Profinance Federal Credit Union

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A short history of Profinance FCU

Since its inception in 1938 the Profinance Federal Credit Union has been serving its members in the MERRILLVILLE, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Donald Sarich, the Profinance FCU has grown its membership to over 1,845 with assets of more than $13,462,909. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (219) 736-5767 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MERRILLVILLE, IN.

General Information For Profinance FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 2711
Address 7700 BROADWAY 
State Indiana 
Zip-Code 46410
Phone Number (219) 736-5767
Fax Number (219) 736-4463
Email Address: none
CEO/President Donald Sarich
Members 1,845 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 13,462,909 

Compare Profinance Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Members Source CU Griffith 1903 W Glen Park Ave 46319 (219) 924-1570 No 1.35
U S #1364 CU GARY OFFICE 1 N BUCHANAN ST 46402 (219) 883-4362 No 1.51
Northern Indiana CU La Porte office 606 State St 46350 (219) 326-7787 No 3.12
Local 697 CU Northern Indiana FCU 8121 Grand Blvd 46410 (219) 942-3377 No 4.10
Tech CU Valparaiso Branch 370 Morthland Dr 46383 (219) 477-6805 No 4.35

Profinance Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Profinance Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 13.50 5.49 5.61 4.71 4.67
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 477 448 399 233 191
Rank Among All Indiana Credit Unions 57 86 77 44 23

Profinance Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 N/A 0.60 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 N/A 240 N/A
Rank Among All Indiana Credit Unions 20 29 N/A 42 N/A
Profinance Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.500228226,757
All Other Unsecured Loans/Lines of Credit 8.490196314,222
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.49024463,434
Used Vehicle Loans 5.6101461,850,286
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.710273,354,790
Total Other Real Estate Loans/Lines of Credit 4.67011280,049
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.34028334,925
TOTAL LOANS & LEASES 6606,824,463

Profinance Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 142,020,9952567,600
    b. 15 Years or less 131,333,795139,000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 11280,04900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 383,634,8393606,600


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Profinance Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes