Eco Credit Union Hoover AL | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Eco, your trusted financial partner located at 3746 Lorna Rd, Hoover, AL 35216. Established in 1979, we have been dedicated to serving our community for over four decades. With a growing membership of 16,291 individuals, we pride ourselves on providing personalized service that makes a difference. At Eco, we understand the importance of financial stability and growth. That's why we currently manage assets totaling $186,251,484 and hold deposits of $10,422,138. Our commitment to our members is reflected in our competitive loan offerings, with a total of 11,606 loans and leases available to support your goals. While members can visit us at our branch for all their banking needs, official correspondence should be sent to 3746 Lorna Rd, Birmingham, AL 35216. Our team is here to assist you from 9 am to 5:30 pm, Monday through Friday, whether you're looking for personal banking solutions like checking accounts and auto loans or business services such as merchant services and business loans. Led by our dedicated CEO, Joey Hand, and Board President, Jimmie Pearson, Eco is more than just a credit union; we're a community-focused organization committed to enhancing the financial well-being of our members. With a strong net worth of $22,288,436 and cash reserves of $1,185,316, we ensure that your finances are secure with us. Ready to take the next step? Visit us today or call us at 205-226-3938 to learn more about how we can help you achieve your financial dreams! For additional information on our services or to become a member, check out our website at Eco Credit Union.

Branch History & Mission

Join Us Today

As we look toward the future, we invite you to become part of the Eco family. Experience firsthand how we prioritize your financial well-being alongside community enrichment. Whether you're looking for reliable banking options or seeking guidance on your financial journey, we're here for you every step of the way. Visit us during our operating hours from 9 am to 5:30 pm Monday through Friday or give us a call at (205) 226-3938. Discover the benefits of membership at Eco, where your success is our mission!

Our Journey

Located at 3746 Lorna Rd Hoover Al 35216, just a stone's throw away from local landmarks, we have witnessed incredible growth and change over the years. Our journey began with a simple mission: to empower our members with financial knowledge and resources. From humble beginnings, we have expanded our services to include personal banking, auto loans, mortgage financing, and business banking options. In addition to traditional offerings, we embrace modern conveniences like online banking and mobile payments, ensuring that our members can manage their finances anytime, anywhere. While members can visit us at 3746 Lorna Rd Hoover Al 35216, official correspondence should be sent to our mailing address: 3746 Lorna Rd, Birmingham, AL 35216. This helps keep communication clear as we continue to evolve and adapt to meet the needs of our community.

Our Mission

At Eco, our mission is straightforward yet impactful: We strive to provide exceptional financial services while fostering a supportive environment for all members. We believe that everyone deserves access to quality banking services without unnecessary barriers. That's why we ensure ADA compliance in our branch design and offer shared service center access for added convenience. We pride ourselves on being more than just a credit union; we're an integral part of the community. Our outreach efforts support local initiatives, helping those in need while promoting financial literacy among residents of all ages. By partnering with local organizations, we aim to uplift and empower our neighbors through education and support.

Branch Location & Accessibility

Welcome to Eco's Riverchase branch, conveniently located at 3746 Lorna Rd in Hoover, AL. Situated in the heart of Jefferson County, our branch is easily accessible and close to familiar landmarks, making it a convenient stop for all your banking needs. Whether you're heading to the nearby shopping centers or enjoying a day out in the local parks, we invite you to drop by and experience our friendly service. While members can visit us at 3746 Lorna Rd, official correspondence should be sent to our mailing address at 3746 Lorna Rd, Birmingham, AL 35216. Our location offers ample parking and features designed with accessibility in mind, ensuring everyone can reach us without hassle. Our lobby is open from 9 am to 5:30 pm Monday through Friday, giving you plenty of time to come in and take care of your banking tasks. If you're on the go, enjoy the convenience of our drive-thru banking services for quick deposits and withdrawals without leaving your vehicle. At Eco, we pride ourselves on offering a range of personal banking services including checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. We also provide shared services for members of partner credit unions making transactions even easier. Have questions? Feel free to give us a call at 205-226-3938. Our friendly staff is ready to assist you! We look forward to welcoming you at Eco's Riverchase branch soon!

Member Eligibility

Becoming a member of Eco feels like joining a family where everyone looks out for each other. If you're interested in becoming part of our community, you'll be happy to know that eligibility is simple and inclusive! We welcome individuals who live, work, worship, or attend school in our local area. It's as easy as that! To learn more about the specific criteria and see if you qualify, feel free to visit our detailed eligibility page at http://www.ecocu.org/online-services/applications-and-forms/membership-application . Once you're ready to open an account, we've made that process straightforward too. You can start your journey with us by visiting our account opening page at http://www.ecocu.org/borrow/apply-now . If you have any questions or just want to chat about membership options, don't hesitate to give us a call at (205) 226-3938. We can't wait to welcome you into the Eco family at 3746 Lorna Rd Hoover Al 35216!

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 $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

Imagine having a reliable partner who helps streamline your payment processing. Our merchant services allow you to accept payments effortlessly, whether online or in-store. This means you can focus more on what you do best running your business while we take care of the financial transactions. Located at 3746 Lorna Rd Hoover Al 35216 in Hoover, AL, we're here to support your journey every step of the way. For more information, call us at (205) 226-3938 or visit our website at https://www.ecocu.org/ . Let's build something great together!

