Merrimack Valley Credit Union Hanover MA | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Merrimack Valley in Hanover, where we've been dedicated to serving our community since 1955. Nestled at 1095 Washington St, Hanover, MA 02339, we pride ourselves on being more than just a financial institution; we're your trusted partner in building a brighter financial future. With a robust membership of 114,881, we offer a personal touch that larger banks often overlook. Our total assets of $2,235,232,675 speak volumes about our stability and commitment to helping you achieve your financial goals. Whether you're looking for auto loans, mortgages, or everyday banking services, our team is here to guide you every step of the way. Led by our experienced CEO, John Howard, and Board President, Domenic Mazzocco, we have built a strong foundation based on trust and community engagement. As part of our mission to support local families and businesses, we currently hold over $98,960,668 in deposits and maintain a net worth of $224,051,444. This ensures that your money is safe with us while allowing us to continue offering competitive rates and personalized service. While members can visit us at our branch location for all their banking needs like checking and savings accounts or personal loans official correspondence should be sent to the same address: 1095 Washington St, Hanover, MA 02339-1618. At Merrimack Valley, we are committed to making banking accessible and convenient. With features like online banking and mobile payments available for all members, managing your finances has never been easier. Our friendly staff is ready to assist you during our operating hours: Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 1:00 PM. Ready to experience the difference? Call us today at 800-356-0067 or visit our website at www.mvcu.com to learn more about how we can help you thrive financially!

Branch History & Mission

At Merrimack Valley, we take pride in our rich history and unwavering commitment to our community. Founded in 1955, our branch in Hanover, MA has grown from a small local financial institution into a trusted partner for over 114,000 members. Our address at 1095 Washington St places us right in the heart of Hanover, making it convenient for members to access our services. From our humble beginnings, we have continually evolved to meet the changing needs of our community. With total assets reaching an impressive $2,235,232,675, we are well-equipped to provide a wide range of financial services. Our mission is clear: to empower our members with accessible financial solutions while fostering community growth and support. We believe that everyone deserves the opportunity for financial success and stability. Merrimack Valley is not just about numbers; it's about people. We prioritize customer service and community engagement. Our operating hours Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 1:00 PM are designed to accommodate your busy schedule. Whether you need assistance with personal banking, auto loans, or business services, our dedicated team is here to help. In addition to traditional banking services, we offer modern conveniences like online banking and mobile payments. Members can enjoy the ease of accessing their accounts anytime and anywhere. Plus, with ATM availability and drive-thru banking options, managing your finances has never been easier. Our commitment goes beyond providing excellent financial services; we actively engage in community outreach initiatives. We partner with local organizations to support various causes that matter most to our members. This dedication reflects our core belief that strong communities foster strong relationships. While you can visit us at 1095 Washington St for all your banking needs, official correspondence should be sent to our mailing address at 1095 Washington St, Hanover, MA 02339-1618. Join us at Merrimack Valley and experience firsthand the benefits of being part of a credit union that truly cares about its members and the community. Whether you're looking for a checking account or need assistance with loans or credit cards with rewards, we're here for you every step of the way. Call us today at 800-356-0067 or visit our website at www.mvcu.com to learn more!

Branch Location & Accessibility

Convenient Access and Nearby Landmarks

Our location is close to several local landmarks, making it easy to visit us during your day. Just a short drive from the Hanover Mall and nearby restaurants, we are perfectly situated for both regular banking errands and quick visits. With ample parking available right outside our doors, you can park with ease and head inside without hassle.

Operating Hours Tailored for You

We understand that everyone has busy schedules. That's why we're open Monday through Friday from 8:30 AM to 5:00 PM and Saturdays from 8:30 AM to 1:00 PM. These hours allow you the flexibility to manage your banking needs at a time that suits you best.

Services Designed for Your Needs

At Merrimack Valley, we offer a range of services tailored just for you! From checking and savings accounts to auto loans and mortgage refinancing, our team is ready to assist you with personalized solutions. Plus, enjoy the convenience of ATM access and basic drive-thru banking for quick transactions like deposits and withdrawals. Ready to experience the difference? We invite you to stop by our Hanover branch or give us a call at 800-356-0067. Let's work together towards achieving your financial goals!

Welcoming Environment and Accessibility Features

At Merrimack Valley, we pride ourselves on creating a welcoming environment for everyone. Our branch is ADA compliant with ramps and accessible entrances to ensure that all members can visit comfortably. Whether you're coming in for personal banking services or utilizing our drive-thru option, we've designed our space with your convenience in mind.

Member Eligibility

Becoming a member of Merrimack Valley is like joining a warm and welcoming family that truly cares about your financial well-being. If you live, work, or worship in the area or have a family member who is already a member, you're likely eligible to join us! We believe in making banking personal and accessible, so whether you're looking for checking accounts, loans, or just friendly advice, we're here for you. For more specific details on eligibility requirements, feel free to check out our website at http://www.mvcu.com/who-can-join . Opening an account with us is straightforward and designed with you in mind. Simply visit us at our branch located at 1095 Washington St Hanover Ma 02339, give us a call at (800) 356-0067, or explore our online application process through this link: https://apply.mvcu.com/apply.aspx?lenderref=mvcu101921 . We can't wait to welcome you into the Merrimack Valley community!

