FedChoice Lanham MD Credit Union | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Fedchoice, your trusted financial partner located at 5000 Ellin Rd Rm C1100, Lanham, MD 20706. Since our establishment in 1935, we have been dedicated to serving our community and fostering financial well-being among our 24,761 members. With a robust asset base of over $439 million and total deposits reaching $25,869,233, we pride ourselves on providing a stable and supportive banking environment. At Fedchoice, we believe in building lasting relationships with our members. Our CEO, Brett Noll, along with Board President Arthur Altman, lead a committed team of 84 employees who are here to help you navigate your financial journey. Whether you're looking for personal banking solutions like checking and savings accounts or need assistance with auto loans and mortgages, we are here to support you every step of the way. While members can visit us at our branch location, official correspondence should be sent to our mailing address: 10001 Willowdale Rd, Lanham, MD 20706-1348. Our doors are open from 9:00 AM to 4:00 PM on weekdays, so feel free to stop by or reach us at 301-699-6100. Join us as we continue to make a positive impact in our community by offering tailored financial services that meet your needs. Explore more about what we offer by visiting our website at Fedchoice. We look forward to helping you achieve your financial goals!

Branch History & Mission

Community Commitment

Community involvement is at the core of what we do. We actively seek partnerships that strengthen local initiatives and support outreach programs designed to uplift those around us. Whether it's volunteering time or contributing resources, we strive to make a positive impact on the lives of residents in Lanham and beyond. In addition to traditional banking services like ATM availability and drive-thru options (note: currently no drive-thru service), we ensure that accessibility is paramount by adhering to ADA compliance standards across all facilities.

Join Us

We invite you to be part of something special at Fedchoice. With operating hours from 9:00 AM to 4:00 PM on weekdays and an array of services tailored just for you, there's never been a better time to join us. Experience firsthand how we're not just your bank but your partner in achieving financial success. Reach out today at 301-699-6100 or explore more about membership opportunities at Fedchoice. Together, let's build a brighter financial future!

Our Mission

At Fedchoice, our mission extends beyond providing financial products. We are dedicated to empowering our members through education and support. We believe that everyone deserves the chance to achieve their financial goals, whether it's buying a first home or managing debt effectively. Our team is here to guide you every step of the way. While members can visit us at 5000 Ellin Rd Rm C1100 for all their banking needs, official correspondence should be sent to our mailing address at 10001 Willowdale Rd, Lanham, MD 20706-1348.

Our Story

The journey of Fedchoice began with a simple mission: to provide accessible financial services to our members while fostering a sense of community. From the moment we opened our doors at 5000 Ellin Rd Rm C1100, Lanham, MD 20706, we aimed to be more than just a credit union; we aspired to be a vital resource for individuals and families striving for financial stability. Throughout our history, we've made significant strides in enhancing our offerings. We introduced various personal banking solutions such as checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. Our commitment to innovation led us to embrace online and mobile banking platforms, ensuring our members can manage their finances conveniently from anywhere.

Branch Location & Accessibility

Connect With Us

Have questions or need assistance? Feel free to give us a call at 301-699-6100. Our team is eager to help you navigate your financial journey. We look forward to seeing you soon at Fedchoice!

Convenient Access

Whether you're coming from nearby shopping areas or commuting from work, our location is easy to find. We have ample parking available for your convenience, ensuring a smooth visit every time. The branch is also ADA-compliant, featuring ramps and other accessibility features to welcome all members of our community.

Operating Hours & Services

Our friendly staff is here to assist you Monday through Friday from 9:00 AM to 4:00 PM. We offer a range of services including checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. Plus, with ATM availability on-site, you can easily withdraw cash or check your balance whenever needed. While members can visit us at our physical location for all their banking needs, official correspondence should be sent to our mailing address at 10001 Willowdale Rd, Lanham, MD 20706-1348.

Member Eligibility

At Fedchoice, we believe that everyone deserves the chance to be part of a caring and supportive community. If you're looking to join us at our branch located at 5000 Ellin Rd Rm C1100, Lanham, MD 20706, becoming a member is simple and welcoming! To be eligible, you just need to meet a few friendly criteria, which generally include living, working, or worshipping in certain areas, or being related to an existing member. We want to ensure that our membership reflects the diverse community we serve. For detailed information on eligibility requirements, feel free to check out our resource page at fedchoice.org/become-a-member. Once you're ready to take the next step, opening an account with us is a breeze! You can easily start the process online by visiting this link. If you have any questions or need assistance along the way, don't hesitate to call us at 301-699-6100. We're here for you every step of the way as you join our Fedchoice family!

Business Banking & Commercial Services

Business Loans That Empower Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $11 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $35 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $9,844,617, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Operations

In addition to loans, we offer comprehensive merchant services designed to streamline everyday operations. Imagine a local café efficiently processing customer payments using our reliable systems, allowing the owner to focus on what they love serving great food and building relationships with patrons. From payment processing to payroll solutions, our services are crafted to help businesses thrive. Visit us at 5000 Ellin Rd Rm C1100 Lanham Md 20706, Lanham, MD or call us at (301) 699-6100 to discover how we can support your business journey!

Comprehensive List Of Services

Business Banking Tailored for You

For our business members, we offer specialized banking solutions that help you grow and manage your business effectively. From merchant services that simplify payment processing to business loans designed to support expansion and operational needs, Fedchoice has the tools necessary for success in today's marketplace.

Connect With Us

We invite you to visit us at our Lanham location or give us a call at 301-699-6100 during our lobby hours from 9:00 AM to 4:00 PM (Monday through Friday). Experience firsthand how Fedchoice can help empower your financial journey with comprehensive services tailored just for you. Ready to take the next step? Explore all that we have to offer by visiting us online at Fedchoice today!

Digital Banking at Your Fingertips

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking options that allow you to manage your accounts anytime, anywhere. Whether you're checking balances, transferring funds, or making payments, our digital services make banking easy and efficient. Plus, with ATM access available for cash withdrawals and balance checks, you can enjoy banking on the go without any hassle.

Home Financing Solutions

Thinking about purchasing a home or refinancing your current mortgage? At Fedchoice, we understand that home financing is a significant step in your life. Our mortgage loans come with favorable terms that make it easier for you to secure the home of your dreams. Our knowledgeable staff is here to guide you through the process, ensuring it's as smooth and stress-free as possible.

Personal Banking Made Simple

Navigating personal finance can sometimes feel overwhelming, but with Fedchoice, it doesn't have to be. Our checking and savings accounts are designed with you in mind, offering easy access to your funds along with competitive interest rates. If you're dreaming of a new car or need to consolidate debt, our auto loans and personal loans provide flexible options that can fit any budget. We also offer credit cards with rewards, so you can earn while you spend perfect for those everyday purchases!

Digital & Online Banking

Convenience at Your Fingertips

We believe that banking should adapt to your needs. That's why we've made it simple for members like you to manage accounts in real time. From checking balances to setting up alerts for important transactions, every feature is designed with user-friendliness in mind. At Fedchoice, we strive to empower our members with tools that simplify banking tasks and enhance financial well-being. Join us today and experience how our digital and online banking solutions can make your life easier!

Key Features

With our 24/7 online banking services, you can check your account balances, pay bills, and transfer money all from the comfort of your own device. Need to send money to a friend? Our person-to-person transfer feature makes it a breeze to share funds quickly and securely. Plus, for those who prefer managing their accounts on their smartphone, our mobile application is available to ensure you have access right in your pocket. Security is paramount in all our online services. We utilize electronic signature authorization for transactions, making it easier for you to approve requests while keeping your information safe. Additionally, with e-statements available, you can review your financial history without the hassle of paper statements cluttering your mailbox.

Financial Strength

At Fedchoice, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to maintaining a strong financial foundation ensures that you can trust us with your savings and loans. With a net worth of $41,363,149, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $940 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $57,909,768 in share certificates and $94,667,089 in money market shares, offering stable and rewarding financial growth opportunities. We prioritize our members over profit; our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our financial strength is also reflected in our $40,957,002 in undivided earnings. This means we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $1,339 in used auto loans and $276,271,681 in total loans and leases, our lending capacity supports your financial goals across various sectors. Even though our current net income stands at $0, it reflects our operational efficiency and commitment to serving you with quality products. We also take pride in having 83 full-time employees and 1 part-time employees who are always ready to assist you with their knowledge and dedication. Total Share Accounts: 48,710, showing a robust 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, Fedchoice is your trusted partner. Visit us at 5000 Ellin Rd Rm C1100 Lanham Md 20706 or call (301) 699-6100 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.

Loan Offering

Additional Services

In addition to our primary loan offerings, we also provide credit lines with a total amount of $107,725,250 available for those looking for more flexibility in their borrowing options. We encourage you to explore all our products and find what suits you best. If you're considering refinancing or would like more information about eligibility options, please don't hesitate to reach out. Our friendly staff is here to guide you through the process. For any questions or further assistance, feel free to contact us at (301) 699-6100, or visit us at our branch located at 5000 Ellin Rd Rm C1100 Lanham Md 20706 in Lanham, MD. At Fedchoice, we're dedicated to helping you succeed financially. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $25,082,651 in used vehicle loans and $42,522,986 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used car, we have options that fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $9,844,617 provide the capital needed to grow and expand your business operations. We understand the unique challenges businesses face and are committed to supporting local entrepreneurs with flexible financing solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $46,298,618, make buying or refinancing simple. We strive to provide competitive rates and flexible terms to help you secure the home of your dreams.

Unsecured Credit Card Loans

Managing your finances effectively is easier with our flexible terms on unsecured credit card loans, with a total of $17,547,932 in loans available for our members. This option is perfect for those who want to consolidate debt or cover unexpected expenses without the hassle of collateral.

Loan Aggregator

Benefits of Using LendMesh

Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency. This means you won't encounter hidden fees or misleading terms in your loan options. No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results so that users can easily find the most favorable terms available. Real-Time Rate Comparisons: LendMesh provides up-to-date loan rates from multiple institutions. Users can compare offers side-by-side to identify the best fit for their financial needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the value that LendMesh brings to those seeking loans. Compare real-time loan offers today at 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.*

Fedchoice

Introduction

Branch History & Mission

Community Commitment

Join Us

Our Mission

Our Story

Branch Location & Accessibility

Connect With Us

Convenient Access

Operating Hours & Services

Member Eligibility

Business Banking & Commercial Services

Business Loans That Empower Growth

Merchant Services That Simplify Operations

Comprehensive List Of Services

Business Banking Tailored for You

Connect With Us

Digital Banking at Your Fingertips

Home Financing Solutions

Personal Banking Made Simple

Digital & Online Banking

Convenience at Your Fingertips

Key Features

Financial Strength

Loan Offering

Additional Services

Auto Loans

Business Loans

Mortgage Loans

Unsecured Credit Card Loans

Loan Aggregator

Benefits of Using LendMesh

Join Our Community