Corda Cedar Rapids IA Credit Union | Best Auto Loans & Business Banking

Introduction

Welcome to Corda Credit Union, where our commitment to serving the Cedar Rapids community has been unwavering since our establishment in 1935. Located at 3015 Blairs Ferry Rd NE, Cedar Rapids, IA 52402, we pride ourselves on providing a range of financial services that cater to your personal and business needs. With a total membership of over 25,842 and assets exceeding $692 million, we are dedicated to ensuring our members receive the best support possible. At Corda, we believe in building lasting relationships based on trust and transparency. Our experienced team of 100 employees, led by our CEO Paula O'Rourke and Board President Joyce Fowler, is here to help you navigate your financial journey. We understand that each member's needs are unique, which is why we offer tailored solutions, from checking and savings accounts to auto loans, mortgages, and credit cards with rewards. While members can visit us at our branch location, official correspondence should be sent to the same address: 3015 Blairs Ferry Rd NE, Cedar Rapids, IA 52402. If you're looking for reliable banking services backed by a strong foundation, you can reach us at (319) 378-0101. With total deposits amounting to $23,394,342 and a net worth of $71,299,717, Corda Credit Union is not just a financial institution; we are an integral part of the community. Our mission is to empower our members through financial education and accessible banking options. We invite you to explore how Corda Credit Union can assist you in achieving your financial goals. Visit our website at Corda Credit Union or call us today!

Branch History & Mission

Commitment to Innovation

As we move forward, Corda is embracing digital advancements to make banking easier for our members. We offer online and mobile banking options that allow you to manage your finances conveniently from anywhere. Our drive-thru service ensures quick access for those on the go, while our ATM availability provides flexibility when you need cash. While members can visit us at 3015 Blairs Ferry Rd Ne Cedar Rapids Ia 52402, official correspondence should be sent to 3015 Blairs Ferry Rd NE, Cedar Rapids, IA 52402. We invite you to experience what makes Corda unique our focus on individual member needs paired with strong community values. Join us today and discover how Corda Credit Union can help you achieve your financial dreams! For more information or assistance, feel free to call us at (319) 378-0101 or visit our website at Corda Credit Union. Your journey toward financial empowerment starts here!

Our Mission

At Corda Credit Union, our mission is simple yet profound: to empower our members through accessible financial services while fostering a sense of community. We believe that everyone deserves the chance to achieve their financial goals and enhance their quality of life. Our team is dedicated to providing personalized service, whether you're opening your first savings account or applying for a loan. We understand that banking isn't just about numbers; it's about people. That's why we prioritize community involvement and outreach. From local sponsorships to educational programs that promote financial literacy, we're committed to making a positive impact in Cedar Rapids and beyond.

Branch Location & Accessibility

Operating Hours

At Corda Credit Union, we understand that everyone has different schedules. That's why we offer flexible operating hours: we're open Monday through Wednesday and Friday from 8:30 AM to 5:30 PM. On Thursdays, we start a bit later at 10:30 AM but still close at 5:30 PM. For those busy weekends, our drive-thru is available Saturday from 9:00 AM until noon.

Our Facilities

Parking is hassle-free with plenty of spaces available right outside our doors, ensuring a smooth visit. We are committed to making banking accessible for everyone, featuring ADA-compliant entrances and ramps. If you prefer not to walk inside, take advantage of our drive-thru service for simple transactions like deposits and withdrawals.

Services Offered

We're proud to provide a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to various loan types including auto loans and mortgages, we've got you covered. Additionally, with ATM availability on-site and online banking options at your fingertips, managing your finances has never been easier. While members can visit us at 3015 Blairs Ferry Rd NE for all banking needs, official correspondence should be sent to the same address since it doubles as our mailing address. Feel free to reach out at 319-378-0101 if you have any questions or need assistance. We look forward to welcoming you into our branch soon!

Member Eligibility

At Corda, we believe that everyone deserves a supportive financial community, and becoming a member is your first step toward experiencing that. To join us at our Cedar Rapids location, simply visit us at 3015 Blairs Ferry Rd Ne, Cedar Rapids, IA 52402, and you'll find that eligibility is both welcoming and straightforward. You can become a member if you live, work, or worship in Linn County or have family who already belongs to Corda. This means you're just a few steps away from enjoying the various benefits we offer from personal banking services to competitive loan options. The process of opening an account with us is easy! Just head over to our website for more detailed information about membership criteria at this link. If you're ready to take the next step, you can start the account opening process online by visiting this page. Should you have any questions or need assistance, feel free to call us at 319-378-0101. We can't wait to welcome you into the Corda family!

Business Banking & Commercial Services

Loan Options for Every Business Need

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $64 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $11 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $13,764,464, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

In addition to loans, we provide practical merchant services that streamline your operations. Imagine being able to accept payments quickly and easily from your customers, whether they're shopping in-store or online. Our services help you manage transactions smoothly, allowing you to focus on what really matters growing your business. Located at 3015 Blairs Ferry Rd Ne, Cedar Rapids, IA 52402, Corda is here to partner with you every step of the way. Whether you're just starting out or looking to expand, our team is ready to assist you. Call us at 319-378-0101 to learn more about how we can support your business goals!

