Charter 4968 · Elkhart, IN
Inova Federal Credit Union
Inova Federal Credit Union is a federally chartered credit union in Elkhart, Indiana, with $643 million in assets and 47,605 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.36%, above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $643 million
- -5.1% in a year
- Members
- 47,605
- +0.6% in a year
- Net worth ratio
- 8.36%
- Peer median 10.79%
- Loans 60+ days late
- 0.94%
- Peer median 0.67%
- Loans outstanding
- $593 million
- -2.6% in a year
- Shares and deposits
- $516 million
- -4.5% in a year
- Branches
- 7
- 144 employees
- Opened
- 1942
- Federal charter
How Inova Federal Credit Union compares
NCUA groups credit unions by size; Inova Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 8.36% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.94%, is higher than the group median of 0.67%. Loans fell 2.6% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 20 of 121 credit unions headquartered in Indiana. See all Indiana credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $643 million | 47,605 | $593 million | 8.36% | 0.94% |
| Q1 2026 | $658 million | 47,671 | $594 million | 8.11% | 0.97% |
| Q4 2025 | $656 million | 47,545 | $598 million | 8.12% | 0.99% |
| Q3 2025 | $663 million | 47,509 | $607 million | 8.06% | 0.99% |
| Q2 2025 | $678 million | 47,328 | $609 million | 7.89% | 1.01% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 427,383 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 6 sites for Inova Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Corporate (main office)
358 S Elkhart Ave, Elkhart, IN 46516 - Main Steet Branch
602 N Main St, Mishawaka, IN 46545 - CR 6
619 County Road 6 E, Elkhart, IN 46514 - CR 17
661 County Road 17, Elkhart, IN 46516 - Granger
605 E University Dr, Granger, IN 46530 - Michigan City
1025 S Carroll Ave, Michigan City, IN 46360
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology