Member News

Enhanced Fraud Alerts coming soon!

In our commitment to safeguarding your financial security, we are excited to announce an upgrade to our fraud alert system. We’re introducing a swift and a reliable notification system to keep you informed of any suspicious activity on your account. Keep an eye on your email, text alerts, and phone calls about potential fraud. Learn more here.

RSVP now for the Annual Membership Meeting

All members are invited to join us as we review the credit union’s success over the last year and discuss what is in store for our future. Thursday, May 16, 2024, at 4:00 P.M. EST at First Baptist Church. Please note: OUR LOBBY WILL CLOSE at 2:30 P.M. on Thursday, May 16, 2024. Learn more here.

2024 People Helping People College Scholarships open

In 2024, EIFCU will award a $1,500 scholarship to one high school senior and a $1,500 scholarship to one continuing education student. The scholarship may be used by a student pursuing either an undergraduate degree or a certification at an accredited college/university/trade school.  Learn more here.

New Service Alert- Get savvy with your money!

SavvyMoney is a comprehensive credit score program available in our Online and Mobile Banking that instantly provides you with FREE credit score analysis, your full credit report, monitoring, credit alerts, and personalized offers—all in one dashboard. This invaluable tool can start shaping your financial future to align with your goals. Not only can you access your most recent credit score and reports with no repercussions, but SavvyMoney helps you understand each factor that influences your credit score. You’ll even have personalized offers from Eastern Indiana Federal Credit Union that could even help you reduce your interest rates and save. Learn more here.

New Service Alert- Mobile Wallet

Pay quickly and securely from your smartphone. At the register, online, or on vacation.

With this new service, it’s as easy as load, tap, and pay on your smart device.

There’s no reason to lug around a wallet thick with credit and debit cards. With Mobile Wallet, you can use wallet solutions like Apple Pay, Samsung Pay, Google Pay, Fitbit Pay, and Garmin Pay to make purchases with the touch of your finger in-store or through an app by connecting your credit union debit or credit card.

International Credit Union Day 2023 Winners announced!

On October 19, 2023, we joined credit union members around the world in celebrating International Credit Union Day, an annual event to commemorate the credit union movement’s impact and achievements. 2023 marked the 75th anniversary of International Credit Union Day. Congratulations to Linda and Sue, both drawing winners of a $75 Speedway gift card! Congratulations to our kids coloring page contest winners: Mason, Ian, and Michael, each receiving a $10 Jacks Donuts gift card!

2023 “People Helping People” Teacher Mini Grants Awarded

Eastern Indiana Federal Credit Union (EIFCU) recently awarded two teacher mini grants to area educators. Honey Hunt of Knightstown Elementary School and Cara Litten of Tri Elementary School each received $200 to help them in their classrooms for the year. Additionally, these teachers also received a $500 donation to their school library. Congratulations to them and we wish them a happy new school year!

2023 Annual Meeting focuses on Success and Stability

Eastern Indiana Federal Credit Union, based in New Castle, celebrated a year of strengthening capital and serving members at their Annual Meeting. Read more here.

2023 People Helping People College Scholarships Announced

April Youth Month Winners announced!

Congratulations to Dylan! He was the closest guess on the change jar for April’s Youth Month savings challenge! He wins the deposit of $61.38 to his savings and 2 candy bars!

Congratulations to our coloring page winners: Raven, Blade, James, Riley, Michael, and Ian. They each win a $10 Jack’s Donuts gift card!

Your Funds are Safe with Us!

In light of the bank failures recently reported in the media, we wanted to reassure you that Eastern Indiana Federal Credit Union (EIFCU) is in a strong financial position with healthy capital and that your funds are safe and federally insured. The operations of your community credit union could not be more different from the banks that failed. We do not serve tech start-ups, or venture capitalists. We serve our community and families in our local area. We invest our funds in YOU - by providing home loans, car loans, or any other loan you may need to fulfill your dreams and live your best life. We do purchase investments and all investments purchased are extremely conservative and fully insured by the U.S. government.

Our members should know that EIFCU is a safe place to save money. EIFCU has sound financial policies and receives high rankings annually from regulators for safety and soundness practices and management of risk. Deposits at EIFCU are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per individual depositor – the same as any other federally insured financial institution and backed by the full faith and credit of the U.S. government. EIFCU is well capitalized and in solid financial position to meet the saving and borrowing needs of its members. We encourage you to visit MyCreditUnion.gov for more information about the National Credit Union Share Insurance Fund coverage for consumers. We pledge our continued commitment to the best interests of our members and to the safety and soundness of the credit union.

Members should also be aware that scams have already been reported, trying to alarm consumers. In this sophisticated scam the scammers are communicating that a bank or credit union is under Federal Bureau of Investigation (FBI) review and the person needs to take out their cash from their bank/credit union or risk losing it. Please be aware of suspicious calls or emails at all times. If you receive this call, please hang up, and call us immediately at 765-529-6632 or stop by our location.

2022 Annual Meeting Honors Staff Accomplishments and Growth

Eastern Indiana Federal Credit Union, based in New Castle, recently hosted their Annual Meeting to review member news and elect board members. Read more here.

EIFCU Expands Membership

Eastern Indiana Federal Credit Union (EIFCU) is excited to announce that it has received approval of its membership charter expansion by the National Credit Union Administration (NCUA). The EIFCU Board of Directors adopted the charter amendment at their December board meeting. The approval means that EIFCU can now serve those who live, work, worship, or attend school in Henry, Hancock, Delaware, and Madison counties.

While Eastern Indiana Federal Credit Union is financially strong and healthy, the Board of Directors and Management decided to explore a charter change to provide credit union services to more people, as we look to our next chapter of growth and expansion. “We’re excited about this opportunity to serve more of Eastern Indiana,” stated EIFCU President/CEO Leah Combs. “This area shares many of the same challenges, so we’re glad to bring low cost loans and valuable financial services to a larger community. For 71 years, our goal has been to connect people to the financial tools needed to help them achieve brighter financial futures. We’ve always been about ‘People Helping People.’”

Once a Member, Always a Member.  For our Rush county members: once you join, you are a member for life, as long as you maintain an active account.  EIFCU membership is still available to your immediate family and household members as well.  Once they join, they also can enjoy lifelong membership.  This charter change only applies to new members, not existing members.  You will still have access to all the benefits of our products and services and with our online banking services, you are never too far away from being able to transact business on your EIFCU account.

We look forward to continuing our efforts to help you and our entire community achieve brighter financial futures for decades to come. Click here to begin the application process.

Remote Deposit is now live!

It’s so simple to tap, snap, deposit! Learn more here.

It’s here! Skip your loan payment!

Take a break from your loan payment! Learn more here.

Easily Pay your Loan Payments online (from other financial):

We have partnered with Allied Payment to provide Portal Pay to securely process online payments to your EIFCU loan. This service is offered specifically to accommodate members who need to make a loan payment from another financial institution. It’s so easy and you can access the loan payment portal here.

Debit Card Controls are here!

Can't find your debit card? See fraud on your account? No worries - use Debit Card Control freeze/unfreeze in online or mobile banking to turn your card off. If you find it later, turn it back on. What if you can't find it? Contact us to report it lost/stolen and order a new one. You have the power to help us safeguard your account! (Important note -while freeze is immediate, please allow unfreeze additional time before using your card again.)