Welcome to the One Detroit Credit Union press room. For over 90 years, we’ve been more than just a financial institution—we’ve been a partner in the economic empowerment of our community. Explore our latest news, partnership announcements, and stories of impact as we work to build a more inclusive financial future for all Detroiters.
Michigan Saves today announced a new partnership with One Detroit Credit Union to expand access to affordable clean energy, energy efficiency, and healthy home financing for Detroit residents. Through the partnership, One Detroit Credit Union becomes the first Detroit-based credit union to join Michigan Saves’ residential lending network—bringing financing options closer to the people and communities they are designed to serve.
One Detroit Credit Union is set to open a mini branch within Inkster’s Booker Dozier Recreation Center this fall. This new branch, located at 2025 Middlebelt Rd, represents a significant step towards providing accessible financial services to a community long underserved by traditional banking institutions.
One Detroit Credit Union has named Portia Powell as its next CEO, replacing Hank Hubbard, who is retiring after 34 years with the institution. She will take command in January 2025.
Powell is making history as the first woman and African American to lead the credit union in its 90-year history. She is a seasoned leader with more than two decades of experience in the financial services industry.
DETROIT, Aug. 15, 2024 /PRNewswire/ -- One Detroit Credit Union (1DCU), a cornerstone of financial empowerment in the Detroit community, is proud to announce the appointment of Portia Powell as its next Chief Executive Officer to begin January 2025. Powell, a seasoned leader with over two decades of experience in the financial services industry, makes history as the first woman and African American that will lead the credit union for its 90-year history.
One Detroit Credit Union is set to open a mini branch within Inkster’s Booker Dozier Recreation Center this fall. This new branch, located at 2025 Middlebelt Rd, represents a significant step towards providing accessible financial services to a community long underserved by traditional banking institutions.
One Detroit Credit Union, a member-owned financial institution, has been named Credit Union of the Year in the Small Asset Size Category by The Michigan Credit Union League (MCUL) at the 2024 MCUL and Michigan Credit Union Foundation (MCUF) Awards ceremony held last Friday evening in Traverse City.
One Detroit Credit Union — which has members who work at the Detroit casinos, auto companies and Blue Cross Blue Shield — is offering strike assistance loans that can range from $500 to $4,000. The rate can be as low as 8.99% but could be higher based on one's credit score. The offer runs through Dec. 31 for members of the credit union. It applies to union members who are impacted by ongoing labor strikes. No payment is needed for 60 days.
One Detroit Credit Union, a leading credit union focused on providing premier development services to all Detroiters, today announced the appointment of award-winning career banker Portia Powell as its new chief experience officer. Effective June 1, Powell brings more than 20 years of banking experience to this new role as CXO where she will oversee retail banking, call center and digital banking, marketing, strategy, and innovation teams.
