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Who We Are


Who We Are Seven (7) employees at the Detroit, Michigan Parke-Davis facility, originally formed PARDA Federal Credit Union on March 7, 1937. The incorporation as a financial cooperative brought both loan and deposit products and services to the colleagues of Parke-Davis.

In 1970, Parke-Davis joined the Warner-Lambert family and PARDA's service expanded with this greater field of membership. In 1978 the charter further expanded to include all of Warner-Lambert subsidiaries. Additional PARDA branch offices were opened to provide convenient services to the entire member base.

New products and services were continually added over the years to ensure state of the art financial capabilities to Warner-Lambert colleagues and our long list of Select Employee Groups (SEG's). As this process continues, PARDA has joined forces with Pfizer Pharmaceuticals to offer their colleagues the financial freedom of choice. PARDA continues to offer all that is possible to keep members on the leading edge of financial technology.

For over seventy (70) years, PARDA Federal Credit Union has worked diligently to serve the needs of all members. The pledge and desire to serve is as strong today as it was on March 7, 1937.

Take a minute to browse our site and learn about the many products, services and benefits available to you as an important member-owner of PARDA Federal Credit Union. Thank you for your membership. We're here to serve you!



Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
National Credit Union Administration, a U.S. Government Agency.

 

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a ''noninterest-bearing transaction account'' are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term ''noninterest-bearing transaction account'' includes a traditional share draft account on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, PARDA Premier Account, Primary Shares, Share Certificates and Sub-Accounts, even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, www.ncua.gov.




 

 


 

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