Thirty-four years ago a group of Toledo Hospital employees started their credit union. Today, it is still owned by its shareholders, others like you who have a credit union account. Membership remains exclusive to those affiliated with the ProMedica Health System and their immediate families. Membership is forever, even if you leave the PHS system.

How Does Your Credit Union Save You Money?

As a non-profit cooperative, the profit which the credit union makes is given back to the member-owners in the form of lower rates on loans, higher savings' rates, and minimum fees. The fees charged by most financial institutions are never charged at your credit union. For example, on home equity loans, your credit union charges no origination fee, no annual fee, and no pre-payment fees. There are over 100 ATMs in our area with no fee.
There are no checking fees or debit card fees.

Your Credit Union in 2012?

You own the credit union. What do you want your credit union to look like in the year 2012? Like all financial institutions, your credit union must continue to grow in order to remain competitive with technology and services. You can help your credit union grow by encouraging others to take advantage of the credit union difference.

Why Do People Join the Credit Union?

Why did you? The magazine "Consumer Reports" says it is the best financial decision you can make because of the money you will save (March 2007, May 2005). Research shows that most people join because an existing member told them about the benefits of the credit union and encouraged them to join. Your credit union needs you to continue to encourage others to switch their banking to your credit union.

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.