Ashland Credit Union Cottage Grove MN | Low Mortgage Rates & Auto Loans

Introduction

Welcome to the Cottage Grove Branch of Ashland Credit Union, your trusted financial partner since 1942. Located at 8711 E Point Douglas Rd S Ste 101, Cottage Grove, MN 55016, we are committed to serving our community with integrity and care. With over 44,000 members and total assets exceeding $402 million, we pride ourselves on being a reliable resource for all your banking needs. At Ashland Credit Union, we understand that managing your finances is personal. That's why we offer a wide range of services tailored to fit your lifestyle, including checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. Our dedicated team, led by CEO Larry Lucas and Board President Marita Werner, is here to provide you with personalized solutions that help you achieve your financial goals. While members can visit us at our Cottage Grove branch for in-person assistance or to use our ATM and drive-thru services, official correspondence should be sent to the same address listed above. With total deposits amounting to $45.4 million and net worth standing at $46.9 million, our strong financial foundation reflects our commitment to the members we serve. We invite you to explore the many ways Ashland Credit Union can support your financial journey. If you're looking for an engaging and friendly banking experience, don't hesitate to give us a call at 651-459-1061 or visit us online at ashlandcu.org. Your future starts here!

Branch History & Mission

Our Journey

Since our inception in 1942, Ashland Credit Union has continually evolved to meet the needs of our members. From humble beginnings focused on basic banking services, we've expanded our offerings to include everything from personal banking and auto loans to business financing and mortgage options. Our history is marked by significant milestones that reflect our dedication to innovation and member satisfaction. As we navigated changes in technology and member expectations, we embraced digital advancements to ensure convenient access to services. Today, we offer online banking, mobile payments, and electronic statements making it easier than ever for you to manage your finances.

Our Mission

At Ashland Credit Union, our mission is clear: We strive to empower our members through exceptional financial products and personalized service while actively contributing to the well-being of the communities we serve. We believe that everyone deserves access to quality financial resources that can help them achieve their dreams. Our branch is not just about transactions; it's about building relationships. We understand the importance of community support and engage in various outreach efforts aimed at enhancing local lives. Whether it's providing educational workshops or partnering with local organizations, we are dedicated to making a positive impact.

Visit Us

While members can visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016, official correspondence should be sent to 8711 E Point Douglas Rd S Ste 101, Cottage Grove, MN 55016-5031 if different. You can reach us at 651-459-1061 during our operating hours from 9 am to 5 pm Central Time. We also provide ATM access for your convenience and a drive-thru banking service for quick transactions. We invite you to join Ashland Credit Union today! Experience firsthand how we're more than just a financial institution we're your partners in achieving financial success. Visit us online at ashlandcu.org or stop by our Cottage Grove Branch to learn more about how we can support you on your financial journey!

Branch Location & Accessibility

Call to Action

We invite you to stop by the Ashland Cottage Grove Branch today! Feel free to call us at 651-459-1061 if you have any questions or need assistance. Experience how easy banking can be when it's personalized just for you!

Convenient Access and Features

At Ashland, we prioritize your convenience. Our branch offers ample parking with easy access for everyone, including features that comply with ADA standards, ensuring that all members can enter our facility comfortably. If you're in a hurry, take advantage of our drive-thru service for quick deposits and withdrawals without leaving your vehicle. While you can visit us at the branch address above, if you need to send official correspondence, please use our mailing address: 8711 E Point Douglas Rd S Ste 101, Cottage Grove, MN 55016-5031.

Operating Hours

We're open Monday through Friday from 9 AM to 5 PM Central Time. Our friendly staff is ready to assist you during these hours with a wide range of services designed just for you.

Services Tailored for You

At Ashland, we offer various personal and business banking services tailored to meet your needs. From checking and savings accounts to auto loans and credit cards with rewards, we strive to provide solutions that fit your financial goals. Our ATM is available for quick cash withdrawals or balance checks whenever you need them.

Member Eligibility

At Ashland, we believe that everyone deserves a chance to be part of a caring community where your financial needs are prioritized. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the Cottage Grove area, you're likely eligible to join us. We also encourage family members of current members to apply. This means that by joining Ashland, you gain access to our personalized services, competitive rates, and a supportive team dedicated to helping you thrive financially. To get started on your journey with us, check out the detailed eligibility criteria at . It's straightforward and designed to ensure that everyone feels included. When you're ready to open an account, just visit us at our branch located at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016, or give us a call at (651) 459-1061 for any questions you might have. We're excited to welcome you into our family!

