Greater Alliance Credit Union Paterson NJ | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Greater Alliance, your trusted financial partner located at 66 Hamilton St, Paterson, NJ 07505. Since our establishment in 1937, we've been dedicated to serving our community with personalized banking solutions tailored to meet your needs. With a strong commitment to our members, we proudly support over 22,796 individuals and families, providing them with access to a wide range of financial services. At Greater Alliance, we understand that every member's journey is unique. That's why we offer an impressive total of $247,021,220 in assets and maintain a robust net worth of $20,914,049. Whether you're looking for auto loans, personal banking options, or business financing solutions, our experienced team is here to guide you every step of the way. Our CEO, Glenn Guinto, along with Board President Richard Vega, leads a dedicated staff of 57 employees, all committed to ensuring that your experience with us is nothing short of exceptional. With a total loan portfolio reaching 8,021, we work diligently to help you achieve your financial goals while ensuring your hard-earned money is well protected. While you can visit us at our branch for all your banking needs, if you need to send any official correspondence, please use our mailing address: 66 Hamilton Street, Paterson, NJ 7505. We're here for you Monday through Friday with convenient hours designed to fit your busy schedule. Join us today and discover how Greater Alliance can empower your financial future! For more information or assistance, feel free to call us at 201-599-5500 or explore our website at greateralliance.org. Your community bank awaits!

Branch History & Mission

Join Us!

As we continue on this journey together, we invite you to experience the benefits of being part of Greater Alliance. Whether you're looking for reliable banking solutions or want to connect with a supportive community network, you belong here. Visit us during our operating hours Monday through Wednesday and Friday from 7:30 a.m. to 3:30 p.m., and Thursday from 7:30 a.m. to 5:30 p.m. or give us a call at 201-599-5500. Join Greater Alliance today and be part of a credit union that truly cares about its members! Explore more about what we offer by visiting our website.

Our Journey

Located at 66 Hamilton St, Paterson, NJ 07505, our branch has evolved with the needs of our members. From humble beginnings to becoming a vital financial institution, we have always prioritized community engagement and member satisfaction. While you can visit us at our branch for all your banking needs, official correspondence should be directed to our mailing address at 66 Hamilton Street, Paterson, NJ 7505. Throughout our history, we have embraced advancements in technology to better serve our members. Our digital offerings include online banking and mobile payments that simplify financial management for everyone. Additionally, we ensure accessibility with ADA compliance measures in place.

Our Mission

At the heart of Greater Alliance is our mission: to provide exceptional financial services while uplifting the community we serve. We believe in empowering individuals through personal banking options such as checking and savings accounts, auto loans, mortgage refinancing, and more. Our commitment extends beyond just banking; we actively engage in community outreach initiatives and partnerships that foster growth and development within Paterson. We are dedicated to creating lasting relationships built on trust and support. Our team is here to assist with not only your banking needs but also to offer guidance tailored to your financial goals.

Branch Location & Accessibility

Convenient Access and Services

At Greater Alliance, we prioritize your convenience. Our branch features ample parking and is designed with accessibility in mind, ensuring that everyone can visit us comfortably. If you need assistance or have questions about our services, don't hesitate to give us a call at 201-599-5500. While our branch address is the go-to for all your in-person visits, please note that official correspondence should be directed to our mailing address at 66 Hamilton Street, Paterson, NJ 07505 if different from where you visit.

Member-Friendly Features

Our branch proudly offers ATM availability for quick cash withdrawals and balance checks. Although we don't have drive-thru banking, our friendly staff is always ready to assist you inside the branch with any of our personal banking services ranging from checking and savings accounts to auto loans and business banking solutions. Plus, as part of a shared service center network, members can enjoy basic transactions even if they belong to partner credit unions. We look forward to welcoming you soon! Stop by or call us at 201-599-5500 for any inquiries or assistance. Your financial journey begins here at Greater Alliance!

Operating Hours

We know your time is valuable! That's why we offer flexible operating hours. You can visit us Monday through Wednesday and Friday from 7:30 a.m. to 3:30 p.m., and on Thursdays until 5:30 p.m. This way, you can easily find a time that fits into your busy schedule.

Member Eligibility

Becoming a member of Greater Alliance is like joining a family that genuinely cares about your financial well-being. If you live, work, worship, or attend school in the area, you're likely eligible to join us! We welcome individuals from diverse backgrounds, making it easy for anyone to experience the benefits of our community-focused services. At Greater Alliance, we offer a range of financial products designed to help you thrive, whether it's personal loans, checking accounts, or vehicle financing. For detailed eligibility criteria, feel free to check out our resource at https://membership.greateralliancefcu.org/?selected=1,22 . Opening an account with us is a breeze! Simply visit our website at https://online.greateralliancefcu.org/enroll/ or give us a call at (201) 599-5500 for assistance. Our friendly team is here to guide you through every step of the process so that you can enjoy all the advantages that come with being part of Greater Alliance. Your journey to better banking starts right here at 66 Hamilton St, Paterson, NJ 07505!

Business Banking & Commercial Services

Merchant Services That Make Sense

In today's fast-paced market, efficient payment solutions are vital. Our merchant services help streamline transactions so you can focus on what matters most growing your business. Imagine easily accepting payments from customers while providing them with a smooth checkout experience. This not only enhances customer satisfaction but also boosts your bottom line. Located at 66 Hamilton St, Paterson, NJ 07505, we invite local businesses to explore how our services can elevate their operations. For more information, call us at 201-599-5500 or visit our website at Greater Alliance.

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $18 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $9,857,128, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM Access & Shared Branching

Need cash on-the-go? With our extensive ATM services, accessing your funds is quick and easy. Plus, as part of a shared branch network, members can perform basic transactions like deposits and withdrawals at partner credit unions nationwide. At Greater Alliance in Paterson, NJ, we're committed to making banking accessible for everyone. If you're ready to explore how we can support your financial journey or if you have questions about any of our services mentioned above don't hesitate to reach out! Call us at 201-599-5500 or visit us online at greateralliance.org. Join us today and take the first step towards financial empowerment!

Business Banking Services

For those venturing into entrepreneurship, we provide comprehensive business banking solutions, including merchant services and business loans. We know that running a business comes with its own set of challenges, and we are here to help simplify your banking experience.

Credit Card Benefits

Looking for rewards while you spend? Our credit cards with rewards allow you to earn points on everyday purchases that can be redeemed for exciting rewards, making every dollar count.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why at Greater Alliance, we offer robust online and mobile banking platforms that let you manage your finances anytime, anywhere. You can check balances, transfer funds, pay bills, and even send money through our person-to-person payment service without stepping foot in the branch.

Home Financing Options

Buying a home is one of the biggest decisions you'll ever make. Our mortgage loans and refinancing options are here to support you every step of the way. We offer competitive rates and personalized service to ensure you find the right mortgage that fits your lifestyle.

Personal Banking Solutions

We understand that managing finances can be overwhelming. That's why our personal banking services are designed with you in mind. Our checking and savings accounts offer flexibility and convenience, ensuring you can access your funds when you need them. If you're considering purchasing a new car or refinancing an existing loan, our auto loans and vehicle financing options make it easy to drive away in the vehicle of your dreams. Plus, if you're looking to consolidate debt or need some extra cash for unexpected expenses, our personal loans can help ease that burden.

Digital & Online Banking

At Greater Alliance, we understand that managing your finances should be easy and secure. That's why we offer a range of digital and online banking services designed to give you control over your accounts anytime, anywhere. With our 24/7 online banking services, you can access your accounts whenever it suits you, making it simple to check balances, transfer funds, and pay bills without stepping foot in a branch. Our online platform is not just user-friendly; it's packed with features that make banking more convenient. For those who prefer going paperless, we provide e-statements to help you stay organized while also being environmentally conscious. You can view and manage your e-statements directly through our website at Greater Alliance. Want to send money to friends or family quickly? Our person-to-person transfer feature allows you to do just that with ease. Plus, if you're on the go, you'll appreciate our mobile payments option that lets you make purchases right from your phone no cash or cards needed! While we currently don't offer a dedicated mobile application, our website is optimized for mobile devices so you can manage your finances from the palm of your hand. We prioritize security too; though electronic signature authorization is not available at this time, rest assured that all transactions are protected. With Greater Alliance's digital banking services, you're not just keeping up with your finances; you're staying ahead of them. Enjoy real-time account management and the peace of mind that comes with knowing your money is safe and accessible whenever you need it!

Financial Strength

Commitment to Growth

With $20,397,310 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $7,759 in used auto loans and $176,052,084 in total loans and leases.

Growing Member Base

Total Share Accounts: 36,690, showing a strong and growing member base that trusts us with their finances. This growth is indicative of the community's faith in Greater Alliance as a reliable financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Greater Alliance is your trusted partner. Visit us at 66 Hamilton St Paterson NJ 07505 or call 201-599-5500 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.

Operational Efficiency

Our operations reflect efficiency with a reported 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 52 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Secure Savings Options

Members' savings are secured through $62,853,801 in share certificates and $2,342,411 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $221,315, 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 $20,914,049, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 847% 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 $10,057,312 in used vehicle loans and $2,070,170 in new vehicle loans already helping members get on the road. We also provide refinancing options for existing auto loans, ensuring you can take advantage of better rates as they become available.

Business Loans

For business owners, our outstanding commercial loans totaling $9,857,128 provide the capital needed to grow and expand. These loans can support everything from purchasing new equipment to covering operational costs. Our team is here to help you navigate through eligibility options and ensure you find the right product that suits your needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Feel free to reach out if you have any questions or would like to discuss how our loan offerings can help you achieve your financial objectives. You can contact us at 201-599-5500 or visit us at 66 Hamilton St Paterson NJ 07505. Together, let's turn your financial dreams into reality!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $48,423,915, make buying or refinancing simple. We offer various mortgage products tailored to fit different lifestyles and budgets. If you're considering refinancing your current mortgage for a lower rate or better terms, we have solutions ready for you.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans. Although we currently have no outstanding unsecured credit card loans at this time, our offerings are designed to help members manage their finances effectively when they are available.

Loan Aggregator

Ensuring Accurate Comparisons

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GREATER ALLIANCE FEDERAL CREDIT UNION - Paterson, NJ