802 Credit Union Barre VT | Low Mortgage Rates & Auto Loans

Introduction

Welcome to 802 Credit Union, a trusted financial partner serving the Barre community since 1953. Nestled at 265 S Main St, Barre, VT 05641, our branch stands as a beacon of reliability and support for over 37,000 members. With total assets exceeding $403 million and deposits reaching $51 million, we are committed to providing exceptional banking services tailored to meet your unique needs. At 802 Credit Union, our mission is to empower our members by offering a wide range of financial products and services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions. With a dedicated team of 111 employees, led by CEO Sean Gammon and Board President Jeff Mobus, we strive to create a welcoming environment where every member feels valued. While you can visit us at our main office for all your banking needs, please note that official correspondence should be directed to our mailing address: PO Box 745, Barre, VT 5641. Our commitment to the community goes beyond just numbers; it's about building relationships and fostering trust. Whether you're looking to finance a new vehicle or need assistance with your business finances, we're here to help you every step of the way. Curious about how we can assist you today? Don't hesitate to reach out! Call us at 802-479-9411 or visit our website at 802cu.com for more information on how we can support your financial journey.

Branch History & Mission

Community Commitment

Our commitment goes beyond financial transactions; we actively engage in community outreach initiatives that make a difference. By partnering with local organizations and supporting events throughout Barre, we aim to give back and uplift those around us. As we look forward to the future, we invite you to join us on this journey. Experience firsthand the advantages of being part of a credit union that prioritizes its members' needs while giving back to the community. For more information about membership eligibility or how you can benefit from our services, visit us at 802 or call us at 802-479-9411. Join us today and become part of a family that believes in the power of community!

Our Mission

At 802, our mission is clear: we strive to provide exceptional financial services while fostering a strong sense of community. We believe that everyone deserves access to reliable banking solutions, whether it's checking accounts, auto loans, mortgages, or business banking options. Our goal is not just to meet the financial needs of our members but also to contribute positively to their lives. We are committed to enhancing your banking experience through innovative digital services like online banking and mobile applications. We understand that accessibility matters and have taken steps toward ADA compliance to ensure that all members can use our facilities comfortably.

Branch Location & Accessibility

Accessibility Features

Our branch is accessible for everyone, with features like ADA-compliant ramps and designated parking spaces to ensure that all members can comfortably reach us. The location has ample parking available, so you won't have to worry about finding a spot.

Call or Visit Us Today!

If you have any questions or need assistance, don't hesitate to give us a call at (802) 479-9411. We look forward to welcoming you at 802! Come in today and discover how we can help meet your financial needs.

Operating Hours and Services

We understand that life can be busy, which is why we offer extended hours for your convenience. Visit us Monday through Wednesday from 8:30 AM to 5:00 PM, and Thursday through Friday from 8:30 AM to 5:30 PM. Our friendly team is ready to assist you with a range of services, including checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards.

Member Eligibility

At 802, we believe that becoming a member is like joining a close-knit family where everyone supports one another. If you're looking to become part of our community, you'll be pleased to know that eligibility is quite straightforward. Generally, anyone who lives, works, or worships in the local area can apply for membership. We also welcome family members of existing members, making it easy to share the benefits with your loved ones. For specific details on eligibility criteria and any updates, feel free to check out our resource at https://www.802cu.com/become-a-member/. Once you've confirmed your eligibility, opening an account is simple! You can start the process online through our website or give us a call at (802) 479-9411 if you prefer a personal touch. We're here to help guide you every step of the way, ensuring that you feel welcomed and informed as you take this exciting step toward being part of 802. Together, we can work towards your financial goals while enjoying the advantages that come with being a member of our credit union.

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, our merchant services make day-to-day operations smoother. Whether you're processing payments or managing transactions, we've got you covered with user-friendly solutions that allow you to focus on what really matters growing your business. Visit us at 265 S Main St Barre Vt 05641 in Barre, VT, or call us at (802) 479-9411 to explore how we can help your business thrive!

Tailored Lending Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $3 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 $174,173, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessing Your Funds

While we currently do not have ATM or drive-thru services available at this location, our team is always ready to assist you with cash withdrawal needs during lobby hours Monday through Wednesday from 8:30 AM to 5:00 PM and Thursday through Friday until 5:30 PM. Your financial well-being is our priority at 802. If you're interested in learning more about any of these services or want personalized assistance, don't hesitate to reach out at (802) 479-9411 or visit us at Barre/main Office online! Let us help you take the next step towards achieving your financial goals today!

