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About Us

Parsons Federal Credit Union is made up of member-owners who take pride in where they bank.  We have proudly served the financial needs of Parsons Corporation, its affiliates, and their family members since 1975. Today, we have expanded our footprint, delivering outstanding service to members located around the world through innovative technology.

For over 40 years, we have been a safe and secure financial institution; through prudent investments, operational integrity and financially astute members, we look forward to serving our members for another 40 years and beyond.

Member Ownership
We are a not-for-profit, member-owned financial cooperative, which means that profits are returned to our members in the form of lower loan rates, higher savings rates and little to no fees. As a share savings account holder, you own a piece of your credit union. That's why we have your best interests at heart and are committed to making your life's journey easier.

Safety and Security

You can rest assured that your money is secure. All member accounts are insured up to $500,000 by the National Credit Union Administration (NCUA) and by private share insurance through American Share Insurance (ASI), provided to our members at no cost to them.  Most banks only offer protection up to $250,000 with the Federal Deposit Insurance Corporation (FDIC).

The Co-Op Difference

We have everything you need to access your account anytime, anywhere. With e-deposit, e-statement, mobile banking, and online bill payments, our products and services cater to today’s online market.  We understand our members' need for convenience and remote access no matter where they are in the world.  Also, because Parsons FCU is part of the CO-OP Shared Branch Network, you have fee-free access to your accounts at over 5,000 brick and mortar branch locations and 30,000+ CO-OP surcharge-free ATMs nationwide. Walk into any one of the locations to do your daily bank transactions. On top of that, when you're a qualifying Kasasa account holder, you can use ANY ATM in the nation and get unlimited surcharge-fee reimbursements.

Our Mission Statement

Uniquely partnering to make life's journey easier.