First Central Credit Union Waco TX | Affordable Auto Loans & Business Banking

Introduction

Welcome to First Central, your trusted financial partner located at 3100 Bellmead Dr, Waco, TX 76705. Since our establishment in 1937, we have been dedicated to providing our members with personalized banking solutions that empower their financial journeys. Our commitment to the community is reflected in our robust membership of over 19,800 individuals and a total asset base of $168,681,567. At First Central, we pride ourselves on fostering strong relationships with our members. Whether you're looking for auto loans, mortgages, or everyday banking services, we offer a wide range of options tailored to meet your needs. With a total loan portfolio of 9,081 loans and deposits reaching $12,723,279, you can trust that your finances are in good hands. Our leadership team, led by CEO JoBetsy Tyler and Board President Lori Alambar, is committed to maintaining transparency and integrity in every service we provide. We understand that each member's financial situation is unique, and we strive to create an environment where you feel valued and supported. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be sent to the same address: 3100 Bellmead Dr, Waco, TX 76705. For inquiries or assistance, feel free to reach out via phone at 254-776-9333. Join us today and experience the difference a community-focused credit union can make in your life! To learn more about our services or become a member, visit our website at First Central. Your journey towards financial well-being starts here!

Branch History & Mission

At First Central, our story began in 1937 when we opened our doors to serve the financial needs of our community in Waco, TX. Since then, we have grown into a trusted partner for over 19,800 members, providing them with essential banking services designed to support their financial journeys. Our branch, located at 3100 Bellmead Dr, Waco, TX 76705, has become a cornerstone of the local community, helping families and individuals achieve their dreams. From our humble beginnings, we have continually evolved to meet the changing needs of our members. With total assets now exceeding $168 million, we have expanded our services over the decades to include personal banking options like checking and savings accounts, auto loans, mortgage refinancing, and business banking solutions. We take pride in being more than just a financial institution; we are a vital part of the community fabric. Our mission at First Central is clear: we strive to provide exceptional financial services while fostering a strong sense of community support. We believe that everyone deserves access to quality financial resources and guidance. This commitment drives us to offer personalized service that meets each member's unique needs. Whether you're looking for a loan to buy a car or assistance with saving for your future, we're here to help every step of the way. In addition to our wide range of products and services, we understand the importance of technology in today's world. That's why we've embraced digital advancements such as online banking and mobile payments. Our members can manage their finances anytime and anywhere while enjoying secure access to their accounts. We're also proud to maintain ADA compliance so that all members can comfortably access our services. While members can visit us at 3100 Bellmead Dr for all their banking needs, official correspondence should be sent to the same address for convenience. We are open Monday through Friday from 7:30 AM to 6 PM, with ATM services available around the clock. Our drive-thru banking allows for quick transactions without leaving your vehicle. Community outreach is another pillar of our mission. We actively engage with local organizations and initiatives that align with our values and support those who need it most. By partnering with local charities and schools, we aim to uplift and empower our neighbors in meaningful ways. Join us at First Central Credit Union and experience the difference of being part of a member-focused institution committed not only to your financial success but also to building a brighter future for everyone in Waco. Visit us or contact us at 254-776-9333 today!

Branch Location & Accessibility

Welcome to the First Central branch, located at 3100 Bellmead Dr in beautiful Waco, Texas! Our branch is conveniently situated near local landmarks, making it easy for you to stop by and take care of your banking needs. Whether you're running errands or enjoying a day out, we're just a quick visit away. At First Central, we pride ourselves on making banking accessible for everyone. Our location features ADA-compliant access and ramps, ensuring that all members can easily visit us. Plus, ample parking is available right outside our doors, so you won't have to worry about finding a spot. We understand that life can be busy, which is why our drive-thru service is open Monday through Friday from 7:30 AM to 6 PM. This allows you to handle deposits and withdrawals without leaving your car. If you prefer coming inside, our lobby welcomes you during the same hours for personal service. In addition to basic banking services like checking and savings accounts, we offer auto loans, personal loans, credit cards with rewards, and business banking options. For your convenience, we also provide ATM services for quick cash withdrawals and balance checks. For any official correspondence or paperwork that needs mailing, please use our mailing address: 3100 Bellmead Dr, Waco, TX 76705. If you have questions or need assistance before visiting us in person, don't hesitate to give us a call at 254-776-9333. We look forward to serving you at First Central!

Member Eligibility

At First Central, we believe in creating a warm and welcoming community for our members. Joining us is simple and rewarding! If you live, work, worship, or attend school in Waco, Texas, you're likely eligible to become a member. We also extend membership to immediate family members of current members, making it even easier to bring your loved ones into our supportive fold. You can explore all the details about eligibility on our website at http://www.firstcentralcu.com/about-us/become-a-member.html. Becoming a member at First Central opens the door to a variety of financial services tailored just for you. Whether you're looking for checking and savings accounts, auto loans, or credit cards with rewards, we have something to meet your needs. Plus, our friendly staff is always here to help you navigate the account opening process seamlessly. For any questions or assistance, don't hesitate to reach out to us at (254) 776-9333. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Business Loans to Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Practical Merchant Services

Imagine being able to accept payments easily from your customers, regardless of where they are. Our merchant services allow businesses like yours to process transactions smoothly, ensuring you never miss a sale. From credit card processing to mobile payment solutions, we provide tools that fit your operations. Discover how First Central, located at 3100 Bellmead Dr Waco Tx 76705 in Waco, TX, can empower your business journey today! Call us at (254) 776-9333 or visit our website for more information.

Comprehensive List Of Services

Business Banking Services

For local businesses in Waco, First Central offers business banking solutions tailored to help you thrive. Our merchant services simplify payment processing so you can focus on what matters most: growing your business. Additionally, our business loans are designed with flexible terms that support your unique goals.

Credit Options That Fit Your Life

Managing debt can feel overwhelming, but with our personal loans and debt consolidation services, you have a partner in financial wellness. We aim to provide solutions that help you regain control over your finances. Plus, our credit cards with rewards mean you can earn benefits for everyday purchases making each transaction count toward something special.

Embracing Digital Banking

In today's fast-paced world, convenience is key. That's why we've integrated online and mobile banking into our offerings. You can manage your accounts anytime and anywhere whether it's checking balances, transferring funds, or paying bills right from your phone. Plus, our ATM services provide easy cash access whenever you need it.

Personal Banking Solutions

For those looking to manage their personal finances effectively, we offer checking and savings accounts designed for convenience and accessibility. Imagine having a secure place to store your money while earning interest. Whether you're saving for a vacation or simply want an easy way to handle your daily expenses, our accounts are here to help. When it comes to larger purchases like vehicles, our auto loans and vehicle financing options make it easier than ever to drive away in your dream car without breaking the bank. We understand that financing can be daunting; that's why we provide clear terms and competitive rates. If homeownership is on your mind, consider our mortgage loans and refinancing options. With personalized service, we guide you through the process so you can focus on turning your house into a home.

Personalized Service at Your Convenience

For those who prefer face-to-face interactions or need assistance with basic transactions like deposits and withdrawals, our drive-thru banking offers quick service without leaving your car. We also participate in shared branching transactions for members of partner credit unions ensuring you have access to cash no matter where you are. At First Central Credit Union in Waco, TX, we're dedicated to providing comprehensive financial services that cater to every aspect of your life. Whether you're starting out with personal banking or looking for business solutions, we're here to help guide you on your financial journey. Ready to experience the First Central difference? Contact us today at 254-776-9333 or visit us online at firstcentralcu.com to learn more about how we can assist you!

Digital & Online Banking

Key Features

Our online banking services come with a host of features to help you manage your money with ease. You can view your account balances, transfer funds, and pay bills all from the comfort of your home or on-the-go using our mobile application. Speaking of which, our mobile app is user-friendly and packed with tools that let you handle everyday transactions quickly. Need to send money to a friend? Our person-to-person transfer feature makes it simple! Just a few taps on your screen, and you're done. Plus, if you prefer handling documents digitally, we offer electronic signature authorization for certain transactions, so you won't have to worry about printing or mailing paperwork.

Security and Accessibility

We take your security seriously. Our online banking platform employs advanced encryption technology to keep your information safe. With 24/7 access to your accounts, you can check transactions or make payments whenever it suits you best. And if you're looking for quick statements, our e-statements are available at any time, reducing paper clutter while keeping you informed. With features like mobile payments and real-time notifications, managing your finances has never been easier or more secure. Whether you're at home or out and about, First Central puts the power of banking in your hands. So why wait? Dive into the world of convenient banking today with First Central! Visit us at https://www.firstcentralcu.com/ to get started!

Financial Strength

Committed to Growth

We have $24,835,421 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $2,318 in used auto loans and $91,218,334 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $21,743,971 in share certificates and $9,139,335 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $13,751,362, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to 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 56 full-time employees and 16 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Foundation

With a net worth of $26,118,117, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,548 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trustworthy Partner

Net Shares (Funds available for lending and investments): $599,928. Total Share Accounts: 38,700, showing a strong and growing 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, First Central is your trusted partner. Visit us at 3100 Bellmead Dr Waco Tx 76705 or call (254) 776-9333 to learn more about how we can help you achieve your financial goals.

Loan Offering

Additional Options

If you're considering refinancing options or want to learn about eligibility requirements for any of our products, feel free to reach out to us. We're committed to making the loan process transparent and straightforward. For further inquiries or assistance with applications, please contact us at (254) 776-9333 or visit us at 3100 Bellmead Dr Waco TX 76705. You can also explore our offerings online at First Central. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We look forward to helping you find the perfect loan solution tailored just for you!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $38,541,973 in used vehicle loans and $6,688,689 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, our team is here to assist you every step of the way.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple and accessible. We offer Junior Lien 1-4 Family Residential Property loans totaling $2,213,318, making it easier for you to step into your dream home without the stress often associated with securing a mortgage.

Unsecured Credit Card Loans

We also recognize that managing finances can sometimes require flexibility. That's why we offer unsecured credit card loans with a total of $2,681,768 available to help our members handle unexpected expenses or consolidate existing debt effectively. With easy-to-understand terms and competitive rates, our credit cards are tailored for your everyday needs.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring 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 adherence ensures that users receive fair and transparent offers without hidden fees or misleading information.

First Central