Madison County Credit Union Elwood IN | Best Auto Loans & Quick Personal Loans

Introduction

Welcome to Madison County, your trusted financial partner since 1935! Located at 7953 E State Road 28, Elwood, IN 46036, we take pride in serving our community with dedication and integrity. With a robust membership of 8,954 and total assets reaching an impressive $109,586,375, we are committed to supporting our members' financial needs every step of the way. At Madison County, we understand that your financial journey is unique. That's why we offer a wide range of services tailored to meet your individual needs from personal banking solutions like checking and savings accounts to auto loans and mortgage financing. Our team is here to provide you with personalized service and guidance, ensuring you feel confident about your financial decisions. Our leadership team is dedicated to fostering a welcoming environment. CEO David Dodd and Board President Daniel Dykes lead a passionate group of 38 employees, all focused on delivering exceptional service. Together, we aim to enhance our community's well-being by offering not just financial products but also valuable resources for growth. While members can visit us at our branch location, official correspondence should be sent to the same address: 7953 E State Road 28, Elwood, IN 46036-8449. Whether you're looking to open an account or simply have questions about our services, don't hesitate to reach out! You can contact us at 765-552-7321 or explore more about what we offer on our website at madcofcu.org. Join us today and discover how Madison County can help you achieve your financial goals!

Branch History & Mission

At Madison County, we take pride in our rich history and commitment to our community. Established in 1935, our branch has grown alongside the residents of Elwood, Indiana, fostering a sense of belonging and financial empowerment for nearly nine decades. Located at 7953 E State Road 28, Elwood, IN 46036, we are easily accessible for all your banking needs. Our branch serves as a cornerstone of the community, offering personal banking services that include checking and savings accounts, auto loans, mortgage financing, and much more. Over the years, we've seen significant growth and change. Today, with over 8,900 members and total assets reaching an impressive $109,586,375, we remain dedicated to providing excellent financial services while nurturing community ties. Our mission is simple: to help our members achieve their financial goals while supporting the local economy through various outreach initiatives. We believe that when our members thrive, so does our community. Our commitment extends beyond banking; we actively engage in partnerships and community events that aim to uplift those around us. Whether it's supporting local schools or participating in charity drives, we strive to make a positive impact in Elwood and beyond. In addition to traditional services like drive-thru banking and ATM availability both of which enhance convenience we've embraced modern technology. Members can enjoy online banking features such as mobile payments and e-statements. This ensures accessibility for everyone while maintaining compliance with ADA standards. While members can visit us at our physical address for personalized service during our operating hours Monday through Thursday from 9 AM to 5 PM and Friday from 9 AM to 6 PM official correspondence should be sent to the same address listed above. Join us at Madison County Credit Union where you're not just a member; you're part of a family that cares. Experience firsthand how our dedicated team is here to support your financial journey every step of the way. Together, let's build a brighter future for ourselves and our community!

Branch Location & Accessibility

Accessibility Features

At Madison County, we understand that accessibility is important. Our branch is designed with all members in mind, featuring ramps and ADA-compliant facilities to ensure everyone can visit us without hassle. We also offer ample parking space right outside the entrance, making your trip as smooth as possible.

Get in Touch

If you have any questions or would like more information about our services, feel free to give us a call at 765-552-7321. We invite you to stop by Madison County and experience the community-focused banking that sets us apart!

Operating Hours

We know your time is valuable, which is why our operating hours are designed to accommodate your busy schedule. You can visit us Monday through Thursday from 9 AM to 5 PM, and on Friday until 6 PM. Our team is here to assist you during these hours, whether you're looking to open an account or simply need some advice on financial matters.

Services Offered

Our branch provides a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Additionally, we feature a drive-thru service for quick transactions and an ATM for cash withdrawals whenever you need them. If you're a member of a partner credit union, don't forget that we also offer shared services! While members can visit us at 7953 E State Road 28 Elwood In 46036, official correspondence should be sent to our mailing address at 7953 E State Road 28, Elwood, IN 46036-8449.

Member Eligibility

At Madison County, we believe that joining our community means becoming part of a family that truly cares about your financial wellbeing. If you're wondering how to become a member, it's easier than you might think! Our doors are open to anyone who lives, works, or worships in the Madison County area. We also welcome immediate family members of current members, making it simple for you to share the benefits with those you love. For more detailed information on eligibility requirements, feel free to visit our website at . Becoming a member at Madison County not only connects you with a supportive network but also grants you access to a variety of financial services tailored just for you. Whether you're looking to open an account, apply for loans, or take advantage of our online banking features, the process is straightforward and welcoming. Ready to get started? You can open your account by visiting us in person at 7953 E State Road 28, Elwood, IN 46036 or simply reach out by phone at (765) 552-7321. We can't wait to have you join us!

