Question 1

What is Indiana Members Credit Union (IMCU)?

Accepted Answer

Indiana Members Credit Union (IMCU) is a state-chartered credit union headquartered in Indianapolis, Indiana. With over $3.4 billion in assets and more than 163,000 members, IMCU is the largest credit union in Central Indiana. The credit union operates 31 full-service branches throughout Central and Southern Indiana, providing comprehensive financial services to individuals, families, and businesses.

IMCU was named the #1 credit union in Indiana on Forbes' inaugural "Best-In-State Credit Union" listing and has received recognition as a Top Workplace by IndyStar and one of Newsweek's America's Best Regional Credit Unions.

Question 2

When was Indiana Members Credit Union (IMCU) founded?

Accepted Answer

IMCU was founded in 1956 as Indiana University Medical Center Federal Credit Union by employees of the Indiana University Medical Center on what is today's IU Indianapolis Campus (formerly IUPUI). The credit union was established as a member-owned, not-for-profit financial institution founded on and by the employees of the IU Medical Center to provide affordable financial services.

IMCU is still headquartered in Indianapolis and continues to maintain a branch on the IU Indianapolis campus, honoring its founding roots. Over nearly seven decades, the credit union has grown from serving a single employer group to becoming Central Indiana's largest credit union, while maintaining its founding philosophy of "People Helping People."

IMCU has expanded through strategic mergers, including the June 2021 merger with Members Choice Federal Credit Union of Bloomington, Indiana, which added $17 million in assets and expanded the credit union's presence in Southern Indiana and Monroe County.

Question 3

Where is Indiana Members Credit Union (IMCU) headquartered?

Accepted Answer

IMCU is headquartered in Indianapolis, Indiana, at P.O. Box 47769, Indianapolis, IN 46247.

Question 4

Where does Indiana Members Credit Union (IMCU) operate?

Accepted Answer

IMCU operates throughout Central and Southern Indiana through a network of 31 full-service branches. The credit union's field of membership is extensive, covering anyone who lives or works in numerous Indiana counties, as well as several counties in Kentucky.

Indiana counties in IMCU's service area include Bartholomew, Blackford, Boone, Brown, Clark, Clay, Clinton, Crawford, Daviess, Decatur, Delaware, Dubois, Floyd, Fountain, Gibson, Grant, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jefferson, Jennings, Johnson, Knox, Lawrence, Madison, Marion, Miami, Monroe, Montgomery, Morgan, Owen, Parke, Perry, Posey, Putnam, Randolph (Jackson or Wayne Townships), Ripley, Rush, Scott, Shelby, Spencer, Tippecanoe, Tipton, Vanderburgh, Vigo, Warrick, Washington, and Wayne counties.

Kentucky counties include Breckinridge, Bullitt, Daviess, Grayson, Hancock, Hardin, Henderson, Henry, Jefferson, Larue, Marion, McLean, Meade, Nelson, Ohio, Oldham, Shelby, Spencer, Trimble, Union, Washington, and Webster Counties.

Question 5

What services does Indiana Members Credit Union (IMCU) offer?

Accepted Answer

IMCU provides a comprehensive array of financial products and services for both consumer and business members. Consumer services include checking accounts, savings accounts, money market accounts, certificates of deposit, and retirement accounts. The credit union offers competitive loan products including auto loans, personal loans, mortgage loans, home equity loans and lines of credit, and student loans.

Business members have access to business checking and savings accounts, commercial lending, business credit cards, merchant services, and cash management solutions. IMCU has dedicated commercial offerings designed to support business growth and expansion.

Digital banking services include online banking, mobile banking with mobile check deposit, bill pay services, and remote access to account management tools. The credit union provides members with access to a broad ATM network and online chat support with dedicated Spanish-speaking staff and bilingual ATMs for enhanced accessibility.

IMCU also offers financial counseling and planning services, providing members with resources to make confident financial decisions for their future.

Question 6

What makes Indiana Members Credit Union (IMCU) unique?

Accepted Answer

IMCU distinguishes itself through its unwavering commitment to simplicity and member service, operating under the philosophy of "Keeping It Simple" while delivering valuable products and services with friendly, competent service and advanced technology.

The credit union has earned prestigious recognition, including being named Forbes' #1 "Best-In-State" Credit Union in Indiana based on a survey of over 25,000 customers evaluating overall recommendations, satisfaction, trust, terms and conditions, branch services, digital services, and financial advice. IMCU was also recognized as a winner in the 2025 Best Things Community Choice Awards, a Top Workplace by IndyStar in 2025, and one of Newsweek's America's Best Regional Credit Unions in 2025.

IMCU maintains strong financial performance with a 10.24% net worth ratio and has experienced solid growth with 8.70% deposit growth and 8.07% loan growth over the past four quarters. The credit union demonstrates its commitment to the cooperative philosophy of "People Helping People" in all decisions and efforts.

IMCU's mission and values focus on bettering the lives of those it serves, remaining true to its founding roots while continuously innovating to meet member needs.

Question 7

What type of financial institution is Indiana Members Credit Union (IMCU)?

Accepted Answer

Indiana Members Credit Union is a state-chartered credit union regulated by the state of Indiana and the National Credit Union Administration (NCUA). Member deposits are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government through the NCUA, a U.S. government agency.

As a member-owned, not-for-profit financial cooperative, IMCU operates solely for the benefit of its members. Members are the owners of the credit union and benefit from its success through competitive rates, lower fees, and enhanced services. The credit union operates democratically, with member-elected leadership guiding the institution's direction and ensuring it remains focused on member needs rather than generating profits for external shareholders.

Indiana Members Credit Union (IMCU)

in the United States 🇺🇸

Crypto-Friendliness

All done!

About Indiana Members Credit Union (IMCU) in the United States