Business Banking & Commercial Services

Merchant Services that Matter

In addition to loans, we offer merchant services that help streamline your payment processes. Imagine having a reliable system that allows you to accept payments easily, enhancing customer satisfaction and boosting sales. Our services ensure that you can focus on what matters most growing your business while we take care of the financial details. Visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016 in Cottage Grove, MN, or give us a call at (651) 459-1061 to learn more about 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 $11 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 $1,665,969, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Drive-Thru Services

We know that sometimes you just need quick access to cash or need to handle simple transactions on the go. That's why we provide ATM services for withdrawals and balance checks as well as basic drive-thru banking where you can make deposits and withdrawals without leaving your car. Our branch operates with accessibility in mind; whether it's through digital solutions or in-person services at our location in Cottage Grove, we strive to meet your banking needs efficiently. If you're ready to explore how Ashland can support your financial goals or if you have any questions about our services, don't hesitate to reach out! Call us today at (651) 459-1061 or visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016. Your journey toward better financial health starts here!

Business Banking

For small business owners, Ashland also offers robust business banking services. Our merchant services streamline transactions while our business loans give you the funding needed to grow your enterprise.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we've equipped Cottage Grove Branch with online and mobile banking features that let you manage your finances from anywhere. With easy access to your accounts via our mobile app or online portal, you can pay bills, transfer money, and even use person-to-person payment services right from your phone.

Personal Banking

Starting with personal banking, we offer a variety of checking and savings accounts designed to help you manage your money effectively. For those looking to purchase a vehicle or need financing, our auto loans provide flexible terms and competitive rates tailored just for you. If home ownership is on your mind, consider our mortgage loans and refinancing options that can make your dream home a reality. In addition, we understand that life can sometimes throw unexpected expenses your way. That's why we provide personal loans and debt consolidation options to help you get back on track without added stress. And if you're someone who enjoys rewards for spending, check out our credit cards that offer various benefits.

Digital & Online Banking

Access Your Accounts Anytime

Our robust online banking platform at https://www.ashlandcu.org/ lets you check your account balances, review transactions, and transfer funds at your convenience. Plus, with our 24/7 online banking services, you can manage your money on your schedule whether it's early morning or late at night.

Mobile Banking at Your Fingertips

Don't forget about our mobile application! Available for download, it provides all the features you need right in your pocket. Whether you're checking balances or making payments, our app keeps everything simple and accessible. In summary, at Ashland, we strive to provide banking solutions that fit seamlessly into your busy life while ensuring security and ease of use. Explore all our digital services today and experience financial management like never before!

Securely Sign Documents Electronically

With electronic signature authorization, signing important documents has never been easier or more secure. You can complete transactions without needing to visit the branch in person, making everything quicker and more efficient.

Simplify Payments and Transfers

Need to send money to a friend? Our person-to-person transfers make it quick and easy to send cash directly from your account. Plus, if you're always on the go, our mobile payments feature allows you to pay for purchases directly from your phone no wallet required!

Stay Organized with E-Statements

Say goodbye to paper clutter! With our e-statements available, you can easily track your financial activity without the hassle of physical statements. This not only helps keep your records organized but also contributes to a greener environment.

Financial Strength

At Ashland, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We want you to feel confident in your choice to bank with us, knowing we are committed to maintaining a strong financial foundation. With a net worth of $46,874,181, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,164 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $166,473,725 in share certificates and $97,437,656 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. With $46,464,679 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 $4,294 in used auto loans and a total of $293,931,371 in loans and leases available to support your financial goals across various sectors. 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 84 full-time employees and 4 part-time employees who are always ready to serve you with a knowledgeable, committed team. In total, we manage 72,877 share accounts that show a strong and growing member base trusting us with their finances. Our net shares amount to $1,187,611, reinforcing our capability for lending and investments. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ashland is your trusted partner. Visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016 or call (651) 459-1061 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $75,823,766 in used vehicle loans and $36,842,671 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, ensuring you can find the perfect fit for your budget.

Credit Lines and Commercial Loans

If you're interested in securing additional funds for personal projects or business ventures, our total credit lines amounting to $55,886,569 provide accessible options. For business owners, our outstanding commercial loans totaling $1,665,969 provide the capital needed to grow and expand. At Ashland, we're committed to supporting our members every step of the way. Our team is ready to discuss refinancing options or eligibility requirements tailored specifically for you. Feel free to reach out at (651) 459-1061 or visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016 in Cottage Grove, MN. 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 take the next step toward your financial future!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $52,055,534, make buying or refinancing simple. We offer various mortgage products tailored to meet different needs, and our team is here to guide you through each step of the process.

Unsecured Credit Card Loans

For those looking for flexibility in managing everyday expenses, we also offer unsecured credit card loans. With a total of $6,018,537 in loans helping members manage their finances effectively, our credit cards come with rewarding benefits and competitive rates.

Loan Aggregator

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 means users receive fair and transparent offers without hidden fees or surprises. LendMesh takes pride in its commitment to reliability and transparency. Here are some key features that build trust: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. Users can feel secure knowing they are comparing accurate and up-to-date information. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. Every offer displayed is based solely on merit, allowing users to make decisions based on what truly benefits them. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, users can easily track the best options available. This feature helps individuals make informed decisions tailored to their financial needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Testimonials like this highlight the effectiveness of LendMesh in helping borrowers secure better deals. 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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