PROFED Credit Union Profile

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PROFED

Charter #17012 | NCUA Region 2 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (260) 483-0514

Fax: (260) 471-2648

Founding Date: N/A

Website: http://www.profedcu.org

Personnel & Operations

President: Menor, Barry

Manager: Baker, Konstantina

FT Employees: 177

PT Employees: 6

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 13

Hours: Lobby: Monday-Thursday 9:00-5:00, Friday 9:

Credit Union Profile Summary

PROFED is a FCU Credit Union. With a total of 66,112 members ^[1], this institution manages approximately $729,330,237 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 12.35% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.12% ^[1].

Financial Snapshot

Total Assets ^[1]

$729,330,237

Total economic resources.

Total Loans ^[1]

$507,078,917

Total value of outstanding loans.

Total Deposits ^[1]

$630,518,596

Total funds deposited by members.

Members ^[1]

66,112

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

12.35%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.26%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

80.42%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 3.50%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 4.12%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 2.95%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1710 Saint Joe River Dr

Fort Wayne, IN, 46805-1436

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 12 branches reported by PROFED (Charter #17012).

Main Office

Main Branch Main Office

Type: Corporate Office

Kendallville Branch

Type: Branch Office

419 E North St

Kendallville, IN 46755-1129

Phone: (260) 347-0520

Services: Member Services, ATM, Drive-Thru

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