Skip to main content

State of Indiana & Elements Financial

Your credit union and financial wellness partner

Upcoming Events

  • Workshop: Ask the Experts: Buying Your Home

    Wednesday, March 19, 2025
    11:00 am - 12:00 pm Eastern

  • Workshop: The Keys to Car Buying

    Wednesday, April 16, 2025
    11:00 am - 12:00 pm Eastern

  • Workshop: The Risks & Rewards of Credit Cards

    Wednesday, May 14, 2025
    11:00 am - 12:00 pm Eastern

See All Events

Popular Special Offers

HOME EQUITY LINE OF CREDIT

6-Month Intro Rate 4.99 % APR2
Then as low as 7.50 % Variable APR
on New Home Equity Lines of Credit

Learn More Apply Now

See All Special Offers

Banking with a Human Touch

photo of Sherry Gaw

Sherry Gaw

Branch Manager

Hi! I'm Sherry Gaw, the Branch Manager at the State of Indiana Branch. I'm here to help with your financial wellness needs. Please contact me directly if you need any assistance.

Here to provide trusted advice!

  • One-on-One Credit Report Reviews
  • Creating a Custom Budget
  • Planning for Future Financial Goals
  • Tips to Build Your Savings
  • Assistance with Loan Applications
  • Debt Management Strategies
  • Reviewing Current Loans & Rates
  • Exploring Refinance Options
Meet More of the Team

Visit an Elements Branch

Find an ATM or Branch Near You

Focused on Your Financial Wellness

We’re Like a Bank, Only Better

Better Rates. Fewer Fees. Because we’re a non-profit, member-owned credit union What’s a credit union?
Trusted Advice. Fresh Approach. Workshops at your workplace and practical financial advice See financial resources
Respected Locally. Accessed Globally. Access to 78,000 ATMs and 5,000 shared branches—all with no surcharges Find an ATM or branch
High Tech. Human Touch. Modern technology and 24/7 personalized service—our goal is 100% satisfaction Learn about online banking

Top Advice Articles

See More Advice Articles

Popular Calculators

I grew up in a small town, and it was common for bank employees to greet you by name, and to make you feel important. Elements is exactly like that…except it's in a big city. Really nice staff, easy business transactions, and they actually listen!

– Curt M. | Member Since 2014
  1. 1 Share Certificate (Fixed Rate) Annual Percentage Yield (APY) effective as of March 1, 2025, and may change without notice. Minimum deposit of $1,000 to open certificate. Primary members under the age of 18 must have a $500 minimum deposit to open certificate. Minimum of $500 balance required to earn dividends. Health Savings account funds are not eligible. Fees may reduce earnings. Penalty for early withdrawal. Elements reserves the right to amend or discontinue offers at any time and to limit the balance of a certificate at any time.
  2. 2 Rates are based on an evaluation of credit history, combined loan-to-value ratio, loan term, and occupancy, so your rate may differ. Not all applicants will qualify for the displayed lowest rates. The term is 25 years, consisting of a 10-year draw period with interest-only payments followed by a 15-year repayment period with principal plus interest, which may increase your monthly payments. The Introductory Annual Percentage Rate (APR) of 4.99% is for new Home Equity Lines of Credit only and is for the first six months. HELOC modifications, renewals and increases that utilize the same property are not considered new and are not eligible for the introductory rate. To receive the Introductory rate, a draw of at least $10,000 must be made within 30 days of account opening. After the introductory rate expires, balances will be charged at the variable APR based upon the Prime rate as published in The Wall Street Journal plus a margin. The APR will never be lower than 3.75% or higher than 18%. The stated rate, correct as of March 1, 2025, applies to borrowers with credit scores of 730 or greater, CLTV 80% or less, and owner-occupied single-family residences. Elements Financial will conditionally waive the following Closing Costs associated with your home equity line of credit: flood certification, title search or title abstract, credit report, recording fees, and a simple valuation. You may be required to pay other costs such as taxes, and when required, appraisal fees. However, if you close your home equity line of credit within 36 months after it is opened, you will be required to pay an Early Closure Fee in the amount of the Closing Costs originally waived. These costs vary by state and property type. Elements Financial reserves the right to modify or end this offer at any time. Additional terms and conditions may apply. Subject to credit approval. Elements Financial Membership Required.