Members Plus Credit Union Dorchester MA | Best Auto Loans & Business Banking

Introduction

Welcome to Members Plus, your trusted financial partner located at 1165 Massachusetts Ave, Dorchester, MA 02125. Established in 1940, we have proudly served our community for over eight decades, helping our 13,808 members achieve their financial goals. With a strong commitment to delivering personalized service and reliable financial solutions, we have grown to hold total assets of $325,658,438 and total deposits of $20,405,595. At Members Plus, we understand that each member has unique needs. That's why we offer a wide range of services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking options. Our dedicated team of 50 employees, led by CEO John Murphy and Board President Craig Pinkham, is here to provide you with the support and guidance you need. We take pride in our community impact and strive to create lasting relationships with our members. With total loans exceeding 6,343, we are committed to reinvesting in our local economy while maintaining a net worth of $39,958,930 a testament to our stability and reliability. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be sent to the same address: 1165 Massachusetts Ave, Dorchester, MA 2125. If you have any questions or need assistance, feel free to call us at (617) 427-2010 during our operating hours from Monday to Friday between 7:30 AM and 4:00 PM. Join us today as we continue to make a positive difference in the lives of our members. Visit our website at memberspluscu.org to learn more about what we can do for you!

Branch History & Mission

At Members Plus, we proudly reflect on our journey since opening our doors in 1940. Located at 1165 Massachusetts Ave in Dorchester, MA, our branch has been a cornerstone of the community for over eight decades. With a commitment to providing exceptional financial services, we have grown alongside our members and adapted to meet their needs. From humble beginnings, we have evolved into a trusted partner for over 13,800 members. Our total assets now stand at an impressive $325,658,438, reflecting our dedication to sound financial practices and community support. Our mission is clear: we aim to empower individuals and families by offering personalized banking solutions that foster financial health and stability. As part of our ongoing commitment to enhance member experience, we provide various services including checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards. We also embrace technology through online banking and mobile applications, making it easier for members to manage their finances on the go. Our operating hours are Monday through Friday from 7:30 AM to 4 PM, ensuring that we're available when you need us most. While you can visit us at our Dorchester address for all your banking needs, please direct any official correspondence to the same location. We understand that accessibility is key. That's why we offer ATM availability right here at the branch. However, we currently do not have drive-thru service or shared service centers available. Beyond just banking services, we actively engage in community outreach programs aimed at supporting local initiatives and fostering growth in Dorchester and beyond. We believe in giving back and creating a positive impact where it matters most. As we look towards the future, we invite you to join the Members Plus family. Experience firsthand how our member-focused approach can help you achieve your financial goals. Together, let's build a brighter future! For more information or to become a member today, call us at 617-427-2010 or visit our website.

Branch Location & Accessibility

Easy Access and Parking

At our Dorchester location, you'll find ample parking available, making your visit hassle-free. We ensure that our facility is ADA compliant, offering ramps and other accessibility features so everyone can feel comfortable when they walk through our doors.

Operating Hours That Fit Your Schedule

We know that life can be busy, which is why we offer convenient operating hours from Monday to Friday, 7:30 AM to 4 PM. Whether you're dropping by before work or on your lunch break, we're here to assist you.

Services Tailored for You

Members Plus provides a variety of services designed to meet your needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. For those who prefer banking on the go, our online and mobile banking services allow you to manage your finances anytime, anywhere. While members can visit us at 1165 Massachusetts Ave for all their banking needs, please note that official correspondence should be sent to the same address. If you have any questions or need assistance, don't hesitate to reach out! You can contact us at 617-427-2010.

Visit Us Today!

We invite you to stop by and see how Members Plus can make banking easier for you. Whether you're looking for a loan, opening a new account, or just want to chat about financial options, our friendly staff is here ready to help. Come visit us today!

Member Eligibility

At Members Plus, we believe that becoming a member is like joining a family where your financial well-being is our top priority. If you're looking to become part of our supportive community, you'll be pleased to know that eligibility is quite simple! Generally, anyone who lives, works, worships, or attends school in the area can join us. This means you can enjoy all the benefits we offer, from personalized banking services to competitive loan rates. Plus, our welcoming atmosphere makes it easy to feel right at home. To get started on your membership journey, just visit our eligibility page for more detailed information: http://memberspluscu.org/apply/membership/. Once you're ready to open an account, the process is straightforward and hassle-free check out the details here: https://www.memberspluscu.org/lending/#outline-panel-1. If you have any questions or need assistance, don't hesitate to reach out to us at (617) 427-2010. We're excited to welcome you to Members Plus at 1165 Massachusetts Ave Dorchester Ma 02125!

Business Banking & Commercial Services

Loan Options for 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 Matter

Imagine having the tools to process payments quickly and efficiently while keeping your customer information secure. Our merchant services provide you with the technology you need to run your business smoothly. From credit card processing to payment solutions tailored to your needs, we make it easy for you to focus on what really matters growing your business. Located at 1165 Massachusetts Ave Dorchester Ma 02125 in Dorchester, MA, we're ready to partner with you on your journey to success. For more information or to get started, give us a call at (617) 427-2010.

