Merrimack Valley Credit Union Lawrence MA

Introduction

Welcome to Merrimack Valley, where we've been committed to serving our community since 1955. Located at 500 Merrimack St, Lawrence, MA 01843, our branch is more than just a financial institution; it's a trusted partner in your journey towards achieving your financial goals. With a proud membership of 116,084 and total assets exceeding $2.19 billion, we are dedicated to providing personalized service that meets the unique needs of each member. Under the leadership of CEO John Howard and Board President Domenic Mazzocco, our team of 315 employees works tirelessly to foster a welcoming environment for everyone who walks through our doors. Whether you're looking for loans, savings options, or financial advice, you can count on us to guide you with expertise and care. While members can visit us at 500 Merrimack St, official correspondence should be sent to the same address for your convenience. Our branch proudly holds the credit union number 68693, reflecting our commitment to transparency and trustworthiness in all our operations. At Merrimack Valley, we understand that financial decisions impact lives yours included. That's why we offer a variety of services designed to support your aspirations, from auto loans (with over 38,650 loans funded) to savings accounts with total deposits amounting to $48,648,750. With a net worth of $220,939,133 and cash in hand totaling $11,476,364, our solid foundation ensures that we're here for you today and tomorrow. We invite you to explore what makes us unique by visiting our website at www.mvcu.com, or feel free to reach out directly at 978-975-4095. Join us as we continue to make a positive impact in Lawrence and beyond because at Merrimack Valley, you're not just a member; you're family.

Branch History & Mission

Merrimack Valley Credit Union has a proud history that began in 1955, right here in Lawrence, MA. Over the years, we have grown and evolved into a vital financial institution dedicated to serving our community. With a total membership of over 116,000 and assets exceeding $2.19 billion, we are more than just a credit union; we are a cornerstone of the community. Our branch is located at 500 Merrimack St, Lawrence, MA 01843, a site that has witnessed countless stories of financial growth and community support. Members can easily find us near popular local landmarks, making it convenient for them to access our services. While members can visit us at this address for all their banking needs, official correspondence should be sent to the same location at our mailing address: 500 Merrimack St, Lawrence, MA 1843. At Merrimack Valley Credit Union, our mission is clear: to empower our members through accessible financial services while actively supporting the communities we serve. We aim to provide personalized solutions that meet individual needs, from loans and savings accounts to digital banking options. Our commitment extends beyond banking; we believe in giving back to the community through various outreach programs and partnerships that uplift those around us. We take pride in our customer-centric approach and strive to stay ahead of the curve with advancements in technology. Our services include online banking and mobile payments, ensuring that our members can manage their finances conveniently and securely. We also adhere to ADA compliance standards to ensure that everyone can access our services without barriers. Merrimack Valley Credit Union fosters a culture of inclusivity and support. We are not just here for transactions; we want every member to feel valued and understood. Our team is dedicated to providing exceptional service with friendly faces ready to assist you during our operating hours from 8:30 AM to 5:00 PM on weekdays. As we continue this journey together, we invite you to join us at Merrimack Valley Credit Union. Experience firsthand how we can help you achieve your financial goals while making a positive impact in our shared community. Whether you're looking for loans or savings options, we're here for you every step of the way. Visit us today or check out our website for more information!

Branch Location & Accessibility

Welcome to Merrimack Valley, your trusted credit union conveniently located at 500 Merrimack St in Lawrence, MA. We're proud to serve the community in Essex County and make banking as easy as possible for our members. Whether you are stopping by for a quick transaction or need assistance with a financial decision, our branch is here to help. Our location is easily accessible, with ample parking available right outside the building. For those who may require additional support, we have features that comply with ADA standards, ensuring that everyone can enjoy a comfortable banking experience. If you're unfamiliar with the area, you'll find us just a short drive from the vibrant downtown Lawrence. With nearby landmarks like the Lawrence Heritage State Park and the Merrimack River, it's easy to fit your banking needs into your daily activities. At Merrimack Valley, we are open Monday through Friday from 8:30 AM to 5:00 PM, making it convenient for you to visit during your busy week. While we currently do not offer ATM services or drive-thru banking, our friendly team is always ready to assist you inside the branch. For any official correspondence, please note that while members can visit us at our branch address, mail should be directed to 500 Merrimack St, Lawrence, MA 01843. Have questions or need more information? Don't hesitate to give us a call at 978-975-4095. We look forward to welcoming you soon!

Member Eligibility

At Merrimack Valley, we believe that joining our community is more than just opening an account; it's about becoming part of a supportive family that cares about your financial well-being. To become a member, you'll need to meet some simple eligibility criteria. If you live or work in certain areas, are affiliated with specific organizations, or have family members who are already members, you're likely eligible! We want everyone to feel welcome and included, so don't hesitate to reach out if you have questions about your specific situation. You can find the full details on eligibility by visiting this link. Once you're ready to take the next step, opening an account is a breeze! Just head over to our account opening page here, and you'll be guided through the process. If you prefer to speak with someone directly, give us a call at (978) 975-4095. We're here to help you every step of the way as you join the Merrimack Valley community at 500 Merrimack St, Lawrence, MA 01843!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to loans, we offer comprehensive merchant services designed to streamline your operations. Picture this: a local café using our payment processing solutions allows customers to pay quickly and easily, enhancing their experience while keeping your cash flow steady. This is just one example of how our services can transform everyday transactions into opportunities for growth. Whether you're looking to expand, invest in new equipment, or simply manage daily expenses more efficiently, Merrimack Valley is here for you every step of the way. Located at 500 Merrimack St Lawrence Ma 01843, Lawrence, MA, we invite you to explore how we can support your business ambitions today! For more information, call us at (978) 975-4095 or visit our website at https://www.mvcu.com/.

