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Parsons Federal Credit Union has proudly and exclusively served the financial needs of Parsons Corporation employees and their family members since September 15th, 1975. Today we serve more than 8,000 members worldwide and our field of membership has grown to include WorleyParsons USA employees. PFCU always has been, and always will be, financially safe and sound. We achieve this through prudent investments, operational integrity and financially astute members.
PFCU is a not-for-profit financial cooperative, which means that profits are returned to our members in the form of lower loan rates, higher savings rates and low or, in most instances, no fees! We also provide fee-free access to your accounts at more than 4,300 Shared Branch Locations, 2,300 kiosks, and 30,000 Co-Op ATMs nationwide, and even some outside of the US at military bases around the world. (Did you know that Chase Bank who claims to be everywhere only has 15,000 ATMS and is not nationwide?)
All member accounts are insured by the National Credit Union Administration (NCUA) and by private share insurance through American Share Insurance, provided to our members at no cost to them. Only credit unions can offer this valuable coverage as it is not available to banks. Our board of directors elected to pay for this additional coverage because they realized how important saving is to our members.
State of the Art Technology
We are continually working to provide state of the art technology such as our eDeposit and Mobile Banking that allows our members worldwide to access their Parsons Federal Credit Union accounts at home, work or on vacation, even in their jammies!
Volunteersim...A Credit Union Advantage
Our Board of Directors and Supervisory Committee are comprised entirely of volunteers, elected by the credit union membership, who donate their time, wisdom and talent to help guide Credit Union management towards the realization of the Credit Union’s goals. Board Members also assist in making Credit Union policies, procedures and ensuring all regulatory compliance is followed. And best of all, they well represent the members of Parsons Federal Credit Union’s diverse membership including young professionals and retirees.
Our Mission Statement
“Parsons Federal Credit Union is committed to providing a broad range of products and services to our valued members, using proven technologies and professional methods, in a reliable, financially sound manner while ensuring the security and privacy of our members' information.”