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Purdue Credit Union Share
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Overview Share
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Purdue Credit Union is a federal credit union based in West Lafayette, Indiana. It has been opened since 1969, for 53 years.

With around $1,192,590,000 in assets, Purdue Credit Union is considered to be a very large credit union. It has 13 branches and 9 ATM locations.

About Share
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Address 1551 Win Hentschel Boulevard
West Lafayette, Indiana 47906
Website http://www.purduefed.com
Phone (765) 497-3328
CEO Robert A. Falk
President of the Board Steve Mogensen
Services Offered
Score Card Share
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53 years
Years in business
Opened in 1969
Well Capitalized
Net worth classification
Source: NCUA
79,022 members
Membership type: Multiple common bond – primary educational
Above average number of members
338:1
Credit union member to staff ratio
338 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$1,192,589,512
Total assets
Above average
13 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
11.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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13 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
Purdue Credit Union Branch Locations

Purdue Federal Credit Union - Vistech Offices
1435 Win Hentschel Boulevard
West Lafayette, Indiana 47906
No ATM
Purdue Federal Credit Union - Union Street
1520 Union Street
Lafayette, Indiana 47904
ATM Available
Purdue Federal Credit Union - 26 Crossings
4709 Meijer Court
Lafayette, Indiana 47905
ATM Available
Purdue Federal Credit Union - Purdue Memorial Union
101 North Grant Street
West Lafayette, Indiana 47906
ATM Available
Purdue Federal Credit Union - 350 South
1725 Veterans Memorial Parkway S.
Lafayette, Indiana 47909
ATM Available
Purdue Federal Credit Union - Harrison High School
5701 North 50 W.
West Lafayette, Indiana 47906
No ATM
Purdue Federal Credit Union - Monroe Street
3404 Monroe Street
La Porte, Indiana 46350
ATM Available
Purdue Federal Credit Union - Ivy Tech Branch
3101 S. Creasy Lane
Lafayette, Indiana 47905
ATM Available
Purdue Federal Credit Union - Purdue Northwest
1401 S. US Highway 421
Westville, Indiana 46391
ATM Available
Purdue Federal Credit Union - Northwestern Branch
516 Northwestern Avenue
West Lafayette, Indiana 47906
ATM Available
Purdue Federal Credit Union - Admin
1551 Win Hentschel Boulevard
West Lafayette, Indiana 47906
ATM Available
Members Share
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79,022 members
Membership type: Multiple common bond – primary educational
Above average number of members

With 79,022 members, the Purdue Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 94% of credit unions.

Fees Share
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$40
Average fee per member
The average fee per member at the Purdue Credit Union is $40, which is comparable to most credit unions. This rate is lower than 57% of all credit unions.
Fees are 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 Purdue Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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338:1
Credit union member to staff ratio
338 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
234 staff members
FTE (full-time equivalent)
8% of employees are part-time
224 full-time, 20 part-time

Purdue Credit Union has 224 full-time staff members and 20 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 92% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Purdue Credit Union has around 338 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$1,192,589,512
Total assets
Above 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.
10.2%
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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$16,969
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 86% of credit unions.

Purdue Credit Union holds a total of $889,270,000 in loans and leases, which is about $16,969 per member on average.

Savings interest rate Share
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0.10%
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. Purdue Credit Union pays 0.10%.

Loan rates Share
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11.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
14.20%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.77%
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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4.09%
New car loan rate
Compared to 4.0% nationally
4.54%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Purdue Credit Union

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Purdue Federal Credit Union - 26 Crossings
Credit Union Branch: 4709 Meijer Court
Lafayette, Indiana 47905 ATM Available
Purdue Federal Credit Union - Member Business Services
Credit Union Branch: 123 North 8th Street
Lafayette, Indiana 47901 No ATM
Purdue Federal Credit Union - Northwestern Branch
Credit Union Branch: 516 Northwestern Avenue
West Lafayette, Indiana 47906 ATM Available
Purdue Federal Credit Union - Admin
Credit Union Branch: 1551 Win Hentschel Boulevard
West Lafayette, Indiana 47906 ATM Available
Purdue Federal Credit Union - Vistech Offices
Credit Union Branch: 1435 Win Hentschel Boulevard
West Lafayette, Indiana 47906 No ATM
Purdue Federal Credit Union - Purdue Northwest
Credit Union Branch: 1401 S. US Highway 421
Westville, Indiana 46391 ATM Available
Purdue Federal Credit Union - Union Street
Credit Union Branch: 1520 Union Street
Lafayette, Indiana 47904 ATM Available
Purdue Federal Credit Union - 350 South
Credit Union Branch: 1725 Veterans Memorial Parkway S.
Lafayette, Indiana 47909 ATM Available
Purdue Federal Credit Union - Ivy Tech Branch
Credit Union Branch: 3101 S. Creasy Lane
Lafayette, Indiana 47905 ATM Available
Purdue Federal Credit Union - Monroe Street
Credit Union Branch: 3404 Monroe Street
La Porte, Indiana 46350 ATM Available