Policemen's Federal Credit Union
Policemen's Federal Credit Union is headquartered in South Bend and is the 51st largest credit union in the state of Indiana. It is also the 2,009th largest credit union in the nation. It was established in 1967 and as of September of 2022, it had grown to 11 employees and 5,296 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 Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18393 |
| Year Chartered | 1967 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.09% |
| Return on Equity - YTD | 0.61% |
| Annual Interest Income | $966.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $85.1MM$77.7MM |
| Loans | Q3 2022vs Q3 2021 | $30.7MM$23.4MM |
| Deposits | Q3 2022vs Q3 2021 | $73.5MM$67.3MM |
| Equity Capital | Q3 2022vs Q3 2021 | $11.3MM$10.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $42.00K$39.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $21.00K$70.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |