American 1 Credit Union Chelsea MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to American 1, your trusted financial partner located at 1255 S Main St, Chelsea, MI 48118. Since our establishment in 1980, we have been dedicated to serving our community with a range of financial services tailored to meet the needs of our members. With over 66,000 members and a solid foundation of $670,242,910 in total assets, we pride ourselves on being a reliable source for personal and business banking solutions. At American 1, we believe in building strong relationships with our members. Our commitment is reflected in our impressive figures: we have facilitated more than 54,000 loans, amounting to an outstanding $151,737,150 in total deposits. Our net worth stands at an impressive $101,561,233, showcasing our stability and dedication to your financial health. Our team of 280 employees, led by CEO Martha Fuerstenau and Board President Philip Hoffman, is here to assist you every step of the way. While you can visit us at our Chelsea branch for all your banking needs, please reach out at 734-475-3416 or explore more about us at www.american1cu.org for additional information on how we can support your financial journey. We invite you to come experience the difference that a member-focused credit union can make!

Branch History & Mission

American 1 has a proud history rooted in community support and financial empowerment. Founded in 1980, our Chelsea branch has grown alongside its members, evolving from a small credit union to a trusted financial institution with over 66,000 members. Located at 1255 S Main St, Chelsea, MI 48118, we are not just a bank; we are a part of this vibrant community. From the beginning, our mission has been clear: to provide accessible financial services while fostering strong relationships with our members. We understand that each member's journey is unique, which is why we offer personalized solutions tailored to meet their individual needs. Our total assets now exceed $670 million, reflecting our commitment to stability and growth. Over the years, American 1 has embraced technology to enhance the member experience. From online banking to mobile payments, we strive to make banking simple and convenient. We take pride in our ADA compliance efforts, ensuring that all members can access our services without barriers. In addition to traditional banking services like checking accounts, auto loans, and mortgages, we engage actively in community outreach. We believe in giving back and supporting local initiatives that uplift and strengthen Chelsea. Whether it's partnering with schools or sponsoring local events, American 1 is dedicated to making a positive impact. While you can visit us at our Chelsea branch for all your banking needs during our operating hours Monday through Thursday from 9 a.m. to 6 p.m., Friday from 9 a.m. to 7 p.m., and Saturday from 9 a.m. to 2 p.m. we also encourage members to reach out via phone at 734-475-3416 for any inquiries. As we look ahead, American 1 remains committed to being your trusted financial partner. We invite you to join us on this journey of growth and prosperity. Experience the difference with American 1 today!

Branch Location & Accessibility

Welcome to American 1, your friendly neighborhood credit union located at 1255 S Main St, Chelsea, MI 48118. Our branch is easily accessible and perfectly situated near local landmarks, making it a convenient stop for your banking needs. Whether you're running errands or just passing through town, you'll find us right on Main Street. At American 1, we understand how important accessibility is for our members. Our branch features ADA-compliant facilities, ensuring everyone can access our services with ease. Plus, there's ample parking available for both cars and bikes, so you can visit us without any hassle. We're proud to offer a range of personal banking services tailored to meet your needs from checking and savings accounts to auto loans and mortgages. You can also take advantage of our ATM availability for quick cash withdrawals and balance checks. Although we don't have a drive-thru service at this location, our friendly staff is always ready to assist you inside. Our operating hours are designed to fit your busy schedule. We're open Monday through Thursday from 9 a.m. to 6 p.m., Friday from 9 a.m. to 7 p.m., and Saturday from 9 a.m. to 2 p.m., so you can stop by when it's most convenient for you. While members can visit us at the Chelsea branch for all their banking needs, official correspondence should be sent to the same address: 1255 S Main St, Chelsea, MI 48118. If you have any questions or need assistance, don't hesitate to call us at 734-475-3416. We look forward to welcoming you into our community!

Member Eligibility

Joining the family at American 1 is more than just opening an account it's about becoming part of a community that truly cares. If you live, work, worship, or attend school in the Chelsea area, you're already eligible to become a member! This friendly approach means that whether you're just starting out or looking to enhance your financial journey, we're here for you. At American 1, members enjoy a variety of services tailored to their needs, from checking and savings accounts to loans and credit cards with rewards. Getting started is simple! You can visit us at our branch located at 1255 S Main St Chelsea Mi 48118 or give us a call at (734) 475-3416 for any questions you might have. For more detailed information on eligibility criteria, feel free to check out our website at . And when you're ready to open your account, you can easily do so by visiting this link: http://www.american1cu.org/loan-application. We can't wait to welcome you into the American 1 community!

Business Banking & Commercial Services

Our Commitment to Businesses

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. - With an outstanding commercial loan portfolio of $448,081, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, our merchant services provide practical solutions for daily operations. Imagine easily accepting payments from customers both in-store and online without hassle. This means more convenience for your customers and better cash flow for your business. If you're ready to take your business to the next level, visit us at 1255 S Main St Chelsea Mi 48118 or call us at (734) 475-3416. Together, let's make your business goals a reality!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Convenience extends beyond traditional banking hours with our ATM & Cash Withdrawal Services available at various locations. Whether you're out running errands or heading out on an adventure, accessing cash has never been easier. At American 1 in Chelsea, MI, we strive to empower our members by providing comprehensive financial services that cater to all aspects of life be it personal or professional. For more information about how we can assist you further or if you have any questions about specific services mentioned above, don't hesitate to reach out at 734-475-3416. Ready to take control of your finances? Visit us today or check out our website at www.american1cu.org for more details!

