IU Credit Union was founded in 1956 on the campus of Indiana University Bloomington. A small group of university employees pooled their money together and established a financial cooperative - owned, operated and governed by its members. Our founders believed a member-owned financial institution would best serve the unique needs of its community. Our continued success has shown they were correct.
We’ve grown steadily over the years staying true to our founding principles and core values. We remain a safe, convenient place to save and borrow money, focused on meeting the unique financial needs of our members and community. We are proud to serve more than 70,000 members. Our assets exceed $1.6 billion, placing us among the largest credit unions in Indiana.IU Credit Union membership is open to Hoosiers who live or work in one of 65 Indiana counties.
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