Members First Credit Union Metro Peabody MA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Metro, your trusted credit union located at 240 Andover St, Peabody, MA 01960. Established in 1926, we have proudly served our community for nearly a century, growing alongside our members and adapting to their financial needs. With over 216,000 members and total assets exceeding $3.4 billion, we are committed to providing personalized banking solutions that empower individuals and businesses alike. At Metro, we believe in putting our members first. Our dedicated team of 323 employees, led by CEO Robert Cashman and Board President Mark Smoller, works tirelessly to ensure that you receive the best service possible. We offer a variety of financial products including checking and savings accounts, auto loans, mortgages, personal loans, and business banking services designed to meet the unique demands of our diverse membership. Our branch is not just a place for transactions; it's a hub for community engagement. With total deposits reaching $88 million and an impressive net worth of $283 million, we have the resources to support local initiatives and foster economic growth in Peabody and beyond. Whether you're looking for assistance with a loan or simply want to ask questions about managing your finances, our friendly staff is here to help. While members can visit us at our Peabody location, official correspondence should be sent to our mailing address: 240 Andover St, Ste B, Peabody, MA 01960-1537. You can reach us at 877-696-3876 during our operating hours: Monday through Wednesday from 9 AM to 5 PM, Thursday and Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Join us today at Metro Credit Union where your financial well-being is our priority! Visit our website at metrocu.org or call us for more information on how we can assist you on your financial journey.

Branch History & Mission

A Journey Through Time

From our humble beginnings nearly a century ago, Metro has always focused on the needs of our members. Our founding principles were rooted in community support and accessible banking. As we evolved, we embraced advancements in technology and customer service, ensuring that our members have the tools they need for financial success. Today, our services include personal banking options like checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking solutions. While members can visit us at 240 Andover St Peabody, MA 01960 for all their banking needs, official correspondence should be sent to our mailing address: 240 Andover St, Peabody, MA 01960-1537. We are open Monday through Wednesday from 9:00 AM to 5:00 PM and Thursday through Friday from 9:00 AM to 6:00 PM. On Saturdays, our lobby hours run from 9:00 AM to 1:00 PM. Although we do not offer drive-thru service at this branch, we do provide ATM access for your convenience.

Join Us

If you're looking for a credit union that puts people first and genuinely cares about your financial journey, consider becoming a member of Metro today! Experience firsthand the benefits of joining a community-focused institution dedicated to helping you achieve your goals. For more information or assistance, feel free to call us at 877-696-3876 or visit us online at MetroCU.org. We look forward to welcoming you into the Metro family!

Our Mission

Metro's mission is simple yet powerful: to empower individuals and families by delivering personalized financial services that foster growth and stability. We believe in building lasting relationships based on trust and transparency. This commitment extends beyond just banking; it encompasses active participation in community initiatives that uplift those around us. We are dedicated to making a positive impact through partnerships with local organizations and outreach efforts aimed at enhancing the well-being of Peabody residents. By investing in our community, we strive not only to meet the financial needs of our members but also to help them thrive. As we look toward the future, Metro remains committed to adapting to changing times while preserving the values that have guided us for nearly a century. We continuously seek ways to enhance our digital services while ensuring compliance with ADA standards so that everyone can access their accounts easily.

Branch Location & Accessibility

Banking Services Tailored for You

Whether you're looking for personal banking solutions like checking and savings accounts or need assistance with auto loans and mortgages, our team is here to help. We also offer credit cards with rewards and business banking services tailored for local entrepreneurs. While we do not have drive-thru services at this location, our friendly staff is ready to assist you inside. We invite you to experience a better way of banking at Metro in Peabody! If you have any questions or need assistance before your visit, feel free to give us a call at 877-696-3876. We look forward to seeing you soon!

Convenient Access and Amenities

At Metro, we understand that your time is valuable. That's why we have made sure that our location is both convenient and welcoming. Our branch features accessible parking and ADA-compliant entryways, ensuring that everyone can visit us without hassle. Plus, for those who prefer to bank on-the-go, our ATM service is available right at the branch for easy cash withdrawals and balance checks. While members can visit us at our physical address for all your banking needs, please note that official correspondence should be sent to the same mailing address: 240 Andover St, Peabody, MA 01960-1537.

Friendly Hours to Serve You Better

Our operating hours are designed with you in mind. We welcome you Monday through Wednesday from 9:00 AM to 5:00 PM and extend our hours on Thursday and Friday until 6:00 PM. On Saturdays, we're open from 9:00 AM to 1:00 PM perfect for those busy weekdays!

