Company Information

Get to know freestar financial credit union

Originally chartered in 1959 as Detroit Medical Center Credit Union, the institution rebranded to Freestar Financial Credit Union in 2004. As a not-for-profit, member-owned cooperative, its mission is to serve as its members' trusted financial partner for life. The credit union offers a comprehensive suite of financial products, including savings and checking accounts, auto loans, mortgages, credit cards, and investment services, with profits being returned to members through lower loan rates and higher savings yields.

Industry

Financial BankingPRIMARY
Financial Other Service

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freestar financial credit union

United States

Founded in

1957 (69 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.