Members Choice Credit Union Waco TX | Best Auto Loans & Business Banking

Introduction

Welcome to Members Choice Of Central Texas, your trusted partner in financial well-being since 1935! Conveniently located at 845 New Dallas Hwy, Waco, TX 76705, we have proudly served our community for decades. With a solid foundation built on trust, we are dedicated to helping our members achieve their financial goals through personalized services and products. At Members Choice, we understand that every member's journey is unique. That's why we offer a range of services tailored to meet your specific needs from personal banking and auto loans to mortgage financing and business banking solutions. Currently, we boast a vibrant community of over 19,341 members, all benefiting from our commitment to excellent service and competitive offerings. As of today, our total assets stand at an impressive $207,093,709, with total deposits reaching $13,261,906. We take pride in our financial stability, reflected in our net worth of $32,249,737 and cash in hand amounting to $2,554,201. This robust financial health allows us to provide the best possible support for your financial endeavors. Our leadership team is equally committed to enhancing your experience. Under the guidance of CEO Don Cox and Board President Brenda Alligood, we strive to create a welcoming environment where you feel valued and understood. Our team of 51 dedicated employees is always ready to assist you with any questions or concerns you may have. While members can visit us at our Waco branch for all their banking needs, official correspondence should be sent to our mailing address at 845 Lacy Dr, Waco, TX 76705. We invite you to explore all that we have to offer by visiting our website at choicefcu.com or calling us directly at 254-867-1250. Join us today as we work together towards building a brighter financial future!

Branch History & Mission

Welcome to the story of Members Choice Of Central Texas, a cornerstone of financial service in Waco, TX. Established in 1935, our branch has proudly served the community for over eight decades, growing from humble beginnings into a thriving institution with a membership base of 19,341 individuals. We believe that everyone deserves access to quality financial services, and we have worked tirelessly to ensure that our members feel supported and valued. Our branch is located at 845 New Dallas Hwy, Waco, TX 76705, a convenient spot that is easy to reach. Just a stone's throw away from local landmarks, we are not only a place for banking but also a hub of community activity. For official correspondence, please send it to our mailing address: 845 Lacy Dr, Waco, TX 76705. At Members Choice Of Central Texas, our mission is simple yet profound: to empower our members financially while strengthening the community. We provide a range of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking options. Our commitment goes beyond just financial transactions; we actively participate in community outreach programs and partnerships aimed at fostering growth and support within Waco and surrounding areas. With total assets amounting to an impressive $207,093,709, we pride ourselves on maintaining financial strength while prioritizing member needs. Our operating hours are designed for your convenience our lobby is open Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and our drive-thru operates Monday through Friday from 7:30 AM to 6:00 PM. In an ever-evolving digital world, we have made significant advancements to enhance your banking experience. We offer online and mobile banking services that allow you to manage your finances on-the-go. Our ATM services are available for quick cash withdrawals or balance checks whenever you need them. The heart of Members Choice Of Central Texas beats with the spirit of community support. We are dedicated to providing accessible banking solutions that cater to the diverse needs of our members while ensuring ADA compliance and customer-centric initiatives. As we look forward to the future, we invite you to join us on this journey. Experience firsthand the benefits of being part of a credit union that truly cares about its members and its community. Reach out today or visit us at our branch let's take the next step together towards achieving your financial goals! For inquiries or assistance, feel free to call us at 254-867-1250 or explore more about us at our website.

Branch Location & Accessibility

Convenient Access

At our Northside Branch, we prioritize accessibility for all our members. We have ample parking available right outside the branch, so you won't have to worry about finding a spot. Our facility is ADA compliant, featuring ramps and accessible entrances to ensure everyone can visit us comfortably.

Get in Touch

Have questions or want more information? Feel free to give us a call at 254-867-1250! We're always happy to assist you with any inquiries or concerns. Come by and see us soon; we look forward to welcoming you into the Members Choice family!

Operating Hours

We understand that life gets busy, which is why we offer convenient hours tailored to your schedule. Our lobby is open Monday through Thursday from 9:00 AM to 5:00 PM, and on Fridays, we're here until 6:00 PM. If you're looking for an even earlier start, our drive-thru service opens at 7:30 AM on weekdays perfect for quick deposits or withdrawals on your way to work.

Services Offered

At Members Choice Of Central Texas, we offer a range of services designed with you in mind. From checking and savings accounts to auto loans and mortgages, we strive to meet all your financial needs under one roof. Need cash? Our ATM is available for easy access to your funds anytime you need them. While members can visit us at 845 New Dallas Hwy, official correspondence should be sent to our mailing address at 845 Lacy Dr, Waco, TX 76705.

