Merrimack Valley Credit Union Woburn MA | Top Auto Loans & Business Banking

Introduction

Welcome to Merrimack Valley, your trusted financial partner located at 225 Presidential Way, Woburn, MA 01801. Established in 1955, we have proudly served our community for decades, helping over 116,000 members achieve their financial goals. With total assets exceeding $2.19 billion and total deposits reaching $48,648,750, we are committed to providing reliable and accessible banking solutions tailored to your needs. At Merrimack Valley, we understand that every member is unique. That's why we offer a diverse range of services including personal banking, auto loans, mortgage loans, and business banking solutions. We believe in empowering our members with the tools they need for success, whether it's through our online and mobile banking platforms or personalized service from our dedicated team of 315 employees. Our leadership team is passionate about making a positive impact in the community. Under the guidance of CEO John Howard and Board President Domenic Mazzocco, we strive to foster strong relationships with our members while ensuring sound financial management evidenced by our robust net worth of $220,939,133 and cash in hand totaling $11,476,364. While you can visit us at our branch for all your banking needs, official correspondence should be sent to the same address: 225 Presidential Way, Woburn, MA 01801-1060. If you have any questions or need assistance, don't hesitate to reach out to us at 781-736-9900. Join us at Merrimack Valley where your financial journey is our priority! Visit our website at mvcu.com to learn more or stop by today!

Branch History & Mission

At Merrimack Valley, we have a rich history rooted in community service and commitment. Established in 1955, our branch has grown alongside the vibrant community of Woburn, MA. Over the years, we have evolved from a small credit union into a trusted financial institution, proudly serving over 116,000 members today. Located at 225 Presidential Way, our branch is conveniently situated near local landmarks that connect us with the heart of Woburn. While members can visit us at this address, official correspondence should be sent to our mailing address at 225 Presidential Way, Woburn, MA 01801-1060. Our mission at Merrimack Valley is simple yet powerful: to provide exceptional financial services while uplifting our community. We strive to empower individuals and families by offering a range of products including personal banking, auto loans, mortgage financing, and business banking solutions. Our goal is not just to meet your financial needs but to build lasting relationships based on trust and support. As we adapt to changing times, we embrace digital advancements to make banking more accessible. Our members can enjoy features like online banking, mobile payments, and ATM access for their convenience. We are also proud of our commitment to ADA compliance, ensuring everyone can benefit from our services without barriers. Community outreach is at the core of what we do. We partner with local organizations and participate in initiatives aimed at improving lives within our region. Whether it's providing financial education or supporting local events, we believe in giving back and making a positive impact. We invite you to join Merrimack Valley and experience the benefits of being part of a credit union that truly cares. Come visit us during our operating hours on Tuesdays from 9:00 AM to 2:00 PM, or reach out to us at 781-736-9900 for any inquiries. Together, let's build a brighter financial future!

Branch Location & Accessibility

Get in Touch!

We invite you to explore everything we have to offer at our Merrimack Valley branch. If you have any questions or would like more information about our services, don't hesitate to call us at 781-736-9900. We look forward to welcoming you soon!

Nearby Landmarks and Accessibility

Our branch is situated near well-known landmarks, making it easy to find. If you're in the area visiting local shops or parks, feel free to stop by and see what we have to offer. We pride ourselves on being accessible to everyone, with features like ADA compliance ensuring that all members can comfortably visit our location. Parking is available nearby, so you won't have to worry about finding a spot when you come to see us.

Operating Hours and Services

At Merrimack Valley, we understand that your time is valuable. That's why our lobby hours are designed to accommodate your schedule. We are open every Tuesday from 9:00 am to 2:00 pm. Our dedicated team is ready to assist you during these hours with a variety of services including personal banking options like checking and savings accounts, auto loans, mortgage loans, and more. For those needing cash withdrawals or balance checks, we also have ATM availability right on-site for your convenience.

Member Eligibility

At Merrimack Valley, we believe that joining our community should feel welcoming and inclusive. Becoming a member is open to those who live, work, or worship in the local area, making it easy for you to be part of something special. Whether you're looking for personal banking options or great loan rates, our members enjoy tailored services designed with your needs in mind. For detailed eligibility criteria, feel free to check out our website at http://www.mvcu.com/who-can-join. When you're ready to take the next step, opening an account is simple! Just visit us at https://apply.mvcu.com/apply.aspx?lenderref=mvcu101921 or give us a call at (781) 736-9900. We're excited to welcome you to Merrimack Valley at 225 Presidential Way Woburn Ma 01801, where your financial goals become our priority!

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 $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.

Merchant Services That Work for You

In addition to loans, our merchant services simplify payment processing so you can focus on what matters most running your business. Imagine accepting payments easily from customers while keeping track of sales effortlessly. Our solutions help streamline transactions and enhance customer satisfaction, giving you more time to innovate and grow. Visit us at 225 Presidential Way Woburn Ma 01801, Woburn, MA or call us at (781) 736-9900 to discover how we can partner with you on your path to success!

Comprehensive List Of Services

ATM Access & Cash Withdrawals

To further enhance convenience, we provide ATM services for quick cash withdrawals and balance checks. You can access your funds whenever necessary without hassle. At Merrimack Valley, we are committed to making banking easy and accessible for everyone in Woburn and beyond. If you'd like more information about any of our services or wish to discuss how we can assist you with your financial needs, please don't hesitate to reach out at 781-736-9900 or visit us online at Merrimack Valley Credit Union. We're here to help you achieve financial success!

Business Banking Services

For our business members, we offer essential services like merchant services and business loans. We know how important it is to have reliable banking solutions when running a business, and we're here to support your entrepreneurial journey.

Credit Cards with Rewards

Enjoy the benefits of shopping with our credit cards that offer rewards. Not only do they provide a convenient payment method, but they also allow you to earn points or cash back on your everyday purchases.

Digital Banking Convenience

In today's fast-paced world, having access to your finances at any time is crucial. Our robust online and mobile banking platforms allow you to manage your accounts from anywhere. You can easily check balances, pay bills, transfer funds, and even send money with person-to-person payment options all at your fingertips!

Home Financing Options

For those looking to buy a home or refinance an existing mortgage, our comprehensive mortgage loans can guide you through every step of the process. We offer various loan options to fit different budgets and situations, ensuring that homeownership is within reach.

Personal Banking Solutions

We understand that managing your money is essential for peace of mind. That's why we offer personal banking services including checking and savings accounts designed to help you reach your goals. Whether you're saving for a dream vacation or just need a safe place for your funds, our accounts provide flexibility and convenience.

Personal Loans for Various Needs

Life can throw unexpected expenses your way, and that's where our personal loans come into play. Whether it's for debt consolidation or covering an emergency expense, our personal loans are designed to provide support when you need it most.

Vehicle Financing

If you're considering purchasing a new car, our auto loans and vehicle financing options make it easier than ever. With competitive rates and tailored terms, we help you drive away in the vehicle you desire without breaking the bank. Our streamlined application process ensures you can get behind the wheel quickly.

Digital & Online Banking

In today's fast-paced world, convenience and security are essential when it comes to managing your finances. At Merrimack Valley, we understand the importance of having easy access to your banking needs, which is why we offer a robust suite of digital and online banking services designed with you in mind. With our online banking platform available at https://www.mvcu.com/, you can manage your accounts anytime, anywhere. Whether you're checking your balance, paying bills, or transferring funds, our 24/7 online banking services provide the flexibility you need without compromising on security. You can also enjoy the benefits of e-statements, allowing you to view your financial statements digitally and reduce paper clutter while keeping everything organized. For those who prefer banking on the go, our mobile application makes it easy to handle transactions right from your smartphone. You can make mobile payments seamlessly, ensuring you're always ready for any purchase. Plus, with person-to-person transfers, sending money to friends or family is as simple as a few taps on your screen. Security is a top priority for us at Merrimack Valley. While we currently do not offer electronic signature authorization, we employ advanced security measures to protect your personal information and ensure safe transactions. Our user-friendly interface means that whether you're tech-savvy or new to digital banking, you'll find navigating our services straightforward and intuitive. At Merrimack Valley, we strive to provide accessible and efficient banking solutions that fit into your lifestyle. We invite you to experience the ease of managing your finances digitally because banking should be as convenient as possible!

Financial Strength

Dedicated Team Ready to Assist

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. You can count on us for personalized support whenever you need it.

Growing Member Base

Total Share and Deposit Accounts stand at 232,148, showing a strong and growing member base that trusts us with their finances. This trust is vital as it reinforces our ability to provide the best possible service while ensuring your assets remain secure. 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 225 Presidential Way Woburn Ma 01801 or call (781) 736-9900 to learn more about how we can help you achieve your financial goals.

Member-Centric 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.

Reinvestment for 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. This commitment allows us to offer effective financial solutions tailored to your needs.

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.

Supporting Your Financial Goals

Our lending capacity is robust; with $13,146 in used auto loans and $1,583,810,130 in total loans and leases, we support members' financial goals across various sectors. While our current net income stands at $0, it reflects our operational efficiency as we strive to enhance our services continuously.

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 provide financing options for both new and used vehicles, ensuring you can find a loan that fits your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $114,934,233 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges and opportunities; our loan products are designed to help you navigate these effectively.

Eligibility and Refinancing Options

If you're interested in any of our loan offerings but aren't sure where to start or whether you're eligible, visit our website for more information on eligibility requirements. We also have refinancing options available across many of our loan products helping you save money or adjust terms as needed. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. For more details or to discuss which loan product is right for you, don't hesitate to reach out! You can contact us at 781-736-9900 or visit us at our branch located at 225 Presidential Way, Woburn MA 01801. We're here to help make your financial journey smoother.

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 offer various mortgage products to fit different needs and budgets whether you're purchasing your first home or refinancing an existing mortgage.

Unsecured Credit Card Loans

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 cards come with rewards and benefits that can enhance your spending power while keeping your finances under control.

Loan Aggregator

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Ensuring Accurate Comparisons

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