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FORUM Credit Union

Member-owned financial cooperative offering banking services

Overview

FORUM Credit Union is a not-for-profit, member-owned financial cooperative serving individuals and businesses in Indiana. It offers checking and savings, mortgages, auto and personal loans, credit cards, HSAs, IRAs, youth savings, plus business services like cash management and SBA loans. As a member-owned cooperative, profits go back to members through better loan rates and higher savings dividends, with digital banking and access to 13 local branches and over 5,000 shared branches nationwide. It differentiates itself through its not-for-profit model, history of adopting technology, and broad commercial services with nationwide access. Its goal is to help members live their financial dreams by providing comprehensive financial services, education, and guidance tailored to individuals and businesses.

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About FORUM Credit Union

Simplify's Rating
Why FORUM Credit Union is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

2015

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What believers are saying

  • On November 3, 2026, FORUM Foundation awarded $29,937 to 14 educators.
  • FORUM says its balance sheet, asset quality, and earnings remain strong after September 2026 planning.
  • The October 2026 fraud chief hire strengthens controls after rising member fraud pressure.

What critics are saying

  • The September 2, 2026 FCRA lawsuit names FORUM in federal court.
  • Fraud and cybersecurity pressure forced a new vice president role on October 30, 2026.
  • A major fraud or data breach triggers member flight and NCUA intervention.

What makes FORUM Credit Union unique

  • FORUM built its CU Online mobile app in-house, rare among credit unions.
  • Its cooperative model returned value through 166,307 member-owners in September 2026.
  • FORUM pairs 13 Indianapolis branches with 5,000 shared branches and surcharge-free ATMs.

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Benefits

  • 401(k) Company Match
  • Tuition Assistance
  • Student Loan Reimbursement
  • Wellness Program
  • Paid Vacation
  • Comprehensive Benefits Package
  • Professional Development Budget
  • Training Programs

Company News

Building Indiana
Oct 30th, 2026
FORUM Credit Union names Jessica Roeder VP of Fraud Strategies and Operations.

FORUM Credit Union names Jessica Roeder VP of Fraud Strategies and Operations. Jessica Roeder Posted Friday, October 30, 2026 7:00 am News Release FORUM Credit Union announced that Jessica Roeder has rejoined the organization as Vice President of Fraud Strategies and Operations. Jessica, who previously served FORUM from 2019 to 2024 as an Internal Auditor and Internal Audit Manager, brings more than a decade of credit union, internal controls, and fraud operations experience to the role. Her connection to credit unions started early: her mother worked at a credit union in Muncie for more than 30 years, and she spent many Monday mornings at her mom's staff meetings before school. In her new position, Jessica will shape FORUM's approach to combating fraud, from identifying emerging risks to strengthening how the Credit Union responds and recovers. Working closely with IT, Cybersecurity, and other key business areas, she will use technology, analytics, and stronger controls to protect members while preserving a seamless member experience. She holds a bachelor's degree in criminal justice with a minor in management from IUPUI and a Master of Public Administration from Ball State University. She is also affiliated with the Indianapolis Chapter of the Association of Certified Fraud Examiners and the Kentuckiana Chapter of the International Association of Financial Crimes Investigators. "We are thrilled to welcome Jessica back to FORUM. She is a highly respected leader whose extensive experience in fraud prevention, risk mitigation, and team leadership makes her a tremendous asset to our organization. Jessica's knowledge, industry expertise, and passion for protecting our members will be invaluable as we continue to strengthen our fraud strategies and deliver exceptional service," said Andrew Spirrison, Chief Member Experience Officer.

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