Purdue Federal Credit Union

Headquarters

1551 Win Hentschel Blvd
West Lafayette, IN 47906
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 5.50% →
1-Year CD 0.30% 4.65% →
2-Year CD 0.40% 4.25% →
5-Year CD 0.95% 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Purdue is an NCUA insured institution located in West Lafayette, IN. It was founded in 1969 and has approximately $1918.75 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 19307
Date Established 1969
Assets $1,918.75 million
Loans $1,447.78 million
Deposits $1,638.86 million
Capital $205.71 million
 

Field of Membership Restrictions

Membership in Purdue Federal Credit Union is open to the following: (1) employees, students or alumni of Purdue University and their immediate family; (2) those who live, work, worship, attend school or volunteer in Laporte County, Indiana; (3) students and family of LaPorte County Schools and other select area schools; (4) employees of IU Health, ADECCO, Security Systems of Indiana and other area Select Employer Groups.

Deposit Rates - December 15, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
30 Mo CD
0.40% $10,000 $14,999 Learn More
30 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.95% $10,000 $14,999 Learn More
60 Mo CD
0.95% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - December 15, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Purdue

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.368% 6.250% 0.75 $4,000 $1,971 Learn More
Advantage Lending
NMLS ID: 2592312
License#: RM.805266.000
6.622% 6.500% 0.88 $4,275 $2,023 Learn More
PADDIO
NMLS ID: 1907
6.686% 6.500% 1.00 $6,202 $2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.716% 6.625% 0.75 $3,023 $2,049 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info
Rate
Rate
See Table
Intro APR
7.750 %
After Intro: 7.750 %
$25,000 Learn More
More Info

Note to Purdue
To upload and update your bank's rates please register. It is free to register and add rates.

Branches


Climate Policy and Initiatives

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Financial Details

Purdue Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Purdue. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Purdue U.S. Average
0.76% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Purdue had $1,585,085 in non-current loans and $19,620 in owned assets. To cover these potential losses it had $205,711,458 in net worth and $4,765,940 in loans loss reserves. That gives it a Texas Ratio of 0.76%.

Net Worth
Purdue U.S. Average
10.7% 13.93%

Purdue FCU has a net worth of 10.7% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



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