Home PBSFCU ( Phi Beta Sigma Federal Credit Union ) is a full-service financial services provider, serving Sigma's, Zeta's and their families internationally. While it is similar to a bank in terms of the services it provides, it is philosophically different in operation. Each dollar invested by members goes toward giving another member a reasonable loan rate. And in turn, investing members receive better rates and lower fees than they would otherwise get at typical banks and financial institutions. We call our customers 'members' because, in actuality, they all own a part of the credit union. Our members are shareholders of the credit union - they earn dividends on the money they invest in the company. The money invested is then used to finance loans to fellow shareholders. One person helping another. Many people find PBSFCU the only financial services provider they need. All PBSFCU accounts are insured to $100, 000 by the NCUA, the National Credit Union Administration. This insurance provides protection on member accounts much like banks have for their accounts. Insurance can be expanded to multiples of $100, 000 ( $200, 000, etc. ) by careful titling of accounts. Our exceptional staff is dedicated to helping our membership. That personal commitment is what sets PBSFCU apart from the banks and other financial service companies. At a time when service levels seem to be at a frustratingly all-time low, PBSFCU scored extremely high in customer satisfaction surveys.