Madison County Credit Union Anderson IN | Affordable Auto Loans & Mortgage Refinancing

Introduction

Welcome to Madison County Federal Credit Union, your trusted financial partner located at 621 E 8th St, Anderson, IN 46012. Since our establishment in 1935, we have been dedicated to serving our community with integrity and commitment. With a proud membership of over 8,900 members, we strive to create meaningful relationships that go beyond traditional banking. At Madison County FCU, our members enjoy the benefits of a robust financial institution with total assets amounting to an impressive $109,586,375 and total deposits reaching $8,468,001. Our strength is reflected in our solid net worth of $11,153,622, which allows us to offer a variety of loan options tailored to meet your needs over 5,484 loans and leases are currently available for members. Led by our CEO David Dodd and Board President Daniel Dykes, we pride ourselves on our knowledgeable team of 38 employees who are here to assist you. Whether you're looking for personal banking services like checking and savings accounts or financing options for auto loans and mortgages, we're committed to helping you achieve your financial goals. For any official correspondence, please note that while you can visit us at the branch address above, our mailing address is also 621 E 8th St, Anderson, IN 46012-4018. We're excited to be part of your financial journey! Feel free to reach out by calling us at 765-644-3623 or visiting our website at madcofcu.org for more information about how we can serve you better. Join us today and experience the difference that a member-focused credit union can make!

Branch History & Mission

At Madison County Federal Credit Union, we take pride in our rich history and unwavering commitment to our community. Established in 1935, our branch has grown alongside Anderson, IN, serving as a reliable financial partner for generations. From humble beginnings, we've transformed into a vital resource for nearly 9,000 members, helping them achieve their financial goals. Our branch is located at 621 E 8th St, right in the heart of Anderson. This prime location makes it easy for our members to access essential banking services and engage with us face-to-face. While members can visit us at this address for all their banking needs, official correspondence should be sent to the same mailing address: 621 E 8th St, Anderson, IN 46012-4018. Madison County Federal Credit Union isn't just about numbers; it's about people. With total assets reaching over $109 million, we are proud to offer a wide range of services designed to support both personal and business financial needs. Our mission is simple yet powerful: to provide exceptional financial services while fostering a sense of community and belonging among our members. We believe that everyone deserves access to affordable banking solutions and personalized service. We strive to stay current with modern technology while ensuring ADA compliance and maintaining a welcoming environment for all. Our digital advancements include online banking, mobile payments, and electronic statements that make managing finances easier than ever before. Additionally, we offer convenient features such as ATM availability and drive-thru banking for quick transactions. Community involvement is at the core of what we do. We actively seek partnerships with local organizations to support various outreach programs aimed at enhancing the lives of those in our area. Whether it's hosting financial literacy workshops or participating in charity events, we are dedicated to making a positive impact in Anderson. As we look toward the future, we invite you to join us on this journey. Experience firsthand how Madison County Federal Credit Union can help you achieve your financial dreams while being part of a caring community. Together, let's build a brighter tomorrow! For more information or to open an account today, please call us at 765-644-3623 or visit our website at madcofcu.org.

Branch Location & Accessibility

Welcome to Madison County Federal Credit Union, your friendly financial partner located conveniently at 621 E 8th St in Anderson, IN. Nestled in the heart of Madison County, our branch is easily accessible and designed with your banking needs in mind. Whether you're stopping by to open a new account or simply need assistance with your current services, we're here to help. If you're planning to visit us, you'll find our location just a stone's throw away from popular local landmarks, making it easy to include a trip to the credit union in your daily errands. Parking is ample and accessible, ensuring that all members can enjoy a hassle-free experience. Our branch meets ADA standards, so everyone can comfortably access our services. At Madison County Federal Credit Union, we value your time. Our operating hours are designed for your convenience join us Monday through Thursday from 8:30 AM to 5:00 PM, and on Fridays until 6:00 PM. Need to reach out? Give us a call at 765-644-3623; our friendly staff is always ready to assist you. We also offer convenient ATM access for quick cash withdrawals and basic banking transactions without stepping inside the branch. For those who prefer drive-thru services, we have that too! You can take care of deposits and withdrawals quickly from the comfort of your vehicle. For members of partner credit unions, we proudly provide shared services for deposits and withdrawals. This way, your banking options expand even further while still feeling like home. While members can visit us at 621 E 8th St, official correspondence should be sent to the same address for consistency and ease. We invite you to stop by or give us a call today we look forward to serving you!

Member Eligibility

At Madison County, we believe that becoming a member is like joining a close-knit family where everyone supports one another. If you're wondering whether you qualify to join us, it's pretty simple! You can become a member if you live, work, worship, or attend school in Madison County or if you have an immediate family member who is already a member. We welcome individuals from all walks of life and are excited to offer you the benefits of being part of our community-focused credit union. Joining Madison County means gaining access to a variety of financial services tailored just for you, including checking and savings accounts, loans, and more. Ready to take the next step? Opening an account is easy! Just visit us at 621 E 8Th St, Anderson, IN 46012 or call us at 765-644-3623 for any questions. For detailed eligibility information, check out our website at Madison County Federal Credit Union. You can also start your application process online through this link: Account Opening. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Loan Options That Propel Growth

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 That Simplify Transactions

In today's fast-paced environment, having reliable merchant services is crucial. Imagine processing payments seamlessly so you can focus on what matters most growing your business. Our merchant services provide essential tools like payment processing and point-of-sale systems, ensuring your customers have a smooth checkout experience. Located at 621 E 8Th St Anderson In 46012 in Anderson, IN, we are ready to partner with you on your journey to success. For more information, contact us at (765) 644-3623 or visit our website at Madison County Federal Credit Union.

