Parkway Credit Union

About Parkway Credit Union

Parkway Credit Union Location

23400 Plymouth Road
Redford, MI 48239

Phone: (313) 532-6451
Website:
Routing/Transit Number: Not Available

Parkway Credit Union Information

Parkway Credit Union of Redford, 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 4508 members and assets of $25,062,700, as compared to the national average of $93 million dollars of assets per credit union. Parkway Credit Union, first opened in 1947 and has been in operation since then. Additionally, Parkway Credit Union has 10 full time employees and 1 part time employees, or 409.818181818 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 Parkway 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. Parkway Credit Union is a not-for-profit, cooperative, tax-exempt organization.