Profinance Federal Credit Union
Overview / Commentary
Profinance Federal Credit Union is headquartered in Merrillville and is the 109th largest credit union in the state of Indiana. It is also the 3,867th largest credit union in the nation. It was established in 1938 and as of March of 2017, it had grown to 5 employees and 1,832 members at 3 locations. Profinance Federal Credit Union has a C+ health rating.
Health
C+
Data as of Q1 2017
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. Profinance Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2711 |
| Year Chartered | 1938 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.29% |
| Return on Equity - YTD | -5.6% |
| Annual Interest Income | $123.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $13.9MM$14.2MM |
| Loans | Q1 2017vs Q1 2016 | $6.0MM$5.2MM |
| Deposits | Q1 2017vs Q1 2016 | $10.6MM$10.9MM |
| Equity Capital | Q1 2017vs Q1 2016 | $3.1MM$3.3MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $71.00K$19.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $307.00K$141.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Profinance Federal Credit Union.
Locations
| Profinance Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 6450 Ameriplex Dr Ste B | Portage, IN 46368 |
| Branch Office | 8440 Allison Pointe Blvd | Indianapolis, IN 46250 |
| Branch Office | 7700 Broadway | Merrillville, IN 46410 |