Policemen's Federal Credit Union

Overview / Commentary
1130 S Main St
South Bend, IN 46601-3888

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

Reviews (1)

Limited Membership

Posted by: |

Membership is limited to IN residents who are able to apply in person at an office of the credit union

Additional 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. Policemen's Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #18393
Year Chartered1967
Primary Regulator
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD2.45%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$76.1MM$69.0MM
LoansQ4 2021vs Q4 2020$23.3MM$23.0MM
DepositsQ4 2021vs Q4 2020$65.8MM$59.1MM
Equity CapitalQ4 2021vs Q4 2020$10.1MM$9.9MM
Loan Loss AllowanceQ4 2021vs Q4 2020$39.00K$57.00K
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$102.00K$119.00K
Real Estate OwnedQ4 2021vs Q4 2020$0$0

Rates for Policemen's Federal Credit Union are currently being reviewed.


Policemen's Federal Credit Union Locations
Branch Office1130 S Main StSouth Bend, IN 46601-3338
Corporate Office1816 N Main StMishawaka, IN 46545

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.