Charter 306 · Anderson, IN
Madison County Federal Credit Union
Madison County Federal Credit Union is a federally chartered credit union in Anderson, Indiana, with $114 million in assets and 9,093 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.24%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $114 million
- +1.6% in a year
- Members
- 9,093
- +0.8% in a year
- Net worth ratio
- 11.24%
- Peer median 11.65%
- Loans 60+ days late
- 0.67%
- Peer median 0.70%
- Loans outstanding
- $68.1 million
- +2.3% in a year
- Shares and deposits
- $100 million
- +0.3% in a year
- Branches
- 5
- 42 employees
- Opened
- 1935
- Federal charter
How Madison County Federal Credit Union compares
NCUA groups credit unions by size; Madison County Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 11.24% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.67%, is about the same as the group median of 0.70%. Loans grew 2.3% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 40 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 | $114 million | 9,093 | $68.1 million | 11.24% | 0.67% |
| Q1 2026 | $117 million | 9,062 | $67.6 million | 10.68% | 0.45% |
| Q4 2025 | $113 million | 9,032 | $68.2 million | 10.83% | 1.10% |
| Q3 2025 | $113 million | 9,040 | $68.3 million | 10.73% | 1.40% |
| Q2 2025 | $112 million | 9,018 | $66.6 million | 10.56% | 1.59% |
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 375,000 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 7 sites for Madison County 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.
- Madison County Federal Credit Union (main office)
621 E 8Th St, Anderson, IN 46012 - CU Answers
6000 28Th St Se Ste 100, Grand Rapids, MI 49546 - Madison County FCU
2309 Charles St, Anderson, IN 46013 - Madison County FCU
3607 Nichol Ave, Anderson, IN 46011 - Madison County FCU
1203 Main St, Anderson, IN 46016 - Madison County FCU
7953 E State Road 28, Elwood, IN 46036 - Elwood Dollar General Market Plaza ATM
1900 S Anderson St, Elwood, IN 46036
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