KEMBA Indianapolis Credit Union for local banking & lending!

KEMBA Indianapolis Credit Union was chartered on October 9, 1933.  A group of Kroger employees wanted a safe place to save and borrow in the State of Indiana.  The credit union began to serve the employees of The Kroger Company and their families.  In fact, KEMBA stands for Kroger Employee Mutual Benefits Association.  While there are other “KEMBA’s” across the country (our sister credit unions) we are each individual entities that were originally established to serve Kroger employees in our markets.

Our headquarters are located on on the east side of  Indianapolis just outside of Historic Irvington, near Kroger manufacturing facilities.  We are proud to be part of the east side community!  Almost anyone in Central Indiana can join KEMBA and enjoy the benefits of membership!  Residents or workers in these Central Indiana counties are eligible:

Chances are, if you’re reading this page you are a member or are looking to become one!  We welcome you to join!  Browse around and learn about our products and services.  If you have any questions feel free to contact us, we’re happy to help.  If you’re ready, you can start your membership application with the button below!

KEMBA Indianapolis Credit Union partners with American Share Insurance, the nation’s largest private deposit insurer to protect your assets!

By member choice, KEMBA utilizes ASI to insure each member account up to $250,000, regardless of how many accounts one member holds. Since 1974 the name ASI has been interchangeable with strength and trust, and it’s hard to argue with their results.  No credit union member has ever lost money in an ASI-insured account!

ASI insures accounts for more than 1.2 million credit union members, including those at KEMBA Indianapolis Credit Union. Unlike other financial insurance providers, ASI is very careful about the clientele it chooses. It only insures credit unions that carry minimum risks. They will not insure credit unions that are heavily invested in mortgage-backed securities, exotic investments or risky investments that have a history of failure.

Working with an ASI-insured credit union should give you peace of mind for two reasons. One, your assets are safely insured by ASI when you put it in a KEMBA Credit Union account. Two, ASI wouldn’t insure KEMBA Indianapolis Credit Union if our business practices weren’t in line with their risk reduction strategies.