Desco Credit Union Minford OH | Affordable Auto Loans & ATM Services

Introduction

Welcome to Desco, your trusted credit union located at 575 West St, Minford, OH 45653. Since our establishment in 1963, we have been dedicated to serving our community and providing exceptional financial services tailored to meet the needs of our members. With over 25,200 members and total assets exceeding $508 million, we pride ourselves on being a reliable partner in your financial journey. At Desco, we understand that every member's financial situation is unique. That's why we offer a wide range of services, including personal banking options like checking and savings accounts, auto loans, mortgage loans, and business banking solutions. Our commitment to transparency and support is reflected in our robust financial standing, which includes total deposits of $69 million and a net worth of $54 million. Our leadership team, guided by CEO Jeff Lyons and Board President Richard Bussa, ensures that we remain focused on your best interests. We are proud to employ 114 dedicated staff members, all working together to provide you with top-notch service and support. While members can visit us at our branch location, official correspondence should be sent to the same address: 575 West St, Minford, OH 45653. If you have any questions or need assistance, feel free to call us at 740-820-3300. Join us at Desco and experience the difference of a credit union that truly cares about its members. Visit our website at www.descofcu.org for more information on how we can help you achieve your financial goals!

Branch History & Mission

Commitment to Innovation

In today's digital world, we've made strides to ensure that our services remain convenient and user-friendly. With online banking and mobile application access available for all members, managing your finances has never been easier. Additionally, we are proud to offer ADA-compliant facilities along with basic drive-thru banking for quick transactions. With an ATM on-site and drive-thru service available during extended hours Monday through Friday from 8:30 AM to 5:30 PM for lobby services and Saturday from 9:00 AM to 1:00 PM we strive to meet your needs efficiently.

Join Us

As we continue our journey into the future, we invite you to be a part of Desco's legacy. Whether you're looking for financial guidance or simply want to explore what we have to offer, we welcome you to visit us or give us a call at 740-820-3300. Experience firsthand how Desco not only serves as your financial partner but also as a committed member of the Minford community. Together, let's build a brighter future!

Our Mission

At Desco, our mission goes beyond just banking; we strive to enrich the lives of those we serve. We offer a variety of services including checking and savings accounts, auto loans, mortgage financing, personal loans, and business banking solutions. We believe that by providing these essential services, we empower our members to achieve their financial goals. Our commitment to the community extends through various outreach programs and partnerships aimed at supporting local initiatives. We recognize the importance of giving back and actively participate in efforts that enhance the quality of life for residents in Scioto County.

Branch Location & Accessibility

Comprehensive Banking Services

At Desco, we pride ourselves on offering a wide range of services designed to meet your banking needs. From checking and savings accounts to auto loans and mortgages, we are committed to helping you achieve your financial goals. Enjoy the convenience of ATM access right at our location, plus the option of using our drive-thru for quick transactions such as deposits and withdrawals. For any inquiries or assistance, feel free to give us a call at (740) 820-3300. Our team is always ready to help! We invite you to visit us at Desco today your trusted partner in financial success awaits!

Easy Access and Surroundings

Situated near local landmarks, our branch is easy to find. The surrounding area is well-known and loved by residents, making it a convenient stop for all your financial needs. We offer ample parking space right outside, ensuring that you can visit us without any hassle. Our branch is also ADA compliant, featuring ramps and accessible entrances so everyone can enjoy our services.

Operating Hours That Work for You

We understand that life can be busy, which is why we offer flexible operating hours. Our lobby is open from 9:00 AM to 5:00 PM, Monday through Friday, providing plenty of time during the week for you to come in and speak with our friendly staff. Need to visit on the weekend? No problem! Our drive-thru service operates on Saturdays from 9:00 AM to 1:00 PM, making it easy for you to access your accounts when it suits you best.

Member Eligibility

At Desco, we believe that everyone deserves a chance to be part of a caring financial community. Joining us is simple and welcoming! If you live, work, worship, or attend school in our area, you're likely eligible to become a member. Our doors are open to individuals from all walks of life, whether you're just starting your financial journey or looking for new opportunities. By becoming a member at Desco, you gain access to a range of benefits designed to support your financial goals like lower loan rates and personalized service. To find out more about the specific eligibility criteria, feel free to check out our detailed resource at . If you're ready to take the next step, opening an account is easy! You can reach out to us at (740) 820-3300 during our business hours or visit us in person at 575 West St Minford Oh 45653. We're here to help you every step of the way as you join our family at Desco!

Business Banking & Commercial Services

Member Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $340 in commercial loans for our members, helping businesses scale and succeed. Imagine turning your dreams into reality with the right financing options that fit your unique needs.

Merchant Services

In addition to loans, our merchant services streamline your payment processes, ensuring you get paid quickly and efficiently. From credit card processing to mobile payments, our solutions help you focus on what matters most growing your business. Located at 575 West St Minford Oh 45653 in Minford, OH, we invite you to join us and discover how Desco can be a valuable partner in your business journey. Reach out today at (740) 820-3300!

