Farmers Insurance Credit Union Caledonia MI | Affordable Auto Loans & Business Banking

Introduction

Welcome to Farmers Insurance Group Federal Credit Union, your trusted financial partner since 1936. Located at 5600 Beechtree Ln SE, Caledonia, MI 49316, we are committed to supporting our community and providing exceptional service to our 64,814 members. With total assets exceeding $1.46 billion, we take pride in our financial strength and stability. At Farmers Insurance, we understand the importance of your financial goals. Whether you're looking for a new auto loan, a mortgage, or just a reliable checking account, our team is here to help you every step of the way. Our CEO, Laura Campbell, alongside Board President Rudy Trevino, leads a dedicated staff of 257 employees who are ready to assist you with personalized banking solutions tailored to your needs. While members can visit us at our branch in Caledonia, official correspondence should be sent to our mailing address: PO Box 1894, Grand Rapids, MI 49501. We invite you to explore our offerings including personal loans, credit cards with rewards, and business banking services that can help you thrive financially. With total loans reaching 29,919 and total deposits of $48,301,006, we're here not just as a bank but as a vital part of your financial journey. Our commitment to member satisfaction is reflected in our comprehensive range of services and innovative online banking options. Ready to take control of your finances? Call us today at 800-877-2345 or visit us online at figfcu.org to discover how we can help you achieve your financial dreams!

Branch History & Mission

Farmers Insurance has a rich legacy that dates back to 1936 when it first opened its doors in Caledonia, MI. Over the decades, this credit union has grown from a small financial institution to a thriving community resource, now boasting a membership of over 64,000 individuals. Located at 5600 Beechtree Ln Se, our branch serves as a welcoming hub for members seeking personal banking services and support. While members can visit us at this address, official correspondence should be sent to PO Box 1894, Grand Rapids, MI 49501. From the beginning, Farmers Insurance has been committed to its mission: to provide reliable financial services while actively supporting the local community. This mission is reflected not just in the products we offer but also in our outreach efforts and partnerships with various local organizations. We aim to empower our members by providing them with the tools they need to achieve their financial goals, whether that involves securing an auto loan or opening a savings account. Throughout our history, Farmers Insurance has consistently adapted to meet the needs of our members. We have embraced technological advancements to enhance our services. Today, we offer online banking and mobile payments, making it easier than ever for our members to manage their finances on the go. Our commitment to accessibility includes ADA compliance measures so that everyone can benefit from our services. As a community-focused credit union, we take pride in being more than just a financial institution; we are your neighbor and partner in progress. With total assets exceeding $1.46 billion, Farmers Insurance is well-equipped to support our members' diverse needs from personal loans and mortgages to business banking solutions. Our operating hours are designed with your convenience in mind: we're open from 8 AM to 3:30 PM Monday through Friday. Unfortunately, we currently do not offer ATM or drive-thru services; however, our friendly staff is always ready to assist you inside the branch. We invite you to join Farmers Insurance and experience firsthand the benefits of being part of a credit union that truly cares about its members and community. Whether you're looking for straightforward banking solutions or valuable advice on managing your finances, we're here for you every step of the way. Visit us today and see how we can help you thrive!

Branch Location & Accessibility

Banking Services

At Farmers Insurance, we offer a variety of services to meet your financial needs. From checking and savings accounts to auto loans and mortgage options, we're committed to helping you achieve your financial goals. Our knowledgeable team is ready to guide you through the options available and answer any questions you might have.

Call to Action

We invite you to visit us at Farmers Insurance in Caledonia or give us a call at 800-877-2345 for any inquiries. Let us help you navigate your financial journey today!

Convenient Access

Our branch is designed with accessibility in mind. If you're driving, you'll find ample parking available right outside our doors. We also ensure that our facilities are ADA compliant so everyone can comfortably access our services. While we currently do not offer ATM services or drive-thru banking, our friendly staff is here to assist you during your visit.

Operating Hours

We understand that your time is valuable! That's why we keep our lobby open from 8:00 AM to 3:30 PM, Monday through Friday. Whether you need help with personal banking, auto loans, or setting up online banking services, we're here during those hours to provide assistance tailored just for you.

Member Eligibility

At Farmers Insurance, we believe that everyone deserves a chance to be part of a supportive community where financial growth and well-being are prioritized. Becoming a member is simple and welcoming! If you live or work in the area, or if you have family members who are already part of our credit union, you're likely eligible for membership. We invite you to learn more about these details by visiting our eligibility page at . Joining us means not just gaining access to a range of financial products tailored to your needs, but also being part of a community that values its members. Opening an account is straightforward, and we're here to guide you through each step of the process. You can easily get started by visiting our account opening page at http://www.figfcu.com/open-account-new-member ?ref=home or give us a call at (800) 877-2345 if you have any questions. We're excited to welcome you to Farmers Insurance, located at 5600 Beechtree Ln Se Caledonia Mi 49316, where your financial journey begins with care and support!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $5,209 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $31 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $624,219,909, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine having a reliable partner that streamlines your payment processes. Our merchant services make it easier for you to accept payments, manage transactions, and grow your customer base. For instance, whether you run a café or a retail store in Caledonia, our services can simplify your operations and enhance customer satisfaction. With us at 5600 Beechtree Ln Se Caledonia Mi 49316, located right in the heart of Caledonia, MI, you're not just getting a bank; you're gaining a partner dedicated to your success. Let's work together to turn your vision into reality!

Comprehensive List Of Services

Additional Services

While traditional banking is important, we also offer essential services like ATM & Cash Withdrawal Services to make accessing your money straightforward and hassle-free. At Farmers Insurance, we believe in building lasting relationships with our members by offering comprehensive services that cater to both personal and commercial needs. We invite you to visit us or give us a call at (800) 877-2345 to learn more about how we can help enhance your financial well-being. Ready to take the next step? Explore our offerings further by visiting us online at Farmers Insurance Group Federal Credit Union or stop by our branch today! Your journey towards financial success starts here!

Business Banking Solutions

For small business owners, we understand the unique challenges you face. Our Business Banking services include essential offerings such as Merchant Services & Business Loans, designed to help your business thrive. We work closely with entrepreneurs like you to provide customized financial solutions that meet the specific needs of your business.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we emphasize our robust Online & Mobile Banking features. With easy access through your smartphone or computer, managing your accounts has never been simpler. You can check balances, transfer funds, and even deposit checks from anywhere at any time.

Personal Banking Services

Navigating your finances can be challenging, but with our Personal Banking options, you have the support you need. We offer various Checking & Savings Accounts designed to fit different lifestyles. For those looking to purchase a new vehicle, our Auto Loans & Vehicle Financing provide competitive rates and flexible terms, making it easier for you to drive away in your dream car. Thinking about buying a home? Our Mortgage Loans & Refinancing services are tailored to help you find the right mortgage solution that fits your budget. If you're facing unexpected expenses or need to consolidate debt, our Personal Loans & Debt Consolidation options can provide the relief you need. Plus, with our Credit Cards with Rewards, you can earn points on every purchase, helping you save on future expenses.

Digital & Online Banking

Key Features

With our online banking platform available at https://figfcu.org/ , you can access your accounts 24/7. This means you can check balances, transfer funds, and pay bills anytime you need to. Plus, with our mobile application, banking is literally at your fingertips allowing you to manage your money from your smartphone whenever it suits you. We also make it easy for you to send money to friends and family through our person-to-person transfer feature. No more hassles with cash or checks; just a few taps on your phone and you're done! For those who prefer paperless statements, we provide e-statements that are not only eco-friendly but also secure. You'll receive your account statements directly in your inbox, making it easier to keep track of your transactions without the clutter.

Security and Accessibility

Security is paramount at Farmers Insurance. Our electronic signature authorization feature allows you to sign documents safely online without the need for paper forms. This ensures that your personal information remains protected while giving you the flexibility to handle important paperwork from wherever you are. Our mobile payments feature adds another layer of convenience by letting you make purchases directly from your smartphone. It's quick, easy, and safe perfect for those busy days when you're out and about. In summary, Farmers Insurance is committed to providing accessible and user-friendly digital banking solutions that fit seamlessly into your life. Explore all these features today by visiting us online at https://figfcu.org/ your bank is just a click away!

Financial Strength

Growing Member Trust

Total Share Accounts at 146,052 show a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) stand at $0, further reinforcing our commitment to serving you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Farmers Insurance is your trusted partner. Visit us at 5600 Beechtree Ln Se Caledonia Mi 49316 or call (800) 877-2345 to learn more about how we can help you achieve your financial goals.

Investment in Your Future

With $136,127,085 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 members' financial goals across various sectors with $2,608 in used auto loans and $1,376,552,708 in total loans and leases.

Member-Centric Savings

Members' savings are secured through $292,469,522 in share certificates and $74,450,305 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $265,035,664, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $-3,906,632, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 254 full-time employees and 3 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 $139,774,047, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $952 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 $39,990,945 in used vehicle loans and $22,797,370 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles to fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $624,219,909 provide the capital needed to grow and expand your business. We understand the importance of having reliable funding for your operations and are dedicated to supporting local businesses.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $127,499,501, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance your current mortgage, our team is here to guide you through the process.

Refinancing Options

If you're looking to lower your monthly payments or take advantage of better interest rates, we also offer refinancing options across many of our loan products. Speak with one of our representatives to learn more about eligibility requirements and how we can assist you. You can reach us at 800-877-2345 for more information or visit us at our branch located at 5600 Beechtree Ln Se Caledonia Mi 49316. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore our loan offerings today and see how Farmers Insurance can help you achieve your financial goals!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $41,659,850 in loans helping members manage their finances effectively. This option provides you with the flexibility to handle unexpected expenses or consolidate debt without needing collateral.

Loan Aggregator

Accurate Loan 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 guarantees that all offers presented are fair and transparent. Users can trust that the loan options they see are legitimate and relevant to their financial needs.

Benefits of Using LendMesh

One of the key advantages of using LendMesh is its commitment to providing verified data. All loan offers come from credible financial institutions, ensuring transparency throughout the comparison process. Additionally, LendMesh does not feature sponsored listings; lenders are not prioritized based on paid promotions. This means users receive unbiased results every time they search for loans. Moreover, LendMesh provides real-time rate comparisons from multiple institutions. With up-to-date information at their fingertips, users can make informed decisions about which loan fits their situation best. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the effectiveness and reliability of this tool. For those looking to compare real-time loan offers today, visit LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

FARMERS INSURANCE FEDERAL CREDIT UNION