# Public Service Credit Union

> **Canonical URL:** https://saferate.com/lenders/public-service-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Public Service Credit Union is a credit union, headquartered in Romulus, MI, serving borrowers across 3 states, with 25 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 75% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900MCB5QTUWUWQ396
- **Headquarters:** Romulus, MI
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** FL, GA, MI
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 25/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.041%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,771
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 25
- **Dollar Volume:** $7 million
- **Applications Received:** 56
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $286,200
- **Average Borrower Income:** $118,200
- **Average Property Value:** $351,800

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 17/100 | 24 | -0.020% | $1,621 | Mediocre 😐 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 20 loans, Score: 18/100 (Mediocre)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 20/100 | 20 | $5M | +0.026% | Mediocre 😐 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 23 | 0.02% | 56/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Detroit | MI | 13 | 55/100 |

## Frequently Asked Questions

### What loan types does Public Service Credit Union offer?

Public Service Credit Union offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Public Service Credit Union offer mortgages?

Public Service Credit Union offers mortgages in 3 states: FL, GA, MI.

### How competitive are Public Service Credit Union's mortgage rates?

Public Service Credit Union has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.041% below market average.

### What type of lender is Public Service Credit Union?

Public Service Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Romulus, MI.

### What is Public Service Credit Union's loan approval success rate?

Public Service Credit Union has a pull-through score of 25/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/public-service-credit-union

### How to Cite

> "Public Service Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/public-service-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/public-service-credit-union)**