Non-Member Support

But we don't stop there. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions that cater to all kinds of enterprises.

Outstanding Loan Portfolio

With an outstanding commercial loan portfolio of $74,969,882, we continue to drive economic growth by financing new and expanding businesses. Our goal is to empower you with the resources you need to reach new heights.

Comprehensive List Of Services

Convenient Access

For those times when you need cash quickly or want to make deposits without stepping inside the branch, our ATM and cash withdrawal services ensure you have access around the clock. You can also utilize our basic drive-thru banking for quick transactions like deposits and withdrawals without needing to park.

Credit Cards

Don't forget about our credit cards with rewards! They come with perks that let you earn points on everyday purchases making each transaction more rewarding.

Loans and Financing

When it comes to larger expenses like purchasing a home or consolidating debt, our mortgage loans and refinancing solutions provide flexible terms to help you achieve your goals. We also offer personal loans for those unexpected expenses or dreams you've been putting off. For small business owners, our business banking services, including merchant services and business loans, support your growth ambitions.

Personal Banking

We understand that managing your personal finances is essential. That's why we offer checking and savings accounts that fit your lifestyle. With easy access to your funds through our online and mobile banking, you can check balances, transfer money, and pay bills anytime, anywhere. If you're considering buying a car or need funds for another big purchase, explore our auto loans and vehicle financing options designed with competitive rates to make ownership more affordable.

Why Choose Us?

At Desco, we believe in empowering our members with the tools they need for financial success. Our friendly staff is always ready to assist you in-person during lobby hours from 9:00 AM to 5:00 PM Monday through Friday, or through our drive-thru on Saturdays from 9:00 AM to 1:00 PM. We invite you to experience the difference at Desco. Whether you're looking for personal banking solutions or business support, we are here for all your financial needs. Don't hesitate to reach out at (740) 820-3300 or visit us online at Desco for more information about how we can assist you today!

Digital & Online Banking

Convenient Online Banking

With our 24/7 online banking services available at http://www.descofcu.org , you can access your accounts whenever it suits you. Whether you want to check your balance, transfer funds, or review transactions, everything is just a few clicks away. You can even send money directly to friends or family with our person-to-person transfer feature, making it easier than ever to split bills or share expenses.

Real-Time Account Management

Managing your accounts in real-time means you always know where you stand financially. Our online platform allows you to track spending, set up alerts, and keep an eye on your savings goals all aimed at helping you make informed financial decisions. At Desco, we strive to provide accessible and straightforward banking solutions tailored to fit your lifestyle. Experience the ease of digital banking today!

Security at Its Best

Your security is our top priority. While we currently do not offer electronic signature authorization, rest assured that all transactions are protected with advanced security measures. We are committed to keeping your financial information safe and sound.

User-Friendly Mobile Application

For those who prefer banking on the go, our mobile application offers all the features of online banking right at your fingertips. Available for download, this app ensures you can manage your finances from wherever life takes you. Check out e-statements and stay organized without cluttering your inbox just another way we make banking simpler for you.

Financial Strength

Growing Membership Base

The trust placed in us is evident with a total of 35,640 share accounts. This strong and growing member base shows that more people are choosing Desco for their financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Desco is your trusted partner. Visit us at 575 West St Minford Oh 45653 or call (740) 820-3300 to learn more about how we can help you achieve your financial goals.

Investment in Our Future

With $29,702,235 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 robust: with $2,925 in used auto loans and $321,567,551 in total loans and leases, we support your financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $87,890,812 in share certificates and $50,466,897 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.

Operational Efficiency

Our financial performance shines through with a net income of $2,547,674, reflecting our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 113 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $54,781,563, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,078 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 $31,202,553 in used vehicle loans and $7,390,823 in new vehicle loans already helping members get on the road. Whether you're looking for a reliable used car or a brand-new model, we've got options that fit your budget.

Business Financing

For business owners, our outstanding commercial loans totaling $74,969,882 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges, and we're here to help support your ventures.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $11,595,550, make buying or refinancing simple. We guide you through every step of the process so you can find the right solution for your housing needs.

Refinancing Options

If you're considering refinancing any existing loans, we have options available that could lower your monthly payments or help you pay off debt faster. Feel free to reach out to us for more information on eligibility and how we can assist you in this process. Whether you're looking to finance a vehicle, purchase a home, or manage everyday expenses with credit cards, Desco is here to help you navigate your financial journey. Give us a call at (740) 820-3300, or visit us at 575 West St Minford Oh 45653 in Minford, OH. 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's work together toward achieving your financial goals!

Unsecured Credit Card Loans

Managing your finances effectively is crucial. We also offer flexible terms on unsecured credit card loans, with a total of $3,830,413 in loans helping our members stay on top of their expenses. This product allows you to make purchases without worrying about collateral while enjoying competitive interest rates.

Loan Aggregator

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Ensuring Accurate 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 users receive fair and transparent offers. By relying on verified financial institutions, LendMesh guarantees that all loan offers are legitimate and trustworthy.

DESCO FEDERAL CREDIT UNION - Minford, OH