Sep, 30, 2025 — POLICEMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH BEND, IN with 1 branch location and about $89.33 million in total assets. Opened 59 years ago in 1967, POLICEMEN'S FEDERAL CREDIT UNION has about 4,771 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POLICEMEN'S FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1130 S Main St SOUTH BEND, IN 46601-3338 |
| Phone: | (574) 234-1524 |
| Fax: | (574) 234-1548 |
| Website: | https://www.policemensfcu.org |
| Branches: | 1 branch locations |
| Members: | 4,771 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18393 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,326,525 |
| CEO/Manager: | BETH BERRY |
| Chairperson: | RONALD WILSON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,476,285 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,588,769 |
| Unsecured Loans | 2,084,311 |
| Other Loans | 21,585,913 |
| TOTAL LOANS | 30,258,993 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -53,115 |
| Land And Building | 334,520 |
| Other Fixed Assets | 98,188 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 663,487 |
| All Other Assets | 0 |
| TOTAL ASSETS | 89,326,525 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 385,357 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,449,704 |
| Regular shares | 36,355,675 |
| All Other Shares & Deposits | 27,159,015 |
| TOTAL SHARES & DEPOSITS | 74,964,394 |
| TOTAL LIABILITIES | 75,349,751 |
| Regular Reserve | 0 |
| Other Reserves | 1,285,580 |
| Undivided Earnings | 12,691,194 |
| TOTAL EQUITY | 13,976,774 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,326,525 |
| INCOME & EXPENSE | |
| Loan Income | 1,154,553 |
| Investment Income | 1,475,317 |
| Other Income | 134,195 |
| Total Employee Compensation & Benefits | 747,770 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 660,871 |
| Non-operating Income & (Expense) | 193,859 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -6,000 |
| Cost of Funds | 816,733 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,053,230 |
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