At a glance
From its website, read 2 Nov 2026Afena Federal Credit Union is a credit union based in Marion, Indiana. Its website describes auto loans, small-dollar emergency loans, home repair loans and 1 other loan type. Stated loan amounts run from $200 to $40,000. Where it lends: Grant, Wabash, Blackford, Jay, and Wells counties, Indiana. Consumer loan APRs stated on its site range from 5.49% to 9.49%. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (765) 664-8089 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.afenafcu.org |
| Office (official list) | 935 N Baldwin Ave, Marion, IN 46952 |
What their website says about applying
Easy application process allows you to apply in-person, online, or over the phone
sourceBe able to provide 2 weeks of pay stubs
sourceJust call 765.664.8089 or stop into one of our three conveniently located branches.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Auto / vehicle loans | Rate: from 5.49% APR | Auto Loans As Low As 5.49% APR | source |
| Home repair / improvement loans | Rate stated, not as an APR: see their wording | As low as 7.99% | source |
| Home mortgages | Rate stated, not as an APR: see their wording | Home Equity Loan (Up to 80% LTV) Home Equity Loan (Up to 80% LTV) Home Equity Loan (Up to 80% LTV) 6.25% 6.75% 7.25% | source |
| Personal / consumer loans | Rate: from 9.49% APR | Personal Loans As Low As 9.49% APR | source |
| Auto / vehicle loans | Term: up to 7 yr | Financing for 84 months* keeps your monthly payments under control | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Collateral flexible or not always required
Unsecured personal lending options to borrow up to $40,000 without collateral
source - Low or damaged credit considered
We work with you even if you have a low credit score
source - Income limit applies
Have an income of no more than 80% of the
source - Membership required
Must open share account ($5 minimum balance required to open) and become a member of Afena Federal Credit Union
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 1 Jul 2026 |
| RSSD ID | 529985 |
| Address | 935 N Baldwin Ave, Marion, IN 46952 Directions (Google Maps) |
| Website | www.afenafcu.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Loans for new and used vehicles | source |
| Small-dollar / emergency loans | $200 – $2,000 | If you've been an Afena member for more than 6 months, you can borrow $200 to $2,000 | source |
| Home repair / improvement loans | — | Unsecured Home Improvement Loan | source |
| Personal / consumer loans | up to $40,000 | Unsecured personal lending options to borrow up to $40,000 without collateral | source |
Loan sizes
If you've been an Afena member for more than 6 months, you can borrow $200 to $2,000
sourceUnsecured personal lending options to borrow up to $40,000 without collateral
sourceBorrow $200-$2,000 with funds deposited into your account in less than 60 seconds.
source
Range used for the size filter: $200 to $40,000
Service area
Grant, Wabash, Blackford, Jay, and Wells counties, Indiana
Afena Federal Credit Union is a full-service financial institution headquartered in Marion, IN that serves Grant, Wabash, Blackford, Jay, and Wells counties.
source
Counties this matches: Blackford County, IN, Grant County, IN, Jay County, IN, Wabash County, IN, Wells County, IN
Borrower focus
- Low- and moderate-income / underserved
Flexible loans for low-income individuals and families
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Easy application process allows you to apply in-person, online, or over the phone
source
Pages read (7)
- https://www.afenafcu.org/
- https://www.afenafcu.org/borrow/loan-rates
- https://www.afenafcu.org/borrow/get-a-personal-loan
- https://www.afenafcu.org/borrow/use-my-homes-equity
- https://www.afenafcu.org/borrow/personal-loan-refinance
- https://www.afenafcu.org/borrow/buy-or-refinance-a-vehicle
- https://www.afenafcu.org/borrow/bridge-the-gap-loan
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What is the APR, including fees, on your small-dollar emergency loans and home repair loans?
Their website states a rate, but not as an APR. The APR includes fees, so it is the number to compare. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$3.3 million in 4 awards from the U.S. Treasury's CDFI Fund, 2019–2024 (CDFI Program, Financial Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $550,000 |
| 2021 | CDFI Program, Financial Assistance | $590,000 |
| 2021 | CDFI Rapid Response Program | $1,500,000 |
| 2019 | CDFI Program, Financial Assistance | $650,000 |
Emergency Capital Investment Program (ECIP)
Treasury invested $2.8 million in this institution under ECIP, by buying preferred stock or subordinated debt (an investment, not a grant; it is not counted in the award total). ECIP type on the list: CDFI. Source: U.S. Treasury ECIP participant list (last updated Mar 2025), downloaded 3 Nov 2026.
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as AFENA (charter 12153). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $97.6 million (as of 30 Jun 2026) |
|---|---|
| Members | 9,135 (as of 30 Jun 2026) |
| Offices | 3 (as of 30 Jun 2026) |
Offices by state and county (3)
Indiana (3 offices)
- Grant County (3): 935 N Baldwin Ave, Marion 46952 (main office); 1312 W 44th St, Marion 46953; 28 E Berry Ave, Upland 46989
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by Afena Federal Credit Union (NCUA charter 12153, filed as “AFENA”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $63.6 million, 5,345 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Down 5.2% from $67.1 million on 30 Jun 2025 |
| Members | 9,135 (as of 30 Jun 2026); 8,980 (as of 30 Jun 2025) |
| Loans per member | $6,967 (total loans divided by members, 30 Jun 2026) |
| Total assets | $97.6 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $10.1 million | 15.9% |
| Used vehicle loans | $27.3 million | 42.9% |
| First-lien home mortgages (1-4 family) | $9.6 million | 15.0% |
| Other real estate loans (junior liens, other) | $5.4 million | 8.6% |
| Commercial (business) loans | $699,362 | 1.1% |
| Credit cards | $2 million | 3.2% |
| Other unsecured loans | $8 million | 12.5% |
| Leases and other secured loans | $504,346 | 0.8% |
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $40,000 | Other credit unions whose website states a maximum: median $62,500. Higher than the stated maximum of 14% of these 64. |
| Total assets (Call Report, 30 Jun 2026) | $97.6 million | Larger than 60% of the 5 other certified credit unions in Indiana (median $15 million). |
| Loans as a share of assets | 65% | Median of the same 5 credit unions: 45%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $67.1 million → $63.6 million (-5%) | Median change of 5 other certified credit unions in Indiana: +10%. Rank by loans held among these 6: 2 → 3. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other credit unions stating a maximum, nationwide | 64 | higher than 14% |
| Call Report total assets | other certified credit unions in Indiana | 5 | larger than 60% |
| Loans held then vs now | certified credit unions in Indiana reporting both dates | 5 | rank 2 → 3 of 6 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
Other certified CDFIs in Marion and Indiana
- Build Fund, LLCLoan fund · Indianapolis, INSmall-business loansVerified
- CANI’s Center for Community and Economic Development, Inc. dba Brightpoint Development FundLoan fund · Fort Wayne, INSmall-dollar / emergency loans, Microloans, Small-business loansVerified
- CDFI Friendly BloomingtonLoan fund · Bloomington, INVerified
- Edge Fund, LLCLoan fund · Indianapolis, INAffordable housing development loans, Home mortgagesVerified
- Flagship Enterprise Capital, Inc.Loan fund · Anderson, INMicroloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Indianapolis Neighborhood Housing Partnership, Inc.Loan fund · Indianapolis, INHome mortgagesVerified
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