Metro Credit Union Peabody MA | Low Mortgage Rates & Business Banking

Introduction

At Metro Credit Union, we believe in building strong financial futures for our members right here in Peabody, MA. Established in 1926, our branch at 68 Main St has been a cornerstone of the community, helping over 216,000 members achieve their financial goals. With total assets exceeding $3.4 billion and a robust deposit base of $88,435,184, we are committed to providing personalized services tailored to meet your unique needs. Under the leadership of our dedicated CEO, Robert Cashman, and Board President, Mark Smoller, we prioritize your financial well-being. Our team of 323 employees is here to guide you through a wide range of services from checking and savings accounts to auto loans and mortgages ensuring that you have access to the tools necessary for success. While members can visit us at 68 Main St, Peabody, MA 01960, official correspondence should be sent to our mailing address at the same location. We maintain a healthy net worth of $283,524,463, which reflects our stability and commitment to serving you better. Whether you're looking for a new vehicle loan or want to explore business banking options, we've got you covered with over 68,862 loans and leases currently in place. Our goal is simple: to provide an exceptional banking experience that fosters trust and reliability within our community. With convenient hours from Monday through Saturday and an easy-to-navigate online platform at metrocu.org, we're just a call away at 877-696-3876. Join us today and discover how Metro Credit Union can help you realize your financial dreams!

Branch History & Mission

At Metro Credit Union, we take pride in our rich history and unwavering commitment to serving the community. Founded in 1926, we have grown alongside Peabody, Massachusetts, becoming a trusted financial partner for over 216,000 members. Our journey began with a simple mission: to provide accessible financial services that empower individuals and families. Located at 68 Main St, Peabody, MA 01960, our branch has become a cornerstone of the community. With easy access to local landmarks and a welcoming atmosphere, we invite you to step inside and discover how we can support your financial needs. For official correspondence, please reach us at our mailing address: 68 Main St, Peabody, MA 01960-5552. Over the years, Metro has achieved significant milestones. Today, we proudly hold total assets of over $3.4 billion, reflecting our dedication to stability and growth. Our focus on member satisfaction is evident through our wide array of services from personal banking options like checking and savings accounts to auto loans and mortgage refinancing. As technology advances, so do we; our digital offerings include online banking and mobile app access for your convenience. Our mission is not just about providing financial products but also about fostering community well-being. We actively engage in outreach efforts that support local initiatives and partnerships aimed at enhancing the quality of life for all residents of Peabody. We understand that a strong community leads to stronger members. Metro Credit Union is ADA compliant and prioritizes customer-centric initiatives. Whether you visit us during our operating hours Monday through Wednesday from 9:00 AM to 5:00 PM, Thursday and Friday from 9:00 AM to 6:00 PM, or Saturday from 9:00 AM to 1:00 PM we are here to help you navigate your financial journey with ease. We invite you to join Metro Credit Union today and experience firsthand the benefits of being part of a cooperative that genuinely cares about its members. Explore what we have to offer and let us help you achieve your financial goals! For more information or inquiries, feel free to call us at 877-696-3876 or visit our website at Metro Credit Union.

Branch Location & Accessibility

Call to Action

We invite you to come visit us at our Peabody branch today! Experience the convenience of having a trusted credit union right in your neighborhood. Whether you're looking for financial advice or need help with your account, we're here for you every step of the way. See you soon!

Convenient Access and Features

At Metro, we prioritize accessibility for all members. Our branch is designed to be ADA compliant, ensuring that everyone can enjoy a comfortable visit. We have ample parking available right outside, so you won't have to worry about finding a spot when you arrive. While members can visit us at 68 Main St, official correspondence should be sent to the same address: 68 Main St, Peabody, MA 01960-5552. This way, you can ensure your important documents reach us without any hassle.

Operating Hours

We understand that your schedule can be busy! That's why we offer convenient operating hours to serve you better. Our lobby is open Monday through Wednesday from 9:00 AM to 5:00 PM. On Thursdays and Fridays, we're here for you until 6:00 PM, and on Saturdays, our doors are open from 9:00 AM to 1:00 PM. Feel free to stop by during these hours for personal banking services including checking and savings accounts, auto loans, and more.

Services Available

Metro Credit Union offers a range of services tailored to meet your needs. From personal banking solutions like auto loans and mortgages to business banking options including merchant services and business loans, we've got you covered. And with ATM availability on-site, accessing your funds is quick and easy. If you're looking for personalized assistance or have any questions about our offerings, don't hesitate to call us at 877-696-3876. Our friendly team is always ready to help!

