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260-471-8336
1330 Directors Row
Fort Wayne, IN 46808

Partners 1St Credit Union is headquartered in Fort Wayne and is the 23rd largest credit union in the state of Indiana. It is also the 752nd largest credit union in the nation. It was established in 1952 and as of March of 2014, it had grown to 115 employees and 28,703 members. Partners 1St Credit Union has a A+ health rating.

Field of Membership Restrictions

Must live in selected areas of: Fort Wayne or Marion IN; Page County, VA; Powell or Wayne County, KY; Dorcherster County, MD or Morristown, TN. Also open to employees of several Select Employee Groups (SEG). - See Details

Reviews (1)

Fantastic Credit Union

I have been a member since 1980, and have all my children as members also. I have had numerous occasions to depend upon them, and they have always been as helpful as you would want.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Partners 1St Credit Union had $516,000 in non-current loans and owned real-estate with $31.08 million in equity and loan loss allowances on hand to cover it. This gives Partners 1St Credit Union a Texas Ratio of 1.66% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Partners 1St Credit Union decreased slightly from 2.33% as of March 31, 2013 to 1.66% as of March 31, 2014, resulting in a positive change of 28.84%.This indicates that the balance sheet and financial strength for Partners 1St Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Partners 1St Credit Union has increased its total deposits by $14.54 million, resulting in 6.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Partners 1St Credit Union has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Partners 1St Credit Union has $269.69 million in assets with $31.08 million in equity, resulting in a capitalization level of 11.53%, which is excellent.

Institution Statistics

Overall
NCUA #7688
Year Chartered1952
Employees115
Primary Regulator
Assets and Liabilities
Assets$269.69 million
Loans$102.97 million
Deposits$235.40 million
Equity Capital$29.94 million
Loan Loss Allowance$1.15 million
Unbacked Noncurrent Loans$516,000
Real Estate Owned$0
Historic Data - March 2013
Assets$255.68 million
Equity Capital$29.25 million
Loan Loss Allowance$1.45 million
Unbacked Noncurrent Loans$516,000
Real Estate Owned$57,000
Profit Margin - Quarterly
Net Interest Margin1.3%
Return on Assets0%
Return on Equity0%
Interest Income$1.70 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Partners 1St Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Partners 1St Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--IRA Shares
0.25%$10k-Health Savings Checking
0.10%--Clown Club
0.05%$200-Regular Savings
0.05%--Vacation Club
0.05%--Christmas Club
0.05%$200-Special Savings

Partners 1St Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-IMMA Gold
0.25%$50k-Insured Money Management Account

Partners 1St Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$100k-Business Checking
0.05%--Premium 1st Checking

Partners 1St Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.11%$25k-36 Month CD
0.99%$500-60 Month CD
0.91%$25k-24 Month CD
0.75%$500-48 Month CD
0.26%$500-18 Month CD
0.23%$500-12 Month CD
0.13%$500-6 Month CD
0.10%$500-3 Month CD

Partners 1St Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.11%$25k-36 Month IRA
0.99%$500-60 Month IRA
0.91%$25k-24 Month IRA
0.75%$500-48 Month IRA
0.26%$500-18 Month IRA
0.23%$500-12 Month IRA
0.13%$500-6 Month IRA
0.10%$500-3 Month IRA
Locations

Partners 1St Credit Union has 27 locations. Click to view all Partners 1St Credit Union locations.