705 Lafayette LA Credit Union | Affordable Auto Loans & Business Banking

Introduction

Welcome to 705 Credit Union, where our commitment to serving the Lafayette community shines through in everything we do. Established in 1968, we've been a trusted financial partner for over 3,600 members, helping them achieve their financial goals and dreams. Our branch is conveniently located at 1455 W Willow St, Lafayette, LA 70506, making it easy for you to access the services you need. At 705, we take pride in our robust financial foundation, boasting total assets of $45,521,784 and total deposits reaching $1,816,862. With a net worth of $3,645,519, we are well-equipped to support our members' financial journeys. Whether you're seeking personal banking options like checking and savings accounts or looking for vehicle financing and mortgages, we have tailored solutions just for you. Our dedicated team of 15 employees works hard under the leadership of CEO Cassie Theriot and Board President Ronald Girouard to ensure that every member receives personalized service. We understand that your financial needs are unique; that's why we offer a variety of services including auto loans, credit cards with rewards, and business banking options. While members can visit us at our branch location, official correspondence should be sent to the same address: 1455 W Willow St, Lafayette, LA 70506-1026. We invite you to explore how we can help you navigate your financial landscape. Visit our website at 705fcu.com or give us a call at (337) 232-8450 during our lobby hours from Monday to Thursday 8:30 AM - 5 PM and Friday from 8 AM - 5 PM. Join us today and experience the difference a community-focused credit union can make!

Branch History & Mission

The story of 705 in Lafayette, LA, began in 1968, when a small group of community-minded individuals came together with a vision to create a financial institution dedicated to serving the needs of its members. Over the years, this vision has blossomed into a thriving credit union that proudly serves over 3,666 members and manages assets totaling $45,521,784. Located at 1455 W Willow St, Lafayette, LA 70506, our branch is not just a place for banking; it's a cornerstone of the community. We are strategically situated near local landmarks and easily accessible for those who need our services. While members can visit us at this address for all their banking needs, official correspondence should be sent to the same location: 1455 W Willow St, Lafayette, LA 70506-1026. At 705, our mission goes beyond providing exceptional financial services; it's about fostering strong community ties and supporting our members through every life stage. We strive to empower individuals by offering personal banking options such as checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Our commitment extends to business banking as well, where we provide merchant services and business loans to help local enterprises thrive. We understand that modern banking requires innovation. That's why we offer online and mobile banking options for our members' convenience. Whether you're making deposits or checking your balance from home or on-the-go, we have you covered. Our facilities are ADA compliant to ensure everyone can access our services comfortably. Over the years, we've built partnerships within the community that enable us to give back through outreach programs and support initiatives tailored to meet local needs. This commitment reflects our belief that financial institutions should contribute positively to their neighborhoods. As we look ahead, we remain dedicated to enhancing the member experience through digital advancements while maintaining the personal touch that sets us apart. With drive-thru service available for quick transactions and ATM access for cash withdrawals and balance checks, we prioritize convenience alongside quality service. Join us at 705 today! Experience firsthand how our member-focused approach can help you achieve your financial goals while being part of a supportive community network. Call us at 337-232-8450 or visit our website at 705fcu.com to learn more about membership eligibility and how you can start benefiting from all that we offer!

Branch Location & Accessibility

Accessibility Features

We understand how important accessibility is for all our members. That's why our branch meets ADA compliance standards and features ramps for easy entry. Our friendly staff is always ready to assist you, so don't hesitate to reach out if you need any special accommodations.

Operating Hours

At 705, we offer flexible operating hours to suit your busy schedule. Our lobby is open Monday through Thursday from 8:30 AM to 5 PM and on Fridays from 8 AM to 5 PM, making it convenient for you to stop by before or after work.

Services Offered

We provide a variety of services tailored to meet your financial needs. Whether you're looking for checking and savings accounts, auto loans, mortgage options, or credit cards with rewards, we've got you covered. Our drive-thru service allows for quick deposits and withdrawals, while shared services are available for partner credit union members.

Visit Us Today!

Ready to experience the benefits of banking with us? We invite you to visit our branch or give us a call at (337) 232-8450. Our team is excited to assist you with all your banking needs at 705!

Member Eligibility

At 705, we believe in creating a warm and welcoming community where everyone can thrive. Becoming a member is easy! If you live, work, or worship in Lafayette, LA, you're likely eligible to join us. We also welcome family members of existing members, making it simple for your loved ones to enjoy the benefits of membership too. With our range of services like personal banking, auto loans, and more, being part of 705 means you gain access to tools designed to support your financial journey. For detailed eligibility criteria, feel free to check out our website at https://www.705fcu.com/join/who-can-join/. Ready to take the next step? You can open your account online with just a few clicks by visiting https://www.cmg.loanliner.com/loanrequest/presenter/loanlist/01706510/2514?isframed=f&cuid=01706510&loanlistid=2514&channelid=2327792921014160114&locationid=9074720904260140757 or give us a call at (337) 232-8450 if you have any questions. We're excited to help you start this journey with us at our branch located at 1455 W Willow St Lafayette La 70506!

Business Banking & Commercial Services

Merchant Services That Work for You

In today's fast-paced market, having reliable merchant services can make all the difference. Imagine a local café that can easily process payments while keeping track of inventory all thanks to our tailored merchant solutions. Our services enable smooth transactions, allowing you to focus on what matters most: serving your customers and growing your business. Visit us at 1455 W Willow St Lafayette La 70506 in Lafayette, LA, or call us at (337) 232-8450 to learn more about how we can support your business journey. Let's work together to achieve your goals!

