These respondents were asked to provide an overall satisfaction score and answer a variety of other questions about their banking relationship. To identify the top credit unions in each state, Forbes, along with Statista, performed in-depth interviews with more than 26,000 respondents in the United States. According to Credit Unions Online, more than 130 credit unions have their main offices in Indiana. The article “America’s best credit unions in each state” ranks Centra in third place in the entire state of Indiana. If you don’t see what you want today keep checking back and you might be surprised.Centra named one of America’s best credit unions Forbes ranks Centra among the top credit unions in IndianaĬOLUMBUS, IN (June 30, 2022) - Centra Credit Union has been named by Forbes as one of Indiana’s top credit unions. If you decide that purchasing a Centra Credit Union repo is right for you, make sure to contact them about your intentions. You might even want to ask about special financing terms. Interested buyers who can set up a time to visit their repo lot where they sell the repossessed cars, ATV’s, boats, and more at a discount. Credit unions have years of experience handling car and home sales transactions. For Indiana car buyers interested in low priced credit union repo’s, they are listed for sale on the- Centra Credit Union repo list.Ĭar buyers can expect to be treated fairly awhile working with Centra on a repo purchase. There is a list of Centra Credit Union repo’s that can be obtained from any of the local branches. Centra has provided a beneficial way to deal with these credit union repo’s which benefits the credit union and also frugal buyers by selling them back to the public. All options are exhausted before a repossession takes place with Centra Credit Union but sometimes they have no choice. Occasionally Centra CU will repossess some of these secured assets. They will finance a variety of vehicles including cars, trucks, ATV’s, motorcycles, boats, and RV’s.Although the Centa is cautious in their loan underwriting all lending carries some risk for the investor. Since their beginning they have consistently proven themselves as both prudent and sensible with their lending. The credit union employs more than 285 people.Ĭentra Credit Union in Indiana is a major lender in the State. Twenty-two office locations serve communities in Indiana, New York, and North Carolina. Doug Harris serves as Centra’s president. Since its start, Centra has grown to 127,000 members with assets of more than $1 billion.
The credit union became state-chartered in 1997 and is known today as Centra Credit Union. In 1995, the name was changed to Centra Federal Credit Union, reflecting the company’s growth and diversity.
A charter was granted on October 31, 1940. At their first organizational meeting, these employees set credit union policies, including a maximum deposit of $7.50 per week and an unsecured loan limit of $25. Their goal: to identify a source of low-cost credit and a convenient place to save their hard-earned money. Its roots lie in Columbus, Indiana, where eight employees of the Cummins Engine Company founded the Cummins Employees Federal Credit Union. Where_to_find_Centra_Credit_Union_Repo’s.Ĭentra Credit Union describes their history as follows: For more than 70 years, Centra Credit Union has been known for its commitment to quality service.
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