Parsons Federal Credit Union

  • +1

A short history of Parsons FCU

Since its inception in 1975 the Parsons Federal Credit Union has been serving its members in the Pasadena, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Ray Crouse, the Parsons FCU has grown its membership to over 6,429 with assets of more than $211,384,555. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (626) 440-7000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Pasadena, CA.

General Information For Parsons FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 22141
Address 100 W. Walnut Street 
City Pasadena 
State California 
Zip-Code 91124
Phone Number (626) 440-7000
Fax Number (626) 440-9405
Email Address:
CEO/President Ray Crouse
Members 6,429 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 211,384,555 

Compare Parsons Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Wescom Central CU Stevenson Ranch 24939 Pico Canyon Rd Ste D 91381 (888) 493-7266 No 0.34
E-central CU E-Central Credit Union 990 S Fair Oaks Ave 91105 (626) 799-6000 No 1.35
Pasadena CU Pasadena Federal Credit Union 1038 S Fair Oaks Ave 91105 (626) 799-0882 No 1.41
La Financial CU L.A. Branch 716 W 1st St 90012 (800) 894-1200 No 2.14
Firefighters First CU San Bernardino/Riverside Regional Office 25805 Barton Rd Ste A-108 90012 (323) 254-1700 No 2.36

Parsons Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Parsons Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.50 2.00 2.00 3.98 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 434 35 22 136 100
Rank Among All California Credit Unions 100 16 13 50 24

Parsons Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.08 0.15 N/A 0.60 0.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 120 119 N/A 240 211
Rank Among All California Credit Unions 21 31 N/A 67 50
Parsons Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.5002,0683,338,219
All Other Unsecured Loans/Lines of Credit 6.9906061,919,342
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.0002515,001,952
Used Vehicle Loans 2.00076910,038,437
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.98015440,296,022
Total Other Real Estate Loans/Lines of Credit 4.00014619,803,339
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.400296,577,171
TOTAL LOANS & LEASES 4,02386,974,482

Parsons Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 9927,367,95231,021,000
    b. 15 Years or less 396,847,21200
    a. > 15 years 41,543,49700
    b. 15 Years or less 41,651,5351305,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 4801,92200
Adjustable Rate > 1 yr 42,083,90400


Closed-End Fixed Rate 402,824,384151,971,200
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 10616,978,955276,824,677
Open-End Fixed Rate 0000
TOTALS 30060,099,3614610,121,877


Interest Only & Payment Option 1st Mortgage Loans 42,083,5410
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Parsons Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes