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Parkside Credit Union Rates & Review March 2026

Parkside Credit Union's 6 month CDs rates are at 3.75%. MonitorBankRates evaluates the financial stability of Parkside Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.28%. Rates were last updated on 03/28/2026.

Parkside Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Parkside Credit Union? Share your experience about Parkside Credit Union by leaving a review below, or read customer reviews before you decide to use Parkside Credit Union.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 98/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
4.28%
Excellent Lower than avg
Parkside Credit Union
WESTLAND BRANCH
1747 S NEWBURGH RD
WESTLAND, MI 48186
https://www.parksidecu.org
Member NCUA

Parkside Credit Union CD Rates

Product Rate APY Term View More
6 month Share Certificates - 3.75% 6 months
No additional details.
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 4.28%

Parkside Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
HELOC - - 6.75%
Details As Low As
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 4.28%

Parkside Credit Union Credit Card Rates

Product Rate APR View More
TRUE Rewards Credit Card - 11.99%
Details As Low As
Last Updated 03/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 4.28%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Parkside Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Parkside Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Parkside Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Parkside Credit Union
Address 1747 S NEWBURGH RD, WESTLAND, MI 48186
Phone 734-525-0700
Fax 734-728-4749
President WILLIAM SACKETT
CEO JANET THOMPSON
Full-Time Employees 49
Part-Time Employees 1
Branch Locations 3
ATM Locations 3
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (98/100)
Texas Ratio
4.28%
Return on Assets (ROA)
0.5407%
Return on Equity (ROE)
3.9140%
Non-Performing Loans Ratio (NPL)
1.02%
Total Assets
169,826,427
Total Amount of Shares and Deposits
152,114,199
Total Shares and Deposits < 1 Year
146,136,433
Total Shares and Deposits 1 3 Years
5,529,341
Total Shares and Deposits > 3 Years
448,425
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
3,098,204
Total Uninsured Shares and Deposits > $250K (F+J)
3,098,204
Total Insured Shares and Deposits > $250K (item 17 less item K)
149,015,995
Total Interest Expense (Sum of items 6 8)
690,837
Share Certificates
683
Number of Accounts for Share Drafts
10,869
IRA KEOGH Accounts
100
Number of Accounts for Regular Shares
16,160
Non Member Deposits
8,034
Money Market Shares
587
Net Income (unless the amount is already included in Undivided Earnings)
918,316
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
9,574,880
Total Liabilities
154,118,464
Source: NCUA — Last Updated 09/30/2023

Customer Reviews

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Average Rating
☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About Parkside Credit Union

Is Parkside Credit Union a safe place to deposit money?

Yes, Parkside Credit Union is considered a safe financial institution. With a Texas Ratio of 4.2780821371312%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does Parkside Credit Union operate?

Parkside Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Parkside Credit Union?

Yes, to access services at Parkside Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Parkside Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Parkside Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Parkside Credit Union offer online and mobile banking?

Most modern institutions like Parkside Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.parksidecu.org.