Financial Resources Elizabeth NJ Credit Union | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Financial Resources, your trusted credit union in the heart of Elizabeth, NJ. Located at 1012 S Broad St, we have been proudly serving our community since 1950. With a strong commitment to our members, we've grown to support over 29,439 individuals and families, providing them with a wide range of financial services tailored to their needs. At Financial Resources, we understand that banking is not just about transactions; it's about building relationships. We are proud to manage total assets of $624,645,070 and offer competitive rates on various loan products, including auto loans and mortgages. Our total deposits stand at $23,163,374, demonstrating the trust our members place in us. Led by our dedicated CEO, Frank Almeida, and Board President Robert Graczyk, our team of 95 employees is here to ensure you receive personalized service every step of the way. Whether you're looking for checking accounts, savings options, or business loans, our knowledgeable staff is ready to help. While members can visit us at 1012 S Broad St, official correspondence should be sent to our mailing address at 10-12 S Broad St, Elizabeth, NJ 07202-3401. Feel free to reach out via phone at 908-212-1705 or explore our services online at myfinancialresources.org. Join us today and experience the difference that a member-focused credit union can make in your financial journey!

Branch History & Mission

A Bright Future Ahead

As we look ahead, our focus remains steadfast on enhancing member experiences through digital advancements and customer-centric initiatives. We offer features like online banking and mobile payments for your convenience. Moreover, with one ATM available at our branch location and a commitment to ADA compliance, we ensure that everyone can access our services comfortably. We invite you to be part of this journey with us. Join Financial Resources today and experience firsthand how we can help you achieve your financial goals while making a positive impact in the community. Your future starts here! For more information or assistance, feel free to contact us at 908-212-1705 or visit our website at myfinancialresources.org.

Our Commitment to You

At Financial Resources, we believe in fostering relationships built on trust and transparency. Our mission is to not only offer comprehensive financial solutions but also to actively engage with our community. We pride ourselves on being more than just a financial institution; we are your neighbors committed to your success. Whether you are looking for checking and savings accounts, auto loans, or even credit cards with rewards, our dedicated team is here to help you navigate your financial journey. While members can visit us at 1012 S Broad St, official correspondence should be sent to 10-12 S Broad St, Elizabeth, NJ 07202-3401. Our operating hours are convenient for you: Monday through Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 1:00 PM.

Our Journey

From humble beginnings, Financial Resources has evolved into a cornerstone of the Elizabeth community. Our mission is simple yet powerful: to provide accessible financial services while supporting local initiatives that uplift and empower residents. With each passing year, we have embraced innovation and technology to better serve our members' needs. Today, we offer a range of services from personal banking to business loans all designed with you in mind.

Branch Location & Accessibility

Connect With Us

For more information or if you have any questions, feel free to give us a call at 908-212-1705. We invite you to stop by Financial Resources in Elizabeth where exceptional service meets community spirit. We look forward to welcoming you!

Nearby Landmarks and Accessibility

Nestled in the vibrant heart of Union County, our branch is just a stone's throw away from local favorites like the Elizabeth Public Library and the bustling Broad Street. With ample parking available right outside, accessing our services is hassle-free. We ensure that everyone can visit us comfortably; our facilities are ADA compliant, featuring ramps and accessible entrances for those who need them.

Operating Hours and Services

We're here for you Monday through Friday from 9:00 AM to 5:00 PM and on Saturdays from 9:00 AM to 1:00 PM. Our friendly staff is ready to assist you during these hours with a range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and credit cards, we offer personalized solutions designed just for you. While we currently do not have a drive-thru service, we do provide ATM access for your convenience. If you need to send official correspondence, please note that while you can visit us at our branch location, any mail should be directed to our mailing address at 10-12 S Broad St, Elizabeth, NJ 07202-3401.

Member Eligibility

At Financial Resources, we believe in creating a welcoming community where everyone can thrive. Becoming a member is easy and open to anyone who lives, works, or worships in our area, or has a family member who's already part of our credit union. It's about more than just banking; it's about being part of something bigger. As a member, you'll enjoy personalized service, competitive rates on loans and savings accounts, and access to a range of financial products designed to meet your needs. To get started on your membership journey with us at Financial Resources, simply visit our location at 1012 S Broad St Elizabeth Nj 07202 or give us a call at (908) 212-1705. You can find all the details about eligibility on our website at https://myfinancialresources.org/home/about-us/membership/. When you're ready to open an account, check out our easy process outlined here: https://myfinancialresources.org/home/business/select-employer-group/. We're excited to welcome you into our financial family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $285 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 $101,347,116, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we provide essential merchant services that simplify payment processing for your business. Imagine being able to accept payments effortlessly, whether in-store or online. Our solutions ensure your customers enjoy a smooth checkout experience, allowing you to focus on what matters most growing your business. Located at 1012 S Broad St Elizabeth Nj 07202 in Elizabeth, NJ, our team is ready to partner with you on your journey. Contact us at (908) 212-1705 or visit our website for more information. Let's turn your business dreams into reality!

Comprehensive List Of Services

Business Banking Services

For local businesses in need of financial support, we provide a suite of business banking services, including merchant services that help streamline transactions and business loans designed to fuel your growth. We believe that supporting our community's businesses is essential for everyone's success.

Connect with Us

At Financial Resources, we strive to make banking easy and accessible for everyone in Elizabeth. If you're ready to take the next step in your financial journey or want to learn more about how we can assist you, please don't hesitate to reach out! You can visit us at 1012 S Broad St Elizabeth NJ 07202 or give us a call at 908-212-1705 during our operating hours: Monday - Friday from 9:00 AM - 5:00 PM and Saturday from 9:00 AM - 1:00 PM. Join us today and discover how we can help simplify your financial life!

Digital Banking at Your Fingertips

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking features. With our user-friendly platforms, you can manage your accounts anytime, anywhere whether it's checking balances, transferring funds, or making payments. Plus, our ATM services allow for easy cash withdrawals and balance checks without the hassle.

Managing Debt and Credit

We know that life can sometimes throw unexpected expenses your way. That's where our personal loans come in handy, allowing you to consolidate debt or cover unforeseen costs without stress. Additionally, our credit cards with rewards program gives you the chance to earn points on everyday purchases, turning spending into savings.

Personal Banking Solutions

Our personal banking services are tailored to help you achieve your financial goals. We offer checking and savings accounts that provide easy access to your funds while helping you save for the future. If you're considering purchasing a car, our auto loans and vehicle financing options make it simple to get behind the wheel with competitive rates and flexible terms. For those looking to buy a home or refinance their existing mortgage, our mortgage loans provide the support you need every step of the way.

Digital & Online Banking

Convenient Online Access

Our online banking service, accessible at https://myfinancialresources.org/, allows you to check your balance, pay bills, and transfer funds 24/7. Whether it's early morning or late at night, managing your money has never been easier. You can also set up e-statements for quick access to your account statements without the clutter of paper.

Mobile Application & Payments

For those who prefer banking from their smartphone, our mobile application is available for download, making transactions even more convenient. You can make mobile payments effortlessly, allowing you to pay friends or family with just a few taps no need for cash or checks. Plus, our person-to-person transfer feature means sending money is simple and instant.

Real-Time Management

With these digital tools, you can keep track of your finances in real-time. Whether you're checking transactions or monitoring spending habits, everything you need is just a click away. We believe that staying connected with your finances should be straightforward and accessible. Join us at Financial Resources and explore how our digital and online banking services can enhance your banking experience today!

Secure Transactions

Your security is our top priority. We utilize electronic signature authorization for document approvals, ensuring that your personal information remains safe while you enjoy all the conveniences of online banking. Our user-friendly interface makes it easy to navigate through various features without any hassle.

Financial Strength

Growing Member Base

We have a strong community presence with a total of 51,162 share accounts, showing a growing member base that trusts us with their finances. Our net shares stand at $0, allowing us flexibility in managing resources effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Financial Resources is your trusted partner. Visit us at 1012 S Broad St Elizabeth NJ 07202 or call 908-212-1705 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 92 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Improvement

With $55,070,784 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our capacity to support your financial goals is evident with $742 in used auto loans and a total of $475,481,537 in loans and leases available for various sectors.

Secure Savings Options

Members' savings are secured through $173,825,148 in share certificates and $136,155,614 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $55,168,999, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 883 showcases 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 $8,842,232 in used vehicle loans and $1,671,544 in new vehicle loans already helping members get on the road. We provide flexible terms that can fit any budget. Plus, if you're considering refinancing your current auto loan for better rates or lower monthly payments, we can help with that too.

Business Financing

For business owners, our outstanding commercial loans totaling $101,347,116 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance an existing one, our business financing options are designed to support your ambitions. At Financial Resources, we understand that every member's needs are unique. That's why we encourage you to explore our eligibility options for each loan type and see how we can best serve you. You can learn more about membership and eligibility here. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. For questions or assistance regarding our loan offerings, feel free to reach out at 908-212-1705 during our operating hours: Monday - Friday from 9:00 AM - 5:00 PM and Saturday from 9:00 AM - 1:00 PM. No matter what your financial goals may be, let Financial Resources be your partner in achieving them!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $53,402,346, making buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our team is here to assist you every step of the way.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $7,055,265 in loans helping members manage their finances effectively. These credit cards come with competitive interest rates and rewards programs that allow you to make the most out of your spending.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. You can be confident knowing that the rates you see are valid and up-to-date. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that truly reflect current market conditions. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, users can make informed decisions quickly and effectively. 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 testimonial highlights how LendMesh can lead to significant savings for borrowers looking for the best rates. 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.

How LendMesh Ensures Accurate 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), ensuring fair and transparent offers. This commitment to accuracy means users can trust that they are receiving reliable information when exploring their loan options.