Public Service Credit Union Redford MI | Affordable Auto Loans & Business Banking

Introduction

At Public Service, we understand that financial journeys are not just about numbers they're about people and communities. Located at 26838 Plymouth Rd, Redford, MI 48239, our Redford Branch is committed to providing personalized service and trustworthy financial solutions to over 32,500 members. Since opening our doors in 1951, we have grown alongside our community, amassing total assets of $417,741,926 and ensuring that your financial needs are met with care and attention. While you can visit us at our branch for all your banking needs, official correspondence should be sent to our mailing address: 7665 Merriman Rd, Romulus, MI 48174. Our dedicated team of 128 employees, led by CEO Dean Trudeau and Board President Fred Morgan, works tirelessly to offer services that cater to both personal and business banking. With over 15,042 loans issued and total deposits reaching $11,835,889, we strive to empower our members with the resources they need to thrive financially. From checking accounts to auto loans and business financing options, we provide a full range of services tailored just for you. Our commitment goes beyond transactions; it's about building lasting relationships within the community we serve. We invite you to come in or call us at 734-641-8400 during our convenient 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. Explore how we can help you achieve your financial goals. Visit us today or check out our website at www.pscunow.com for more information!

Branch History & Mission

Welcome to the story of Public Service, a credit union that has been a cornerstone of the Redford community since it first opened its doors in 1951. Located at 26838 Plymouth Rd, Redford, MI 48239, our branch has seen significant growth and change over the decades while staying true to its mission of serving the financial needs of our members. From humble beginnings, Public Service has grown into a trusted financial institution with over 32,500 members and total assets reaching an impressive $417,741,926. Our commitment to providing accessible and affordable financial services has allowed us to thrive in a competitive landscape. We take pride in our ability to offer personalized banking experiences that cater to the unique needs of each member. Our mission is simple yet profound: we aim to empower our members through comprehensive financial services while fostering community support and engagement. This mission drives everything we do, from offering personal banking options like checking and savings accounts to financing solutions for auto loans and mortgages. We are dedicated not just to the numbers but also to making a positive impact in the lives of those we serve. While members can visit us at our branch location, official correspondence should be sent to our mailing address at 7665 Merriman Rd, Romulus, MI 48174. This dual approach ensures that we remain connected with our community while providing efficient service. At Public Service, we understand that convenience matters. That's why we offer features such as drive-thru banking and ATM availability for quick access to funds. Our operating hours are designed with your schedule in mind: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. In addition to traditional banking services, we've embraced digital advancements that allow our members to manage their finances on their own terms whether through online banking or mobile applications. We prioritize accessibility and customer satisfaction by ensuring our facilities are ADA compliant and continually seeking ways to enhance the member experience. As we reflect on our history, we also look forward with optimism. Our partnerships with local organizations underscore our dedication to community outreach efforts, allowing us to support initiatives that uplift and inspire those around us. Join us at Public Service and become part of a legacy committed not only to financial success but also to enriching lives within Redford and beyond. Experience firsthand how being a member means more than just banking it means being part of a caring community. For inquiries or assistance, don't hesitate to reach out at 734-641-8400. Your journey towards better financial health starts here!

Branch Location & Accessibility

A Range of Services at Your Fingertips

At Public Service Credit Union's Redford Branch, we offer a variety of personal banking services tailored just for you! From checking and savings accounts to auto loans and mortgages, we've got everything you need under one roof. Additionally, members can benefit from shared service transactions if they belong to partner credit unions making it even easier for everyone in our community. Ready to experience exceptional service? Don't hesitate to give us a call at 734-641-8400 or drop by today! We look forward to welcoming you into the Public Service family and helping you achieve your financial goals.

Convenient Access and Amenities

Getting to our Redford Branch is simple! We offer ample parking for your convenience. For those who may need assistance, our location is ADA-compliant with features like ramps to ensure everyone can enjoy easy access. When you arrive, you'll find friendly staff ready to help with all your banking needs. Plus, we're proud to provide both ATM availability and drive-thru banking options for quick and easy transactions. This means you can deposit checks, withdraw cash, or take care of simple banking tasks without leaving your car!

Operating Hours Tailored for You

We understand that life can be busy. That's why our branch hours are designed with your schedule in mind. We're open 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're stopping by during your lunch break or looking to manage your finances on the weekend, we're here for you.

Member Eligibility

Joining the Public Service community is like becoming part of a family that truly cares about your financial well-being. At our branch located at 26838 Plymouth Rd, Redford, MI 48239, we welcome anyone who shares our commitment to community service and helping each other thrive. Whether you work for a public service organization or simply live in our area, you might already be eligible to become a member! To learn more about the specific eligibility criteria, feel free to check out this resource: . Becoming a member of Public Service brings with it numerous advantages, including access to personalized banking solutions designed just for you. The process is straightforward and welcoming; all you need to do is reach out to us at 734-641-8400 or visit us in person during our operating hours. We're here to help you navigate the easy account opening process so you can start enjoying the benefits of membership right away. Join us today and take the first step toward a brighter financial future!

Business Banking & Commercial Services

Commercial Loan Options

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

Our merchant services provide practical solutions to help streamline your operations. Imagine running a retail shop where customers can easily make payments through various methods credit cards, mobile wallets, or even online transactions. Our services ensure that you can focus on what matters most: serving your customers and growing your business. Located at 26838 Plymouth Rd Redford Mi 48239 in Redford, MI, we're here to partner with you on your journey toward success. For more information or to explore how we can assist your business, call us at (734) 641-8400. Let's work together to turn your vision into reality!

