Introduction
Welcome to Glamorgan Employees Credit Union, your trusted financial partner located at 21St 7Th Street, Lynchburg, VA 24504. Since our establishment in 1969, we have been dedicated to serving our community and supporting our members with reliable financial services. With a current membership of 306 and total assets amounting to $1,965,072, we pride ourselves on being a member-focused institution that prioritizes your financial well-being. At Glamorgan Employees, we understand that every dollar matters. That's why we offer a range of loan options, totaling 211 loans and leases, designed to meet the unique needs of each member. Our commitment extends beyond just numbers; we aim to foster lasting relationships within the community by providing personalized support and guidance. Under the leadership of CEO Alfreda Cundiff and Board President Sylvester Brown, our dedicated team of two employees is here to assist you every step of the way. We believe in transparency and integrity, as reflected in our net worth of $585,194 and total deposits reaching $570,951. While you can visit us for all your banking needs at our branch address, please direct any official correspondence to our mailing address at PO Box 1392, Lynchburg, VA 24505. Whether you're looking for a place to save or seeking assistance with loans, we invite you to experience the difference at Glamorgan Employees Credit Union. Feel free to reach out by calling us at 434-845-3801 during our operating hours from 10 AM to 4 PM, Monday through Friday (closed on Wednesdays). Join us today as we work together towards your financial goals!
Branch History & Mission
Welcome to the heart of our community, where Glamorgan Employees has proudly served the residents of Lynchburg, VA since 1969. Located at 21St 7Th Street, our branch has been a cornerstone for financial growth and support, evolving alongside the needs of our members and the broader community. Over the years, we have grown from a small credit union to a robust institution with a membership base of 306. Our total assets now stand at an impressive $1,965,072, reflecting our commitment to providing valuable services while fostering financial stability for our members. We understand that each member's journey is unique, and we strive to tailor our offerings to meet diverse financial needs. At Glamorgan Employees, our mission goes beyond just banking; it is about building strong relationships and supporting the community. We believe in empowering our members through accessible financial services while also engaging in outreach efforts that uplift those around us. Whether it's through educational workshops or community events, we aim to make a positive impact in Lynchburg. While you can visit us at 21St 7Th Street, official correspondence should be directed to our mailing address: PO Box 1392, Lynchburg, VA 24505. Our operating hours are from 10 AM to 4 PM Monday through Friday, with Wednesdays closed for your convenience. Though we currently do not offer ATM or drive-thru services, we are dedicated to ensuring that every visit is focused on your needs. As part of our commitment to accessibility, we continue to explore digital advancements that will enhance your experience with us. We invite you to join our vibrant community at Glamorgan Employees. Experience firsthand how we can help you achieve your financial goals while contributing to the well-being of Lynchburg. Together, let's build a brighter future! For inquiries or assistance, feel free to reach us at 434-845-3801.
Branch Location & Accessibility
Accessibility Features
Accessibility is a top priority for us. Our branch complies with ADA standards, featuring ramps and other accommodations to ensure that everyone can easily visit us. We also provide ample parking nearby so that you can park with ease before heading inside.
Convenient Location and Nearby Landmarks
Our branch is ideally situated near local landmarks that make it easy to find us. Just a short drive from the bustling downtown area, we're close to popular spots like the historic Academy of Music Theatre. This makes stopping by our credit union a breeze when you're out enjoying everything Lynchburg has to offer.
Operating Hours and Services
Glamorgan Employees operates Monday through Friday from 10 AM to 4 PM, though we are closed on Wednesdays. We invite you to come in during these hours for all your banking needs! While we currently do not offer ATM services or drive-thru banking, our friendly staff is always ready to assist you with any transactions or inquiries. As a member of Glamorgan Employees, you'll enjoy personalized service tailored to meet your financial needs. With just a phone call at 434-845-3801, you can get answers to your questions or schedule a visit. We look forward to welcoming you at Glamorgan Employees Credit Union! Feel free to drop by or give us a call today your financial journey starts here!
Member Eligibility
At Glamorgan Employees, we believe that becoming a member is like joining a warm and welcoming family where everyone supports each other. If you're interested in becoming a part of our community, eligibility is open to individuals who are associated with the Glamorgan area and its employees. This means that if you work for or are retired from certain companies, or if you live in the community, you may qualify! Joining us not only gives you access to a range of financial products tailored to your needs but also connects you with a team dedicated to helping you thrive. Opening an account is straightforward and friendly just give us a call at (434) 845-3801 for guidance on the next steps. You can also check out more detailed eligibility informati to ensure you meet the criteria. We're here to make your transition into membership as smooth as possible, so don't hesitate to reach out!
Business Banking & Commercial Services
Merchant Services That Matter
Imagine having a reliable partner that simplifies payment processing while you focus on serving your customers. Our merchant services do just that, providing tools that help you manage transactions smoothly. Whether you're processing payments in-store or online, we have options that keep your cash flow steady and your operations efficient. Located at 21St 7Th Street Lynchburg Va 24504 in Lynchburg, VA, we're here to empower local businesses like yours. Connect with us today at (434) 845-3801 to learn how we can support your financial journey!
Supporting Your 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.
Comprehensive List Of Services
Banking Services Tailored for You
In today's fast-paced world, having access to reliable banking services is essential. That's why Glamorgan Employees offers ATM Services Only to ensure that you can manage your finances with ease. Whether you're withdrawing cash for everyday purchases or checking your balance, our ATMs are designed for your convenience. You can count on us for quick access when you need it most.
Community Connection
At Glamorgan Employees, it's not just about transactions; it's about building relationships within our community. We want every member to feel valued and supported. Our team is here to help answer questions and guide you through any financial decisions, big or small. Whether you're new to banking or a seasoned pro, we strive to make your experience personal and engaging.
Emphasis on Digital Convenience
While we focus on ATM services, we understand that many members prefer digital solutions. Although we currently do not offer online banking or mobile payments, we encourage our members to stay updated as we expand our digital features in the future. We believe that accessibility is key, and we're committed to making your banking experience smoother and more straightforward.
Get In Touch
Ready to learn more about how Glamorgan Employees can assist you? Don't hesitate to reach out! Call us at (434) 845-3801 during our operating hours from 10 AM to 4 PM, Monday through Friday (closed on Wednesdays). We look forward to serving you and helping you achieve your financial goals. With all these services and a friendly approach, Glamorgan Employees is here for you every step of the way!
Digital & Online Banking
Accessibility and Security
While we're working on enhancing our digital offerings, we encourage you to reach out via phone at (434) 845-3801 for any questions or assistance regarding your account. Your security is important to us, and we aim to provide a safe environment for all transactions. Although we're not fully equipped with online banking or mobile applications just yet, our goal is always to make banking easier for you in the future. Stay tuned for updates as we strive to improve your banking experience at Glamorgan Employees!
Key Features
One of the great things about banking with us is that you can expect reliable support, even if we don't have all the latest apps and services. You can still manage your accounts efficiently during our operating hours from 10 AM to 4 PM, Monday through Friday (closed on Wednesdays). Currently, features like mobile payments and person-to-person transfers aren't offered at this branch. However, rest assured that our team is here to help you with any inquiries or transactions you may need during business hours.
Financial Strength
Conclusion
Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Glamorgan Employees is your trusted partner. Visit us at 21St 7Th Street Lynchburg Va 24504 or call (434) 845-3801 to learn more about how we can help you achieve your financial goals.
Member Savings and Investments
Members' savings are secured through $0 in share certificates and $0 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.
Operational Efficiency
Our $-$110,023 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 0 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share and Deposit Accounts stand at 397, showing a strong and growing member base that trusts us with their finances.
Reinvestment in Member Services
With $545,938 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to our community is reflected in our ability to provide $42 in used auto loans and $1,033,198 in total loans and leases, supporting members' financial goals across various sectors.
Strong Financial Health
With a net worth of $585,194, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 29.78% 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 $565,647 in used vehicle loans and $46,545 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates to make car ownership accessible for everyone.
Credit Lines and Unsecured Loans
For those needing additional funds for unexpected expenses or projects, we offer flexible terms on unsecured credit card loans. Currently, our total amount in unsecured credit card loans is $0; however, this reflects our commitment to providing tailored solutions as per our members' needs. In addition to these products, we also provide credit lines totaling $75,000, offering a safety net for emergencies or planned purchases. We are dedicated to helping our members navigate their financial journeys. If you're interested in refinancing options or checking your eligibility for any of our loan products, please don't hesitate to reach out. For more information on how our loan offerings can meet your needs, visit us at 21St 7Th Street Lynchburg Va 24504 or call us at 434-845-3801 during our operating hours from 10 AM to 4 PM Monday through Friday (closed on Wednesdays). Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Take the first step towards achieving your financial goals with Glamorgan Employees today!
Mortgage Options
Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not have any Junior Lien 1-4 Family Residential Properties loans available, we encourage you to explore other financing opportunities with us.
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 ensures that users receive fair and transparent offers tailored to their needs. Each lender's information is verified, meaning you can trust that you're seeing accurate loan options.
Benefits of Using LendMesh
- Verified Data: Loan offers come from legitimate financial institutions, ensuring transparency in every comparison. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results, allowing you to compare options fairly. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates across multiple institutions, making it easier to find the best deal. 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!" This testimony highlights how LendMesh can truly make a difference in your loan search. 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.*
