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Latest Articles from People Driven Credit Union

Explore practical financial tips, People Driven Credit Union updates, security information, community news, and guidance to help you make informed decisions about your money.

Back-to-School Loan Special graphic.

Get Up to $2,000 With PDCU’s 2026 Back-to-School Cash Loan

The 2026 Back-to-School Cash Loan from People Driven Credit Union gives eligible members access to $500 to $2,000 for school supplies, clothing, technology, tuition, and other seasonal expenses. The special is available from August 4 through September 30, 2026. Back-to-school costs can add up quickly. Whether you are preparing your children for a new school year, sending a student to ...

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Graphic: Bank vs. Credit Union: What Is the Difference?

Bank vs. Credit Union: What Is the Difference?

When comparing a bank vs. credit union, the biggest difference is ownership. Banks serve customers and may be owned by private investors or shareholders. Credit unions are not-for-profit financial cooperatives owned by their members. Both can offer checking accounts, savings accounts, loans, credit cards, digital banking, and other financial services. The right choice depends on the products, rates, service, access, ...

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Graphic: The Rule of 72.

The Rule of 72

How long will it take your money to double? You do not need a financial calculator to get a quick estimate. The Rule of 72 is a simple formula that shows how time and compound growth can work together. How Long Will It Take Your Money to Double? The calculation takes only a few seconds. Divide 72 by the annual ...

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Graphic: What Is a Community Credit Union?

What Is a Community Credit Union?

A community credit union is a member-owned financial cooperative that serves people connected by an approved field of membership. That field may include a geographic area, employers, organizations, family relationships, or a combination of eligible groups. People Driven Credit Union serves eligible members across Michigan. Members can use local branches and support, while also managing accounts through digital banking and ...

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Graphic: What Is Shared Branching and How Does It Work?

What Is Shared Branching and How Does It Work?

Credit union shared branching gives you access to in-person services when you are far from your credit union’s locations. Through a participating network, eligible members may visit another credit union and complete certain transactions as if they were at their home branch. For People Driven Credit Union members, shared branching adds another way to manage money while traveling, attending school, working ...

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