Your Money Is Safe With Us! 

Your funds are insured.
When you open an account at B&I Federal Credit Union, your money is insured up to $250,000 per individual depositor by the National Credit Union Administration. The NCUA exists for one purpose: to protect credit unions and the members who own them through effective supervision, regulation, and insurance.
The NCUA is a federal agency that ensures the safety and soundness of credit unions. This means that your deposits are protected by the federal government. No member of a federally insured credit union has ever lost a penny of insured deposits.
Other ways we protect your money: 
B&I Federal Credit Union is a not-for-profit cooperative, owned by you and the other members using our services. This means:
  • All decisions about the products and services offered are made in your best interests.
  • We do not engage in risky practices to meet stockholders’ profit demands.
  • Our cooperative, not-for-profit structure inherently holds us accountable to you and other members.
  • We live and work in the communities we serve, taking local deposits and making local loans to build thriving communities.
  • We are focused on the soundness of a traditional, relationship-based business model.

Do you have questions?  Our team at the credit union is happy to help you review and determine how to maximize NCUA insurance protection for your money.

Holiday Closing

On Monday, February 20, Business & Industrial Federal Credit Union will be closed in observance of President’s Day.

Annual Meeting

The Annual Meeting of Business & Industrial Federal Credit Union will take
place at 1:30 PM on Saturday, January 28, 2023, at the Hampton Inn location of 12161 N. US 31 Edinburgh, Indiana.

Loan Specials

Current Loan Specials

We currently have a Christmas Loan and an Auto Loan Special.  Check it out!

Christmas Loan

Use it for anything you need! Money for gifts, visiting, travel, celebrations, food, decorations, and more. An excellent alternative to high-interest store credit cards.

  • up to $2000.00
  • 7.99% APR*
  • 24 month TERM

*APR = Annual Percentage Rate. Approval based on creditworthiness. The Credit Union reserves the right to discontinue or modify this product and service at any time. A loan amount of $2,000 for 24 months at 7.99% APR will have a monthly payment of $90.45. Special ends 1/31/2023. Equal Opportunity Lender. 

Apply for a Christmas Loan Online

Auto Loan

Business & Industrial Federal Credit Union is currently offering extremely competitive auto loan rates with up to 84 months financing on certain model years. Whether you’re looking to drive a new or used car off the dealership lot, purchase one from an individual, or want to lower your current rate, we can help! Check out our current rates apply for an auto loan online! 

New Online Banking Coming Nov 3, 2022

Online Banking is currently in READ ONLY MODE.   Our new online banking tool will be available on Thursday, Nov, 3, 2022 at 8:30am.   We are upgrading our core banking system to bring you the best service and latest secure technology.   Learn more at

Memorial Day

We will be closed on Memorial Day, Monday, to commemorate the memory of all who have sacrificed their lives and those who continue to serve this country, as well as their families. Thank you!

We hope you all enjoy the long weekend, and we look forward to seeing you Tuesday!





Spring is Here!

Come visit us for your next family vacation, outdoor activity, or adventure this Spring!

We offer a variety of loans sure to meet your financial needs, and help you enjoy the outdoors!

Call us at 812-372-6091, to speak with a representative, or for any questions you may have.




Account Activity

As a reminder to all members, please make sure that in the span of every 6 months you maintain some form of account activity to avoid an inactive or dormant account, leading to a dormant fee. This can include a transfer, withdrawal or deposit.

For any additional questions please feel free to call us, at 812-372-6091

Thank you and we hope you have a great day!


Happy New Year

We want to wish everyone a Happy New Year!

We hope you are enjoying 2022 so far. With our many different financial loan options, we are sure to find a way to help you meet your financial resolutions this year! From owning a home, to a new car purchase, or even a consolidation loan! Please call us for details or to speak with a representative and we would be happy to assist you!