PURDUE

1551 WIN HENTSCHEL BLVD
West Lafayette, IN 47906

Notable Rates APY Vs.Others
Savings 0.15% 1.90% →
1-Year CD 0.60% 1.90% →
2-Year CD 0.80% 1.95% →
5-Year CD 1.30% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Credit Union Information

Purdue is an NCUA insured institution located in West Lafayette, IN. It was founded in 1969 and has approximately $1316.08 millions in assets.

NCUA Insured Yes
Charter Number # # 19307
Date Established 1969
Assets $1,316.08 million
Loans $963.45 million
Deposits $1,097.41 million
Capital $133.06 million
 

Field of Membership Restrictions

Membership in Purdue Federal Credit Union is open to the following: (1) employees, students or alumni of Purdue University and their immediate family; (2) those who live, work, worship, attend school or volunteer in Laporte County, Indiana; (3) students and family of LaPorte County Schools and other select area schools; (4) employees of IU Health, ADECCO, Security Systems of Indiana and other area Select Employer Groups.

Deposit Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $1 $7,499 Learn MoreShow Less
Money Market
0.20% $7,500 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $99,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $10,000 - Learn MoreShow Less
6 Mo CD
1.10% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 $7,499 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $500 - Learn MoreShow Less

Loan Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for PURDUE

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.542% 4.500% 0.00 $1,250 $1,267 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
3.500 %
$0 Learn More
More Info

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



Branches

Below are Purdue 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


Purdue Locations


Financial Details

Purdue Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Purdue. 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
Purdue U.S. Average
0.84% 5.92

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 September 30, 2019, Purdue had $1,115,711 in non-current loans and $41,035 in owned assets. To cover these potential losses it had $133,058,709 in net worth and $4,293,742 in loans loss reserves. That gives it a Texas Ratio of 0.84%.

Net Worth
Purdue U.S. Average
10.57% 13.86%

Purdue FCU has a net worth of 10.57% versus the BestCashCow average of 13.86. 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 Purdue

Branches and Savings

What is Purdue?

A federal credit union, registered with the NCUA under certificate #19307.
Learn more about credit unions here.

Is Purdue FDIC insured?

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

Who can join Purdue?

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

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

Purdue'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 Purdue?

Purdue has total capital of $133.06 million. Full information on Purdue's financial position is located above.

Who owns Purdue?

Credit Unions are owned by their members.

Where are Purdue branches located?

See branch locations nearby.

Are Purdue ATMs Open 24/7?

Do Purdue ATMs accept cash deposits?

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

Does Purdue have a mobile app?

Does Purdue have mobile deposit?

Does Purdue have quick pay?

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

Does Purdue report to credit bureaus?

Does Purdue use Chexsystems?

Does Purdue use Equifax?

What is Purdue's toll free phone number?

What is Purdue's ACH Routing Number?

What is Purdue's SWIFT code?

Where can I find Purdue's wire transfer form?

What is the Purdue address for deposits?

What Products Does Purdue Offer

Does Purdue offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Purdue offer auto and RV loans?

Compare auto loan rates here.

Does Purdue offer student loans or personal loans?

Compare personal loan rates here.

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