PARDA FEDERAL CREDIT UNION - Loves Park, IL

Welcome to Parda Federal Credit Union, your trusted financial partner located at 5500 Forest Hills Rd, Loves Park, IL 61111. Established in 1974, we have proudly served our community for nearly five decades, growing to a vibrant membership of 15,201 individuals and families who rely on us for their banking needs. With total assets exceeding $208 million, we are dedicated to providing you with the best financial solutions tailored just for you. At Parda, we believe in making banking accessible and straightforward. Our members enjoy a range of services including personal banking, auto loans, mortgage options, and business financing. With over $9.5 million in total deposits and a strong net worth of $28 million, our credit union is solid and secure, ensuring that your money is safe with us. Under the leadership of our CEO, Kimberly Jones, and Board President, David Sweet, we are committed to fostering a welcoming environment where everyone feels valued. Our team of 59 employees is here to assist you with all your financial needs, whether it's applying for a loan or setting up an account. While you can visit us at our branch for any inquiries or support, please note that official correspondence should be sent to our mailing address: c/o Cadbury Adams USA LLC, Loves Park, IL 61111-5213. We invite you to explore the benefits of membership at Parda Federal Credit Union. For more information about our services or to become a member today, please visit our website at parda.com or give us a call at 815-282-5631. Your financial journey starts here!

Welcome to Parda Federal Credit Union, your friendly financial partner located conveniently at 5500 Forest Hills Rd, Loves Park, IL 61111. Our branch is situated in a vibrant area, close to local landmarks like the Loves Park City Hall and the scenic Rock River, making it easy for you to stop by while enjoying everything our community has to offer. At Parda, we prioritize accessibility for all members. Our branch features ADA-compliant entryways and ramps, ensuring everyone can visit us with ease. Ample parking is available right outside our door, so you won't have to worry about finding a spot when you come in for your banking needs. We are here for you during convenient hours: Monday through Tuesday and Thursday from 9:00 AM to 4:00 PM, Wednesday from 9:00 AM to 2:00 PM, and Friday from 6:30 AM to 3:30 PM. Whether you're looking to open an account, apply for a loan, or simply ask questions about our services, our friendly staff is ready to assist you. If you're in need of quick cash access, we also provide ATM services right here at the branch. While we don't have drive-thru banking facilities, our team is always prepared to serve you inside with a smile. For any official correspondence that needs to be sent via mail, please address it to c/o Cadbury Adams USA LLC at the same Loves Park address. Feel free to give us a call at 815-282-5631 if you have any questions or need assistance before your visit. We look forward to welcoming you into our Parda family!

At Parda, we believe that joining our community is more than just opening an account it's about becoming part of a supportive family. We welcome anyone who lives, works, or worships in the area around our branch to apply for membership. This means if you're in the Loves Park area or nearby, you're likely eligible! Becoming a member not only gives you access to great financial services but also connects you with a community that cares about your financial well-being. You can find all the detailed eligibility criteria on our website at http://www.parda.com/join/how-to/become-a-member , which is a great resource for checking if you qualify. Once you confirm your eligibility, opening an account with us is a breeze! Just head over to our account opening page at https://now.parda.com/enroll to get started. If you have any questions along the way, feel free to give us a call at (815) 282-5631. We're excited to help you become part of the Parda family and support your financial journey!

At Parda, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength is robust, providing you with the confidence you need in today's world. With a net worth of $28,079,954, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1348 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $16,547,418 in share certificates and $48,706,179 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $24,345,236 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $1,947 in used auto loans and a total of $109,980,548 in loans and leases. Our operational efficiency is reflected in our net income of $414,823, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 58 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team. We have built a strong member base with a total of 32,524 share accounts, showcasing the trust placed in us by our community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Parda is your trusted partner. Visit us at 5500 Forest Hills Rd Loves Park Il 61111 or call 815-282-5631 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.