Cornerstone Community Wallingford CT Credit Union | Low Mortgage Rates & Affordable Auto Loans

Introduction

Welcome to Cornerstone Community, your trusted financial partner located at 88 S Main St, Wallingford, CT 06492. Since our establishment in 1934, we have proudly served our community, growing to a membership of over 4,684 members. Our commitment is to provide not just banking services but also the support and guidance you need to achieve your financial goals. At Cornerstone Community, we understand the importance of community and connection. With total assets amounting to $68,370,484 and total deposits reaching $1,125,416, we are here to help you navigate your financial journey with confidence. Whether you're looking for personal banking solutions like checking and savings accounts, auto loans, or even mortgage refinancing, our dedicated team is ready to assist. Under the leadership of CEO Ralph Cervero and Board President Kathleen Perez, our team of 14 employees is passionate about providing exceptional service tailored to your needs. We also offer a variety of online services, making it easier than ever for you to manage your finances from the comfort of home. While members can visit us at our branch address for all their banking needs, official correspondence should be directed to our mailing address: 88 South Main St, Wallingford, CT 6492. We invite you to explore everything we have to offer! For inquiries or assistance, feel free to reach out at (203) 294-2015. Join us in building a brighter financial future together visit us today or check out our website at Cornerstone Community!

Branch History & Mission

Commitment to Innovation

As times change, so do we. Cornerstone Community is committed to leveraging technology for enhanced service delivery. Our members enjoy access to online and mobile banking platforms that make managing finances easier than ever. With ATM availability at our branch and a user-friendly website www.cornerstoneccu.com, we ensure that banking is convenient and accessible.

Join Us Today!

With operating hours designed for your convenience Monday through Friday from 8:30 AM to 3 PM (and extended hours on Wednesdays until 5 PM) there's never been a better time to join Cornerstone Community. Experience the benefits of personalized service and become part of a thriving community that cares about your financial future. We invite you to reach out today at 203-294-2015 or visit us in person. Let us help you build your tomorrow!

Our Journey

Located at 88 S Main St, Wallingford, CT 06492, Cornerstone Community began its journey nearly nine decades ago. As we evolved, we embraced the changing needs of our members and adapted to the dynamic financial landscape. From offering basic savings accounts to expanding our services to include auto loans, mortgages, and business banking solutions, our commitment to helping our community prosper has always been at the forefront. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to our mailing address at 88 Sourth Main St, Wallingford, CT 06492.

Our Mission

At Cornerstone Community, our mission is simple yet profound: we aim to empower individuals and families by providing accessible financial services while nurturing strong community ties. We believe that everyone deserves a chance to achieve their financial goals. Our focus is not just on transactions but on building relationships that foster trust and understanding. We take pride in being more than just a credit union; we are a vital part of Wallingford's fabric. Through partnerships with local organizations and community outreach efforts, we strive to make a positive impact every day. Whether it's through educational workshops or sponsoring local events, we are dedicated to supporting the communities we serve.

Branch Location & Accessibility

Call Us Anytime!

If you have questions or need assistance before visiting, don't hesitate to call us at 203-294-2015. We look forward to welcoming you at Cornerstone Community! Come see how we can support your financial journey today!

Convenient Access

At Cornerstone Community, we prioritize accessibility for all our members. Our branch is designed with ADA compliance in mind, featuring ramps and ample parking spaces to ensure everyone can visit us easily. If you prefer not to come inside, we also offer ATM services right on-site for quick cash withdrawals and balance checks.

Friendly Operating Hours

We're here to serve you during convenient hours throughout the week! You can drop by on Monday through Thursday from 8:30 AM to 3 PM and enjoy extended hours on Wednesdays until 5 PM. Unfortunately, we are closed on Saturdays and Sundays but are eager to assist you during the week.

Services Just for You

When you visit us, you'll discover a range of personalized banking services tailored to meet your needs. From checking and savings accounts to auto loans and mortgage refinancing, our team is ready to help you achieve your financial goals. We also offer online and mobile banking options for those who prefer managing their finances from home.

Member Eligibility

Becoming a member of Cornerstone Community is like joining a caring family that supports your financial journey. If you're looking to be part of our community, you'll be pleased to know that eligibility is open to anyone who lives, works, or worships in the area. It's our way of ensuring that we serve those who are part of our neighborhood. We aim to make membership as welcoming and straightforward as possible, so you can start enjoying the benefits right away. You can learn more about the specific eligibility criteria by visiting our website at . Once you know you're eligible, opening an account is a breeze! Just stop by our branch located at 88 S Main St Wallingford Ct 06492, or give us a call at (203) 294-2015 for assistance. Our friendly staff is here to guide you through the process and answer any questions you may have. Join us today and discover how being a member of Cornerstone Community can provide you with valuable resources and support tailored just for you!

Business Banking & Commercial Services

Practical Merchant Services

Imagine processing payments effortlessly at your storefront or online shop. Our merchant services provide you with tools that simplify payment acceptance, enabling you to focus on what matters most growing your business. From handling credit card transactions to managing digital payments, we equip you with the necessary resources to thrive in today's marketplace. Located at 88 S Main St, Wallingford, CT 06492, we invite you to connect with us at Cornerstone Community. Let's work together to fuel your business ambitions! For inquiries, feel free to call us at 203-294-2015.

Tailored Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. Additionally, 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 $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessibility Anytime, Anywhere

We pride ourselves on making banking accessible for everyone. With features like online banking, mobile applications, and ATM services available at Cornerstone Community, managing your finances has never been more convenient. You can conduct transactions at any time that suits you without needing to visit the branch during business hours. Ready to take the next step in managing your finances? Contact us today at (203) 294-2015 or visit us in person at 88 S Main St Wallingford Ct 06492. At Cornerstone Community, we're here to help you achieve your financial dreams!

Business Banking Solutions

For entrepreneurs and business owners, we offer specialized services like merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our team is ready to support your goals with tailored solutions that fit your unique needs.

Financing Options That Fit Your Life

If you're considering purchasing a new vehicle or refinancing an existing loan, our auto loans and vehicle financing options make it simple. With competitive rates and flexible terms, you can drive away knowing you've made a smart choice. Additionally, if home ownership is on your mind, our mortgage loans and refinancing services provide guidance every step of the way. We understand that buying a home is a significant decision, and we're here to help make it easier.

Personal Banking Made Easy

For those looking for personal banking solutions, Cornerstone Community offers checking and savings accounts that help you manage your finances effectively. Imagine having easy access to your funds through online and mobile banking, allowing you to check balances, transfer money, and pay bills right from your phone or computer. Our basic ATM access ensures that withdrawing cash or checking your balance is straightforward and convenient.

Support for Your Financial Goals

At Cornerstone Community, we also recognize that life can bring unexpected challenges. Our personal loans and debt consolidation services are designed to give you the financial relief you need when times get tough. And for those who love rewards, our credit cards come with great benefits that can enhance your spending experience.

Digital & Online Banking

At Cornerstone Community, we understand that banking should be as convenient and secure as possible. That's why we offer a range of digital and online banking services designed to fit your lifestyle. Whether you're at home or on the go, managing your finances is just a click or tap away. Our online banking services, available 24/7, allow you to access your accounts anytime, anywhere. You can check balances, pay bills, and transfer funds with ease. Visit us at https://www.ccfcu.org/ to explore all the features we offer. For those who prefer paperless statements, we provide e-statements, making it easy for you to keep track of your transactions without cluttering your mailbox. And if you're looking for a user-friendly way to manage your finances on the go, our mobile application has got you covered! It's designed to be intuitive and straightforward, so even those new to mobile banking will find it easy to navigate. While we currently do not support mobile payments or person-to-person transfers, you can still enjoy other benefits that make managing your money hassle-free. Our system also ensures security through robust measures, so you can bank with peace of mind. We're dedicated to providing accessible banking solutions that help you stay in control of your finances in real-time. With Cornerstone Community, modern banking is simplified and tailored just for you!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts stand at 8,216, showing a strong and growing member base that trusts us with their finances. With $211,571 available for lending and investments (Net Shares), we're well-positioned to help you meet your financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Cornerstone Community is your trusted partner. Visit us at 88 S Main St Wallingford Ct 06492 or call 203-294-2015 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.

Member Savings Security

Members' savings are secured through $1,444,627 in share certificates and $1,901,775 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $988,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our performance is reflected in our net income of $0, showcasing our commitment to maintaining operational efficiency while providing top-notch services. We also take pride in having 13 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Our Financial Health

With a net worth of $6,694,100, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.75% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Better Services

With $4,225,912 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is substantial; we hold $54,647 in used auto loans and $41,999,469 in total loans and leases, supporting our members' financial goals across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $8,494,776 in used vehicle loans and $2,416,404 in new vehicle loans already helping members get on the road. Whether you're considering financing a new or used vehicle, we provide straightforward terms and competitive interest rates.

Credit Lines and Unsecured Loans

For those who need flexibility in their finances, we offer credit lines totaling $7,200,000 that can be used for various purposes. Additionally, while our unsecured credit card loans currently stand at $0, we are committed to providing flexible terms when they become available.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $8,196,251. This means whether you're buying your first home or looking to refinance your current mortgage, we can guide you through the process smoothly.

Refinancing Options

We also encourage members who may want to refinance existing loans. This option could potentially lower your monthly payments or help consolidate debt into one manageable payment. At Cornerstone Community, we're not just about numbers; we're about building relationships and helping our community thrive. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. No matter what stage you're at in your financial journey, our team is here to assist you every step of the way!

Loan Aggregator

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Real-Time Rate Comparisons

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Verified Data

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CORNERSTONE COMMUNITY CREDIT UNION