You can do practically everything online today: order food, buy your holiday gifts, apply for a car loan, research GAP coverage, and even apply for a mortgage. There are still some things you need to do in person, but you can open a checking account online when you bank with Public Service Credit Union. While PSCU… Continue reading Can You Open a Checking Account Online?
Michiganders looking for an alternative to traditional banks have quite a few options, with a significant number of credit unions in Michigan to choose from. Choosing a credit union can be easy for some people, but others might have a range of options — like work- or school-based credit unions. With 231 credit unions to choose… Continue reading Credit Unions in Michigan
You know how credit unions work, the benefits of joining a credit union, and how easy it is to join, but how do you choose a credit union? For some people, the credit union basically chooses them. But if you have more than one option for a credit union — and if you’re reading this, you probably… Continue reading How to Choose a Credit Union
When many of our Detroit credit union members learn that banks are for-profit institutions designed to make money for their owners, they immediately conclude that a credit union is a non-profit. Public Service Credit Union is a 501(c)(14) non-profit, but that designation might sound different from the most common one you hear: 501(c)(3). Read on as… Continue reading Are Credit Unions Non-Profit?
You’ve been reading about how great it can be to drop your bank and find a credit union near Detroit or Romulus, and now you’re wondering if credit unions aren’t too good to be true — you’ve just discovered that credit unions are not FDIC insured. The FDIC only insured deposits in banks and savings… Continue reading Are Credit Unions FDIC Insured?
When our Detroit and Romulus residents first learn about credit unions — often by visiting or joining Public Service Credit Union — there’s a strange sense of disbelief. How do credit unions work? We’ve already talked about what a credit union is and how easy it is to join a credit union, but that doesn’t… Continue reading How Do Credit Unions Work?
One of the most common questions we get at PSCU is whether our members can use any credit union ATM. While we would like to say “yes,” we’re afraid that we can only give you access to over 30,000 surcharge-free ATMs at 4,000 nationwide branches. We are confident that includes the vast majority of credit… Continue reading Can I Use Any Credit Union ATM?
Life in Detroit isn’t always cheap, and it’s important to be able to save wherever you can — and that includes your banking. Banks may hold your money and provide financial services to you, but at the end of the day, their goal is to make money for whoever owns them. If you already have… Continue reading Credit Unions vs. Banks in Detroit
Whether your old car has finally bit the dust and it’s time for a replacement or you’re simply looking to upgrade your Detroit drive, you’ve probably got a car loan on the mind. Did you know you can visit a credit union for a car loan? Not only does that mean a familiar face on… Continue reading Dealership Car Loans vs. Credit Union Car Loans
We’re sure every Michigan resident knows what a bank is, but how many of you have heard of credit unions? You might hear them talked about in the same sentences as banks, but credit unions have one very crucial difference: they’re owned by you. What is a credit union? It’s a not-for-profit financial institution owned… Continue reading What is a Credit Union?