Notre Dame Federal Credit Union

What Notre Dame Federal Credit Union does

Notre Dame Federal Credit Union is a federally chartered, not-for-profit member-owned financial cooperative founded in 1941 and headquartered in Notre Dame, Indiana. As of April 2026, the credit union serves approximately 70,000 members with approximately $1.4 billion in total assets, operating 15 branches across Indiana, Arizona, Michigan, and Minnesota, plus access to 4,000+ shared branch locations and 30,000+ surcharge-free ATMs through the CO-OP network. Its core technology stack comprises iOS/Android mobile banking apps, online banking, interactive teller machines (ITMs), remote deposit capture, text-message banking, and a personal financial management module (ND MoneyWorks), complemented by third-party integrations such as Card Valet for card controls and Zelle for person-to-person payments.

The credit union generates revenue primarily through net interest income on its loan portfolio (auto, mortgage, HELOC, personal, credit card, commercial) and member deposits, supplemented by fee income (loan processing, card fees, service charges), insurance commissions via its Mission Insurance Solutions subsidiary (auto, home, life, business, umbrella, Medicare), and trust and investment fees via Mission Management & Trust Co. (acquired 2022). Its distribution model is relationship-driven and community-centered, combining physical branches, a dedicated Shamrock Call Center, digital self-service, and Select Employer Group partnerships with Catholic dioceses, schools, parishes, and select municipal employers. Differentiation rests on the cooperative model (profits returned to members via better rates and lower fees), 80+ years of community trust, and the ELEVATE nonprofit fundraising program, which donates 1% of member card spend and auto loan activity to eligible nonprofits — a distinctive ecosystem anchor that is difficult for competitors to replicate.

Name

Notre Dame Federal Credit Union

Legal name

Notre Dame Federal Credit Union

Website

https://notredamefcu.com

Company type

Private

Founded year

1941

Operating status

Operating

Headcount range

101–250 employees

Short description

Notre Dame Federal Credit Union is a federally chartered, not-for-profit financial cooperative serving ~70,000 members with ~$1.4B in assets across 15 branches in Indiana, Arizona, Michigan, and Minnesota, offering consumer/business banking, lending, insurance, trust, and the ELEVATE nonprofit fundraising program.

Ownership category

akta.pro rank

Product category

Retail Banking / Credit Union Services

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Employer/Occupational Credit Unions (FSABAEAB)

Keywords

• Retail banking services
• Consumer lending products
• Credit union services
• Mortgage and home equity
• Vehicle and personal loans

Headquarters

HQ city

Notre Dame

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue driver as a credit union. Earns interest on loan portfolio (auto loans, mortgages, HELOCs, personal loans, credit cards, commercial loans) and investments, offset by interest paid on member deposits and share certificates. As a not-for-profit cooperative, margins are returned to members through better rates and lower fees.
2. Insurance Commission Revenue: Mission Insurance Solutions generates commission income from insurance product sales across multiple carriers for auto, home, life, business, umbrella, and Medicare coverage.
3. Fee Income: Various fee income streams including ATM fees (foreign ATM transactions on free checking after direct deposit), credit card fees (balance transfer fees 3%, cash advance fees 3%, late payment fees up to $25, returned payment fees up to $32), loan processing fees ($249 per closed auto loan), and other service charges.
4. Trust and Wealth Management Services: Revenue from Mission Management & Trust Co. (acquired 2022), offering trust, estate, and investment services to members.
5. Securities / Capital Raises: SEC Form D exempt securities offering of up to $18 million, with $16.5 million already sold as of 2023, providing capital for lending activities and growth.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels12 records

Core offering

Notre Dame Federal Credit Union is a not-for-profit, member-owned financial cooperative that provides consumer and small-business banking products including checking, savings, certificates, IRAs, mortgages, home equity lines, auto and vehicle loans, credit cards, personal loans, insurance brokerage, and investment and trust services. Operates 15 branches across Indiana, Arizona, Michigan, and Minnesota, complemented by a digital banking platform (mobile app, online banking, ITMs) and a nationwide shared-branch/ATM network.

