topic Re: PSECU in General Credit Topics

PSECU

-Cain- — Sat, 07 May 2011 23:42:18 GMT

So I applied for PSECU today and got approved. I remembered reading something important to do posted by haulingthescoreup, but in my excitement I breezed right through it. Only after I had passed it did I remember what it was...write down my accout number. D'oh!

I called after they closed, so I guess I wait until Monday. However, I've read other posts here a few minutes ago that said CSRs won't give out an account # over the phone. Is that correct? If so, I guess I wait until I receive my stuff in the mail.

Re: PSECU

haulingthescoreup — Sun, 08 May 2011 06:09:53 GMT

lol, here's your chance to develop patience, grasshopper.

Anyway, congrats, and welcome to the PSECU family. Save everything that comes in the mail, don't freak out if they seem contradictory, and wait it out. If you get a letter saying that your app is cancelled due to not following up, you might call just to confirm that you're still in the running, but they seem to have a deeply conflicted e-mail system.

Re: PSECU

-Cain- — Mon, 09 May 2011 04:07:48 GMT

Hauling, when I applied, there was two options for the sig page. One was the Internet form and the other was a mailed form. I selected Internet/online or whatever and it gave me an option to print. I encountered trouble printing it, so it defaulted back to the form being mailed. Well, later I discovered I had saved the Internet form as a PDF and was able to print it out. Can I mail/fax that in, or do I need to wait for the forms PSECU will now mail? Hoping you can advise, if not I'll give them a call tomorrow. Thanks in advance.

Re: PSECU

visorboy1974 — Mon, 09 May 2011 15:19:06 GMT

@-Cain- wrote:
Hauling, when I applied, there was two options for the sig page. One was the Internet form and the other was a mailed form. I selected Internet/online or whatever and it gave me an option to print. I encountered trouble printing it, so it defaulted back to the form being mailed. Well, later I discovered I had saved the Internet form as a PDF and was able to print it out. Can I mail/fax that in, or do I need to wait for the forms PSECU will now mail? Hoping you can advise, if not I'll give them a call tomorrow. Thanks in advance.

You can mail it in, but you're likely to receive something from them asking if you forgot to send in your signed application and it'll have the same docs.

Re: PSECU

-Cain- — Mon, 09 May 2011 16:33:09 GMT

I called this morning, CSR in new accounts said I can fax it in and disregard the one that gets mailed. I've faxed it in, so let's see what's next.

Re: PSECU

haulingthescoreup — Mon, 09 May 2011 23:33:29 GMT

lol, good to have some redundancy.

That's exactly what happened to me --went for the print option, and couldn't do it.

Re: PSECU

-Cain- — Tue, 10 May 2011 05:32:17 GMT

Forgot to add, both ladies I spoke with today seemed very nice. I will update as I find out more. Thanks again both for the tips and for picking my spirits up after the mishaps Hauling! Lol.

Re: PSECU

-Cain- — Tue, 10 May 2011 20:10:35 GMT

The money for checking and savings has been deducted from my current bank by PSECU. Shall I take it I should be receiving my welcome package soon, or do they pull the money while still working on it?

Re: PSECU

haulingthescoreup — Tue, 10 May 2011 21:23:52 GMT

@-Cain- wrote:
The money for checking and savings has been deducted from my current bank by PSECU. Shall I take it I should be receiving my welcome package soon, or do they pull the money while still working on it?

You're in!

Re: PSECU

bichonmom — Tue, 10 May 2011 22:28:17 GMT

I hope it's okay for me to interject here. I searched PSECU on the forum and found this thread.

I read the OP said s/he was approved. I'm wondering what the application process is and how difficult is it to be approved? I've never heard to having to be approved for a bank account -- and even have a savings a/c at my local CU.

Do they do a hard hit on your CRAs? If so, do you know which ones they do? Is there a min FICO they're looking for? I'm just wondering what would prohibit you from opening an acct there.

Thanks so much!

Re: PSECU

-Cain- — Tue, 10 May 2011 22:59:33 GMT

Only thing that had me worried was me being from California and them being in Pennsylvania. I had read a thread where someone claimed they were grilled about where they had heard of them since they were a small CU and were getting apped from all over the US. I believe that was from when PSECU first may have come to the spotlight here and a lot of people apped. I have several bank accounts already, so I wasn't worried about being denied due to credit. They do do a hard pull, Experian, and the application is very simple. I've read where some are asked to fax in other documents such as ID and social, but I was not asked to so far, so they may have had something else up with their app.

Re: PSECU

bichonmom — Tue, 10 May 2011 23:07:25 GMT

Thank you! EX is the lowest of my scores and has the most inquiries, so I don't know if I should do this right now. But I'd REALLY like to know my REAL EX FICO, as opposed to their FAKO.

Do you know how often you can get your EX FICO for no charge with them? I looked at their website and it doesn't even mention it.

Also, just curious, what kind of plausible reason is there for opening an acct in another state if not for the EX repts? I gather from what you said, they wouldn't look too kindly on that and might not approve the app.

Thanks!

Re: PSECU

-Cain- — Wed, 11 May 2011 15:07:22 GMT

I work for a municipal Parks and Recreation department in my state, so I joined PRPS to show some support. Parks can always use extra funds. One of the benefits of being a friend of PRPS was the option to join this CU. It seems like a great CU.

Re: PSECU

haulingthescoreup — Wed, 11 May 2011 17:56:16 GMT

@bichonmom wrote:
I hope it's okay for me to interject here. I searched PSECU on the forum and found this thread.

I read the OP said s/he was approved. I'm wondering what the application process is and how difficult is it to be approved? I've never heard to having to be approved for a bank account -- and even have a savings a/c at my local CU.

Do they do a hard hit on your CRAs? If so, do you know which ones they do? Is there a min FICO they're looking for? I'm just wondering what would prohibit you from opening an acct there.

Thanks so much!

Here's some additional skinny:

Yes, you too can join PSECU and find out your EX FICO score!

Re: PSECU

bichonmom — Wed, 11 May 2011 19:42:57 GMT

Thank you, Hauling. Great info. I'll continue to read through the posts, but I was wondering if you might know since there are 34 pages of posts if anyone has determined any minimum requirements in terms of cr score. Unfortunately my EX score is the lowest due to 2 hard inquires from CAs and a collection I just DV'd last week. My EX FACO was 605 last week. I'd hate to get yet one more hard hit on my EX report only to be turned down for an account because my score is too low.

Thanks so much!

Re: PSECU

rae7285 — Fri, 13 May 2011 12:51:47 GMT

You get monthly FICO score updates thru PSECU. They always have the best rates for Loans, CC, etc. I believe you need a score of 600+ to be a member. My husband was denied his own account for years. Now he was finally approved. Credit gardening has it's rewards sometimes. )

Re: PSECU

-Cain- — Fri, 13 May 2011 18:48:12 GMT

Just got off the phone with PSECU, they have begun processing my application but I need to submit ID, copy of SSN, and POA. I will get that in ASAP and update. It should be all good.