Lawrence Memorial Hospital Employee CT Credit Union | Affordable Auto Loans & Top Checking

Introduction

Welcome to Lawrence Memorial Hospital Employee, your trusted financial partner located at 365 Montauk Ave, New London, CT 06320. Since our establishment in 1959, we have been dedicated to serving our members with personalized banking solutions tailored to meet their unique needs. With a strong community focus, we proudly support over 2,954 members, helping them achieve their financial goals. At Lawrence Memorial Hospital Employee, we understand that every dollar counts. That's why we've grown our assets to an impressive $35,588,871 while maintaining a commitment to providing competitive rates on loans and deposits. Our total deposits currently stand at $2,217,928, demonstrating the trust our members place in us. We also offer a variety of loan options with a total of 1,263 loans and leases extended to our valued members. Under the leadership of our CEO, Svetlana Atamanuk, and Board President, Sara Gaenzle, we strive to create a welcoming environment where you feel valued and understood. Our team of 6 employees is always ready to assist you with services ranging from personal checking accounts to auto loans and credit cards with rewards. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 365 Montauk Ave, New London, CT 06320. For any inquiries or assistance, don't hesitate to reach out at 860-444-5104. Join us today by visiting our website at www.lmhospcu.com and experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

Welcome to the heart of community banking at Lawrence Memorial Hospital Employee in New London, CT. Since our doors opened in 1959, we have been dedicated to serving our members with care and commitment. Our journey began with a vision to support the financial needs of hospital employees and their families, and over the decades, we have grown into a trusted financial partner for nearly 2,954 members. Nestled at 365 Montauk Ave, our branch is conveniently located near local landmarks that make us a staple in the community. While you can visit us at this address for all your banking needs, please note that official correspondence should be sent to our mailing address: 365 Montauk Ave, New London, CT 06320. Our mission goes beyond just providing financial services. We strive to empower our members through personalized banking solutions that include checking and savings accounts, auto loans, personal loans, credit cards with rewards, and more. We believe in building strong relationships within our community, supporting local initiatives, and ensuring that every member feels valued and heard. Over the years, we've achieved significant milestones. Today, we proudly manage total assets amounting to $35,588,871. This financial strength allows us to offer competitive rates and better services to our members. With modern banking facilities and technology available such as online banking and mobile applications we ensure that managing your finances is convenient and accessible. At Lawrence Memorial Hospital Employee, we understand the importance of being there for our community. Our team is committed to fostering an inclusive environment where everyone can thrive financially. While we do not currently offer ATM or drive-thru services, our lobby hours are Monday through Friday from 9:00 AM to 4:30 PM, providing ample opportunity for you to meet with us directly. As we look toward the future, we remain devoted to enhancing our services while upholding our core values of integrity and respect. We invite anyone interested in joining our family or exploring what we offer to reach out or visit us. Experience firsthand how we can help you achieve your financial goals. Join us today at Lawrence Memorial Hospital Employee, where your dreams are nurtured through dedicated service and community support! For inquiries or assistance, feel free to call us at 860-444-5104 or visit our website.

Branch Location & Accessibility

Connect With Us

Have questions or need assistance? Don't hesitate to reach out! You can contact us at 860-444-5104. We look forward to welcoming you into our branch soon stop by and discover how we can help you achieve your financial goals!

Convenient Access and Features

At Lawrence Memorial Hospital Employee, we prioritize your convenience. Our branch is designed to be user-friendly, featuring ADA-compliant entrances and ramps to ensure everyone can access our services with ease. Parking is available nearby, making it simple for you to stop by. While members can visit us at 365 Montauk Ave, official correspondence should be sent to the same address as our mailing address remains unchanged.

Operating Hours and Services

We're here for you during the week! Our lobby hours are Monday through Friday from 9:00 AM to 4:30 PM, ensuring you have ample time to manage your banking tasks. While we currently do not offer ATM services or drive-thru banking, our friendly staff is always ready to assist you in person. At Lawrence Memorial Hospital Employee, we provide a range of services including personal banking options like checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and much more. We also offer online and mobile banking for added convenience.

Member Eligibility

Becoming a member of Lawrence Memorial Hospital Employee is like joining a family that genuinely cares about your financial well-being. Located at 365 Montauk Ave New London Ct 06320, we welcome anyone associated with Lawrence Memorial Hospital, including employees, volunteers, and their families. Our community is built on trust and support, which means you'll not only gain access to competitive rates and personal service but also the opportunity to be part of something bigger. To learn more about the specific eligibility criteria, feel free to check out our detailed information at http://www.lmhospcu.com/about-us-who-can-join. Opening an account with us is a breeze! We've made it simple and straightforward for you to get started. Whether you're looking for checking and savings accounts, auto loans, or other financial services, we're here to help. If you have any questions or need assistance, don't hesitate to reach out at (860) 444-5104. We're excited to welcome you into our community! For more details on how to open an account, visit us at http://www.lmhospcu.com/apply-for-a-loan.

Business Banking & Commercial Services

At Lawrence Memorial Hospital Employee, we understand that every business has unique needs and dreams. Whether you're just starting out or looking to expand, we're here to help you navigate your financial journey. Our commercial lending options are designed to fuel your growth and support your vision. Imagine opening a new location or investing in state-of-the-art equipment these goals can be achieved with the right financing. 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. In addition to loans, our merchant services simplify payment processing so you can focus on what matters running your business. From accepting credit cards to managing transactions seamlessly, we ensure you have the tools you need to thrive. Visit us at 365 Montauk Ave New London Ct 06320 in New London, CT, or call us at (860) 444-5104 to learn more about how our business banking services can make a difference for you!

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small business owners, we have a robust set of Business Banking services available. From Merchant Services that make accepting payments easy to tailored Business Loans that support your growth initiatives, we aim to empower local businesses in their financial journeys.

Digital Banking Convenience

In today's fast-paced world, convenience is key. Our members enjoy seamless access to their accounts through Online & Mobile Banking, enabling them to manage their finances anytime and anywhere. You can also take advantage of ATM & cash withdrawal services at various locations for added flexibility. At Lawrence Memorial Hospital Employee, we strive not just to meet but exceed your financial expectations. Our commitment is reflected in every service we offer from personal banking solutions that cater to individuals and families to comprehensive business services designed for local enterprises. Ready to experience these benefits yourself? Visit us today or contact us at (860) 444-5104 for more information! You can also explore our website at Lawrence Memorial Hospital Efcu for additional resources and updates on how we can support your financial goals.

Financial Flexibility

Life can be unpredictable, and sometimes unexpected expenses arise. That's where our Personal Loans & Debt Consolidation options come into play. We provide affordable solutions that can help you manage debt more effectively while keeping your budget intact. Plus, if you're looking for a way to earn rewards on everyday purchases, check out our Credit Cards with Rewards, which offer great benefits for your spending habits.

Personal Banking Solutions

We understand that managing your finances can be challenging. That's why we offer Personal Banking services, including checking and savings accounts, designed to help you keep track of your money effortlessly. Our accounts come with features that allow easy access and management through online and mobile banking, making it simple for you to check balances, transfer funds, or pay bills from anywhere. For those in need of a vehicle, our Auto Loans & Vehicle Financing options provide competitive rates and flexible terms. Whether you're buying a new car or refinancing an existing loan, our friendly staff is ready to guide you through the process. Additionally, if you're considering homeownership or want to refinance your current mortgage, explore our Mortgage Loans & Refinancing services tailored just for you.

Digital & Online Banking

Key Features

Our online banking service is available 24/7, allowing you to check your account balance, view transaction history, and transfer funds with just a few clicks. If you're on the go, our mobile application makes it even simpler to manage your accounts right from your smartphone. You can also enjoy secure person-to-person transfers, making it easy to send money to friends or family without the hassle of cash or checks. For those who prefer to stay organized digitally, we provide electronic statements, so you can access your financial records without the clutter of paper. Plus, with our electronic signature authorization, signing documents is quick and secure no need to print or fax anything!

Security and Ease of Use

Your safety is our top priority. Our digital banking features come with robust security measures to keep your information safe while providing a simple user experience. Whether you're logging in from home or checking balances while out shopping, you can feel confident knowing that your data is protected. At Lawrence Memorial Hospital Employee, we aim to simplify your banking experience so you can focus on what truly matters. Explore all these convenient services and more by visiting us online at https://www.lmhospcu.com/ today!

Financial Strength

Community Trust

Total Share Accounts stand at 6,813, showing a strong and growing member base that trusts us with their finances. This trust is crucial as we work together towards achieving your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lawrence Memorial Hospital Employee is your trusted partner. Visit us at 365 Montauk Ave New London Ct 06320 or call (860) 444-5104 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.*

Member-Centric Approach

Members' savings are secured through $3,943,726 in share certificates, 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 financial results speak volumes about our operational efficiency; our $0 reflects our ability to manage resources effectively while continuing to provide competitive loan rates and solid financial products for our members. We also take pride in having 6 full-time employees ready to serve you with knowledge and dedication.

Our Financial Health

With a net worth of $7,474,003, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,098 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Future Growth

With $7,431,016 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to growth is further reflected in our lending capacity. We have $294 in used auto loans and a total of $9,626,562 in loans and leases available to support your financial goals across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $4,255,253 in used vehicle loans and $1,069,004 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a pre-owned vehicle, we have flexible terms to fit your budget.

Credit Lines

If you need additional flexibility, our credit lines totaling $2,440,000 can be an excellent resource. They allow you to borrow as needed while only paying interest on what you use. This can be especially useful for unexpected expenses or planned projects. If you're considering refinancing any existing loans or exploring eligibility options, our team is ready to help you navigate those possibilities as well. We believe that transparency and understanding are key components of responsible borrowing. For more information about our loan offerings or to see how we can assist you further, please reach out at (860) 444-5104. Our branch is located at 365 Montauk Ave New London Ct 06320, New London, CT CT, where our dedicated staff is ready to support your financial journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,845,655, make buying or refinancing simple. We are here to guide you through the process, ensuring you understand your options and find the best solution for your needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $535,014 in loans helping members manage their finances effectively. These credit cards are designed to provide easy access to funds when you need them most without tying up collateral.

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 ensures that all offers presented are fair and transparent. Each lender's information is regularly updated, giving you access to the most current rates available in the market.