Community Resource Rensselaer NY Credit Union | Best Auto Loans & Mortgage Refinancing

Introduction

Welcome to Community Resource, your trusted partner in financial well-being since 1935! Nestled at 631 Bloomingrove Dr, Rensselaer, NY 12144, our credit union has proudly served over 6,698 members and continues to grow with a strong commitment to our community. With total assets of $114,227,199 and total deposits amounting to $9,017,311, we offer a range of financial products designed to meet your needs whether you're looking for personal banking options or business services. While you can visit us at our branch for all your banking needs, please direct any official correspondence to our mailing address at 231 Bloomingrove Dr, Rensselaer, NY 12144. Our dedicated team of 27 employees is here to ensure you receive personalized service every time you walk through our doors. Under the leadership of CEO Terry Langlois and Board President Thomas Ellis, we strive to create a welcoming environment where every member feels valued. At Community Resource, we understand that financial decisions can be daunting. That's why we offer services ranging from checking and savings accounts to auto loans, mortgage financing, and business loans all designed with your best interests in mind. With total loans reaching 4,828 and a net worth of $13,799,500, we're not just another credit union; we're a community-focused institution that prioritizes your financial success. Feel free to reach out to us at 518-283-2211 or explore our website at communityresourcefcu.com for more information on how we can help you achieve your financial goals. Join us today and experience the difference that comes from being part of a cooperative that truly cares about its members!

Branch History & Mission

Our Mission

The mission of Community Resource is simple yet profound: to empower individuals and families by providing exceptional financial products and services while fostering community connections. We believe that everyone deserves access to quality financial resources that help them thrive. This mission drives everything we do from offering competitive loan rates to supporting local initiatives. Our commitment extends beyond banking; it includes outreach programs that strengthen our community ties. We partner with various organizations to support educational initiatives and economic development efforts in Rensselaer. By investing in our community, we aim to create a brighter future for all residents. While members can visit us at our branch location for personalized service during our operating hours Monday, Tuesday, Thursday: 8:30 a.m. to 4:30 p.m., Wednesday: 9:30 a.m. to 4:30 p.m., Thursday and Friday: 8:30 a.m. to 5:00 p.m., and Saturday: 9:00 a.m. to noon official correspondence should be sent to our mailing address at 231 Bloomingrove Dr, Rensselaer, NY 12144. With ATM availability and drive-thru services for added convenience, Community Resource remains focused on making banking accessible for everyone. Join us today and experience the benefits of membership with Community Resource where your financial well-being is our priority! For more information or to open an account, please reach out at (518) 283-2211 or visit us online at communityresourcefcu.com.

Branch Location & Accessibility

Connect with Us

Our friendly staff is always ready to assist you with any questions or banking needs you may have. Feel free to give us a call at 518-283-2211 or stop by during business hours. We look forward to seeing you soon at Community Resource!

Operating Hours

At Community Resource, we value your time. Our lobby hours are as follows: Monday, Tuesday, Thursday, and Friday from 8:30 a.m. to 4:30 p.m., Wednesday from 9:30 a.m. to 4:30 p.m., and Saturday drive-thru hours from 9:00 a.m. to noon. We strive to accommodate your schedule so you can visit us when it's most convenient for you.

Parking and Accessibility Features

We understand that accessibility is key for all our members. Our branch offers ample parking and features like ramps to ensure everyone can visit comfortably. We are proud to be ADA compliant, making it easier for those with mobility challenges to access our services.

Services Offered

As a member of Community Resource, you have access to a range of banking services tailored just for you! From checking and savings accounts to auto loans and mortgage refinancing, we're here to help manage your financial needs. Need cash on the go? We have ATM services available right at the branch! Plus, enjoy the convenience of drive-thru banking for quick deposits or withdrawals.

Member Eligibility

Becoming a member of Community Resource is like joining a close-knit family that prioritizes your financial well-being and community involvement. To qualify, you simply need to live, work, worship, or attend school in the area we serve. This means that if you're part of our local community, you're welcome here! Not only will you gain access to a range of personalized banking services, but you'll also enjoy the many benefits that come with membership, like competitive rates and dedicated support from our team. For more details on eligibility criteria, feel free to visit our website at https://communityresourcefcu.com/our-credit-union/membership-perks/ . Opening an account is straightforward; just give us a call at (518) 283-2211, or check out the account opening process online at https://communityresourcefcu.mymortgage-online.com/ . We can't wait to welcome you to Community Resource, located at 631 Bloomingrove Dr Rensselaer Ny 12144!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2 in commercial loans for our members, helping businesses scale and succeed. Imagine having the financial support to take your business to the next level whether it's investing in new equipment, hiring staff, or expanding your space. Each loan represents a partnership where we stand by you as you pursue your goals.

Merchant Services That Simplify Transactions

In today's fast-paced world, having efficient payment solutions is crucial. Our merchant services streamline transactions so you can focus on what matters most: running your business. Picture this: a busy Saturday at your store where customers pay effortlessly using their cards or mobile wallets. With our services, you provide an easy checkout experience that keeps customers coming back. With an outstanding commercial loan portfolio of $198,606, we continue to drive economic growth by financing new and expanding businesses right here in Rensselaer, NY. Join us at 631 Bloomingrove Dr, and let's build something great together! For more information, call us at 518-283-2211 or visit our website at communityresourcefcu.com.

Comprehensive List Of Services

Business Banking Solutions

If you're a business owner, we understand that managing finances is crucial for success. Our Business Banking services include essential tools like Merchant Services for accepting payments and various Business Loans designed to support your growth.

