Parkside Credit Union

Overview / Commentary
1747 S Newburgh Rd
Westland, MI 48186

Parkside Credit Union is headquartered in WESTLAND and is the 85th largest credit union in the state of Michigan. It is also the 1,355th largest credit union in the nation. It was established in 1953 and as of June of 2023, it had grown to 49 employees and 13,611 members at 3 locations. Parkside Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Parkside Credit Union is open to those live, work, worship, or go to school in Macomb, Monroe, Oakland, Washtenaw, or Wayne County.
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Health Grade Components

NCUA #61985
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD5.78%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$175.2MM$164.4MM
LoansQ2 2023vs Q2 2022$95.0MM$89.2MM
DepositsQ2 2023vs Q2 2022$157.1MM$146.7MM
Equity CapitalQ2 2023vs Q2 2022$16.1MM$16.0MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$1.8MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$1.0MM$872.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
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Always verify rates and promotions with the bank or credit union. We are not Parkside Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Parkside Credit Union Savings Account Rates

0.05%$500-Holiday Club
0.05%--IRA Share Account
0.05%$500-Essential Savings
0.05%$50-Special Savings

Parkside Credit Union Money Market Rates

0.70%*$100k*-Money Market Account
OTHER TIERS: 0.50% Up to $50k | 0.60% $50k - $100k

Parkside Credit Union Checking Account Rates

0.18%$2.5k-Exclusive Consumer Checking
0.05%$1k-Elite Consumer Checking
0.01%$500-Premier Consumer Checking

Parkside Credit Union CD Rates

4.00%$500-12 Month Share Certificate
3.25%$500-24 Month Share Certificate
2.25%$500-36 Month Share Certificate
2.00%$500-6 Month Share Certificate
2.00%$500-48 Month Share Certificate
1.75%$500-60 Month Share Certificate
1.00%$500-3 Month Share Certificate

Parkside Credit Union Locations
Branch Office9500 DIXDEARBORN, MI 48120-1514
Branch Office36525 PLYMOUTH RDLIVONIA, MI 48150
Branch Office1747 S NEWBURGH RDWESTLAND, MI 48186

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