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

ATM & Cash Withdrawal Services

Need cash in a pinch? With our ATM & Cash Withdrawal Services, accessing your money is easy and quick. Whether it's through our own ATMs or shared branch networks, getting cash has never been more convenient.

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing services make it simple to get behind the wheel of your dream vehicle. We offer competitive rates and flexible terms that fit your budget, ensuring that financing your next car is as stress-free as possible.

Business Banking

For entrepreneurs and small business owners, our Business Banking services include merchant services and business loans tailored to meet your specific needs. We understand the challenges of running a business, so we provide tools and resources that help you succeed.

Credit Cards with Rewards

Why not earn rewards while spending? Our Credit Cards with Rewards are designed to give back for every purchase you make. Enjoy cash back or points that can be redeemed for travel, merchandise, or even statement credits just another way we help enhance your financial experience.

Drive-Thru Banking

For those who prefer face-to-face interactions but want to stay on the go, our Drive-Thru Banking offers basic services like deposits and withdrawals without leaving your vehicle. It's just one more way we're committed to providing accessible banking solutions. As part of our commitment to community service, we also offer Basic Shared Branch Transactions, allowing members of partner credit unions to conduct essential banking activities right here at 705. With all these services available at 705 Fcu, there's no need to look elsewhere for your financial needs! If you're ready to take the next step towards better banking experiences or have questions about any of our offerings, don't hesitate to reach out at (337) 232-8450 or visit us in person at 1455 W Willow St Lafayette La 70506. Your journey toward smarter financial choices starts here!

Mortgage Loans & Refinancing

If homeownership is on your mind, consider our Mortgage Loans & Refinancing options. We assist first-time buyers and seasoned homeowners alike in navigating the mortgage process, providing tailored advice along the way. Our streamlined application process helps you secure the best rates without the hassle.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From transferring funds to checking balances or making payments, everything is at your fingertips.

Personal Banking

Whether you're looking to open a checking or savings account, we've got you covered. With our Personal Banking options, you can manage your money easily and effectively. Imagine having the flexibility to save for a vacation while keeping your daily spending organized all with just a few clicks on our online banking platform.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way, but with our Personal Loans & Debt Consolidation, you have options. Whether you're dealing with medical bills or looking to consolidate credit card debt into one manageable payment, we provide financial solutions that empower you to regain control over your finances.

Digital & Online Banking

Key Features

Our online banking platform provides a user-friendly experience tailored for everyone. You can easily sign documents with electronic signature authorization, making transactions smooth and efficient. Plus, if you're interested in keeping track of your finances digitally, we offer e-statements that help reduce paper clutter while keeping all your important information organized. For those who prefer managing their accounts on their mobile devices, we have a dedicated mobile application available for download. This app puts all the power of online banking right in your pocket. You can also make person-to-person transfers effortlessly, sending money to friends or family in just a few taps. While mobile payments aren't available yet at 705, we're constantly exploring ways to enhance your banking experience. The security of our digital services is paramount; we use advanced encryption technologies to ensure that your personal information remains safe. In short, whether it's accessing your account from home or using our mobile app while out and about, 705 makes it easy for you to take control of your finances with confidence. Enjoy the freedom and flexibility of managing your money on your terms!

Financial Strength

Commitment to Growth

Our $4,085,432 in undivided earnings means we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Currently, with $291 in used auto loans and $32,318,811 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Efficient Operations

Our $-523,381 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 15 full-time employees and 0 part-time employees who are always ready to assist you with knowledge and dedication.

Growing Member Trust

Total Share and Deposit Accounts stand at 5,960, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $176,714, further emphasizing our commitment to supporting your financial journey. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 705 is your trusted partner. Visit us at 1455 W Willow St Lafayette La 70506 or call (337) 232-8450 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.*

Secure Savings Opportunities

Members' savings are secured through $10,546,295 in share certificates and $6,135,247 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,983,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $3,645,519, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $799 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 $6,164,043 in used vehicle loans and $8,620,443 in new vehicle loans already helping members get on the road. Whether you're looking for financing for a brand-new model or a reliable used car, we've got options that fit your budget.

Credit Lines

If you need additional flexibility, our credit lines provide easy access to funds when you need them most. With total credit lines available at $3,000,000, you can tackle any financial challenge with confidence. At 705, we believe in empowering our members through smart financial solutions. If you're interested in refinancing or exploring eligibility options for our various loan products, please reach out to us at (337) 232-8450 or visit us at our branch located at 1455 W Willow St Lafayette La 70506 in Lafayette, LA. For performance insights and financial data, visit the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're here to help you achieve your financial goals with ease!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We offer flexible terms and guidance throughout the process to help you secure the best possible deal.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,784,793 in loans helping members manage their finances effectively. This option can be an excellent way to cover unexpected expenses or make purchases without tying up other resources.

Loan Aggregator

Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures fair and transparent offers, allowing users to trust the information they receive. Each loan listing is carefully vetted, guaranteeing that the data presented is both accurate and up-to-date.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users receive up-to-date loan rates from multiple institutions, helping them make informed choices that suit their financial situation. Thousands of users trust LendMesh for loan comparisons. One satisfied member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight how effective this tool can be in achieving significant savings. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

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