1st Street Credit Union Sarasota FL | Affordable Auto Loans & Business Banking

Introduction

Welcome to 1st Street Credit Union, your trusted partner in financial wellness since 1951. Nestled in the heart of Sarasota, FL, at 1558 1St St, we take pride in serving our community with dedication and care. With a growing membership of 1,891 individuals and families, we understand the importance of building strong relationships with our members. Our financial health speaks volumes boasting total assets of $32,532,690 and deposits totaling $1,642,941, we are here to provide you with reliable banking services that you can count on. Whether you're looking for auto loans or personal savings accounts, our offerings cater to diverse needs, making us a go-to resource for all your financial endeavors. Led by our passionate CEO, Dawn Gonzalez, and Board President, Clifford Smith, our team of 8 employees is committed to ensuring that every member feels valued and supported. We believe that your financial journey is unique; that's why we offer personalized solutions tailored to your specific goals. While members can visit us at 1558 1St St Sarasota FL 34236, official correspondence should be sent to the same address for consistency. Interested in learning more about what we can do for you? Don't hesitate to reach out at 941-953-6744 or explore our website at 1streetcu.com. Join us today and discover how we can help you achieve financial success!

Branch History & Mission

Welcome to 1st Street Credit Union, a cornerstone of the Sarasota community since 1951. Our journey began with a small group of dedicated individuals who shared a vision of providing accessible financial services to their neighbors. Over the decades, we have grown significantly, now proudly serving 1,891 members and managing total assets of $32,532,690. Located at 1558 1St St, Sarasota, FL 34236, our branch is easily accessible and surrounded by local landmarks that reflect our commitment to this vibrant community. While members can visit us at this address for all their banking needs, official correspondence should be sent to our mailing address at 1558 1st Street, Sarasota, FL 34236. Our mission is simple yet powerful: to empower our members with the tools and resources they need to achieve their financial goals while fostering a spirit of community support and collaboration. We offer a wide range of services including personal banking accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. Through these offerings, we aim to help our members navigate their financial journeys with confidence. At 1st Street Credit Union, we're not just about transactions; we prioritize building relationships within our community. We actively engage in outreach programs and partnerships that uplift those around us. From educational workshops to local sponsorships, we believe in investing back into Sarasota and supporting initiatives that make a positive impact. In recent years, we've embraced digital advancements to enhance member experiences while ensuring compliance with accessibility standards. Our online banking platform allows for easy account management from anywhere. Additionally, we provide ATM services for quick cash access and have a shared service center for basic transactions with partner credit unions. Our operating hours are designed to cater to your busy lifestyle: Monday through Friday from 8:00 AM - 5:00 PM, with extended hours on Wednesdays starting at 10:00 AM. You can reach us directly at 941-953-6744 for any inquiries or assistance. As we continue our legacy here in Sarasota, we invite you to join us at 1st Street Credit Union. Experience firsthand how we can help you grow financially while being an active part of your community. Together, let's build a brighter future!

Branch Location & Accessibility

Getting Here

Whether you're driving or walking, reaching us is a breeze. We have ample parking available right outside the entrance, making it simple for you to pop in for your banking needs. Our branch is fully ADA compliant, featuring ramps and accessible entrances to ensure everyone can enjoy our services without hassle.

Operating Hours

We know that life gets busy! That's why we're open Monday through Friday from 8:00 AM to 5:00 PM. On Wednesdays, we shift our hours slightly later to open at 10:00 AM but still close at 5:00 PM. Feel free to stop by during these hours or give us a call at 941-953-6744 if you have any questions.

Services We Offer

At 1st Street Credit Union, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. Plus, with our ATM available on-site and shared service center access for partner credit union members, managing your finances has never been easier. While visiting us at our physical location is encouraged, official correspondence should be directed to our mailing address at 1558 1st Street, Sarasota, FL 34236. We invite you to come explore all that we have to offer! Whether you're looking for guidance on loans or just need some friendly advice about your accounts, our dedicated team is here to help. Visit us today or reach out via phone; we can't wait to assist you!

Member Eligibility

Becoming a member of 1st Street is like stepping into a welcoming community where your financial well-being is our priority. To join us at our branch located at 1558 1St St Sarasota Fl 34236, you just need to meet a few simple eligibility criteria. Generally, anyone who lives, works, worships, or attends school in the area can become a member. We believe that everyone deserves access to the financial services that can help them thrive. By joining 1st Street, you'll not only enjoy personalized banking options and competitive rates but also become part of a supportive network that cares about your success. If you're ready to take the next step, opening an account is easy! You can find all the details you need about eligibility and how to get started by visiting our website at https://1streetcu.com/membership-information/ . For any questions or assistance, feel free to reach out to us at (941) 953-6744. We're here to help you on your journey toward better financial health!

Business Banking & Commercial Services

Merchant Services for Everyday Transactions

In addition to loans, our merchant services simplify payment processing for your business. Imagine accepting payments seamlessly, whether it's at the register or online. With our services, you can focus more on serving your customers and less on handling transactions. Located at 1558 1St St Sarasota Fl 34236 in Sarasota, FL, we are here to partner with you on your journey toward success. Reach out today at (941) 953-6744 to learn how we can help your business thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans and vehicle financing solutions are designed to get you on the road quickly and affordably. Whether you're eyeing a brand-new model or a reliable used vehicle, we can help you secure the financing that fits your budget.

Business Banking Services

We also cater to business owners with our comprehensive business banking services including merchant services and business loans. Running a business comes with its own set of challenges; let us help you streamline operations with tools designed specifically for entrepreneurs.

Convenient Access & Support

At 1st Street, convenience is key. We offer ATM services for cash withdrawals and balance checks, making it easy for you to access your money when you need it most. Plus, if you're a member of one of our partner credit unions, you can perform basic shared branch transactions right here at our location. If you have any questions or would like more information about our services, feel free to reach out at (941) 953-6744 or visit us online at 1st Street Credit Union. We're here to help you every step of the way!

Credit Cards with Rewards

Looking for ways to earn while you spend? Our credit cards with rewards allow you to earn points on everyday purchases, which can be redeemed for travel, cash back, and more. It's an easy way to maximize the value of your spending.

Mortgage Loans & Refinancing

For those looking to buy a home or refinance an existing mortgage, our mortgage loans offer competitive rates and flexible terms. We understand that buying a home is one of the biggest investments you'll make, so we're committed to providing support throughout the entire process.

Personal Banking Solutions

Managing your finances should be simple and straightforward. That's why we offer a variety of personal banking options such as checking and savings accounts. Imagine being able to easily access your funds and manage your budget with just a few clicks through our online and mobile banking platforms. With features like e-statements and electronic signatures, keeping track of your finances has never been easier.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or looking to consolidate debt, our personal loans can provide the relief you need. We offer tailored loan options that can help simplify your payments and reduce stress.

Digital & Online Banking

Key Features

Our online banking service, available at https://1streetcu.com/ , lets you access your accounts 24/7. Whether you're checking balances, transferring funds, or reviewing transactions, everything is just a few clicks away. You can also enjoy the convenience of electronic statements, making it simple to stay organized without the clutter of paper. Need to send money to a friend? Our person-to-person transfer feature allows you to do this quickly and securely. Plus, if you're always on the go, you'll love our mobile application that keeps you connected no matter where life takes you. While we currently don't offer mobile payments, our app provides all the essential tools for managing your accounts seamlessly.

Security and Accessibility

Security is a top priority at 1st Street. Our electronic signature authorization process ensures that your transactions are safe and protected from unauthorized access. Additionally, our online banking platform is designed with ease-of-use in mind, so even if you're not tech-savvy, you'll find it straightforward to navigate. With 24/7 online banking services and the ability to receive e-statements, you can manage your finances on your terms when it's convenient for you. We're committed to providing you with real-time account management that fits into your busy lifestyle. Visit us today at https://1streetcu.com/ to explore how our digital banking solutions can enhance your financial experience!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 4,150, showing a strong and growing member base that trusts us with their finances. This commitment from our community strengthens our ability to support your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st Street is your trusted partner. Visit us at 1558 1St St Sarasota Fl 34236 or call (941) 953-6744 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Member-Centric Approach

Members' savings are secured through $3,135,854 in share certificates and $3,573,779 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.

Operational Efficiency

Our $225,852 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 5 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $4,282,646 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $57,568 in used auto loans and $12,620,169 in total loans and leases.

Strong Financial Health

With a net worth of $4,508,498, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,386 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $3,335,408 in used vehicle loans and $3,773,696 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new vehicle or a reliable used one, our financing options can make it easier for you to drive away satisfied.

Credit Lines

For those who need a little extra flexibility in their finances, our credit lines totaling $1,500,000 provide an easy way to access funds when needed without the hassle of reapplying each time. We also have refinancing options available if you're looking to lower your monthly payments or consolidate debt into one manageable payment. To learn more about eligibility and how we can assist you further, please visit our membership information page. If you have any questions or would like to explore our loan offerings further, feel free to contact us at 941-953-6744. Our team is here to help you navigate your financial journey from start to finish. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $3,677,329, make buying or refinancing simple. We provide competitive rates and flexible terms that can be customized to fit your budget and lifestyle.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $784,080 in loans helping members manage their finances effectively. These cards come with benefits like rewards programs and no annual fees perfect for everyday purchases or unexpected expenses.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This approach is based on the latest results from the NCUA, which you can find at https://www.ncua.gov . By partnering with verified financial institutions, LendMesh provides fair and transparent offers tailored to your needs.

1ST STREET CREDIT UNION - Sarasota, FL