You do. All those who have an account The ProMedica Federal Credit Union are co-owners. The credit union is a non-profit cooperative, private, full service bank. It is not a part of the ProMedica Health System but is dedicated exclusively to those associated with PHS and their immediate families. Once you are a member, you are a member for life, even if you leave the ProMedica Health System
In 1973 a group of Toledo Hospital employees started their credit union. Today your credit union has $40 in assets and over 6000 members. Its success rests with its mission of building valued member relationships by offering convenient, personalized banking solutions.
Why Do People Join ProMedica Federal Credit Union?
Leading financial advisors on television and print media are advising people to transfer their money for the big banks to their credit union because of the money they will save in better rates and low fees.
When the big banks make a profit they must pay dividends to their outside stock holders. At the credit union, you are the stockholder, and the profit made by the credit union is given back to you in the form of great rates and no fees. For example, loans with your credit union, there is no origination fee, no annual fee, and no pre-payment fee.
There are over 120 ATMs in our area that are totally free.
Why Do Member Stay at ProMedica Federal Credit Union?
When you ask a member why they do their banking at the credit union, they might mention better rates and no fees, but they almost always mention the relationship. The only reason ProMedica Federal Credit Union exists is to serve those who are associated with PHS. Surveys of members reveals that they appreciated the individual attention and
personal service they receive. It is your private bank.
ProMedica Federal Credit Union
From its modest beginning in 1973 your credit union has grown to over $28 million in assets offering full service banking to over 6000 members. Your credit union succeeds through its mission of building valued member relationships by delivering convenient, personalized banking solutions.
C.P.R.
Convenience, Personal Service, Rates
Convenience
- 3 branches (TTH/TCH, Flower Hospital, main office)
- Extended lobby and drive-thru hours on Fridays
- Free online banking
- Free online bill pay
- 24 hour telephone banking
- Over 100 ATMs in area, totally free
- Nationwide ATM network, totally free
- Free electronic bill payments
- Amusement Park discounts
- Movie discounts
- Forms available on the web site
- Fast loan approval
- Easy enrollment
Personal Service
- Chartered Financial Consultant
- Free notary service
- Overdraft protection from savings
- Courtesy Pay overdraft protection
- Credit Life and Disability Insurance
- Counseling on auto purchases
- Free blue book quotes
- Skip-A-Loan payment program
Rates
The profit made by the credit union is given back to the members in the form of :
- Lower rates on loans
- Higher savings interest
- Minimum fees
Your Suggestions & Comments
ProMedica Federal Credit Union strives to exceed your expectations. Please give us feedback on the services we offer and suggestions for additional services you would like. If you feel that any of the credit union employees have given you exceptional service, we would appreciate hearing about that too. Call or go online, 419-479-4040 or www.promedicafcu.com.
