Embarrass Vermillion Credit Union Tower MN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Embarrass Vermillion, your trusted financial partner located at 505 Main St, Tower, MN 55790. Since our establishment in 1941, we have been dedicated to serving our community with a range of banking solutions tailored to meet your needs. With a strong membership base of 4,796 and total assets reaching an impressive $60,088,606, we pride ourselves on our commitment to providing personalized service and reliable financial products. At Embarrass Vermillion, we understand that every member's journey is unique. Whether you're looking for personal banking options such as checking and savings accounts, auto loans, or mortgages, or need business banking solutions including merchant services and business loans, we've got you covered. Our goal is to empower you with the tools and resources necessary for financial success. Our experienced team is led by CEO James Kramar and Board President Marty Hendrickson, who are passionate about ensuring that each member feels valued and supported. With 16 employees ready to assist you, we offer not only traditional banking services but also modern conveniences like online and mobile banking. While members can visit us at our branch location in Tower, official correspondence should be sent to PO BOX 433, Tower, MN 55790-5004. We encourage you to reach out via phone at (218) 753-4311 during our operating hours from 8:00 AM to 5:00 PM, Monday through Friday. Join us today at Embarrass Vermillion and experience the difference of a credit union that truly cares about its members. Visit our website at www.evfcu.org for more information or to apply for membership. Your financial future starts here!

Branch History & Mission

Welcome to the heart of our community at Embarrass Vermillion, where we have been proudly serving our members since 1941. Nestled at 505 Main St, Tower, MN 55790, our branch has a rich history that reflects both the growth of our credit union and the support we provide to our members. Over the years, we have grown to serve 4,796 members with total assets amounting to an impressive $60,088,606. Since opening our doors, Embarrass Vermillion has remained committed to fostering financial health and stability within our community. We've adapted to changing needs by providing essential services such as checking and savings accounts, auto loans, mortgages, and credit cards all designed with our members in mind. Our mission is simple: to empower individuals and families through accessible financial services while contributing positively to the local community. At Embarrass Vermillion, we believe in building lasting relationships. Our dedicated team of 16 employees is here to assist you from 8:00 AM to 5:00 PM Monday through Friday, whether you're visiting us in person or accessing our services online or via mobile banking. For added convenience, we offer ATM services and a drive-thru for quick transactions. We take pride in being a member-driven organization. Every decision we make is guided by the needs of our members and the greater good of the Tower community. This commitment extends beyond financial transactions; we actively engage in local outreach programs and partnerships that strengthen community bonds. While members can visit us at 505 Main St, official correspondence should be sent to PO BOX 433, Tower, MN 55790-5004. Join us at Embarrass Vermillion today! Experience how we're not just a credit union but a vital part of your community's fabric. Together, let's achieve your financial goals while making a positive impact on those around us. For more information about membership or our services, don't hesitate to call us at 218-753-4311 or visit our website at www.evfcu.org.

Branch Location & Accessibility

Accessibility Features

At Embarrass Vermillion, we believe that banking should be accessible for everyone. Our branch features ADA-compliant entrances and ramps for ease of access. Ample parking is available nearby, making your visit hassle-free.

Call to Action

Ready to experience hassle-free banking? We invite you to visit us at the Embarrass Vermillion branch or give us a call at 218-753-4311. Let us be your trusted partner in achieving your financial goals!

Services Offered

We're proud to offer a variety of services tailored to meet your financial needs, including personal banking options like checking and savings accounts, auto loans, and mortgage refinancing. Need cash? We have an ATM on-site for quick withdrawals and balance checks. Plus, if you're on the go, take advantage of our drive-thru service for basic transactions without leaving your vehicle. For more complex banking needs, we provide business banking solutions as well as online and mobile banking options so you can manage your finances anytime, anywhere.

Member Eligibility

At Embarrass Vermillion, we believe that everyone deserves a chance to be part of a warm and welcoming community. Becoming a member is simple and open to those who live, work, or worship in our local area, as well as their family members. Whether you're looking for personal banking solutions or just want to join a supportive network, we are here for you. For more detailed information about eligibility criteria, feel free to check out our website at http://www.evfcu.org/membership-application . Ready to take the next step? Opening an account with us is easy! Just visit https://www.mobicint.net/evf/login/loanapp to get started, or if you have any questions, don't hesitate to reach out at (218) 753-4311. We're located at 505 Main St Tower Mn 55790, and we can't wait to welcome you into the Embarrass Vermillion family!

Business Banking & Commercial Services

Loan Options for Growth

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 That Make a Difference

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine being able to accept payments quickly and securely from your customers whether they're paying online or at your storefront. Our tools help you streamline operations, manage cash flow better, and focus more on what you love growing your business. Located conveniently at 505 Main St Tower Mn 55790, Tower, MN 55790, we're here to partner with you on your financial journey. Reach out today at (218) 753-4311 or visit us online at https://www.evfcu.org/ to learn how we can help your business thrive!

