Credit union · NCUA insured
Power One Federal Credit Union
A $19.6M credit union headquartered in Fort Wayne, IN, with 1,285 members and 3 branches in 2 states.
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Power One Federal Credit Union
Established in 1935 as I & ME Federal Credit Union, Power One Federal Credit Union is headquartered in Fort Wayne, Indiana.
The credit union serves Allen County and North Central Indiana, operating branch locations in Fort Wayne and Rockport, Indiana, and Stevensville, Michigan.
- Headquarters
- 1520 Spy Run Ave, Fort Wayne, IN 46805-4031
- NCUA charter
- 620
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals living in the Spy Run Neighborhood Association are eligible for membership.
Employers and groups
- Employees of AEP are eligible for membership.
- Employees of Plastic Composites are eligible for membership.
Family and household
- Immediate family members of existing members are eligible to join.
Cost to join
- Membership requires opening a Share/Savings account with an initial deposit of $5.00, representing one share.
Branches
3 branches in 2 states
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Indiana
2 branches
Fort Wayne area · 1
- Power One Federal Credit UnionMain office1520 Spy Run Ave, Fort Wayne, IN 46805Directions
Rockport area · 1
- Rockport Branch2791 N US Highway 231, Rockport, IN 47635Directions
Michigan
1 branch
- Stevensville Office5811 Red Arrow Hwy, Stevensville, MI 49127Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.96% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.77% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.50% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $99 | $59 | — |
- CapitalNet worth ratio12.96%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.77%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.50%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$99Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Power One Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.