Credit union · NCUA insured
Encompass Credit Union
A $265.3M credit union headquartered in Tipton, IN, with 16,200 members and 4 branches in Indiana. Best rates: CDs 3.82% and savings 0.15% APY.
Encompass Credit Union Carrot Score
64
Carrot Score
Higher than 12% of U.S. banks and credit unions
#3 of 3 in Frankfort, IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Encompass Credit Union
Established in 1953, Encompass Credit Union is a member-owned institution headquartered in Tipton, Indiana.
Originally Steel Parts Federal Credit Union, it merged with Nickel Plate Industrial Credit Union in 2001, adopted its current name in 2009, and expanded its community charter to Howard County in 2018.
- Headquarters
- 221 N Main St, Tipton, IN 46072-1636
- NCUA charter
- 8548
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is open to any person who lives, works, attends school, or worships in Tipton, Clinton, or Howard County, Indiana.
Employers and groups
- Any business or organization in Tipton, Clinton, or Howard County, Indiana is eligible for membership, and employees of eligible businesses are also eligible.
Family and household
- Spouses, children, and parents of eligible persons are eligible for membership.
Other ways
- Members retain eligibility and benefits even if they move away.
Cost to join
- To become a member, opening a savings account with a minimum deposit of $5 is required.
Branches
4 branches in Indiana
Loading map…
Indiana
4 branches
Frankfort area · 2
- Holiday Road Branch2115 W Holiday Rd, Frankfort, IN 46041Directions
- Maish Road Branch1035 N Maish Rd, Frankfort, IN 46041Directions
Kokomo area · 1
- Reed Road Branch4020 South Reed Road, Kokomo, IN 46901Directions
Indianapolis area · 1
- Tipton Branch201 N Main St, Tipton, IN 46072Directions
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 | 9.36% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.60% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.68% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $94 | $76 | — |
- CapitalNet worth ratio9.36%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.60%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.68%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$94Peers’ 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 Encompass Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.