Industrial Federal Credit Union

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A short history of Industrial FCU

Since its inception in 1983 the Industrial Federal Credit Union has been serving its members in the LAFAYETTE, 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 Kevin Umlauf, the Industrial FCU has grown its membership to over 31,467 with assets of more than $189,018,979. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (765) 771-8000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LAFAYETTE, IN.

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

Charter Number 24026
Address 1115 SAGAMORE PKWY S 
State Indiana 
Zip-Code 47905
Phone Number (765) 771-8000
Fax Number (765) 448-1891
Email Address:
CEO/President Kevin Umlauf
Members 31,467 
Full-Time Employees 100 
Part-Time Employees
Number of Branch Offices 10 
Total Assets 189,018,979 

Compare Industrial Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Tippecanoe CU tippecanoe federal credit union 3450 south st 47903 (765) 448-1158 No 1.68
Purdue CU Purdue Federal Credit Union - Ivy Tech Branch 3101 S Creasy Ln 47905 (765) 497-8899 No 7.28
Lakes CU Lakes Federal Credit Union 106 Rickey Rd 47960 (574) 583-5556 No 23.93
Battery Employees CU Battery Employees Federal Credit Union 507 E Monroe St 47918 (765) 762-2947 No 24.71

Industrial Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Industrial 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 13.29 6.23 7.58 4.07 5.40
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 466 504 594 150 278
Rank Among All Indiana Credit Unions 55 90 102 23 40

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.15 1.01 0.74
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 124 170 193
Rank Among All Indiana Credit Unions 20 29 22 26 27
Industrial Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.2908,0148,149,784
All Other Unsecured Loans/Lines of Credit 14.1901,5362,461,740
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 6.2301102,355,236
Used Vehicle Loans 7.5805,49248,566,206
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.07059130,083,439
Total Other Real Estate Loans/Lines of Credit 5.4002192,702,045
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.2601,59412,733,447
TOTAL LOANS & LEASES 17,556107,051,897

Industrial 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 403,343,33091,139,800
    b. 15 Years or less 50123,685,860361,843,895
    a. > 15 years 482,968,24800
    b. 15 Years or less 286,00100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1211,501,7089153,691
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 981,200,33761262,608
Open-End Fixed Rate 0000
TOTALS 81032,785,4841153,399,994


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

Industrial Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
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