Providence Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

6400 Se Lake Rd Ste 125, Milwaukie, OR 97222-2243

Website

(503) 215-6090

Data Source: NCUA, December 31, 2016


Providence Federal Credit Union was founded in 1969. Headquartered in Milwaukie, Oregon, Providence Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Providence Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Providence Federal Credit Union services 15,394 members through its 3 offices and branches and 25 full-time employees. It has $132,430,432 of total assets and $16,162,747 of net worth. Based on its asset size and net worth ratio, Providence Federal Credit Union is classified as a Well Capitalized medium large credit union.

Providence Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Providence Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Providence Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Oregon and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Oregon
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.1200
0.0500
0.1200
Money Market
0.1400
0.1500
0.2500
Certificate Deplit
0.3500
0.5200
0.5800
IRA
0.0000
0.2900
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Oregon
National Median Rates
Credit Cards
9.4000
9.9000
9.9900
Unsecured Line of Credits
8.5100
10.2700
10.9500
Short-term Small Amount
25.1800
20.0000
25.0000
Student Loans
n/a
5.8700
6.0200
New Car Loans
3.4200
3.2150
3.3300
Used Car Loans
4.2400
3.7800
4.5000
1st Mortgage Real Estates
4.1600
4.3400
4.2500
Other Real Estates
4.1100
4.8750
4.7000

Providence Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Providence Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
No
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

As a community financial institution, Providence Federal Credit Union actively involves in local communities by prliding services such as financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Administrative Office
Main Office

6400 Se Lake Rd Ste 125
Milwaukie, OR 97222-2243
Phone:503-215-6090

Providence Pop Ii Branch
4340 Ne Halsey St
Portland, OR 97213
Phone:503-215-6090

Providence St Vincent Medical Center Branch
9205 Sw Barnes Rd
Portland, OR 97225
Phone:503-215-6090

St Vincent Branch
9205 Sw Barnes Rd
Portland, OR 97225
Phone:503-215-6090

(503) 513-8770

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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