Overview / Commentary
Policemen's Federal Credit Union is headquartered in South Bend and is the 50th largest credit union in the state of Indiana. It is also the 1,942nd largest credit union in the nation. It was established in 1967 and as of March of 2025, it had grown to 10 employees and 4,846 members at 4 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
Health
A
Data as of Q1 2025
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. Policemen's Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 18393 |
| Year Chartered | 1967 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 7.77% |
| Annual Interest Income | $845K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $88.3MM$83.6MM |
| Loans | Q1 2025vs Q1 2024 | $30.5MM$32.6MM |
| Deposits | Q1 2025vs Q1 2024 | $74.9MM$71MM |
| Equity Capital | Q1 2025vs Q1 2024 | $13.2MM$12.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $55K$72K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $50K$101K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |