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
- John McKenzie, President
- Website: icul.org
PRIVATE SHARE INSURANCE: YES
- Largest SCU: EVERWIS3 CU $5.00B in assets
- Largest FCU: LIBERTY FCU $3.71B in assets
|Second Quarter 2022||SCUs||FCUs||Total CUs||% of SCUs/Total|
|Total Credit Unions||35||100||135||25.93%|
|Credit Union Members||1.36M||1.48M||2.84M||47.80%|
|Credit Union Assets||$22.01B||$21.11B||$43.12B||51.05%|
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.
Teachers Credit Union (TCU) is reporting it has awarded the majority of its nearly 800 employees a $2,000, one-time “Inflation Fighter” profit sharing bonus. The bonus was provided to full- and part- time employees “most impacted by current economic conditions,” the credit union said. The CU added its decision to provide the bonus reinforces its commitment to its employees, especially during such an “unusual and challenging year.” Read More
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