Who is eligible to join the PSE Credit Union? Currently membership is open to the following
individuals - Anyone who lives, works, worships or attends
school inCuyahoga or Medina
County - Any employee or group member from
one of PSECU's 200 differentSelect
Employee
Groups.
- Any family member
living in the same household as a current PSECU member.
About
PSECU
When you open an account at PSE Credit Union, you become much more
than a customer - you become a lifetime member and partial owner.
PSECU offers personal, professional and priced-right financial
solutions for every stage of your life. Whether you’re
opening your first savings account, buying a home or planning for
your retirement... PSE Credit Union is here for you.
Our Misson Our Mission is to be the Primary Financial
Institution for our members by being Personal, Professional &
Priced Right.
PSE History PSE Credit Union was organized in 1955 as a state-chartered
credit union by the Parma School Employees. It began with a mere 236
members and a little under $5,000 in assets. Over the years we have
grown to include over 23,000 members and $100 million in assets. Our
membership groups have also grown. We currently serve the staff and
students of the Parma, North Royalton and Strongsville School Systems,
the city workers in several surrounding cities (Parma, Parma Heights,
Strongsville, Seven Hills and North Royalton) and the employees of
over 200 other corporations/organizations. More recently, PSE was
granted a membership expansion from the State of Ohio, Division of
Financial Institutions, which allows anyone who lives, works, worships
or attends school in Cuyahoga or Medina County to become a member of PSE Credit
Union.
What is a credit union?
Credit Unions are not-for-profit cooperative financial institutions
that are owned by their members and run by volunteer board
members.
Credit
unions offer better rates on loans and savings than most commercial
banks, due to a credit unions' unique operation. While banks must
make profits for their shareholders, credit unions exist only to serve
members like you!
Credit unions exist solely
for the purpose of meeting the financial needs of their member-owners.
Credit unions are known for providing outstanding personal service.
Members often earn higher returns on their savings while paying
lower rates for loans. Each year, credit unions consistently outshine
banks in the area of consumer/member satisfaction. Their non-profit
status enables credit unions to operate at a lower cost than many
for-profit institutions and helps them to offer competitive loan
and savings rates.
