Act 1st Credit Union Lavale MD | Affordable Auto Loans & ATM Access

Introduction

Welcome to Act 1st, your trusted financial partner located at 14316 National Hwy Sw, Lavale, MD 21502. Since our establishment in 1950, we have been dedicated to providing exceptional service and support to our community. With over 12,141 members and a strong commitment to fostering financial well-being, Act 1st is more than just a credit union; we are a family that believes in the power of collective strength. Our financial health speaks volumes about our dedication boasting total assets of $143,373,113, total deposits of $12,609,293, and net worth standing at $10,211,545. We strive to create opportunities for our members through responsible lending practices, with a total of 5,673 loans and leases extended. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we're here to help every step of the way. Under the guidance of our CEO, Stephanie Boyd, and Board President, Shawnee McElfish, Act 1st fosters an environment where member needs come first. Our team of 43 employees is passionate about delivering personalized service that makes banking easier for you. While you can visit us at our branch address for all your banking needs, please note that any official correspondence should be sent to our mailing address: 1313 National Highway STE 7, PMB 326, LaVale, MD 21502. Experience the difference that a member-focused credit union can make. For more information or assistance, feel free to reach out by phone at 301-729-8015 or explore our website at Act 1st Federal Credit Union. Join us today and take control of your financial future!

Branch History & Mission

Join Us

If you're looking for a financial partner that truly cares about your needs and goals, look no further than Act 1st. With dedicated staff ready to assist you during our operating hours from Monday through Saturday there's never been a better time to join our growing family. Contact us today at (301) 729-8015 or visit our website at Act 1st Federal Credit Union. Experience the difference of being part of a community-focused credit union where your financial success is our priority!

Our Journey

Since opening our doors more than seven decades ago, Act 1st has undergone significant changes while remaining true to our core values. With total assets now amounting to $143,373,113, we have consistently aimed to provide our members with excellent financial services tailored to their needs. Our journey has been marked by milestones that reflect our dedication to member satisfaction and community involvement. In addition to traditional banking services like checking and savings accounts, we offer auto loans, mortgages, personal loans, and business banking solutions. We've embraced technology by providing online and mobile banking options, ensuring our members can access their accounts anytime and anywhere.

Our Mission

At Act 1st, our mission is simple yet powerful: to enhance the financial well-being of our members while contributing positively to the community we serve. We strive to empower individuals through education about financial products and services that promote smart money management. Whether it's assisting someone in securing their first auto loan or helping a local business thrive with tailored financing solutions, we are here for you. We also believe in giving back to our community. Through various outreach initiatives and partnerships with local organizations, we aim to foster a supportive environment where everyone can thrive. While members can visit us at 14316 National Hwy Sw Lavale Md 21502, official correspondence should be sent to 1313 National Highway, LaVale, MD 21502. For those who prefer convenience, we proudly offer ATM availability and drive-thru banking services for quick transactions.

Branch Location & Accessibility

Comprehensive Services Tailored for You

Whether you're looking for personal banking options like checking and savings accounts or need help with auto loans and mortgages, our knowledgeable team is here to assist you every step of the way. Plus, we have an ATM on-site for your convenience, allowing easy access to cash whenever you need it. While members can visit us at our main location in Lavale, official correspondence should be sent to our mailing address at 1313 National Highway, Suite 7, PMB 326 in LaVale.

Convenient Access and Amenities

At Act 1st, we prioritize your ease of access. Our parking lot is spacious and designed to accommodate all members, ensuring you can find a spot without hassle. For those who may need assistance, our branch is fully compliant with ADA standards, featuring ramps and accessible entrances for everyone's convenience. We understand that life gets busy, which is why we offer flexible operating hours. You can visit us Monday through Friday from 9:00 AM to 5:00 PM, and on Saturdays from 9:00 AM to 1:00 PM. If you prefer a quick transaction on the go, our drive-thru service is available Monday through Thursday from 9:00 AM to 5:00 PM, Friday until 6:00 PM, and Saturday until 1:00 PM.

Reach Out Anytime!

Got questions? Don't hesitate to give us a call at (301) 729-8015. Our friendly staff is ready to help you with all your banking needs! Come visit us today at Act 1st where your financial journey begins!

Member Eligibility

Welcome to the Act 1st family, where becoming a member means joining a community that truly cares about your financial well-being. At Act 1st, located at 14316 National Hwy Sw, Lavale, MD 21502, we warmly invite anyone who lives, works, worships, or attends school in Allegany County to join us. It's an inclusive and friendly process designed for everyone whether you're just starting out or looking for more comprehensive banking solutions. Joining brings you numerous benefits such as competitive loan rates, personalized service, and access to a variety of financial products tailored just for you. If you're ready to take the next step, opening an account is a breeze! You can find all the details and even start the process by visiting our website at Act 1st. If you have questions or need assistance, don't hesitate to call us at (301) 729-8015. We're excited to welcome you!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $5 in commercial loans for our members, helping businesses scale and succeed. This funding empowers local entrepreneurs to purchase equipment, expand their operations, or enhance their inventory fueling the local economy right here in Lavale, MD.

Merchant Services

In addition to loans, we offer reliable merchant services that simplify payment processing. Imagine having a seamless way for your customers to pay with credit or debit cards while ensuring you get funds quickly. Our merchant solutions are designed to help your business run smoothly and efficiently so you can focus on what matters most: serving your customers. With an outstanding commercial loan portfolio of $423,178, we continue to drive economic growth by financing new and expanding businesses. Join us at Act 1st and experience how our dedicated services can make a real difference in your business journey. Visit us at 14316 National Hwy Sw Lavale Md 21502 or call us at 301-729-8015 to learn more!

