2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 21686
Date Established 1974
Assets $175.91 million
Loans $104.39 million
Deposits $151.31 million
Capital $25.44 million

Parda is an NCUA insured institution located in Rochester, MI. It was founded in 1974 and has approximately $175.91 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.

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 - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.35% $500 - Learn MoreShow Less
0.50% $500 $49,999 Learn MoreShow Less
12 Mo CD
0.65% $50,000 - Learn MoreShow Less
18 Mo CD
0.65% $500 - Learn MoreShow Less
24 Mo CD
0.90% $500 - Learn MoreShow Less
36 Mo CD
1.15% $500 - Learn MoreShow Less
48 Mo CD
1.41% $500 - Learn MoreShow Less
60 Mo CD
1.76% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $25 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 $1,499 Learn MoreShow Less
Int Ckg
0.07% $1,500 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$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.



Branches

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.

Your Location:
Ashburn,Virginia


Parda Locations


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
5.52% 7.49

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 December 31, 2018, Parda had $1,438,673 in non-current loans and $53,709 in owned assets. To cover these potential losses it had $25,437,805 in net worth and $1,614,605 in loans loss reserves. That gives it a Texas Ratio of 5.52%.

Net Worth
Parda U.S. Average
14.46% 13.61%

Parda FCU has a net worth of 14.46% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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