Lighthouse Credit Union Biddeford ME | Affordable Auto Loans & Personal Banking

Introduction

At Lighthouse, we believe in guiding our members toward financial success and stability. Located at 1 Pool St, Biddeford, ME 04005, our branch has been a trusted part of the community since 1936. With a robust membership base of 167,035 individuals, we are dedicated to providing personalized service and innovative financial solutions tailored to meet your needs. While you can visit us at our Biddeford location for all your banking needs, please note that official correspondence should be directed to 1 Pool St, Biddeford, ME 04005-1961. With total assets exceeding $1,944,457,800 and deposits amounting to $46,400,206, we are committed to ensuring the financial well-being of our members. Our diverse range of services includes personal banking options such as checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and much more. We also support local businesses through our business banking services. Under the leadership of CEO Christopher Parker and Board President Raymond Bald, our team of 400 employees works tirelessly to create a welcoming environment where every member feels valued. Our focus on community impact is evident through the various programs and initiatives we support. As a member-driven institution with a net worth of $204,069,985, we prioritize your interests above all else. Whether you're looking for assistance with loans or simply need guidance on managing your finances, we're here to help. We invite you to explore our website at Lighthouse Credit Union for more information about our services or call us at 800-418-1486 for personalized assistance. Let us illuminate your path to financial success!

Branch History & Mission

Lighthouse Credit Union has a rich history that spans back to its founding in 1936. Established with the goal of serving the financial needs of our community in Biddeford, Maine, we have grown alongside our members, becoming a trusted partner in their financial journeys. From humble beginnings, we have evolved into a thriving institution, currently boasting over 167,000 members and total assets exceeding $1.9 billion. Located at 1 Pool St, Biddeford, ME 04005, our branch is nestled in a vibrant area known for its welcoming atmosphere and community spirit. Our proximity to local landmarks makes us easily accessible to everyone. For official correspondence, please send mail to 1 Pool St, Biddeford, ME 04005-1961 if different from our physical address. At Lighthouse Credit Union, our mission is simple yet profound: to provide exceptional financial services while fostering a strong sense of community support. We strive to empower our members through personal banking solutions such as checking and savings accounts, auto loans, mortgage options, and more. Our commitment extends beyond traditional banking; we actively engage in community outreach initiatives that uplift and inspire those around us. We understand that the financial landscape is changing rapidly. That's why we've made significant investments in digital advancements to enhance your banking experience. Our offerings include online banking and mobile payments for your convenience. We also ensure that our facilities are ADA compliant so that everyone can access our services without barriers. With an experienced team dedicated to serving you better, we invite you to experience the benefits of membership at Lighthouse Credit Union. Whether you're looking for personalized banking options or seeking financial education resources, we are here for you every step of the way. Join us today and become part of a community-focused credit union that prioritizes your needs! For inquiries or further information about membership and services, feel free to call us at 800-418-1486. Together, let's light the path to your financial future!

Branch Location & Accessibility

Connect With Us

Whether you're stopping by for a quick transaction or looking to set up your financial future with us, we're here to help! Feel free to give us a call at 800-418-1486 if you have any questions or need assistance before your visit. We look forward to welcoming you to the Lighthouse branch soon!

Nearby Landmarks and Accessibility

Our branch is easy to find, situated near popular local spots like the picturesque Saco River and just a stone's throw from the bustling downtown area. You'll appreciate our ample parking space that ensures a hassle-free visit. Plus, we are committed to accessibility with features like ramps and ADA-compliant entrances, making it easy for everyone to access our services.

Operating Hours and Services

We understand that your time is valuable. That's why our doors are open Monday through Thursday from 9:00 AM to 4:30 PM, Friday from 9:00 AM to 5:00 PM, and Saturday mornings from 9:00 AM until noon. If you prefer banking on the go, take advantage of our drive-thru service which operates during extended hours. At Lighthouse, we offer a variety of services including checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. Our ATM is available for quick withdrawals and balance checks whenever you need it.

Member Eligibility

At Lighthouse, we believe in building a community where everyone feels welcomed and supported. Joining us as a member is easy! If you live, work, or attend school in the area, you're likely eligible to become part of our family. We also welcome those who have family members already with us. This means that no matter your background, you can enjoy the benefits of being part of our credit union, which include competitive rates on loans and savings, personalized service, and a range of financial products tailored just for you. To get started, simply visit us at our branch located at 1 Pool St Biddeford Me 04005 or give us a call at (800) 418-1486 for any questions you might have. For more details about eligibility requirements, check out our website at https://www.lighthousecu.org/become-a-member/. And when you're ready to open an account, the process is straightforward just head over to https://secure.lighthousecu.org/lighthousecuonline/sdk/autoenrollmente2e to begin your journey with us!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $124 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $61,976,708, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine being able to accept payments easily from your customers. Our merchant services make transactions smooth and efficient, allowing you to focus on what matters most growing your business. From credit card processing to online payment solutions, we provide tools that simplify everyday operations. Come visit us at 1 Pool St, Biddeford, ME 04005 or call us at 800-418-1486 to learn more about how our business banking services can work for you!

Comprehensive List Of Services

Business Banking Services

If you're a business owner, we've got you covered too! Our Business Banking solutions include Merchant Services & Business Loans, helping you run and grow your business smoothly.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why at Lighthouse, we provide robust Online & Mobile Banking features. You can access your accounts from anywhere, making it easy to check balances, transfer funds, or pay bills on-the-go. Plus, with our ATM services available for quick cash withdrawals and balance checks, managing your finances has never been easier.

Credit Cards and Rewards

We also understand that using credit wisely is important. That's why we offer Credit Cards with Rewards that allow you to earn points on your everyday purchases. This means every time you swipe, you're working towards rewards that can benefit you down the road.

Drive-Thru and In-Person Services

For those who prefer a personal touch or need assistance with transactions like deposits or withdrawals, our basic drive-thru banking service allows for quick and easy interactions without leaving your car. Our lobby hours are accommodating too open Monday through Thursday from 9:00 AM to 4:30 PM and Friday until 5:00 PM; we also welcome members on Saturday from 9:00 AM to 12:00 PM. At Lighthouse, we strive to meet all your banking needs while ensuring you feel valued as a member of our community. If you're ready to experience these services or have any questions, don't hesitate to reach out at 800-418-1486 or visit us online at Lighthouse. We look forward to serving you!

Personal Banking Solutions

Whether you're opening your first checking account or saving for a big purchase, our personal banking services are designed to make managing your money straightforward. With options like Checking & Savings Accounts, you can choose the right fit for your lifestyle. If you're considering a new vehicle, our Auto Loans & Vehicle Financing can help you get behind the wheel without breaking the bank. For those dreaming of homeownership or looking to refinance, our Mortgage Loans & Refinancing options provide flexible terms tailored to your needs. Additionally, if unexpected expenses arise, our Personal Loans & Debt Consolidation services offer a way to manage your finances effectively.

Digital & Online Banking

Always Accessible

Our commitment to accessibility means that our online banking services are available 24/7. Whether it's early morning or late at night, you can manage your account whenever it suits you best. While we currently do not offer electronic signature authorization, rest assured that our services are designed with ease-of-use in mind. At Lighthouse, we believe that banking should fit seamlessly into your life. With our digital solutions, you'll experience real-time account management that helps keep your financial goals within reach. Explore all these features today by visiting us at https://www.lighthousecu.org/ and see how we can enhance your banking experience!

Key Services Offered

With our online banking service available at https://www.lighthousecu.org/, you can easily check your account balances, transfer money, and pay bills all in one place. Enjoy peace of mind knowing that your information is protected with top-notch security features. Plus, if you prefer to manage your accounts through a mobile app, we have that too! Our mobile application is user-friendly and packed with features like mobile payments, making it simple for you to make purchases or send money to friends with just a few taps. If you're looking for efficient ways to handle transactions, our person-to-person transfer option allows you to send money directly to others without hassle. Need access to your statements? You'll love our e-statements feature, which lets you view and download your financial statements electronically no more waiting for paper copies in the mail!

Financial Strength

At Lighthouse, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength reflects our commitment to you, providing a solid foundation for your banking needs. With a net worth of $204,069,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,049 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $390,858,616 in share certificates and $222,829,937 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. With $180,816,878 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our robust lending capacity supports your financial goals across various sectors with $27,832 in used auto loans and $1,660,376,444 in total loans and leases. While our current net income is $0, this 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 387 full-time employees and 13 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our net shares available for lending and investments stand at $874,151, reinforcing our ability to support the community effectively. With a total of 284,033 share accounts, it's clear that many trust us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lighthouse is your trusted partner. Visit us at 1 Pool St Biddeford Me 04005 or call (800) 418-1486 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $479,122,884 in used vehicle loans and $145,482,967 in new vehicle loans already helping members get on the road. We provide flexible terms that make it easy to finance your next vehicle.

Business Financing

For business owners, our outstanding commercial loans totaling $61,976,708 provide the capital needed to grow and expand. We understand the challenges businesses face and are here to support you through financing solutions tailored to your needs. If you're interested in refinancing options or want to know about eligibility requirements for any of our loan products, feel free to contact us at (800) 418-1486. Our team is ready to assist you in finding the right financial solution for your needs. Visit us at our branch located at 1 Pool St Biddeford Me 04005, Biddeford, ME, or check out our website at Lighthouse for more information on how we can help you achieve your financial goals!

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $145,951,982, make buying or refinancing simple. We offer competitive rates and terms tailored to fit your situation.

Personal Financing Solutions

We also offer flexible terms on unsecured credit card loans, with a total of $55,977,341 in loans helping members manage their finances effectively. This product can be particularly useful for those looking to consolidate debt or cover unexpected expenses.

Loan Aggregator

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Ensuring Accurate Comparisons

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Lighthouse