Credit union · NCUA insured
Chiphone Federal Credit Union
A $113.8M credit union headquartered in Elkhart, IN, with 8,907 members and 6 branches in Indiana. Best rates: CDs 4.35% and savings 0.15% APY.
Chiphone Federal Credit Union Carrot Score
85
Carrot Score
Higher than 71% of U.S. banks and credit unions
#4 of 15 in Elkhart, IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Chiphone Federal Credit Union
Originally formed to serve employees of Chicago Telephone Supply Company, the credit union operates branches in Indiana including a Merrillville location serving Lake County and surrounding communities.
- Headquarters
- 710 N Wildwood Ave, Elkhart, IN 46514-1876
- NCUA charter
- 5422
Branches
6 branches in Indiana
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Indiana
6 branches
Elkhart area · 5
- Elkhart1655 W Beardsley Ave, Elkhart, IN 46514Directions
- Elkhart East661 County Road 17, Elkhart, IN 46516Directions
- Elkhart North619 County Road 6 E, Elkhart, IN 46514Directions
- Middlebury403 Crystal Valley Dr, Middlebury, IN 46540Directions
- Nappanee250 N Miriam St, Nappanee, IN 46550Directions
Chicago area · 1
- Merrillville17 W 73rd Ave, Merrillville, IN 46410Directions
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 | 16.43% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.38% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.76% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $43 | $76 | — |
- CapitalNet worth ratio16.43%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.38%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.76%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$43Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Chiphone Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.