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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Independent Federal Credit Union Rates & Review September 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: September 21, 2026
Independent Federal Credit Union's 1 Year CD Minimum rates are at 3.55%, 2 Year CD Minimum rates are at 3.03%, 6 Month CD Minimum rates are at 2.78%, 3 Year CD Minimum rates are at 2.52%, 4 Year CD Minimum rates are at 2.52%. Independent Federal Credit Union's Personal Loan Rates are as low as 10.24%. MonitorBankRates evaluates the financial stability of Independent Federal Credit Union with a 4.9 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 16.07%. Rates last updated and verified on 09/21/2026. Independent Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Independent Federal Credit Union? Share your experience about Independent Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Independent Federal Credit Union. Independent Federal Credit Union
Main Office 3737 S Scatterfield Rd
https://www.independentfcu.org Anderson, IN 46013 
Independent Federal Credit Union CD Rates
Independent Federal Credit Union Auto Loan Rates
Independent Federal Credit Union Personal Loan Rates
Independent Federal Credit Union Other Rates
Financial Health HistoryIndependent Federal Credit Union’s Texas Ratio rose from 7.79% in Q2 2023 to 16.07% in Q1 2026, so its financial health has weakened over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 4.9 and its Health Grade from A to A-. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures. Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
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How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops. Show the quarterly figures
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Independent Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Independent Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Independent Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Independent Federal Credit Union
Website
https://www.independentfcu.org
Address
3737 S Scatterfield Rd,
Anderson, IN 46013
Phone
765-649-9271
Fax
765-641-7610
President
Chad Clark
CEO
Connie Lodde
Full-Time Employees
25
Part-Time Employees
1
Branch Locations
1
ATM Locations
1
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
4.9 / 5.0 ★
Overall Health & Safety Grade
A- (91/100)
Texas Ratio
16.07%
Return on Assets (ROA)
-0.0554%
Return on Equity (ROE)
-0.5193%
Non-Performing Loans Ratio (NPL)
3.17%
Total Assets
93,788,947
Total Amount of Shares and Deposits
83,498,085
Total Shares and Deposits < 1 Year
83,167,710
Total Shares and Deposits 1 3 Years
306,825
Total Shares and Deposits > 3 Years
23,550
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
1,995,207
Total Uninsured Shares and Deposits > $250K (F+J)
1,995,207
Total Insured Shares and Deposits > $250K (item 17 less item K)
81,502,878
Total Interest Expense (Sum of items 6 8)
72,968
Share Certificates
241
Number of Accounts for Share Drafts
3,306
Number of Accounts for Regular Shares
6,833
All other shares
144
Money Market Shares
79
Net Income (unless the amount is already included in Undivided Earnings)
-51,983
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
8,451,416
Total Liabilities
83,777,960
Source: NCUA — Last Updated 03/31/2026
Customer Reviews
There are no reviews for Independent Federal Credit Union yet. Feel free to create one below.
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Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.
Add Your Rating and Review for Independent Federal Credit Union
Frequently Asked Questions About Independent Federal Credit UnionHow many branches does Independent Federal Credit Union operate?Independent Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Independent Federal Credit Union?Yes, to access services at Independent Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Independent Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Independent Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Independent Federal Credit Union offer online and mobile banking?Most modern institutions like Independent Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.independentfcu.org. Current Independent Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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