Profed
Profed is a credit union based in Fort Wayne, Indiana, established in 1933, with $781 million in total assets serving 64,547 members. By Trust Grade it ranks 17th of 124 credit unions we track in Indiana. Its net worth ratio of 12.9% is stronger than 71% of similarly sized credit unions, versus a Indiana median of 12.8%. It was profitable over the most recent period, with a 1.21% return on assets. No consumer complaints against Profed appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Profed compares to Indiana peers
How we graded Profed
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.9% capital ratio)
- Strongly profitable (ROA 1.21%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Profed over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Profed insured?
Yes. Profed is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Profed: frequently asked questions
Is Profed a good credit union?
Profed earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.9% capital ratio); Strongly profitable (ROA 1.21%).
Is Profed NCUA-insured?
Yes. Profed is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Profed?
Profed holds $781 million in total assets, ranking 17th of 124 credit unions we track in Indiana. It serves 64,547 members.
Does Profed have CFPB complaints?
No CFPB complaints against Profed appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
