Elga Credit Union Fenton MI | Affordable Auto Loans & ATM Access

Introduction

Welcome to Elga Credit Union in Fenton, where community and trust come together to help you achieve your financial goals. Established in 1968, we've proudly served our members for over 55 years, making a positive impact on the lives of 98,406 members in our area. Located at 1390 N Leroy St, Fenton, MI 48430, we are committed to offering tailored financial solutions that meet your needs. At Elga, we're more than just a credit union; we're your neighbors and partners. With total assets exceeding $1.5 billion, we provide a robust array of services including personal banking, auto loans, mortgages, and business banking solutions. Our total deposits stand at $138,889,113, demonstrating the trust our members place in us. Under the leadership of CEO Terry Katzur and Board President Harold Mott, our dedicated team of 306 employees works tirelessly to ensure your experience with us is nothing short of exceptional. While you can visit us at our Fenton branch for all your banking needs, please note that official correspondence should be sent to the same address. We invite you to explore our website at elgacu.com for more information about our services and how we can assist you. Experience the difference with Elga Credit Union where you're not just a member; you're part of a family dedicated to helping you thrive financially. Feel free to call us at 810-715-3542 or visit us today!

Branch History & Mission

Elga Credit Union, located at 1390 N Leroy St in Fenton, MI, has a rich history that dates back to its founding in 1968. Over the decades, we have grown from a small community-focused institution to a thriving credit union with a total membership of over 98,000 members and total assets amounting to an impressive $1,549,071,974. Our commitment to serving our community remains as strong today as it was when we first opened our doors. From the very beginning, Elga has been dedicated to providing financial services that meet the needs of our members. Our mission is clear: we strive to empower our members through personalized banking solutions while fostering a sense of community and support. We believe that everyone deserves access to fair and affordable financial services, and we take pride in helping individuals and families achieve their financial goals. At Elga, 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 state-of-the-art online and mobile banking platforms make it easy for members to manage their finances on the go. Additionally, we are proud to provide ATM services for added convenience. While members can visit us at our branch location in Fenton, official correspondence should be sent to the same address: 1390 N Leroy St, Fenton, MI 48430-5310. Our operating hours are designed with your busy schedule in mind: Monday through Friday from 9 AM to 7 PM (with extended hours on Wednesdays), Saturday from 10 AM to 5 PM, and Sunday from 11 AM to 3 PM. We also understand the importance of community involvement. Elga actively engages in various outreach programs and partnerships that benefit local organizations and initiatives. By giving back to our community, we help create a better environment for all residents of Fenton and beyond. As we look toward the future, Elga remains committed to innovation and improvement while staying true to our roots. We invite you to join us on this journey. Experience the benefits of being a member of Elga Credit Union today! For more information or to open an account, please visit our website or call us at (810) 715-3542.

Branch Location & Accessibility

Accessibility Features

At Elga, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps to ensure that everyone can easily reach us. Plus, there's ample parking available so you can get in and out without hassle.

Get in Touch!

Have questions or want more information? Feel free to call us at 810-715-3542! Our dedicated team is ready to assist you with anything you need. We look forward to seeing you soon at the Elga branch in Fenton!

Operating Hours

We know your time is valuable! That's why we offer flexible hours tailored to fit your schedule. Visit us Monday, Tuesday, Thursday, and Friday from 9 AM to 7 PM. On Wednesdays, we open a bit later at 9:30 AM but still welcome you until 7 PM. If weekends work better for you, stop by Saturday from 10 AM to 5 PM or Sunday from 11 AM to 3 PM.

Services Offered

Our branch provides a variety of services designed to meet your needs. From checking and savings accounts to auto loans and mortgage refinancing options, we have something for everyone. Need cash? We offer ATM access for quick withdrawals and balance checks too.

Member Eligibility

At Elga, we believe that becoming a member is more than just opening an account it's about joining a caring community where your financial well-being is our priority. If you're wondering whether you can become a member, the good news is that many people can! Generally, anyone who lives, works, or worships in the Fenton area or has a family member who is already a member can join us. We welcome individuals from all walks of life, making it easy for you to experience the benefits of being part of our supportive family. Ready to take the next step? Opening an account with us is straightforward and hassle-free. You can find detailed eligibility criteria and get started by visiting our website at http://www.elgacu.com/bank/become-a-member/. If you have any questions or need assistance, feel free to reach out to us at (810) 715-3542. We can't wait to welcome you to Elga at 1390 N Leroy St Fenton Mi 48430!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine being able to accept payments seamlessly while focusing on what you do best running your business. Our services ensure you can manage sales efficiently, giving you more time to connect with your customers. Visit us at 1390 N Leroy St Fenton Mi 48430 in Fenton, MI, or call us at (810) 715-3542 to learn how we can help your business grow!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,525 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $149,592,376, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessibility

At Elga, we strive to make banking accessible for everyone. We provide basic ATM access for withdrawals and balance checks making it simple for you to manage your finances on the go. Our branch at 1390 N Leroy St Fenton Mi 48430 is here for you! If you have questions about any of our services or want to discuss which options are best suited for your needs, feel free to call us at (810) 715-3542. Join us at Fenton, where we're not just a credit union we're a community committed to helping each member achieve their financial dreams! Visit us today or explore more about what we offer by checking out our website: https://www.elgacu.com/.

