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Provident Credit Union Share
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Overview Share
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Provident Credit Union is a federal credit union based in Dover, Delaware. It has been opened since 1964, for 58 years.

With around $10,250,000 in assets, Provident Credit Union is considered to be a medium size credit union.

About Share
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Address 401 S. New Street
Dover, Delaware 19904
Website http://www.providentfcu.com
Phone (302) 734-1133
Fax (302) 734-2683
CEO Francine Wilson
President of the Board James Potts
Services Offered
Score Card Share
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58 years
Years in business
Opened in 1964
Well Capitalized
Net worth classification
Source: NCUA
1,548 members
Membership type: Multiple common bond – primary other manufacturing
Below average number of members
258:1
Credit union member to staff ratio
258 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$10,250,565
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Delaware
Average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
12.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 3 in Delaware
Average number of branches
Provident Credit Union Branch Locations

Provident Credit Union: Main Branch
401 S. New Street
Dover, Delaware 19904
No ATM
Members Share
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1,548 members
Membership type: Multiple common bond – primary other manufacturing
Below average number of members

With 1,548 members, the Provident Credit Union is considered to be a small credit union. It is smaller than 71% of credit unions.

Fees Share
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$81
Average fee per member
The average fee per member at the Provident Credit Union is $81, which is high compared to most credit unions. This rate is higher than 74% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Provident Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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258:1
Credit union member to staff ratio
258 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
6 staff members
FTE (full-time equivalent)
29% of employees are part-time
5 full-time, 2 part-time

Provident Credit Union has 5 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 71% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Provident Credit Union has around 258 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$10,250,565
Total assets
Below average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
13.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$3,637
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 95% of credit unions.

Provident Credit Union holds a total of $5,460,000 in loans and leases, which is about $3,637 per member on average.

Savings interest rate Share
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Provident Credit Union pays 0.05%.

Loan rates Share
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12.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.71%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.73%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.87%
New car loan rate
Compared to 4.0% nationally
5.47%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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8.47%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
6.52%
Other real estate loan rates
Compared to 0.9% nationally

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American Spirit Credit Union
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Wilmington Police & Fire Credit Union
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Dexsta Credit Union
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Priority Plus Credit Union
Credit Union: Well Capitalized Wilmington, Delaware 1941.0 $18 million Well Capitalized
Eagle One Credit Union
Credit Union: Well Capitalized Claymont, Delaware 11371.0 $79 million Well Capitalized
Dover Credit Union
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Tidemark Credit Union
Credit Union: Well Capitalized Seaford, Delaware 15200.0 $279 million Well Capitalized
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Delaware River & Bay Auth Emp Credit Union
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Community Powered Credit Union
Credit Union: Well Capitalized Bear, Delaware 8989.0 $125 million Well Capitalized
New Castle County Delaware Employee Credit Union
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