Industrial Federal Credit Union Savings & Money Market Rates

How Industrial Federal Credit Union’s savings rates compare

Compared with banks and credit unions near Lafayette, IN, where Industrial Federal Credit Union has the most branches. $10,000, best rate first.

This credit union’s best
Industrial Federal Credit Union
1.01%APY
Requires
None
Minimum
$2,500
Earns on $10,000 a year
$101
Funds Manager Savings
Top rate
Horizon Bank
3.75%APY
Requires
None
Minimum
—
Earns on $10,000 a year
$375
Horizon Bank rates
2nd-highest rate
Centier Bank
3.35%APY
Requires
Monthly account activity
Minimum
$0
Earns on $10,000 a year
$335
Centier Bank rates

Compare savings rates near you →

85

Savings score

Higher than 70% of U.S. banks and credit unions

By balance

$1,000 balance$1,0000.10%
$10,000 balance$10,0001.01%
$100,000 balance$100,0001.87%
QualifiedQualified1.01%

Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.

How the score works →

Where Industrial Federal Credit Union ranks

By savings score, in each area where it has branches

Every rate

Current savings rates

Rates from the credit union’s website. Earnings assume the rate doesn’t change.

Funds Manager

1.01%APYMoney market

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns	Requirement
Up to $2,500Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	0.00%	—	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.
$2,500 – $10,001Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	1.01%	$101	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.
$10,001 – $25,000Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	1.11%	—	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.
$25,000 – $100,000Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	1.31%	—	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.
$100,000 – $250,000Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	1.87%	—	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.
$250,000 and upAssumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.	2.27%	—	Assumes dividends remain in account until maturity. Fees may reduce earnings. Minimum balance $2,500.00.

Sources (1)

ifcu.com/services/useful-resources/rates.html · captured Oct 5, 2026

Funds Manager Savings

1.01%APY$2,500 to open

Dividends are compounded and paid monthly. Minimum balance to open is $2,500.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
Up to $2,500	0.00%	—
$2,500 – $10,001	1.01%	$101
$10,001 – $25,000	1.11%	—
$25,000 – $100,000	1.31%	—
$100,000 – $250,000	1.87%	—
$250,000 and up	2.27%	—

Sources (2)

All captured Oct 5, 2026

Regular Share Savings

0.10%APY$5 to open

Establishes membership upon opening. Dividends compounded and paid quarterly.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$350 – $24,999	0.10%	$10
$25,000 and up	0.10%	—

Sources (2)

All captured Oct 5, 2026

Special Savings

0.10%APY$5 to open

Available for all sorts of purposes; open as many as needed. Dividends compounded and paid quarterly.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$350 – $24,999	0.10%	$10
$25,000 and up	0.10%	—

Sources (2)

All captured Oct 5, 2026

Special-purpose accounts

Individual Retirement Account (IRA)

0.75%APYIRA$500 to open

Traditional and Roth options available. Coverdell ESA also offered. No setup, monthly, or annual maintenance fees. Dividends compounded and paid monthly. $500 minimum balance to open or $25 with Payroll Deduction / direct deposit.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
Any balance$500 or $25 with Payroll Deduction.Any balance	0.75%	$75	$500 or $25 with Payroll Deduction.

Sources (2)

All captured Oct 5, 2026

Health Savings Account (HSA)

0.50%APYHSA$25 to open

Eligible for adults not enrolled in Medicare and covered under an HDHP. Tax-deductible contributions, tax-free earnings, and tax-free withdrawals for qualified medical expenses. No monthly service fee. No minimum balance requirements.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
Any balance	0.50%	$50

Sources (2)

All captured Oct 5, 2026

Christmas Club Savings

0.25%APYClub

Save money year-round for the holiday season. Dividends are compounded and paid quarterly. Enjoy 2 free withdrawals up until November 1st; $2 fee thereafter per withdrawal. Free withdrawals November 1st - December 31st.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
Any balanceNo minimum balance.Any balance	0.25%	$25	No minimum balance.

Sources (1)

ifcu.com/accounts/personal-savings/christmas-club.html · captured Oct 5, 2026

Youth Savings

0.15%APYKids and teens$5 to open

Available for ages up to 17. Parent or legal guardian must be an IFCU member or become a member first. Establishes IFCU membership. Dividends compounded and paid quarterly. Monthly prize drawing entries based on end-of-month balance.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
Up to $24,999	0.15%	$15
$25,000 and up	0.15%	—

Sources (2)

All captured Oct 5, 2026

Who can join Industrial Federal Credit Union

This may be incomplete or out of date, so check with the credit union before you apply.

Open to anyone

Anyone who does not qualify through Select Employer groups or family can join by making a $5 donation to an eligible partner organization.

Employers and groups

Employees, volunteers, trustees, board members, retirees, and immediate family members of employees of Select Employers are eligible for membership.

Family and household

Individuals with a family member who is a member of Industrial FCU are eligible for membership.

Cost to join

A $5 deposit into a savings account is required for membership.
A one-time $5 membership fee is required to become a member.

Membership information collected October 5, 2026.

Check membership requirements ↗Branches and institution details

How Industrial Federal Credit Union’s savings rates compare

Industrial Federal Credit Union savings score

Current savings rates

Funds Manager

Funds Manager Savings

Regular Share Savings

Special Savings

Special-purpose accounts

Individual Retirement Account (IRA)

Health Savings Account (HSA)

Christmas Club Savings

Youth Savings

Who can join Industrial Federal Credit Union

Open to anyone

Employers and groups

Family and household

Cost to join