Comprehensive List Of Services

Accessible Services

For those who prefer face-to-face interaction, we also offer essential services through our drive-thru for quick transactions like deposits and withdrawals. Additionally, if you're a member of a partner credit union, take advantage of our basic shared branch transactions that allow deposits and withdrawals at Eco as well. At Eco in Hoover, we pride ourselves on being more than just a financial institution; we're your community partner in achieving financial success. With operating hours from 9 am to 5:30 pm Monday through Friday, we're here when you need us most. If you're ready to explore how Eco can assist you with all your banking needs or if you have any questions about our services, don't hesitate to reach out! Call us at 205-226-3938 or visit us online at Eco's website. We're excited to help you take the next step toward financial empowerment!

Business Banking Services

If you're a business owner, you'll appreciate our comprehensive Business Banking services. We offer Merchant Services that streamline payment processing and support your cash flow needs alongside various Business Loans designed to help you grow your enterprise.

Convenient Online and Mobile Banking

In today's fast-paced world, convenience is key. That's why Eco provides robust Online & Mobile Banking features that let you manage your accounts anytime, anywhere. Whether you want to check balances, transfer funds, or pay bills on the go, our digital banking platform has got you covered. You can even enjoy features like Mobile Payments and Person-to-Person transfers, making it easier than ever to handle your finances from the palm of your hand.

Personal Banking Solutions

We offer various Personal Banking options designed to help you achieve your financial goals. From Checking & Savings Accounts that make it easy to manage your daily expenses to Auto Loans & Vehicle Financing that get you on the road without breaking the bank, we prioritize your financial wellness. If you're considering a new home or refinancing your current mortgage, our Mortgage Loans & Refinancing options can help you navigate those decisions smoothly. For those looking to consolidate debt or make a significant purchase, our Personal Loans & Debt Consolidation services provide flexible solutions tailored to fit your budget. Plus, with our Credit Cards with Rewards, you can earn points on everyday purchases while enjoying competitive rates.

Digital & Online Banking

Key Services

With our online banking platform, accessible at https://www.ecocu.org/ , you can easily check 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 mean you're never out of touch with your financial health. Need to send money to a friend? Our person-to-person transfer feature makes it simple and fast. Just a few clicks and your payment is on its way! Plus, if you prefer using your smartphone, our mobile application gives you all the tools you need right in your pocket. With features like mobile payments, you can make purchases securely without ever needing to pull out your card.

Security and User Experience

At Eco, security is a top priority. We offer electronic signature authorization for added safety when signing documents online. Additionally, e-statements are available to help you manage your finances while keeping everything organized and secure. You can access your statements anytime without worrying about losing paper copies. Our user-friendly interface ensures that whether you're tech-savvy or just getting started with online banking, you'll find it easy to navigate through all the features available. From real-time account management to efficient payment options, we are dedicated to making your banking experience as smooth as possible. Embrace the ease of managing your finances with Eco's digital and online banking services today!

Financial Strength

Dedicated Team Ready to Serve You

We also take pride in having 38 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Focused on Our Members

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.

Growing Member Base

With a total of 31,597 share accounts, we showcase a strong and growing member base that trusts us with their finances. This trust fuels our motivation to enhance your banking experience continuously. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Eco is your trusted partner. Visit us at 3746 Lorna Rd Hoover Al 35216 or call (205) 226-3938 to learn more about how we can help you achieve your financial goals.

Lending Capacity for Your Needs

We understand that accessing funds is crucial for achieving your goals. With $2,482 in used auto loans and $92,510,511 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Operational Efficiency

Our $455,134 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. It's all part of our commitment to providing you with reliable service.

Reinvesting in Member Services

With $50,000 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our focus on growth directly benefits you as we continually enhance our offerings.

Secure Savings Options

Members' savings are secured through $24,862,943 in share certificates and $5,332,278 in money market shares, offering stable and rewarding financial growth opportunities. This commitment to safeguarding your investments sets us apart from traditional banking institutions.

Solid Financial Health

With a net worth of $22,288,436, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,197 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 $11,246,365 in used vehicle loans and $11,329,493 in new vehicle loans already helping members get on the road, we make it easy for you to drive home in the vehicle you want. Whether you're looking for a brand-new model or a reliable used option, our team is here to guide you through the process and help you find a loan that fits your budget.

Credit Lines

In addition to our other offerings, Eco has established credit lines totaling $64,237,172. These lines provide an excellent safety net for unexpected expenses or opportunities that may arise. They're designed to give you peace of mind knowing that funds are available whenever you need them. At Eco Credit Union, we are dedicated to helping our members not only meet their immediate financial needs but also plan for their future. If you're interested in exploring refinancing options or checking eligibility for any of our products mentioned above, please don't hesitate to contact us or visit our website at www.ecocu.org. 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 Eco Credit Union in Hoover, AL, we're here to support your journey toward achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options simplify the journey of buying or refinancing your home. We offer Junior Lien 1-4 Family Residential Properties loans totaling $5,205,694, which can help make your dream of owning a home a reality. We believe in providing straightforward solutions with flexible terms so that you feel confident every step of the way.

Unsecured Credit Card Loans

Managing finances can be challenging at times. That's why we also provide flexible terms on unsecured credit card loans. With a total of $6,824,679 in loans helping members effectively manage their finances, our credit cards come with benefits designed to fit your lifestyle. From earning rewards to enjoying low-interest rates, we've got you covered.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from recognized financial institutions, ensuring transparency in the options presented. - No Sponsored Listings: Unlike some comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results that empower users to choose what suits them best. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions. This feature helps individuals make well-informed decisions quickly. 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!" This testimonial highlights how effective and user-friendly the platform can be. 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.

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 ensures that users receive fair and transparent offers tailored to their needs. Each loan option displayed on LendMesh is derived from legitimate financial institutions, giving users confidence in the accuracy of the information they are comparing.

ECO CREDIT UNION - Hoover, AL