Product overview

Notre Dame Federal Credit Union is a not-for-profit financial cooperative offering a comprehensive suite of banking products and services organized across personal, business, and nonprofit segments. The personal banking platform centers on checking (Free Checking, Ultimate Personal Checking), savings (Share Savings, HSA, Christmas Club, Education Savings), and certificate products (Term Share Certificates with 1-120 month terms, Traditional/Roth/ Education IRAs). Lending offerings include mortgages (Fixed-Rate, Adjustable-Rate, FHA/VA, Construction-Permanent, plus Professional's and Hero's Programs), home equity products (HELOC with 3.99% intro rate, Equifast), vehicle loans (auto, motorcycle, boat, RV), credit cards (Irish Rewards Visa at 1.5% cash back, Business Platinum Rewards), and personal loans (secured and unsecured). The organization provides investment services through Mission Investment Services and insurance through Mission Insurance Solutions (auto, home, life, business, umbrella) plus Mission Asset Protection vehicle warranties. Digital banking infrastructure includes Mobile Banking App, Online Banking, ND MoneyWorks financial management, ClickSWITCH account migration, and Remote Deposit Capture. The ELEVATE Fundraising Program enables nonprofit donations through checking and credit card transactions. Business services encompass checking, savings, merchant services, treasury management, and commercial lending. Youth products include Boost Savings and LevelUp Checking for ages 0-24. The 2022 acquisition of Mission Management & Trust Co. expanded trust and estate services, and the 2026 merger with Catholic United Financial CU creates a combined organization serving approximately 70,000 members with $1.4 billion in assets.

Differentiator

Problem solved

Functional benefit

Brands

• Irish Rewards: Credit card program offering 1.5% cash back on every purchase with various APR options
• ELEVATE
• Mission Investment Services
• Mission Insurance Solutions
• Shamrock Center
• Mission Trust

Products and services

• Free Checking
• Ultimate Personal Checking
• Share Savings
• Health Savings Account (HSA)
• Christmas Club Savings
• Education Savings Account
• Term Share Certificates
• Traditional IRA
• Roth IRA
• Education IRA (Coverdell ESA)
• Boost Savings
• LevelUp Checking
• Fixed-Rate Mortgage
• Adjustable-Rate Mortgage
• FHA and VA Home Loans
• Construction-Permanent Loan
• Professional's Mortgage Program
• Hero's Mortgage Program
• Home Equity Line-of-Credit (HELOC)
• Equifast Home Equity Loan
• Auto Loans
• Motorcycle and Boat Loans
• Recreational Vehicle Loan
• Irish Rewards Visa Credit Card
• Business Platinum Rewards Credit Card
• Certificate Secured Loan
• Savings Secured Loan
• Unsecured Personal Loan
• Mission Insurance Solutions
• Mission Investment Services
• ELEVATE Fundraising Program
• Business Checking
• Business Savings
• Merchant Services
• Treasury Management
• Commercial Loans
• Ultimate Nonprofit Checking
• Mission Trust Services
• Mobile Banking App
• Online Banking

Quantifiable outcome

• Gave back over $2 million to members and community organizations in 2025 ($2,062,527 total)
• +5 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability1 record

Feature8 records

Partnerships

Eight partnerships are on record, tiered major, core and minor.

