REGULATING AGENCY: Indiana Department of Financial Institutions; Division of Credit Unions
- Tom Fite, Director
- Chris Dietz, Deputy Director
- Website: in.gov/dfi/2374.htm
LEAGUE: Indiana Credit Union League
PRIVATE SHARE INSURANCE: YES
STATS: (As of Q4 2021)
Total Number of Credit Unions: 145
- TOTAL # SCUs: 36
- TOTAL # FCUs: 109
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 25%
Total Assets: $39,858,756,565
- TOTAL $ SCU ASSETS: $20,948,834,044
- TOTAL $ FCU ASSETS: $18,909,922,521
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 53%
Total Members: 2,794,849
- TOTAL Members SCUs: 1,333,348
- TOTAL Members FCUs: 1,461,501
- SCU % OF TOTAL (SCUS/STATE TOAL): 48%
FUN FACT: The home state of Orville Redenbacher, Indiana produces more than 20 percent of the country’s popcorn supply, with almost half of all the state’s cropland used for corn. In 2014, the state’s farmers planted more than 91,000 acres of corn for popcorn.
December 14, 2021 —The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) awarded Don Cates, President and CEO of 3Rivers Federal Credit Union, with the 2021 Indiana Community Spirit Award. The Community Spirit Award honors individuals that show an outstanding dedication to affordable housing and community economic development.
“We’re excited to present this year’s Community Spirit Award for Indiana to a community development champion in Fort Wayne,” said MaryBeth Wott, Community Investment and Underwriting/Credit Operations Officer at FHLBank Indianapolis. “Don Cates and 3Rivers Federal Credit Union have been active and engaged partners in our Affordable Housing Program and have demonstrated a strong commitment to housing development for some of the most vulnerable people in our communities.”
As President and CEO of 3Rivers Federal Credit Union, Cates has been a leader in providing long-term housing options for underserved communities. 3Rivers was recently awarded a $500,000 Affordable Housing Program (AHP) Grant to CASS Housing, a privately funded nonprofit that seeks to provide long-term housing options for people with developmental disabilities. “Don has been highly involved with CASS since their founding and has supported their strategy and growth that will include completing their sixth home in early 2022,” said Melissa Shaw, Vice President of Marketing at 3Rivers. Additionally, 3Rivers continues to support CASS Housing through the 3Rivers Community Foundation.
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