Members Source Credit Union Merrillville IN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Members Source, your trusted credit union located at 8580 Virginia St, Merrillville, IN 46410. Since our establishment in 1935, we have been dedicated to serving our community and ensuring that our members have access to the financial resources they need. With a current membership of 6,187 individuals, we pride ourselves on being more than just a financial institution; we are a vital part of the Merrillville community. At Members Source, we manage total assets of $92,418,051, with total deposits reaching $3,209,780. Our commitment to our members is reflected in our comprehensive suite of services including personal banking, auto loans, mortgage loans, and business banking options. We understand that each member has unique needs and aspirations, and our team is here to help you achieve your financial goals. Under the leadership of CEO James Falls and Board President Jeffrey Perz, we strive to maintain a high standard of excellence. Our dedicated staff of 21 employees is always ready to assist you whether you're visiting us in person or utilizing our online services at ms-cu.com. While members can visit us at our branch location, official correspondence should be sent to the same address: 8580 Virginia St, Merrillville, IN 46410. We're proud to offer convenient hours from 8:30 AM to 5:00 PM on weekdays and 9:00 AM to 12:00 PM on Saturdays. Your trust is important to us. We invite you to explore how Members Source can help you secure your financial future. Whether you're looking for a new loan or need assistance with your accounts, feel free to call us at 219-756-4141 or visit us today!

Branch History & Mission

Commitment to Innovation and Community

As part of our commitment to member service, we have embraced modern banking technologies. We offer online banking, mobile payments, and e-statements to ensure that managing finances is as convenient as possible. Additionally, we remain ADA compliant and have made efforts to enhance accessibility for all members. Our involvement in community outreach is equally important. We actively seek partnerships with local organizations to support various initiatives aimed at uplifting those around us. It's about being there for each other supporting not just financial goals but also community wellness.

Connect With Us

While you can visit us at our branch location on Virginia St, any official correspondence should be directed to the same address: 8580 Virginia St, Merrillville, IN 46410. We invite you to reach out by phone at 219-756-4141 or check out our website at ms-cu.com for more information about membership benefits and services. We welcome you to join the Members Source family today and discover how we can help you achieve your financial dreams! Together, let's build a brighter future for everyone in Merrillville and beyond.

Mission Statement

At Members Source, our mission goes beyond just numbers and transactions. We strive to empower our members through education and support while providing high-quality financial products tailored to their lives. Whether it's helping families secure their first home or assisting local businesses with loans, we are dedicated to making a positive impact on the communities we serve.

Our Legacy

Located at 8580 Virginia St, near local landmarks that many in the community recognize, our branch is more than just a financial hub; it's a place where relationships are built and nurtured. As we celebrate our rich history, we take pride in how we've evolved alongside our members' needs. From humble beginnings, we've expanded our services to include personal banking, auto loans, mortgages, business banking, and much more.

Branch Location & Accessibility

Accessibility and Parking

At Members Source, we prioritize accessibility for all our members. Our branch is fully ADA-compliant with ramps and designated parking spaces for those who need them. You'll find ample parking available right outside our doors, ensuring a hassle-free visit.

Contact Us

Have questions or need assistance? Don't hesitate to reach out! You can give us a call at 219-756-4141. While you can visit us at our main location on Virginia St, any official correspondence should be sent to the same address for consistency. We invite you to stop by and experience the welcoming atmosphere of Members Source. Your financial journey starts here!

Operating Hours

We understand that life can get busy, which is why we offer flexible operating hours. Our lobby is open Monday through Friday from 8:30 AM to 5:00 PM and on Saturdays from 9:00 AM to 12:00 PM. This allows you to manage your banking needs at a time that works best for you.

Services Offered

Members Source provides a variety of services designed to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we're here to help you achieve your financial goals. We also have a drive-thru service for quick deposits and withdrawals, as well as ATM access for cash withdrawals and balance checks.

Member Eligibility

Becoming a member of Members Source is like joining a family that truly cares about your financial well-being. If you're looking to unlock a world of personalized banking services, we welcome you with open arms! To be eligible for membership, you simply need to live, work, worship, or attend school in the communities we serve. It's that easy! You can find the specific eligibility details by visiting our website at . Once you're ready to become part of our community, opening an account is just a few clicks away. You can start the process online through this link: https://loans.itsme247.com/291/home/start . If you have any questions or need assistance, feel free to give us a call at (219) 756-4141. We're here to help you every step of the way as you take this exciting step toward better financial opportunities at Members Source, located at 8580 Virginia St Merrillville In 46410. Welcome aboard!

Business Banking & Commercial Services

Commercial Loans That Drive Success

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $36 in non-member commercial loans, providing flexible financing solutions. Imagine having access to the funds you need for equipment upgrades, inventory purchases, or even new hires. Our loans help turn those plans into reality, enabling you to focus on what you do best running your business.

