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Tips for managing
your finances

: ufaq
  • Is the credit union insured by the Federal Deposit Insurance Corp. (FDIC), like banks and thrifts?

    Unlike Banks and Trusts which are insured by the FDIC is centered around Banks and Trusts, credit unions are insured by the National Credit Union Administration (NCUA) instead. Both institutions insure accounts up to $250,000. The difference is that the NCUA covers regular shares and share draft accounts which are specific to credit unions and…

    Read more…: Is the credit union insured by the Federal Deposit Insurance Corp. (FDIC), like banks and thrifts?
  • How does a Home Equity Loan work?

    First, you’ll be approved for a total loan amount you can borrow. This loan is a one-time lump sum that comes with a fixed payment amount and number of payments over the term, making it easier to plan your monthly budget.    Related information It’s time to hit refresh on your kitchen, bathroom, or backyard…

    Read more…: How does a Home Equity Loan work?
  • What are the benefits of your Home Equity Line of Credit (HELOC)?

    Our Home Equity Line of Credit (HELOC) offers the following benefits: Please refer to the HELOC page for more information.

    Read more…: What are the benefits of your Home Equity Line of Credit (HELOC)?
  • What happens if I deposit a check and it bounces?

    Please contact the person or company that wrote the check to alert them of the issue. This issue typically occurs when the checking account from which the funds were being withdrawn does not contain sufficient funds to cover the check. Follow these guidelines to ensure that the checks you write always clear:  

    Read more…: What happens if I deposit a check and it bounces?
  • What types of Home Equity Loans do you offer?

    We offer two types of Home Equity Loans: Visit our Home Equity Loans page for more information.

    Read more…: What types of Home Equity Loans do you offer?
  • Do you offer safe deposit boxes?

    Yes! We do offer Safe Deposit Boxes. However, they are currently only available at our St. Vincent’s Branch location. For more information on pricing visit the Fee Schedule.   Related Information Not a member yet? Becoming a member is oh so easy! At Providence FCU, we exist to serve the needs of our members. Not…

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