Credit union · NCUA insured
INOVA Federal Credit Union
A $658.1M credit union headquartered in Elkhart, IN, with 47,671 members and 6 branches in Indiana. Best rates: CDs 4.75% and savings 0.25% APY.
INOVA Federal Credit Union Carrot Score
84
Carrot Score
Higher than 66% of U.S. banks and credit unions
#5 of 15 in Elkhart, IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About INOVA Federal Credit Union
Established in 1942, INOVA Federal Credit Union was originally chartered to serve the employees of Miles Laboratories.
The credit union operates six branch locations, over 5,600 service center locations, and nearly 30,000 free ATMs nationwide.
- Headquarters
- 358 S Elkhart Ave, Elkhart, IN 46516
- NCUA charter
- 4968
Branches
6 branches in Indiana
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Indiana
6 branches
Elkhart area · 3
- CorporateMain office358 S Elkhart Ave, Elkhart, IN 46516Directions
- Cr 17661 County Road 17, Elkhart, IN 46516Directions
- Cr 6619 County Road 6 E, Elkhart, IN 46514Directions
South Bend area · 2
- Granger605 E University Dr, Granger, IN 46530Directions
- Main Steet Branch602 N Main St, Mishawaka, IN 46545Directions
Michigan City area · 1
- Michigan City1025 S Carroll Ave, Michigan City, IN 46360Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 8.36% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.94% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.17% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $115 | $76 | — |
- CapitalNet worth ratio8.36%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.94%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.17%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$115Peers’ 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 INOVA 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.