Credit union · NCUA insured
Indianhead Credit Union
A $98.8M credit union headquartered in Spooner, WI, with 7,274 members and 3 branches in Wisconsin. Best rates: CDs 3.51% and savings 1.11% APY.
Indianhead Credit Union Carrot Score
73
Carrot Score
Higher than 34% of U.S. banks and credit unions
#19 of 29 in Duluth, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Indianhead Credit Union
Founded in 1961 and headquartered in Spooner, Wisconsin, Indianhead Credit Union is a member-owned cooperative.
The credit union serves communities across northern Wisconsin and eastern Minnesota, with branch locations in Spooner, Grantsburg, and Superior.
- Headquarters
- 104 E Maple St, Spooner, WI 54801-1482
- NCUA charter
- 66434
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This may be incomplete or out of date, so check with the credit union before you apply.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 individuals who live or work in Ashland, Barron, Bayfield, Burnett, Douglas, Polk, Rusk, Sawyer, or Washburn counties in Wisconsin, or Carlton, Pine, or St. Louis counties in Minnesota.
Family and household
- Membership is open to spouses, parents, children, grandparents, grandchildren, or household members of a current Indianhead Credit Union member.
Cost to join
- A $5.00 membership deposit is required to open an account upon membership confirmation.
Branches
3 branches in Wisconsin
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Wisconsin
3 branches
Spooner area · 1
- Main OfficeMain office104 E Maple St, Spooner, WI 54801Directions
Grantsburg area · 1
- Grantsburg Office725 S Robert St, Grantsburg, WI 54840Directions
Duluth area · 1
- Superior Office1225 Tower Ave, Superior, WI 54880Directions
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 | 14.98% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.78% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.58% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $82 | $76 | — |
- CapitalNet worth ratio14.98%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.78%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.58%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$82Peers’ 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 Indianhead Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.