23400 Plymouth Road
Redford, MI 48239
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Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 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

Parkway is an NCUA insured institution located in Redford, MI. It was founded in 1947 and has approximately $28.17 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 5420
Date Established 1947
Assets $28.17 million
Loans $6.04 million
Deposits $25.57 million
Capital $2.38 million

Deposit Rates - August 1, 2021

Your Current Location: Virginia, VA 20146

We do not yet have rates for Parkway

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Loan Rates - August 1, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PARKWAY

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 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Morty, Inc.
NMLS ID: 1429243
2.460% 2.375% 0.75 $2,840 $972 Learn More

Featured - Virginia 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
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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BMO Harris Bank
BMO Harris Bank
See Table
4.840 %
$0 Learn More
More Info

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Below are Parkway 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

Parkway Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Parkway. 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
Parkway U.S. Average
0.47% 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, Parkway had $4,322 in non-current loans and $8,000 in owned assets. To cover these potential losses it had $2,380,112 in net worth and $237,365 in loans loss reserves. That gives it a Texas Ratio of 0.47%.

Net Worth
Parkway U.S. Average
8.44% 12.20%

Parkway FCU has a net worth of 8.44% 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 Parkway

Branches and Savings

What is Parkway?

A federal credit union, registered with the NCUA under certificate #5420.
Learn more about credit unions here.

Is Parkway 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. Parkway is insured by the NCUA.

Who can join Parkway?

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

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

Parkway'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 Parkway?

Parkway has total capital of $2.38 million. Full information on Parkway's financial position is located above.

Who owns Parkway?

Credit Unions are owned by their members.

Where are Parkway branches located?

See branch locations nearby.

Are Parkway ATMs Open 24/7?

Do Parkway ATMs accept cash deposits?

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

Does Parkway have a mobile app?

Does Parkway have mobile deposit?

Does Parkway have quick pay?

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

Does Parkway report to credit bureaus?

Does Parkway use Chexsystems?

Does Parkway use Equifax?

What is Parkway's toll free phone number?

What is Parkway's ACH Routing Number?

What is Parkway's SWIFT code?

Where can I find Parkway's wire transfer form?

What is the Parkway address for deposits?

What Products Does Parkway Offer

Does Parkway offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Parkway offer auto and RV loans?

Compare auto loan rates here.

Does Parkway offer student loans or personal loans?

Compare personal loan rates here.

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