INOVA Credit Union Profile

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INOVA

Charter #4968 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (574) 294-6553

Fax: (574) 293-6119

Founding Date: N/A

Website: http://www.inovafederal.org

Personnel & Operations

President: Weaver, Robert

Manager: Bergl, Dallas

FT Employees: 136

PT Employees: 10

Designations & Ratios

MDI Status: No

RBC Ratio: 11.61%

Membership Type: 40

Branches: 7

Hours: 8:00 am - 6pm Monday - Frid 8:00 am - 12pm

Credit Union Profile Summary

INOVA is a FCU Credit Union. With a total of 47,328 members [1], this institution manages approximately $677,897,900 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.89% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.89% [1].

Financial Snapshot

Total Assets [1]
$677,897,900

Total economic resources.

Total Loans [1]
$609,000,294

Total value of outstanding loans.

Total Deposits [1]
$540,400,283

Total funds deposited by members.

Members [1]
47,328

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.89%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.24%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
112.69%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -5.68%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -4.89%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.49%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

358 S Elkhart Ave

Elkhart, IN, 46516
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 7 branches reported by INOVA (Charter #4968).

Main Office

Corporate Main Office

Type: Corporate Office

358 S Elkhart Ave

Elkhart, IN 46516

Phone: (574) 294-6553

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Berkeley

Berkeley

Type: Branch Office

2607 7th St Ste A

Berkeley, CA 94710-2571

Phone: (855) 477-3388

Services: Member Services, ATM

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Elkhart

CR 17

Type: Branch Office

661 County Road 17

Elkhart, IN 46516

Phone: (574) 970-1337

Services: Member Services, ATM, Drive-Thru

Open in Directions

CR 6

Type: Branch Office

619 County Road 6 E

Elkhart, IN 46514

Phone: (574) 206-2150

Services: Member Services, ATM, Drive-Thru

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Granger

Granger

Type: Branch Office

605 E University Dr

Granger, IN 46530

Phone: (574) 968-2050

Services: Member Services, ATM, Drive-Thru

Open in Directions

Michigan City

Michigan City

Type: Branch Office

1025 S Carroll Ave

Michigan City, IN 46360

Phone: (219) 874-9493

Services: Member Services, ATM, Drive-Thru

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Mishawaka

Grove Steet Branch

Type: Branch Office

121 E Grove St

Mishawaka, IN 46545

Phone: (574) 259-1939

Services: Member Services, ATM, Drive-Thru

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