At Partners 1st, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand how important it is for you to feel confident about your financial institution, especially in today's economic landscape. That's why we want to share our strong financial position with you. With a
net worth of $52,515,667, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $964 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$120,222,223 in share certificates and
$47,338,416 in money market shares, offering stable and rewarding financial growth opportunities. This approach reflects our commitment to helping you grow your savings while keeping them secure. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. It's all about putting our members first. Our robust financial structure is also supported by
$42,393,164 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With
$12,921 in used auto loans and
$437,201,849 in total loans and leases, our lending capacity supports your financial goals across various sectors. While this year has seen challenges reflected in our
net income of $-529,286, we remain focused on operational efficiency and are dedicated to improving our offerings for members like you. We also take pride in having
190 full-time employees and
23 part-time employees who are always ready to assist you with knowledgeable service. In total, we proudly support
88,967 share and deposit accounts a testament to the growing trust from our member base. This reflects our commitment to fostering strong relationships with each of you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Partners 1st is your trusted partner. Visit us at 6116 Trier Rd Fort Wayne In 46815 or call (260) 486-8043 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.*