Member Eligibility

At Members Choice Of Central Texas, we believe that everyone deserves a chance to be part of a welcoming community that supports your financial journey. Becoming a member is straightforward and inclusive! If you live, work, or worship in the Waco area, or if you have a family member who is already a member, you're likely eligible to join us. We're here to help you navigate the process of opening an account and enjoying all the benefits we offer. For detailed eligibility criteria, feel free to check out our resource at https://mbrapp.memberschoicectfcu.org/. Joining Members Choice Of Central Texas means gaining access to personalized banking services tailored just for you. Our friendly staff is always ready to assist with everything from checking and savings accounts to auto loans and credit cards with rewards. Plus, opening an account is simple! You can start your application online through this link: https://mbrapp.memberschoicectfcu.org/, or give us a call at (254) 867-1250 if you have any questions. Come visit us at 845 New Dallas Hwy Waco Tx 76705; we can't wait to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Make Sense

Imagine a local café that needs to process customer payments quickly and efficiently. Our merchant services offer practical tools like point-of-sale systems that simplify transactions. By choosing Members Choice Of Central Texas for your business banking needs, you can focus more on what you do best serving your customers while we handle the financial side. Located at 845 New Dallas Hwy Waco Tx 76705 in Waco, TX, we're ready to partner with you on your journey to success. Reach out to us at (254) 867-1250 or visit our website at https://www.choicefcu.com/ to learn more about how we can support your business banking needs.

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

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our auto loans and vehicle financing options can help make your dream vehicle a reality. We offer competitive rates and flexible terms tailored to fit your budget, making it easier than ever to drive off in the car you want.

Business Banking Services

For entrepreneurs and business owners, we offer robust business banking services including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we understand the unique challenges businesses face and are committed to supporting your growth.

Convenient Digital Banking Features

At Members Choice Of Central Texas, convenience is key. Our online and mobile banking platforms allow you to manage your accounts anytime, anywhere. Need cash? Use our ATMs for quick withdrawals or balance checks without stepping inside the branch. Our basic drive-thru banking service also provides ease for deposits, withdrawals, and other simple transactions.

Get Started Today!

We invite you to visit us at our Waco branch or give us a call at 254-867-1250 to learn more about how we can serve you better. At Members Choice Of Central Texas, we're not just about banking; we're about building relationships that empower you financially. Discover all that we have to offer by visiting our website at choicefcu.com. We look forward to helping you achieve your financial goals!

Home Financing Options

If homeownership is on your mind, explore our mortgage loans and refinancing solutions. Whether you're a first-time buyer or looking to refinance an existing loan for better terms, we have the expertise to guide you through the process smoothly.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, our personal banking options are designed to simplify your financial life. Imagine having easy access to your funds while earning competitive interest rates. With our checking and savings accounts, you can manage your money effortlessly. Plus, our credit cards with rewards make everyday purchases more rewarding.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. Our personal loans can provide the financial relief you need when faced with unforeseen circumstances. Additionally, if managing multiple debts feels overwhelming, consider our debt consolidation options that allow you to combine all your payments into one manageable monthly installment.

Digital & Online Banking

Key Features

Our mobile application makes it simple to bank on the move. Whether you're making person-to-person transfers or using our mobile payments feature, you'll find that handling transactions is as easy as a few taps on your screen. Plus, with e-statements available, you can keep track of your finances without adding paper clutter to your life. Security is a top priority for us. Our electronic signature authorization ensures that all transactions are safe and verified, giving you peace of mind every time you use our services. You can trust that your personal information is protected while enjoying all the benefits of online banking. We aim to make managing your money not just efficient but also enjoyable. With real-time account management and user-friendly features, banking with Members Choice Of Central Texas means you can focus more on what matters most your life and less on banking hassles. Join us today and experience the future of banking at Members Choice Of Central Texas!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts stand at 33,519, showing a strong and growing member base that trusts us with their finances. This trust fuels our mission to provide exceptional service tailored to your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Members Choice Of Central Texas is your trusted partner. Visit us at 845 New Dallas Hwy Waco Tx 76705 or call 254-867-1250 to learn more about how we can help you achieve your financial goals.

Investment in Member Services

With $31,911,933 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is reflected in our portfolio with $144,704,449 in total loans and leases and 1,883 used auto loans, supporting our members' financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $46,796,336 in share certificates and $11,132,123 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,822,000, 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 evident as shown by our net income of $0 for the period. This reflects our commitment to managing expenses while focusing on member satisfaction. We also take pride in having 51 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $32,249,737, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1557 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 $37,950,519 in used vehicle loans and $36,278,557 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, ensuring that you find the right fit for your budget. Plus, if you're considering refinancing your current auto loan for better terms, we can help with that too!

Credit Card Loans

Managing your finances effectively is key to maintaining good financial health. That's why we also offer flexible terms on unsecured credit card loans. With a total of $174,487 in unsecured credit card loans available, our products can help you handle unexpected expenses or make larger purchases without the burden of high-interest rates.

Credit Lines

For those who need extra flexibility, our credit lines totaling $40,328,510 provide access to funds when you need them most. This option allows you to borrow only what you need while keeping your payments manageable. If you're ready to explore these options further or want to know about eligibility requirements, feel free to contact us at 254-867-1250 or visit us at our branch located at 845 New Dallas Hwy Waco Tx 76705. We're dedicated to supporting our members' financial journeys with reliable services and personalized attention. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you find the right loan solution today!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We have Junior Lien 1-4 Family Residential Properties loans totaling $1,275,156, ready to support you through the process of owning your dream home. Whether you're a first-time buyer or looking to refinance an existing mortgage, our team is here to guide you every step of the way.

Loan Aggregator

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Members Choice Of Central Texas