BUSINESS BANKING
Solutions Built for Michigan Businesses
Public Service Credit Union provides business banking for Michigan businesses, including business checking and savings accounts, money market accounts and certificates of deposit, commercial loans for equipment, real estate and working capital, and business services covering payments, cash management, payroll and merchant processing. Lending decisions are made locally by a team based in Metro Detroit. Business accounts and loans are subject to eligibility, credit approval and program requirements.
Whether you’re just getting started or scaling up, we make it easy to manage cash flow, access financing, and keep operations running smoothly with a team that knows your community.
Ready to move forward?
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We invite you to call us to schedule an appointment or
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Visit one of our branch locations.
We look forward to assisting you in this important step for your business!
Supporting Your Business, Your Way
Frequently Asked Questions
Does Public Service Credit Union offer business banking?
Yes. PSCU offers business banking for Michigan businesses, including business checking and savings accounts, money market accounts, certificates of deposit, commercial loans and business services.
What business accounts does PSCU offer?
PSCU offers business checking accounts, business savings accounts, business money market accounts and business certificates of deposit, designed to help businesses manage day-to-day cash flow and set money aside for planned expenses.
What types of commercial loans does PSCU offer?
PSCU offers commercial financing for business growth, equipment purchases, commercial real estate and working capital. Commercial loans are subject to credit approval and program requirements.
Can a credit union finance commercial real estate?
Yes. PSCU offers commercial lending that includes real estate financing for eligible Michigan businesses, with lending decisions made locally rather than by an out-of-state underwriting team.
What business services does PSCU provide?
PSCU business services include payment processing, cash management tools, payroll processing, HR compliance and support tools, benefits administration, and time and attendance tracking.
Who can open a business account at PSCU?
Michigan businesses whose owners meet PSCU membership eligibility can open a business account. Membership is open to anyone who lives, works, worships, or attends school in Michigan.
What do I need to open a business account at PSCU?
Requirements depend on how the business is structured. PSCU publishes a Business Account Checklist covering the documentation needed for each business type, and the business team can confirm what applies to a specific business before the appointment.
Can I open a business account online?
Business accounts are opened by appointment. Businesses can call PSCU to schedule an appointment or visit a branch location, and a team member will confirm the documentation required.
Does PSCU offer business credit cards?
Yes. PSCU offers business credit cards with cashback and travel rewards options, subject to credit approval and program requirements.
Why choose a credit union for business banking?
A credit union is owned by its members rather than outside shareholders, and returns earnings to members through account and loan terms. For a business, that often means local decision-making, direct access to the lending team and terms set by an institution based in the same market.
About Public Service Credit Union
Public Service Credit Union has served Michigan since 1951 and is a member-owned, not-for-profit financial cooperative headquartered in Romulus, Michigan, with 11 branches across Metro Detroit. Commercial lending decisions are made locally, by a team that works with businesses in the communities PSCU serves.
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U.S. Government agency. Equal Housing Opportunity.