Comprehensive List Of Services

Credit Cards and Business Banking

For everyday purchases and rewards opportunities, consider our Credit Cards with Rewards. They're perfect for earning points on things you already buy while enjoying additional perks. Our commitment extends beyond personal finance; we also support local businesses through our Business Banking services, including Merchant Services & Business Loans. We know that running a business comes with its own set of challenges, and we're here to provide solutions that help you thrive.

Final Thoughts

Our mission at Members Plus is simple: to empower our members through comprehensive financial solutions delivered with care and integrity. Ready to experience banking like never before? Give us a call at 617-427-2010 or visit us at our Dorchester branch. Let us be part of your financial journey today! For more information about all our services, visit us online at memberspluscu.org.

Online Convenience

In today's fast-paced world, convenience is key. That's why at Members Plus, we offer robust Online & Mobile Banking features that let you manage your accounts anytime and anywhere. Our services include easy access to ATM & cash withdrawal services so you can get cash when you need it without hassle.

Personal Banking Services

Starting with personal banking, we offer Checking & Savings Accounts designed to fit various lifestyles. If you're just beginning your journey into budgeting or saving for a dream vacation, our accounts come with friendly features that make managing your finances easy and accessible. When it comes to financing, our Auto Loans & Vehicle Financing options can help you hit the road in style. We understand that purchasing a vehicle is a significant investment. That's why we provide competitive rates and flexible terms that suit different budgets. If buying a home is on your agenda, look no further than our Mortgage Loans & Refinancing services. We'll guide you through the process step-by-step, ensuring you find the right mortgage solution that aligns with your financial situation. And for those unexpected expenses or planning projects at home, our Personal Loans & Debt Consolidation offerings can help ease financial stress by consolidating payments into one manageable loan.

Digital & Online Banking

Enhanced Features

For those who love the ease of mobile payments, we've got you covered! Our mobile payments feature lets you make purchases directly from your phone no wallet needed. And if you need to send money to friends or family quickly, our person-to-person transfers make it simple and fast. Our commitment to accessibility means that our online banking services are available 24/7. No more waiting for business hours; now you can take control of your finances whenever it suits you best. In a world where security matters more than ever, rest assured that Members Plus prioritizes the safety of your information with advanced security measures in place. Join us today and experience the freedom of easy banking with Members Plus!

Key Services

With our robust online banking platform available at https://www.memberspluscu.org/, you can check balances, transfer funds, and pay bills all from the comfort of your home or on the go. We also offer electronic signature authorization, allowing you to sign documents quickly and securely without needing to print anything out. This feature not only saves time but also adds an extra layer of convenience. Want to stay on top of your finances? Enroll in our e-statements service to receive your account statements electronically. It's eco-friendly and helps you avoid clutter in your mailbox. Plus, with our mobile application, managing your money has never been easier. Whether you're out shopping or relaxing at home, you can keep track of your accounts right from your smartphone.

Financial Strength

A Growing Community

Total Share Accounts stand at 27,852, showing a strong and growing member base that trusts us with their finances. With Net Shares (Funds available for lending and investments): $845,015, we have the resources needed to support you effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Members Plus is your trusted partner. Visit us at 1165 Massachusetts Ave Dorchester Ma 02125 or call (617) 427-2010 to learn more about how we can help you achieve your financial goals.

Investing in Member Services

With $29,018,248 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our robust lending capacity is evident with $951 in used auto loans and $188,277,740 in total loans and leases, supporting your financial goals across various sectors.

Operational Efficiency

Our $-$474,704 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 46 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $64,380,362 in share certificates and $27,119,853 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.

Strong Financial Health

With a net worth of $39,958,930, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.27% 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 $13,951,161 in used vehicle loans and $9,563,599 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates that make it easier for you to drive away in the vehicle of your choice.

Credit Lines

Our total credit lines reach up to $115,947,474, providing members with access to funds when they need them most. This flexibility can be particularly useful for unexpected expenses or planned projects. If you're considering refinancing or want to learn about eligibility options for any of these products, please don't hesitate to reach out. You can contact us at 617-427-2010 for more information or visit our website at memberspluscu.org. 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're here to help you take charge of your financial future!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $29,188,949, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance your current mortgage, our team is here to guide you through every step.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,199,373 in loans helping members manage their finances effectively. These cards come with rewards and benefits that can help you save money while building your credit.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and accuracy, LendMesh is a trusted tool for consumers looking to make informed financial decisions. 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 relying on verified institutions, LendMesh helps eliminate confusion and uncertainty in the loan comparison process. One of the key benefits of using LendMesh is its commitment to providing verified data. All loan offers come from legitimate financial institutions, ensuring that users can trust the information they receive. Additionally, LendMesh prioritizes unbiased results by avoiding sponsored listings lenders are not ranked based on paid promotions. This means that every user sees the same set of options based solely on their needs. Another advantage of LendMesh is its real-time rate comparisons. The platform updates loan rates from multiple institutions regularly, enabling users to make timely and informed choices. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" If you're ready to find the best 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.*

MEMBERS PLUS CREDIT UNION - Dorchester, MA

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