Auto Loans & Vehicle Financing

Thinking about getting a new car? Our Auto Loans & Vehicle Financing services make it easy to hit the road without breaking the bank. With competitive rates and flexible terms, we can help you drive away in the vehicle you've always wanted. Picture yourself behind the wheel, enjoying every moment on the road while knowing you're making a smart financial choice.

Business Banking

For business owners, we offer specialized Business Banking services including Merchant Services & Business Loans. Whether you're launching a new venture or looking to grow an existing business, our tailored solutions can support your goals and help streamline your operations.

Credit Cards with Rewards

Don't forget about our Credit Cards with Rewards! These cards not only provide purchasing power but also reward you for spending. From cash back offers to travel perks, they add extra value to your everyday purchases. Imagine earning rewards simply by using your card for regular expenses!

Mortgage Loans & Refinancing

If homeownership is on your horizon or if you're considering refinancing your current mortgage, our Mortgage Loans & Refinancing options are here for you. We understand that purchasing a home is one of the biggest decisions you'll ever make. Our dedicated team will guide you through every step of the process, ensuring you get the best possible deal tailored to your budget.

Online & Mobile Banking

In today's fast-paced world, managing finances on-the-go is essential. Our Online & Mobile Banking features allow members to check balances, transfer funds, and pay bills right from their devices. With just a few taps on your phone or clicks online, banking becomes effortless and fits seamlessly into your busy life.

Personal Banking

For those who want to simplify their finances, our Personal Banking options are designed with you in mind. We offer various Checking & Savings Accounts that can help you save for that dream vacation or just keep your everyday expenses organized. Imagine having the peace of mind that comes from knowing your money is safe and accessible whenever you need it.

Personal Loans & Debt Consolidation

Sometimes life throws unexpected expenses our way. That's where our Personal Loans & Debt Consolidation come into play. Whether you need funds for a special event or want to consolidate existing debts into one manageable payment, we have solutions designed to relieve stress and give you financial freedom.

Digital & Online Banking

Convenience at Your Fingertips

For those who prefer using their smartphones for payments, we offer mobile payments that let you make transactions effortlessly at participating merchants. Imagine leaving your wallet at home but still being able to pay for your coffee or groceries all through your phone! Our user-friendly digital banking tools empower you to manage your accounts in real-time, providing you with instant insights into your spending and savings. Whether you're at home or on the move, American 1 ensures that your banking experience is as smooth as possible. With all these features designed for ease-of-use and accessibility, why not take advantage of everything we have to offer? Explore the full range of our digital services today by visiting https://www.american1cu.org/ and discover how American 1 can simplify your banking experience!

Key Services

Our online banking services are available 24/7, allowing you to check balances, transfer funds, and pay bills whenever it suits you. Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick. Plus, with our mobile application available for download, you can take all these features on the go! Security is our top priority. We use electronic signature authorization for transactions, ensuring that your sensitive information is protected every step of the way. You can also opt for e-statements, which not only help reduce paper clutter but also allow you to keep track of your financial activities securely online.

Financial Strength

A Solid Foundation

With a net worth of $101,561,233, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,504 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Committed Team

We also take pride in having 276 full-time employees and 4 part-time employees who are always ready to serve you with a knowledgeable, committed team. This ensures you receive personalized service whenever you visit us at 1255 S Main St Chelsea Mi 48118 or reach out by calling (734) 475-3416.

Investing in Your Future

With $89,539,654 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; we have $17,945 in used auto loans and $465,910,355 in total loans and leases to support your financial goals across various sectors.

Member Trust

Our commitment to your financial well-being is reflected in our total share accounts of 142,496, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, American 1 is your trusted partner. Visit us at 1255 S Main St Chelsea Mi 48118 or call (734) 475-3416 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $107,611,241 in share certificates and $63,623,230 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $56,195,133, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Loan Offering

At American 1, we understand that everyone has unique financial needs and goals. Whether you're looking to buy a new car, refinance your home, or manage your day-to-day expenses, we offer a variety of loan products designed to help you succeed. Our branch located at 1255 S Main St, Chelsea, MI 48118 is here to assist you with personalized service and competitive rates. With over 54041 loans issued, we've helped thousands of members achieve their financial goals. Our auto loans are particularly popular; if you're looking to buy a new car, our offerings come with some of the lowest rates in the industry. We have already issued over $276,058,074 in used vehicle loans and $20,153,468 in new vehicle loans to help members get on the road. Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $7,261,561, making it simple for you to buy or refinance your home. For those needing flexibility in managing finances, we also provide unsecured credit card loans with a total of $103,573,641 available to help you navigate everyday expenses. If you're a business owner looking for capital to grow and expand, our outstanding commercial loans totaling $448,081 can provide the support you need. Additionally, if you are interested in our credit lines, we offer a total of $45,000,000, ensuring that you have access to funds when you need them most. At American 1 Credit Union, we prioritize transparency and accessibility. If you're considering refinancing or exploring eligibility options for any of our loan products, don't hesitate to reach out. You can contact us at 734-475-3416 for more information or visit our website at www.american1cu.org. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you find the right loan that fits your needs today!

Loan Aggregator

Ensuring 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 that users receive fair and transparent offers. By using verified data from legitimate financial institutions, LendMesh promotes trust in its comparisons.

Key Benefits of Using LendMesh

- Verified Data: Every loan offer comes from authorized financial institutions, guaranteeing transparency in the options available. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. The aim is to provide unbiased results that truly reflect the best options for users. - Real-Time Rate Comparisons: The platform offers up-to-date loan rates from multiple institutions, equipping users with the information they need to make sound financial choices. 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 kind of feedback highlights the effectiveness and reliability of LendMesh as a comparison tool. 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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