Comprehensive List Of Services

Accessibility and Support

At Embarrass Vermillion, we also pride ourselves on our friendly customer service. You can reach us at (218) 753-4311 during operating hours from 8:00 AM to 5:00 PM Monday through Friday. Whether you have questions about opening an account or need assistance with one of our many services, we're just a call away. Join us at Tower Branch, where your financial well-being is our priority. Explore all the ways we can assist you today by visiting us online at https://www.evfcu.org/ or stop by our branch! We look forward to serving you soon!

Business Banking Solutions

For our business members, we understand that managing finances can be challenging. That's why we offer tailored Business Banking services, including Merchant Services and Business Loans. Our experienced team will work closely with you to develop solutions that support your business's growth and success.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From making deposits and checking balances to transferring funds between accounts, everything can be done right from your smartphone or computer. Additionally, our ATM & Cash Withdrawal Services ensure that you have access to cash when needed. With basic drive-thru banking available for deposits and withdrawals, along with easy ATM access for balance checks and withdrawals, managing your money has never been easier.

Personal Banking Services

Starting with our personal banking options, we offer various Checking & Savings Accounts designed for everyday banking needs. If you're planning to buy a new car, our Auto Loans & Vehicle Financing services provide competitive rates that can fit your budget. For those considering buying a home or refinancing an existing mortgage, our Mortgage Loans & Refinancing solutions are here to guide you through the process smoothly. Moreover, if you find yourself in need of quick cash or wish to consolidate debt, our Personal Loans & Debt Consolidation services can provide the financial relief you're seeking. And let's not forget about our credit cards with rewards perfect for those who want to earn while they spend!

Digital & Online Banking

Key Features for Your Convenience

Our online banking platform provides an easy way to keep track of your finances. You can quickly check your balances, transfer funds, and pay bills without any hassle. Plus, with our electronic signature authorization feature, signing documents has never been easier or safer. Say goodbye to printing and mailing forms everything can be done electronically! Are you tired of waiting for paper statements? With our e-statements availability, you'll receive your account statements directly in your inbox. This not only keeps your information secure but also helps reduce clutter at home.

Mobile Banking at Your Fingertips

For those who prefer managing their money on their smartphones, our mobile application offers a user-friendly experience. You can easily make person-to-person transfers with just a few taps, making it simple to send money to friends and family whenever you need to. And if you're someone who loves the convenience of mobile payments, rest assured that we've got that covered too! Whether you're at home or out and about, managing your finances with Embarrass Vermillion is designed to fit seamlessly into your lifestyle. Embrace the ease and security of digital banking today!

Financial Strength

Growing Together

We have a strong member base with a total of 9,819 share accounts, demonstrating the trust our community places in us. Our net shares available for lending stand at $332,870, which helps ensure that we can meet your financial needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Embarrass Vermillion is your trusted partner. Visit us at 505 Main St Tower Mn 55790 or call (218) 753-4311 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Your savings are secure with us. We hold $4,125,436 in share certificates, giving you stable and rewarding opportunities for growth. Additionally, while we do not have non-member deposits currently at $0, this emphasizes our dedication to prioritizing our members' needs first.

Operational Efficiency

Our $959,006 showcases our operational efficiency, enabling us to keep offering competitive loan rates and solid financial products tailored for our members. We're proud of our team too comprising 15 full-time employees and 1 part-time employees who are always ready to serve you with knowledge and dedication.

Reinvesting in Our Community

With $7,535,981 in undivided earnings, we continually reinvest in innovative banking tools and stronger lending options to enhance your experience with us. Our commitment to our members is further reflected in our lending capacity; we have extended $1,098 in used auto loans and $46,095,048 in total loans and leases to support your financial goals across various sectors.

Strong Financial Foundation

With a net worth of $9,091,147, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,513 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 $14,166,812 in used vehicle loans and $6,710,733 in new vehicle loans already helping members get on the road. We provide flexible financing options for both new and used vehicles, ensuring that you can drive away in the car you want without breaking the bank.

Credit Lines and Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,043,376 in loans helping members manage their finances effectively. If you're looking for extra funds for unexpected expenses or everyday purchases, our credit lines may be the perfect solution for you. Currently, our total credit lines stand at $2,220,000, providing ample opportunity for those who qualify.

Financing Options and Refinancing

If you're considering refinancing existing loans or exploring eligibility options for any of our products, don't hesitate to reach out. We're here to discuss how we can support your financial journey. You can contact us at 218-753-4311 during our business hours from 8:00 AM to 5:00 PM Monday through Friday. Our commitment is to provide personalized service tailored to your needs. 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 Embarrass Vermillion, we believe in empowering our members with the tools and resources needed to thrive financially. Let us help you take the next step today!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not offer Junior Lien 1-4 Family Residential Properties loans (totaling $0), we are here to help guide you through other home financing solutions available to our members.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Comparisons

LendMesh takes pride in its commitment to transparency and reliability. The 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.

EMBARRASS VERMILLION FEDERAL CREDIT UNION