ProFed Credit Union

ProFed Credit Union

Members-focused financial cooperative offering banking services

Overview

ProFed Credit Union is a member-owned financial cooperative that serves communities since 1933. It provides personal banking services such as accounts and loans to members. Its product experience centers on friendly, personalized service and accessible financial products that help members manage money and build financial health. ProFed differentiates itself through deep community involvement, supportive treatment of employees with generous benefits (tuition reimbursement, paid time off), and a focus on everyday financial support. Its goal is to be a trusted partner in members’ financial life journeys by delivering reliable, everyday service.

About ProFed Credit Union

Simplify's Rating
Why ProFed Credit Union is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Fort Wayne, Indiana

Founded

1933

People at ProFed Credit Union

People at ProFed Credit Union who can refer or advise you

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Simplify's Take

What believers are saying

  • AI-powered mortgage underwriting can deliver approvals in minutes, leveraging VP Alex Makridakis’s new role.
  • Selective friction in fraud detection protects members as deep fake onboarding fraud surges in 2026.
  • API-first, AI-driven platforms can boost engagement beyond current 13 branch limitations.

What critics are saying

  • Third-party mortgage vendor outage or breach has 35–50% probability in 6–12 months with high impact.
  • Ransomware attack on branch digital systems has 40–60% probability in 12–18 months due to MFA gaps.
  • Cash flow failure in new business loans has 50–70% probability in 9–15 months from flawed forecasts.

What makes ProFed Credit Union unique

  • ProFed serves 65,000 members across 13 northeast Indiana branches with deep local roots.
  • CEO Konstantina Baker started as a teller, reflecting a member-first, career-growth culture.
  • ProFed expanded to New Haven in March 2023, adding a lobby and video teller access.

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Benefits

Flexible Work Hours

Company News

The Journal Gazette
Dec 8th, 2023
Business people: Fort Wayne area hirings and awards

Todd Roach was promoted to vice president/controller at ProFed Credit Union; and Lilly O'Handley to assistant vice president/information technology.

CUInsight
Nov 1st, 2023
ProFed Federal Credit Union's Todd Roach receives Emerging Leadership Award

INDIANAPOLIS, IN (November 1, 2023) - Todd Roach, VP/Controller at ProFed Federal Credit Union (ProFed FCU) in Fort Wayne is a recipient of the 2023 Emerging Leadership Award from the Indiana Credit Union League.

FW Business
Jan 14th, 2023
Alex Makridakis promoted at ProFed Credit Union | Personal Business | fwbusiness.com

Alex Makridakis has been promoted to vice president/Mortgage Services at ProFed Credit Union.

FW Business
Jan 12th, 2023
Jan. 12

Cara Teeple has been promoted to vice president of Business Services at ProFed Credit Union.

News-Banner Publications, Inc.
Dec 19th, 2022
Anita M. Dathe, 60 | News Banner

Anita retired from ProFed Credit Union after 30+ years of service.

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