Lake County Educational Madison OH Credit Union | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Lake County Educational, your trusted partner in financial well-being, located conveniently at 3100 Burns Rd, Madison, OH 44057. Since our establishment in 1995, we have proudly served our community with a commitment to providing exceptional financial services tailored to meet the unique needs of our 3,533 members. At Lake County Educational, we understand that every financial decision matters. That's why we offer a wide range of services including personal banking, auto loans, mortgages, and credit cards with rewards. Our total assets amount to an impressive $33,465,951, showcasing our stability and ability to support you in your financial journey. With total deposits reaching $1,006,398 and a net worth of $2,929,538, you can trust that your money is in safe hands. Our dedicated team of 11 employees, led by CEO Miranda McConoughey and Board President Mary Ann Bittner, is always ready to assist you with personalized service and expert advice. While members can visit us at our branch for all their banking needs during our operating hours on Wednesdays from 10:30 AM to 2 PM, we also encourage you to explore our website at lakecountyedufcu.org for additional resources and online services. Your financial future starts here! Whether you're looking for a loan or just want to learn more about managing your finances effectively, don't hesitate to give us a call at 440-428-2161. We're excited to help you achieve your financial goals!

Branch History & Mission

Lake County Educational Credit Union has a proud legacy that began in 1995 when it opened its doors at 3100 Burns Rd, Madison, OH 44057. Since then, we have grown to serve over 3,500 members with total assets of $33,465,951. Our journey reflects our commitment to providing accessible financial services tailored to the needs of our community. From our humble beginnings, Lake County Educational has evolved significantly. We started with a vision to empower our members through education and sound financial practices. Over the years, we have expanded our offerings to include personal banking services like checking and savings accounts, auto loans, mortgage financing, credit cards with rewards, and business banking solutions. Each service is designed with our members' best interests in mind. Our mission is simple yet impactful: to provide financial solutions that help our members achieve their goals while fostering a strong sense of community. We believe that by supporting each individual's financial journey, we contribute to the overall prosperity of Madison and the surrounding areas. While members can visit us at our branch location on Burns Rd, official correspondence should be sent to the same address as we do not have a separate mailing address. We are proud to maintain an open line of communication through our phone number at 440-428-2161. In today's digital world, we recognize the importance of convenience. That's why we offer online and mobile banking options that allow our members to manage their finances anytime and anywhere. Our commitment to accessibility extends beyond technology; we ensure compliance with ADA standards so that everyone can benefit from our services. At Lake County Educational Credit Union, community outreach is at the heart of what we do. We actively participate in local events and partner with educational institutions to promote financial literacy among students and families alike. These initiatives not only enhance financial knowledge but also strengthen bonds within our community. Join us on this journey! Experience the difference that comes from being part of a credit union dedicated to its members and community. Whether you're looking for a loan or simply want guidance on your financial future, Lake County Educational is here for you. Visit us or check out our website at lakecountyedufcu.org for more information about membership and services available!

Branch Location & Accessibility

Accessibility and Features

Our branch is designed with accessibility in mind, featuring ADA-compliant entrances and ramps to ensure everyone can visit us easily. Although we do not have an ATM or drive-thru service available, our team is dedicated to providing personal assistance during our operating hours. You can find us open every Wednesday from 10:30 AM to 2 PM. Feel free to call us at 440-428-2161 if you have any questions or need assistance outside of these hours.

Convenient Services

At Lake County Educational, we pride ourselves on offering a range of personal banking services tailored to meet your needs. From checking and savings accounts to auto loans, mortgages, and credit cards with rewards, we've got you covered. Our staff is ready to help you navigate your financial journey with ease. While members can visit us at our physical location on Burns Rd, please note that we do not have a separate mailing address for correspondence. We invite you to stop by the Madison High School Branch today! Our friendly team looks forward to welcoming you and helping you find the right financial solutions for your lifestyle.

Member Eligibility

At Lake County Educational, we believe that becoming a member is like joining a family that truly cares about your financial well-being. If you're looking to enjoy the benefits of our community-focused services, you'll be pleased to know that eligibility is quite straightforward. To join us, you simply need to be associated with the educational community in Lake County, whether through employment or as a family member of someone who is. This means teachers, staff, students, and their families are all welcome! For more detailed information about who can become a member, feel free to check out our eligibility criteria at this link. Once you see that you qualify, opening an account with us is a breeze. You can easily start the process online or reach out to us directly at 440-428-2161 if you have any questions. We're here to guide you every step of the way. Joining Lake County Educational not only provides access to a range of personal banking options but also connects you with a supportive network dedicated to helping you achieve your financial goals. We look forward to welcoming you into our community!

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 $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.

Merchant Services

In addition to loans, we offer comprehensive merchant services designed to simplify your payment processes. Imagine running your business smoothly while accepting various payment methods from credit cards to mobile payments without any hassle. Our services help streamline transactions so you can focus on what you do best: growing your business. Whether you're looking for funding or ways to enhance your customer experience, Lake County Educational has the tools you need. Reach out today at (440) 428-2161 to learn more about how we can assist your business!

Comprehensive List Of Services

Business Banking Services

For our business members, we provide essential services like merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our tailored solutions can help propel your business forward.

Convenient Access Anytime, Anywhere

With our online & mobile banking features, managing your finances is straightforward and convenient. You can utilize person-to-person payments or withdraw cash without needing an ATM nearby. While we currently don't have ATMs or drive-thru services available at this branch, our digital options ensure you're never far from accessing your funds. If you're interested in learning more about how Lake County Educational can assist you with any of these services or if you have questions about membership eligibility, feel free to give us a call at 440-428-2161 during our lobby hours on Wednesdays from 10:30 AM to 2 PM. We invite you to visit us today at 3100 Burns Rd in Madison your journey towards smarter banking starts here!

Financial Solutions for Everyone

In addition to personal loans and debt consolidation options that help ease financial burdens, we also offer credit cards with rewards. Picture earning points on everyday purchases that could lead to exciting rewards! We believe in making every transaction count towards something greater.

Home Ownership Support

If you're ready to settle down or refinance your current mortgage, our mortgage loans and refinancing services are tailored just for you. Owning a home is one of life's biggest milestones, and our team is here to guide you through the process with personalized advice and support.

Personal Banking Made Easy

Our personal banking services include checking and savings accounts designed to help you manage your money effectively. Imagine having an account that not only suits your spending habits but also helps you grow your savings effortlessly. With online and mobile banking, accessing your accounts has never been easier. You can check balances, transfer funds, and even pay bills from the comfort of your home or on the go.

Vehicle Financing

Are you thinking about purchasing a new car? Our auto loans and vehicle financing options make it simple for you to get behind the wheel of your dream vehicle. We understand that buying a car is a big decision, so we offer competitive rates and flexible terms to fit your budget. Whether it's a brand-new model or a reliable used car, we're here to assist you every step of the way.

Digital & Online Banking

Key Services

With just a few clicks at https://www.lakecountyedufcu.org/, you can take advantage of our user-friendly online banking platform. From checking your balance to transferring funds, everything is right at your fingertips. Need to send money to a friend? Our person-to-person transfer feature makes it simple and fast. For those who prefer mobile banking, our dedicated mobile application gives you the flexibility to bank wherever you are. You can make payments through our mobile payments feature, making shopping easier than ever. Plus, with electronic signature authorization, signing documents is quick and hassle-free.

Stay Organized

Keep track of your finances effortlessly with e-statements available at your convenience. No more paper clutter; everything you need is organized digitally. And in case you have questions or need assistance, our customer service team is just a phone call away at (440) 428-2161. We prioritize your security, ensuring that all transactions are protected. With features like strong encryption and secure access protocols, you can rest assured that your information is safe while using our online services. At Lake County Educational, we believe banking should be accessible and straightforward for everyone. Explore our digital and online banking options today and see how they can simplify your financial life!

Financial Strength

Growing Member Trust

Total Share Accounts stand at 6,400, showing a strong and growing member base that trusts us with their finances. This trust drives us to maintain transparency while focusing on your best interests. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lake County Educational is your trusted partner. Visit us at 3100 Burns Rd Madison Oh 44057 or call (440) 428-2161 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $2,199,121 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $415 in used auto loans and $19,120,036 in total loans and leases, we support members' financial goals across various sectors. Our $10,703 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 11 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $3,649,704 in share certificates and $3,532,739 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.

Strong Capital Foundation

With a net worth of $2,929,538, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 8.75% 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. We have provided over $5,725,495 in used vehicle loans and $3,214,879 in new vehicle loans already helping members get on the road. Whether you're purchasing a new vehicle or a reliable used one, our team will work with you to find the perfect loan solution that fits your budget.

Credit Lines

If you're looking for additional flexibility in your finances, consider our total credit lines available at $4,550,000. This option provides peace of mind knowing that funds are available whenever you need them.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $1,769,934, making buying or refinancing simple. We can guide you through the process and help you find a mortgage that aligns with your financial situation.

Refinancing Options

We also provide refinancing options across various loan products. If you're interested in reducing your monthly payments or consolidating debt into one manageable loan, reach out to us for more information on eligibility. For any questions or assistance regarding our loan offerings, feel free to call us at 440-428-2161 during our operating hours on Wednesdays from 10:30 AM to 2 PM. All performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. At Lake County Educational Credit Union, we are committed to serving our community with transparent and accessible financial solutions tailored just 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, with a total of $1,533,696 in loans helping members manage their finances effectively. With our credit cards, you can enjoy benefits while maintaining control over your spending.

Loan Aggregator

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Take Action Today

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