Convenience at Your Fingertips

At Community Resource, we know convenience matters. That's why we offer Online & Mobile Banking so you can manage your finances on the go. Need cash? Our ATMs allow for easy withdrawals and balance checks without long waits in line. We also provide basic Drive-Thru Banking services for deposits and withdrawals, making transactions quick and efficient. For members of partner credit unions, our shared branch transactions enable you to conduct deposits and withdrawals seamlessly.

Get Started Today!

With a commitment to serving our community since 1935, Community Resource is here for all your financial needs. Visit us at 631 Bloomingrove Dr, Rensselaer NY 12144, or call us at 518-283-2211 to learn more about how we can assist you today. Join us as we work together towards achieving your financial goals! Explore all our services and see how we can support you by visiting our website. We look forward to welcoming you as a member!

Personal Banking Services

When it comes to personal banking, we offer Checking and Savings Accounts that fit your lifestyle. Imagine having easy access to your funds with our user-friendly online and mobile banking platforms. You can check your balance anytime, transfer money between accounts, or set up automatic savings plans right from your smartphone. Need financing? Our Auto Loans & Vehicle Financing options make it simple for you to drive away in your dream car. With competitive rates and flexible terms, financing your next vehicle has never been easier. Plus, if you're thinking about buying a home, our Mortgage Loans & Refinancing services are tailored to guide you through the process smoothly. For those unexpected expenses or consolidating debt, our Personal Loans & Debt Consolidation products provide quick access to cash when you need it most. We also offer Credit Cards with Rewards, giving you the chance to earn points on everyday purchases that can be redeemed for travel, merchandise, and more.

Digital & Online Banking

Always Available

We know life gets busy, which is why having access to your accounts whenever you need them is crucial. Our digital banking solutions provide real-time account management that fits seamlessly into your lifestyle. For those looking for additional flexibility, our electronic signature authorization allows you to approve documents without needing to be physically present, making transactions quicker and more efficient. At Community Resource, we are committed to providing an engaging and user-friendly experience through our digital banking services. Explore everything we have to offer today!

Key Features

Our platform includes e-statements, allowing you to view your financial statements electronically. This not only saves paper but also gives you quick access to important information whenever you need it. Plus, if you're ever in a hurry or on the go, our mobile application makes banking even simpler, putting all the essential features right in your pocket. Need to send money to a friend or family member? Our person-to-person transfer service makes it straightforward and fast. Just a few taps on your screen, and you're done! While we prioritize ease of use, we never compromise on security. You can bank with confidence knowing that your information is protected with advanced security measures.

Financial Strength

Commitment to Member Success

With $13,799,500 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is substantial; with $27,744 in used auto loans and a total of $85,577,301 in loans and leases available for various member needs. Our operational efficiency is reflected in our net income of $0, allowing us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 27 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Conclusion

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Community Resource is your trusted partner. Visit us at 631 Bloomingrove Dr Rensselaer Ny 12144 or call 518-283-2211 to learn more about how we can help you achieve your financial goals.

Growing Membership Base

Total Share Accounts stand at 12,381, showing a strong and growing member base that trusts us with their finances. Our net shares funds available for lending and investments are currently at $21,227. This reflects our commitment to fostering a community where your financial wellbeing is our priority.

Secure Savings Opportunities

Members' savings are secured through $44,295,090 in share certificates and $14,755,041 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,496,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Capital Foundation

With a net worth of $13,799,500, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1208 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 $21,863,749 in used vehicle loans and $6,428,359 in new vehicle loans already helping members get on the road. Whether it's for a brand-new ride or a reliable used vehicle, our competitive rates and flexible terms are designed to meet your needs.

Business Loans

For business owners, our outstanding commercial loans totaling $198,606 provide the capital needed to grow and expand your operations. We're committed to supporting local businesses and helping them thrive in today's economy.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $6,123,425, ensuring you have access to the funds needed for your dream home. Our team is here to guide you through the process, making it as straightforward as possible.

Refinancing Options

If you're considering refinancing any existing loans or exploring eligibility options for our various products, our team is ready to assist you. We aim to make the process smooth and transparent so you can make informed decisions about your finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Feel free to reach out at 518-283-2211 or visit us at 631 Bloomingrove Dr, Rensselaer NY 12144 for more information about how our loan offerings can work for you. We're here to help you navigate your financial journey!

Unsecured Credit Card Loans

We also provide flexible terms on unsecured credit card loans. While currently we have $0 in unsecured credit card loans available, our credit solutions are crafted to help members manage their finances effectively. Keep an eye out for future offerings that could support your spending needs.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh is designed to help you make informed decisions about your borrowing needs. LendMesh ensures accurate loan comparisons by sourcing data 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 to using verified information guarantees that users receive fair and transparent offers tailored to their specific financial situations. One of the key advantages of LendMesh is its dedication to providing verified data. Loan offers are sourced exclusively from legitimate financial institutions, ensuring transparency in all listings. Unlike many other comparison tools, LendMesh does not feature sponsored listings; it does not prioritize lenders based on paid promotions. This means that every user receives unbiased results when searching for loans. In addition, LendMesh provides real-time rate comparisons across multiple institutions. By offering up-to-date loan rates, users can quickly assess their options and choose the best deal available. 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!" Take control of your financial future by comparing 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.*

COMMUNITY RESOURCE FEDERAL CREDIT UNION - Rensselaer, NY