P S E Credit Union Somerset NJ | Affordable Auto Loans & Business Banking

Introduction

Welcome to P S E, your trusted financial partner since 1958. Nestled in the heart of Somerset, NJ, at 472 Weston Canal Rd, we are dedicated to serving our community with integrity and care. With a proud membership of 1,279, we believe in putting people before profits, ensuring that your financial needs come first. At P S E, we manage over $11,486,943 in total assets, reflecting our commitment to stability and growth. Our members benefit from a wide range of services including personal banking, auto loans, mortgages, and credit cards with rewards. We understand that every member's financial journey is unique; that's why we offer tailored solutions to help you achieve your goals. While members can visit us at our branch for in-person assistance, official correspondence should be sent to our mailing address at 472 Weston Canal Rd, Somerset, NJ 08873. Under the leadership of our CEO, Jonathan Hallenbeck, and Board President, Frank Marrone, our team of dedicated employees three strong works tirelessly to ensure your experience with us is nothing short of exceptional. With a net worth of $1,802,854 and total deposits amounting to $1,110,708, we are not just another credit union; we are a community-focused organization that prioritizes member satisfaction and financial empowerment. Whether you're looking for competitive loan options or reliable savings accounts, we've got you covered. We invite you to explore all that P S E has to offer. For any questions or assistance, feel free to reach out at 732-764-3087. Together, let's pave the way for a brighter financial future! Visit us online at P S E Website.

Branch History & Mission

Community Commitment

Our commitment extends beyond mere banking services; it encompasses genuine support for the Somerset community. We regularly engage in outreach efforts aimed at enhancing the lives of those around us. This includes financial literacy programs that educate members about budgeting, saving, and investing wisely. As technology advances, we remain dedicated to ensuring that our services are accessible and user-friendly. We prioritize ADA compliance and work towards digital solutions that make banking easier for everyone.

Join Us

If you're looking for a credit union that values its members and community above all else, P S E is here for you. Join us today and experience firsthand how we can help you thrive financially while being an integral part of your community's growth. For more information or assistance, feel free to call us at 732-764-3087. Together, let's build a brighter financial future!

Our Journey

From our humble beginnings, P S E has grown significantly. Founded with the mission to provide accessible financial services to our members, we have continually adapted to meet their needs. Throughout the years, we have expanded our offerings to include personal banking services such as checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Each service is designed with you in mind our commitment is to help you achieve your financial goals. Our operating hours are designed for your convenience: we welcome members Monday through Friday from 6 a.m. to 7 p.m. While we currently do not offer ATM or drive-thru services, we ensure that all your banking needs can be met through our friendly staff during lobby hours.

Our Mission

At P S E, our mission is clear: we strive to empower our members through financial education and personalized service. We believe in making banking not just about transactions but about building relationships within our community. By supporting local initiatives and fostering partnerships, we contribute positively to the neighborhoods we serve. While members can visit us at 472 Weston Canal Rd for all their banking needs, official correspondence should be sent to the same address for consistency and ease.

Branch Location & Accessibility

Accessibility and Features

At P S E, we prioritize accessibility for all our members. Our branch features ramps and ADA-compliant facilities to ensure everyone can navigate comfortably. We also have ample parking available right outside for your convenience.

Connect With Us

If you have any questions or would like more information about our services, feel free to give us a call at 732-764-3087. We invite you to visit us soon and experience the friendly service that P S E is known for!

Operating Hours

We know that banking needs don't always fit into a traditional schedule. That's why we're open early from 6 a.m. to 7 p.m., Monday through Friday. Whether you're an early riser or prefer to stop by after work, we've got you covered!

Services Offered

Our branch offers a range of personal banking services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage options, we are dedicated to helping you achieve your financial goals. If you're interested in business banking services, we've got those too!

Member Eligibility

Becoming a member of P S E is like joining a close-knit family where everyone supports each other on their financial journeys. If you live, work, worship, or attend school in the community around our branch at 472 Weston Canal Rd Somerset Nj 08873, you're already eligible! We believe that everyone deserves access to friendly financial services tailored to their needs. As a member, you'll enjoy a range of benefits, from personalized banking solutions to competitive rates on loans and savings. Plus, joining us is simple! You can find all the details about eligibility and the easy account opening process by visiting our website at . If you have any questions or need assistance, don't hesitate to reach out at (732) 764-3087. We're here to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to loans, we offer merchant services designed to make everyday transactions smoother for your business. Picture this: You run a bustling café. With our payment processing solutions, you can easily accept credit cards and digital payments, ensuring a quick and efficient checkout experience for your customers. This not only enhances customer satisfaction but also helps increase sales. Located at 472 Weston Canal Rd Somerset Nj 08873 in Somerset, NJ, we are ready to partner with you on your journey to success. Contact us at (732) 764-3087 today to learn more about how we can support your business!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

If you're a business owner, we haven't forgotten about you! Our Business Banking services include Merchant Services & Business Loans, designed to support local businesses like yours. Whether you're looking to expand or simply need assistance with daily transactions, we've got the tools and resources to help your business thrive.

Connecting With Us

We invite you to visit us at 472 Weston Canal Rd Somerset Nj 08873, or give us a call at (732) 764-3087 if you have questions about any of our services or want more information on how we can assist you in achieving your financial dreams. At P S E, we're more than just a credit union; we're part of your community, committed to supporting you every step of the way. Explore all that we have to offer today!

Digital Convenience at Your Fingertips

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. Although we currently do not have ATM or drive-thru services at this location, our online capabilities ensure that accessing your funds is just a few clicks away.

Home Financing Options

Buying a home is one of the most significant decisions you'll make. That's where our Mortgage Loans & Refinancing services come into play. We guide you through the process, whether you're buying your first home or looking to refinance your current mortgage for better rates. Our team is here to simplify what can often feel overwhelming.

Personal Banking Solutions

Whether you're looking for a safe place to save or manage your everyday spending, our Personal Banking options are designed for your convenience. We offer Checking & Savings Accounts that come with easy access and no hidden fees, making it simple for you to manage your finances. If you're considering purchasing a new car or need financing for a vehicle, our Auto Loans & Vehicle Financing services provide competitive rates and flexible terms, ensuring that you can drive away in the car you desire without breaking the bank.

Personal Loans and Credit Solutions

For those times when unexpected expenses arise, our Personal Loans & Debt Consolidation options can help ease your financial burden. We work with you to find the best solution that fits your situation. Additionally, our Credit Cards with Rewards offer an excellent way to earn benefits on your everyday purchases while managing your credit wisely.

Digital & Online Banking

At P S E, we understand that managing your finances should be simple and secure, no matter where you are. Our digital and online banking services make it easy for you to keep track of your accounts and make transactions at your convenience. You can access your account anytime with our 24/7 online banking service. Just visit https://www.psecu.com/ to log in or sign up. Even without a mobile application, our website provides all the tools you need for real-time account management. Check balances, transfer funds, and pay bills all from the comfort of your home or on the go. While we currently do not offer features like electronic signatures or e-statements, rest assured that our platform prioritizes your security with robust measures in place to protect your personal information. Although mobile payments and person-to-person transfers are not available right now, we're committed to enhancing our services in the future. Our friendly team is here to help you navigate any questions you may have about using our digital banking tools. With straightforward access and a focus on security, managing your finances has never been easier. Explore what we offer today at https://www.psecu.com/ !

Financial Strength

Commitment to Members

With a total of 1,279 accounts held by our growing member base, it's clear that more individuals trust us with their finances every day. Our net shares available for lending stand at $0, highlighting our ability to support your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, P S E is your trusted partner. Visit us at 472 Weston Canal Rd Somerset Nj 08873 or call (732) 764-3087 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Financial Health Overview

With a net worth of $1,802,854, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,569 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Member-Centric Savings

Members' savings are secured through $0 in share certificates and $0 in money market shares, offering stable and rewarding financial growth opportunities. We prioritize our members over traditional banking practices; with non-member deposits at $0, our resources focus on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 0 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $1,802,854 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors, as evidenced by our $207 in used auto loans and $7,616,876 in total loans and leases.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $3,292,998 in used vehicle loans and $3,007,706 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates that can make purchasing your next vehicle more affordable.

Business Financing

For business owners, our outstanding commercial loans provide the capital needed to grow and expand. Although we currently do not have specific figures for outstanding commercial loans at this branch, we encourage entrepreneurs to inquire about potential financing options that could help elevate their businesses.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We strive to provide support through every step of the mortgage process, ensuring that you understand your options and find the right solution for your situation.

Refinancing Options

If you're considering refinancing any existing loans, our team is here to guide you through the process. We can help determine if refinancing makes sense for you based on current interest rates and your financial goals. At P S E, we believe in empowering our members with resources that promote financial wellness. If you're interested in learning more about any of our loan products or exploring eligibility options, don't hesitate to reach out! You can contact us at (732) 764-3087 or visit us at our location: 472 Weston Canal Rd Somerset Nj 08873 in Somerset, NJ. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're here to help you navigate your financial choices confidently!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. These cards come with competitive interest rates and no annual fees, allowing you to use credit when you need it without unnecessary costs.

Loan Aggregator

Benefits of Using LendMesh

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Call to Action

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Ensuring Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This adherence ensures that all offers presented on the platform are fair and transparent. By relying on verified data, users can trust that they are viewing accurate loan comparisons tailored to their needs.

P S E FEDERAL CREDIT UNION - Somerset, NJ