How to build credit we can help.

Loans, credit cards, secured vs. unsecured Starting credit can feel daunting, but don’t worry—you’ve got this. Let’s simplify it so you can build your credit without stress.

Why credit matters… Your credit affects where you live, what you drive, and even some job opportunities. Think of it as your grown-up report card: the better it looks, the easier life gets.

First Things First: Direct Deposit Set up direct deposit to your Palmetto First checking or savings account. This improves your chances of loan approval and prepares you for automated payments when bills come due.

Secured Credit: Training Wheels If you’re new to credit, start with a secured card. You’ll put down a cash deposit, a hundred dollars for example, which becomes your credit limit. Use it, pay it off on time, and you’ll build a solid credit history.

Unsecured Credit: The Next Step Once you’ve proven you can handle secured credit, you can move to unsecured credit, which doesn’t require a deposit. These often offer better perks but require a good track record.

In a Nutshell:

Starting credit doesn’t have to be hard. With a secured card to start and a plan to graduate to unsecured credit, you’re on the path to financial freedom.

Credit Union vs. Bank What’s the Difference? Choosing where to bank matters. At Palmetto First Credit Union—“the perfect place for imperfect people”—we believe in helping you find the best fit.

Member-Owned vs. Shareholder-Owned Banks are for-profit, prioritizing shareholders. Credit unions like Palmetto First are member-owned, focusing on creating value for members rather than profits.

Rates, Fees, and Benefits Credit unions offer competitive loan rates, higher savings rates, and lower fees. Earnings are reinvested into better services for members.

Community-Centered Approach While banks operate nationwide, credit unions like Palmetto First are rooted in the community. We offer personalized guidance, financial education, and tailored products to help members thrive.

Which Fits You Best? If you value personal attention, competitive rates, and being more than an account number, a credit union like Palmetto First is your ideal partner.

APPLY for the Credit Builder program

We’re Here to Help At Palmetto First, we’re here to answer questions and guide you. With the right approach, you can confidently use checks, knowing your credit union has your back every step of the way.