Given the recent headlines about the sudden closure of a California bank, we wanted to assure you that Providence Federal Credit Union remains safe and strong, just as it has been since 1962.
Your money is insured and secure
Not to worry. Your money is safe here. The National Credit Union Share Insurance Fund (NCUSIF) insures your money, and it is protected up to $250,000 per individual depositor. For more information, click here.
You’re in safe hands
Unlike for-profit financial institutions, we are a member-owned financial institution. All decisions about the products and services offered are made in your best interests.
You can rest assured that Providence Federal Credit Union (PFCU) is considered financially sound and well-capitalized. We exceed the regulatory standards and operate within the definition of “safe and sound” practices. So our members can rest easy, knowing we’re prepared to withstand any financial uncertainty.
If you have questions about our capital, credit, or liquidity strength, please get in touch with us at (503) 215-6090.
Feel Confident in Uncertain Times
Your deposits are federally insured up to $250,000 through the National Credit Union Administration (NCUA ), an independent agency of the federal government. NCUA’s Share Insurance Estimator is a tool that allows you to easily calculate the insurance coverage for all your accounts, giving you peace of mind knowing that your funds are protected. This information can be particularly valuable if you have multiple accounts or large balances, as it allows you to see how much of your funds are insured and how much may be at risk. This valuable resource is freely available to all credit union members.
To get started, simply visit the link below and enter “Providence Federal Credit Union” as your insured credit union, or you can enter charter #19522. Then you can enter the information for the accounts you have with us, and finally you’ll receive a report showing your insurance coverage.NCUA Share Insurance Estimator
60 years strong
We have been around for 60 years, and we will continue to operate in the best interest of our membership. It’s our promise to you.
If you have questions, please don’t hesitate to contact our call center at (503) 215-6090. And as always, if you do find yourself in a financial emergency, reach out, so we can work towards a solution.