Caribe Credit Union Ponce PR | Affordable Auto Loans & Business Banking

Introduction

At Caribe Credit Union, we believe in building strong financial futures for our members and the community. Established in 1951, our Ponce Branch at 1233 Ave Hostos is dedicated to providing personalized banking solutions tailored to meet your needs. With over 55,581 members, we are proud to serve as a trusted partner in your financial journey. Our commitment goes beyond just banking; with total assets of $699,475,328 and total deposits of $11,189,439, we strive to create opportunities that empower you and foster economic growth within our community. Whether you're looking for auto loans, mortgage options, or personal banking services, we have you covered with 38,376 loans made available to our members. Led by our experienced CEO Jorge Vadell and Board President Benito Rodriguez, our team of 149 dedicated employees is here to ensure you receive the best service possible. We understand that every member's financial situation is unique, which is why we offer a range of services including online and mobile banking for your convenience. While members can visit us at our branch location in Ponce, official correspondence should be sent to Hostos Avenue 1233, Ponce, PR 00717-0953. If you have any questions or need assistance, don't hesitate to reach out to us at 787-474-5151. Join us today at Caribe Credit Union and let's work together towards achieving your financial goals! For more information about our services, please visit our website.

Branch History & Mission

Community Engagement

We are dedicated not only to serving our members but also actively participating in community events and partnerships. Through various outreach programs, Caribe supports local schools, charities, and organizations aimed at enhancing the quality of life in Ponce. By working together with other community leaders and organizations, we strive to create opportunities for everyone. In addition to traditional banking methods, Caribe embraces technology to ensure convenience and accessibility for all members. With online banking options, mobile payments, and ATM services available at our branch and even drive-thru banking for quick transactions we prioritize your time and comfort. As we look towards the future, we invite you to join us on this journey. Experience the benefits of being part of Caribe where your financial dreams can become reality within a supportive community framework. Reach out today at 787-474-5151 or visit us online at caribefederal.com to learn more about how we can serve you better!

Our Mission

At the heart of Caribe's mission is a commitment to foster financial stability and growth within our community. We aim to deliver personalized banking experiences while ensuring every member feels valued and understood. Our mission extends beyond just providing financial services; it includes supporting local initiatives and outreach programs that uplift those around us. We believe in making a positive impact on lives by being more than just a bank we're a partner invested in your success. For any official correspondence, please note that while you can visit us at 1233 Ave Hostos, mail should be directed to Hostos Avenue 1233, Ponce, PR 00717-0953.

Branch Location & Accessibility

Convenient Access and Amenities

At Caribe, we understand that accessibility is key. Our branch features ADA-compliant entrances and parking spaces to ensure everyone can visit us comfortably. Additionally, we offer a drive-thru service for your convenience, allowing you to handle deposits and withdrawals without leaving your vehicle. You'll find plenty of parking available nearby, so you can easily pop in during our operating hours: Monday through Friday from 7:15 AM to 3:45 PM and Saturday from 7:15 AM to 3:30 PM. If you have any questions or need assistance, don't hesitate to call us at 787-474-5151; our team is always ready to help.

Services Offered

At the Ponce Branch of Caribe Credit Union, we provide a range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgages, we're here for all your banking requirements. Plus, with ATM availability right at the branch, accessing your funds has never been easier! While members can visit us at 1233 Ave Hostos Ponce Pr 00717, official correspondence should be sent to our mailing address at Hostos Avenue 1233, Ponce, PR 00717-0953. We invite you to stop by or give us a call today! Experience firsthand how we can support your financial journey.

Member Eligibility

At Caribe, we believe that everyone deserves a chance to be part of a supportive community where financial goals can flourish. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the Ponce area, you are already eligible to join us. We take pride in offering our members a range of benefits, from competitive loan rates to personalized service that makes banking feel less like a chore and more like a partnership. To learn more about the specific eligibility criteria and ensure you meet all requirements, feel free to check out our detailed guide at . When you're ready to open an account, just give us a call at (787) 474-5151 or stop by our branch located at 1233 Ave Hostos Ponce Pr 00717. We can't wait to welcome you into our family and help you achieve your financial dreams!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $93 in commercial loans for our members, helping businesses scale and succeed. This funding has empowered local entrepreneurs to invest in new equipment, hire more staff, and enhance their services. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions designed to meet diverse needs. - With an outstanding commercial loan portfolio of $16,483,224, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make a Difference

In addition to loans, we offer comprehensive merchant services that simplify transactions for your business. Imagine having the ability to accept payments seamlessly from customers via credit cards or mobile payments, all while keeping track of your sales effortlessly. Our tools are designed to make everyday operations smoother so you can focus on what you do best running your business. Visit us at 1233 Ave Hostos Ponce Pr 00717 in Ponce, PR, or call us at (787) 474-5151 to discover how we can partner with you on your journey to success.

Comprehensive List Of Services

Easy Access Anytime, Anywhere

At Caribe, we believe in making banking as convenient as possible. Our ATM & Cash Withdrawal Services ensure you have access to your funds when you need them most. You can also take advantage of basic drive-thru banking for quick transactions like deposits and withdrawals without leaving your car.

