Public Service Credit Union Detroit MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Public Service, your trusted financial partner located at 14481 Gratiot Ave, Detroit, MI 48205. Since our establishment in 1951, we have dedicated ourselves to serving the community with a wide range of financial products tailored to meet your needs. With over 32,500 members and $417,741,926 in total assets, we are proud to be a cornerstone of financial support in the Detroit area. At Public Service, we understand that banking is about more than just numbers; it's about building relationships and supporting our members through every stage of their financial journey. Our commitment is reflected in our total deposits of $11,835,889 and an impressive net worth of $50,226,141. Whether you're looking for personal banking solutions like checking and savings accounts or exploring options for auto loans and mortgages, we've got you covered. Our leadership team, led by CEO Dean Trudeau and Board President Fred Morgan, is passionate about fostering a welcoming environment where every member feels valued. We employ 128 dedicated professionals who are ready to assist you with a smile whether it's over the phone at 734-641-8400 or in-person during our convenient hours from Monday to Saturday. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 14481 Gratiot Ave, Detroit, MI 48205. We also provide easy access to online services through our website here, making it simpler than ever to manage your finances on-the-go. Join us today and discover how Public Service can help you achieve your financial goals! Whether you're saving for a new car or planning for retirement, let us be part of your journey. Come visit us or give us a call we're here for you!

Branch History & Mission

Welcome to the heart of Detroit at Public Service, where our story began in 1951. Since opening our doors at 14481 Gratiot Ave, we have been dedicated to serving our community with passion and commitment. Our location is easily accessible, nestled in a vibrant area that reflects the spirit of Detroit. Over the years, Public Service has grown significantly, now boasting a total membership of over 32,500 members and assets reaching an impressive $417,741,926. This growth is a testament to our unwavering focus on providing exceptional financial services while nurturing relationships within the community. Our mission is simple yet powerful: to empower individuals and families by offering accessible financial solutions that enhance their lives. We believe in the importance of supporting not only our members but also the wider community. Whether it's through personalized banking services or community outreach initiatives, we strive to make a positive impact every day. While you can visit us at our branch address for all your banking needs, official correspondence should be sent to our mailing address at 14481 Gratiot Ave, Detroit, MI 48205. We understand that convenience matters; that's why we offer ATM services for easy cash access and shared service center availability for members from partner credit unions. At Public Service, we're proud to embrace modern technology while ensuring accessibility for all members. Our digital banking options include online and mobile banking, making it easier than ever to manage finances from anywhere. We invite you to join us on this journey of growth and community support. Experience firsthand how Public Service can help you achieve your financial goals while being part of a caring and committed family. Let's build a brighter future together! For more information or assistance, feel free to reach out at 734-641-8400 during our operating hours: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM.

Branch Location & Accessibility

Accessibility Features

At Public Service, we prioritize accessibility for all our members. Our branch is fully ADA compliant, featuring ramps and designated parking spaces to ensure everyone can visit us comfortably. We offer ample parking right outside the entrance, making it simple for you to pop in and take care of your banking tasks without hassle.

Call to Action

We invite you to drop by the Public Service branch today! Experience firsthand how we can assist you with all your banking needs. Our dedicated staff looks forward to welcoming you!

Operating Hours

We understand that life can get busy, so we've tailored our operating hours to fit your schedule. You can visit us Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Whether you need assistance with personal banking or are interested in our loan options, our friendly team is here to help during these hours.

Services Offered

At our branch, you'll find a range of services designed to meet your financial needs. From checking and savings accounts to auto loans and mortgages, we have everything covered. For added convenience, we also provide ATM access for cash withdrawals and balance inquiries. While members can visit us at 14481 Gratiot Ave, official correspondence should be sent to the same address as our mailing address is identical. If you have any questions or would like more information about our services, feel free to give us a call at 734-641-8400.

Member Eligibility

At Public Service, we believe that becoming a member is like joining a close-knit community where your financial well-being is our top priority. If you live, work, or worship in the Detroit area, you're likely eligible to join us! We welcome individuals from various backgrounds, and whether you're looking for personal banking solutions or business services, you'll find a supportive environment here. To learn more about our specific eligibility criteria, feel free to visit our website at . Opening an account with us is straightforward and welcoming. Our friendly team is ready to assist you through the process, ensuring it feels easy and inclusive. If you have any questions or need assistance, don't hesitate to reach out at (734) 641-8400. Join us at Public Service, located at 14481 Gratiot Ave Detroit Mi 48205, and start enjoying the benefits of membership today!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $144 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $29 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $47,354,727, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Tailored for You

Imagine having a payment system that fits seamlessly into your daily operations. Our merchant services allow you to accept payments easily and securely, making transactions smooth for both you and your customers. Whether you're at a physical location or online, our solutions help streamline your sales process so you can focus on what you do best running your business. Visit us at 14481 Gratiot Ave Detroit Mi 48205 in Detroit, MI, or call us at (734) 641-8400 to learn more about how we can assist in taking your business to the next level!

Comprehensive List Of Services

Business Banking Solutions

For our business members, we provide essential services like merchant services and business loans that help keep your operations running smoothly. We know how important it is for businesses to have reliable financial support, so our team is here to assist with whatever you need.

Easy Access & Convenience

Accessing your funds has never been easier! With our ATM services, you can withdraw cash or check balances without stepping into the branch. Plus, as part of our shared service network, members can perform basic transactions like deposits and withdrawals at partner credit unions making banking convenient no matter where you are.

Home Financing

Buying a home is one of the biggest decisions you'll make in life. That's why we offer mortgage loans and refinancing options tailored to fit your budget. Our mortgage specialists will work closely with you to find a solution that suits your financial situation. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, we make the process straightforward.

Loans for Every Need

Sometimes life throws unexpected challenges your way. With our personal loans and debt consolidation services, you can tackle those challenges head-on. We understand that everyone has different needs, which is why our loan products are designed with flexibility in mind.

Online & Mobile Banking

In today's fast-paced world, having control over your finances anytime is crucial. That's why we offer robust online and mobile banking options that allow you to manage your accounts at your fingertips. From making payments to transferring funds between accounts, everything is just a click away. We invite you to visit us at Public Service on the Detroit Eastside or call us at 734-641-8400 to learn more about how we can serve you better. Let us help you achieve your financial goals today!

Personal Banking

Our personal banking services include checking and savings accounts that offer convenience and flexibility. Imagine managing your finances effortlessly with online and mobile banking features that let you track your spending and savings from anywhere. Need a car? Our auto loans and vehicle financing options can help get you on the road quickly, ensuring you have access to reliable transportation without breaking the bank.

Digital & Online Banking

At Public Service, we understand that convenience and security are essential for managing your finances. That's why we offer a suite of digital and online banking services designed to make your banking experience as easy and secure as possible. Whether you're at home or on the go, accessing your accounts has never been simpler. With our online banking platform available at https://www.canvas.org/, you can manage your accounts anytime, anywhere. You'll enjoy features like electronic statements, which help you stay organized while being eco-friendly. Plus, our system allows for electronic signature authorization, making transactions faster and more secure. If you prefer to bank from your mobile device, our mobile application provides you with all the tools you need right at your fingertips. You can easily make person-to-person transfers, pay bills, and even utilize mobile payment options so you can leave your wallet at home! Our app is user-friendly, ensuring that even those who aren't tech-savvy can navigate it with ease. We pride ourselves on offering 24/7 online banking services so that you have access to your account whenever you need it. This means real-time account management at your convenience, whether it's checking balances or transferring funds. Additionally, our commitment to security ensures that your personal information remains safe while you enjoy these services. In summary, Public Service is here to support your financial needs through our comprehensive digital banking offerings. Join us today and experience the modern way to manage your money!

Financial Strength

A Growing Community

The trust of our community is reflected in the number of accounts we manage totaling 76,058 share and deposit accounts. This shows a strong and growing member base that relies on us for their financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Public Service is your trusted partner. Visit us at 14481 Gratiot Ave Detroit Mi 48205 or call (734) 641-8400 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are secure with us. We hold $95,692,514 in share certificates and $44,687,116 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $13,334,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Reinvestment in Community

With $40,418,274 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our $3,200,166 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members.

Solid Financial Health

With a net worth of $50,226,141, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,202 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Support for Your Financial Goals

Our commitment extends to our lending capacity as well. With $5,097 in used auto loans and $278,169,888 in total loans and leases, we support members' financial goals across various sectors. We take pride in having 114 full-time employees and 14 part-time employees who are always ready to assist you with a knowledgeable and dedicated team.

Loan Offering

Additional Financing Options

For business owners looking for funding opportunities, our outstanding commercial loans totaling $47,354,727 provide the capital needed to grow and expand. Additionally, we offer total credit lines amounting to $108,800,000, which can be essential for managing cash flow and unforeseen expenses. We invite you to explore our refinancing options as well. We strive to ensure that all members have access to favorable terms that fit their financial situations. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. If you're ready to take the next step or want more information about any of these offerings, please don't hesitate to contact us or visit our branch. We're here to help!

Auto Loans

Whether you're buying new or used, our auto loan options are designed to suit every budget. For those interested in purchasing a new vehicle, we provide financing solutions starting at $28,625,720. If you prefer a pre-owned option, our used vehicle loans totaling $85,718,232 are here to help you find just what you need.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. With Junior Lien 1-4 Family Residential Properties loans totaling $36,908,769, we aim to support your journey toward owning a home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans to help members manage their finances effectively. While currently there are no unsecured credit card loans issued yet, we plan to roll out attractive options soon.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing its data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to transparency means users receive fair and trustworthy offers based on the latest results (Source: https://www.ncua.gov). By working exclusively with verified financial institutions, LendMesh gives users peace of mind knowing that their loan options are legitimate.

Benefits of Using LendMesh

- Verified Data: Loan offers come from reputable financial institutions, ensuring transparency and reliability in the information provided. - No Sponsored Listings: Unlike other comparison tools that may prioritize lenders based on paid promotions, LendMesh focuses solely on delivering unbiased results to users. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, empowering them to make informed decisions that suit their financial needs. Thousands of users trust LendMesh for loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Testimonials like this highlight the effectiveness of LendMesh in helping individuals secure better financing options. Take control of your borrowing decisions today. Compare real-time loan offers at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

Public Service