Industrial Credit Union Monticello IN | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Industrial Credit Union, your trusted financial partner located at 818 W Fisher St, Monticello, IN 47960. Since our establishment in 1983, we have been dedicated to serving the local community with a strong commitment to member satisfaction and financial empowerment. With over 31,484 members counting on us, we take pride in being a cornerstone of financial support in Monticello. At Industrial Credit Union, we understand that every dollar counts. That's why our total assets stand at an impressive $310,581,836, showcasing our stability and ability to serve you effectively. Whether you're looking for personal banking services like checking and savings accounts or need assistance with auto loans and mortgages, we have tailored solutions just for you. Our total deposits of $25,591,681 and net worth of $26,813,330 reflect our robust financial health and dedication to your success. Our leadership team is here to guide you every step of the way. Under the stewardship of CEO Kevin Umlauf and Board President Albert Davis, Jr., our staff of 99 employees is committed to providing exceptional service while ensuring your financial goals are met with care and professionalism. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 818 W Fisher St, Monticello, IN 47960. We invite you to explore our website at www.ifcu.com for more information about our services or give us a call at 765-771-8000. Join us today and experience the difference that comes with being part of a community-focused credit union!

Branch History & Mission

A Commitment to Innovation

In today's fast-paced world, we understand the importance of digital advancements in banking. At Industrial, we offer online banking and mobile applications that allow you to manage your finances anytime, anywhere. Our commitment extends beyond technology; we ensure our services are accessible and ADA compliant so everyone can benefit from what we offer.

Join Us

As we look ahead, we invite you to become part of the Industrial family. Experience firsthand how we prioritize your needs while nurturing the community around us. Together, let's build a brighter financial future! For more information or to join us today, please contact us at (765) 771-8000 or visit our website at https://www.ifcu.com/. Your journey toward financial well-being starts here!

Our Journey

From the very beginning, Industrial has focused on building strong relationships with our members. What started as a small credit union has blossomed into a financial institution with assets totaling $310,581,836. We've adapted and grown alongside our community, offering services that meet the evolving needs of our members. Our journey is marked by key milestones that reflect our commitment to providing excellent service. Over the years, we have introduced a variety of financial products, from personal banking solutions like checking and savings accounts to auto loans and mortgages. Each step has been taken with the goal of empowering our members to achieve their financial dreams.

Our Mission

At Industrial, our mission is simple yet profound: to provide exceptional financial services while fostering community support. We believe in giving back to Monticello, which is why we actively engage in outreach programs and partnerships that uplift local initiatives. Whether it's sponsoring community events or supporting local charities, we strive to make a positive impact in every way possible. While members can visit us at 818 W Fisher St Monticello In 47960, official correspondence should be sent to 818 W Fisher St, Monticello, IN 47960. Our operating hours are designed for your convenience: Monday through Friday from 8 AM to 6 PM, and Saturday from 9 AM to 12 PM. We also offer drive-thru banking for quick transactions.

Branch Location & Accessibility

Welcome to Industrial located at 818 W Fisher St Monticello In 47960 in the charming town of Monticello, IN! We are delighted to serve our members from this convenient location, nestled close to local landmarks that make us easy to find. Whether you're visiting us for personal banking or exploring options for auto loans, our doors are open to help you every step of the way. At Industrial, we prioritize your accessibility. Our branch features ample parking and is designed with ADA compliance in mind, ensuring that everyone can easily access our services. If you need assistance, our friendly team is just a call away at (765) 771-8000. While members can visit us at 818 W Fisher St Monticello In 47960, official correspondence should be sent to 818 W Fisher St, Monticello, IN 47960. Our operating hours make it easy for you to stop by: we're open Monday through Friday from 8 AM to 6 PM, and on Saturdays from 9 AM to 12 PM. Whether you prefer the lobby or need quick service via our drive-thru, we've got you covered! Although we currently do not offer ATM services, our drive-thru provides basic banking transactions such as deposits and withdrawals for your convenience. Plus, if you're looking for shared services, we focus solely on providing personalized care right here at our location. We invite you to come visit us at Industrial today! Experience firsthand the welcoming atmosphere and dedicated service that sets us apart. Your financial journey starts here, and we're excited to be part of it!

Member Eligibility

At Industrial, we believe that becoming a member is about joining a community that cares. If you're looking to take part in a supportive financial environment, you're in the right place! To become a member of Industrial, you typically need to live, work, worship, or attend school in the area surrounding our branch at 818 W Fisher St Monticello In 47960. Whether you're a first-time account holder or someone looking for better financial options, we welcome you with open arms. It's easy to check your eligibility and get started simply visit our detailed guidelines at https://www.ifcu.com/about/who-we-are/become-a-member.html. Once you know you're eligible, opening an account is just as straightforward! You can begin the process online by following this link: https://www.mobicint.net/ind/loanapp/list. If you have any questions or need assistance along the way, don't hesitate to give us a call at (765) 771-8000. We're here to help you navigate your journey towards better banking!

