Diamond Lakes Hot Springs AR Credit Union | Affordable Auto Loans & Business Banking

Introduction

Welcome to Diamond Lakes, your trusted financial partner located at 4032 Central Ave, Hot Springs, AR 71913. Since our establishment in 1960, we have been dedicated to serving our community with a range of personal and business banking solutions. With over 9,245 members and a robust asset base of $76,078,828, we pride ourselves on being a reliable resource for all your financial needs. At Diamond Lakes, we understand that every member's journey is unique. That's why we offer tailored services such as checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. Whether you're looking to buy your first car or consolidate debt, our team is here to help you navigate your options confidently. While members can visit us at our branch location for all their banking needs, official correspondence should be directed to PO Box 1080, Malvern, AR 72104. Our friendly staff is always ready to assist you during our convenient operating hours: Monday-Tuesday & Thursday from 8:00 AM to 4:15 PM, Wednesday from 9:00 AM to 4:15 PM, and Friday from 8:00 AM to 5:00 PM. Led by our CEO Tammy Passafiume and Board President Cecilia Ashcraft, we are committed to building lasting relationships within the community. Our team of 32 employees works tirelessly to ensure that each member receives personalized service that meets their specific financial goals. With total deposits reaching $3,066,564 and cash reserves of $802,366, we're not just a credit union; we're a community-oriented institution focused on your success. Experience the difference that comes with being part of Diamond Lakes. Visit us today or give us a call at 501-525-6530 we're excited to serve you! Explore more about us at Diamond Lakes FCU.

Branch History & Mission

Join Us

As we look toward the future, we invite you to be part of our journey. Join Diamond Lakes today and experience firsthand how we can help you achieve your financial goals while being an integral part of the community. Together, let's build a brighter tomorrow! For more information on becoming a member or accessing our services online, visit us at Diamond Lakes FCU.

Our Journey

From the very beginning, Diamond Lakes has been committed to fostering financial well-being within our community. Our branch is conveniently located at 4032 Central Ave, Hot Springs, AR 71913, making it easy for local residents to access our services. Over the years, we've evolved alongside the needs of our members, introducing innovative solutions like online banking and mobile applications while ensuring that we remain accessible with features such as ATM availability and drive-thru banking. We are proud of our roots in Malvern, AR, where our headquarters is situated. This connection to our home city strengthens our mission: to provide excellent personal banking services that empower individuals and families in their financial journeys. Whether you're looking for checking accounts, auto loans, mortgages, or credit cards with rewards, we are here to help you succeed.

Our Mission

At Diamond Lakes, our mission is simple yet profound: to enhance the lives of our members through exceptional financial services and community support. We believe that everyone deserves access to quality financial products that meet their unique needs. Our dedicated team works hard every day to offer personalized service that not only meets but exceeds expectations. In addition to offering a range of financial services, we actively engage in community outreach initiatives. We partner with local organizations and participate in events aimed at uplifting those around us. Our commitment goes beyond transactions; we aim to build lasting relationships that foster trust and loyalty. While members can visit us at 4032 Central Ave, official correspondence should be sent to PO Box 1080, Malvern, AR 72104. If you have any questions or need assistance, please feel free to reach out at 501-525-6530.

Branch Location & Accessibility

Operating Hours

At Diamond Lakes, we understand that your time is valuable. Our lobby hours are designed to fit your schedule: we are open Monday, Tuesday, and Thursday from 8:00 AM to 4:15 PM, Wednesday from 9:00 AM to 4:15 PM, and Friday from 8:00 AM to 5:00 PM. Whether you're stopping by before work or during lunch, we're here when you need us!

Services and Accessibility

Our branch proudly offers a variety of services tailored just for you. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have everything covered. Need quick access? We have an ATM on-site for your convenience and drive-thru banking available for simple transactions such as deposits and withdrawals. We also provide shared service center access, allowing members from partnering credit unions to complete basic transactions with ease. Plus, our facility meets ADA compliance standards so that everyone can enjoy a comfortable experience. If you have any questions or would like to learn more about how we can assist you further, don't hesitate to call us at 501-525-6530. We invite you to visit Diamond Lakes today your financial journey starts here!

Member Eligibility

Joining the Diamond Lakes community means becoming part of a supportive family that prioritizes your financial well-being. To become a member at our branch, located at 4032 Central Ave Hot Springs, AR 71913, you need to meet some simple eligibility criteria. If you live, work, worship, or attend school in Garland County or are related to someone who does, you're likely eligible to join us! This inclusivity makes it easy for many in our community to access the benefits we offer. By becoming a member of Diamond Lakes, you'll enjoy personalized service, competitive rates on loans and savings accounts, and a range of financial products designed just for you. Opening an account is straightforward! You can find detailed steps by visiting our online enrollment page at https://online.diamondlakesfcu.org/auth/enrollment . If you have any questions or need assistance during the process, feel free to give us a call at 501-525-6530. We're here to help you every step of the way! For more information about eligibility and to stay updated on any changes, check out our website at https://www.diamondlakesfcu.org/ . Welcome to Diamond Lakes; we can't wait to have you with us!

Business Banking & Commercial Services

Commercial Loans to Fuel Growth

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. - 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.

Merchant Services That Make Transactions Easy

Navigating the world of payments can be tricky, but at Diamond Lakes, we simplify it for you. Our merchant services allow businesses to accept payments seamlessly, ensuring that you never miss a sale. Imagine having a reliable partner that helps you streamline transactions so you can focus on what truly matters growing your business. Visit us at 4032 Central Ave Hot Springs Ar 71913 in Hot Springs, AR or call us at (501) 525-6530 to learn more about how our business banking solutions can help your venture thrive!

