MassMutual Credit Union Springfield MA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Massmutual, your trusted partner in financial well-being, located at 1295 State St, Springfield, MA 01111. Established in 1962, our credit union has been serving the community with dedication and care for over six decades. With a strong membership of 13,517 and total assets amounting to an impressive $316,243,487, we pride ourselves on being a reliable resource for all your banking needs. At Massmutual, we understand that every member's financial journey is unique. That's why we offer a variety of services tailored to meet your needs whether you're looking for personal banking options like checking and savings accounts, auto loans, or mortgage refinancing, or business banking solutions that include merchant services and business loans. Our commitment to helping you succeed financially is reflected in our robust portfolio of 8,050 loans and leases. Under the guidance of our CEO, Lisa Asadourian, and Board President, Bethany Cowles, we strive to create an environment where our members feel valued and supported. With a dedicated team of 26 employees, we ensure that every visit or call to our branch is met with friendly service and expert advice. While you can always reach us at our branch location for in-person assistance, official correspondence should be sent to the same address: 1295 State St, Springfield, MA 1111. We invite you to explore our website at massmutualfcu.org for more information about our services or to apply for an account online. Join us today and experience the Massmutual difference where your financial success is our priority! Feel free to give us a call at 413-744-3431 during our operating hours from Monday to Friday, 8 AM to 4:30 PM. Your journey toward better financial health starts here!

Branch History & Mission

Community Engagement

Massmutual proudly partners with local organizations to support various community projects and initiatives. Whether through financial education workshops or sponsorships for local events, we are dedicated to giving back and making Springfield a better place for everyone. We invite you to become part of our family at Massmutual. Experience personalized service and a supportive environment where your financial goals can be realized. Join us today and discover how we can help you achieve financial success while being part of a community-focused credit union. For more information or to start your journey with us, please call us at (413) 744-3431 or visit our website at Massmutual FCU. Together, let's build a brighter future!

Our Mission

At the heart of Massmutual lies our mission: to provide reliable financial services while making a positive impact in our community. We believe that by supporting our members financially, we can also uplift the neighborhoods where they live and work. This mission drives us daily as we strive to offer accessible banking options alongside initiatives that promote community engagement and outreach. While members can visit us at 1295 State St Springfield Ma 01111, official correspondence should be sent to 1295 State St, Springfield, MA 1111. Our operating hours are Monday through Friday from 8 AM to 4:30 PM, ensuring that our services are available when you need them most. We also offer ATM availability for your convenience. In addition to traditional banking services, we embrace modern technology with online and mobile banking options. These digital advancements ensure that your financial needs are met wherever you are. Our commitment extends beyond just banking; we aim for accessibility by ensuring ADA compliance across all platforms.

Branch Location & Accessibility

Operating Hours

We're here for you Monday through Friday from 8 AM to 4:30 PM, ready to assist with your banking needs. Whether you're looking to open an account, apply for a loan, or need help with online banking services, our dedicated team is always available during these hours.

Services Offered

At Massmutual, we offer a 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've got you covered. Our members also enjoy the convenience of ATM access, allowing for quick cash withdrawals and balance checks whenever needed. While we currently do not have a drive-thru service available, our friendly staff is eager to assist you inside the branch. Feel free to give us a call at (413) 744-3431 if you have any questions or would like more information about our services. We invite you to visit us at Massmutual today! Experience the personalized service that sets us apart and discover how we can help you reach your financial goals.

Member Eligibility

Becoming a member of Massmutual is like joining a close-knit family that cares about your financial well-being. At our branch located at 1295 State St Springfield Ma 01111, we welcome anyone who shares our values and goals. Whether you're looking to save for the future, buy a car, or secure a loan, if you live or work in the area or have family ties to our community, you're likely eligible to join us! We strive to make banking personal and accessible because we believe everyone deserves support on their financial journey. To find out more about the specific eligibility criteria, feel free to check out the details at . Opening an account with us is straightforward and welcoming. You can start your journey towards membership by visiting our account opening page at https://app.consumer.meridianlink.com/apply.aspx?enc=kw21wblm1yxpjjabdozadxum3q0ks1k41m8rysyfjpnqeohlvht5kxjqpnka1udpezmfchncgp5iizfhvoembuewnrc6nbpdi2e0qsxembexngtw3ahq-7zkvbuelbbp . If you have any questions or need assistance, don't hesitate to reach out at (413) 744-3431. We're here to help you every step of the way!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer merchant services designed to simplify transactions for your business. Imagine being able to accept payments effortlessly whether in-store or online allowing you to focus on what truly matters: growing your enterprise. Our merchant services provide fast processing times and reliable support, ensuring you never miss a sale. Located conveniently at 1295 State St Springfield Ma 01111 in Springfield, MA, we invite you to explore how Massmutual can be your partner in success. For more information, give us a call at (413) 744-3431. Let's take your business to new heights together!

