Featured Savings Rates
Featured Accounts

Promise Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD12 Month CD
0.15%SavingsPrimary Share/Savings Account
0.75%3-year CD36 Month CD

Overview / Commentary
832-239-8599
6500 Rookin St Building C, Suite C109
Houston, TX 77074-5019

Promise Credit Union is headquartered in Houston and is the 395th largest credit union in the state of Texas. It is also the 4,837th largest credit union in the nation. It was established in 2008 and as of September of 2016, it had grown to 5 employees and 3,116 members at 1 location. Promise Credit Union has a C- health rating.

Field of Membership Restrictions

Membership in Promise Credit Union is open to families in the Gulfton/Sharpstown area of Houston, Texas.
See current membership details

Reviews (1)

Communication

Posted by: nia09us | Nov 9, 2012

 

What I dilike about this credit union is, I can never reach anyone. Be it by phone or email, there is no communication by this bank. I feel very uncomfortable giving my money to someone to hold yet I can never find anyone. It's like giving my money to a crackhead, I don't know if it will be there or not. so I'm looking for a new bank



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. Promise Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #68592
Year Chartered2008
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD8.81%
Annual Interest Income$266.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$5.3MM$5.3MM
LoansQ3 2016vs Q3 2015$3.7MM$3.6MM
DepositsQ3 2016vs Q3 2015$4.0MM$4.5MM
Equity CapitalQ3 2016vs Q3 2015$227.00K$161.00K
Secondary CapitalQ3 2016vs Q3 2015$300.00K
Loan Loss AllowanceQ3 2016vs Q3 2015$116.00K$226.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$142.00K$95.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Promise Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Promise Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Primary Share/Savings Account

Promise Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-36 Month CD
0.50%$500-24 Month CD
0.40%$500-18 Month CD
0.35%$500-12 Month CD
0.15%$500-6 Month CD
Locations


Promise Credit Union Locations
Branch Office6500 Rookin St Building C, Suite C109Houston, TX 77074-5019