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Policemen's Federal Credit Union


Overview / Commentary
www.policemensfcu.org
574-234-1524
1130 S Main St
South Bend, IN 46601

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 2,139th largest credit union in the nation. It was established in 1967 and as of March of 2020, it had grown to 11 employees and 5,054 members at 1 location. 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

1


Health
A

Data as of Q1 2020

Learn why bank health matters
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

Overall
NCUA #18393
Year Chartered1967
Employees11
Primary Regulator
Profit Margin
Return on Assets - YTD0.47%
Return on Equity - YTD2.94%
Annual Interest Income$442.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$62.2MM$59.9MM
LoansQ1 2020vs Q1 2019$25.6MM$27.1MM
DepositsQ1 2020vs Q1 2019$52.3MM$50.4MM
Equity CapitalQ1 2020vs Q1 2019$9.8MM$9.4MM
Loan Loss AllowanceQ1 2020vs Q1 2019$32.00K$78.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$66.00K$13.00K
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Policemen's Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Policemen's Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$10k*-IRA Savings Account
OTHER TIERS: 0.35% → Up to $10k
0.35%*$50k*-Membership Share Savings
OTHER TIERS: 0.25% → Up to $25k | 0.30% → $25k - $50k
0.20%--Christmas Club
0.20%--Special Account
0.20%--Vacation Account

Policemen's Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Money Market Account
OTHER TIERS: 0.30% → $10k - $25k | 0.35% → $25k - $50k

Policemen's Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$5k*-Premier Checking Account
OTHER TIERS: 0.10% → $250 - $5k

Policemen's Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$20k*-4 Year Share Certificate
OTHER TIERS: 1.20% → $500 - $20k
1.20%*$20k*-3 Year Share Certificate
OTHER TIERS: 1.15% → $500 - $20k
1.10%*$20k*-30 Month Share Certificate
OTHER TIERS: 1.05% → $500 - $20k
0.95%*$20k*-24 Month Share Certificate
OTHER TIERS: 0.90% → $500 - $20k
0.75%*$20k*-18 Month Share Certificate
OTHER TIERS: 0.70% → $500 - $20k
0.70%*$20k*-12 Month Share Certificate
OTHER TIERS: 0.60% → $500 - $20k
0.45%*$20k*-6 Month Share Certificate
OTHER TIERS: 0.40% → $500 - $20k
Locations


Policemen's Federal Credit Union Locations
Branch Office1130 S Main StSouth Bend, IN 46601-3338

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