If you have a checking account or savings account, you’ve probably wondered, “How much cash should I keep in the bank?” The answer changes depending on who you ask. While there’s no amount that’s universally agreed upon, there are different savings formulas you can adopt into your monthly budget. If you haven’t done so already,… Continue reading How Much Cash Should I Keep in the Bank?
Whether you’re visiting a brick and mortar bank or credit union in Detroit or checking your account online, there’s always a level of risk involved. As more people take advantage of the convenience of online banking, online threats and attacks become more common. Fortunately, there are ways to protect your savings and checking account; some… Continue reading 5 Tips for Safer Online Banking
If you enjoy saving time and money, online banking is a no-brainer. Assuming you’re following online banking safety tips, managing your finances online is quick and easy. And it’s not just banks that offer this handy service! Credit unions often provide both online and in-person services. When you join a credit union, you can receive… Continue reading Why Consider Online Banking?
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?