Member Eligibility

At Metro, we believe that everyone deserves access to quality financial services, and becoming a member is a simple and welcoming process. If you live, work, worship, or attend school in the Peabody area, you are likely eligible to join our community! We pride ourselves on offering personalized banking solutions that fit your needs, from checking accounts to loans and more. For full details about eligibility requirements, please check out our resource at . Joining is easy! You can open your account online or visit us at our branch located at 240 Andover St Peabody Ma 01960. Our friendly team is here to help you every step of the way. If you have any questions or need assistance, don't hesitate to reach out to us at (877) 696-3876. We can't wait to welcome you into the Metro family!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $180 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $7 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $485,540,313, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Operations

Imagine being able to accept payments quickly and securely while focusing on what you do best running your business. Our merchant services offer just that. From credit card processing to online payment solutions, we provide tools that make transactions effortless. This way, you can enhance customer satisfaction and boost sales without getting bogged down by complicated payment systems. Located at 240 Andover St Peabody Ma 01960 in Peabody, MA, our team is ready to partner with you on your journey toward success. Reach out at (877) 696-3876 to explore how we can support your business needs today!

Comprehensive List Of Services

Business Banking Services

For our business members, Metro provides essential banking solutions tailored to support growth and success. Our merchant services streamline payment processing, while our business loans help you secure the necessary funds for expansion or operational needs.

Connect With Us

If you have any questions about our services or would like assistance in choosing the right products for your needs, don't hesitate to reach out! Call us at (877) 696-3876, visit us at 240 Andover St Peabody Ma 01960, or explore more online at Peabody - Andover Street. At Metro, we're here to help you achieve your financial goals with personalized service every step of the way!

Convenient Digital Banking Features

In today's fast-paced world, having access to your finances anytime is crucial. That's why we offer robust online and mobile banking services. You can easily check your balance, transfer funds, and even pay bills from the comfort of your home or on the go. With features like ATM access for cash withdrawals, managing your money has never been more convenient. Whether you need basic ATM access for balance checks or want the ability to send money directly to friends through person-to-person payments, we ensure that your banking experience is smooth and accessible.

Personal Banking Solutions

When it comes to personal banking, Metro offers various options designed to make managing your finances easier. Our checking and savings accounts are perfect for everyday banking needs, allowing you to handle transactions with ease. For those planning to purchase a vehicle, our auto loans and vehicle financing options come with competitive rates and flexible terms. You can also explore our mortgage loans and refinancing services if you're ready to buy a home or refinance your existing mortgage. If you're looking for a way to consolidate debt or fund a personal project, our personal loans can help simplify your finances by combining multiple debts into one manageable payment. Additionally, we offer credit cards with rewards, so you can earn points on your everyday purchases.

Digital & Online Banking

Key Features

We take security seriously. With Electronic Signature Authorization, you can sign documents securely without needing to print anything out. This not only saves paper but also makes the process faster and more efficient for you. For those who prefer a paperless approach, our E-Statements Availability ensures you receive your account statements electronically. This feature helps you stay organized and keeps your sensitive information safe. If you're looking for quick ways to send money, our Person-to-Person Transfers allow you to send money to friends or family with ease no cash needed! Just use our online platform or mobile app, and you're good to go. Speaking of apps, our Mobile Application Availability means you can manage your accounts right from your smartphone. Download the app today to enjoy features like instant notifications and easy access to all your banking needs. While we currently don't support Mobile Payments, we're continually looking to enhance our offerings based on member feedback. In the meantime, rest assured that each transaction you make through our online services is protected with advanced security measures. Experience banking made simple with Metro's digital services. Your finances are in good hands, whether you're checking balances or transferring funds it's all about making banking convenient for you! If you have questions or need assistance, feel free to reach out at (877) 696-3876.

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 356,472, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds 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, Metro is your trusted partner. Visit us at 240 Andover St Peabody Ma 01960 or call (877) 696-3876 to learn more about how we can help you achieve your financial goals.

Investing in Our Members

With $268,761,060 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; we have $27,984 in used auto loans and $2,978,446,625 in total loans and leases, supporting your financial goals across various sectors.

Member-Centric Savings Options

Members' savings are secured through $920,324,417 in share certificates and $669,972,531 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $138,133,000, 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 319 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Capital Foundation

With a net worth of $283,524,463, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $823 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 $467,007,194 in used vehicle loans and $570,956,708 in new vehicle loans already helping members get on the road. We provide financing options that make it easy to drive away in the vehicle you want.

Business Financing

For business owners, our outstanding commercial loans totaling $485,540,313 provide the capital needed to grow and expand. We understand how vital access to funds is for running a successful business and are committed to supporting our local entrepreneurs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $153,333,892, make buying or refinancing simple. We offer competitive rates and terms to help you secure the home of your dreams.

Refinancing Options

If you're considering refinancing any of your existing loans or mortgages, we have various eligibility options available to help you save money or reduce your monthly payments. It's worth exploring how refinancing can benefit you financially. For more information about our loan offerings or to discuss which option might be best for you, feel free to reach out! You can contact us at (877) 696-3876 or visit us at our branch located at 240 Andover St Peabody Ma 01960 in Peabody, MA. We're here to assist you on your financial journey!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $12,193,070 in loans helping members manage their finances effectively. Our credit cards provide benefits that fit your lifestyle, making it easier to handle everyday purchases.

Loan Aggregator

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How LendMesh Ensures Accurate 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 ensures that all offers are fair and transparent. By relying on verified financial institutions, LendMesh provides users with accurate information that reflects current market conditions.

METRO CREDIT UNION - Peabody, MA