About Us
PSE Credit Union believes in providing a pathway to your success. When you open an account at PSE Credit Union, you become much more than a customer - you become a lifetime member and partial owner. PSE Credit Union offers personal, professional and priced-right financial solutions for every stage of your life. Whether you’re opening your first savings account, buying a home or planning for your retirement... PSE Credit Union is here for you.
What is a Credit Union?
Credit Unions are not-for-profit cooperative financial institutions that are owned by their members and run by volunteer board members.
Credit unions offer better rates on loans and savings than most commercial banks, due to a credit unions' unique operation. While banks must make profits for their shareholders, credit unions exist only to serve members like you!
Credit unions exist solely for the purpose of meeting the financial needs of their member-owners. Credit unions are known for providing outstanding personal service. Members often earn higher returns on their savings while paying lower rates for loans. Each year, credit unions consistently outshine banks in the area of consumer/member satisfaction. Their non-profit status enables credit unions to operate at a lower cost than many for-profit institutions and helps them to offer competitive loan and savings rates.
2019 Board of Directors
Darlene DeMarco – Chairperson
Robert Vasil – Vice-Chairperson
Kenneth Noetzel – Treasurer
Robert Moulton – Secretary
Narkita Guzman - Director
Steve Kosmos – Director
Dr. Karen L. Neuman – Director
Steele Nowlin – Director
David Toetz – Director
Joseph C. Anderson – President/CEO, Assistant Treasurer
Audit Committee
William Bourquin — Chairperson
Steve Rebreca — Member
Thomas Scheiman — Member
Jeffrey Taylor — Member
PSE Timeline
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1955
The Beginning
PSE Credit Union was organized in 1955 as a state-chartered credit union by the Parma School Employees. It began with a mere 236 members and a little under $5,000 in assets. Over the years we have grown to include over 23,000 members and $100 million in assets. Our membership groups have also grown. We currently serve the staff and students of the Parma, North Royalton and Strongsville School Systems, the city workers in several surrounding cities (Parma, Parma Heights, Strongsville, Seven Hills and North Royalton) and the employees of over 200 other corporations/organizations. -
1971
Next Big Thing - 1971
Move to free standing building at 6208 Ridge Road in Parma.
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1986
The Merge - 1986
North Coast Credit Union (formerly Cuyahoga Community College Credit Union) merged in with PSE Credit Union.
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1987
The Main Office
Grand Opening of the newly built Main Office located at 5255 Regency Drive in Parma.
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1991
Janice L. Thomas
Janice L. Thomas named President/CEO.
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1995
St. Bridget’s Credit Union Merge
1995 — St. Bridget’s Credit Union merged in with PSE Credit Union. -
1996
40th Anniversary
1996 — Celebrated PSE Credit Unions 40th Anniversary! -
20002000 — Introduced Pennie the Puppy - the new kids club mascot.
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2002
Strongsville Office
2002 — Grand Opening of the newly built Strongsville Office located at 12700 Prospect Road.
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2003
Expansion Granted
2003 — Cuyahoga County Membership expansion granted. -
2005
50th Anniversary
2005 — Celebrated PSE Credit Unions 50th Anniversary! -
2006
The Merge
2006 — Brooklyn School Employees Credit Union merged in with PSE Credit Union. -
2009
Expansion Granted
2009 — Medina County Membership expansion granted. -
2011
Medina Office
2011 — Grand opening of the newly built Medina Office located at 3845 Pearl Road in Medina.
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2012
Strongsville is 10!
2012 — Celebrated Strongsville Office’s 10th Anniversary. -
2015
60th Anniversary
2015 — Celebrated PSE Credit Unions 60th Anniversary!
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2017
Janice L. Thomas Retired
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2017
Joseph C. Anderson named President/CEO
