POWER ONE Credit Union Profile

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POWER ONE

Charter #620 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (260) 425-2324

Fax: (260) 421-1565

Founding Date: N/A

Website: http://www.poweronefcu.org

Personnel & Operations

President: Vandagriff, Wally

Manager: Turnbow, Kevin

FT Employees: 6

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 53

Branches: 5

Hours: M,T,Th,F 9-5:15 W 9-1

Credit Union Profile Summary

POWER ONE is a FCU Credit Union. With a total of 1,302 members [1], this institution manages approximately $18,370,747 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.43% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 5.13% [1].

Financial Snapshot

Total Assets [1]
$18,370,747

Total economic resources.

Total Loans [1]
$15,806,350

Total value of outstanding loans.

Total Deposits [1]
$15,623,374

Total funds deposited by members.

Members [1]
1,302

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.43%

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]
0.11%

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

Loan-to-Share Ratio [1]
101.17%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
3.99%

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

Loan Growth (4Q) [1]
5.13%

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

Member Growth (4Q) [1]
-5.52%

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

Headquarters Location & Map

Headquarters Address

1520 Spy Run Ave

Fort Wayne, IN, 46805-4031

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 5 branches reported by POWER ONE (Charter #620).

Main Office

Power One Federal Credit Union Main Office

Type: Corporate Office

1520 Spy Run Ave

Fort Wayne, IN 46805-4031

Phone: (260) 425-2324

Services: Member Services

Open in Directions

Additional Branches

New Haven

Fire-Police FCU

Type: Branch Office

104 Lincoln Hwy W

New Haven, IN 46774-2158

Phone: (260) 484-2102

Services: None specified

Open in Directions

Rockport

Rockport Branch

Type: Branch Office

2791 N US Highway 231

Rockport, IN 47635

Phone: (812) 649-6625

Services: Member Services

Open in Directions

Stevensville

Stevensville Office

Type: Branch Office

5811 Red Arrow Hwy

Stevensville, MI 49127

Phone: (269) 408-1615

Services: Member Services

Open in Directions

Vital Records Center

Type: Branch Office

5811 Red Arrow Hwy

Stevensville, MI 49127-1142

Phone: (269) 408-1615

Services: None specified

Open in Directions