• Trusted Fraternal LifemajorStrategic or Co-development Partner · 25 June 2026Partnership announced June 25, 2026 between Trusted Fraternal Life and Notre Dame FCU to expand financial solutions and resources available to members of both organizations. Two mission-driven organizations collaborate to provide a broader financial services ecosystem to more communities.
• Catholic United Financial Credit UnioncoreStrategic or Co-development Partner · 1 April 2026Merger with Catholic United Financial Credit Union effective April 1, 2026, following approval from both boards and the National Credit Union Administration. Catholic United Financial members voted affirmatively on March 18, 2026. The combined organization operates under the Notre Dame FCU name, serving approximately 70,000 members with approximately $1.4 billion in total assets across Indiana and Minnesota. Thomas Gryp continues as President/CEO; Andrea Kuhl serves as Upper Midwest Market President.
• CU WealthNextminorStrategic or Co-development Partner · 1 January 2026Notre Dame FCU made a strategic investment in CU WealthNext (January 2026), a credit union-focused wealth management technology platform, to enhance its digital wealth services offerings.
• Diocese of LansingmajorGTM or Marketing Partner · 1 April 2024New partnership with Diocese of Lansing led by Sean Fitzgerald as Regional Director of Diocesan Outreach — West Region. Partnership expands credit union's reach within the Catholic community in Michigan.
• Mission Insurance Solutions (Arizona Insurance Specialists acquisition)minorStrategic or Co-development Partner · 1 January 2024Mission Insurance Solutions, the insurance subsidiary of Notre Dame FCU, acquired Scottsdale-based insurance agency Arizona Insurance Specialists, expanding its insurance brokerage capabilities in Arizona.
• Mission Management & Trust Co. (Mission Trust)coreStrategic or Co-development Partner · 1 February 2022Notre Dame FCU acquired Tucson-based Mission Management & Trust Co., an Arizona-chartered independent trust company, in February 2022. The company was rebranded with a new logo and expanded service offerings including trust and estate services. Collaboration enables Notre Dame FCU to expand trust and wealth management to a broader member base across the U.S.
• Catholic Community FoundationmajorGTM or Marketing Partner · 1 November 2021Catholic Community Foundation selected Notre Dame FCU as its official banking partner, leveraging the credit union's mission alignment with Catholic social teaching for foundation banking needs.
• CO-OP Financial ServicescoreTechnology or IntegrationCO-OP shared branch and ATM network providing over 4,000 shared branch locations and 30,000+ surcharge-free ATMs nationwide.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bethpage Federal Credit Union: Long Island-based, federally chartered credit union serving select employer groups and community members. Closely comparable to NDFCU as a community/employer-group-focused federal credit union with a multi-branch regional footprint, full-service banking, and member-owned cooperative model.
• SchoolsFirst Federal Credit Union: California-based credit union serving school employees and broader community. Highly comparable as a mission-aligned, employer-group-based federal credit union with similar SEG growth strategy, comprehensive product suite, and community-focused brand identity.
• Connexus Credit Union: Wisconsin-based community credit union with multi-state online presence and a comparable diversified product suite (checking, mortgages, HELOC, credit cards, insurance). Comparable scale and growth profile to NDFCU post-merger.
• First Tech Federal Credit Union: Federally chartered credit union serving technology and broader employer-group members nationwide. Similar SEG-based acquisition model and full-service banking suite make it a relevant peer, with a tech-sector rather than faith-based member focus.
• Alliant Credit Union: Federally chartered digital-first credit union serving broad community/employer groups across the U.S. Comparable product breadth and member-owned cooperative model, with stronger digital orientation than NDFCU.
• Digital Federal Credit Union (DCU): Massachusetts-based federally chartered digital and branch credit union serving employer groups and community. Comparable full-service platform and member-owned cooperative structure with multi-state digital reach.
• Teachers Federal Credit Union: Long Island-based federally chartered credit union serving educators, school employees, and select employer groups. Closely comparable to NDFCU as a mission-aligned, employer-group-anchored community federal credit union with full product suite and multi-branch regional presence.

Broad incumbents

• PenFed (Pentagon Federal Credit Union): Large federally chartered credit union serving military, government employees, and broader community. Comparable as a full-service federal credit union with comprehensive products, but significantly larger and broader-based than NDFCU's Catholic-anchored footprint.
• America First Credit Union: Large Utah-based community credit union with multi-state branch network and broad membership. Similar full-service offering (banking, mortgages, insurance, wealth) and community-focused brand, but materially larger scale than NDFCU.

Regional players

• Security Service Federal Credit Union: Texas-based federally chartered credit union primarily serving military and government SEG members with full-service banking. Comparable SEG-driven growth model but geographically concentrated in Texas rather than the Midwest.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TweetNDFCU

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Notre Dame Federal Credit Union