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Energy Plus Credit Union Share
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Overview Share
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Energy Plus Credit Union is a federally insured state credit union based in Indianapolis, Indiana. It has been opened since 1925, for 97 years.

With around $34,130,000 in assets, Energy Plus Credit Union is considered to be an average size credit union.

About Share
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Address 1230 W. Morris Street
Indianapolis, Indiana 46221
Website http://www.energypluscu.org
Phone (317) 261-8521
Fax (317) 261-5480
CEO Cari Palmer
President of the Board Nick Grimmer
Services Offered
Score Card Share
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97 years
Years in business
Opened in 1925
Well Capitalized
Net worth classification
Source: NCUA
4,249 members
Membership type: State chartered natural person credit union
Average number of members
327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$34,130,368
Total assets
Average size
3 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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3 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
Energy Plus Credit Union Branch Locations

Energy Plus Credit Union: Main Office
1230 W. Morris Street
Indianapolis, Indiana 46221
No ATM
Energy Plus Credit Union: Petersburg Branch
6925 North State Road 57
Petersburg, Indiana 47567
No ATM
Energy Plus Credit Union: Citizen's Gas Branch
2020 North Meridian Street
Indianapolis, Indiana 46202
No ATM
Members Share
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4,249 members
Membership type: State chartered natural person credit union
Average number of members

With 4,249 members, the Energy Plus Credit Union is considered to be a medium size credit union. It is larger than 53% of credit unions.

Fees Share
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$94
Average fee per member
The average fee per member at the Energy Plus Credit Union is $94, which is very high compared to most credit unions. This rate is higher than 82% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Energy Plus Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
13 staff members
FTE (full-time equivalent)
14% of employees are part-time
12 full-time, 2 part-time

Energy Plus Credit Union has 12 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 86% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Energy Plus Credit Union has around 327 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$34,130,368
Total assets
Average size
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
14.9%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$10,071
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 50% of credit unions.

Energy Plus Credit Union holds a total of $25,330,000 in loans and leases, which is about $10,071 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Energy Plus Credit Union pays 0.10%.

Loan rates Share
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11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.50%
New car loan rate
Compared to 4.0% nationally
5.25%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Credit Union ATM: 300 North Pershing Street
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Energy Plus Credit Union: Petersburg Branch
Credit Union Branch: 6925 North State Road 57
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Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Energy Plus Credit Union
Credit Union: Well Capitalized Indianapolis, Indiana 4249.0 $34 million Well Capitalized