Industrial Credit Union

About Industrial Credit Union

Industrial Credit Union Location

1115 Sagamore Parkway South
Lafayette, IN 47905

Phone: (765) 771-8000
Website: www.ifcu.com
Routing/Transit Number: Not Available

Industrial Credit Union Information

Industrial Credit Union of Lafayette, IN is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 37770 members and assets of $135,624,792, as compared to the national average of $93 million dollars of assets per credit union. Industrial Credit Union, first opened in 1983 and has been in operation since then. Additionally, Industrial Credit Union has 103 full time employees and 23 part time employees, or 299.761904762 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Industrial Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Industrial Credit Union is a not-for-profit, cooperative, tax-exempt organization.