Industrial Credit Union West Lafayette IN | Top Auto Loans & Business Banking

Introduction

Welcome to Industrial Credit Union, your trusted financial partner since 1983. Located at 1251 Cumberland Ave, West Lafayette, IN 47906, we proudly serve our community with a commitment to helping our members achieve their financial goals. With over 31,000 members and assets totaling $310,581,836, we understand the importance of providing personalized service and reliable products. At Industrial, we believe in empowering our members through a range of services tailored to meet your needs. Whether you're looking for competitive rates on auto loans, checking and savings accounts, or even mortgage options, we have something for everyone. Our total deposits stand at $25,591,681, reflecting the trust that our community places in us. Under the leadership of CEO Kevin Umlauf and Board President Albert Davis, Jr., our dedicated team of 99 employees is here to ensure you receive top-notch service every time you visit or call. We know that financial decisions can be daunting, but we're here to guide you every step of the way. While members can visit us at 1251 Cumberland Ave, official correspondence should be sent to the same address. Don't hesitate to reach out at 765-771-8000 or explore our offerings online at www.ifcu.com. Join us today and experience the benefits of being part of a community-focused credit union. Your journey toward better financial health starts here!

Branch History & Mission

Community Commitment

We take pride in being an active participant in the West Lafayette area. Through partnerships with local organizations and outreach programs, we aim to strengthen our community bonds and uplift those around us. Our initiatives are designed not only to provide financial solutions but also to promote education and awareness about responsible banking practices. As we look toward the future, we invite you to join us on this journey. Discover how becoming a member of Industrial can bring you closer to achieving your financial dreams while being part of a caring community. Visit us online at https://www.ifcu.com/ or give us a call at (765) 771-8000 for more information on how you can get started today!

Our Journey

Industrial began with a simple vision: to offer personalized banking solutions tailored to the needs of our members. Over the years, we have evolved alongside the community, adapting to changes and embracing advancements in technology. Today, we offer a wide range of services, including personal banking, auto loans, mortgage financing, and more. Our commitment to innovation is reflected in our online and mobile banking options, allowing members to manage their finances conveniently from anywhere. We are also proud to provide ATM access and drive-thru services for those who prefer face-to-face interactions or need quick transactions on the go.

Our Mission

At Industrial, our mission is clear: we strive to empower our members through sound financial guidance and community support. We believe that everyone deserves access to quality financial products that help them achieve their goals. Whether it's helping families buy their first home or assisting small businesses with loans and merchant services, our focus remains on making a positive impact in the lives of those we serve. While you can visit us at 1251 Cumberland Ave West Lafayette In 47906 for all your banking needs during our operating hours Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 12 PM official correspondence should be sent to our mailing address at 1251 Cumberland Ave, West Lafayette, IN 47906.

Branch Location & Accessibility

Welcome to Industrial at 1251 Cumberland Ave West Lafayette In 47906 in beautiful West Lafayette, IN! Nestled conveniently in Tippecanoe County, our branch is easy to find and access, making banking a breeze for our members. Located near local landmarks, you can swing by while running errands or enjoying a day out. Our location is designed with you in mind. We offer ample parking and feature ADA-compliant access to ensure everyone can visit us comfortably. Whether you're stopping by for a quick transaction or needing assistance with your banking needs, our friendly staff is ready to help. At Industrial, we understand that your time is valuable. That's why we keep our doors open from 8 AM to 6 PM on weekdays and from 9 AM to 12 PM on Saturdays, providing plenty of opportunities for you to come in. Plus, if you're in a hurry, take advantage of our drive-thru service for quick deposits and withdrawals without leaving your vehicle. For those who prefer cashless convenience, we have an ATM available for easy access to your funds anytime. If you need more information or have questions about our services ranging from personal banking solutions like checking accounts and auto loans to business banking options don't hesitate to give us a call at (765) 771-8000. While members can visit us at 1251 Cumberland Ave West Lafayette In 47906, official correspondence should be sent to the same address as our mailing address: 1251 Cumberland Ave, West Lafayette, IN 47906. We invite you to come by and discover how Industrial can help you achieve your financial goals. Your journey starts here!

Member Eligibility

At Industrial, we believe that joining our community is about more than just banking it's about being part of a supportive family. Becoming a member is simple and welcoming, as we open our doors to anyone who lives, works, or worships in the West Lafayette area. Whether you're looking for a checking account, loans, or financial advice, we're here to help you thrive. For detailed eligibility criteria, feel free to check out our resource at https://www.ifcu.com/about/who-we-are/become-a-member.html. Opening an account with us is an easy process that can set you on the path toward financial well-being. Just give us a call at (765) 771-8000, or visit us at our branch located at 1251 Cumberland Ave West Lafayette In 47906. We can't wait to welcome you into the Industrial family!

