Parkside Credit Union

Overview / Commentary

www.parksidecu.org

734-525-0700

1747 S Newburgh Rd
Westland, MI 48186

Parkside Credit Union is headquartered in WESTLAND and is the 85^th largest credit union in the state of Michigan. It is also the 1,355^th 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

B+

Data as of Q2 2023

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Health Grade Components

Overall
NCUA #	61985
Year Chartered	1953
Employees	49
Primary Regulator

Profit Margin
Return on Assets - YTD	0.53%
Return on Equity - YTD	5.78%
Annual Interest Income	$3.8MM

Assets and Liabilities
Assets	Q2 2023vs Q2 2022	$175.2MM$164.4MM
Loans	Q2 2023vs Q2 2022	$95.0MM$89.2MM
Deposits	Q2 2023vs Q2 2022	$157.1MM$146.7MM
Equity Capital	Q2 2023vs Q2 2022	$16.1MM$16.0MM
Loan Loss Allowance	Q2 2023vs Q2 2022	$0$1.8MM
Unbacked Noncurrent Loans	Q2 2023vs Q2 2022	$1.0MM$872.00K
Real Estate Owned	Q2 2023vs Q2 2022	$0$0

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.70%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.50% → Up to $50k \| 0.60% → $50k - $100k

Parkside Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.18%	$2.5k	-	Exclusive Consumer Checking
0.05%	$1k	-	Elite Consumer Checking
0.01%	$500	-	Premier Consumer Checking

Parkside Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
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

Locations

Parkside Credit Union Locations
Branch Office	9500 DIX	DEARBORN, MI 48120-1514
Branch Office	36525 PLYMOUTH RD	LIVONIA, MI 48150
Branch Office	1747 S NEWBURGH RD	WESTLAND, MI 48186

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