Comprehensive List Of Services

Auto Loans and Vehicle Financing

Thinking about purchasing a new car? With our competitive auto loans and vehicle financing options, you can drive away in your dream vehicle without breaking the bank. We work closely with you to ensure that you get the best rates possible, making car ownership more accessible for everyone.

Business Banking Services

For our business-minded members, Corda offers comprehensive banking services including merchant services and business loans. We understand that running a business comes with its own challenges, so we strive to provide tools that help entrepreneurs succeed.

Convenient Access Points

We also prioritize convenience with our ATM services and basic drive-thru banking available for deposits, withdrawals, and simple transactions. Need cash on the go? Our ATMs are readily accessible for balance checks and withdrawals whenever you need them. At Corda, we believe in making banking easy and accessible for everyone in Cedar Rapids and beyond. If you're ready to experience personalized financial services tailored just for you, don't hesitate to reach out! Call us today at 319-378-0101 or visit our website at cordacu.org to learn more about how we can assist you in achieving your financial goals.

Credit Cards with Rewards

Looking for a credit card that gives back? Our credit cards come with rewards that allow you to earn points on every purchase. This means more value in return for spending, whether it's for groceries or travel expenses.

Home Financing Options

Owning a home is one of life's biggest milestones. At Corda, we provide mortgage loans and refinancing options that cater to different budgets and lifestyles. Whether you're buying your first home or looking to refinance your existing mortgage for better rates, our team is here to guide you through every step of the process.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, Corda offers personal banking solutions designed for your everyday needs. Imagine having easy access to your funds with online and mobile banking features that allow you to manage your accounts anytime, anywhere. Our members appreciate the convenience of mobile payments and person-to-person transfers, making it simpler than ever to handle day-to-day transactions.

Personal Loans and Debt Consolidation

Life can throw unexpected expenses your way. That's why we offer personal loans and debt consolidation solutions that help ease financial burdens. Our flexible terms make it easier for you to consolidate debt or cover urgent expenses while keeping your budget intact.

Digital & Online Banking

Key Services

Our online banking service operates 24/7, allowing you to check balances, pay bills, and transfer money whenever it suits you. You can also enjoy the convenience of e-statements, which means you can view your account statements digitally no more waiting for mail! Plus, with mobile payments enabled, making purchases from your smartphone has never been easier. For those who prefer using their mobile devices, our user-friendly mobile application is available for download. With just a few taps, you can manage your accounts right from your pocket. And if you need to send money quickly to friends or family, our person-to-person transfer feature makes it simple and fast.

Security and Ease of Use

We prioritize your security while ensuring that our services remain straightforward and accessible. Although we don't offer electronic signature authorization at this time, rest assured that all transactions are protected by advanced security measures to keep your personal information safe. At Corda, we believe that banking should be as easy as possible. Our digital services are tailored to fit into your busy lifestyle while offering peace of mind. So whether you're checking your balance or making a payment, you can do it all with confidence. Explore all these great features today by visiting us at https://www.cordacu.org/ and take control of your financial journey like never before!

Financial Strength

Growing Member Trust

Total Share and Deposit Accounts: 67,353, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $3,170,714. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Corda is your trusted partner. Visit us at 3015 Blairs Ferry Rd Ne Cedar Rapids Ia 52402 or call (319) 378-0101 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $47,778,474 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $7,500 in used auto loans and $585,662,482 in total loans and leases; this capacity supports members' financial goals across various sectors.

Member-Centric Savings Solutions

Members' savings are secured through $162,047,103 in share certificates and $65,723,417 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $23,984,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 99 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $71,299,717, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,029 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 $110,919,703 in used vehicle loans and $63,169,874 in new vehicle loans already helping members get on the road. We provide financing options that fit your budget and lifestyle.

Credit Lines

For those who need additional flexibility in managing expenses or unexpected costs, our total credit lines amounting to $222,962,201 can be an excellent resource. This option provides you with the ability to borrow as needed while keeping repayment manageable.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $42,477,159, make buying or refinancing simple. We can guide you through the process whether you're a first-time homebuyer or looking to refinance an existing mortgage.

Refinancing Options

If you're considering refinancing your current loans for better rates or terms, we have options available that can help reduce monthly payments and save on interest over time. Speak with one of our loan officers about eligibility and how we can help streamline the refinancing process for you. All 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 Corda, we believe in transparency and are committed to helping you navigate your financial journey with ease. Let us know how we can assist you today!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $14,642,743 in loans helping members manage their finances effectively. Our credit cards come with benefits designed to make everyday purchases easier while offering competitive rates.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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CORDA CREDIT UNION