Independent Federal Credit Union

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A short history of Independent FCU

Since its inception in 1971 the Independent Federal Credit Union has been serving its members in the ANDERSON, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Connie Lodde, the Independent FCU has grown its membership to over 7,156 with assets of more than $69,271,411. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (765) 649-9271 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ANDERSON, IN.

General Information For Independent FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24171
State Indiana 
Zip-Code 46013
Phone Number (765) 649-9271
Fax Number (765) 641-7610
Email Address: none
CEO/President Connie Lodde
Members 7,156 
Full-Time Employees 22 
Part-Time Employees
Number of Branch Offices
Total Assets 69,271,411 

Compare Independent Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lampco CU North Branch 525 E Hartman Rd 46012 (765) 649-9226 No 1.72
Madison County CU Madison County FCU 2309 Charles St 46013 (765) 648-3370 No 4.06
Thrive CU Morrison Office 3360 N Morrison Rd 47304 (765) 381-8204 No 15.71
First County CU Main Office-1100 W 11th St 1100 W 11th St 47302 (765) 284-3471 No 17.65
Primetrust Financial CU PrimeTrust Financial FCU 3230 S Madison St 47302 (765) 289-2148 No 17.82

Independent Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Independent Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.25 3.25 4.25 5.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 174 120 174 289
Rank Among All Indiana Credit Unions N/A 32 15 29 42

Independent Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.15 0.15 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 124 324 N/A
Rank Among All Indiana Credit Unions N/A 29 22 58 N/A
Independent Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 10.9908051,228,205
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.2504689,223,657
Used Vehicle Loans 3.2501,05714,072,507
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25023312,318,559
Total Other Real Estate Loans/Lines of Credit 5.5001513,530,992
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 12.50068510,035
TOTAL LOANS & LEASES 2,78240,883,955

Independent Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1459,376,59900
    b. 15 Years or less 882,941,9605337,500
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 23371,602281,000
Closed-End Adjustable Rate 33624,96800
Open-End Adjustable Rate 952,534,4226426,000
Open-End Fixed Rate 0000
TOTALS 38415,849,55113844,500


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 631,660,8650
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Independent Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes