1st Ed Credit Union Chambersburg PA | Best Auto Loans & Business Banking

Introduction

Welcome to 1st Ed Credit Union, your trusted financial partner located at 1156 Kennebec Dr, Chambersburg, PA 17201. Established in 1938, we have been dedicated to serving our community for over 85 years. With a strong commitment to our members, we proudly support 7,581 individuals and families in achieving their financial goals. At 1st Ed Credit Union, we understand that your financial well-being is paramount. That's why we manage total assets of $137,043,665, ensuring that your money is safe and sound. Our focus on member service has led us to offer a variety of financial products, including personal banking services, auto loans, mortgage options, and business banking solutions. We currently hold $8,802,469 in deposits and have issued a total of 3,363 loans and leases, reflecting our ability to provide the necessary resources for our members' needs. Led by CEO Kelly Childress and Board President Roy Johnston, our team of 29 employees is here to help you navigate your financial journey with personalized service. Whether you're looking to open a checking account or need assistance with a loan application, our friendly staff is just a phone call away at 717-264-6506. While members can visit us at our physical location in Chambersburg, official correspondence should be sent to the same address: 1156 Kennebec Dr, Chambersburg, PA 17201. Join us today and experience the difference that comes with being part of a community-focused credit union. Visit our website at 1edcu.org for more information on how we can help you thrive financially!

Branch History & Mission

Commitment to Innovation and Community

As technology advances, so do we. At 1st Ed Credit Union, we prioritize digital advancements like online banking and mobile applications that make managing your finances easier than ever. We are also proud to be ADA compliant and focused on creating an inclusive environment for all members. Community outreach is at the heart of what we do. We engage in various partnerships and initiatives aimed at enhancing local life whether it's sponsoring events or supporting local charities. We invite you to join us on this journey. Experience firsthand how 1st Ed Credit Union can make a meaningful difference in your life and help you achieve your financial dreams. Contact us today at 717-264-6506 or explore more about our services at 1edcu.org. Together, let's build a brighter financial future!

Our Mission

The mission of 1st Ed Credit Union is simple yet powerful: to enhance the financial well-being of our members and contribute positively to the communities we serve. We believe that everyone deserves access to quality financial services that empower them to achieve their goals. Whether you're looking for a checking account, financing for a new vehicle, or assistance with debt consolidation, we are here to guide you every step of the way. Our branch operates during convenient hours: Monday and Tuesday from 8:30 AM to 5:00 PM, Wednesday from 10:00 AM to 5:00 PM, and Thursday through Friday from 8:30 AM to 6:00 PM. We also offer drive-thru service for quick transactions and a shared service center for members who need assistance with partner credit unions. While members can visit us at 1156 Kennebec Dr, official correspondence should be sent to 1156 Kennebec Dr, Chambersburg, PA 17201 if different from our branch address.

Branch Location & Accessibility

Convenient Access

At 1st Ed Credit Union, we prioritize accessibility. Our branch features ADA-compliant facilities, including ramps and spacious parking to accommodate all our members. We understand that your time is valuable, so we offer drive-thru banking services for quick and simple transactions without leaving your car. Although we don't have ATM services available at this location, our shared service center is here to help with any additional banking needs.

Operating Hours

We're here for you during convenient hours! Visit us Monday and Tuesday from 8:30 AM to 5:00 PM, Wednesday from 10:00 AM to 5:00 PM, and Thursday and Friday from 8:30 AM to 6:00 PM. On Saturdays, you can stop by from 9:00 AM to 12:00 PM. If you have questions or need assistance outside of these times, feel free to give us a call at 717-264-6506.

Your Financial Needs Matter

At our branch, we offer a range of services tailored just for you. From personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing, we strive to meet your financial goals. Plus, if you're a member of another participating credit union, you can take advantage of basic shared branch transactions right here! While members can visit us at 1156 Kennebec Dr for all their banking needs, official correspondence should be sent to the same address as our mailing address remains unchanged. We invite you to come visit us today! Experience firsthand how we can assist you with your financial journey. Let's build a brighter future together!

Member Eligibility

Becoming a member of 1st Ed Credit Union is like joining a warm, welcoming family where your financial well-being is our top priority. If you're looking to be part of a supportive community in Chambersburg, PA, we invite you to explore membership with us! To qualify, you simply need to live, work, worship, or attend school in the Franklin County area. This means that whether you're a local resident or connected through your job or education, there's a place for you here. You can find all the detailed eligibility criteria at https://www.1edcu.org/news-resources/forms-applications/membership-application/, ensuring you have all the information you need to get started. Once you've confirmed your eligibility, opening an account is easy and straightforward. Our friendly team at 1st Ed Credit Union, located at 1156 Kennebec Dr Chambersburg Pa 17201, is ready to help guide you through the process. You can also reach out to us directly at (717) 264-6506 if you have any questions or need assistance. We're excited to welcome you into our community where you'll enjoy personalized service and a range of financial products tailored just for you!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have not extended any loans, we are eager to partner with local entrepreneurs in Chambersburg, PA. Our future plans include offering flexible financing options designed to meet the specific needs of both members and non-members alike.

