PSE Credit Union, Inc.

Overview / Commentary
5255 Regency Dr
Parma, OH 44129

PSE Credit Union, Inc. is headquartered in Parma and is the 38th largest credit union in the state of Ohio. It is also the 1,186th largest credit union in the nation. It was established in 1955 and as of December of 2022, it had grown to 40 employees and 17,412 members at 3 locations. PSE Credit Union, Inc. has a B+ health rating.

Field of Membership Restrictions

PSE Credit Union Incorporated membership is open to those who live, work, worship, or attend school in the Ohio counties of Cuyahoga or Medina. Family members who live in the same household as a current PSECU member qualifies, as do employees/members of any of the more than 200 SEGs.
See current membership details

Reviews (2)

Great Credit Union

Posted by: |

This is by far the best credit union I worked with. Membership joining is painless, and they did honor the promotional CD rates for new account openings even after the rate has been dropped publicly. Their certificates features recurring pre-scheduled auto deposits after the certificate is open, a rare and extremely useful feature. Customer Service is great too.

My Experience With PSE Credit Union In Parma, Ohio

I started banking with PSE Credit Union several years ago. At the time, I had opened a total of 4 savings accounts, 1 for myself along with my 3 boys. So far I have had great experiences with their company. Every time I would go in there, I was immediately greeted by a friendly face, and felt at ease. There is never really a long line, and their overall customer service is exceptional. They make it a very simple process to deposit and withdraw money from your account, and never criticize you because of your lower balance, or ask you what you need the money for in general. If you have any questions, there is always someone there that is willing to assist you within minutes, and they are extremely helpful with solving your problem if any. I personally, have never truly had any problems with their facility, with the exception one year that I went in to withdraw a large amount of money during tax season, and was told that they don't have that much on hand to give me because they are a smaller branch. However, later on I came to find out that it wasn't just their bank, but pretty much every other one as well. All banks apparently have to order the funds and it can take up to a week, so there was no reason for me to get angry at them for their policies. Their rates are also excellent, when it comes to the interest that builds up on your account. I have yet to find another bank comparable to their current rates, and great customer service.


Health Grade Components

NCUA #96768
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD18.86%
Annual Interest Income$7.1MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$222.3MM$206.9MM
LoansQ4 2022vs Q4 2021$141.9MM$115.3MM
DepositsQ4 2022vs Q4 2021$205.4MM$188.8MM
Equity CapitalQ4 2022vs Q4 2021$14.0MM$16.5MM
Loan Loss AllowanceQ4 2022vs Q4 2021$323.00K$304.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$1.1MM$552.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0

Rates for PSE Credit Union, Inc. are currently being reviewed.


PSE Credit Union, Inc. Locations
Branch Office12700 Prospect RdStrongsville, OH 44149
Branch Office3845 Pearl RdMedina, OH 44256
Branch Office5255 Regency DrParma, OH 44129-5453

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