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IU Credit Union was founded in 1956 by employees of the Indiana University community who wanted a safe, convenient place to save and borrow money at reasonable rates. Our founders believed that the not-for-profit business model would best serve the unique needs of their community. Our continued success has shown they were correct.
Today, IU Credit Union membership is open to Hoosiers who live or work in more than 50 Indiana counties.
We’ve grown steadily as we have continued to focus on meeting the unique financial needs of our more than 66,000 members. Our assets total more than $700 million, placing us among the largest credit unions in Indiana.
We believe our growth has been achieved by continually giving members more value and by staying true to the vision of our founders who believed a financial institution owned by its members would act in the best interest of its members.
We provide an array of financial services including mortgages, consumer loans, savings and investment products, business services, credit and debit cards, and more. Our electronic services help members manage their accounts wherever they are and include Online Banking, Online Bill Pay, Mobile Banking, Bank-by-Phone, Direct Deposit, ATMs, and eStatements.
With 11 full-service branches in Indiana, we provide on-site financial services to members in our university communities of Bloomington, Indianapolis, Gary, Fort Wayne, South Bend, and New Albany, and the surrounding areas. We offer more than 20 surcharge-free ATMs in Indiana, and belong to the Alliance One and CO-OP ATM networks with thousands of surcharge-free ATMs across the country.
Our Commitment to Community
IU Credit Union has a strong commitment to the communities we serve. We provide financial education and scholarships, donate to community charitable organizations, and sponsor community events.