Provident Credit Union

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A short history of Provident CU

Since its inception in 1950 the Provident Credit Union has been serving its members in the REDWOOD CITY, 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 James Ernest, the Provident CU has grown its membership to over 111,374 with assets of more than $2,365,122,509. They have a main office and 20 branch offices. Please see the credit unions website or contact them by phone at (650) 508-0300 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in REDWOOD CITY, CA.

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

Charter Number 66343
State California 
Zip-Code 94065
Phone Number (650) 508-0300
Fax Number (650) 508-7284
Email Address: none
CEO/President James Ernest
Members 111,374 
Full-Time Employees 288 
Part-Time Employees 34 
Number of Branch Offices 20 
Total Assets 2,365,122,509 

Compare Provident Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
My CU MY Credit Union 510 Veterans Blvd Ste B 94063 (650) 366-5522 No 2.95
San Mateo CU College of San Mateo 1700 W Hillsdale Blvd 94063 62736 No 3.02
Sequoia CU Home Office 530 El Camino Real 94063 (650) 366-7777 No 3.14
Polam CU Concord 1010 Oak Grove Rd 94518 (925) 609-8500 No 3.45
San Mateo City Employees CU City Hall 330 W 20th Ave 94403 (650) 522-7072 No 3.82

Provident Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Provident 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 11.74 3.00 3.00 3.38 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 396 146 92 58 132
Rank Among All California Credit Unions 89 57 42 17 33

Provident Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.95 0.03 0.20 0.25 1.19
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 39 148 114 310 134
Rank Among All California Credit Unions 6 47 34 92 20
Provident Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.74029,00438,755,795
All Other Unsecured Loans/Lines of Credit 11.2502,2229,918,039
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.0002,26951,682,565
Used Vehicle Loans 3.00012,900183,497,333
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.3801,9611,010,986,348
Total Other Real Estate Loans/Lines of Credit 4.2502,618109,628,552
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.0501,06018,132,800
TOTAL LOANS & LEASES 52,0341,422,601,432

Provident 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 28394,084,23185,721,750
    b. 15 Years or less 14821,539,66922069,782,438
    a. > 15 years 1,082692,588,93911996,378,160
    b. 15 Years or less 435202,326,9342415,381,506
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 13446,57500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 37822,846,332675,006,600
Closed-End Adjustable Rate 20410,001,32100
Open-End Adjustable Rate 2,03676,780,8991,70015,879,019
Open-End Fixed Rate 0000
TOTALS 4,5791,120,614,9002,138208,149,473


Interest Only & Payment Option 1st Mortgage Loans 144,820,0740
Interest Only & Payment Option Other RE/LOC Loans 5190,1080
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Provident Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
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