Parsons Federal Credit Union

Overview / Commentary
100 W. Walnut Street
Pasadena, CA 91124

Parsons Federal Credit Union is no longer doing business under that name because it has been merged or acquired. See the successor institution Skyla Credit Union.

Field of Membership Restrictions

Membership in Parsons Federal Credit Union is open to all U.S. citizens and resident aliens through membership in the American Consumer Council. Employees of Parsons Corporation, Worley Corporation, or Parsons Complex Tenants who work in Pasadena, California are also eligible to join. Immediate family members (including spouses and domestic partners) of current Parsons FCU members also qualify for membership.
See current membership details

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Reviews (12)

Excellent Service

Posted by: |

I just joined Parsons/Skylar FCU last week. Although I was hesitant after reading John2022 comments here! I was in the same position. Lots of CU's listed on my ChexSystem report, but no negative information.

However, my experience was the exact opposite of John2022. It could be that I mentioned about ChexSystem in my application? Anyway, the CSR Tiffany went above and beyond the call of duty and was able to shepherd my application and opening up of a jumbo CD within a day and a half.

It could be that Parsons is now Parson/Skylar FCU essentially?

Excellent Customer Service And Rates

Posted by: |

Joined Parsons FCU a couple weeks ago and while there were a few more steps to creating an account than a regular online bank requires, the juice was worth the squeeze. Customer service was extremely prompt and helpful in getting things set up. Looking forward to seeing more impressive rates from this credit union.

Hard Pull To Open Account

Posted by: |

they do a hard pull through experian....

Uses Chexsystems To Qualify New Accounts

Posted by: |

Parsons uses ChexSystems to qualify new account applicants. Parsons denied me based on ChexSystems so I requested a copy from them online. Only thing in my report are banks and credit unions where I've applied for new accounts offering highest CD rates only to find out AFTER applying they only want in-state or local new consumer accounts. I have a FICO score of 800+, no debt, no loans, own my home free and clear and I own a multi-million dollar company. Apparently if you apply for and are denied at any banks and credit unions only wanting local clientele you will find yourself being denied at other financial institutions like Parsons who use ChexSystems making you look like a high risk depositor, none of which is necessarily true. This shows the 'reach' of companies like ChexSystems and the inability of our banks and credit unions to properly interpret the data being collected on us. Many smart consumers are finding there are ways to get 4% or better on deposits (CDs) so we are abandoning the big banks. The process needs to be changed as to how this collected financial data is constricting and restricting consumer mobility in opening new accounts. Our banks and credit unions have become dinosaurs which can't even interpret the data they are consuming and it's time our miserable Congress do something about it. As with our healthcare system, our financial system is totally broken and needs a major over-haul today, not tomorrow.



We do not have health information for Parsons Federal Credit Union, because it is no longer an operational credit union.


Sorry, we do not have rate data for Parsons Federal Credit Union.


Sorry, but we do not have location data for Parsons Federal Credit Union. Its headquarters is located at 100 W. Walnut Street - Pasadena, CA 91124

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