Business Banking & Commercial Services

Merchant Services Made Easy

Imagine having a reliable partner that simplifies payment processing so you can focus on what you do best running your business. Our merchant services offer easy payment solutions, enabling you to accept various payment methods seamlessly. This means happier customers and smoother transactions, whether you're at a bustling storefront or offering services remotely. If you're ready to take your business to the next level, visit us at 1095 Washington St Hanover Ma 02339 in Hanover, MA, or give us a call at (800) 356-0067. Let's work together to build your success!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $176 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $54 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $118,736,590, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

A Welcoming Community Resource

At Merrimack Valley, we also participate in Basic Shared Branch Transactions for partner credit union members, allowing greater flexibility in accessing your funds across different locations. Our team is here for you during our operating hours: Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 1:00 PM. If you have questions or need assistance, don't hesitate to give us a call at 800-356-0067. Explore all the ways we can assist you by visiting us today at our Hanover branch or check out our website at www.mvcu.com. Your financial journey is important to us let's make it a successful one together!

Business Solutions That Work

If you're a business owner, our comprehensive Business Banking services include both Merchant Services and Business Loans. We know how essential it is to keep your operations running smoothly while having access to necessary funding. Let us partner with you to help your business thrive.

Convenient Digital Banking Features

In addition to traditional services, we pride ourselves on our robust Online & Mobile Banking features. Manage your accounts anytime and anywhere with ease! This means quick access to checking balances, transferring funds, and even making payments all at your fingertips. Need cash? Our branch provides ATM & Cash Withdrawal Services, ensuring you're never too far from accessing your money. Plus, enjoy the convenience of basic drive-thru banking for deposits and withdrawals without leaving your car.

Personal Banking Made Simple

Starting with personal banking, we offer various Checking & Savings Accounts designed to fit any lifestyle. Imagine opening an account that not only helps you manage your day-to-day expenses but also allows you to save for future goals. With competitive rates and user-friendly online access, monitoring your funds has never been easier. When it comes to financing your next vehicle, look no further than our Auto Loans & Vehicle Financing options. Whether you're buying new or used, we provide flexible terms that can help make your dream car a reality. For those considering home ownership or refinancing their current mortgage, our Mortgage Loans & Refinancing services are here to guide you through the process. Picture yourself settling into a new home with the peace of mind that comes from knowing you secured the best possible rate.

Support for Your Financial Needs

In today's fast-paced world, sometimes life throws unexpected expenses your way. Our Personal Loans & Debt Consolidation options are designed to assist you in managing those financial bumps smoothly. We understand how overwhelming debt can be; that's why we're here to help simplify the process. We also offer Credit Cards with Rewards that let you earn while you spend making everyday purchases more rewarding. From groceries to gas, every swipe brings you closer to exciting rewards.

Digital & Online Banking

Key Services

Our online banking platform, which you can explore at https://www.mvcu.com/ , is user-friendly and packed with features that make banking convenient. Check your account balances, view transaction history, and transfer money between accounts without leaving the comfort of your home. Plus, with our mobile application, you can manage your finances on the go. It's like having a bank branch right in your pocket! You'll also appreciate the ability to send money easily with our person-to-person transfer feature. Whether you're splitting a dinner bill or paying back a friend, this service makes transactions quick and straightforward. And for those who prefer going paperless, we offer e-statements to keep your documents organized and accessible whenever you need them.

Security and Convenience

Security is our top priority. While we currently do not provide electronic signature authorization for certain services, rest assured that our online banking system employs the latest security measures to protect your personal information. You can bank confidently knowing that we're committed to keeping your data safe. With mobile payments available at Merrimack Valley, you can pay bills or make purchases securely using just your smartphone. This feature allows you to enjoy greater flexibility while shopping or dining out. In today's fast-paced world, having access to reliable digital banking services makes all the difference. At Merrimack Valley, we are dedicated to providing tools that enhance accessibility and ease-of-use for all our members. Join us today and experience how effortless managing your finances can be!

Financial Strength

A Growing Community

With a total of 230,436 share accounts, we're proud of our strong and growing member base that trusts us with their finances. Our commitment to serving you is backed by the resources available for lending and investments: $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Merrimack Valley is your trusted partner. Visit us at 1095 Washington St Hanover Ma 02339 or call (800) 356-0067 to learn more about how we can help you achieve your financial 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.

Commitment to Growth and Innovation

With $100,044,840 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 $13,168 in used auto loans and $1,620,372,859 in total loans and leases.

Member-Centric Savings Options

Members' savings are secured through $484,130,832 in share certificates and $87,396,425 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,003,754, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 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 312 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $224,051,444, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,002 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 $174,207,699 in used vehicle loans and $53,493,925 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, our financing options can make it easier for you to hit the road without breaking the bank.

Business Loans

For business owners, our outstanding commercial loans totaling $118,736,590 provide the capital needed to grow and expand your operations. We understand the challenges businesses face and are committed to offering solutions that work for you. At Merrimack Valley Credit Union, we believe in empowering our members with financial tools that suit their needs. For more information about our loan offerings or to find out about eligibility requirements and refinancing options available to you, please visit us online at Merrimack Valley or contact us directly. 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 navigate your financial journey today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $174,072,400, make buying or refinancing simple. We provide flexible terms and competitive rates tailored to your unique financial situation. If you're considering refinancing your existing mortgage, we can guide you through that process as well.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $18,650,189 in loans helping members manage their finances effectively. These credit cards come with various benefits designed to fit your lifestyle while giving you access to funds when you need them most.

Loan Aggregator

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MERRIMACK VALLEY CREDIT UNION