Purdue Federal Credit Union

April 3, 2019

Purdue Federal Credit Union Opens Doors to Purdue Global Faculty, Staff and Students

Purdue Federal Credit Union announced today it has opened membership eligibility to faculty, staff and students of Purdue University Global. 

Founded 50 years ago on Purdue University’s West Lafayette campus, Purdue Federal was established by a group of Purdue employees searching for a place where they, their families and fellow employees could save and borrow money safely, confidentially and at a fair rate of interest. 

“Opening membership to the faculty, staff and students of Purdue University Global is a natural extension of our commitment to serving individuals affiliated with Purdue University,” said Purdue Federal President and CEO Bob Falk. “Just as Purdue University aims to provide learners of all ages with flexible educational opportunities, we look forward to providing this population with solutions to meet their changing financial needs.” 

Purdue Federal offers its members an array of financial products including mortgage and consumer loan products—first mortgages, home equity loans, vehicle loans, the official Purdue Alumni Association Visa® credit card, secured loans and more—savings and money market accounts free checking accounts with direct deposit, free student checking accounts, individual retirement accounts, and business accounts. 

“Providing access to Purdue Federal is another outstanding benefit of being part of the Purdue system, and we’re excited to offer membership to our more than 2,000 faculty and staff, and 29,000 Purdue Global students,” said Purdue Global Chancellor Dr. Betty Vandenbosch. 

Individuals interested in joining Purdue Federal may open an account online at purduefed.com, by calling 800.627.3328, or by stopping by their favorite branch. A banner on the Purdue Federal website will guide visitors to the online account opening system that will walk them through the process of becoming a member. 

Purdue Federal was founded in 1969 as a member-owned financial cooperative, currently serves more than 79,000 members nationwide and has $1.2 billion in assets.