Compare the best banks and credit unions in Indiana — up to 0.05% APY, verified fees, minimums, and membership rules from 39+ local institutions.
Indiana residents have access to a mix of state-chartered credit unions, regional community banks, and nationwide online banks. This page ranks the strongest options for savings APY, checking rewards, and CD specials — all verified against the institution's own rate page as of September 2026.
Best banks and credit unions in Indiana 2026
FORUM Credit Union — CD: 4.00% APY, $500 min, no monthly fee. 12 Month Certificate: Minimum $500 required to open, no maximum limit; penalties assessed for early withdrawal; rates as of 8/1/2026. Read Sep 7, 2026 on forumcu.com. Rates as of 2026-08-01 per the page.
Old National Bank — CD: 4.00% APY, $500 min, no monthly fee. 11-Month CD: Branch-opened limited offer on 7, 11 or 17-month terms; $500 minimum deposit, $5,000,000 maximum; rates, terms and conditions accurate as of August 28, 2026; renews at maturity into the then-current 12-month certificate; no standard 12-month CD rate is published on the page. Read Sep 7, 2026 on oldnational.com.
Peoples Bank — CD: 4.00% APY, $5,000 min, no monthly fee. 11 Month CD Special: Limited-time special: minimum opening deposit $5,000, minimum daily balance to obtain APY $0.01, 4.00% APY effective as of August 11, 2026, renews at maturity for 12 months at the then current CD rate; the rates page publishes no standard 12-month CD. Read Sep 7, 2026 on ibankpeoples.com.
Indiana Members Credit Union — CD: 3.75% APY, $1,000 min, no monthly fee. 12 Month Certificate: $1,000 minimum deposit, maximum $1,000,000 per household; membership savings account required; penalty for early withdrawal; the single-term 13-Month (4.15% APY) and 70-Month (4.30% APY) certificates are separate offers; rates effective 09.01.2026. Read Sep 7, 2026 on imcu.com. Rates as of 2026-09-01 per the page.
STAR Financial Bank — CD: 3.60% APY, $1,000 min, no monthly fee. 12 Months CD: $1,000 minimum balance; the APY quoted requires an active STAR checking relationship; APYs effective as of 5/27/2026; penalty may apply for early withdrawal. Read Sep 7, 2026 on starfinancial.com.
Merchants Bank — Money Market: 3.50% APY, $50 min, no monthly fee. Money Market Account: No minimum balance to earn APY; $50 minimum to open an account; one rate with no tiers; limited to 6 preauthorized transfers or withdrawals per monthly statement cycle; APY accurate as of 07/30/2026. Read Sep 7, 2026 on bankmerchants.com. Rates as of 2026-07-30 per the page.
CommunityAmerica Credit Union — CD: 3.40% APY, $500 min, no monthly fee. 12-month Share Certificate: Minimum deposit for a Share Certificate is $500; substantial penalty for early withdrawal; the 7-month and 11-month terms pay 3.80% APY. Read Sep 7, 2026 on communityamerica.com. Rates as of 2026-09-06 per the page.
Credit Union 1 — CD: 3.25% APY, $1,000 min, no monthly fee. 12 Months Share Certificate: $1,000 minimum balance to open and earn dividends; 90 days' dividends early withdrawal penalty; the 7-month (3.85% APY) and 15-month (3.70% APY) certificates are limited-time specials. Read Sep 7, 2026 on creditunion1.org. Rates as of 2026-04-29 per the page.
Every bank with a branch in Indiana
128 FDIC-insured banks run 1,710 full-service offices in Indiana. 96 of them are community banks, and 70 operate nowhere else. This is the federal record: every figure below is the regulator's own.
Old National Bank — 90 offices in Indiana, of 344 nationwide, holding $13.8bn at 30 June 2025, leverage ratio 8.80%.
First Merchants Bank — 87 offices in Indiana, of 127 nationwide, holding $11.7bn at 30 June 2025, leverage ratio 9.96%.
PNC Bank, National Association — 78 offices in Indiana, of 2,314 nationwide, holding $16.9bn at 30 June 2025, leverage ratio 8.98%.
