Directors Choice Credit Union Albany NY | Affordable Auto Loans & Business Banking

Introduction

Welcome to Directors Choice Credit Union, your trusted financial partner located at 1 South Family Drive, Albany, NY 12205. Since our establishment in 1999, we have been dedicated to serving our community with integrity and commitment, ensuring that our members receive the personalized service they deserve. With a proud membership of 772 individuals and total assets reaching an impressive $11,585,986, we are here to help you navigate your financial journey. At Directors Choice, we understand that every member has unique financial needs. That's why we offer a variety of services ranging from checking and savings accounts to auto loans and personal financing solutions. Whether you're looking to buy a new car or consolidate debt, our knowledgeable team is ready to assist you. Led by our CEO Amy Lico and Board President Eugene Guarino, our small yet dedicated team of 3 employees is focused on providing exceptional service. We take pride in maintaining a strong financial foundation with total deposits of $1,586,209 and a net worth of $2,512,624, ensuring that your money is safe and sound with us. While you can visit us at our Albany branch for all your banking needs, please note that official correspondence should be sent to the same address: 1 South Family Drive, Albany, NY 12205. Our doors are open from Monday to Friday, 8:30 AM to 5 PM, so feel free to stop by or give us a call at 518-456-2686. Join us at Directors Choice Credit Union and experience the difference of working with a credit union that truly values its members. Visit us online at www.directorschoicecu.com for more information about our services or to start your membership today!

Branch History & Mission

Join Us

We encourage you to become part of our growing family at Directors Choice Credit Union. Experience firsthand the benefits of being a member-focused credit union where your financial goals are prioritized. Whether you're looking for personal loans or business financing solutions, we're here to assist you every step of the way. For more information about membership benefits or how to open an account, please visit our website or give us a call at (518) 456-2686. Together, let's make a difference in your financial journey!

Our Evolution

Since opening our doors, Directors Choice has continually evolved to better serve our members. We started with a simple mission: to offer personalized financial solutions that empower individuals and families. Over the years, we have expanded our range of services to include personal banking, auto loans, mortgage options, and business banking solutions. With each milestone, we've focused on enhancing member experience through innovation and community engagement. Our commitment extends beyond just banking. We understand the importance of fostering relationships and giving back to Albany. We actively participate in community outreach initiatives that support local organizations and events. By partnering with various groups, we strive to make a positive impact on the lives of those around us.

Our Mission

The mission of Directors Choice Credit Union is clear: we aim to provide exceptional financial services while nurturing a strong sense of community. We believe in putting people first ensuring that every member feels valued and supported. Our goal is not only to help you achieve your financial dreams but also to contribute positively to the well-being of Albany. While members can visit us at 1 South Family Drive Albany Ny 12205, official correspondence should be sent to 1 South Family Drive, Albany, NY 12205 if different. We invite you to stop by during our operating hours from Monday to Friday between 8:30 AM and 5:00 PM. Unfortunately, we currently do not have ATM or drive-thru services available; however, we offer online and mobile banking for your convenience. As part of our dedication to accessibility, we ensure that all our facilities comply with ADA standards so everyone can benefit from our services without barriers.

Branch Location & Accessibility

Connect with Us

Have questions or need assistance? Don't hesitate to reach out! You can give us a call at 518-456-2686. We look forward to welcoming you at Directors Choice Credit Union where your financial needs come first. Visit us today and experience the difference!

Nearby Landmarks and Accessibility

Our branch is just a short drive from popular local spots such as the Colonie Center Mall and the Albany International Airport, making it a breeze to stop by while you're out and about. We take pride in ensuring that everyone can access our services comfortably. Our facility is ADA compliant with features like ramps for easy entry. Additionally, we offer ample parking so you can visit us without hassle.

Operating Hours and Services

We understand that your time is valuable. That's why we are here for you Monday through Friday from 8:30 AM to 5:00 PM. Our friendly team is ready to assist you with a range of services including personal banking options like checking and savings accounts, auto loans, mortgage loans, personal loans, credit cards with rewards, and business banking solutions. Please keep in mind that we currently do not offer ATM services or drive-thru banking; however, our staff is always available to help you with cash withdrawals and any other requests during lobby hours.

Member Eligibility

Becoming a member of Directors Choice is like joining a close-knit family that genuinely cares about your financial well-being. If you're living, working, worshipping, or attending school in Albany County, you already meet the basic eligibility criteria to join us. We welcome everyone who shares our values and wants to be part of a community-focused institution that prioritizes your needs. Not only do you gain access to a range of personalized banking services, but you also become part of an organization that invests back into the community. Opening an account is straightforward and can be done online or by visiting us at our welcoming branch located at 1 South Family Drive Albany Ny 12205. For more detailed information about membership qualifications, please check out our website at http://www.directorschoicecu.com/dccu/membership-benefits . If you have any questions or need assistance, feel free to call us at (518) 456-2686. We're here to help you take that important step toward financial empowerment!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $168 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $5,758,529, we continue to drive economic growth by financing new and expanding businesses. Imagine a local café that dreams of opening a second location. With our tailored commercial loans, they can turn this vision into reality securing the space, purchasing equipment, and hiring staff all while maintaining their quality service.

Merchant Services

In addition to loans, we offer comprehensive merchant services that simplify payment processing for your business. Whether you run a retail shop or provide services, our tools help you accept payments quickly and securely. This means more time focusing on your customers and less time worrying about transactions. At Directors Choice, we're here to help your business thrive. Reach out today at (518) 456-2686 or visit us at 1 South Family Drive Albany Ny 12205 to learn how we can support your journey!

