Parda
Parda is a credit union based in Auburn Hills, Michigan, established in 1974, with $217 million in total assets serving 14,763 members. By Trust Grade it ranks 94th of 170 credit unions we track in Michigan. Its net worth ratio of 13.6% is stronger than 78% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 0.17% return on assets. No consumer complaints against Parda appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Parda compares to Michigan peers
How we graded Parda
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.6% capital ratio)
- Profitable (ROA 0.17%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Parda over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Parda insured?
Yes. Parda is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Parda: frequently asked questions
Is Parda a good credit union?
Parda earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (13.6% capital ratio); Profitable (ROA 0.17%).
Is Parda NCUA-insured?
Yes. Parda is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Parda?
Parda holds $217 million in total assets, ranking 94th of 170 credit unions we track in Michigan. It serves 14,763 members.
Does Parda have CFPB complaints?
No CFPB complaints against Parda appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