1st Source Bank — 68 offices in Indiana, of 77 nationwide, holding $7.10bn at 30 June 2025, leverage ratio 13.72%.
Centier Bank — 62 offices in Indiana, and nowhere else, holding $7.96bn at 30 June 2025, leverage ratio 10.74%.
First Financial Bank — 59 offices in Indiana, of 158 nationwide, holding $6.20bn at 30 June 2025, leverage ratio 9.78%.
Lake City Bank — 55 offices in Indiana, and nowhere else, holding $6.18bn at 30 June 2025, leverage ratio 11.89%.
Horizon Bank — 46 offices in Indiana, of 73 nationwide, holding $4.11bn at 30 June 2025, leverage ratio 10.52%.
BMO Bank National Association — 46 offices in Indiana, of 957 nationwide, holding $5.46bn at 30 June 2025, leverage ratio 11.29%.
German American Bank — 43 offices in Indiana, of 89 nationwide, holding $3.94bn at 30 June 2025, leverage ratio 11.19%.
Deposits by office come from the FDIC Summary of Deposits, counted each 30 June; the leverage ratio is capital as a share of assets, from each bank's latest Call Report. Nothing here is blended into a score. Search by ZIP to see the offices nearest you.
Every bank we publish a page for in Indiana
29 of them, largest first. Each page carries the bank's own Call Report figures and every office it runs.
162 federally insured credit unions run 652 offices in Indiana, between them serving 4,818,400 members. 102 carry the NCUA's low-income designation. Figures are from each credit union's own NCUA Call Report.
Communityamerica — 1 office in Indiana, 591,912 members, $8.98bn in assets, net worth ratio 9.65%.
Baxter — 1 office in Indiana, 369,985 members, $6.50bn in assets, net worth ratio 10.10%.
Everwise — 45 offices in Indiana, 298,815 members, $5.70bn in assets, net worth ratio 8.99%.
Liberty — 15 offices in Indiana, 261,514 members, $4.77bn in assets, net worth ratio 10.70%.
United — 3 offices in Indiana, 190,895 members, $4.40bn in assets, net worth ratio 11.64%.
Indiana Members — 34 offices in Indiana, 165,204 members, $3.54bn in assets, net worth ratio 10.54%.
Three Rivers — 24 offices in Indiana, 138,447 members, $2.81bn in assets, net worth ratio 13.60%.
Credit Union 1 — 5 offices in Indiana, 167,836 members, $2.64bn in assets, net worth ratio 10.88%.
L & N — 3 offices in Indiana, 121,597 members, $2.58bn in assets, net worth ratio 10.53%.
Elements Financial — 5 offices in Indiana, 100,051 members, $2.50bn in assets, net worth ratio 11.49%.
Centra — 27 offices in Indiana, 139,152 members, $2.38bn in assets, net worth ratio 11.94%.
Forum — 16 offices in Indiana, 165,080 members, $2.34bn in assets, net worth ratio 12.86%.
A credit union is measured differently from a bank and the numbers are not interchangeable: the net worth ratio here is the NCUA's capital measure under 12 CFR 702, where 7% is well capitalised, and shares are the credit union equivalent of deposits. Membership usually turns on where you live or work, so a local credit union is often open to you even when its name suggests otherwise.
What makes a Indiana bank account worth opening
Look at four things in order: the APY (does it beat the FDIC national average of about 0.60%?), the monthly fee (anything above $0 should come with a clear waiver path), the minimum opening deposit, and the membership rule for credit unions. Indiana residents typically qualify for at least one large state-chartered credit union on residency alone, and that credit union is often the highest-APY option available locally.
Is my money safe at a Indiana bank or credit union?
Yes, if the institution is federally insured. FDIC covers banks up to $250,000 per depositor, per ownership category; NCUA covers credit unions at the same limits. Every institution in this directory carries one of those insurances — the FDIC or NCUA ID is listed on the full provider row.
Rates and fees change frequently. Confirm current figures directly with each institution before applying, and see our editorial methodology for how this directory is built and maintained.