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.
| 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 |
| 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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