Credit union · NCUA insured
Business & Industrial FCU
A $45.7M credit union headquartered in Columbus, IN, with 3,829 members and 2 branches in Indiana. Best rates: CDs 2.22% APY.
Business & Industrial FCU Carrot Score
73
Carrot Score
Higher than 35% of U.S. banks and credit unions
#5 of 6 in Columbus, IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Business & Industrial FCU
Business & Industrial Federal Credit Union is a member-owned institution headquartered in Columbus, Indiana, serving members since 1960.
Effective June 15, 2004, it became a community credit union serving individuals and businesses in Bartholomew, Jennings, and Jefferson counties in Indiana.
- Headquarters
- 740 N Marr Rd, Columbus, IN 47201
- NCUA charter
- 13940
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, work, worship, or attend school in, or businesses and other legal entities located in Bartholomew, Jennings, and Jefferson counties in Indiana are eligible for membership.
Employers and groups
- Employees of this credit union are eligible for membership.
Family and household
- Members of the immediate family or household are eligible for membership.
- Spouses of persons who died while within the field of membership of this credit union are eligible.
Other ways
- Members of this credit union as of June 15, 2004 are eligible for membership.
- Organizations of such persons are eligible for membership.
1 more way to join
Other ways
- Volunteers within the community are eligible for membership.
Cost to join
- An account balance of at least $5.00 must be established and maintained upon approval.
Branches
2 branches in Indiana
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Indiana
2 branches
Columbus area · 1
- Marr RoadMain office740 N Marr Rd, Columbus, IN 47201Directions
Madison area · 1
- 2118 Lanier Drive2118 Lanier Dr, Madison, IN 47250Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 18.04% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.24% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.11% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $49 | $59 | — |
- CapitalNet worth ratio18.04%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.24%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.11%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$49Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Business & Industrial FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.