Coastal1 Credit Union Rumford RI | Best Auto Loans & Personal Banking

Introduction

Welcome to Coastal1, your trusted partner in financial growth located at 339 Newport Ave, Rumford, RI 02916. Since our establishment in 1926, we've been dedicated to serving our community with a focus on personalized banking solutions and member satisfaction. With a proud membership of over 140,000 individuals, we understand the unique financial needs of our members. At Coastal1, we are not just about numbers; we are about people. Our total assets exceed $3.35 billion, demonstrating our stability and commitment to providing valuable services to our community. Whether you're looking for an auto loan among our 55,242 loans and leases or seeking to grow your savings with our total deposits of $132,720,292, we have the right options for you. Our leadership team is committed to ensuring that every member feels valued. Under the guidance of CEO Brian Azar and Board President Ronald LeClair, we strive to create an environment where everyone can achieve their financial goals. We pride ourselves on transparency and integrity, with a net worth of $342,716,812 and cash reserves of $11,649,521 ready to support our members' needs. While you can visit us at our branch for personalized service, please note that official correspondence should be sent to the same address: 339 Newport Ave, Rumford, RI 02916-2140. For any questions or assistance, feel free to reach out at 401-435-1602 we're here to help! Join us today at Coastal1 and experience the difference of community-focused banking. Explore our wide range of services from personal banking to business loans by visiting our website at coastal1.org. Your journey towards financial success starts here!

Branch History & Mission

At Coastal1, we take pride in our rich history and unwavering commitment to serving the community of Rumford, RI. Established in 1926, our branch has been a cornerstone of financial support and growth for nearly a century. Located at 339 Newport Ave, our doors have always been open to those seeking reliable banking solutions tailored to their needs. Over the years, Coastal1 has grown significantly, now boasting a total membership of over 140,061 members and assets exceeding $3.35 billion. This incredible journey reflects our dedication to providing exceptional service and fostering strong relationships within the community. Our headquarters in Pawtucket, RI continues to guide us as we expand our offerings and enhance member experiences. Our mission at Coastal1 is simple yet profound: to empower our members through accessible financial services while actively contributing to the well-being of the communities we serve. We strive not only to provide personal banking options like checking and savings accounts, auto loans, mortgages, and credit cards but also to engage in meaningful community outreach initiatives that make a real difference. While members can visit us at 339 Newport Ave, official correspondence should be sent to 339 Newport Ave, Rumford, RI 02916-2140. Our branch features convenient operating hours from Monday through Saturday, including drive-thru services for those on the go. We also ensure that everyone has access to our services by maintaining ADA compliance and offering digital banking solutions. In addition to traditional banking services, Coastal1 is committed to leveraging technology for better member engagement. With online and mobile banking options available, members can manage their finances with ease from anywhere. Our partnerships with local organizations allow us to support various community programs that uplift those around us. As we continue this journey into the future, we invite you to become part of the Coastal1 family. Experience firsthand how we can help you achieve your financial goals while making a positive impact in our shared community. Join us today and discover why Coastal1 is more than just a credit union it's your partner in progress! For more information or assistance, feel free to reach out at (401) 435-1602.

Branch Location & Accessibility

Call Us Today!

If you have any questions or need assistance, don't hesitate to reach out! You can give us a call at (401) 435-1602. We're excited to help you with all your banking needs at Coastal1! Come visit us soon!

Convenient Location

Situated near local landmarks, including the scenic Rumford Park and just a short drive from the bustling shopping areas, our location makes it simple for you to pop in for your banking needs. With plenty of parking available, getting here is hassle-free. We also feature accessible entry points for all our members, including ADA-compliant ramps that make navigating our space easy for everyone.

Operating Hours and Services

Our doors are open during convenient hours to fit your busy schedule. You can visit us Monday through Wednesday from 9:00 AM to 4:00 PM, Thursdays until 5:00 PM, and Fridays until 6:00 PM. We're also here on Saturdays from 9:00 AM to 12:00 PM. Need some quick banking? Our drive-thru service is available during these same hours, allowing you to handle deposits and withdrawals without leaving your vehicle. We proudly offer a range of services tailored to meet your financial needs, including personal checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. Plus, enjoy the ease of online and mobile banking for managing your accounts on-the-go!

Member Eligibility

Becoming a member of Coastal1 is like joining a family where your financial well-being is our top priority. At our branch located at 339 Newport Ave Rumford Ri 02916, we welcome anyone who lives, works, or worships in the community. Whether you're looking for personal banking options or business services, our friendly team is here to support you every step of the way. We believe that everyone deserves access to financial resources, and becoming a member opens the door to exclusive benefits like lower loan rates and personalized service. The process to join us is simple and straightforward. You can start by visiting our website for detailed eligibility criteria and then easily open an account through this link: https://coastal1.mymortgage-online.com/loan-app/?siteid=4143219744&workflowid=188634. If you have any questions or need assistance, don't hesitate to give us a call at (401) 435-1602. We can't wait to welcome you to the Coastal1 family!

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 $370 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 $225,764,554, 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 designed to simplify payment processing for your business. Imagine having a seamless way to accept payments from customers whether they're paying online or in-store. Our services ensure you can focus on what matters most: growing your business. Visit us at 339 Newport Ave Rumford Ri 02916 in Rumford, RI, or call us at (401) 435-1602 to learn more about how we can help your business thrive.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

With our ATM services, accessing cash is easier than ever. Withdraw funds or check balances at any time without waiting in line at the branch. Our drive-thru service also ensures quick access for deposits and simple transactions during business hours. We invite you to visit us at 339 Newport Ave Rumford Ri 02916 or call us at (401) 435-1602 for more information about how we can assist you with these services and more. Your financial journey is important to us, and we're here every step of the way!

Auto Loans & Vehicle Financing

Dreaming of that new car? With our competitive auto loans and vehicle financing, you can hit the road without breaking the bank. Our straightforward application process makes it easy to get approved, so you can focus on choosing the perfect vehicle.

Business Banking Solutions

For our business members, we offer comprehensive business banking services, including merchant services and business loans. Whether you're starting a new venture or looking to expand an existing one, our team can provide guidance and support tailored to your business needs.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking solutions, allowing you to manage your accounts anytime, anywhere. Transfer funds, pay bills, or check balances with just a few taps on your smartphone.

Credit Cards with Rewards

Make every purchase count with our credit cards that offer rewards. Enjoy cash back or points on your everyday spending while benefiting from competitive rates and no hidden fees.

Mortgage Loans & Refinancing

Buying a home is one of life's biggest decisions. At Coastal1, we provide mortgage loans and refinancing options tailored to suit your situation. Our knowledgeable staff will guide you through every step, ensuring you understand all your choices.

Personal Banking

We understand that personal banking is the cornerstone of your financial journey. That's why we offer various options like checking and savings accounts that fit your lifestyle. Whether you need an account for everyday transactions or a place to grow your savings, we have the right solution for you.

Personal Loans & Debt Consolidation

Sometimes life throws unexpected expenses your way. Our personal loans and debt consolidation services are here to help when you need extra cash or want to manage existing debt more efficiently. We work with you to find a plan that fits your budget.

Digital & Online Banking

Convenient Online Access

With our robust online banking platform available at https://www.coastal1.org/, you can access your accounts 24/7. Whether you want to check your balance, transfer funds, or pay bills, everything is just a click away. We've made it simple and safe for you to handle your banking needs whenever it suits you.

E-Statements for Easy Management

We also offer e-statements so you can go paperless and manage your account statements efficiently. This feature not only helps in keeping track of your finances but also contributes to a more sustainable environment by reducing paper waste. At Coastal1, we're dedicated to providing accessible and user-friendly banking solutions that fit into your lifestyle. Explore our online services today and see how easy managing your finances can be!

Secure Transactions

Security is our top priority. While we currently do not offer electronic signature authorization, all your transactions through our online platform are protected with state-of-the-art security measures. This ensures that your information stays safe while you enjoy the convenience of digital banking.

User-Friendly Mobile App

Our mobile application allows you to bank right from your smartphone. You can make payments, check transactions, and even send money to friends with our person-to-person transfer feature. Plus, if you enjoy the convenience of mobile payments, you'll be pleased to know that we support this feature too! Just download our app and start enjoying these benefits at your fingertips.

Financial Strength

At Coastal1, 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 are proud to share our commitment to financial strength, which reflects our dedication to serving you with reliability and trust. With a net worth of $342,716,812, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.27% 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 $1,245,841,680 in share certificates and $425,772,446 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $20,345,752, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $339,414,636 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 impressive as well; with $28,499 in used auto loans and $2,903,238,744 in total loans and leases, we support members' financial goals across various sectors. Our operational efficiency is reflected in our $4,149,278, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 288 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (funds available for lending and investments) stand at $6,864,585, while our total share accounts reach an impressive 223,200, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Coastal1 is your trusted partner. Visit us at 339 Newport Ave Rumford Ri 02916 or call (401) 435-1602 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 $507,531,724 in used vehicle loans and $208,687,247 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used car, our team is here to assist you every step of the way.

Commercial Loans

For business owners, our outstanding commercial loans totaling $225,764,554 provide the capital needed to grow and expand. We understand the unique challenges faced by small businesses and are committed to supporting your success. At Coastal1, we pride ourselves on providing exceptional customer service along with transparent financial products. If you're interested in any of our loan offerings or would like more information about refinancing options, please don't hesitate to reach out. You can contact us at (401) 435-1602, visit us at our branch located at 339 Newport Ave Rumford Ri 02916, or check out our website at https://www.coastal1.org/ for more details. 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 towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $187,443,259, make buying or refinancing simple. We provide competitive rates and personalized service to guide you through the process. If you're considering refinancing your existing mortgage, we can help explore eligibility options that may lower your monthly payments or shorten your loan term.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards programs designed to benefit our members.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in the lending process. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that genuinely reflect market offerings. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, empowering them to 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!" This feedback highlights the value that real-time data and impartial comparisons bring to borrowers seeking the best 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.*

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), ensuring fair and transparent offers. By tapping into verified financial institutions, LendMesh guarantees that users receive accurate and current information regarding loan products.

COASTAL1 CREDIT UNION - Rumford, RI

Type of Loan Offerings

Home Equity Loans

Mortgage Loans

Personal Loans

Vehicle Loans

Compare Loan Rates Near You

Loan rates in Rumford, RI (02916)

Introduction

Branch History & Mission

Branch Location & Accessibility

Call Us Today!

Convenient Location

Operating Hours and Services

Member Eligibility

Business Banking & Commercial Services

Financing Your Growth

Merchant Services That Make a Difference

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Auto Loans & Vehicle Financing

Business Banking Solutions

Convenient Online & Mobile Banking

Credit Cards with Rewards

Mortgage Loans & Refinancing

Personal Banking

Personal Loans & Debt Consolidation

Digital & Online Banking

Convenient Online Access

E-Statements for Easy Management

Secure Transactions

User-Friendly Mobile App

Financial Strength

Loan Offering

Auto Loans

Commercial Loans

Mortgage Loans

Unsecured Credit Card Loans

Loan Aggregator

Benefits of Using LendMesh

How LendMesh Ensures Accurate Loan Comparisons

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