Home Sweet Home

Thinking about purchasing a new home or refinancing your current mortgage? Our Mortgage Loans & Refinancing services make it easier than ever. With competitive rates and friendly guidance throughout the process, we help turn the dream of homeownership into reality.

Join Us Today!

Our doors are open Monday through Saturday, ensuring you have plenty of opportunities to connect with us. If you have any questions or want to learn more about how we can assist you, please don't hesitate to reach out at (787) 474-5151. Discover how easy banking can be with Caribe where our members are always our top priority! Visit us online at Ponce Branch for more information.

Personal Banking Made Easy

We understand that managing your money can be overwhelming at times. That's why we offer Personal Banking options like checking and savings accounts designed to fit into your lifestyle. Imagine having a reliable place for your funds while also earning interest on your savings! Additionally, our Auto Loans & Vehicle Financing allow you to hit the road with confidence, providing flexible terms that suit your budget.

Rewards and Convenience

Don't forget about our Credit Cards with Rewards! These cards not only offer great benefits but also allow you to earn points on everyday purchases. Plus, managing your credit card is easy through our Online & Mobile Banking features check balances, pay bills, and track rewards right from your smartphone.

Simplifying Your Finances

If you're facing challenges with debt, our Personal Loans & Debt Consolidation options can help you regain control of your finances. We provide solutions that are straightforward and manageable, allowing you to focus on what truly matters.

Support for Businesses

For our business members, we provide tailored solutions through our Business Banking services which include merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we're here to support your success.

Digital & Online Banking

Key Features for You

Our online banking platform allows you to manage your accounts with ease. Whether you're checking your balance, transferring funds, or paying bills, everything is just a click away. You can also enjoy the benefits of e-statements, which are available for all members. This feature not only helps you stay organized but also reduces paper clutter in your home. For added convenience, our mobile application makes banking on-the-go a breeze. You can easily make person-to-person transfers, allowing you to send money to friends and family quickly and securely. Plus, if you're someone who enjoys using digital wallets, our mobile payments feature ensures that you can pay for purchases directly from your phone.

Security You Can Trust

Your security is our top priority at Caribe. We use advanced electronic signature authorization to keep your transactions safe and secure. This means you can confidently sign documents online without worrying about unauthorized access. With these user-friendly features, managing your finances has never been easier or more secure. Join us at Caribe and experience the ease of modern banking!

Financial Strength

Commitment to Growth

Our financial strength is bolstered by $61,934,494 in undivided earnings, which we reinvest into innovative banking tools and better lending options. With $7,434 in used auto loans and $541,481,352 in total loans and leases, we are equipped to support your financial goals across various sectors.

Growing Member Base

The trust placed in us by our community is evident with a total of 74,496 share accounts. This strong membership base reflects the confidence our members have in managing their finances with Caribe. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Caribe is your trusted partner. Visit us at 1233 Ave Hostos Ponce Pr 00717 or call (787) 474-5151 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are secure with us through $222,327,209 in share certificates, which offer stable and rewarding growth opportunities. While we focus on serving our members, we also manage $205,930 in non-member deposits, which help strengthen our resources and enhance the benefits available to you.

Solid Financial Foundation

With a net worth of $81,380,389, we maintain robust financial health. This strength allows us to support our community effectively and continue offering competitive products tailored to your needs. Our net worth ratio of $1,147 further demonstrates our solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Operational Efficiency

Our performance is reflected in our $9,649,204, showcasing our operational efficiency that enables us to keep providing competitive loan rates and solid financial products for our members. We take pride in having 148 full-time employees and 1 part-time employees who are dedicated to serving you with knowledge and commitment.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $157,674,806 in used vehicle loans and $116,901,035 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used vehicle, our team is here to assist you through every step of the process.

Business Loans

For business owners, our outstanding commercial loans totaling $16,483,224 provide the capital needed to grow and expand. Whether you need funds for inventory or equipment purchases, our experienced team can guide you through the application process.

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $18,620,020 in loans helping members manage their finances effectively. Our credit cards come with rewards and benefits designed to suit your spending habits while providing you with the financial flexibility you need.

Eligibility and Support

If you're not sure where to start or if you qualify for any of our loan products, feel free to reach out! You can contact us at 787-474-5151 for personalized assistance or visit us at our branch located at 1233 Ave Hostos Ponce Pr 00717. We're here to help you navigate your options and find the best fit for your financial situation. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Caribe, we prioritize transparency and support as you embark on your borrowing journey. Let us help you take the next step toward achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $966,560, make buying or refinancing simple. We work with you to find a solution that fits your budget and lifestyle. If you're considering refinancing your current mortgage, we have options available that may lower your payments or shorten your loan term.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from recognized financial institutions, ensuring complete transparency in what users see. - No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing 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 reflects the positive impact that LendMesh has had on its users' financial journeys. 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.

How LendMesh Ensures 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 verifying data from legitimate financial institutions, LendMesh delivers accurate information that users can trust.

CARIBE FEDERAL CREDIT UNION