Centric Credit Union Monroe LA | Low Mortgage Rates & Auto Loans

Introduction

At Centric, we believe that banking should be more than just transactions; it's about building lasting relationships with our members and community. Located at 1801 Louisville Ave, Monroe, LA 71201, our branch has been serving the residents of Monroe since 1937. With a strong membership base of 39,333 and total assets reaching an impressive $385,404,182, we are committed to providing personalized financial solutions that meet your needs. While you can visit us at our Monroe branch for all your banking needs, please note that any official correspondence should be sent to our mailing address at 213 Expo Cir, West Monroe, LA 71292-9414. Our dedicated team of 121 employees, led by CEO Troyce Parker and Board President Joseph Phillips, is here to ensure you have a positive experience every time you connect with us. We offer a variety of services including personal and business loans, checking and savings accounts, credit cards with rewards, and more all designed to empower you financially. With total deposits of $40,331,437 and a robust net worth of $50,333,418, we prioritize your security and peace of mind. Our focus on community impact is evident in our commitment to offering accessible banking options like online and mobile banking, ensuring you can manage your finances conveniently from anywhere. Whether you're looking to finance a new vehicle or save for your future, Centric is here for you. We invite you to reach out to us at (318) 340-9656 or explore more about our offerings by visiting our website at mycentric.org. Join us in building a brighter financial future together!

Branch History & Mission

Join Us

As we continue to grow and serve the people of Monroe and beyond, we invite you to experience what makes Centric special. Whether you're looking for personal banking or business services, we're ready to welcome you into our family. Come visit us today or call us at 318-340-9656 to learn more about how we can help you achieve your financial dreams!

Our Evolution

Since opening our doors, Centric has achieved significant milestones that reflect our commitment to excellence and community service. With total assets now standing at an impressive $385,404,182, we have consistently focused on providing accessible financial services that meet the diverse needs of our members. As we grew, so did our offerings expanding from basic savings accounts to a full range of personal banking solutions including auto loans, mortgages, credit cards with rewards, and business banking services. Our headquarters in West Monroe serves as the heart of our operations, ensuring that we maintain close ties with our local community while focusing on innovative solutions. With advancements in technology like online banking and mobile payments available to our members, we strive to make banking as convenient as possible. We also ensure our services are ADA compliant and accessible to everyone.

Our Mission

At Centric, our mission is clear: to empower our members through education and personalized financial solutions while fostering a strong sense of community. We believe that everyone deserves access to quality financial services that can help them navigate life's challenges and opportunities. Whether you need assistance with budgeting or you're looking for guidance on home financing options, we're here for you every step of the way. Our dedicated team is passionate about supporting not just individual aspirations but also broader community initiatives through partnerships and outreach programs. While members can visit us at 1801 Louisville Ave for all their banking needs including ATM access we also encourage official correspondence to be sent to our mailing address at 213 Expo Cir, West Monroe, LA 71292-9414 if different from the branch address.

Branch Location & Accessibility

Welcome to Centric at our Mid City Monroe branch, conveniently located at 1801 Louisville Ave, Monroe, LA 71201. Nestled in the heart of Ouachita County, our branch is easily accessible and positioned near notable landmarks that make it a convenient stop for all your banking needs. Whether you're visiting us after a day at the local park or on your way home from shopping, we're here to serve you. While members can visit us at our Monroe location, please note that official correspondence should be sent to our mailing address at 213 Expo Cir, West Monroe, LA 71292-9414. Our branch is committed to providing a welcoming experience with ample parking and easy access features designed for everyone. You'll find ADA-compliant ramps and facilities that ensure comfort for all visitors. We understand that your time is valuable. That's why we offer flexible operating hours to fit your busy schedule. Although our specific hours are still being finalized, rest assured that we're dedicated to making banking as convenient as possible for you. At Centric, we pride ourselves on offering a wide range of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. Need quick cash? Our ATM is available for withdrawals and balance checks when you need them most. For those who prefer in-person banking, we also provide basic shared branch transactions, allowing members of partner credit unions to make deposits and withdrawals seamlessly. If you have any questions or would like assistance, don't hesitate to reach out! You can contact us directly at 318-340-9656. We look forward to welcoming you into our branch soon come visit us today!

Member Eligibility

At Centric, we're excited to welcome new members into our vibrant community! Joining us is simple and open to anyone who lives, works, worships, or attends school in the Monroe area. We believe that everyone deserves access to financial resources that can help them thrive. Whether you're looking for a checking account, a loan for your dream car, or just want to be part of a supportive network, becoming a member is your first step. For more specific details on eligibility criteria, feel free to check out our resource at . Opening an account with us is a breeze! Just give us a call at (318) 340-9656, and our friendly team will guide you through the process. You'll find that at Centric, we prioritize your needs and are here to help you every step of the way. Our location at 1801 Louisville Ave Monroe La 71201 makes it convenient for you to visit us anytime. Join us today and experience the benefits of being part of something special!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, we offer merchant services tailored to your needs. Imagine being able to accept payments effortlessly while managing your cash flow more efficiently. Our solutions simplify payment processing, making it easier for you to focus on what really matters growing your business. Visit us at 1801 Louisville Ave Monroe La 71201 in Monroe, LA, or call us at (318) 340-9656 to learn how we can assist you in achieving your business goals!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $146 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $5 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $30,885,492, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM Services

Need cash? We have ATMs available for easy withdrawals and balance checks whenever you need them. Plus, if you're a member of one of our partner credit unions, basic shared branch transactions like deposits and withdrawals are also available for added convenience.

