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

Introduction

Welcome to Metro Credit Union, your trusted financial partner in the heart of Salem, MA. Located at 4 Paradise Rd, Salem, MA 01970, we have been serving our community since 1926 and are proud to be a key player in the local economy. With over 216,000 members and a strong commitment to helping individuals and businesses alike, Metro stands out with a total asset base of $3,443,279,071. At Metro, we believe that everyone deserves access to affordable financial services. That's why we offer a wide range of products from personal banking accounts to auto loans and business financing solutions. Our dedicated team is here to ensure you receive the best service possible while navigating your financial journey. Under the leadership of CEO Robert Cashman and Board President Mark Smoller, we aim to create a welcoming environment where you can achieve your financial goals. While members can visit us at 4 Paradise Rd, official correspondence should be sent to the same address. With total deposits amounting to $88,435,184 and cash in hand totaling $8,468,026, we are financially equipped to serve you better. Our net worth stands strong at $283,524,463, showcasing our stability and reliability as your credit union of choice. We invite you to explore all that we have to offer whether you're looking for checking accounts with great benefits or competitive loan options. Feel free to reach out by phone at 877-696-3876 or visit our website at Metro Credit Union for more information on how we can help you today!

Branch History & Mission

A Legacy of Service

Metro Credit Union was founded with a simple yet profound mission: to provide accessible financial services that empower individuals and strengthen communities. We believe in supporting our members not just through traditional banking but by offering personalized solutions that meet their unique needs. With total assets exceeding $3.44 billion, we have the resources to offer competitive rates on loans and savings accounts while maintaining a focus on customer service. Throughout our journey, we have embraced innovation to enhance the member experience. From introducing online banking and mobile applications to ensuring ADA compliance across our services, we are dedicated to making banking easier for everyone. Our commitment to technology does not overshadow our personal touch; rather, it complements our goal of creating lasting relationships with our members.

Join Us Today!

As we celebrate nearly a century of service in Salem and beyond, we invite you to become part of our family at Metro Credit Union. Experience firsthand how we can support your financial journey while fostering growth within our community. Whether you're looking for checking accounts or financing options for your next vehicle, we're here for you every step of the way. Come visit us 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 and discover what makes us special!

Our Mission

At Metro Credit Union, our mission goes beyond just providing financial services; it encompasses building a supportive community. We strive to offer products like auto loans, mortgage financing, and credit cards with rewards that cater to the diverse needs of our members. Additionally, we actively participate in community outreach programs and partnerships that help uplift those around us. As we look forward to the future, we continue to stay grounded in our core values: integrity, respect, and dedication to service. We understand that every member's story is unique, which drives us to provide tailored solutions that help them achieve their financial goals. While you can visit us at 4 Paradise Rd, official correspondence should be sent to 4 Paradise Rd, Salem, MA 01970-4230 if different from our branch address. If you need assistance or have questions about your account or services, feel free to reach out at 877-696-3876.

Branch Location & Accessibility

Contact Us!

If you have questions or need assistance before visiting, feel free to give us a call at 877-696-3876. Our dedicated team is ready to help you with all your banking needs. We look forward to welcoming you at Metro Credit Union in Salem!

Nearby Landmarks and Accessibility

You can find us close to popular local spots, including the beautiful Salem Common and the historic Peabody Essex Museum. This prime location means that stopping by is simple and convenient during your day. We ensure that our facilities are accessible for everyone, featuring ADA-compliant entrances and ample parking so you can visit without any hassle.

Operating Hours and Services Offered

Our branch operates during flexible hours to accommodate your busy schedule. Visit us Monday through Wednesday from 9:00 AM to 5:00 PM, and on Thursday and Friday from 9:00 AM to 6:00 PM. On Saturdays, we are open from 9:00 AM to 1:00 PM for your convenience. At Metro Credit Union, we offer a wide range of personal banking services tailored to meet your needs, including checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. Plus, enjoy the ease of accessing your accounts through our ATMs available on-site.

Member Eligibility

Becoming a member of Metro is like joining a family that's dedicated to your financial well-being. At our branch located at 4 Paradise Rd Salem Ma 01970, we welcome anyone who lives, works, or worships in the area, as well as their family members. This means that if you're part of our community, you can enjoy all the benefits that come with membership, including personalized service and a variety of financial products designed just for you. We're committed to supporting our members with everything from checking accounts and auto loans to mortgages and credit cards. To start your journey with us, it's easy to open an account! Simply give us a call at (877) 696-3876 or check out more details about eligibility on our website at . We're excited to help you take this important step toward financial empowerment!