Merchant Services

In addition to loans, we offer merchant services that make it easier for businesses to accept payments and manage their finances. Imagine a local coffee shop efficiently processing customer transactions while tracking sales data seamlessly. With our services, you can focus on running your business while we handle the financial side. With our presence at 1156 Kennebec Dr Chambersburg Pa 17201 in Chambersburg, PA, we're ready to support your business journey every step of the way. For more information, give us a call at (717) 264-6506 or visit us online at Fctcu.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're in the market for a new vehicle, consider our Auto Loans and Vehicle Financing options. We provide competitive rates that can make purchasing your dream car more accessible. Picture driving off in a new car while enjoying manageable monthly payments tailored to your budget.

Business Banking

For entrepreneurs and small business owners, our Business Banking services include merchant services and business loans tailored to support your goals. From managing cash flow to financing growth opportunities, we're here to help your business thrive.

Credit Cards with Rewards

Our Credit Cards with Rewards program is perfect for those who want to earn benefits while making everyday purchases. Enjoy cashback rewards or points that can be redeemed for travel or merchandise making every purchase feel rewarding.

Drive-Thru & Shared Branch Services

We also offer basic drive-thru banking for deposits and withdrawals, making transactions quick and easy without leaving your car. Additionally, our Basic Shared Branch Transactions allow partner credit union members to perform essential transactions like deposits and withdrawals seamlessly. With all these services at 1st Ed Credit Union, we're committed to making banking simple and accessible for everyone in Chambersburg. If you have any questions or need assistance with any of our offerings, don't hesitate to reach out at (717) 264-6506. We invite you to visit us soon at 1156 Kennebec Dr Chambersburg Pa 17201 or explore more about what we offer by visiting our website at Fctcu. Your financial success is our priority!

Mortgage Loans & Refinancing

Homeownership is a significant milestone, and our Mortgage Loans and Refinancing options make it achievable. Whether you're buying your first home or looking to refinance an existing mortgage, we offer personalized guidance every step of the way. Our experts will help you find the right mortgage solution that suits your financial situation.

Online & Mobile Banking

In today's fast-paced world, convenience is key. Our Online and Mobile Banking features allow you to access your accounts anytime, anywhere. Pay bills, transfer funds, or check balances all from the comfort of your home or on the go.

Personal Banking

For those seeking reliable banking solutions, our Personal Banking services include checking and savings accounts designed to fit your lifestyle. Imagine having a checking account that helps you manage your daily expenses while earning interest on your savings. With us, you can easily keep track of your finances online or through our mobile app.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. That's why we offer Personal Loans and Debt Consolidation services to help you manage those costs effectively. Whether it's for medical bills, home repairs, or consolidating credit card debt, we work with you to create a plan that reduces stress and keeps you on track financially.

Digital & Online Banking

Accessibility at Your Fingertips

We know that life can get busy. That's why having real-time account management is so important. With 1st Ed Credit Union, accessing your accounts has never been easier or more straightforward. You can manage your money on the fly with our user-friendly tools, ensuring you always stay informed about your financial health. Discover how simple banking can be by visiting us online at https://www.1edcu.org/ today!

Security and User-Friendly Features

Your security is our top priority. We offer electronic signature authorization, making it easier for you to sign documents safely without needing to visit a branch. This feature adds an extra layer of protection while allowing for quick transactions. Our mobile application enhances your banking experience even further. Whether you're depositing checks or making person-to-person transfers, everything is just a few taps away. And if you're someone who loves using digital wallets, you'll appreciate that while mobile payments aren't currently available, our mobile app allows for streamlined management of all your transactions.

Financial Strength

Commitment to Growth

With $19,667,599 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We also proudly support our members with $716 in used auto loans and $48,779,710 in total loans and leases. This broad lending capacity helps support your financial goals across various sectors.

Growing Member Base

We take pride in having 14,047 total share accounts, showing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments at $0, we remain committed to ensuring that your money works hard for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st Ed Credit Union is your trusted partner. Visit us at 1156 Kennebec Dr Chambersburg Pa 17201 or call (717) 264-6506 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. To serve you effectively, we have a dedicated team of 26 full-time employees and 3 part-time employees who are always ready to assist you.

Secure Savings

Members' savings are secured through $40,133,291 in share certificates and $16,588,937 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Foundation

With a net worth of $21,091,979, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,539 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

In addition to these offerings, we provide various refinancing options and eligibility assessments tailored to fit your situation. Our team is here to discuss how we can help you secure the best financing option available. For any inquiries or further assistance regarding our loan products or eligibility criteria, feel free to contact us at (717) 264-6506. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Join us today and explore how our loan products can empower you on your financial journey!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $9,223,257 in used vehicle loans and $2,624,531 in new vehicle loans already helping members get on the road. We provide flexible terms to ensure that your auto financing fits seamlessly into your budget.

Credit Lines

For those who need extra flexibility with their finances, our credit lines totaling $4,000,000 allow you to borrow as needed while only paying interest on what you use. This option is ideal for managing unexpected expenses or funding personal projects.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple and accessible. With total Junior Lien 1-4 Family Residential Properties loans amounting to $9,934,692, we offer competitive rates and expert guidance throughout the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,961,914 in loans helping members manage their finances effectively. These cards are perfect for those looking for convenience and rewards without the need for collateral.

Loan Aggregator

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