Business Banking

If you're a business owner, we provide essential services like merchant services and business loans to help you thrive. From managing cash flow to expanding your operations, our business banking solutions are crafted with entrepreneurs in mind.

Credit Cards and Rewards

Looking for a credit card that rewards you? Our credit cards come with attractive rewards programs designed to benefit your lifestyle. Whether you're making everyday purchases or planning a special trip, you can earn points that add up quickly.

Digital Banking Convenience

In today's fast-paced world, having access to your finances at your fingertips is crucial. That's why we offer online and mobile banking features. With just a few taps on your phone or clicks on your computer, you can check balances, transfer funds, pay bills, and even deposit checks from the comfort of your home or on the go.

Get in Touch

We invite you to explore these services further by contacting us at 318-340-9656 or visiting our website at mycentric.org. At Centric in Monroe, we're committed to helping you achieve your financial goals with personalized service every step of the way!

Mortgage Solutions

Thinking about buying a home? We offer mortgage loans and refinancing options tailored to fit your budget. Our experienced loan officers are here to guide you through every step of the process. You'll feel confident knowing you have support from start to finish.

Personal Banking

Our personal banking services start with checking and savings accounts that offer great interest rates and low fees. We know that life can be unpredictable, so our personal loans and debt consolidation options help you manage expenses and get back on track when needed. If you're dreaming of a new car, our auto loans and vehicle financing options make it easy to hit the road in style without breaking the bank.

Digital & Online Banking

Key Services

With just a few clicks at https://www.mycentric.org/ , you can access a range of features designed with you in mind. Our 24/7 online banking services mean that you can check balances, transfer funds, and pay bills whenever it suits you best. Plus, our mobile application offers a user-friendly interface that ensures your banking experience is straightforward and efficient. For those who prefer managing their statements digitally, we offer e-statements that allow you to review your account activity without the clutter of paper. You can also take advantage of our electronic signature authorization, making it simpler than ever to sign documents securely from the comfort of your home.

Security and Convenience

Your security is a top priority for us. Our digital banking tools come equipped with advanced security measures to protect your personal information. You can feel confident knowing that your financial data is safe while you enjoy the convenience of banking from anywhere. Our mobile payments feature allows you to make transactions quickly and securely through your smartphone, while person-to-person transfers let you send money easily to friends or family without any hassle. With all these options available at Centric, managing your finances has never been easier or more accessible. Join us today and discover how our digital services can enhance your banking experience!

Financial Strength

Growing Member Base

The trust placed in us by our community is shown through our total share accounts of 72,270, demonstrating a strong and growing member base that values what we offer. Our net shares amount to $0, reflecting funds available 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, Centric is your trusted partner. Visit us at 1801 Louisville Ave Monroe La 71201 or call (318) 340-9656 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Members' savings are secured through $125,171,464 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $18,940,508, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to operational efficiency is evident with a net income of $2,063,575, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 117 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Your Future

With $40,715,971 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, our capacity to support your financial goals is reflected in our lending activities: we have $5,677 in used auto loans and $305,302,539 in total loans and leases.

Solid Financial Health

With a net worth of $50,333,418, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,306 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Support

If you're considering refinancing any existing loans or exploring eligibility options for our various products, please don't hesitate to reach out. Our experienced staff at Centric, located at 1801 Louisville Ave Monroe La 71201, Monroe, LA, can guide you through available options that might better suit your needs. We invite you to contact us at (318) 340-9656 for more information about any of our loan products or visit our website at https://www.mycentric.org/ for additional resources. 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 Centric, we're committed to supporting your journey toward financial success with reliable products and personal service tailored just for you.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $108,543,684 in used vehicle loans and $37,689,760 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 car, our team is here to help you navigate your options.

Business Loans

For business owners, our outstanding commercial loans totaling $30,885,492 provide the capital needed to grow and expand your business. Whether you need funds for equipment purchases or operational costs, our dedicated team is ready to assist you in achieving your business objectives.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $7,801,530, make buying or refinancing simple. We provide personalized service to ensure you understand every step of the process and can make informed decisions.

Unsecured Credit Card Loans

Managing daily expenses can sometimes be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $4,965,351 in loans helping members manage their finances effectively. These cards come with competitive rates and rewards programs designed to give you value with every purchase.

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 commitment ensures that all offers presented are fair and transparent. Each lender's information is regularly updated to reflect current rates and terms, allowing users to view accurate options tailored to their needs.

CENTRIC FEDERAL CREDIT UNION - Monroe, LA