Locations & Hours
We are located in Downtown Indianapolis, within the IBEW 481 Union Building and Indiana Farm Bureau Insurance Building!
1828 N Meridian Street, Suite 102 (IBEW Local 481)
Indianapolis, IN 46202
225 South East Street, Suite 270 (Indiana Farm Bureau Insurance)
Indianapolis, IN 46202
- Meridian Street: Monday - Friday 10:00 am - 4:30 pm (open until 6pm on the first Business Wednesday of the month)
- East Street: Monday - Friday 9:00 am - 3:30 pm
- View our Holiday Schedule for Closings
- May 30, 2016: Memorial Day
- July 4, 2016: Independence Day
- September 5, 2016: Labor Day
- November 24-25, 2016: Thanksgiving Holiday
- December 2016: Christmas Holiday TBA
- December 2016: New Year's Holiday TBA
- January 2, 2017: New Years Day
Service Center / Outlet Locations
Need access to your account when we are closed? Would you like to be able to access your account closer to home? Well you can by using one of our service center locations!
- Visit Credit Union Service Center online for locations and hours!
- FindBranch iTunes Application
- Credit Union Shared Branching Android Application
Sur-Charge Free ATMs
Want to get funds from your account at an ATM, but hate paying sur-charge fees? You don't have to, check out one of the links below and find sur-charge FREE ATM machines!
- 1828 N Meridian Street, Suite 102 (IBEW Local 481)
Meet the Staff
Jennifer Mulligan, C.E.O.
- Jennifer has been with HUCU since November 1997. She oversees all of the credit union functions, and ensures that HUCU is fully operational and is responsible for the staff.
Jeanna Richardson, VP of Operations
- Jeanna has been with HUCU since July 2004. She handles member service, loans, HUCU marketing, collections, and website details. She is also responsible for employees and operations.
Gayle Pieper, Internal Auditor
- Gayle has been with HUCU since 2007. She handles file auditing and operations. She also assists our C.E.O. with additional office duties.
CeAnn Dick, Loan Officer
- CeAnn has been with HUCU since April 2007. She is responsible for member service, loans, and various office duties.
Jennifer Hollenbaugh, Teller
- Jennifer has been with HUCU since 2012. She operates a teller window, and is responsible for member service.
JJ Kerr, Financial Services Representative
- JJ has been with HUCU since 2013. She is responsible for member service, member loans, and various office duties.
Courtney Hess, Teller
- JJ has been with HUCU since 2016. She operates a teller window, and is responsible for member service.
You can contact any one of our staff members by EMAIL, Phone, Fax, or in Person!
Foundations of HUCU
Hoosier United Credit Union became a state charted credit union on May 26, 1931. We were originally chartered under the name Farm Bureau Employees Credit Union. This name originated from our core membership base being Farm Bureau Employees. In the 1980's after a credit union merger we changed our name to Hoosier Farm Bureau Credit Union, in recognition that we now had the ability to serve more people. In March 2013 we merged IKIBEW Federal Credit Union. This added the IBEW Local 481Members to the HUCU Family. Today HUCU has an asset size of approximately $17 million, and we serve over 4000 members! We strive to meet the credit union standard of "Members helping Members", and we have continued to flourish for over 80 years. We truly believe in helping our members, and getting to know them individually. Because we are a smaller credit union we can accomplish these goals, but only through the support and commitment of our membership.
Top 10 Reasons why Credit Unions Rule
10. Better interest rates on loans
9. Personal loans are more likely
8. Better interest rates on deposits
7. Lower fees
6. Fewer customers, better relationships
5. Fewer customers, so you are more important
4. No call centers!
3. You can be involved at the credit union
2. NCUA Insurance
1. Less profit-driven
This is from an article published on MSN Money Smart Spending.
Credit Unions vs. Banks
Members... Not customers
- Credit unions have members. Each person who deposits money in a credit union becomes a member of the credit union because the deposit is considered their share of ownership. Therefore we have member-owners!
- Banks have customers. They can serve a large portion of the general public, and the customers have no voice in bank operations regardless of how much that customer has on deposit.
Not-for-profit... Instead of FOR profit
- Credit unions are not-for-profit. This means that expenses are paid, reserves are set aside, and surplus earnings are returned to members in the form of lower loan rates, and higher dividend rates.
- Banks are for profit. Banks create profit to share with their investors, not for the mutual benefit of all of their customers
Cooperative... Instead of Individual Entities
- Credit unions believe in helping each other, just as we help our members. We share resources, and merge ideas to help our industry as a whole. Through development of worldwide and national organizations we can continue this tradition.
- Banks typically are organized and cooperate on individual or state levels, however are typically unwilling to share ideas and resources with other banks or financial institutions.
Serves Specific Groups... Not Just the General Public
- Credit unions were originally developed to serve a select group of members. HUCU was originally started in 1931 to serve Farm Bureau employees. As demand and times change, we have added more employer groups to allow our credit union to grow and offer more services to our members. Many credit unions now hold community charters, allowing them to serve anyone who lives or works in a specific city or county. This has allowed the credit union movement to expand and help many more people. However, because we develop our membership this way, we know and work with our members on a personal level.
- Banks typically gain customers by whatever means necessary. This generally means anyone in the general public can become a customer at any time, without getting to know their customers.
NCUA vs. FDIC
- The NCUA is the National Credit Union Administration, a US Government Agency, that federally insures credit union member deposits to at least $250,000.
- NCUA insures accounts in credit unions through the National Credit Union Share Insurance Fund (Share Insurance Fund)
- Congress established the Share Insurance Fund in 1970 to insure member's shares
- The Share Insurance Fund is backed by the full faith and credit of the United States Government
- The Share Insurance Fund provides essentially the same coverage as the Federal Deposit Insurance Corporation's (FDIC) account insurance
- Not one penny of insured savings has even been lost by a member of a federally insured credit union
- Access the NCUA on the web and view their Share Insurance Kit for full details!
- Contact NCUA by phone at 1-800-755-1030
- The FDIC is the Federal Deposit Insurance Corporation, a US Government Agency, that federally insures bank and thrift institution deposits to at least $250,000.
- The FDIC was created in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s.
- Not one cent of insured funds has been lost by a customer.
- The FDIC is funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earning on investments in U.S. Treasury securities
- Access the FDIC on the web for more information and details.
- Contact the FDIC by phone at 1-877-ASK FDIC (275-3342)
What is my $5.00 minimum balance for?
The $5.00 deposit you make to your regular savings account when you first open a new account is considered your "share" in the credit union. This "share" makes you a member-owner of the credit union. Being a member-owner you have voting ability to elect our volunteer board members and committee members. You also have a say, and get insight into how the credit union is run and how it functions!
Indiana Credit Union League
- HUCU is a member of the Indiana Credit Union League, or ICUL
- The ICUL is a trade association representing 90% of Indiana's credit unions!
- They allow cooperation and collaboration between Indiana's credit unions, and allow idea and resource sharing to be maximized.
- For more details, visit ICUL Online.
- Contact Us
PDF documents require Adobe Reader to view. Download Adobe Reader for free here.