Comprehensive List Of Services

Digital Banking Features

In today's fast-paced world, managing your finances on-the-go is essential. That's why we offer robust online and mobile banking platforms that allow you to check balances, transfer funds, and pay bills whenever it suits you. With features like mobile payments and person-to-person transfers, handling your financial tasks has never been easier. Our branch also features convenient ATM services for cash withdrawals and balance checks. If you prefer face-to-face interactions for simple transactions like deposits or withdrawals, our drive-thru service is available during lobby hours: Monday through Thursday from 8:30 AM to 5:00 PM and Friday until 6:00 PM.

Flexible Loan Options

If life throws unexpected expenses your way, our personal loans can help you consolidate debt or cover essential costs without breaking the bank. Plus, our credit cards come with rewards that make every purchase count, allowing you to earn while you spend. For small business owners, we provide specialized business banking solutions including merchant services and business loans. Your success is important to us, and we're committed to supporting local businesses in Anderson.

Personal Banking Solutions

Managing your finances should be easy and accessible. Our personal banking services include checking and savings accounts tailored to fit your lifestyle. Need help with saving for a special occasion? Our savings accounts come with competitive interest rates that can help you grow your money over time. When it's time to get behind the wheel of a new car, our auto loans and vehicle financing options provide flexible terms and competitive rates, making it easier than ever to drive away in the vehicle you want. For those considering homeownership or refinancing an existing mortgage, our mortgage loans offer personalized guidance every step of the way.

Shared Branching Convenience

We understand that sometimes you may need access beyond just our branch. That's why we offer basic shared branch transactions for partner credit union members as well. This allows greater flexibility when managing your finances across different locations. At Madison County Federal Credit Union, we pride ourselves on being more than just a place to bank; we're part of your community's financial journey. Whether you're opening an account or looking for financing options, we're here for you every step of the way. Ready to take the next step? Visit us today at 621 E 8Th St in Anderson, or give us a call at 765-644-3623! Your financial future starts here!

Digital & Online Banking

Accessibility and Ease of Use

No matter where life takes you, our digital tools are designed to fit into your lifestyle seamlessly. With just a smartphone or computer, you can manage your accounts in real-time. Need to send money to a friend? Want to check your balance before making a purchase? It's all just a tap away! At Madison County, we strive to make banking straightforward and user-friendly. Experience the convenience of modern banking with us today!

Key Features

Our mobile application brings banking right to your pocket. With the app, you can make mobile payments, conduct person-to-person transfers, and even sign documents electronically with our electronic signature authorization feature. This means you can complete transactions on-the-go without any hassle. Plus, we provide e-statements for those who prefer to go paperless saving trees while keeping everything organized! Safety is our top priority. Our digital banking solutions are built with robust security measures to protect your personal information and transactions. You can bank confidently knowing that we prioritize your security.

Financial Strength

Commitment to Reinvestment

With $8,411,925 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment allows us to support your financial goals effectively.

Efficient Operations

Our operational efficiency is reflected in our $993,892, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 29 full-time employees and 9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Membership Base

Total Share and Deposit Accounts stand at 19,555, showing a strong and growing member base that trusts us with their finances. Our Net Shares (funds available for lending and investments) amount to $190,466, which further reinforces our ability to provide you with reliable banking solutions. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Madison County is your trusted partner. Visit us at 621 E 8Th St Anderson In 46012 or call (765) 644-3623 to learn more about how we can help you achieve your financial goals.

Member Savings Security

Members' savings are secured through $4,547,628 in share certificates, offering stable and rewarding financial growth opportunities. While we currently have $0 in money market shares, our focus remains on maximizing the benefits for our members. 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.

Robust Lending Capacity

Our lending capacity is evident with $1,298 in used auto loans and $65,841,860 in total loans and leases. This breadth of lending ensures that we can support a range of member needs from buying a car to personal financing solutions.

Strong Capital Foundation

With a net worth of $11,153,622, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,015 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 $17,522,346 in used vehicle loans and $4,203,545 in new vehicle loans already helping members get on the road. We provide flexible terms and refinancing options that can fit your budget and lifestyle.

Credit Lines

For those looking for additional financial flexibility, our credit lines totaling $10,161,350 can be an excellent solution. They serve as a reliable safety net for unexpected expenses or planned purchases. At Madison County, we prioritize transparency and support throughout your borrowing experience. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you have any questions about eligibility or would like assistance with refinancing options, don't hesitate to reach out. Feel free to visit us at our branch located at 621 E 8Th St Anderson In 46012 or call us at 765-644-3623 for more information about our loan offerings and how we can assist you today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,663,415, make buying or refinancing simple. Whether you're a first-time buyer or looking to refinance your existing mortgage, our dedicated team is here to guide you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $7,609,438 in loans helping members manage their finances effectively. This option allows for greater control over spending while providing the convenience of easy access to funds when needed.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in the information presented. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that serve the needs of users. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions empower users to make informed decisions quickly and effectively. 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!" Compare real-time loan offers today at LendMesh and find the best rates for your needs. *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.*

How LendMesh Ensures 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 users receive fair and transparent offers. By working only with verified financial institutions, LendMesh guarantees that the information provided is both accurate and trustworthy.

MADISON COUNTY FEDERAL CREDIT UNION