Business Banking & Commercial Services

Merchant Services That Matter

Imagine a service that not only processes payments but also helps you manage your cash flow effortlessly. Our merchant services are designed to give you peace of mind while you focus on running your business. From accepting payments in-store or online to providing detailed sales reports, we equip you with the tools needed to thrive. Located conveniently at 7953 E State Road 28 Elwood In 46036 in Elwood, IN, we're here to partner with you on your journey toward success. Contact us at (765) 552-7321 or visit our website at Madison County Fcu to learn more about how we can help your business grow!

Tailored 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. - 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

Business Banking

For our business members, we provide essential banking solutions including merchant services and business loans. Running a small business is challenging, but with our support, you can focus on growth while we take care of the banking side.

Digital Banking Solutions

In today's fast-paced world, convenience is key. That's why Madison County offers robust online and mobile banking features that let you manage your finances from anywhere. Check balances, transfer funds, or pay bills at your fingertips! Plus, our ATM services ensure easy cash withdrawals whenever you need them.

Drive-Thru and Shared Branch Transactions

We understand that sometimes you prefer face-to-face interactions. Our drive-thru banking allows for quick deposits and withdrawals without leaving your vehicle. Moreover, if you're a member of another partner credit union, enjoy basic shared branch transactions right here at Madison County.

Get Started Today!

With so many services available under one roof at Madison County, we invite you to explore how we can help meet your financial needs. For more information or to open an account today, please call us at 765-552-7321 or visit us online at madcofcu.org. We're here for you every step of the way!

Loans and Financing

When it's time to make a big purchase or consolidate debt, our auto loans and vehicle financing options are here to assist. Picture driving home in a new car without the stress of high-interest rates! Additionally, if you're considering buying a home or refinancing your current mortgage, we offer mortgage loans with flexible terms that suit your budget. For those unexpected expenses or projects around the house, our personal loans can give you the financial boost you need. We understand that life can throw curveballs, and we're here to support you through them.

Personal Banking

Our personal banking services include checking and savings accounts tailored to fit various lifestyles. If you're planning a vacation or just want peace of mind, our savings accounts offer competitive rates that help your money grow. When it comes to spending, we also provide credit cards with rewards that allow you to earn points for every purchase you make.

Digital & Online Banking

Key Features

One standout feature is our Mobile Application, which allows you to take banking on the go. With the app, you can make Person-to-Person Transfers effortlessly send or receive money from friends and family with just a few taps. Plus, if you're someone who loves keeping track of your expenses, you'll appreciate our E-Statements Availability, allowing you to view your statements digitally and securely. Security is paramount at Madison County. We offer Electronic Signature Authorization, making it easy for you to sign documents electronically while ensuring your data remains protected. And when it comes to making payments, our Mobile Payments Feature lets you pay with confidence using your smartphone. In today's fast-paced world, having access to your finances whenever you need it is essential. That's why we strive to provide services that are not only convenient but also safe. Whether you're managing day-to-day expenses or planning for future goals, our digital banking solutions are here to support you every step of the way. Explore all these features and more by visiting us online at https://www.madcofcu.org/!

Financial Strength

Commitment to Innovation

With $8,411,925 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our commitment extends to having $1,298 in used auto loans and $65,841,860 in total loans and leases; this ensures our lending capacity supports your financial goals across various sectors.

Growing Member Base

Total Share Accounts stand at 19,555, showing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments totaling $190,466, we are well-positioned to assist you in 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, Madison County is your trusted partner. Visit us at 7953 E State Road 28 Elwood In 46036 or call (765) 552-7321 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $4,547,628 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 operational efficiency is reflected in our $993,892, which enables 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.

Strong Financial Position

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 competitive interest rates to make your auto financing straightforward and affordable.

Credit Lines and Unsecured Loans

For those looking for additional flexibility in managing finances, we also offer credit lines with a total value of $10,161,350. If you're interested in credit cards without collateral requirements, our unsecured credit card loans amounting to $7,609,438 are designed with your convenience in mind. These options can assist you in managing both large purchases and everyday expenses effectively.

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. We aim to guide you through the process and help you find the right loan that fits your budget and lifestyle.

Refinancing Options

If you're considering refinancing existing loans to secure better terms or lower payments, speak with us about eligibility options tailored for your situation. Our team is here to help you navigate these choices and find solutions that meet your needs. At Madison County Federal Credit Union, we believe in empowering our members through accessible financial services that align with their 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. Explore our loan offerings today and take a step towards achieving your financial aspirations!

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Madison County