Local 20 IBEW Credit Union Grand Prairie TX | Best Auto Loans & Business Banking

Introduction

Welcome to Local 20 Ibew, your trusted financial partner nestled in the heart of Grand Prairie, Texas. Established in 1964, we have proudly served our community for nearly six decades, helping over 3,262 members achieve their financial dreams. Our branch is conveniently located at 688 W Tarrant Rd, Grand Prairie, TX 75050, where our dedicated team is ready to assist you with all your banking needs. At Local 20 Ibew, we understand that every member's journey is unique. That's why we offer a variety of services designed to meet your individual needs from personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing. With total assets exceeding $7,397,460 and total deposits of $225,172, we are committed to providing a stable foundation for your financial future. Led by our experienced CEO, Kenneth Everitt, and Board President Patrick Jolly, our team is devoted to fostering a welcoming environment where you feel valued and understood. We pride ourselves on being more than just a credit union; we are part of the community, dedicated to making a positive impact in the lives of our members. Whether you're looking for competitive loan rates or seeking expert advice on managing your finances, we're here for you. While members can visit us at our branch address for in-person assistance, any official correspondence should be directed to the same address: 688 W Tarrant Rd, Grand Prairie, TX 75050. If you're ready to take the next step toward financial wellness or simply have questions about our services, don't hesitate to reach out! Call us at 214-363-9223 or explore more about what we offer on our website at local20ibewfcu.com. Your journey begins here!

Branch History & Mission

Our Mission

At Local 20 Ibew, our mission is clear: we aim to provide exceptional financial services while enriching the lives of those in our community. We are committed to fostering an inclusive environment where every member feels valued and supported. Our focus on education and outreach ensures that we are not just a financial institution but a trusted partner in your financial journey. While members can visit us at 688 W Tarrant Rd, official correspondence should be sent to 688 W Tarrant Rd, Grand Prairie, TX 75050 if needed. Although we currently do not offer ATM or drive-thru services, we provide convenient online banking options that allow members to manage their accounts with ease from anywhere. We also prioritize community engagement by partnering with local organizations and participating in outreach programs that uplift those around us. Our commitment goes beyond banking; we're here to make a difference. As we look toward the future, we invite you to join us at Local 20 Ibew. Experience personalized service tailored just for you and discover how we can support your financial ambitions. Together, let's build a brighter future! For more information or to become a member today, visit our website or call us at 214-363-9223.

Our Story

Founded as a resource for electrical workers and their families, Local 20 Ibew quickly became more than just a credit union; it evolved into a pillar of support for countless individuals. Located at 688 W Tarrant Rd, our branch is easily accessible and serves as a hub for personal banking needs. With operating hours from Monday to Friday, 8:30 AM to 5:00 PM, we strive to be there when our members need us most. Throughout the years, we have adapted to meet the changing needs of our community. From offering auto loans and mortgages to providing personal loans and business banking solutions, our mission has always been centered around empowering our members financially. We believe in creating opportunities that help individuals achieve their goals, whether it's buying a new car or starting a business.

Branch Location & Accessibility

Welcome to the Local 20 Ibew branch, your friendly neighborhood credit union located at 688 W Tarrant Rd in Grand Prairie, Texas! We're proud to serve our community with convenient access to a variety of banking services right here in Dallas County. Whether you're stopping by for personal banking or exploring options for auto loans, our team is ready to help you achieve your financial goals. While our branch address is 688 W Tarrant Rd, please note that all official correspondence should be sent to the same mailing address. This makes it easy for you to remember where to reach us! Our branch is situated near several local landmarks, making it easy to find. We're just a short drive from major thoroughfares, which means quick access for members on the go. Plus, we offer accessible features like ramps and designated parking to ensure everyone can visit us comfortably. At Local 20 Ibew, we understand that your time is valuable. That's why our doors are open Monday through Friday from 8:30 AM to 5:00 PM, allowing you ample opportunity to drop in when it's convenient for you. Although we currently do not have ATM services or drive-thru banking available, our dedicated staff is here to provide personalized assistance during lobby hours. We invite you to explore our range of services, including checking and savings accounts, auto loans, and credit cards with rewards. Our goal is to make your banking experience as smooth as possible. Feel free to give us a call at 214-363-9223 if you have any questions or need assistance. We look forward to welcoming you at the Local 20 Ibew branch soon!

Member Eligibility

At Local 20 Ibew, we believe that joining our community is about more than just banking; it's about becoming part of a family that supports you every step of the way. To become a member, you'll need to meet a few friendly eligibility criteria that primarily focus on your connection to our local community. Whether you're an employee or a member of the Local 20 IBEW, or if you have family ties to our members, we welcome you with open arms. For the latest details on who can join us, feel free to check out our eligibility page at http://www.local20ibewfcu.com/membership. Opening an account with us is as easy as pie! You can visit our website and find all the information you need about starting your membership journey at http://www.local20ibewfcu.com/apply-for-a-loan. If you have any questions or would like to chat directly with us, don't hesitate to call us at (214) 363-9223. We're here to help and look forward to welcoming you to Local 20 Ibew, located at 688 W Tarrant Rd Grand Prairie Tx 75050!

Business Banking & Commercial Services

Merchant Services that Make a Difference

Imagine running your daily operations without hassle our merchant services can help. Picture a busy café where customers can pay quickly and easily, enhancing their experience and encouraging repeat visits. Our solutions streamline transactions, allowing you to focus on what you do best: serving your customers. Located at 688 W Tarrant Rd Grand Prairie Tx 75050 in Grand Prairie, TX, our dedicated team is here to assist you with all your business banking needs. Reach out to us at (214) 363-9223 or visit our website at Local 20 Ibew Fcu to learn more about how we can help your business thrive!

Tailored Loan Solutions

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.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we don't have ATMs on-site, we still make accessing cash simple through our network of partner ATMs. You can withdraw money when needed without worrying about extra fees. At Local 20 Ibew, we're committed to serving our community with integrity and care. If you'd like more information about any of our services or how we can help meet your financial goals, please don't hesitate to reach out at (214) 363-9223 or visit us at Local 20 Ibew Fcu. We're excited to assist you!

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans provide competitive rates and flexible terms to fit your budget. Whether you're eyeing a brand-new model or a reliable used vehicle, we offer the financing solutions you need to get on the road without stress.

Business Banking

For our business members, we provide comprehensive banking solutions including merchant services and business loans. Whether you're starting a new venture or looking to grow an existing one, we're here to support your business's financial health.

Credit Cards with Rewards

Why not earn rewards while making everyday purchases? Our credit cards come with great benefits that let you earn points or cash back on qualifying transactions. It's an easy way to reward yourself for spending!

Mortgage Loans & Refinancing

Homeownership is within reach with our mortgage loans and refinancing options. We guide you through the process, helping you secure a mortgage that suits your financial situation. If you're already a homeowner looking to lower your monthly payments or access cash through refinancing, we've got tailored solutions just for you.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why Local 20 Ibew offers robust online and mobile banking features that allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds and paying bills, everything is just a click away.

Personal Banking

Our personal banking services cater to individuals looking for convenience and flexibility. With options like checking and savings accounts, you can easily manage your finances while earning interest on your deposits. Imagine having a checking account that helps you budget better and a savings account that grows with your goals our team is here to help make it happen.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. Our personal loans offer quick access to cash when you need it most. Additionally, if you're juggling multiple debts, consider our debt consolidation services to simplify payments and potentially lower interest rates.

Digital & Online Banking

Mobile Banking on the Go

For those who prefer managing their finances from their smartphones, our mobile application is available for download. It provides the same features as our online banking but in a format that's perfect for use while you're out and about. With these tools at Local 20 Ibew, managing your money has never been easier or more secure. Join us today and experience the convenience of modern banking!

Online Banking Made Easy

Our online banking platform is available 24/7, giving you the freedom to check balances, transfer funds, and pay bills whenever it suits you. You can get started by visiting https://www.local20ibewfcu.com/. With user-friendly navigation, you'll find everything you need right at your fingertips.

Secure Access Anytime

Security is our top priority. While we don't currently offer electronic signature authorization for transactions, rest assured that all your online activities are safeguarded with robust security measures. You can manage your finances confidently, knowing that your personal information is protected.

Send Money Instantly

Need to send money to a friend or family member? Our person-to-person transfer feature makes it simple and quick. Just a few taps on your mobile application allow you to transfer money instantly without any hassle.

Stay Organized with E-Statements

Tired of paper clutter? With our e-statements, you can receive your account statements electronically. This not only helps reduce waste but also allows for easy tracking of your financial history. You'll have access to all your statements in one place no more searching through piles of paperwork!

Financial Strength

Commitment to Growth

With $553,245 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; we currently have $94 in used auto loans and $4,494,600 in total loans and leases supporting your financial goals across various sectors.

Growing Trust

Total Share and Deposit Accounts stand at 5,878, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $796,048, further demonstrating our capacity to support your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Local 20 Ibew is your trusted partner. Visit us at 688 W Tarrant Rd Grand Prairie Tx 75050 or call (214) 363-9223 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $43,199 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,283,640, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 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 3 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $553,245, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $748 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 $1,495,701 in used vehicle loans and $1,533,647 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we have options that can fit your budget.

Credit Lines and Unsecured Loans

For those who need flexibility in managing their finances, our total credit lines amount to $1,400,000, ensuring you have access to funds when needed. We also offer flexible terms on unsecured credit card loans, with a total of $255,759 in loans helping members manage their finances effectively.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not offer Junior Lien 1-4 Family Residential Properties loans, we are dedicated to providing guidance through your home financing journey.

Refinancing Options

If you're considering refinancing any existing loans or exploring eligibility options for our various loan products, our team is here to assist you every step of the way. We believe in making the process straightforward and stress-free. For more information or to discuss your specific needs, feel free to reach out to us at (214) 363-9223 or visit us at our branch located at 688 W Tarrant Rd Grand Prairie Tx 75050 in Grand Prairie, TX. Let's work together to find the right solution for 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.

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Local 20 Ibew