Featured Savings Rates
Featured Accounts

Parkway Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD1 Year Share Certificate
0.15%SavingsSavings
0.45%2-year CD2 Year Share Certificate

Overview / Commentary
313-532-6451
23400 Plymouth Road
Redford, MI 48239

Parkway Federal Credit Union is headquartered in Redford and is the 179th largest credit union in the state of Michigan. It is also the 3,123rd largest credit union in the nation. It was established in 1947 and as of March of 2018, it had grown to 5 employees and 3,271 members at 1 location. Parkway Federal Credit Union has a C+ health rating.

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Health
C+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Parkway Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #5420
Year Chartered1947
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD3.99%
Annual Interest Income$181.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$25.3MM$24.9MM
LoansQ1 2018vs Q1 2017$8.8MM$10.1MM
DepositsQ1 2018vs Q1 2017$22.8MM$22.2MM
Equity CapitalQ1 2018vs Q1 2017$2.4MM$2.5MM
Loan Loss AllowanceQ1 2018vs Q1 2017$222.00K$256.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$383.00K$282.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Parkway Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Christmas Club
0.25%--IRA
0.15%*$50k*-Savings
OTHER TIERS: 0.05% Up to $50k

Parkway Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$50k-2 Year Jumbo Share Certificate
0.45%$1k$50k2 Year Share Certificate
0.45%$50k-1 Year Jumbo Share Certificate
0.35%$1k$50k1 Year Share Certificate
0.25%$50k-6 Month Jumbo Share Certificate
0.20%$1k$50k6 Month Share Certificate
Locations


Parkway Federal Credit Union Locations
Branch Office23400 Plymouth RdRedford, MI 48239-1486

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