Diversified Members Credit Union Clawson MI | Affordable Vehicle Loans & Quick Personal Loans

Introduction

Welcome to Diversified Members, your trusted financial partner located at 625 N Main St, Clawson, MI 48017. Since our establishment in 1929, we have been dedicated to serving our community and empowering our members with the tools they need for financial success. With a strong membership base of 30,342 individuals, we take pride in offering personalized banking solutions that meet the unique needs of our diverse clientele. At Diversified Members, we understand that every dollar counts. That's why we manage a robust asset portfolio of over $485 million and maintain total deposits of $47 million. Our commitment to financial stability is reflected in our impressive net worth of $83.6 million, ensuring that you can trust us with your savings and loans. Whether you are looking for auto loans, mortgage options, or personal banking services, we offer a wide range of products designed to help you reach your goals. Currently, we have facilitated over 14,093 loans and leases, showcasing our dedication to providing accessible financing options for our members. Our leadership team is here to guide you. Under the direction of CEO Sati Smith and Board President David Brooks III, we are committed to fostering a welcoming environment where all members feel valued and supported. While you can visit us at our Clawson branch, please note that official correspondence should be directed to our mailing address at 1480 East Jefferson, Detroit, MI 48207-3199. We invite you to connect with us today! Call us at 248-435-0950 or explore more about what we offer by visiting our website at dmcu.com. Let us help you achieve your financial dreams!

Branch History & Mission

Community Commitment

Our commitment goes beyond banking; we actively engage in community initiatives designed to uplift those around us. Whether it's sponsoring local events or supporting educational programs, we aim to make a meaningful difference in Clawson and its surrounding areas.

Join Us Today!

With convenient operating hours including Saturdays and ATM availability, we strive to meet your needs whenever you need us. Explore what Diversified Members has to offer by visiting our website at dmcu.com or giving us a call at 248-435-0950. We invite you to join the Diversified Members family today! Experience firsthand how we're dedicated to helping you achieve your financial goals while enriching our community. Your journey starts here!

Our Journey

From our humble beginnings nearly a century ago, Diversified Members has evolved significantly. We started with the simple goal of providing accessible financial services to our community. Over the years, we've expanded our offerings, now boasting total assets of approximately $485 million. This growth reflects not only our commitment to serving our members but also the trust they place in us. Our headquarters may be situated in nearby Detroit, but our focus has always been on Clawson and its residents. We take pride in being part of this vibrant community, contributing through local partnerships and outreach programs aimed at improving lives.

Our Mission

At Diversified Members, our mission is straightforward: to empower our members financially while making a positive impact in the community. We believe that everyone deserves access to quality financial services. That's why we offer a wide range of products including checking and savings accounts, auto loans, mortgage loans, and business banking solutions. We are committed to providing these services with a personal touch. Our team is here to guide you through every step of your financial journey whether you're saving for your first home or managing your small business. While members can visit us at 625 N Main St, official correspondence should be sent to 1480 East Jefferson, Detroit, MI 48207-3199.

Branch Location & Accessibility

Accessibility and Parking

At Diversified Members, we prioritize accessibility for all our members. Our branch features ADA-compliant facilities with ramps and designated parking spaces to make your visit as smooth as possible. Whether you're here for a quick transaction or to discuss your financial goals, we've made sure that everyone can comfortably access our services.

Get in Touch

Have questions or want to learn more about what we offer? Don't hesitate to give us a call at 248-435-0950! We're here to help guide you on your financial journey. So stop by today your new banking experience awaits at Diversified Members!

Operating Hours

We understand that your time is valuable. That's why our operating hours are designed to fit into your busy schedule. You can visit us Monday and Tuesday from 8:30 AM to 4:30 PM, Wednesday from 8:30 AM to 4:00 PM, Thursday from 8:30 AM to 4:30 PM, and Friday until 6:00 PM. We also open on Saturday from 9:00 AM to 1:00 PM for those who can't make it during the week. Please remember that we are closed on Sundays.

Services Offered

At Diversified Members, we offer a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Our ATM is available for cash withdrawals and balance checks whenever you need it. While we don't have drive-thru service at this branch, our friendly staff is ready to assist you inside with any inquiries or transactions. If you're part of a partner credit union, feel free to take advantage of our shared service center for basic transactions like deposits and withdrawals.

Member Eligibility

Becoming a member of Diversified Members is like joining a family that truly cares about your financial well-being. We welcome anyone who lives, works, worships, or attends school in the Clawson area to apply for membership. Whether you're looking for checking accounts, loans, or other financial services, we've got you covered. You'll enjoy personalized service and a community-focused approach that sets us apart from traditional banks. For more details on who can join, please check out our eligibility criteria at https://forms.joinmycu.com/mop/166/newmember/eligibility . When you're ready to open an account, it's easy! Just visit us at https://dmcu.com/lets-get-started or give us a call at (248) 435-0950. We look forward to having you as part of our community at Diversified Members, located at 625 N Main St Clawson Mi 48017!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $90 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $236 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $26,561,593, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine being able to accept payments quickly and securely, whether you're at a retail location or on the go. Our merchant services are designed to help you manage sales efficiently, allowing you to focus on what matters most growing your business. Visit us at 625 N Main St Clawson Mi 48017 in Clawson, MI, or call us at (248) 435-0950 to learn more about how we can help your business thrive!

