Welcome to ely-area, a trusted financial institution proudly serving the Ely community since 1938. Our mission revolves around empowering our members through accessible banking solutions and exceptional service, fostering a strong sense of community and support for military members. Under the leadership of CEO Mark Krekelberg and Board President Stephen Peterson, we are committed to providing personalized banking experiences that meet the evolving needs of our members.

Headquartered in the heart of Ely, MN, we take pride in offering a range of modern banking tools designed to enhance your financial journey. With services such as online banking, a convenient mobile application, person-to-person transfers, e-statements, and mobile payments, managing your finances has never been easier. Additionally, your deposits are safeguarded by NCUA insurance, effective since 5/13/1976 0:00, giving you peace of mind as you engage with us. For more information about our services or to get started, visit us at https://elyareacu.org/ or reach out via fax at (218) 365-3045. Join us at ely-area where trust and accessibility are at the forefront of everything we do.

At ely-area, we pride ourselves on offering a comprehensive suite of financial services designed to meet the diverse needs of our members. Our offerings include personal banking solutions such as checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing, as well as personal loans for debt consolidation. We also cater to small businesses with our business banking services, which include merchant services and business loans. Our commitment to providing exceptional service is reflected in our digital access options, allowing members to easily manage their finances through online banking and our mobile application. With features like person-to-person transfers and mobile payments, handling everyday transactions has never been more convenient.

We understand that life is full of milestones, whether it's purchasing your first car, buying a home, or starting a small business. That's why we equip our members with the tools they need to plan effectively for these important moments. Our e-statements provide an efficient way to keep track of your finances while minimizing paper clutter, and though electronic signatures are not available at this time, we ensure that all other digital services are user-friendly and secure. Membership at ely-area is accessible for individuals who meet specific eligibility requirements, which can be explored further at http://www.elyareacu.org/new-membership-application . For those looking to finance a new vehicle or consolidate debt, consider checking out competitive rates through our loan comparison tool at https://www.lendmesh.com/loans/vehicle_loans . If you have any questions or need personalized support, feel free to reach out to us at (218) 365-3045; we're here to help you achieve your financial goals.

In today's financial landscape, choosing a trusted partner for your banking needs is crucial, and ely-area stands out as a reliable choice. With a robust Total Membership of 4,629, our commitment to serving the community has never been stronger. Our strength is further demonstrated by our impressive Total Assets of 69,699,623, which reflect our ability to manage resources effectively and provide value to our members.

Our financial health is underscored by a solid Net Worth of 9,581,964 and an impressive Net Income of 920,128. These figures not only signify stability but also our capacity to reinvest in services that benefit our members. With Total Deposits reaching 11,297,773, we ensure that your funds are secure while offering competitive rates on savings and loans.

At ely-area, we pride ourselves on being more than just a bank; we are a community-focused institution with Total Loans and Leases amounting to 1,842. This indicates our dedication to helping you achieve your financial goals, whether through personal loans, auto financing, or business solutions. Our team of skilled professionals—comprised of Total Employees at 10—is always ready to provide personalized service that addresses your unique needs.

The resilience of our organization is reflected in our strong Net Worth Ratio of 1,375, ensuring that we remain equipped to navigate any financial challenges while prioritizing member satisfaction. Additionally, with a growing Credit Card Loan Volume of 611 and an extensive Auto Loan Volume of 746, we offer diverse options for borrowing that cater specifically to your lifestyle and financial aspirations.

We believe in transparency and accountability, which is why all performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov . As you explore your financial options, consider partnering with a credit union that truly values its members' success. Compare real-time loan offers today at https://www.lendmesh.com/loans/vehicle_loans and find the best rates for your needs.