Convenient Digital Banking

We know convenience matters in today's busy world. 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, banking has never been easier.

Home Sweet Home

If homeownership is on your radar, our Mortgage Loans & Refinancing services are here to guide you through the process. We understand that buying a home can feel overwhelming, so our knowledgeable staff will help simplify each step, ensuring you find the right mortgage solution for your budget.

Personal Banking Made Easy

Managing your finances should be straightforward. That's why we offer Personal Banking options that include checking and savings accounts designed to fit your lifestyle. Need a reliable way to get around? Our Auto Loans & Vehicle Financing can help you get the keys to that new car without breaking the bank. With competitive rates and flexible terms, driving off in your dream vehicle is closer than you think.

Personal Loans for Life’s Needs

Life has its ups and downs, and sometimes unexpected expenses arise. Our Personal Loans & Debt Consolidation options provide quick access to funds when you need them most. Whether it's consolidating debt or covering an unexpected bill, we're here to support you.

Rewarding Credit Options

Don't forget about our Credit Cards with Rewards, perfect for everyday purchases and special occasions alike! Enjoy earning rewards while managing your spending easily because every little bit helps when it comes to financial freedom.

Supporting Local Businesses

For our business members, we offer comprehensive Business Banking services including Merchant Services and Business Loans. We understand that running a business comes with its challenges, which is why we strive to provide solutions that help you grow and succeed in today's competitive market.

Digital & Online Banking

Accessibility and Ease of Use

Managing your money shouldn't be complicated. Our online banking services are designed with you in mind, ensuring that everything is easy to navigate. Whether you're checking your balance or setting up automatic payments, you'll find everything at your fingertips. With these features combined, 802 makes it simple for members to stay on top of their financial goals while enjoying the flexibility of digital banking. Join us today and discover how our online services can enhance your banking experience!

Key Features

Our online banking services provide peace of mind with robust security measures, so you can focus on what matters most. Enjoy the convenience of electronic signature authorization, making it easier than ever to complete transactions without needing to visit a branch. Plus, if you choose e-statements, you'll have instant access to your account information while helping the environment. For those on the go, our mobile application offers an easy way to manage your finances from the palm of your hand. You can make person-to-person transfers quickly and safely no need for cash or checks. Although mobile payments are not available yet, our app still provides a user-friendly experience that keeps you connected to your accounts.

Financial Strength

Member Savings Security

Members' savings are secured through $50,681,434 in share certificates and $29,071,619 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 $0 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 101 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $33,015,009 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $3,873 in used auto loans and $301,560,635 in total loans and leases, we support your financial goals across various sectors.

Strong Financial Position

With a net worth of $47,856,559, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,186 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trust Built Through Experience

Total Share and Deposit Accounts stand at 70,608, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $25,792,231, reinforcing our ability to meet your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 802 is your trusted partner. Visit us at 265 S Main St Barre Vt 05641 or call (802) 479-9411 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $60,208,177 in used vehicle loans and $23,387,610 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, our team is here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $174,173 provide the capital needed to grow and expand. We understand the unique challenges businesses face, and we're here to support your endeavors with tailored financing solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $45,292,444, make buying or refinancing simple. We know that purchasing a home is one of the biggest decisions you'll make, and we are committed to providing you with competitive rates and personalized service.

Refinancing Options

If you're considering refinancing your existing loans for better terms, we have options available that can help you lower your monthly payments or consolidate debt. Reach out to us for more information on eligibility requirements and how we can assist you with this process. Our commitment at 802, located at 265 S Main St Barre Vt 05641 in Barre, VT, is to provide transparent lending solutions that empower our members. If you have questions or would like assistance in choosing the right loan product for your needs, please call us at (802) 479-9411. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today and take your next step toward financial success!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be tricky. We also offer flexible terms on unsecured credit card loans, with a total of $6,956,354 in loans helping members manage their finances effectively. This option allows for easy access to funds when you need them most.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate 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 that all offers are fair and transparent. By relying on verified data, users can trust that they are looking at accurate loan options tailored to their needs.

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