Comprehensive List Of Services

Additional Services

While we don't currently have ATM services at this location, we ensure that cash withdrawal needs are met efficiently through other means available at our branch. At Directors Choice, we're more than just a credit union; we're a community partner ready to support your financial goals. If you have any questions or need assistance, don't hesitate to reach out by calling us at 518-456-2686 during our lobby hours from Monday to Friday between 8:30 AM and 5:00 PM. Ready to take the next step? Visit us today at 1 South Family Drive in Albany or check out our website at http://www.directorschoicecu.com/ for more information about becoming a member!

Business Banking

For small business owners, our business banking services, including merchant services and business loans, can help you grow and manage your enterprise effectively. Whether you're just starting out or looking to expand, we're committed to supporting your business journey.

Credit Cards

Don't forget about our credit cards with rewards! They're perfect for everyday purchases while earning points or cash back. It's a simple way to turn your spending into benefits.

Home Loans

Thinking about purchasing a home or refinancing your existing mortgage? Our mortgage loans provide various options to suit different budgets and lifestyles. We understand that buying a home is one of the biggest decisions you'll make. That's why we're here to guide you through every step of the process.

Online & Mobile Banking

We know how important flexibility is in today's fast-paced world. That's why we emphasize our online and mobile banking features. Accessing your account is easy anytime from anywhere whether you're at home or on the go.

Personal Banking

Starting with personal banking, we offer checking and savings accounts designed for convenience and growth. Imagine having easy access to your money whenever you need it through our online and mobile banking services. You can check balances, transfer funds, and pay bills right from your smartphone.

Personal Loans

For those unexpected expenses or projects you've been putting off, consider our personal loans and debt consolidation services. Whether it's home repairs or consolidating credit card debt into one manageable payment, we aim to help ease your financial burdens.

Vehicle Financing

If you're in the market for a new car, our auto loans and vehicle financing options are here to help you hit the road without breaking the bank. With competitive rates and flexible terms, financing your next vehicle becomes a breeze. Picture yourself driving away in that new car while knowing you've made a smart financial choice!

Digital & Online Banking

Key Features

Our online banking platform allows you to view your account balances, transfer funds, and pay bills with just a few clicks. If you're looking for quick and convenient ways to send money to friends or family, our person-to-person transfer feature makes it simple and fast. Plus, no more waiting for paper statements in the mail! We provide e-statements, so you can easily keep track of your financial activity without the clutter. For those who prefer mobile banking, our user-friendly mobile application is available for download, giving you instant access to all these features right from your smartphone. Even if you're out shopping or running errands, managing your finances has never been easier.

Security and Convenience

Your security is our top priority. While we don't currently offer electronic signature authorization, rest assured that all transactions made through our online banking services are protected by industry-standard security measures. This means you can bank with confidence knowing that your personal information is safe. At Directors Choice, we strive to make banking accessible for everyone. Whether you're tech-savvy or new to online banking, our platform is designed to be intuitive and straightforward. You can manage your accounts in real-time, ensuring that you always have an accurate view of your financial health. Join us today at http://www.directorschoicecu.com/ and experience how easy it is to take control of your finances with our digital banking services!

Financial Strength

Growing Member Base

Our total share accounts stand at 1,259, showcasing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments totaling $121,927, we are well-equipped to 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, Directors Choice is your trusted partner. Visit us at 1 South Family Drive Albany Ny 12205 or call (518) 456-2686 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Members' savings are secured through $4,547,319 in share certificates and $1,266,406 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $745,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is evident with a reported $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 2 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $2,476,298 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 with $47 in used auto loans and $8,596,438 in total loans and leases.

Strong Financial Health

With a net worth of $2,512,624, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This robust foundation supports our ability to serve you now and into the future. Our net worth ratio of $2,168 demonstrates a solid capital base, 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 $774,253 in used vehicle loans and $1,180,680 in new vehicle loans already helping members get on the road. We offer flexible financing options that fit your budget and lifestyle, making it easy for you to drive away in your dream vehicle.

Business Financing

For business owners, our outstanding commercial loans totaling $5,758,529 provide the capital needed to grow and expand your business. These loans are designed to support your entrepreneurial journey by offering competitive terms and personalized service.

Credit Card Solutions

We also offer flexible terms on unsecured credit card loans; however, we currently have no outstanding balances in this category. This means that if you're looking for a way to manage your finances effectively without tying up collateral, our future offerings will be tailored just for you. At Directors Choice, we prioritize helping our members find the right loan solution that meets their individual needs. If you're considering refinancing or would like more information on eligibility options, don't hesitate to reach out. Our dedicated team is available at 518-456-2686 to assist you. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Visit us at 1 South Family Drive Albany NY 12205, or check out our website http://www.directorschoicecu.com/ for more details on how we can help you secure the funding you need today!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not have Junior Lien 1-4 Family Residential Properties loans available, we can guide you through other mortgage solutions tailored to meet your 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. This transparency helps borrowers make informed choices that suit their financial 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 means you can trust that the offers presented are fair and transparent. One of the main benefits of using LendMesh is its commitment to providing verified data. Loan offers are sourced from legitimate financial institutions, ensuring transparency in every comparison. Additionally, LendMesh features no sponsored listings. Unlike other comparison tools that may prioritize lenders based on paid promotions, LendMesh focuses solely on delivering unbiased results to help you find the best deal. With real-time rate comparisons, users can access up-to-date loan rates from multiple institutions. This feature is crucial for making informed decisions quickly and efficiently. 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!" If you're ready to find competitive loan rates tailored to your needs, compare real-time loan offers today at LendMesh. *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.*

DIRECTORS CHOICE CREDIT UNION - Albany, NY