P.o. Box 5010
Rochester, MI 48308
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.55% 0.70% →
2-Year CD 0.70% 0.80% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Parda is an NCUA insured institution located in Rochester, MI. It was founded in 1974 and has approximately $226.76 millions in assets.

Who can join?

Any employee or retiree of an approved Select Employee Group (SEG) and their families are eligible to join.

Family members include - mother, father, sisters, brothers, children, grandchildren, grandparents, adoptive and step families.

NCUA Insured Yes / Federally Chartered
Charter Number # # 21686
Date Established 1974
Assets $226.76 million
Loans $104.27 million
Deposits $199.15 million
Capital $26.60 million

Field of Membership Restrictions

Membership is open to anyone through joining the American Consumer Council. Membership is also open to employees American Express Financial Advisors, Inc., BSB Communications, Chem-Tech Company and over 100 area Select Employer Groups.

Deposit Rates - September 28, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.65% $10,000 $14,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 $99 Learn MoreShow Less
Int Ckg
0.07% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 28, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for PARDA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 1907
2.856% 2.750% 0.38 $3,438 $1,021 Learn More
NMLS ID: 1907
2.856% 2.750% 0.38 $3,438 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to PARDA
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Parda branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Financial Details

Parda Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Parda. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Parda U.S. Average
1.59% 4.38

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2021, Parda had $386,680 in non-current loans and $53,709 in owned assets. To cover these potential losses it had $26,604,790 in net worth and $1,100,253 in loans loss reserves. That gives it a Texas Ratio of 1.59%.

Net Worth
Parda U.S. Average
11.73% 12.20%

Parda FCU has a net worth of 11.73% versus the BestCashCow average of 12.20. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Parda

Branches and Savings

What is Parda?

A federal credit union, registered with the NCUA under certificate #21686.
Learn more about credit unions here.

Is Parda FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Parda is insured by the NCUA.

Who can join Parda?

Please see Field of Membership information above for information on who is eligible to join.

What are Parda's share account and share certificate rates?

Parda's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Parda?

Parda has total capital of $26.60 million. Full information on Parda's financial position is located above.

Who owns Parda?

Credit Unions are owned by their members.

Where are Parda branches located?

See branch locations nearby.

Are Parda ATMs Open 24/7?

Do Parda ATMs accept cash deposits?

Can Parda customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Parda have a mobile app?

Does Parda have mobile deposit?

Does Parda have quick pay?

How can Parda transfer money to other banks or credit unions?

Does Parda report to credit bureaus?

Does Parda use Chexsystems?

Does Parda use Equifax?

What is Parda's toll free phone number?

What is Parda's ACH Routing Number?

What is Parda's SWIFT code?

Where can I find Parda's wire transfer form?

What is the Parda address for deposits?

What Products Does Parda Offer

Does Parda offer mortgages?

Compare mortgage rates here.

Does Parda offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Parda offer auto and RV loans?

Compare auto loan rates here.

Does Parda offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Parda

  • March 3, 2021 |

    I have had a few on line issues over the past 2 days one gets corrected to have another creep up. I have talked to Nicole lots of times over the past few years, Tiffany yesterday and Yvette today. All 3 Ladies are awesome. They make you feel like they know you personally and are a friend. I want to commend them for their awesome customer service and hope they never leave. They understand when you explain something that you are trying to get across to them when you are not sure you are explaining it correctly. Kudo's to them. Awesome JOB Ladies.

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