Business Banking

For our local entrepreneurs, our Business Banking services include merchant services and business loans designed to support your growth. We know how important it is for small businesses to have reliable financial partners, and we are here to help you thrive.

Credit Cards and Rewards

In addition, we offer Credit Cards with Rewards, giving you more back for everyday purchases. Imagine earning points just by using your card for groceries or gas; it's a rewarding way to manage your spending!

Digital Banking Features

With technology at the forefront of banking today, we prioritize convenience through our Online & Mobile Banking platforms. You can easily check balances, transfer funds, and pay bills right from your smartphone or computer. Plus, our ATM & Cash Withdrawal Services ensure you have access to cash when you need it most.

Personal Banking

We understand that everyone has unique financial goals. That's why our Personal Banking services include both checking and savings accounts designed to fit your lifestyle. Need funds for a new car? Our Auto Loans & Vehicle Financing options offer competitive rates and flexible terms that make driving off in your dream vehicle easier than ever. If homeownership is on your horizon, explore our Mortgage Loans & Refinancing solutions, which can help you secure a home loan or lower your current mortgage payments. For those unexpected expenses or debt consolidation, our Personal Loans provide the support you need without the stress.

Digital & Online Banking

Convenience at Your Fingertips

With mobile payments enabled, making purchases has never been easier. Simply use your smartphone to pay directly at the register no need to carry cash or cards! And if you ever have questions or need assistance, our friendly team is just a call away at (810) 715-3542. In today's fast-paced world, having access to your financial information when you need it is crucial. At Elga, we provide the tools and resources necessary for real-time account management so you can stay on top of your finances effortlessly. Join us today and experience the convenience of modern banking!

Key Services

Our online banking platform is user-friendly and packed with features that put you in control. You can easily check your balances, transfer funds, and pay bills all from the comfort of your own device. Plus, with our mobile application, you can carry your credit union right in your pocket. Need to send money to a friend? Our person-to-person transfer feature makes it quick and simple. Security is our top priority. We offer electronic signature authorization to ensure that your transactions are safe and verified. Additionally, you can opt for e-statements, allowing you to keep track of your finances without the clutter of paper statements.

Financial Strength

Growing Member Base

We have a strong member base with 234,001 total share accounts. This shows that more people trust us with their finances every day. Net Shares (Funds available for lending and investments): $917,123 ensures that we have ample resources ready to help you achieve your dreams. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Elga is your trusted partner. Visit us at 1390 N Leroy St Fenton Mi 48430 or call (810) 715-3542 to learn more about how we can help you achieve your financial goals.

Investment in Growth

Our commitment to serving you is evident with $225,498,882 in undivided earnings. We reinvest these earnings into innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $25,661 in used auto loans and $1,202,515,854 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Focused Savings

Members' savings are secured through $137,373,491 in share certificates and $382,055,773 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $49,643,677, 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 294 full-time employees and 12 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 $401,522,380, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,587 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. We have already issued over $384,046,925 in used vehicle loans and $94,175,508 in new vehicle loans, helping members get on the road with confidence. Whether you're interested in financing a brand-new vehicle or a reliable used car, we can help you find an option that fits your budget and lifestyle.

Business Financing

For business owners, we also offer outstanding commercial loans totaling $149,592,376. These loans provide the capital needed to grow and expand your business operations, helping you achieve your entrepreneurial dreams. We encourage all potential borrowers to explore refinancing options as well as eligibility criteria available at Elga. If you're ready to take the next step towards achieving your financial aspirations, don't hesitate to reach out! You can contact us at (810) 715-3542 for more information or visit us at our branch located at 1390 N Leroy St Fenton Mi 48430, Fenton, MI. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Join us at Elga, where we believe in empowering our members through smart lending solutions tailored just for you!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $77,194,234. With competitive interest rates and flexible terms, we're here to guide you through the process of securing a mortgage that meets your needs.

Unsecured Credit Card Loans

Managing your finances is essential, and our unsecured credit card loans are designed to provide flexibility. With a total of $64,232,832 in loans available, you can enjoy peace of mind knowing you have access to funds when needed.

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 the offers you see are fair and transparent. Each lender is verified, meaning that the data presented is reliable and accurate.

Elga