Ferguson Credit Union Monticello MS | Affordable Auto Loans & Business Banking

Introduction

Welcome to Ferguson, your trusted partner in financial wellness located at 1026 E Broad St, Monticello, MS 39654. Since opening our doors in 1968, we have proudly served our community, building a strong foundation of trust and support among our 10,318 members. With total assets exceeding $91,574,750, we are committed to providing you with the financial tools and resources needed to thrive. At Ferguson Credit Union, we believe in putting our members first. Our dedicated team of 50 employees, led by CEO Vernon Clevenger and Board President Lynell James, is here to assist you every step of the way. Whether you are looking for personal banking solutions like checking and savings accounts or need financing options such as auto loans or mortgages, we have tailored services just for you. While members can visit us at our branch location, official correspondence should be sent to the same address: 1026 E Broad St, Monticello, MS 39654. Our commitment extends beyond just banking; we aim to make a positive impact on our community through various financial literacy programs and member engagement initiatives. With total loans reaching 3,511 and deposits totaling $4,891,129, Ferguson is not just about numbers; it's about nurturing relationships and fostering financial growth within our community. We invite you to explore what we have to offer by visiting our website at fergusonfcu.org. Call us today at 601-806-3328 to learn more about how we can assist you in achieving your financial goals!

Branch History & Mission

Welcome to the Ferguson Credit Union, where our story is deeply rooted in community and service. Established in 1968, our Monticello Branch has been a steadfast financial partner for over five decades. Located at 1026 E Broad St, Monticello, MS 39654, we are proud to serve our local residents and businesses with dedication and integrity. From humble beginnings, Ferguson Credit Union has grown remarkably. Today, we proudly boast a total membership of over 10,300 individuals who trust us with their financial needs. Our total assets have reached an impressive $91574750, reflecting our commitment to providing valuable services that empower our members. Our mission is clear: to provide exceptional financial services while fostering community support and growth. We strive to make banking accessible for everyone, offering a range of products from checking and savings accounts to auto loans, mortgages, and business banking solutions. Our goal is not just to serve our members but also to contribute positively to the Monticello community. At Ferguson Credit Union, we embrace modern advancements while ensuring that all our facilities are ADA compliant. Whether you prefer online banking or face-to-face assistance, we're here for you. We offer convenient operating hours from Monday to Thursday, 8:00 AM - 4:00 PM and Friday from 9:00 AM - 5:00 PM. Our branch includes both ATM availability and drive-thru banking for added convenience. Our efforts extend beyond traditional banking; we actively engage in partnerships and outreach programs that benefit local schools and organizations. By supporting these initiatives, we aim to uplift the community we cherish. While members can visit us at 1026 E Broad St Monticello Ms 39654, official correspondence should be sent to 1026 E Broad St, Monticello, MS 39654. If you're looking for a financial partner dedicated to your success and well-being, consider joining Ferguson Credit Union today! Experience firsthand the benefits of being part of a credit union that truly cares about its members. For more information about membership or services, please call us at (601) 806-3328 or visit our website at fergusonfcu.org.

Branch Location & Accessibility

Banking Hours Made Simple

We're here when you need us! Our lobby hours are Monday through Thursday from 8:00 AM to 4:00 PM and Friday from 9:00 AM to 5:00 PM. This schedule provides flexibility for those who work during traditional banking hours. Plus, if you're in a hurry, take advantage of our drive-thru service for quick deposits and withdrawals.

Comprehensive Services Just for You

Ferguson offers a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got everything you need under one roof. Our ATM is available for cash withdrawals and balance checks whenever you need it, ensuring you're never far from your funds. For members who may require shared services, we are proud to offer basic transactions for partner credit union members as well.

Easy Access and Parking

At Ferguson, we understand the importance of accessibility. Our branch is designed with your comfort in mind, featuring ADA-compliant entrances and ramps for easy access. Ample parking is available, so you can visit us without the hassle of searching for a spot. Whether you're stopping by for a quick transaction or planning a longer visit, we've got you covered.

Reach Out Anytime

Have questions or need assistance? Don't hesitate to give us a call at 601-806-3328. Our friendly staff is always ready to help you with any inquiries or concerns. While members can visit us at our Monticello location, official correspondence should be sent to the same address: 1026 E Broad St, Monticello, MS 39654. We invite you to stop by Ferguson today! Experience the convenience of community banking where your needs come first.

Member Eligibility

Becoming a member of Ferguson feels like joining a family that genuinely cares about your financial well-being. If you're looking to experience the benefits of personalized banking, you'll be happy to know that membership is open to anyone who lives, works, worships, or attends school in the Monticello area and surrounding communities. This inclusivity means that you can enjoy our wide range of services designed to help you thrive financially. Whether you're interested in checking and savings accounts, auto loans, or credit cards with rewards, we're here to support your journey. Joining us is a breeze! You can start the process by visiting our website for more details on eligibility at http://fergusonfcu.org/become-a-member . When you're ready to open an account, head over to http://fergusonfcu.org/online-banking-enrollment for easy online enrollment. If you have any questions or need assistance, feel free to reach out at (601) 806-3328. We're excited to welcome you to the Ferguson family at 1026 E Broad St Monticello Ms 39654, where your financial goals become our priority!

Business Banking & Commercial Services

Loan Options That Empower Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $47 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $4,115,321, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services for Everyday Success

Beyond loans, our merchant services simplify the payment process, allowing you to focus on what matters most running your business. Imagine a customer walking into your store and being able to pay effortlessly using their preferred method. Our services make transactions smooth and efficient, enhancing customer satisfaction and loyalty. Visit us at 1026 E Broad St Monticello Ms 39654 in Monticello, MS, or call us at (601) 806-3328 to discover how we can support your business journey today!

Comprehensive List Of Services

Accessibility at Your Fingertips

We believe that banking should be accessible for everyone. That's why we provide basic ATM access for withdrawals and balance checks so you can stay on top of your finances effortlessly. If you're ready to explore all that Ferguson has to offer or have any questions about how we can assist you further, please don't hesitate to reach out! Call us at (601) 806-3328 during our operating hours Monday through Friday from 8:00 AM to 4:00 PM (with extended hours on Fridays until 5:00 PM). Visit us today or check out our website at Monticello Branch for more information about becoming a member or opening an account online! With commitment and care, we're here for you at every stage of your financial journey!

Business Banking Support

At Ferguson, we also support local businesses through our comprehensive Business Banking services. From Merchant Services that simplify payment processing to tailored Business Loans that help you expand or improve operations, we've got your business covered.

Digital and Convenient Banking

In today's fast-paced world, convenience is key. Our robust Online & Mobile Banking features allow you to manage your accounts from anywhere at any time. You can easily check balances, transfer funds, and pay bills with just a few taps on your smartphone or computer. With access to an ATM and cash withdrawal services, getting cash is quick and easy. We also offer basic drive-thru banking for those who prefer face-to-face service for deposits, withdrawals, and simple transactions without leaving their vehicle. Additionally, our shared branch transactions enable members from partner credit unions to perform essential banking tasks like deposits and withdrawals right here at our location.

Personal Banking Solutions

We understand that managing your finances can be overwhelming at times. That's why we offer Personal Banking services, including Checking & Savings Accounts that help you keep track of your day-to-day finances while saving for future goals. If you're considering buying a car, our Auto Loans & Vehicle Financing options are designed with competitive rates and flexible terms to fit your budget. For those planning to purchase a home, our Mortgage Loans & Refinancing services ensure you have access to the best options available. And if unexpected expenses arise, our Personal Loans & Debt Consolidation services can provide the relief you need without added stress. Plus, enjoy rewards on spending with our Credit Cards with Rewards, making each purchase work for you.

Digital & Online Banking

Convenient Online Banking

With our online banking platform available at https://fergusonfcu.org/ , you can easily check your balances, pay bills, and transfer funds with just a few clicks. Need to make a quick transfer to a friend? Our person-to-person transfer feature makes it a breeze. Plus, you can access all these services 24/7, so you're never tied down to traditional banking hours.

Easy Account Management

Managing your money has never been easier. From accessing your accounts on any device to enjoying real-time updates about your transactions, Ferguson ensures that everything is right at your fingertips. Join us today and experience the ease of digital banking tailored just for you!

Mobile Banking at Your Fingertips

Our mobile application provides even more convenience. You can manage your accounts directly from your smartphone, making it easier than ever to stay on top of your finances while you're out and about. And if you're into mobile payments, you'll love that we support this feature too!

Stay Secure and Informed

Security is our top priority. With electronic signature authorization available, signing documents online is both safe and straightforward. You also have the option for e-statements, which means you can keep track of your transactions without the clutter of paper statements.

Financial Strength

Growing Trust

With a total of 18,742 share accounts, we see a strong and growing member base that trusts us with their finances. Our capacity to lend is underpinned by net shares available for lending at zero dollars; this reflects prudent management of resources while still being able to meet your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ferguson is your trusted partner. Visit us at 1026 E Broad St Monticello MS 39654 or call 601-806-3328 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

We prioritize your savings. Members' funds are secured through $28,945,403 in share certificates and $8,798,830 in money market shares, offering stable and rewarding growth opportunities. Unlike traditional banks, we focus on benefiting our members first. With non-member deposits at just $2,852, our resources are directed towards creating better loan rates and exclusive perks for you.

Operational Efficiency

Our operational efficiency is reflected in our net income of -$522,014, which highlights areas where we can improve while still focusing on providing you with competitive products. We also take pride in having 49 full-time employees and 1 part-time employee, ensuring that our branches are always ready to assist you with a knowledgeable and committed team.

Reinvestment for Growth

Our total undivided earnings of $10,144,214 allow us to reinvest in innovative banking tools and stronger lending options to serve you better. With $15,668,687 in used auto loans and a total of $59,405,108 in loans and leases available for our members' needs, we support various financial goals across different sectors.

Solid Financial Health

With a net worth of $9,966,606, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.84% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $15,668,687 in used vehicle loans and $4,790,293 in new vehicle loans already helping members get on the road. We provide flexible terms and conditions tailored to your needs, making it easier than ever to drive home in your dream vehicle.

Business Loans

For business owners, our outstanding commercial loans totaling $4,115,321 provide the capital needed to grow and expand. Whether you're starting a new venture or need funds for expansion, our team is ready to assist you in finding the right solution. In addition to our wide array of loan products, we also provide refinancing options and eligibility checks to ensure you find what best suits your financial situation. Our 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 Ferguson can help you secure your future!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not have Junior Lien 1-4 Family Residential Properties loans available, we encourage you to check back for future offerings or explore other financing options with us.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $832,164 in loans helping members manage their finances effectively. This option is perfect for those looking to consolidate debt or make purchases without tying up savings.

Loan Aggregator

Ensuring Accurate Comparisons

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Key Benefits of Using LendMesh

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FERGUSON FEDERAL CREDIT UNION