Merchant Services That Simplify Transactions

In today's fast-paced world, efficient payment solutions can set you apart from the competition. With our merchant services, processing payments becomes straightforward and reliable. Whether it's credit card transactions at your storefront or online sales, we provide secure options that enhance customer experiences while streamlining your operations. Let Members Source be your partner in success. Visit us at 8580 Virginia St Merrillville In 46410, Merrillville, IN, or call us at (219) 756-4141 to learn more about how we can help your business thrive!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash? Our ATM and cash withdrawal services are always available for when you need it most. Plus, our drive-thru banking makes it easy to handle deposits and withdrawals without leaving your car perfect for busy days when time is tight.

Business Banking

For entrepreneurs and business owners, Members Source offers tailored business banking solutions. From merchant services that streamline transactions to business loans that fuel growth, we're here to support your ambitions every step of the way.

Credit Solutions

If you're looking for flexibility in your finances, our personal loans and debt consolidation services can help simplify your payments. We also offer credit cards with rewards programs that allow you to earn while you spend perfect for those who want to maximize their purchasing power.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking options. Whether you're making deposits from home or checking your balance on-the-go, our digital banking features are designed for ease and accessibility. You can even use person-to-person payment services to send money quickly and securely.

Home Financing

Thinking about buying a home? Our mortgage loans and refinancing options can make that dream a reality. We provide guidance through every step of the process, ensuring that your experience is smooth and stress-free. With our knowledgeable staff ready to assist you, you'll find the right loan solution for your unique situation.

Personal Banking

Our personal banking services are designed with you in mind. Open a checking or savings account with us and enjoy features that help you manage your money effectively. If you're in the market for a new vehicle, consider our auto loans and vehicle financing options. We understand how important reliable transportation is, so we offer competitive rates to help you get behind the wheel without breaking the bank.

Shared Branch Transactions

We also offer basic shared branch transactions, allowing members from partner credit unions to perform essential banking tasks like deposits and withdrawals right at our location. At Members Source, we believe in building lasting relationships with our members through personalized service and comprehensive financial solutions. We invite you to visit us at 8580 Virginia St Merrillville In 46410, call us at (219) 756-4141, or explore more about what we offer by visiting our website at https://ms-cu.com/ . Let's work together towards achieving your financial goals!

Digital & Online Banking

Key Features

Stay organized with e-statements available for all members. You'll receive an electronic version of your statements that you can access securely online. This not only helps reduce paper clutter but also makes it easier to keep track of your financial history. Need to send money to a friend? Our person-to-person transfer feature lets you do just that in moments. It's quick and hassle-free, making splitting bills or sending gifts easier than ever. And if you're someone who loves using mobile payments, we've got you covered there too! Enjoy the convenience of paying directly from your phone without fumbling through cash or cards. At Members Source, we prioritize your security. Our online banking platform is equipped with advanced security measures to keep your personal information safe while providing you with real-time account management capabilities. Experience the future of banking today by exploring our digital services at https://ms-cu.com/ . With Members Source, managing your money has never been simpler or more secure!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 11,246, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $56,348. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Members Source is your trusted partner. Visit us at 8580 Virginia St Merrillville In 46410 or call (219) 756-4141 to learn more about how we can help you achieve your financial goals.

Investment in Your Future

With $11,182,027 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 your financial goals with $671 in used auto loans and $49,771,664 in total loans and leases.

Member-Focused Savings

Members' savings are secured through $16,781,104 in share certificates and $9,105,376 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.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $284,519, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 19 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $11,713,178, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,267 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

A Wide Array of Loan Products

With over 2806 loans issued, we've helped thousands of members achieve their financial goals. Our offerings include: Auto Loans: Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $10,682,793 in used vehicle loans and $4,772,458 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates that can fit any budget. Mortgage Loans: Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,965,816, make buying or refinancing simple. We aim to streamline the process so you can focus on settling into your new home. Unsecured Credit Cards: We also offer flexible terms on unsecured credit card loans, with a total of $1,800,954 in loans helping members manage their finances effectively. These cards come with benefits that can help you build your credit while enjoying rewards. Credit Lines: Need some extra flexibility? Our credit lines total $13,772,484, offering you access to funds when unexpected expenses arise.

Get Started Today

If you're ready to take the next step in achieving your financial dreams or if you have questions about our products, don't hesitate to reach out! You can contact us at 219-756-4141 or visit us at our branch located at 8580 Virginia St, Merrillville, IN 46410. 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 Members Source be your partner in financial success!

Refinancing and Eligibility Options

We understand that life changes and so do financial needs. If you're considering refinancing any of your current loans or want to explore eligibility options for our products, we're here to help. Our team will guide you through the process and find solutions tailored specifically for you.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in what you see. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results so you can make decisions based solely on what's best for you. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions without unnecessary delays. 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!" Testimonials like this highlight how effective and user-friendly LendMesh can be. 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.

Ensuring 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 commitment to quality means that every loan offer is fair and transparent, allowing users to compare options confidently.

MEMBERS SOURCE CREDIT UNION