PROFINANCE Credit Union Profile

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PROFINANCE

Charter #2711 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (219) 736-5767

Fax: (219) 736-4463

Founding Date: N/A

Website: http://www.profinancefcu.com

Personnel & Operations

President: Elkins, Ivory

Manager: Hilley, Lindsey

FT Employees: 4

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 42

Branches: 1

Hours: Monday, Tuesday, Wednesday, Thursday, 9:00

Credit Union Profile Summary

PROFINANCE is a FCU Credit Union. With a total of 1,414 members [1], this institution manages approximately $14,197,466 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 20.96% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.17% [1].

Financial Snapshot

Total Assets [1]
$14,197,466

Total economic resources.

Total Loans [1]
$6,714,555

Total value of outstanding loans.

Total Deposits [1]
$11,206,366

Total funds deposited by members.

Members [1]
1,414

Number of active members.

Performance Ratios

Net Worth Ratio [1]
20.96%

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]
-0.13%

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

Loan-to-Share Ratio [1]
59.92%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-1.27%

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

Loan Growth (4Q) [1]
-6.17%

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

334 W 84th Dr

Merrillville, IN, 46410

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by PROFINANCE (Charter #2711).

Main Office

Profinance FCU Main Office

Type: Corporate Office

7700 Broadway

Merrillville, IN 46410

Phone: (219) 736-5767

Services: Member Services, Drive-Thru

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