Business Banking & Commercial Services

Merchant Services for Every Business

In addition to loans, we offer merchant services that simplify your transactions. Imagine being able to accept payments easily from customers, whether they prefer credit cards or mobile payments. Our services not only streamline operations but also enhance customer satisfaction, allowing you to focus more on what you do best growing your business. Located at 818 W Fisher St Monticello In 47960 in Monticello, IN, we're here to provide personalized support tailored to your specific needs. Connect with us at (765) 771-8000 to learn how we can help your business flourish!

Tailored Business Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $4 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $135,833, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

For our business members, we offer tailored solutions like merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we're committed to supporting your entrepreneurial journey.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why Industrial offers robust online and mobile banking services. With just a few clicks, you can check balances, transfer funds, or pay bills anytime, anywhere. Our ATM and cash withdrawal services ensure that accessing your money is quick and hassle-free.

Drive-Thru Services

If you prefer face-to-face interactions but want to save time, our basic drive-thru banking allows you to handle deposits, withdrawals, and simple transactions efficiently without leaving your car. At Industrial, we aim to be more than just a financial institution; we strive to be a trusted partner in your financial journey. We invite you to visit us at 818 W Fisher St Monticello In 47960 or call us at (765) 771-8000 for more information about how we can assist you today! Explore all the possibilities by visiting us online at Monticello. Your financial well-being is our priority!

Loans and Financing

We understand that life can bring unexpected expenses, which is why we provide personal loans and debt consolidation solutions to help you navigate through tough times. For those who love rewards, our credit cards come with enticing perks that enhance your spending experience while keeping your finances in check.

Personal Banking

Our personal banking services are designed with your daily needs in mind. You can open a checking or savings account that fits your lifestyle, helping you manage your money effectively. If you're considering a new vehicle, our auto loans and vehicle financing options can make that dream car a reality. We also offer mortgage loans and refinancing options to help you secure a home that's just right for you.

Digital & Online Banking

Access Your Accounts Anytime

With our 24/7 online banking services available at https://www.ifcu.com/, you can check balances, transfer funds, and pay bills with just a few clicks. Whether you're at home or on the go, managing your money has never been simpler. Plus, we provide e-statements for easy access to your financial records without the clutter of paper statements just another way we keep things convenient for you.

Go Mobile

For those who prefer to bank on their phones, our mobile application brings all the features of our online banking right to your fingertips. Although mobile payments aren't available yet, you can still manage your accounts effortlessly while you're out and about. Check balances, view transactions, and stay updated all from the convenience of your smartphone. At Industrial, we strive to make banking accessible and user-friendly for everyone. Explore our digital banking options today and take charge of your financial journey!

Secure and Simple Transactions

Security is our top priority. While we currently don't offer electronic signature authorization, rest assured that all transactions through our online banking platform are protected with robust security measures. You can also send money easily with person-to-person transfers, making it simple to share expenses with friends or family without needing cash.

Financial Strength

At Industrial, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a strong foundation that supports your financial needs, allowing you to focus on what matters most. With a net worth of $26,813,330, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 8.63% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This robust financial standing reflects our commitment to protecting your interests. Members' savings are secured through $49,875,150 in share certificates and $82,964,328 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $21,233,264 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to support your financial goals is evident with $7,161 in used auto loans and $223,686,645 in total loans and leases available for members like you. Our operational efficiency is highlighted by our positive $1,026,705, which enables us to keep offering competitive loan rates and solid financial products tailored to your needs. We also take pride in having 97 full-time employees and 2 part-time employees ready to assist you with expert advice and support whenever you need it. The trust placed in us by our growing member base is reflected in the total share accounts of 62,947. This indicates not only our commitment but also the confidence you have in us as your financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Industrial is your trusted partner. Visit us at 818 W Fisher St Monticello In 47960 or call (765) 771-8000 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $112,866,248 in used vehicle loans and $20,525,709 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, our team is ready to assist you through every step of the process.

Business Financing

For business owners, our outstanding commercial loans totaling $135,833 provide the capital needed to grow and expand. We understand the unique challenges that businesses face and strive to deliver solutions that align with your vision.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $15,819,351, make buying or refinancing simple. We provide flexible terms and competitive rates to ensure that your journey toward owning a home is as smooth as possible.

Refinancing Options

If you're considering refinancing any of your existing loans, we have options available that may help lower your payments or interest rates. Reach out to us for more details on eligibility and how we can assist you in optimizing your current financial situation. At Industrial, we pride ourselves on being responsive to the needs of our members. If you have any questions or need assistance with your loan application, don't hesitate to call us at (765) 771-8000. We're here to help! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Unsecured Credit Card Loans

Managing day-to-day expenses or planning for unexpected costs? We also offer flexible terms on unsecured credit card loans, with a total of $13,046,735 in loans helping members manage their finances effectively. This option allows for convenience and ease when handling everyday purchases or emergencies.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to sourcing ensures fair and transparent offers, giving users confidence in their loan decisions.

INDUSTRIAL FEDERAL CREDIT UNION - Monticello, IN

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