Frequently Asked Questions (FAQs)
What is a credit union?
Unlike banks, credit unions are not-for-profit financial institutions owned and governed by our members.
How long has Riverset been in business?
Riverset is one of Pittsburgh's oldest credit unions, founded in 1934 as Pittsburgh Teachers Credit Union. We are currently celebrating our 80th year in business!
Don't you have to work for a specific company to join a credit union?
While some credit unions are employer based, Riverset is a community credit union. As long as you live, work, regularly conduct business, worship, or attend school in Allegheny, Beaver and Butler Counties, you are eligible to join!
All I know about credit unions is that my grandparents have a Christmas Club there. Do you offer other services?
Yes! Riverset offers all of the same services and accounts that you can receive from your bank, while still offering you that Christmas Club that would make your grandparents proud.
When I look at my statement it says "share" and "draft." What are those?
In credit union lingo your "share" is your savings account and your "draft" is your checking account.
You only have 1 ATM and 2 branches. How convenient is it to access my funds?
With our Visa debit card, you can use all PNC ATMs surcharge free. We are also part of the Co-Op Shared Branch Network which gives you 5,000+ branch locations nationwide.
Do you offer online and mobile banking?
Of course. We offer free online, telephone, and mobile banking. You can download our Android or iPhone app, use our mobile site, or our automated phone system. Not to mention our e-z pay online bill paying system, A2A (account to account transfers), and Popmoney personal payment service. We have you covered in the online banking department.
Sounds great! How do I sign up?
All you need to do is fill out our online membership application here. If you'd like to fill out an application and bring it in or mail it, you can find that here. Just remember to include a copy of your current drivers license and your initial deposit of at least $5.
Feel free to email us at firstname.lastname@example.org and someone will get back to you as soon as possible.