Our Commitment to Businesses

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $197 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $50 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $114,934,233, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Community-Centric Approach

At Merrimack Valley, we understand that our members come from various backgrounds and have different financial needs. Whether you're saving for a new car, planning for a home purchase, or managing everyday expenses, we're here to support you. We believe in building relationships within our community and providing educational resources to help you make informed financial decisions.

Convenient Digital Banking Features

In today's busy world, convenience is key. That's why we focus on digital banking features that make accessing your accounts simple and straightforward. With options like online banking and a user-friendly mobile application, you can monitor your accounts, transfer funds, and even pay bills from the comfort of your home or on the go. Plus, our mobile payments feature allows you to make transactions quickly and securely with just a few taps on your smartphone.

Join Us Today!

Discover how Merrimack Valley can help simplify your financial life. Visit us online at www.mvcu.com for more information about becoming a member and accessing all our offerings. We look forward to welcoming you into our community!

Personalized Financial Solutions

Whether you are looking to manage your day-to-day finances or planning for future goals, we offer tailored solutions just for you. Our primary service includes ATM Services Only, making it easy for you to access your funds anytime you need them. Imagine being able to withdraw cash or check your balance at an ATM conveniently located near you, allowing you more freedom in managing your finances.

Ready to Assist You

If you have any questions about our services or need assistance with anything related to your accounts, don't hesitate to reach out. Call us at 978-975-4095 during our lobby hours from 8:30 AM to 5:00 PM on weekdays. Our friendly team is always ready to assist you with any inquiries.

Digital & Online Banking

Convenient Online Banking

Our online banking services are available 24/7, allowing you to check balances, transfer funds, and pay bills at your convenience. Simply visit https://www.mvcu.com/ to get started. Whether you're at home or on the go, our user-friendly interface makes managing your money simple and straightforward.

Mobile Features for On-the-Go Management

With the Merrimack Valley mobile application, you can take your banking with you wherever you go. Our app allows for mobile payments, making it easier than ever to make purchases or send money directly to friends through person-to-person transfers. Plus, if you prefer paperless statements, we offer e-statements that keep your financial information organized and accessible right from your device.

Security You Can Trust

We prioritize your security while providing these convenient services. While we currently do not offer electronic signature authorization, rest assured that all transactions made through our online and mobile banking platforms are protected with robust security measures. Your peace of mind is our priority. At Merrimack Valley, we strive to enhance your banking experience by offering tools that help you manage your finances effectively. Join us today and discover how our digital banking solutions can simplify your life!

Financial Strength

Commitment to Growth

With $96,932,529 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 $13,146 in used auto loans and $1,583,810,130 in total loans and leases.

Member Trust

Total Share and Deposit Accounts stand at 232,148, showing a strong and growing member base that trusts us with their finances. This reflects not only our reliability but also our commitment to serving you effectively. 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 500 Merrimack St Lawrence Ma 01843 or call (978) 975-4095 to learn more about how we can help you achieve your financial goals.

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 305 full-time employees and 10 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 $464,195,979 in share certificates and $92,221,442 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,843,093, 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 $220,939,133, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,009 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 $176,952,805 in used vehicle loans and $44,409,050 in new vehicle loans already helping members get on the road. We make it easy for you to finance your next vehicle with straightforward application processes and quick approvals.

Business Financing

For business owners, our outstanding commercial loans totaling $114,934,233 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are dedicated to providing tailored solutions that help you thrive. If you're considering refinancing any of these loans or exploring eligibility options, we're here to assist you. Our team will work closely with you to find the best solutions based on your specific financial situation. For more information on how we can help you achieve your goals or to speak with one of our representatives about our loan offerings at Merrimack Valley located at 500 Merrimack St Lawrence Ma 01843, feel free to call us at 978-975-4095. 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 committed to transparency and ensuring our members have access to all necessary information as they make important financial decisions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $170,913,579, make buying or refinancing simple. We are here to guide you through every step of the process, ensuring that you find the right loan for your needs.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $17,082,682 in loans helping members manage their finances effectively. Our credit card options come with competitive rates and no hidden fees.

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 stands out as a reliable tool for those seeking the best loan options. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This approach is based on the latest results from trusted sources (Source: https://www.ncua.gov), which guarantees fair and transparent offers to users. One of the key benefits of using LendMesh is its commitment to providing verified data. All loan offers are sourced from legitimate financial institutions, ensuring that users receive clear and honest information about their options. Additionally, LendMesh operates without sponsored listings; lenders are not prioritized based on paid promotions. Instead, the platform focuses on delivering unbiased results tailored to individual needs. With real-time rate comparisons, LendMesh provides up-to-date loan rates from multiple institutions, allowing users to make informed decisions quickly. 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!" This feedback highlights how effective and user-friendly the platform can be. 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.