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $116K$122K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5K$40K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |