Policemen's Federal Credit Union
Policemen's Federal Credit Union is headquartered in South Bend and is the 53rd largest credit union in the state of Indiana. It is also the 2,109th largest credit union in the nation. It was established in 1967 and as of December of 2021, it had grown to 9 employees and 4,931 members at 2 locations. Policemen's Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Policemen's Federal Credit Union is open to anyone through supporting local law enforcement with a small, one time membership fee to the Fraternal Order of Police Associates. Membership is also open to members of the law enforcement community of St. Joseph County in Indiana.
See current membership details
Limited Membership
Membership is limited to IN residents who are able to apply in person at an office of the credit union
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18393 |
| Year Chartered | 1967 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.32% |
| Return on Equity - YTD | 2.45% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $76.1MM$69.0MM |
| Loans | Q4 2021vs Q4 2020 | $23.3MM$23.0MM |
| Deposits | Q4 2021vs Q4 2020 | $65.8MM$59.1MM |
| Equity Capital | Q4 2021vs Q4 2020 | $10.1MM$9.9MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $39.00K$57.00K |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $102.00K$119.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |