Inova Michigan City IN Credit Union | Affordable Vehicle Loans & Business Banking

Introduction

At Inova, we believe in building a stronger community, one member at a time. Located at 1025 S Carroll Ave, Michigan City, IN 46360, our branch has been serving members since 1942, fostering financial growth and stability. With over 47,000 members and assets totaling $693,256,986, we are proud to be a trusted partner in your financial journey. Our dedicated team of 149 employees, led by CEO Dallas Bergl and Board President Charles Walker, is here to provide personalized service tailored to your unique needs. Whether you're looking for checking and savings accounts, auto loans, or business financing solutions, we have the tools to help you succeed. While you can visit us directly at our Michigan City branch for all your banking needs, official correspondence should be sent to the same address: 1025 S Carroll Ave, Michigan City, IN 46360. With total deposits of $19,648,856 and net worth standing at $54,869,037, our solid financial foundation allows us to offer competitive rates and products designed with your interests in mind. Join us today to experience the benefits of membership and take advantage of services like online banking and mobile payments. Contact us at 219-874-9493 or explore our website at Inova Federal Credit Union for more information. Your journey towards financial empowerment starts here!

Branch History & Mission

At Inova, our journey began in 1942, when we first opened our doors to the Michigan City community. Over the decades, we have grown from a small credit union into a trusted financial partner for over 47,000 members, all while staying true to our core mission: to provide exceptional financial services and unwavering support to our community. Located at 1025 S Carroll Ave in Michigan City, IN, our branch is easily accessible for all your banking needs. We pride ourselves on offering a welcoming environment where members can engage with knowledgeable staff who are dedicated to helping you achieve your financial goals. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we're here for you. Our drive-thru service and ATM availability make it convenient to access your funds anytime you need them. Since our inception, we have consistently focused on enhancing our services through innovation and community engagement. As part of Inova's growth, we've embraced digital advancements that allow you to manage your finances seamlessly online or via mobile apps. Today, members can enjoy features such as mobile payments and person-to-person transfers all designed to make banking easier and more efficient. Our mission extends beyond just providing financial products; we are committed to supporting the communities we serve. We take pride in engaging with local organizations and participating in outreach efforts that make a positive impact on the lives of those around us. From educational workshops to partnerships with local charities, Inova strives to be a pillar of support within Michigan City. While members can visit us at our branch location in Michigan City for day-to-day banking needs during our operating hours Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 12 PM official correspondence should be sent to the same address for consistency. With total assets nearing $693 million, Inova stands strong as a reliable choice for both individuals and businesses alike. As we look ahead, we remain focused on fostering relationships that empower our members financially while continuing to invest in the community. We invite you to join Inova today! Experience firsthand how we can help you achieve your financial dreams while being an active part of a caring community. For more information or to open an account, please visit our website at Inova Federal Credit Union or call us at 219-874-9493. Let's take this journey together!

Branch Location & Accessibility

Welcome to Inova, your friendly neighborhood credit union located at 1025 S Carroll Ave in Michigan City, Indiana. Our branch is conveniently situated near popular landmarks and local businesses, making it easy for you to stop by for all your banking needs. Whether you're heading home from a busy day or out for errands, we're right here to serve you! At Inova, we prioritize accessibility and convenience. Our branch offers ample parking spaces and is fully ADA compliant, ensuring that everyone can access our services with ease. If you prefer quick transactions, take advantage of our drive-thru banking service, where you can handle deposits and withdrawals without leaving your vehicle. Our operating hours are designed to fit your schedule. You can visit us Monday through Friday from 8 AM to 6 PM, and on Saturdays, our drive-thru is open from 9 AM until noon. If you have any questions or need assistance, don't hesitate to give us a call at 219-874-9493 our team is always ready to help! While members can visit us at our branch address, official correspondence should be sent to the same location: 1025 S Carroll Ave, Michigan City, IN 46360. In addition to personal banking services like checking and savings accounts, auto loans, mortgages, and credit cards with rewards, we also offer convenient online and mobile banking options. Plus, if you're a member of another participating credit union, you can take advantage of shared services right here at Inova. We invite you to come in and experience the welcoming atmosphere of Inova! Whether you want to open an account or simply chat about your financial goals, we're excited to meet you. Visit us soon!

Member Eligibility

At Inova, we believe that everyone deserves access to financial services that support their goals and dreams. Joining our community is easy! If you live, work, worship, or attend school in LaPorte County or certain surrounding areas, you're already eligible to become a member. We welcome individuals and families who want to experience the benefits of personalized banking, including lower fees and better interest rates on savings and loans. For detailed eligibility requirements, feel free to check out this helpful resource: Eligibility Details. Opening an account with us is a breeze! Simply visit our website at Account Opening or give us a call at (219) 874-9493. Our friendly team is ready to assist you every step of the way. Embrace the opportunity to be part of something special at Inova, located at 1025 S Carroll Ave Michigan City In 46360. We can't wait to welcome you into our family!

Business Banking & Commercial Services

Merchant Services Made Simple

In addition to our loan offerings, we provide essential merchant services that simplify payment processing for your business. Imagine being able to accept various payment methods effortlessly whether it's credit cards, mobile payments, or online transactions. This flexibility not only enhances customer satisfaction but also helps streamline your operations. Located conveniently at 1025 S Carroll Ave Michigan City In 46360, Michigan City, IN 46360, we're here to partner with you on your journey to success. Reach out at (219) 874-9493 to discover how our business banking services can empower your venture today!

Tailored Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $100 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $17 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $60,573,247, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

With an ATM available at our branch as well as partnerships for shared access across networks, getting cash when you need it is straightforward. Our ATM & Cash Withdrawal Services ensure you're never far from what you need.

Auto Loans & Vehicle Financing

If you're planning to buy a new car or refinance an existing loan, our Auto Loans & Vehicle Financing services make it simple and affordable. We provide competitive rates and flexible terms so you can drive away knowing you've made a smart financial choice.

Business Banking

For our business members, we provide comprehensive Business Banking solutions that include merchant services and business loans. We understand the unique challenges businesses face, and our team is ready to help streamline your financial operations so you can focus on what matters growing your business.

Credit Cards with Rewards

For those who like to earn while they spend, our Credit Cards with Rewards program offers great benefits for every dollar spent. Enjoy cashback on purchases or travel rewards that can help fund your next adventure it's all about getting more from your everyday spending.

Drive-Thru Banking

Need quick service? Our Basic Drive-Thru Banking allows you to handle deposits, withdrawals, and simple transactions without leaving your vehicle. It's all about making banking easier for you! At Inova, we're proud to be part of the Michigan City community and are here to support all of your financial needs. If you'd like more information about any of our services or want assistance in choosing the right option for you, please don't hesitate to reach out! Call us at (219) 874-9493 or visit us today; we're open Monday through Friday from 8 AM - 6 PM and Saturday from 9 AM - 12 PM. Your financial well-being is just a conversation away!

Mortgage Loans & Refinancing

Buying a home is one of the biggest decisions you'll ever make, and at Inova, we're committed to helping you through the process. Our Mortgage Loans & Refinancing services are designed to fit various budgets and circumstances, ensuring that you have the best options available when it comes time to finance your dream home.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From checking balances and transferring funds to paying bills on the go, accessing your finances has never been easier.

Personal Banking

We understand that managing your finances can sometimes be overwhelming. That's why we offer a variety of Personal Banking options, including checking and savings accounts designed to help you save for your future or manage daily expenses efficiently. Whether you're looking to open your first account or switch to something that better fits your lifestyle, our team is here to guide you every step of the way.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. Our Personal Loans & Debt Consolidation services give you access to funds when you need them most. Whether it's for medical bills, home repairs, or consolidating high-interest debt into one manageable payment, we've got your back.

Digital & Online Banking

Key Features for Your Convenience

Our online platform allows you to manage your accounts with ease. You can view your balance, transfer funds, and pay bills all from the comfort of your home or on the go. If you're always on your phone, our mobile application is a great way to stay connected with your finances. Plus, if you prefer keeping track of your statements electronically, we offer e-statements for quick and easy access. Security is a top priority for us. Our electronic signature authorization feature ensures that your transactions are secure and authenticated. You can have peace of mind knowing that your financial information is protected.

Manage Money Effortlessly

Need to send money to a friend? Our person-to-person transfer service makes it simple! Just a few taps on your phone and you can send cash without any hassle. And if you're looking to make purchases quickly, our mobile payments feature lets you pay directly from your account using just your smartphone. Whether you're at home or out and about, Inova has the tools you need for effective financial management right at your fingertips. Experience the ease of banking with us today!

Financial Strength

A Trusted Partner

Total Share Accounts stand at 79,615, showcasing a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) amount to $462,910, further enhancing our ability to support your financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Inova is your trusted partner. Visit us at 1025 S Carroll Ave Michigan City In 46360 or call (219) 874-9493 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.

Investment in Growth

With $50,489,307 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 with $11,968 in used auto loans and $633,225,804 in total loans and leases.

Member-Centric Savings

Members' savings are secured through $243,777,422 in share certificates and $63,985,651 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $16,616,496, 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 performance; our $0 shows that we are well-positioned to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 139 full-time employees and 10 part-time employees who are always ready to assist you with their knowledge and dedication.

Strong Financial Health

With a net worth of $54,869,037, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $791 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 $248,853,088 in used vehicle loans and $7,490,819 in new vehicle loans already helping members get on the road. Whether you're purchasing a new or used vehicle, our financing options can fit your budget and lifestyle.

Commercial Loans

If you're a business owner seeking growth opportunities, our outstanding commercial loans amounting to $60,573,247 can provide the capital necessary to expand your operations. We cater to both members and non-members with competitive terms that suit your business needs. At Inova, we're committed to making lending accessible and straightforward for everyone. If you're unsure about eligibility or want more information on our loan products or refinancing options, don't hesitate to contact us at (219) 874-9493. 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're here to support your financial journey every step of the way!

Credit Lines and Personal Loans

For those looking for flexibility in managing expenses, we provide credit lines totaling $215,000,000. This option gives you access to funds as needed without the hassle of applying for multiple loans. Additionally, we offer unsecured credit card loans with a total of $23,412,992, allowing members to manage their finances effectively while enjoying the benefits of rewards.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $42,115,215. If you're interested in refinancing your current mortgage, we can guide you through the process and help you find a plan that works for you.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed to help users navigate the complex world of loans with ease and clarity. LendMesh ensures accurate loan comparisons by sourcing data 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 commitment to transparency means that users receive fair and reliable loan offers tailored to their needs. One of the key benefits of using LendMesh is its focus on verified data. Loan offers come from legitimate financial institutions, ensuring that users have access to trustworthy options. Additionally, LendMesh features no sponsored listings; lenders are not prioritized based on paid promotions. This means that users can expect unbiased results that truly reflect the current market. The platform also provides real-time rate comparisons, allowing users to see up-to-date loan rates from multiple institutions. This feature empowers individuals to make informed decisions about their borrowing options, ultimately helping them secure better financial outcomes. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Testimonials like this highlight the effectiveness of LendMesh in delivering real value to its users. 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.*

INOVA FEDERAL CREDIT UNION