Provident

Headquarters

303 Twin Dolphin Drive
Redwood City, CA 94065
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.85% →
1-Year CD 0.36% 0.80% →
2-Year CD 0.46% 0.80% →
5-Year CD 0.81% 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

Provident is an NCUA insured institution located in Redwood City, CA. It was founded in 1950 and has approximately $3421.91 millions in assets.

Who can join?

You are eligible for membership if you live or work in any of the following geographical areas:

San Mateo County
San Francisco County
Santa Clara County
Alameda County
Contra Costa County
Monterey County
Sacramento County
El Dorado County
Placer County
Humboldt County
Los Angeles (City)

You are eligible for membership if you are related to or live in the same household as a current Provident Credit Union member.

You are eligible for membership if you are an employee of a company belonging to one of the following Chambers of Commerce:

Belmont Chamber of Commerce
Burlingame Chamber of Commerce
Danish-American Chamber of Commerce of Northern California Inc.
Filipino-American Chamber of Commerce
Fremont Chamber of Commerce
Los Gatos Chamber of Commerce
Menlo Park Chamber of Commerce
Millbrae Chamber of Commerce
Monterey Peninsula Chamber of Commerce
Oakland Metro Chamber of Commerce
Pacifica Chamber of Commerce
Redwood City/San Mateo Chamber of Commerce
Sacramento Metro Chamber of Commerce
San Bruno Chamber of Commerce
San Carlos Chamber of Commerce
San Francisco Chamber of Commerce
San Jose Metropolitan Chamber of Commerce
South San Francisco Chamber of Commerce
Sunnyvale Chamber of Commerce
Walnut Creek Chamber of Commerce

You are eligible for membership if you are a member of any of the following "locals" (local unions)*

You are eligible for membership if you or the company you work for is a member of any of the following associations*

You are eligible for membership if you are an employee of one of the following companies*

*List of unions, associations, and eligible companies: http://www.providentcu.org/index.asp?i=memberApply

NCUA Insured Yes / State-Chartered
Charter Number # # 66343
Date Established 1950
Assets $3,421.91 million
Loans $1,864.90 million
Deposits $3,048.48 million
Capital $341.31 million
 

Field of Membership Restrictions

Membership in Provident Credit Union is open to the following: (1) those who live or work in San Mateo, San Francisco, Santa Clara, Contra Costa, Alameda, Monterey, Sacramento, Pacer, Humboldt, or El Dorado Counties in California and the City of Los Angeles, (2) employees of Belmont Chamber of Commerce, Danish-American Chamber of Commerce of Northern California, Burlingame Chamber of Commerce, and select local chambers of commerce in California, (3) members of the AFL-CIO Local 501, Carpenters Local 217 and select local unions, (4) members or employees of the American Heart Association-San Francisco Chapter, Association for Workplace Justice and other local associations, and (5) employees of City Building Inc., Circraft Inc., Inspired Company or other select local companies.

Deposit Rates - September 25, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.16% $2,500 $2,999 Learn More
Money Market
0.31% $10,000 $14,999 Learn More
Money Market
0.31% $25,000 $29,999 Learn More
Premium Money Market Account
0.51% $25,000 $34,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
12 Mo CD
0.26% $10,000 $14,999 Learn More
12 Mo CD
0.36% $100,000 $199,999 Learn More
24 Mo CD
0.36% $10,000 $14,999 Learn More
24 Mo CD
0.46% $100,000 $199,999 Learn More
36 Mo CD
0.51% $10,000 $14,999 Learn More
36 Mo CD
0.61% $100,000 $199,999 Learn More
48 Mo CD
0.66% $10,000 $14,999 Learn More
48 Mo CD
0.76% $100,000 $199,999 Learn More
60 Mo CD
0.71% $10,000 $14,999 Learn More
60 Mo CD
0.81% $100,000 $199,999 Learn More

Loan Rates - September 25, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for PROVIDENT

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
Payment
Learn More
Simplist Mortgage, LLC
NMLS ID: 1764611
License#: ML-1764611
2.736% 2.690% 0.63 $1,508 $1,013 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 PROVIDENT
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Provident 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:
Fairfield,Connecticut


Provident Locations


Financial Details

Provident Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Provident. 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
Provident U.S. Average
0.36% 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, Provident had $1,193,985 in non-current loans and $68,712 in owned assets. To cover these potential losses it had $341,311,944 in net worth and $11,039,696 in loans loss reserves. That gives it a Texas Ratio of 0.36%.

Net Worth
Provident U.S. Average
9.97% 12.20%

Provident FCU has a net worth of 9.97% 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 Provident

Branches and Savings

What is Provident?

A credit union, registered with the NCUA under certificate #66343.
Learn more about credit unions here.

Is Provident 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. Provident is insured by the NCUA.

Who can join Provident?

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

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

Provident'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 Provident?

Provident has total capital of $341.31 million. Full information on Provident's financial position is located above.

Who owns Provident?

Credit Unions are owned by their members.

Where are Provident branches located?

See branch locations nearby.

Are Provident ATMs Open 24/7?

Do Provident ATMs accept cash deposits?

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

Does Provident have a mobile app?

Does Provident have mobile deposit?

Does Provident have quick pay?

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

Does Provident report to credit bureaus?

Does Provident use Chexsystems?

Does Provident use Equifax?

What is Provident's toll free phone number?

What is Provident's ACH Routing Number?

What is Provident's SWIFT code?

Where can I find Provident's wire transfer form?

What is the Provident address for deposits?

What Products Does Provident Offer

Does Provident offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Provident offer auto and RV loans?

Compare auto loan rates here.

Does Provident offer student loans or personal loans?

Compare personal loan rates here.

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