Financial Partners Federal Credit Union
Overview / Commentary
Financial Partners Federal Credit Union is headquartered in Woodburn and is the 62nd largest credit union in the state of Indiana. It is also the 2,361st largest credit union in the nation. It was established in 1965 and as of December of 2024, it had grown to 10 employees and 3,446 members at 2 locations. Financial Partners Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Financial Partners Federal Credit Union is open to those who live, work, worship, attend school, or regularly do business in the Indiana counties of Adams, Allen, or Dekalb.
See current membership details
Health
B
Data as of Q4 2024
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Financial Partners Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 16619 |
| Year Chartered | 1965 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 6.02% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $54.6MM$54.8MM |
| Loans | Q4 2024vs Q4 2023 | $24.3MM$24.4MM |
| Deposits | Q4 2024vs Q4 2023 | $49.6MM$50MM |
| Equity Capital | Q4 2024vs Q4 2023 | $4.8MM$4.5MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $163K$162K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $208K$167K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |