Lynn Police Credit Union Lynn MA | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Lynn Police Credit Union, where our commitment to the community shines through in every service we provide. Located at 300 Washington St, Lynn, MA 01902, we have been proudly serving our members since 1945. With a growing family of 1,008 members, we understand that each individual is unique, and we strive to offer tailored financial solutions that fit your needs. At Lynn Police Credit Union, your financial security is our top priority. With total assets amounting to an impressive $10,468,084 and total deposits reaching $508,592, you can trust us to manage your money wisely. Our dedicated team of 7 employees, led by CEO Kevin Coppinger and Board President Richard Carrow, ensures that you receive friendly and knowledgeable service every time you visit. We are more than just a credit union; we're a community partner committed to making a difference. Whether you're looking for personal banking options like checking and savings accounts or seeking loans for vehicles and mortgages, we have the expertise and resources to help you succeed. Currently, we handle a diverse portfolio with 296 loans and leases under our care, reflecting our dedication to supporting our members' financial goals. While members can visit us at our branch location for personal assistance, official correspondence should be sent to the same address: 300 Washington St, Lynn, MA 1902. We invite you to explore our services further by visiting our website or giving us a call at 781-477-4352. Join us today and experience the personalized care that comes from being part of the Lynn Police Credit Union family!

Branch History & Mission

Commitment to Community

Our commitment extends beyond banking; we actively engage in partnerships and community outreach efforts aimed at improving lives in Lynn. Whether it's through financial education workshops or local sponsorships, we strive to uplift those around us while ensuring that our members feel valued and heard. As we look toward the future, we continue embracing technology and customer-focused initiatives that make banking more accessible for everyone. Although we do not currently offer ATM or drive-thru services, rest assured that we are dedicated to evolving with your needs.

Join Us!

We invite you to become part of the Lynn Police Credit Union family. Experience firsthand the benefits of joining a credit union that prioritizes its members' interests and fosters a sense of belonging within the community. Together, let's work towards achieving your financial goals! For more information or inquiries, feel free to reach out at 781-477-4352. Join us today!

Our Mission

At Lynn Police Credit Union, our mission is clear: we aim to provide accessible financial services while making a positive impact on our community. We believe in treating each member with respect and understanding their unique needs. Our core values drive us to offer personal banking solutions that include auto loans, mortgage refinancing, credit cards with rewards, and business banking services. While you can visit us at 300 Washington St, official correspondence should be sent to 300 Washington St, Lynn, MA 1902 if needed. We invite you to come by during our operating hours: Wednesday from 3 PM - 5 PM; Thursday from 9 AM - 12 PM and 3 PM - 5 PM; Friday from 9 AM - 3 PM.

Our Story

The journey of Lynn Police Credit Union began with a simple yet powerful mission: to provide financial services that enhance the lives of our members while supporting the community. Initially established to serve police officers and their families, our commitment has expanded over the years to include anyone who values personalized banking experiences and community support. Throughout our history, we have achieved numerous milestones that reflect our dedication to excellence. From offering essential services like checking and savings accounts to expanding into auto loans and mortgage options, every step has been taken with the intent of empowering our members financially. We are proud of our role in fostering financial literacy and stability within the Lynn community.

Branch Location & Accessibility

Accessibility Features

At Lynn Police Credit Union, we prioritize accessibility for all members. Our branch complies with ADA standards, ensuring that everyone can comfortably navigate our space. Ramps and designated accessible entrances make it easy for those with mobility challenges to visit us.

Contact Us

Have questions? Feel free to call us at 781-477-4352! We're here to help you navigate your financial journey. We invite you to stop by Lynn Police Credit Union today your neighborhood financial partner awaits!

Nearby Landmarks

You'll find us close to popular local spots, making it simple to include a visit to our branch during your day. We're just a short walk from the Lynn Commons Park, offering a perfect opportunity for a stroll before or after your banking visit. Plus, there's ample parking available nearby, so you can park with ease and access our services without any hassle.

Operating Hours

We understand that life can be busy, which is why we offer flexible hours to serve you better. Our lobby is open Wednesday from 3 PM to 5 PM and Thursday from 9 AM to 12 PM and again from 3 PM to 5 PM. On Friday, we're here from 9 AM until 3 PM. This schedule allows you to come in at times that fit your routine.

Services Offered

While you're here, you'll discover a variety of services designed to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Although we currently do not have ATM services or drive-thru banking available at this location, our friendly staff is always ready to assist you in person.

Member Eligibility

Joining the Lynn Police community is like becoming part of a family that truly cares about your financial well-being. Membership is open to individuals who live, work, or worship in the Lynn area, making it easy for you to connect and thrive alongside your neighbors. Whether you're seeking to open a checking account, secure an auto loan, or explore other financial services, we welcome you with open arms. To ensure everyone has access to our resources, we encourage you to learn more about eligibility requirements by visiting our website at . If you're ready to take the next step and become a member, opening an account is straightforward and hassle-free just give us a call at (781) 477-4352, and we'll guide you through the process. We can't wait to welcome you to Lynn Police at 300 Washington St Lynn Ma 01902!

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. Additionally, we support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions that adapt to your needs.

Merchant Services

To ensure you can focus on what you do best running your business we offer tailored merchant services that simplify transactions. Imagine seamlessly processing customer payments, whether in-store or online, allowing you to serve your clients efficiently and effectively. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses. When you're ready to take your business to the next level, reach out to us at (781) 477-4352. Let's grow together!

Comprehensive List Of Services

Business Banking

For our members who own businesses, we offer dedicated business banking services, including merchant services and business loans. We recognize that running a business comes with its own set of challenges, which is why we aim to provide solutions that help you thrive.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why Lynn Police offers robust online and mobile banking options. You can easily check balances, transfer funds, and manage your accounts from anywhere whether you're at home or on the go. While we currently do not have ATMs or drive-thru service available at our branch, our commitment to providing high-quality digital banking ensures that accessing your money is easier than ever.

Loans and Credit Options

Life can be unpredictable, and sometimes you may need extra funds for unexpected expenses or projects. Our personal loans and debt consolidation services provide you with the financial breathing room you need. Plus, if you're looking to build your credit while enjoying perks, our credit cards with rewards can be an excellent choice.

Member Support

We believe in building lasting relationships with our members. If you have any questions or need assistance, don't hesitate to reach out to us at (781) 477-4352 during our operating hours: Wednesday from 3 PM - 5 PM, Thursday from 9 AM - 12 PM & 3 PM - 5 PM, and Friday from 9 AM - 3 PM. At Lynn Police, we're more than just a credit union; we're your partner in achieving financial wellness. Explore all the services we offer by visiting us today! Your future starts here at Lynn Police Credit Union!

Personal Banking

Whether you're looking to open a checking or savings account, our personal banking services are tailored just for you. Imagine having the flexibility to manage your finances with ease; our accounts come with features that help you save and spend wisely. If you're considering purchasing a new car, our auto loans and vehicle financing options can make that dream a reality without breaking the bank. We also offer mortgage loans and refinancing opportunities, making it simpler for you to invest in a home.

Digital & Online Banking

Key Services

Our online banking services give you the ability to check balances, transfer funds, and pay bills without stepping foot in a branch. Unfortunately, features like electronic statements and mobile payments aren't available at this time, but we're committed to providing essential tools that keep you connected. For members looking for convenience, our person-to-person transfer option is not currently offered. While we don't have a dedicated mobile application right now either, our online banking site is optimized for use on your smartphone or tablet.

Security and Accessibility

Your security is our top priority. We ensure that all transactions through our online banking system are safe and secure. Though we currently don't offer electronic signature authorization, we take every measure to protect your information. With 24/7 access to online banking services, you can manage your finances whenever it suits you best. Whether you're checking your balance after hours or scheduling payments for the month ahead, the process is straightforward and stress-free. Explore more about our digital offerings by visiting us at . Experience the ease of managing your finances with Lynn Police today!

Financial Strength

Committed Team

We also take pride in having 0 full-time employees and 7 part-time employees. Each member of our team is dedicated to providing you with the best service possible, ensuring that when you walk through our doors or call us at (781) 477-4352, you're met with knowledgeable assistance ready to help with any questions or needs.

Conclusion

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lynn Police is your trusted partner. Visit us at 300 Washington St Lynn Ma 01902 or call (781) 477-4352 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 Savings Options

Members' savings are secured through $3,165,112 in share certificates, offering stable and rewarding financial growth opportunities. While we currently do not offer money market shares, our focus remains on providing value through other means. 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 $26,853 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. This income helps us sustain our operations while ensuring that you benefit from high-quality services tailored to your needs.

Reinvestment for Future Growth

With $2,715,692 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This reinvestment allows us to expand our offerings and improve the quality of service you receive.

Solid Financial Health

With a net worth of $2,911,876, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This robust net worth reflects our ability to navigate economic changes while prioritizing your financial wellbeing. Our net worth ratio of $2,778 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio is a key indicator of our stability and commitment to serving our members effectively.

Strong Lending Capacity

We have $123 in used auto loans and $5,123,572 in total loans and leases, showcasing our ability to support members' financial goals across various sectors. Our lending capacity reflects not only our readiness to help but also the trust placed in us by our community.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $2,117,189 in used vehicle loans and $709,653 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates tailored to fit your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,572,608, make buying or refinancing simple. We work with you to navigate the mortgage process smoothly, ensuring you find the right solution for your needs.

Refinancing Options

If you're considering refinancing any existing loans, we have options available that may save you money on interest rates or help adjust your payment schedule to better suit your financial situation. Our team is here to assist you with understanding eligibility requirements and guiding you through the refinancing process. For inquiries about any of our loan products or to see how we can assist you in achieving your financial goals, feel free to reach out to us at (781) 477-4352 or visit us at 300 Washington St Lynn Ma 01902 in Lynn, MA. 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 look forward to helping you secure the funding you need!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. This option provides the convenience and flexibility you need without the requirement for collateral.

Loan Aggregator

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 commitment ensures fair and transparent offers for users seeking loans. Each listed rate reflects the most current information available, allowing users to trust that they are looking at accurate and relevant data.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in all comparisons. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that put user interests first. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users find the best possible options tailored to their needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback reinforces the reliability of LendMesh as a trusted comparison tool. Ready to find the best loan rates for your needs? Compare real-time loan offers today at LendMesh. *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.*

LYNN POLICE CREDIT UNION - Lynn, MA