Provident Credit Union

Headquarters

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

Notable Rates APY Vs.Others
Savings 0.08% 5.50% →
1-Year CD 2.11% 5.38% →
2-Year CD 2.16% 4.95% →
5-Year CD 2.56% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Provident is an NCUA insured institution located in Redwood City, CA. It was founded in 1950 and has approximately $3519.81 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 $3,519.81 million
Loans $2,524.70 million
Deposits $3,137.46 million
Capital $359.74 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 - July 25, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Membership, Youth, and Secondary Savings
0.03% $5 $24,999 Learn More
Membership, Youth, and Secondary Savings
0.08% $25,000 - Learn More
Money Market
0.08% $2,500 $9,999 Learn More
Money Market
0.11% $10,000 $49,999 Learn More
Money Market
0.16% $50,000 $99,999 Learn More
Money Market
0.26% $100,000 - Learn More
Premium Money Market Account
0.08% $0 - Learn More
Premium Money Market Account
0.21% $25,000 $74,999 Learn More
Premium Money Market Account
0.31% $75,000 $124,999 Learn More
Premium Money Market Account
0.41% $125,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Month Fixed
4.75% $1,000 $49,999 Learn More
6 Month Fixed
4.75% $50,000 $99,999 Learn More
6 Month Fixed
4.75% $100,000 - Learn More
9 Month Fixed
2.06% $10,000 - Learn More
12 Month Youth Add-on
2.01% $50 $49,999 Learn More
12 Month Add-on
2.01% $250 $49,999 Learn More
12 Month Deferred Dividend
2.11% $500 $49,999 Learn More
12 Month Fixed
2.11% $1,000 $49,999 Learn More
12 Month Fixed
2.06% $50,000 $99,999 Learn More
12 Month Fixed
1.96% $100,000 - Learn More
13 Month Liquid
2.16% $5,000 - Learn More
18 Month Fixed
1.61% $10,000 - Learn More
24 Month Bump-up
2.06% $500 $49,999 Learn More
24 Month Fixed
2.16% $1,000 $49,999 Learn More
24 Month Fixed
2.06% $50,000 $99,999 Learn More
24 Month Fixed
2.11% $100,000 - Learn More
25 Month Fixed
2.26% $10,000 - Learn More
36 Month Fixed
2.41% $1,000 $49,999 Learn More
36 Month Fixed
2.46% $50,000 $99,999 Learn More
36 Month Fixed
2.41% $100,000 - Learn More
48 Month Fixed
2.56% $1,000 $49,999 Learn More
48 Month Fixed
2.61% $50,000 $99,999 Learn More
48 Month Fixed
2.56% $100,000 - Learn More
60 Month Fixed
2.56% $1,000 $49,999 Learn More
60 Month Fixed
1.26% $50,000 $99,999 Learn More
60 Month Fixed
1.31% $100,000 - Learn More
Int Checking Rates APY MIN MAX
Super Reward Checking
1.26% $0 $25,000 Learn MoreShow Less
Super Reward Checking
0.08% $25,000 - Learn MoreShow Less
Basic Business Checking
0.15% $75,000 $124,999 Learn MoreShow Less
Basic Business Checking
0.20% $125,000 - Learn MoreShow Less

Loan Rates - July 25, 2024

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.725% 6.625% 0.75 $3,298 $2,049 Learn More
Rocket Mortgage
NMLS ID: 3030
7.064% 6.990% 0.75 $2,400 $2,127 Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More
Neighbors Bank
NMLS ID: 491986
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.990 %
$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:
Ashburn,Virginia



Climate Policy and Initiatives

PROVIDENT is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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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
0.85% 6.52

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, 2024, Provident had $2,941,432 in non-current loans and $218,746 in owned assets. To cover these potential losses it had $359,737,895 in net worth and $10,956,934 in loans loss reserves. That gives it a Texas Ratio of 0.85%.

Net Worth
Provident U.S. Average
10.22% 13.65%

Provident FCU has a net worth of 10.22% versus the BestCashCow average of 13.65. 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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