Parda Credit Union

About Parda Credit Union

Parda Credit Union Location

P.O. Box 5010
Rochester, MI 48308

Phone: (248) 340-7000
Website: www.parda.com
Routing/Transit Number: Not Available

Parda Credit Union Information

Parda Credit Union of Rochester, MI is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 21514 members and assets of $168,102,506, as compared to the national average of $93 million dollars of assets per credit union. Parda Credit Union, first opened in 1974 and has been in operation since then. Additionally, Parda Credit Union has 60 full time employees and 13 part time employees, or 294.712328767 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Parda Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Parda Credit Union is a not-for-profit, cooperative, tax-exempt organization.