Chessie Credit Union Frostburg MD | Affordable Auto Loans & ATM Access

Introduction

Welcome to Chessie, your trusted financial partner located at 100 Bishop Murphy Dr, Frostburg, MD 21532. Established in 1948, we have proudly served our community for over 75 years. With a strong commitment to our members, we currently support a vibrant community of 34,121 members and manage $406,849,680 in total assets. At Chessie, we understand that financial needs vary from person to person. That's why we offer a range of services tailored just for you from checking and savings accounts to auto loans and business banking solutions. Our dedication is reflected in the $73,078,701 in total deposits and the $50,560,088 net worth that provides our members with a sense of security and trust. Our leadership team is here to guide you every step of the way. Under the direction of CEO Scott Kline and Board President Walter Beall, our staff of 96 employees is passionate about helping you achieve your financial goals. Whether you're looking for a loan or need assistance with online banking, we're here to make your experience seamless. While you're welcome to visit us at our Frostburg branch, please note that if you need to send official correspondence, it should be directed to the same address listed above. Ready to take the next step? Give us a call at 301-689-6200, or visit us online at chessiefcu.org to explore our services and see how we can help you thrive financially!

Branch History & Mission

Community Engagement

Chessie is also deeply committed to giving back to the community. We actively participate in local outreach programs and partnerships that promote financial education and support various charitable initiatives. Our goal is not only to serve but also to uplift the communities we are part of. For those needing assistance outside regular hours, we offer convenient ATM access and drive-thru banking options to ensure you can access your funds when you need them most.

Join Us

As we continue on this journey, we invite you to become part of the Chessie family. Experience firsthand how we can help you achieve your financial goals while being an integral part of our vibrant community. Visit us at 100 Bishop Murphy Dr or call us at 301-689-6200 for more information on how to join or open an account today!

Our Mission

At the heart of Chessie's mission is a commitment to empower our members and enhance their financial literacy. We believe in making banking accessible for everyone, whether you're looking for personal banking solutions like checking and savings accounts or seeking auto loans and mortgages. Our aim is to provide services that foster economic growth within the community while also ensuring that each member feels valued and supported. We understand that banking is more than just transactions; it's about building relationships. That's why we strive to offer personalized service that meets the unique needs of each member. Our team is dedicated to creating a welcoming environment where you can confidently manage your finances.

Branch Location & Accessibility

Call to Action

If you have any questions or need assistance, don't hesitate to give us a call at 301-689-6200. We invite you to come visit us at our Frostburg location soon your banking experience awaits!

Operating Hours

We know that life can get busy! That's why our lobby hours are designed to fit into your schedule. You can visit us Monday through Wednesday from 9:00 AM to 5:00 PM, Thursday and Friday from 9:00 AM to 6:00 PM, and even on Saturday mornings from 9:00 AM until 12:30 PM.

Parking and Accessibility

We understand that accessibility matters. Our branch features ample parking with easy access to the entrance, including ramps for those who may need extra assistance. Inside, you'll find a welcoming environment that ensures everyone can navigate comfortably.

Services Offered

At Chessie, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we're equipped to assist you every step of the way. Plus, with our drive-thru service available for simple transactions, you can bank on-the-go without stepping inside.

Member Eligibility

Becoming a member of Chessie feels like joining a welcoming family that's dedicated to your financial well-being. If you're wondering whether you can join, the good news is that eligibility is straightforward! Whether you live, work, worship, or go to school in Allegany County, you're likely to qualify. Even if you're connected through family members who are already part of our community, you can still join us. This means more than just access to great financial products; it opens the door to personalized service and a supportive environment where your needs come first. Ready to take the next step? Opening an account at Chessie, located at 100 Bishop Murphy Dr Frostburg Md 21532, is easy and accessible. You can find all the details you need about eligibility and how to become a member by visiting this link. If you have any questions or want to talk with someone directly, feel free to give us a call at (301) 689-6200. We're here for you every step of the way!

Business Banking & Commercial Services

Merchant Services That Make Sense

Imagine having the ability to process payments seamlessly while managing your cash flow effectively. Our merchant services help businesses like yours handle transactions smoothly, ensuring that you can focus on what you do best growing your business. Whether it's in-store or online, we provide the tools you need for secure payments. If you're located at 100 Bishop Murphy Dr Frostburg Md 21532 in Frostburg, MD, come see how our business banking solutions can empower your enterprise. Reach us at (301) 689-6200 and let's discuss how we can work together for your success!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $137 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $18,167,696, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and business owners in our community, Chessie offers comprehensive business banking solutions. From merchant services that make transactions easy for your customers to business loans designed to help you grow or sustain your operations, we're invested in your success.

Convenient Access

Our members enjoy various convenient features such as ATM access for cash withdrawals and balance checks. With our drive-thru banking, simple transactions like deposits and withdrawals can be done quickly without leaving your vehicle. Whether you're visiting us in person or using our digital tools, we strive for accessibility at every turn. If you have any questions or need assistance, don't hesitate to call us at (301) 689-6200.

Credit Card Options

We also offer credit cards with rewards tailored for our members' everyday spending. Picture earning points on groceries or gas that can lead to exciting rewards it's just one way we aim to add value to your financial life.

Join Us Today!

With so many services tailored just for you, why wait? Visit us at 100 Bishop Murphy Dr Frostburg Md 21532 in Frostburg, MD**, explore what we offer online at our website, or stop by during our operating hours. We look forward to being part of your financial journey!

Personal Banking Solutions

For those looking to manage their day-to-day finances, our personal banking services include both checking and savings accounts designed for convenience and growth. Imagine having access to your funds anytime with our online and mobile banking options, allowing you to check balances, transfer money, and pay bills right from your smartphone. When it comes to financing big purchases like a car or home, we offer auto loans and vehicle financing as well as mortgage loans and refinancing options. Our competitive rates can help make these investments more affordable. Additionally, if you're facing unexpected expenses or want to consolidate debt, our personal loans can provide the support you need.

Digital & Online Banking

At Chessie, we understand that your time is valuable, which is why we offer a range of digital and online banking services designed to keep you connected and in control of your finances from anywhere. Our secure platform ensures that your banking experience is both convenient and safe. With our 24/7 online banking services available at https://www.chessiefcu.org/, you can easily manage your accounts whenever it suits you. Whether you want to check your balance, pay bills, or transfer funds, everything is just a click away. We also provide e-statements, allowing you to go paperless while keeping all your financial information organized and accessible. If you're on the go, our mobile application makes banking even easier. You can complete transactions right from your smartphone, giving you the flexibility to handle your finances wherever life takes you. And for those times when you need to send money quickly, our person-to-person transfers feature lets you send funds to friends and family in just a few taps. While convenience is essential, security is our top priority. Although we currently do not offer electronic signature authorization for documents, rest assured that all your transactions are protected with the latest security measures. For those who prefer using their mobile devices for payments, we're working towards introducing mobile payments in the future. Until then, enjoy the ease of managing your accounts through our app or website. At Chessie, we strive to provide an engaging and straightforward banking experience that meets your needs. Explore all these features today and take control of your financial journey with us!

Financial Strength

Commitment to Growth

With $38,088,727 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $4,042 in used auto loans and $259,971,188 in total loans and leases.

Growing Member Base

Total Share Accounts stand at 62,320, showcasing a strong and growing member base that trusts us with their finances. Our Net Shares (funds available for lending and investments) total $532,098, further enhancing our ability to support your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Chessie is your trusted partner. Visit us at 100 Bishop Murphy Dr Frostburg Md 21532 or call (301) 689-6200 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Members' savings are secured through $42,665,729 in share certificates and $25,503,142 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members' needs. 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.

Operational Efficiency

Our operational efficiency is reflected in our $1,378,939, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 93 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $50,560,088, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid footing is further underscored by our net worth ratio of 12.42%, demonstrating a strong capital base that ensures 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 $62,235,176 in used vehicle loans and $31,213,735 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we have options that fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $18,167,696 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges and are here to support you every step of the way. If you're considering refinancing any existing loans or would like to explore eligibility options for any of our products, don't hesitate to reach out. Our knowledgeable staff at our Frostburg branch is ready to assist you. Feel free to contact us at 301-689-6200, or visit us at 100 Bishop Murphy Dr, Frostburg MD 21532 for more information on 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.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,872,274, make buying or refinancing simple. We provide guidance throughout the process so you can focus on finding the perfect home rather than stressing over financing details.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $9,881,138 in loans helping members manage their finances effectively. This option allows you to make purchases while having peace of mind knowing that you have an affordable way to pay it back.

Loan Aggregator

Benefits of Using LendMesh

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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 approach ensures that users receive fair and transparent offers tailored to their financial needs.

CHESSIE FEDERAL CREDIT UNION - Frostburg, MD

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