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small businesses, we provide essential business banking solutions including merchant services and business loans. We know how vital it is for businesses to have reliable financial support, which is why we're here to help you thrive.

Credit Cards with Rewards

Don't forget about our credit card offerings! With rewards programs, you can earn points or cash back on everyday purchases. It's an easy way to get more from your spending.

Digital Banking Features

In today's fast-paced world, convenience is key. Our online and mobile banking features allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds or paying bills, everything is at your fingertips. Plus, with ATM access available for cash withdrawals and balance checks, you're never far from your money.

Home Financing

If owning a home is on your horizon, explore our mortgage loans and refinancing options. We offer personalized support throughout the process so you can secure the best deal possible for your family.

Personal Banking Solutions

For everyday banking needs, our personal banking services include checking and savings accounts designed to help you manage your finances effectively. Imagine having a safe place for your money that also helps it grow through competitive interest rates. We understand that life can be unpredictable, which is why our personal loans and debt consolidation options are here to assist when unexpected expenses arise.

Shared Branch Transactions

We also understand that sometimes you might need assistance beyond our branch hours or location. That's why we offer basic shared branch transactions for partner credit union members. This service allows you to perform deposits and withdrawals conveniently. If you're ready to take advantage of these services or if you have any questions about how we can assist you further, don't hesitate to reach out! Call us at (248) 435-0950 or visit us at 625 N Main St Clawson Mi 48017 in Clawson, MI. We're here to help! Explore our full range of services today at Clawson. Your journey towards better financial management starts here!

Vehicle Financing

Thinking about buying a car? Our auto loans and vehicle financing options are perfect for making your dream car a reality. With flexible terms and competitive rates, we make it easier for you to hit the road without breaking the bank.

Digital & Online Banking

Accessibility and User-Friendly Experience

We know how important it is for our members to have real-time access to their accounts. That's why our digital banking services are designed with ease-of-use in mind. Whether you're checking balances or transferring money, everything is just a tap away. And although we don't currently support electronic signature authorization, we're committed to providing secure options for all your banking needs. With Diversified Members, managing your finances has never been easier or more secure. Join us today and take advantage of our comprehensive digital banking solutions!

Key Features

Our online banking service allows you to view your account balances, pay bills, and transfer funds with just a few clicks. Need to send money to a friend or family member? Our person-to-person transfer feature makes it easy to send money directly from your account without any hassle. Plus, you can stay organized by opting for e-statements, which are not only eco-friendly but also ensure you have instant access to your financial records whenever you need them. For those on the go, our mobile application offers all these services right at your fingertips. You can even use mobile payments for quick and secure transactions directly from your smartphone. Enjoy the peace of mind that comes with knowing that each transaction is protected with top-notch security measures.

Financial Strength

Commitment to Growth

With $82,917,878 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 your financial goals with $3,187 in used auto loans and $270,462,695 in total loans and leases.

Growing Community Trust

Total Share Accounts: 59,855, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $9,098 provide further assurance of our commitment to managing your funds wisely. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Diversified Members is your trusted partner. Visit us at 625 N Main St Clawson Mi 48017 or call (248) 435-0950 to learn more about how we can help you achieve your financial goals.

Member-Centric Approach

Members' savings are secured through $122,139,959 in share certificates and $23,353,943 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $20,029,000, 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 88 full-time employees and 3 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 $83,641,976, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,723 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 $51,346,176 in used vehicle loans and $25,802,213 in new vehicle loans already helping members get on the road. Whether you're eyeing a brand-new model or a reliable used car, our team is here to guide you through the process and find the best financing solution.

Business Loans

For business owners looking to expand or invest in new opportunities, our outstanding commercial loans totaling $26,561,593 provide the capital needed to grow. We understand that each business has unique needs and are ready to work with you to create a financing plan that fits. If you're considering refinancing any of your current loans or exploring eligibility options for new ones, our dedicated staff is here to assist you every step of the way. 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 Diversified Members, we prioritize transparency and aim to provide straightforward solutions that meet your financial needs. Explore our loan offerings today and see how we can support your journey towards achieving your financial aspirations!

Credit Card Loans

Managing everyday expenses? We also offer flexible terms on unsecured credit card loans, with a total of $7,262,656 in loans helping members manage their finances effectively. Our credit cards come with various features that can assist you in budgeting and making purchases without added stress.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $39,866,958, make buying or refinancing simple. We provide personalized assistance throughout the application process and can help you explore eligibility options tailored to your financial situation.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers come from trustworthy financial institutions, ensuring transparency in what you're seeing. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results for every user. - Real-Time Rate Comparisons: You get up-to-date loan rates from multiple institutions at your fingertips, 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 the reliability and effectiveness of the platform. Ready to find the best rates for 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.

How LendMesh Ensures 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 means that the offers displayed are not only current but also fair and transparent. By relying on verified financial institutions, LendMesh guarantees that you see only legitimate loan options.

DIVERSIFIED MEMBERS CREDIT UNION