Sep, 30, 2025 — PROFED FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WAYNE, IN with 13 branch locations and about $736.01 million in total assets. Opened 93 years ago in 1933, PROFED FEDERAL CREDIT UNION has about 64,025 members and employs 179 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PROFED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1710 Saint Joe River Dr FORT WAYNE, IN 46805-1436 |
| Phone: | (260) 483-0514 |
| Fax: | (260) 471-2648 |
| Website: | https://www.profedcu.org |
| Branches: | 13 branch locations |
| Members: | 64,025 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17012 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $736,012,573 |
| CEO/Manager: | Konstantina G Baker |
| Chairperson: | Barry Menor |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 80,749,054 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 2,328,645 |
| Real Estate Loans | 338,266,797 |
| Unsecured Loans | 15,515,971 |
| Other Loans | 158,394,069 |
| TOTAL LOANS | 512,201,624 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,108,941 |
| Land And Building | 24,544,652 |
| Other Fixed Assets | 3,361,228 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,096,077 |
| All Other Assets | 75,100 |
| TOTAL ASSETS | 736,012,573 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 210,283 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,620,703 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 146,976,251 |
| Regular shares | 250,720,598 |
| All Other Shares & Deposits | 234,995,889 |
| TOTAL SHARES & DEPOSITS | 632,692,738 |
| TOTAL LIABILITIES | 644,575,984 |
| Regular Reserve | 0 |
| Other Reserves | 1,159,634 |
| Undivided Earnings | 90,276,955 |
| TOTAL EQUITY | 91,436,589 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 736,012,573 |
| INCOME & EXPENSE | |
| Loan Income | 19,617,470 |
| Investment Income | 5,255,758 |
| Other Income | 3,349,971 |
| Total Employee Compensation & Benefits | 11,832,686 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 10,323,658 |
| Non-operating Income & (Expense) | -63,298 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 391,085 |
| Cost of Funds | 4,925,352 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,316,121 |
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