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PROFINANCE FEDERAL CREDIT UNION

Sep, 30, 2025 — PROFINANCE FEDERAL CREDIT UNION is a federal credit union headquartered in MERRILLVILLE, IN with 1 branch location and about $14.03 million in total assets. Opened 88 years ago in 1938, PROFINANCE FEDERAL CREDIT UNION has about 1,409 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 271990787
Name:PROFINANCE FEDERAL CREDIT UNION
Address:
(Main Office)
334 W 84th Dr
MERRILLVILLE, IN 46410
Phone:(219) 736-5767
Fax:(219) 736-4463
Website:https://www.profinancefcu.com
Branches:1 branch locations
Members:1,409
Credit Union Type:Federal Credit Union
Charter Number:2711
Membership Type:Multiple common bond - Primarily primary and fabricated metals
Corporate Credit Union:No
Year Opened:1938
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$14,026,651
CEO/Manager:Lindsey M Hilley
Chairperson:Ivory Elkins

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 551,764
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,739,782
 Unsecured Loans 585,077
 Other Loans 3,293,907
 TOTAL LOANS 6,910,035
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,584
 Land And Building 943,137
 Other Fixed Assets 15,719
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 113,542
 All Other Assets 0
  TOTAL ASSETS 14,026,651
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 54,933
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,494,205
 Regular shares 6,933,041
 All Other Shares & Deposits 1,562,574
  TOTAL SHARES & DEPOSITS 10,989,821
  TOTAL LIABILITIES 11,044,754
 Regular Reserve 0
 Other Reserves 686,187
 Undivided Earnings 2,295,710
  TOTAL EQUITY 2,981,897
  TOTAL LIABILITIES, SHARES, & EQUITY 14,026,651
INCOME & EXPENSE  
 Loan Income 328,957
 Investment Income 135,626
 Other Income 52,272
 Total Employee Compensation & Benefits 183,765
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 320,064
 Non-operating Income & (Expense) 3,214
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 34,000
 Cost of Funds 54,395
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,212
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