Member Eligibility
At Purdue, we believe that everyone deserves a supportive financial community. Becoming a member is simple and welcoming! If you live, work, or go to school in the area around 5701 N 50 W West Lafayette In 47906, you're likely eligible to join us. We embrace all individuals looking for a place where they can manage their finances with care and dedication. Membership comes with great benefits like personalized service, competitive rates on loans, and access to a variety of banking products designed just for you. To get started on your journey with us, simply reach out at (765) 497-3328 for any questions or visit our website to check the detailed eligibility criteria. We can't wait to welcome you into the Purdue family!
Financial Strength
At Purdue, 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 committed to maintaining a strong financial foundation that allows us to serve you better. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $208,058,581, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.79% 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 $304,187,313 in share certificates and $553,410,696 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,000,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $204,042,136 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is reflected in the $4,051 in used auto loans and $1,473,776,197 in total loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is underscored by our $3,565,665, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 287 full-time employees and 26 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $9,688,796. Total Share and Deposit Accounts: 209,336, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Purdue is your trusted partner. Visit us at 5701 N 50 W West Lafayette In 47906 or call (765) 497-3328 to learn more about how we can help you achieve your financial goals.
