Provident Credit Union Redwood City, California
Provident Credit Union is a state-chartered credit union headquartered in Redwood City, CA, established in 1950 (NCUA charter 66343), and it is regulated and insured by the NCUA. At Q2 2026 it reported 134,059 members and total assets of $3.59B (up 0.5% from Q2 2025), the 22nd largest of 238 credit unions headquartered in California. Its net worth ratio was 10.86% at Q2 2026, in the well capitalized band.
Also written as Provident CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 66343
- Headquarters
- Redwood City, CA
- Established
- 1950
- Total assets, Q2 2026
- $3.59B
- Assets vs Q2 2025
- +0.5%
- Members, Q2 2026
- 134,059
- Net worth ratio, Q2 2026
- 10.86%
- Latest call report
- Q2 2026, NCUA 5300 · Provident Credit Union call report
- Asset rank in state
- 22nd of 238 in California
- Routing number
- 321171731
- Branches
- 22
It has 616 fewer members than on June 30, 2025 (-0.5%). Its net worth ratio was up 0.54 percentage points from 10.32% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $2.21B of $2.85B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.07% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 10.86% net worth ratio is below that band's 10.89% median.
Credit unions similar in size in California
Credit unions merged into Provident Credit Union
Alameda Credit Union (2013)
Frequently asked about Provident Credit Union
How big is Provident Credit Union?
At Q2 2026 it reported total assets of $3.59B and 134,059 members.
Where is Provident Credit Union headquartered?
It is headquartered in Redwood City, CA, United States.
When was Provident Credit Union founded?
It was established in 1950, per NCUA records.
Is Provident Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 66343): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Provident Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Provident Credit Union well capitalized?
Its net worth ratio was 10.86% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Provident Credit Union's delinquency ratio?
Its delinquency ratio was 0.07% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Provident Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 90.80% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Redwood City, CA 94065
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1950
- NCUA Charter #
- 66343
- RSSD ID
- 629090
- Members
- 134,059
- Potential members
- 1,000,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 10.86% | 10.89% | 49th below |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.66% | 0.89% | 31st below |
| Return on equity Middle half of peers: 5.37% to 10.92% | 6.08% | 8.07% | 32nd below |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 2.78% | 3.45% | 16th bottom |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 79.70% | 70.59% | 18th bottom |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.49% | 1.68% | 65th above |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.07% | 0.68% | over 90th top |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.28% | 5.12% | under 10th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 90.80% | 88.03% | 60th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$3.59B total assets against $3.57B; $3.14B total shares and deposits against $3.14B; $2.85B total loans against $2.70B.
$389.8M net worth against $368.6M.
10.86% net worth ratio against 10.32%.
90.80% loan-to-share ratio against 85.83%.
0.07% delinquency ratio against 0.09%.
0.66% return on assets against 0.47%; 6.08% return on equity against 4.59%.
2.78% net interest margin against 2.53%.
134,059 members against 134,675.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.86% | 0.66% | 0.07% | 90.80% |
| March 31, 2026 | 10.59% | 0.63% | 0.08% | 87.67% |
| December 31, 2025 | 10.46% | 0.55% | 0.12% | 87.19% |
| September 30, 2025 | 10.34% | 0.58% | 0.13% | 86.43% |
| June 30, 2025 | 10.32% | 0.47% | 0.09% | 85.83% |
| March 31, 2025 | 10.12% | 0.30% | 0.16% | 83.34% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.