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 Services

For entrepreneurs and business owners, Massmutual provides tailored Business Banking solutions. Whether you need merchant services to streamline transactions or business loans to expand operations, we have resources to support your growth.

Convenient Access

Accessing your funds is simple with our ATM & Cash Withdrawal Services, available 24/7 at various locations. You can perform basic ATM functions such as withdrawals and balance checks without any hassle. We know that managing finances should be easy and straightforward, which is why we've integrated these diverse services into one convenient location. Our friendly staff is here to assist you with any questions or concerns you may have.

Credit Options

In addition to these essential services, we understand that unexpected expenses can arise. That's why we offer Personal Loans & Debt Consolidation solutions, giving you the financial relief you need without added stress. Plus, our Credit Cards with Rewards allow you to earn points on every purchase while enjoying competitive rates.

Get in Touch

Ready to explore how we can help you achieve your financial goals? Call us today at (413) 744-3431, or visit us at 1295 State St Springfield Ma 01111 during our operating hours from Monday to Friday, 8 AM - 4:30 PM. Join the growing family of members who trust Massmutual for their financial needs! For more information about our offerings, feel free to check out our website at https://www.massmutualfcuhb.org .

Personal Banking Solutions

For individuals looking to manage their finances effectively, we offer Personal Banking services like checking and savings accounts. Imagine having the flexibility to access your funds anytime through our Online & Mobile Banking platforms. This means you can check balances, transfer money, and even pay bills right from your smartphone or computer. If you're considering buying a car, our Auto Loans & Vehicle Financing options make it easier than ever to drive away in the vehicle of your dreams. We also provide Mortgage Loans & Refinancing for those ready to purchase a home or refinance an existing mortgage. Our team is ready to guide you through the process, ensuring you find the best loan terms that fit your budget.

Digital & Online Banking

Additional Features

Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick to send funds directly from your account. And if you prefer paperless statements, we offer e-statements that let you view your financial activity without the clutter of paper. Additionally, if you're interested in mobile payments, we've got you covered! Our mobile payments feature allows you to make purchases directly from your device no need for cash or cards. At Massmutual, we're committed to providing accessible and efficient banking solutions tailored to meet your needs. Experience the ease of managing your finances today with our digital banking services!

Easy Account Access

With 24/7 online banking services, you can check your balance, pay bills, and transfer money with just a few clicks. Our user-friendly interface ensures that you can navigate through your accounts without any hassle. Plus, if you're on the go, our mobile application lets you manage your finances right from your smartphone.

Secure Transactions

Your security is our top priority. That's why we provide electronic signature authorization for certain transactions, allowing you to complete important paperwork securely and conveniently. You can also rest easy knowing that our systems are designed with advanced security features to protect your personal information.

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 30,082, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $954,879. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Massmutual is your trusted partner. Visit us at 1295 State St Springfield Ma 01111 or call (413) 744-3431 to learn more about how we can help you achieve your financial goals.

Investment in Your Future

With $35,981,750 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $1,281 in used auto loans and $199,581,076 in total loans and leases.

Operational Efficiency

Our $440,747 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 25 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $80,046,802 in share certificates and $93,166,136 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.

Solid Financial Health

With a net worth of $38,760,807, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,225 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 $19,957,016 in used vehicle loans and $9,272,629 in new vehicle loans already helping members get on the road. We provide flexible financing options and refinancing opportunities to ensure you get the best deal possible.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $61,070,793, make buying or refinancing simple. We aim to guide you through the process and help you find a plan that fits your budget and lifestyle.

Other Loan Options

In addition to our auto and mortgage loans, we offer other types of lending solutions tailored for personal and business needs. Whether you're looking for personal loans or need assistance with debt consolidation, our experienced team is here to help you navigate your options. Our commitment goes beyond just offering loans; we strive to provide financial education and support so you can make informed decisions about borrowing. 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! Visit us at 1295 State St Springfield Ma 01111 or give us a call at (413) 744-3431. Let's work together toward achieving your financial dreams!

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $6,128,513 in loans helping members manage their finances effectively. These cards come with competitive interest rates and are designed to provide peace of mind when unexpected costs arise.

Loan Aggregator

Benefits of Using LendMesh

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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 means users receive fair and transparent offers without hidden fees or unfair terms. Each loan comparison reflects real offers from legitimate financial institutions, ensuring that users can trust the information they see.

MASSMUTUAL FEDERAL CREDIT UNION - Springfield, MA