Power One Federal Credit Union


Overview / Commentary
260-425-2324
1520 Spy Run Ave
Fort Wayne, IN 46805

Power One Federal Credit Union is headquartered in Fort Wayne and is the 99th largest credit union in the state of Indiana. It is also the 3,279th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 6 employees and 1,488 members at 5 locations. Power One Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership to Power One Federal Credit Union is open to employees of American Electric Power, Plastic Composites, or to those who live in the Spy Run Neighborhood Association, and their immediate family members.
See current membership details

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Health
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. Power One Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #620
Year Chartered1935
Employees6
Primary Regulator
Profit Margin
Return on Assets - YTD0.06%
Return on Equity - YTD0.43%
Annual Interest Income$250K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$18MM$17.7MM
LoansQ1 2025vs Q1 2024$15.3MM$14.8MM
DepositsQ1 2025vs Q1 2024$15.3MM$15.1MM
Equity CapitalQ1 2025vs Q1 2024$2.6MM$2.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$168K$169K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$162K$36K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Power One Federal Credit Union Locations
Branch Office2791 N US Highway 231Rockport, IN 47635
Branch Office5811 Red Arrow HwyStevensville, MI 49127-1142
Branch Office1520 Spy Run AveFort Wayne, IN 46805-4031
Branch Office5811 Red Arrow HwyStevensville, MI 49127
Branch Office104 Lincoln Hwy WNew Haven, IN 46774-2158

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