• 413 E Washington St.
    Covington, IN 47932
    Mailing Address
    413 E Washington St.
    Covington, IN 47932
    Get Directions
    Phone(765) 771-8000
    Toll Free(888) 564-4328
    Fax(765) 793-2384
    Lobby Hours
    Monday - Friday8am - 6pm
    Saturday9am - 12pm
    Drive Through Hours
    Monday - Friday8am - 6pm
    Saturday9am - 12pm
Image of Covington

Welcome to the IFCU Difference

The minute you walk into our Covington, Indiana branch or speak to an employee on the phone, you immediately know — IFCU is different. We are known for having the following:

  1. The best credit cards with low fixed-rate and variable rate APRs including rewards and cash back options.
  2. The best auto loan rates with flexible terms to fit any budget.
  3. The best rates on Recreational Loans, Personal Loans, Mortgage Loans and Home Equity Loans.

We don’t operate the way banks do; we think things can be done better. We take pride in saving our members the most money on their loans, returning the most money on their deposits and providing value and financial freedom to every one of our members.

Making Your Financial Life Easier

At IFCU, we're here to make your life easier. With our state-of-the-art Online and Mobile Banking app, you can bank with IFCU wherever you go. With the ability to:

  • make remote deposits
  • receive mobile text alerts
  • make loan payments
  • transfer funds between accounts
  • put a lock on your debit card
  • pay bills
  • update your address and phone number
  • view transaction history
  • apply for a loan inside of our Online and Mobile Banking
  • and so much more!

You're always in control of your finances.

Membership. Where Every Story Matters.

Become a member today. Whether you’re someone who wants to save, spend, borrow or learn, Industrial Federal Credit Union wants to be part of your life’s journey! Our Credit Union is a diverse group of 30,000+ members and we want you to be one of them! When you’re a member, you’re part of a vibrant community who receives access to convenient services, exclusive discounts, and exceptional products. As a member, our earnings are paid back to you in the form of low rates, dividends, and community perks. It pays to be a member. Becoming a member is easy. 

Covington, Indiana

Fountain County was formed on April 1, 1826. Later that year, the county seat was established at Covington, and a two-story frame courthouse was built in 1827. The location of the county seat was a point of contention for some years, as Covington was not centrally located in the county. In 1831 an act was passed that called for the relocation of the county seat, but after further discussion it was decided that it should remain where it was. Eventually the coming of the railroads helped to alleviate the geographical concern. A brick courthouse was completed in 1833.