Erie Lackawanna Railroad Co Emp Credit Union Hoboken NJ | Low Mortgage Rates & Quick Auto Loans

Introduction

Welcome to Erie Lackawanna Railroad Co Emp, your trusted financial partner located at 89 Washington St, Hoboken, NJ 07030. Since our establishment in 1940, we have been dedicated to serving our community with integrity and care. As a member-focused credit union, we take pride in fostering a welcoming environment where everyone can thrive financially. With a robust membership of 1,877 and total assets reaching an impressive $11,076,111, we are committed to providing you with the resources needed to achieve your financial goals. Whether you're looking for personal banking solutions like checking and savings accounts, auto loans, or even mortgage refinancing options, we've got you covered. Our team is here to help guide you through every step of your financial journey. While members can visit us at our branch address, official correspondence should be sent to 89 Washington Street, Hoboken, NJ 07030-4526. We understand that reliable communication is essential, which is why you can always reach us at (201) 222-8325 during our business hours from Monday to Friday, 10 a.m. to 4 p.m. EST. Under the leadership of our CEO, Henry Slootmaker, and Board President Sidney Denny Jr., we strive to maintain a solid foundation of trust and accountability. With a net worth of $2,933,895 and total deposits amounting to $1,297,672, we prioritize the financial well-being of our members above all else. At Erie Lackawanna Railroad Co Emp, we are more than just a credit union; we are a community hub where members can access personalized services tailored to their unique needs. Join us today and discover how we can support you on your financial journey! Visit our website or give us a call we're excited to help you reach your goals!

Branch History & Mission

At Erie Lackawanna Railroad Co Emp, we take pride in our rich history and unwavering mission to serve our members and the community. Founded in 1940, our branch has been a cornerstone of financial support in Hoboken, NJ for over eight decades. Located at 89 Washington St, our office is easily accessible, nestled in a vibrant area that reflects the spirit of community and growth. From humble beginnings, we have grown to serve 1,877 members with total assets reaching an impressive $11,076,111. Our journey is marked by milestones that demonstrate our commitment to providing exceptional financial services while fostering community connections. Over the years, we have adapted to meet the evolving needs of our members, offering a range of personal and business banking options including checking and savings accounts, auto loans, mortgage loans, and more. Our mission is simple yet profound: to empower our members through reliable financial services while actively supporting our local community. We believe that when our members thrive, so does the community. This philosophy drives us to engage in outreach efforts and partnerships that uplift those around us. We focus not just on transactions but on building lasting relationships based on trust and support. While you can visit us at 89 Washington St, official correspondence should be sent to 89 Washington Street, 3rd Floor, Hoboken, NJ 07030-4526 if needed. Our lobby is open Monday through Friday from 10 a.m. to 4 p.m. EST, making it easy for you to reach out and discover how we can assist you. As technology advances, we continue to explore new ways to enhance member experiences while ensuring compliance with accessibility standards. Although we currently do not offer ATM services or drive-thru banking, we're dedicated to providing personalized service through our knowledgeable team who are here to help you navigate your financial journey. We invite you to join us at Erie Lackawanna Railroad Co Emp and experience the difference of being part of a credit union that truly cares about its members and their financial well-being. Together, let's build a brighter future for Hoboken and beyond! If you're ready to take the next step or want more information about our services, don't hesitate to call us at 201-222-8325 today!

Branch Location & Accessibility

Accessibility Features

We take pride in providing a welcoming environment for all our members. Our branch features ADA-compliant accessibility options to ensure everyone can comfortably visit us. Parking is available nearby, and we have ramps for easy access.

Banking Services

At Erie Lackawanna Railroad Co Emp, we offer a range of services tailored just for you. Whether you're looking for competitive auto financing or need help with personal loans and credit cards with rewards, we're here to help. While we don't currently have ATM availability or drive-thru services at this location, our friendly staff is always ready to assist you inside the branch.

Connect With Us

If you have any questions or need assistance, please don't hesitate to reach out by calling us at 201-222-8325. We invite you to visit our branch today and discover how we can support your financial journey!

Operating Hours

Our lobby hours are designed to fit your busy schedule. We are open Monday through Friday from 10 a.m. to 4 p.m. EST, ready to assist you with personal banking services including checking and savings accounts, auto loans, mortgage loans, and more.

Member Eligibility

Joining the vibrant community at Erie Lackawanna Railroad Co Emp is a wonderful step towards enjoying a range of financial services tailored just for you. If you live, work, or worship in the area, or have family members who are already part of our credit union, you're likely eligible to become a member! Being part of Erie Lackawanna Railroad Co Emp means you'll gain access to personalized banking solutions, competitive loan rates, and friendly service that feels like family. For more detailed eligibility information, feel free to check out our comprehensive guide at . Getting started is easy just give us a call at (201) 222-8325, and one of our dedicated team members will walk you through the account opening process. We're here to make your transition into membership as smooth as possible. Visit us at our branch located at 89 Washington St Hoboken Nj 07030, where we can assist you in setting up your new account and answering any questions you may have. Join us today and experience the benefits of being a member at Erie Lackawanna Railroad Co Emp!

Business Banking & Commercial Services

Member Commercial Loans

- We've funded over $0 in commercial loans for our members, helping businesses scale and succeed.

Non-Member Commercial Loans

- We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions.

Outstanding Commercial Loans

- With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses. In addition to our loan offerings, our merchant services streamline payment processes so you can focus on what you do best running your business. Whether it's accepting credit cards or managing transactions, our solutions are designed to make your operations smoother and more efficient. Located at 89 Washington St Hoboken Nj 07030 in Hoboken, NJ, we're dedicated to being a reliable partner for all your business banking needs. Contact us at (201) 222-8325 to learn how we can support your journey toward success!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we currently do not have an ATM on-site, rest assured that we facilitate easy access to cash withdrawal services through shared networks nearby. At Erie Lackawanna Railroad Co Emp, we're dedicated to serving our community by providing comprehensive financial solutions tailored just for you. If you're ready to learn more about any of these services or have questions about how we can assist you further, don't hesitate to reach out! Call us at (201) 222-8325 during our operating hours Monday through Friday from 10 a.m. to 4 p.m. and let's start working together towards achieving your financial goals!

Auto Loans & Vehicle Financing

Thinking about purchasing a new vehicle? Our auto loans and vehicle financing options are here to assist you in getting behind the wheel without breaking the bank. With competitive rates and flexible terms, we make it easy to finance your dream car. Picture yourself driving off in that shiny new vehicle, knowing you've secured an excellent deal!

Business Banking

For entrepreneurs and small business owners, our business banking services provide essential tools such as merchant services and business loans. We know how hard you work to keep your business thriving, so we offer resources designed to help it grow. Think about how much easier managing finances will be with dedicated support from professionals who understand your industry.

Credit Cards with Rewards

Our credit cards with rewards allow you to earn points or cash back on everyday purchases. This means that every time you shop for groceries or fill up your tank, you're working toward exciting rewards! It's like getting paid for spending money how great is that?

Mortgage Loans & Refinancing

If owning a home is part of your future plans or if you're considering refinancing your current mortgage, our mortgage loans and refinancing services can guide you through the process. We understand that buying a home is one of the most significant decisions you'll ever make. That's why we're here to support you every step of the way, ensuring that you find the best mortgage option for your unique situation.

Online & Mobile Banking

In today's fast-paced world, convenience matters. That's why at Erie Lackawanna Railroad Co Emp, we offer robust online and mobile banking options. You can easily manage accounts, pay bills, transfer funds, and more all from the comfort of your home or on the go. Imagine handling all your banking needs right from your smartphone!

Personal Banking

Managing your day-to-day finances is simple with our personal banking services. We offer various checking and savings accounts designed to help you save more effectively while also providing convenient access to your funds. Imagine having a checking account that not only meets your everyday needs but also earns interest, helping you grow your money over time.

Personal Loans & Debt Consolidation

Life can bring unexpected expenses, and when it does, our personal loans and debt consolidation options are available to provide relief. Whether it's consolidating debt or funding a special project, we're ready to help. Imagine taking control of your financial situation with a loan that simplifies your payments and reduces stress.

Digital & Online Banking

At Erie Lackawanna Railroad Co Emp, we understand that banking should be as convenient and secure as possible. That's why we offer a range of digital and online banking services designed to meet your needs, whether you're at home or on the go. Our online banking service provides you with easy access to manage your accounts anytime, anywhere. With features like real-time account management, you can check your balances, view transactions, and transfer funds with just a few clicks. While our online banking is currently not available at Erie Lackawanna Railroad Co Emp through , we are committed to enhancing your experience in the near future. In today's fast-paced world, security is paramount. We prioritize the safety of your information, ensuring that all transactions are protected with advanced security measures. You can bank with peace of mind knowing that your personal and financial data is safe. While we currently do not offer electronic signatures or e-statements, we strive to make banking accessible and straightforward for all our members. Our focus is on providing straightforward services without unnecessary complications. Though mobile payments and a dedicated mobile application are not yet available, we're continuously exploring ways to enhance your banking experience. Features such as person-to-person transfers are also in development, making it easier for you to send money directly to friends or family when needed. With Erie Lackawanna Railroad Co Emp, you can expect a commitment to improving our services while maintaining the friendly support of our team. We're here to help you navigate your financial journey with ease and confidence!

Financial Strength

Community Trust

Our commitment is reflected in the growing trust from our community, as shown by the 1,969 total share accounts that demonstrate a strong member base relying on us for their financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Erie Lackawanna Railroad Co Emp is your trusted partner. Visit us at 89 Washington St Hoboken Nj 07030 or call (201) 222-8325 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $2,918,104 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $101 in used auto loans and $3,289,008 in total loans and leases.

Member-Centric Resources

Members' savings are secured through $2,851,283 in share certificates, offering stable and rewarding financial growth opportunities. This dedication to safeguarding your savings is coupled with our focus on you unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are directed towards benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is evident in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 1 full-time employees and 2 part-time employees ready to serve you with a knowledgeable team.

Strong Financial Health

With a net worth of $2,933,895, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,645 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 $1,414,132 in used vehicle loans and $197,980 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, our auto financing options make it easy to drive away with confidence.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We strive to provide clear guidance throughout the mortgage process to help you secure the best possible rate.

Personal Loans and Credit Lines

In addition to auto and mortgage loans, we also offer personal loans and unsecured credit lines for those unexpected expenses or planned purchases. With $1,000,000 available in total credit lines, you can access the funds you need without hassle. If you're considering debt consolidation or simply need extra cash flow, our team is ready to assist you in finding a solution that fits your lifestyle.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. These cards come with no collateral requirement and provide an easy way to handle everyday expenses while building your credit history. For those looking into refinancing options or checking eligibility for any of our products, feel free to reach out to us at 201-222-8325. We're committed to helping you find the best lending solutions tailored specifically for 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. Come visit us at Erie Lackawanna Railroad Co Emp and discover how we can help turn your financial aspirations into reality!

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