Comprehensive List Of Services

Business Banking

If you're a business owner, we haven't forgotten about you! Our business banking services, including merchant services and business loans, are here to help your business thrive. We understand the challenges small businesses face and offer solutions tailored just for you.

Credit Cards

For those who prefer using credit, our credit cards with rewards allow you to earn points on every purchase, making your spending work for you. Whether it's cash back or travel rewards, we've got options that cater to various lifestyles.

Digital Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking services. You can manage your accounts from anywhere, pay bills with ease, and even transfer money using our person-to-person service. Plus, our ATMs are readily available for cash withdrawals or balance checks whenever you need them.

Drive-Thru and ATM Services

For those quick transactions, our basic drive-thru banking offers deposits, withdrawals, and simple transactions without leaving your car. If you're on the go, our ATM access ensures that you can always get cash when needed. At Act 1st, we aim to make banking as easy as possible so that you can focus on what truly matters in life. Our friendly team is always ready to assist you with any questions or guidance you may need. Ready to explore what we offer? Call us at (301) 729-8015, visit us in person at 14316 National Hwy Sw Lavale Md 21502, or check out our website at Act 1st Federal Credit Union to learn more about how we can support your financial goals!

Loans and Financing

Need a new car or considering buying a home? Our auto loans and vehicle financing options are designed to get you on the road without breaking the bank. If you're looking for a place to call home, our mortgage loans and refinancing solutions can help make your dream of homeownership a reality. We also provide personal loans for those unexpected expenses and debt consolidation options to help simplify your payments.

Personal Banking

When it comes to personal banking, we understand that having the right tools can make all the difference. That's why we offer checking and savings accounts that fit your lifestyle. Whether you're saving for a vacation or managing daily expenses, our accounts come with features that help you stay organized and in control of your finances.

Digital & Online Banking

Key Services for Your Convenience

We offer a variety of online banking services that make managing your money simple and efficient. You can check balances, pay bills, and transfer funds quickly through our 24/7 online banking system. Plus, with our mobile application, you can handle your banking needs right from your smartphone. Our electronic signature authorization feature makes signing documents easy and hassle-free, allowing you to complete transactions without the need for paper forms. For those who prefer to go green, we provide e-statements so you can view your account statements electronically whenever you need them.

Stay Connected and Secure

Want to send money to a friend? Our person-to-person transfers let you do just that in a matter of minutes. Additionally, if you're on the go, take advantage of our mobile payments feature that lets you make purchases directly from your phone no wallet needed! Rest assured, all these features come with top-notch security measures in place. Your information is protected while you enjoy the flexibility of real-time account management. With Act 1st's digital and online banking services, we aim to make your financial experience as smooth as possible. Whether you're at home or on the move, managing your finances has never been easier!

Financial Strength

Growing Member Base

Total Share Accounts: 21,753, showing a strong and growing member base that trusts us with their finances. This level of trust reinforces our commitment to being your reliable partner in achieving your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Act 1st is your trusted partner. Visit us at 14316 National Hwy Sw Lavale Md 21502 or call (301) 729-8015 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.

Investment in Your Future

With $10,211,545 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to supporting your financial goals is evident with $2,485 in used auto loans and $110,293,764 in total loans and leases.

Operational Efficiency

Our financial strength is reflected in our operations as well. Although our net income stands at $0, it showcases our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 41 full-time employees and 2 part-time employees who are always ready to assist you with knowledge and dedication.

Secure Savings Options

Members' savings are secured through $45,011,186 in share certificates and $7,204,254 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.

Strong Financial Health

With a net worth of $10,211,545, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $712 demonstrates a solid capital foundation. This ensures 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 $45,020,299 in used vehicle loans and $24,360,868 in new vehicle loans already helping members get on the road. We provide flexible terms and quick processing to ensure you can drive away with your new vehicle as soon as possible.

Business Loans

For business owners, our outstanding commercial loans totaling $423,178 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are committed to supporting local entrepreneurs.

Credit Lines

Our total credit lines amounting to $38,568,250 are available for those who need ongoing access to funds. This flexibility allows you to handle expenses as they arise without having to reapply for a loan each time. At Act 1st, we're dedicated to serving our community in Lavale, MD, and beyond. If you're considering refinancing options or want to learn more about eligibility criteria for any of our products, feel free to reach out at (301) 729-8015. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your financial journey starts here!

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,197,514, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance your existing mortgage, our team is here to guide you through each step of the process.

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. This option allows you to cover unexpected costs without straining your budget.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With so many options available, knowing where to start can make a significant difference in securing favorable terms. LendMesh ensures accurate loan comparisons through reliable sourcing. The loan data featured on LendMesh is obtained 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 approach guarantees that users receive fair and transparent offers tailored to their needs. Using LendMesh comes with several benefits: - Verified Data: All loan offers come from legitimate financial institutions, which fosters transparency. - No Sponsored Listings: Unlike other platforms, LendMesh does not prioritize lenders based on paid promotions its goal is to provide unbiased results. - Real-Time Rate Comparisons: Users can access up-to-date loan rates from various institutions, empowering them to make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights the platform's effectiveness and reliability in helping individuals secure better financing options. 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.*

ACT 1ST FEDERAL CREDIT UNION - Lavale, MD