Comprehensive List Of Services

Accessibility

We understand that accessing your money easily is important. Our branch features an ATM along with cash withdrawal services to ensure you can get the cash you need anytime. At Public Service, we strive to make banking as straightforward as possible for everyone in our community. With friendly staff ready to assist you, convenient digital banking tools at your fingertips, and a comprehensive list of financial products tailored just for you, it's never been easier to achieve your financial goals. If you're ready to explore how we can help you today or have any questions about our services, don't hesitate to reach out! Call us at (734) 641-8400 or visit us at 26838 Plymouth Rd Redford Mi 48239 during our operating hours: M-TH 9 AM - 5 PM, FRI 9 AM - 6 PM, SAT 9 AM - 1 PM. We look forward to serving you!

Business Banking

For our business members, we provide essential banking services that include merchant services and business loans. These tools can help your business thrive by simplifying transactions and ensuring you have access to necessary funds when opportunities arise.

Digital Banking

In today's fast-paced world, convenience is key. That's why at Redford Branch, we offer robust online and mobile banking services. Check your account balances, transfer money, or pay bills right from your phone or computer. Our ATM services allow for easy cash withdrawals and balance checks without needing to visit the branch.

Drive-Thru Services

For those who prefer face-to-face interactions but are short on time, our basic drive-thru banking services are available for deposits, withdrawals, and other simple transactions. You'll also find basic shared branch transactions for partner credit union members so that you can manage your finances wherever you are.

Loans and Credit

Sometimes life throws unexpected expenses your way. That's where our personal loans come in handy. If you're looking to consolidate debt or fund a special project, we're here to support you with flexible options. Plus, our credit cards come with rewards that make every purchase more beneficial.

Personal Banking

Our personal banking services include checking and savings accounts designed to fit your lifestyle. Whether you're saving for a dream vacation or managing daily expenses, we have options that will work for you. Need a new car? With our auto loans and vehicle financing, purchasing your next ride can be simple and affordable. We also offer mortgage loans and refinancing solutions, helping you find the perfect home while keeping your budget intact.

Digital & Online Banking

Easy Access Anytime

With our online banking services, accessible through https://www.canvas.org/, you can check your balance, transfer funds, and pay bills with just a few clicks. Plus, our mobile application makes it even easier to manage your accounts from anywhere. You can also take advantage of person-to-person transfers, allowing you to send money to friends and family quickly and safely.

Go Green with E-Statements

Say goodbye to paper clutter! With e-statements available at Public Service, you can receive your account statements electronically. This not only helps the environment but also keeps your financial information secure and easily accessible.

Secure and User-Friendly Features

We prioritize your security. With electronic signature authorization available, signing documents online is simple and safe. And if you're looking for a hassle-free way to make payments, our mobile payments feature allows you to make purchases directly from your phone. Whether you're checking your balance or making a transfer, all these features are designed to give you real-time access to your finances while ensuring top-notch security. At Public Service, we strive to provide an enjoyable banking experience that fits seamlessly into your busy lifestyle.

Financial Strength

Community Trust

Total Share Accounts stand at 76,058, showing a strong and growing member base that trusts us with their finances. Our Net Shares (Funds available for lending and investments) amount to $58,682, further affirming our capacity to support you financially. 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 26838 Plymouth Rd Redford Mi 48239 or call (734) 641-8400 to learn more about how we can help you achieve your financial goals.

Lending Capacity

We proudly offer $5,097 in used auto loans and $278,169,888 in total loans and leases, supporting members' financial goals across various sectors. Our lending capacity is designed to meet your diverse needs, whether you're purchasing a vehicle or planning for other significant life events. Our operational efficiency is reflected in our $3,200,166, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 114 full-time employees and 14 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Member-Focused Savings

Members' savings are secured through $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 for Growth

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. This reinvestment strategy allows us to improve our services continuously.

Strong Financial Position

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. This robust net worth reflects our commitment to prudent financial management and responsible lending practices. 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. This ratio is crucial as it shows our ability to absorb losses while continuing to serve our members effectively.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $85,718,232 in used vehicle loans and $28,625,720 in new vehicle loans already helping members get on the road. Whether you prefer a brand-new model or a reliable used vehicle, we're here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $47,354,727 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges, and we're here to support your entrepreneurial journey. At Public Service, we're committed to transparency and accessibility in all our lending practices. 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 interested in any of our loan products or want more information about refinancing options or eligibility criteria, don't hesitate to reach out! You can contact us at (734) 641-8400 or visit us at our branch located at 26838 Plymouth Rd Redford Mi 48239 in Redford, MI. Let us help you navigate your financial journey today!

Credit Lines and Unsecured Loans

In addition to auto and mortgage loans, we offer various credit line options totaling $108,800,000 for those who need extra flexibility. If you're looking for ways to manage unexpected expenses or consolidate debt, our unsecured credit card loans can be an effective solution. With a total of $0 in unsecured credit card loans available, we aim to help our members handle their finances more effectively.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $36,908,769, make buying or refinancing simple. We believe everyone should have access to affordable housing solutions, and our team is dedicated to guiding you through the mortgage process.

Loan Aggregator

Benefits of Using LendMesh

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Public Service