Business Banking & Commercial Services

Financing for Growth

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. - With an outstanding commercial loan portfolio of $135,833, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services that Matter

In today's fast-paced market, efficient payment processing can make all the difference. Our merchant services simplify transactions, allowing you to focus on what matters most growing your business. Imagine a busy Saturday where customers are eager to shop; having quick and reliable payment options means satisfied customers and more sales. Whether you're looking for a robust financing option or seamless transaction solutions, Industrial is here to support your journey. Visit us at 1251 Cumberland Ave West Lafayette In 47906 or call us at (765) 771-8000 to learn more about how we can assist you in reaching your business goals.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash on the go? With our ATM and cash withdrawal services, accessing your money is quick and easy. Plus, our drive-thru banking allows for hassle-free deposits and withdrawals without leaving your car. At Industrial, we strive to create a welcoming environment where all members can find the financial solutions they need. If you have any questions or would like more information about our services, don't hesitate to reach out at (765) 771-8000 or visit us at our branch. We're here to help you every step of the way on your financial journey!

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our auto loans and vehicle financing options make it easy to drive off with the vehicle of your dreams. We offer competitive rates and personalized service to ensure you get the best deal possible.

Business Banking

For our business members, we offer essential services such as merchant services and business loans to help your enterprise thrive. We understand the unique challenges businesses face and aim to support your growth every step of the way.

Credit Cards with Rewards

Don't forget about our credit cards with rewards! Earn points on everyday purchases that can be redeemed for exciting perks. It's a great way to make your spending work for you.

Mortgage Loans & Refinancing

If you're looking to buy a home or refinance an existing mortgage, our team is here to guide you through the process. We provide tailored solutions that fit your budget and lifestyle with our mortgage loans and refinancing services.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking services. Check balances, transfer funds, and pay bills anytime, anywhere right from your smartphone or computer.

Personal Banking

Our personal banking services are designed to help you achieve your financial goals. With our checking and savings accounts, you can easily manage your day-to-day expenses while saving for the future. We understand that life can be unpredictable, which is why our personal loans and debt consolidation options offer flexibility when you need it most.

Digital & Online Banking

At Industrial, we understand that managing your finances should be easy and secure. That's why we offer a range of digital and online banking services designed to give you 24/7 access to your accounts, all from the comfort of your home or on the go. With just a few clicks, you can take control of your banking needs anytime, anywhere. One of the key features we provide is our robust online banking platform, accessible at https://www.ifcu.com/. This service allows you to check balances, view transaction history, and transfer funds with ease. Need to send money to a friend? Our person-to-person transfer feature makes it simple to send and receive money directly from your account without any hassle. For those who prefer mobile banking, our user-friendly mobile application is available for download, making it easier than ever to manage your finances right from your smartphone. Whether you're looking to make payments or review your statements, everything is just a tap away. We also prioritize security in every transaction. Although we currently do not offer electronic signature authorization, you can rest assured that your information is protected through our secure online systems. Plus, our e-statements are readily available for members who want to go paperless saving trees while keeping their financial documents organized. With features like mobile payments coming soon and the convenience of being able to handle everything from deposits to withdrawals via our drive-thru service or ATM, Industrial ensures that you have multiple options for banking that fit into your lifestyle. Join us today and experience how easy digital banking can be!

Financial Strength

Growing Member Base

Total Share Accounts: 62,947, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $622,248 further illustrate our dedication to facilitating your financial journey. 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 1251 Cumberland Ave West Lafayette In 47906 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.

Member-Centric Savings Options

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.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 97 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting for Your Benefit

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 lending capacity supports your financial goals across various sectors with $7,161 in used auto loans and $223,686,645 in total loans and leases.

Solid Financial Health

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 $863 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

In addition to these loan offerings, we also provide refinancing options that could save you money. If you're looking for better rates or terms on your existing loans, don't hesitate to reach out we're here to help. To learn more about our loan products or discuss eligibility options, contact us at (765) 771-8000 or visit us at our branch located at 1251 Cumberland Ave West Lafayette In 47906 in West Lafayette, IN. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Industrial, we're committed to helping you make informed financial decisions that align with your goals. Whether it's purchasing a car, buying a home, managing expenses, or growing your business, let us support you on your financial journey.

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 car, we've got you covered.

Business Financing

For business owners, our outstanding commercial loans totaling $135,833 provide the capital needed to grow and expand. We understand that every business has different needs, and our team is ready to work with you to find the best financing solutions.

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 are here to guide you through every step of the mortgage process, ensuring you find the right loan for your situation.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. That's why 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. Our credit cards come with rewards and features designed to fit your lifestyle.

Loan Aggregator

Call to Action

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Ensuring 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 guarantees that all loan offers are fair and transparent. By relying on verified financial institutions, LendMesh provides users with verified data that reflects actual market conditions.

Key Benefits of Using LendMesh

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Industrial