PROFINANCE

Headquarters

7700 Broadway
Merrillville, IN 46410
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Profinance is an NCUA insured institution located in Merrillville, IN. It was founded in 1938 and has approximately $15.15 millions in assets.

NCUA Insured Yes
Charter Number # # 2711
Date Established 1938
Assets $15.15 million
Loans $6.62 million
Deposits $12.29 million
Capital $2.99 million
 

Deposit Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

We do not yet have rates for Profinance

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Advertiser Disclosure

Loan Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PROFINANCE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
2.617% 2.500% 0.88 $3,862 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to PROFINANCE
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Profinance branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Profinance Locations


Financial Details

Profinance Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Profinance. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Profinance U.S. Average
3.56% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Profinance had $104,089 in non-current loans and $5,544 in owned assets. To cover these potential losses it had $2,991,014 in net worth and $86,257 in loans loss reserves. That gives it a Texas Ratio of 3.56%.

Net Worth
Profinance U.S. Average
19.73% 13.61%

Profinance FCU has a net worth of 19.73% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Profinance

Branches and Savings

What is Profinance?

A federal credit union, registered with the NCUA under certificate #2711.
Learn more about credit unions here.

Is Profinance FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Profinance?

Please see Field of Membership information above for information on who is eligible to join.

What are Profinance's share account and share certificate rates?

Profinance's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Profinance?

Profinance has total capital of $2.99 million. Full information on Profinance's financial position is located above.

Who owns Profinance?

Credit Unions are owned by their members.

Where are Profinance branches located?

See branch locations nearby.

Are Profinance ATMs Open 24/7?

Do Profinance ATMs accept cash deposits?

Can Profinance customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Profinance have a mobile app?

Does Profinance have mobile deposit?

Does Profinance have quick pay?

How can Profinance transfer money to other banks or credit unions?

Does Profinance report to credit bureaus?

Does Profinance use Chexsystems?

Does Profinance use Equifax?

What is Profinance's toll free phone number?

What is Profinance's ACH Routing Number?

What is Profinance's SWIFT code?

Where can I find Profinance's wire transfer form?

What is the Profinance address for deposits?

What Products Does Profinance Offer

Does Profinance offer mortgages?

Compare mortgage rates here.

Does Profinance offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Profinance offer auto and RV loans?

Compare auto loan rates here.

Does Profinance offer student loans or personal loans?

Compare personal loan rates here.

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