Chiphone Credit Union Elkhart IN | Low Mortgage Rates & Quick Auto Loans

Introduction

Welcome to Chiphone, your trusted partner in financial growth and community support, located at 619 County Road 6 E, Elkhart, IN 46514. Since our establishment in 1947, we have proudly served our members with a commitment to providing personalized banking solutions tailored to your unique needs. With over 9,142 members and assets totaling $110,954,106, we are dedicated to fostering financial wellness within the Elkhart community. At Chiphone, we understand that every dollar counts. That's why our total deposits amount to $3,141,249, demonstrating our members' trust in us to safeguard their hard-earned money. Our focus extends beyond traditional banking; we offer a variety of services including auto loans, mortgage options, and credit cards with rewards all designed to help you achieve your financial goals. We currently manage a robust portfolio of 3,545 loans and leases, ensuring that we can assist you whether you're looking to purchase a new vehicle or consolidate debt. Our strength lies not only in our financial offerings but also in our leadership. Under the guidance of CEO Travis Mazur and Board President Terry Miller, we work tirelessly to maintain high standards of service while prioritizing the well-being of our members. With a dedicated team of 41 employees, we're here to assist you through every step of your banking journey. While members can visit us at our branch location for face-to-face interactions, official correspondence should be sent to the same address: 619 County Road 6 E, Elkhart, IN 46514-5570. Whether you're stopping by or giving us a call at 574-206-2151, know that we're here for you from Monday through Friday and even on Saturdays for your convenience. Join us at Chiphone where community matters and your financial future is our priority! Explore more about what we offer by visiting our website at www.chiphone.org or reach out today to find out how we can support your financial needs. Your journey towards financial empowerment starts here!

Branch History & Mission

Community Commitment

Chiphone is deeply rooted in the Elkhart community. We actively participate in local events and initiatives aimed at improving the quality of life for all residents. Whether it's sponsoring youth sports teams or hosting financial workshops, we are dedicated to giving back and strengthening our ties with the people we serve. As we look ahead, we invite you to join us on this journey. Experience the benefits of being part of Chiphone by becoming a member today! Together, we can build a brighter financial future for you and your family. Visit us online at Chiphone or stop by our branch during operating hours Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 5:30 PM, and Saturday from 9:00 AM to 12:00 PM to learn more about how we can assist you!

Mission Statement

At Chiphone, our mission goes beyond just providing financial services. We aim to empower our members by promoting financial literacy and offering resources that support economic growth within the community. Whether it's through partnerships with local organizations or outreach programs designed to educate families about budgeting and saving, we believe in making a real difference. We understand that every member's journey is unique. That's why we strive to tailor our offerings to meet individual needs while maintaining the highest level of customer service. Our team is always ready to listen and assist in achieving your financial goals. While members can visit us at 619 County Road 6 E, official correspondence should be sent to 619 County Road 6 E, ELKHART, IN 46514-5570. If you have questions or need assistance, please reach out to us at 574-206-2151.

Our Journey

From humble beginnings, Chiphone has evolved into a trusted credit union with a membership base of over 9,142 individuals and total assets exceeding $110 million. Located at 619 County Road 6 E, Elkhart, IN 46514, our branch is easily accessible for members seeking personal banking solutions. We're proud to offer services such as checking and savings accounts, auto loans, mortgages, personal loans, credit cards, and business banking options. Throughout the years, we've embraced changes in technology to enhance member experience. We offer online banking and mobile applications, ensuring that managing finances is convenient and secure. Our commitment to accessibility includes ADA compliance and dedicated drive-thru services for those who prefer face-to-face interactions without leaving their vehicles.

Branch Location & Accessibility

Accessibility and Features

At Chiphone, we prioritize accessibility for everyone. Our branch is fully ADA compliant, featuring ramps and designated parking spots for ease of access. Whether you're visiting us for a quick transaction or a more detailed financial discussion, our welcoming environment is designed to make your experience comfortable. We offer ample parking right outside the building so you can easily stop by without any hassle. For those who prefer to use their vehicles, our drive-thru service allows you to conduct basic transactions quickly and efficiently from the comfort of your car.

Call to Action

We invite you to come visit us at Chiphone! Let us help you achieve your financial goals in a welcoming and supportive atmosphere. Don't hesitate to drop by or give us a call today!

Operating Hours

We understand that life can get busy, which is why we strive to keep our operating hours flexible. Visit us Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 5:30 PM, and Saturday from 9:00 AM to 12:00 PM. These hours ensure that you have plenty of time to manage your banking needs.

Services Offered

At Chiphone, we provide a variety of services including checking and savings accounts, auto loans, mortgage refinancing, personal loans, and credit cards with rewards. Our ATM is available for those who need cash quickly or wish to check their balances without entering the branch. For any inquiries or assistance, feel free to call us at 574-206-2151. While you can visit us at our physical location for all your banking needs, if you need to send official correspondence, please use our mailing address: 619 County Road 6 E, Elkhart, IN 46514-5570.

Member Eligibility

At Chiphone, we believe that everyone deserves a chance to be part of a supportive financial community. Becoming a member is simple and welcoming! If you live, work, or worship in the Elkhart area, you're likely eligible to join us. We prioritize our local community and aim to offer our services to as many people as possible. Plus, being a member means gaining access to a range of benefits like competitive loan rates and personalized service tailored just for you. To see if you meet the specific eligibility criteria, feel free to check out more details at https://www.chiphone.org/services/become-a-member/ . Ready to become part of the Chiphone family? Opening an account is straightforward! You can start the process by visiting us online at https://loans.itsme247.com/261/home/start , or if you prefer, give us a call at (574) 206-2151. Our friendly team at our branch located at 619 County Road 6 E Elkhart In 46514 is here to assist you every step of the way, making your transition into membership smooth and enjoyable. We can't wait to welcome you!

Business Banking & Commercial Services

Lending Options That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have no member commercial loans funded, we are dedicated to providing tailored solutions for future needs. When the time comes, our competitive rates and flexible terms will be ready to help you take that next step.

Merchant Services for Everyday Transactions

In addition to lending, we offer merchant services that make daily transactions easier. Imagine having a seamless point-of-sale system that not only speeds up transactions but also provides valuable insights into your sales trends. This means you can focus more on serving your customers and less on managing payments. If you're located in Elkhart, IN, stop by our branch at 619 County Road 6 E Elkhart In 46514 or give us a call at (574) 206-2151. Let's discuss how we can assist you in achieving your business goals!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM services make it easy for you to withdraw cash or check balances without stepping inside the branch. Additionally, our basic Drive-Thru Banking allows for quick deposits and withdrawals for those busy days when time is of the essence. At Chiphone, we are proud to offer comprehensive financial services designed specifically for our members' needs. If you're ready to take control of your finances or learn more about what we can do for you, don't hesitate to contact us at 574-206-2151 or visit us at our branch in Elkhart! Let us be your partner in achieving financial success!

Auto Loans & Vehicle Financing

Thinking about getting a new car? At Chiphone, we provide competitive Auto Loans & Vehicle Financing options that make purchasing your dream vehicle a reality. With flexible terms and affordable rates, you can drive off with confidence knowing you've made a smart financial decision.

Business Banking Services

For small business owners, Chiphone offers essential Business Banking services including merchant services and business loans. We know how important it is for businesses to have access to capital and resources, so we're committed to supporting local entrepreneurs in their growth journey.

Convenient Digital Banking Features

In today's fast-paced world, convenience matters. Our Online & Mobile Banking features allow you to manage your finances anytime and anywhere. You can check balances, transfer funds, pay bills, and more all from the comfort of your home or on-the-go through our mobile app.

Home Financing Made Easy

Homeownership is an important goal for many people. That's why we offer Mortgage Loans & Refinancing solutions to help you buy your first home or refinance your existing mortgage. Our team is ready to guide you through the process, ensuring that you find the right loan that fits your budget and lifestyle.

Personal Banking Solutions

For those seeking reliable banking options, we offer Personal Banking services that include checking and savings accounts tailored for every lifestyle. Imagine having easy access to your funds whenever you need them, whether it's for day-to-day expenses or saving for that special purchase. Our accounts are designed with you in mind, providing straightforward options without the hassle.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or want to consolidate debt, our Personal Loans & Debt Consolidation options can provide the relief you need. We understand that life can throw curveballs, and we're here to support you with loans that can help ease your financial burden.

Rewarding Credit Card Options

Don't forget about our Credit Cards with Rewards! Earn points on your everyday purchases and enjoy benefits like cash back or travel rewards. It's not just about spending; it's about making every dollar work harder for you.

Digital & Online Banking

Key Features

Our online banking platform offers a variety of features that cater to your everyday banking needs. Whether you want to check your balance, transfer funds, or pay bills, it's all just a few clicks away. Enjoy the convenience of electronic signature authorization, allowing you to sign documents digitally without the hassle of printing and mailing. Plus, with e-statements readily available, you can keep track of your finances in an eco-friendly way. If you're always on the move, our mobile application makes banking even easier. You can manage your accounts anytime, anywhere. For those who like to send money quickly, our person-to-person transfer feature allows you to send money to friends and family in seconds.

Security and Ease of Use

Your security is our top priority. Our online banking system uses advanced encryption technology to ensure that your personal information remains safe. We provide user-friendly navigation so that even those who aren't tech-savvy can manage their finances with ease. With all these tools at your fingertips, managing your money has never been more accessible or efficient. Join us at Chiphone today and experience how our digital and online banking services can simplify your financial life!

Financial Strength

A Growing Community

Total Share and Deposit Accounts stand at 18,407, showing a strong and growing member base that trusts us with their finances. This trust is reflected in our net shares available for lending: $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Chiphone is your trusted partner. Visit us at 619 County Road 6 E Elkhart In 46514 or call (574) 206-2151 to learn more about how we can help you achieve your financial goals.

Commitment to Growth

With $17,244,357 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 members' financial goals across various sectors with $1,176 in used auto loans and $46,413,146 in total loans and leases.

Efficient Operations

Our operational efficiency is evident in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 36 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Member-Centric Savings Options

Members' savings are secured through $11,393,687 in share certificates and $10,127,211 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.

Strong Financial Health

With a net worth of $17,566,771, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,579 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. With over $17,285,090 in used vehicle loans and $2,977,809 in new vehicle loans already helping members get on the road, we make it easy for you to find the right financing option. Our auto loans come with flexible terms and competitive interest rates, making your car buying experience smoother than ever.

Credit Lines

For those who prefer a more flexible approach to borrowing, our total credit lines amounting to $14,000,000 allow you to access funds as needed without the hassle of applying for multiple loans. This option is perfect for managing unexpected expenses or funding larger purchases when they arise.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,836,659, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our dedicated team is here to guide you through every step of the process.

Refinancing Options

If you're considering refinancing any existing loans, we offer options that can help reduce your monthly payments or lower your interest rate. Our team will work closely with you to assess your situation and find the best refinancing solutions available. At Chiphone, we prioritize transparency and support throughout your financial journey. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. To learn more about our loan offerings or how we can assist you in achieving your financial goals, please visit us at 619 County Road 6 E Elkhart In 46514 in Elkhart, IN, or give us a call at (574) 206-2151. Let's take the next step together!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $3,851,755 in loans helping members manage their finances effectively. Our credit cards come with rewards that can enhance your everyday purchases while providing you with the security and convenience you need.

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 commitment ensures that all offers presented are fair and transparent, giving users confidence in their choices.

CHIPHONE FEDERAL CREDIT UNION