ELGA CREDIT UNION - Lapeer, MI

Welcome to Elga Credit Union, your trusted financial partner in the heart of Lapeer, MI! Located at 799 S Harrison St, Lapeer, MI 48446, we have been serving our community since 1968. With a commitment to fostering financial well-being, we proudly support over 98,406 members with a robust range of services designed to meet your unique needs. At Elga Credit Union, we understand that finances can be overwhelming. That's why we're dedicated to providing personalized service and support every step of the way. Our total assets exceed $1.5 billion, with total deposits reaching $138,889,113. This strong foundation allows us to offer competitive rates on loans and exceptional member benefits. We believe in the power of community and are committed to making a positive impact in Lapeer. Whether you're looking for checking accounts, auto loans, mortgages, or credit cards with rewards, our experienced team is here to help you achieve your financial goals. Under the leadership of CEO Terry Katzur and Board President Harold Mott, our team of over 306 employees works tirelessly to ensure our members feel valued and empowered. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be sent to the same address: 799 S Harrison St, Lapeer, MI 48446-3393. We invite you to explore our website at www.elgacu.com for more information about our services or give us a call at 810-715-3542. Join us today and experience the Elga difference where your financial future matters!

At Elga, we believe that becoming a member is like joining a family where everyone supports each other's financial goals. If you're looking to enjoy the many benefits of membership, the good news is that eligibility is straightforward! To qualify for membership at our branch, you should be a resident of the communities we serve or affiliated with certain employers or organizations within our network. It's all about fostering connections and making financial services accessible to those around us. You can find more detailed information about the specific eligibility requirements on our website at http://www.elgacu.com/bank/become-a-member/ . Once you determine your eligibility, opening an account with us is easy! Just visit our online registration page at https://elgacu.financialhost.org/registration , or feel free to give us a call at (810) 715-3542 if you have any questions or need assistance. We're located at 799 S Harrison St Lapeer Mi 48446, and we'd love to welcome you into our community where your financial well-being is our top priority!

At Elga, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our financial strength with you, which reflects our commitment to providing reliable banking services in the community. 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. This foundation is crucial as it gives us the flexibility to support your financial needs effectively. Our net worth ratio of $2,587 demonstrates a solid capital base, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. With $225,498,882 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, our lending capacity supports your financial goals with $25,661 in used auto loans and $1,202,515,854 in total loans and leases. Our operational efficiency is reflected in our net income of $0, 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. Net Shares (Funds available for lending and investments): $917,123. Total Share and Deposit Accounts: 234,001, showing a strong and growing member base that trusts us with their finances. 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 799 S Harrison St Lapeer Mi 48446 or call (810) 715-3542 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.