Comprehensive List Of Services

ATM and Cash Withdrawal Services

Need cash in a hurry? Our network of ATMs makes it easy for you to withdraw funds whenever necessary. You can also enjoy basic drive-thru banking for quick deposits and withdrawals without leaving your vehicle.

Auto Loans and Vehicle Financing

If you're dreaming of a new car or need financing for a reliable vehicle, our Auto Loans & Vehicle Financing options can help turn that dream into reality. With flexible terms and competitive rates, we make it easy for you to get behind the wheel without breaking the bank.

Business Banking Services

For local businesses, we offer comprehensive Business Banking solutions, including merchant services and business loans. We understand that running a business comes with unique challenges, so we're here to support your financial growth with tailored solutions that work for you.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. Our Online & Mobile Banking platforms give you access to your accounts anytime, anywhere. Check balances, pay bills, transfer money, and more all from the comfort of your home or on the go.

Home Financing Options

Thinking about buying a home? Our Mortgage Loans & Refinancing services are tailored to help you navigate the home-buying process smoothly. Whether you're a first-time buyer or looking to refinance your existing mortgage, we're here to provide guidance and support throughout the journey.

Personal Banking Solutions

For those looking to simplify their everyday banking, we offer Personal Banking services, including checking and savings accounts designed with your needs in mind. Imagine having easy access to your funds while enjoying competitive interest rates and low fees. Our accounts are perfect for managing your daily expenses or saving for that special purchase.

Personal Loans and Debt Management

Sometimes life throws unexpected expenses your way. Our Personal Loans & Debt Consolidation services can help you manage those challenges effectively. With straightforward terms and clear communication, we'll work with you to create a repayment plan that fits your budget.

Rewarding Credit Card Options

Our Credit Cards with Rewards allow you to earn while you spend. Enjoy cashback on purchases or points redeemable for travel and other rewards making every transaction more beneficial for you.

Shared Branch Transactions

For members of partner credit unions, our Basic Shared Branch Transactions allow easy access to deposits and withdrawals at participating locations. This means greater flexibility when managing your finances. We invite you to visit us at 4032 Central Ave Hot Springs Ar 71913 in Hot Springs, AR or give us a call at (501) 525-6530 for more information on how we can assist you in achieving your financial goals. At Diamond Lakes, we're not just another credit union we're part of your community!

Digital & Online Banking

Key Features

You can easily log into our online banking portal at https://www.diamondlakesfcu.org/ to view your account balances, transfer funds, and pay bills all from the comfort of your home or on the go. Our 24/7 online banking services ensure that you have access to your financial information whenever you need it. Whether you're checking e-statements or making person-to-person transfers, you'll find everything is just a click away. For those who prefer mobile management, our user-friendly mobile application allows you to handle your banking tasks right from your smartphone. With features like electronic signature authorization, you can securely sign documents without the hassle of printing or scanning. Plus, e-statements are available to help you stay organized while reducing paper clutter.

Security and Accessibility

Your security is paramount to us. We use advanced encryption technology to protect your personal information and keep your transactions safe. And because we believe that banking should be accessible, our services are designed with ease-of-use in mind so you can navigate through tasks effortlessly. While we currently do not offer mobile payments, our commitment to enhancing your banking experience continues. With real-time account management features, staying on top of your finances has never been easier. Join us today at Diamond Lakes and explore all the ways our digital and online banking services can simplify your financial life!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts stand at 13,111, showing a strong and growing member base that trusts us with their finances. This trust allows us to maintain a healthy balance sheet while providing exceptional service. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Diamond Lakes is your trusted partner. Visit us at 4032 Central Ave Hot Springs Ar 71913 or call (501) 525-6530 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-Centric Savings

Members' savings are secured through $2,705,653 in share certificates, 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 commitment to operational efficiency is reflected in our $846,591, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 32 full-time employees ready to serve you with a knowledgeable, committed team.

Reinvesting for Growth

With $14,549,315 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors, highlighted by our $1,254 in used auto loans and $52,200,415 in total loans and leases.

Strong Financial Health

With a net worth of $16,703,541, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,194 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 $19,468,667 in used vehicle loans and $6,013,085 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, we have financing options tailored just for you.

Business Financing

For business owners looking to expand or invest in growth opportunities, our outstanding commercial loans can provide the capital needed to thrive. Currently, we do not have commercial loans available; however, our focus remains on supporting individuals through personal finance solutions. At Diamond Lakes located at 4032 Central Ave Hot Springs Ar 71913, you can connect with us at 501-525-6530. We're here Monday through Friday to discuss how our loan products can meet your financial needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We invite you to explore our loan offerings today and see how we can help turn your financial aspirations into reality!

Mortgage Loans

Thinking about homeownership? While we currently do not offer Junior Lien 1-4 Family Residential Properties loans, we aim to keep our mortgage options straightforward and affordable. If you're considering refinancing your existing mortgage or exploring eligibility options for future purchases, our team is ready to assist you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $991,673 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards that can benefit your everyday spending.

Loan Aggregator

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 ). This ensures that you receive fair and transparent offers without any hidden agendas. Each lender listed has been vetted for credibility, allowing you to trust the information at hand.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in your choices. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results every time. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions are available, helping you make informed decisions quickly. 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 kind of feedback highlights how effective and user-friendly our platform is for consumers looking to save money. 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.

DIAMOND LAKES FEDERAL CREDIT UNION