Industrial Federal Credit Union Ranked #1 Credit Union In Indiana By Forbes For Second Consecutive Year
06/22/2026
By: Industrial Federal Credit Union
Industrial Federal Credit Union (IFCU) is proud to announce that it has been named the #1 Credit Union in Indiana on the Forbes 2026 Best-In-State Credit Unions list, marking the second consecutive year the credit union has earned the top ranking.
The annual Forbes ranking, developed in partnership with market research firm Statista, is based on independent surveys of more than 26,000 U.S. consumers. Credit unions are evaluated on key factors including trust, customer service, digital services, financial advice, and overall member satisfaction.
Earning the top spot among Indiana credit unions reflects IFCU’s continued commitment to delivering exceptional member experiences while helping individuals and families achieve their financial goals.
“We are incredibly honored to once again be recognized by Forbes as the top credit union in Indiana,” said Kevin Umlauf, President and CEO of Industrial Federal Credit Union. “This recognition belongs to our dedicated employees and our loyal members who place their trust in us every day. At IFCU, our mission has always been to put members first, and this award reinforces our commitment to providing innovative financial solutions, personalized service, and meaningful support to the communities we serve.”
Founded in 1954, Industrial Federal Credit Union began as a small credit union serving employees of Ross Gear in Lafayette, Indiana. What started as a modest operation has grown into a full-service financial cooperative serving more than 32,000 members across Indiana. Today, IFCU operates Member Centers in Lafayette, West Lafayette, Frankfort, Delphi, Monticello, Crawfordsville, and Covington, while also providing convenient digital banking solutions to members throughout the state.
As a member-owned financial institution, IFCU offers a full range of financial products and services, including checking and savings accounts, auto loans, mortgages, home equity loans, business services, credit cards, and financial wellness resources. The credit union remains committed to helping members build stronger financial futures through personalized guidance, competitive products, and community-focused service.
To learn more about Industrial Federal Credit Union and its products and services, visit https://www.ifcu.com.
For more information about the Forbes Best-In-State Credit Unions rankings, visit https://www.forbes.com/lists/best-in-state-credit-unions/.
About Industrial Federal Credit Union
Industrial Federal Credit Union (IFCU) is a full-service, member-owned financial cooperative dedicated to helping individuals, families, and businesses achieve their financial goals. Since 1954, IFCU has remained committed to providing exceptional service, innovative financial solutions, and meaningful community involvement. Learn more at https://www.ifcu.com.