PrimeWay Federal Credit Union


Overview / Commentary
713-799-6200
12811 Northwest Fwy
Houston, TX 77040

PrimeWay Federal Credit Union is headquartered in Houston and is the 48th largest credit union in the state of Texas. It is also the 561st largest credit union in the nation. It was established in 1937 and as of March of 2021, it had grown to 131 employees and 47,891 members at 8 locations. PrimeWay Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in the city of Houston, Washington or Fort Bend counties or most of Harris county. Membership is also open to those who work for one of our select employee groups.
See current membership details

AMAZING! I LOVE MY PRIMEWAY

Posted by: |

Always helpful and able to answer any question I may have. 10/10 would recommend!!

Former Cameron Now Pwfcu Member!

Posted by: |

I was a Cameron member and now a current Primeway member. I have financed a boat, car and even my now current car loan. I have had a few late payments while working out of state and managed to get back on track. Never had an issue with it. I knew I was late on my part. I do my payments calling in the customer service number and end up paying the check by phone fee. My family and a few co workers have Primeway and a few complain about easy stuff, and for the most I am happy Primeway bought out Texas1. They were ssooo tricky & not to mention the "down low" loans. Heard a worker who had a crappy credit and got a % of 3.5 when he would have had more of a 15%, and all because he was a friend of a friend of a worker there. So whatever with those former Texas1 people. Some are mad because Primeway isn't as sneaky as Texas1, and hey, if people get negative/overdraft fees on a constant bases don't you think the credit union has a right to make money off fees as far as I've seen it's fair. You have a free "free" checking account and they don't make money off an account like banks. That's what some don't understand, that the credit union is NOT A BANK!! Anyone who is an older man hitting their 60s and still freely believe Primeway is okay. They got a few items/ things to upgrade, but so far I can not complain.

Tom

This Place Is A Joke!

Posted by: |

If I could rate this zero stars I would. My husband was member of Texas One for MANY years.. and then Primeway bought them out. We never really had any problems with Texas One. He had a truck financed through them and paid off the truck over 2 years ago. When Primeway took over, they are now reporting on our credit EVERY QUARTER that we are OVER 120 DAYS LATE. Excuse me, but please enlighten me on how we are late on something that has been paid off for two years. Ontop of that, since we are "delinquent" on an account that is paid off, we are not able to use our account to make any purchases. ABSOLUTELY RIDICULOUS. We have repeatedly talked to people about this issue and every time we get the same old "oh my gosh we are so sorry we will take care of this immediately" and then by the time the next quarterly update comes in its the same BS. Definitely closing our account down with them and will NEVER go back to them again. Primeway is a joke.

What A Credit Union!!

Posted by: |

This place is absolutely fantastic. I have never been to another credit union whose staff has made it such a priority to provide excellent service.

VIEW MORE REVIEWS

Health
B+

Health Grade Components

Overall
NCUA #2131
Year Chartered1937
Employees131
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD8.36%
Annual Interest Income$5.3MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$652.9MM$540.6MM
LoansQ1 2021vs Q1 2020$460.1MM$419.7MM
DepositsQ1 2021vs Q1 2020$582.2MM$475.5MM
Equity CapitalQ1 2021vs Q1 2020$46.7MM$42.2MM
Loan Loss AllowanceQ1 2021vs Q1 2020$2.1MM$2.1MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$2.6MM$2.4MM
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not PrimeWay Federal 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.

PrimeWay Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$100-Primary Savings
0.01%$5-IRA Savings
0.01%$100-Holiday Savings
0.01%$100-Student Savings
0.01%$100-Financial Freedom Fighters Youth Savings

PrimeWay Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.13%*$75k*-Money Market Account
OTHER TIERS: 0.05% $2.5k - $25k | 0.10% $25k - $75k

PrimeWay Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Premier Checking

PrimeWay Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$250k-60 Month Share Certificate Jumbo
0.55%$1k-60 Month Share Certificate
0.55%$250k-48 Month Share Certificate Jumbo
0.50%$1k-48 Month Share Certificate
0.35%$250k-36 Month Share Certificate Jumbo
0.30%$1k-36 Month Share Certificate
0.25%$250k-18 Month Share Certificate Jumbo
0.25%$250k-24 Month Share Certificate Jumbo
0.20%$1k-24 Month Share Certificate
0.20%$250k-12 Month Share Certificate Jumbo
0.20%$1k-18 Month Share Certificate
0.15%$1k-12 Month Share Certificate
0.15%$250k-6 Month Share Certificate Jumbo
0.15%$500-12 Month Youth Club Certificate
0.15%$500-12 Month WealthBuilder Certificate
0.10%$1k-6 Month Share Certificate

PrimeWay Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$250k*-60 Month IRA
OTHER TIERS: 0.55% $1k - $250k
0.55%*$250k*-48 Month IRA
OTHER TIERS: 0.50% $1k - $250k
0.35%*$250k*-36 Month IRA
OTHER TIERS: 0.30% $1k - $250k
0.25%*$250k*-24 Month IRA
OTHER TIERS: 0.20% $1k - $250k
0.25%*$250k*-18 Month IRA
OTHER TIERS: 0.20% $1k - $250k
0.20%*$250k*-12 Month IRA
OTHER TIERS: 0.15% $1k - $250k
0.15%*$250k*-6 Month IRA
OTHER TIERS: 0.10% $1k - $250k
Locations


PrimeWay Federal Credit Union Locations
Branch Office100 Dominion Park DrHouston, TX 77090-6716
Branch Office6550 Fannin St Ste 235Houston, TX 77030-2739
Branch Office3800 Washington AveHouston, TX 77007-5822
Branch Office7000 Fannin St Ste 120Houston, TX 77030
Branch Office4935 Highway 6Missouri City, TX 77459
Branch Office12811 Northwest FwyHouston, TX 77040
Branch Office8878 Barker Cypress RdCypress, TX 77433-1971
Branch Office6540 E Riverpark DrSugar Land, TX 77479-5470

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.