Business Banking & Commercial Services

Business Loan Options

Imagine your business taking off new customers walking through your door, projects getting off the ground, and your team growing. This can become a reality with the right financial support. 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

In addition to loans, we offer comprehensive merchant services that simplify payment processing for you. Picture this: quick transactions that keep your customers happy and efficient accounting that saves you time. From credit card processing to point-of-sale systems, our merchant services give you the tools you need to operate smoothly and focus on what really matters growing your business. Visit us at 4 Paradise Rd Salem Ma 01970, Salem, MA or call us at (877) 696-3876 to learn how we can partner with you on your journey to success!

Comprehensive List Of Services

Business Banking

If you're a business owner, we have tailored services just for you. Our business banking options include merchant services to streamline your payment processing and various business loans to help your company grow.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking solutions that let you manage your accounts anytime, anywhere. From checking your balance to transferring funds between accounts, our user-friendly platform ensures that banking is as easy as possible. Need cash on the go? Our ATM and cash withdrawal services are available for quick access to your funds whenever you need them. With basic ATM access for withdrawals and balance checks, managing your finances has never been simpler.

Get Started Today!

We invite you to explore all the financial services we provide at Metro. Whether you're in need of a new loan or just want to open an account, our friendly staff is ready to assist you. Don't hesitate to reach out at (877) 696-3876, or visit us at our branch in Salem, MA. Let us help you take the next step towards achieving your financial dreams! For more information about our offerings and how we can serve you better, visit us online at https://www.metrocu.org/.

Personal Banking

When it comes to personal banking, we understand that everyone has unique needs. That's why we offer various checking and savings accounts designed to help you manage your money effectively. If you're planning to purchase a vehicle, our auto loans and vehicle financing options can make that dream a reality without breaking the bank. We also provide mortgage loans and refinancing services to help you secure your home or lower your monthly payments. For those moments when life throws unexpected expenses your way, our personal loans and debt consolidation solutions can offer the support you need. And don't forget about our credit cards with rewards, which allow you to earn while you spend.

Digital & Online Banking

Key Services

With our online banking platform, you can check balances, transfer funds, and pay bills anytime you want. Our secure system ensures that your personal information remains protected while you enjoy 24/7 access to your accounts. If you're looking for a quick way to send money to friends or family, our person-to-person transfer feature makes it simple and straightforward. Do you prefer paperless statements? We offer e-statements, which not only reduce clutter but also let you view your account activity whenever you need it. Plus, with electronic signature authorization available, signing documents is as easy as a click away no more printing or scanning required!

Mobile Experience

For those who prefer managing their finances from their phones, our mobile application is here for you! Available for download, it puts all the features of our online banking right in your pocket. Although we currently do not support mobile payments, the app allows for easy navigation of your accounts and quick transfers. In an age where immediate access is key, our online banking services ensure that you have real-time management of your finances. With just a few taps on your phone or clicks on your computer, you'll be able to handle everything from everyday transactions to major financial decisions securely. Choose Metro for a digital banking experience that prioritizes both ease-of-use and safety. Your financial well-being is just a click away!

Financial Strength

Growing Trust

Total Share Accounts: 356,472, showing a strong and growing member base that trusts us with their finances. This trust is what drives us to continually improve and provide the best possible service for all of our members. 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 4 Paradise Rd Salem Ma 01970 or call (877) 696-3876 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.

Member-Centric Savings

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 operational efficiency is reflected in our $0, 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.

Reinvesting for Your Future

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 supports your financial goals with $27,984 in used auto loans and $2,978,446,625 in total loans and leases.

Strong Financial Health

With a net worth of $283,524,463, we maintain robust 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. Whether you're interested in financing a brand-new model or a reliable used car, our team is here to guide you through the process.

Business Financing

For business owners, our outstanding commercial loans totaling $485,540,313 provide the capital needed to grow and expand. We're committed to supporting local businesses by offering tailored financing solutions that align with your goals.

Flexible Options and Refinancing

At Metro, we believe in providing opportunities for everyone. If you're considering refinancing existing loans or checking your eligibility for any of our products, don't hesitate to reach out. Our knowledgeable staff can assist you with understanding your options and finding the right solution for your needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Reach out today at (877) 696-3876 or visit us online at https://www.metrocu.org/ to learn more about how we can help you secure the financing you need!

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 understand that every homebuyer's journey is unique, so we offer flexible terms and personalized service to fit your situation.

Unsecured Credit Card Loans

Managing everyday expenses can sometimes be challenging. That's why 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. These cards come with competitive rates and no collateral required, making it easier for you to cover unexpected costs.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring 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 users receive fair and transparent offers. Each loan listing reflects actual rates available at reputable institutions, so you can trust that the information presented is both accurate and reliable.

METRO CREDIT UNION