Member Eligibility

Becoming a member of Metro is like joining a caring family where your financial well-being is our top priority. If you're located in or near Peabody, MA, you're in luck! We welcome individuals who live, work, worship, or attend school in Essex County. This means that whether you're starting your first job, raising a family, or enjoying retirement, you can take advantage of our personalized services and community-focused approach. At Metro, we offer an array of benefits including competitive loan rates, low fees, and financial education resources designed to help you thrive. Joining us is straightforward! Simply visit us at our branch located at 68 Main St Peabody Ma 01960 or give us a call at (877) 696-3876 to learn more about the membership process. For the most up-to-date information on eligibility criteria, be sure to check out our detailed resource here. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Financing Your Vision

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 Work for You

In addition to our loan options, we offer comprehensive merchant services that help streamline daily operations. Imagine being able to accept payments quickly and easily, whether you're running a retail store or providing services on the go. Our merchant services are designed to make transactions smoother, allowing you to focus more on what you do best growing your business. Visit us at 68 Main St Peabody Ma 01960 or call us at (877) 696-3876 to learn how we can help your business thrive!

Comprehensive List Of Services

Business Banking

If you're a business owner, we haven't forgotten about you! Our business banking services include merchant services and business loans that can help take your operations to the next level. We know running a business is demanding, which is why we aim to simplify your banking experience.

Digital Convenience

In today's fast-paced world, convenience is key. That's why at Peabody, we pride ourselves on offering robust online and mobile banking solutions. Whether it's checking balances, transferring funds, or paying bills, our platforms make it easy for you to manage everything from anywhere. With ATM access available for cash withdrawals and balance checks, you're always connected to your money.

Get in Touch!

We invite you to visit us at 68 Main St Peabody Ma 01960, call us at (877) 696-3876, or check out our website at https://www.metrocu.org/ for more information about how we can support your financial needs. At Metro, we're committed to serving our community with integrity and care. Join us today and discover how we can help make your financial dreams a reality!

Personal Banking

Starting with personal banking, we offer a variety of checking and savings accounts tailored to fit your lifestyle. Imagine having easy access to your funds with online banking that allows you to manage your money from the comfort of your home or on the go. Our accounts come with features like e-statements and electronic signature options for added convenience. When it comes time to buy a car, our auto loans and vehicle financing options provide competitive rates that make driving off in your dream vehicle a reality. If you're considering purchasing a home or refinancing your current mortgage, our knowledgeable staff can guide you through the process of securing mortgage loans tailored to your situation. For those unexpected expenses or consolidating debt, our personal loans offer flexible terms that can ease your financial burden. Plus, if you're looking for a credit card that rewards you for everyday purchases, our credit cards come with attractive rewards programs designed just for you.

Digital & Online Banking

Key Features for You

With electronic signature authorization available at Metro, signing documents has never been easier. Forget about printing and mailing; you can complete transactions securely online with just a click. Additionally, e-statements are available, allowing you to receive and review your bank statements electronically helping you save paper and keep your records organized. If you're always on the move, you'll be happy to know we have a mobile application that makes banking even more accessible. Although mobile payments aren't offered at this time, our app lets you manage person-to-person transfers easily so you can send money to friends or family without any hassle. Our commitment to security means that you can trust us with your financial information. We prioritize keeping your data safe while providing the tools necessary for effective real-time account management. At Metro, we're here to help simplify your banking experience so you can focus on what matters most in life.

Financial Strength

At Metro, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our financial strength with you, reinforcing our commitment to providing exceptional services. 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. 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. 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 members' financial goals across various sectors with $27,984 in used auto loans and $2,978,446,625 in total loans and leases. Although our current net income stands at $0, it reflects our operational efficiency and commitment to maintaining robust 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. Our net shares available for lending stand at $0, while the total number of share accounts showcases a strong member base trusting us with their finances: 356,472. 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 68 Main St Peabody Ma 01960 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We've already issued over $570,956,708 in new vehicle loans and $467,007,194 in used vehicle loans to help members get on the road with confidence. Our competitive interest rates make it easier for you to drive away with the vehicle you desire.

Business Financing

For business owners seeking capital to grow and expand, our outstanding commercial loans totaling $485,540,313 provide the financial support needed to take your business to the next level. We're committed to fostering local businesses and helping them thrive. Whether you're interested in refinancing options or checking eligibility for any of our loan products, our team is here to guide you through every step. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. If you have questions or want more information about our loan offerings, feel free to reach out at 877-696-3876 during our operating hours: Monday - Wednesday from 9:00 AM - 5:00 PM; Thursday & Friday from 9:00 AM - 6:00 PM; Saturday from 9:00 AM - 1:00 PM. At Metro, we aim to provide accessible and affordable financial solutions tailored just for you!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Property loans totaling $153,333,892, making buying or refinancing simple and straightforward. We provide personalized support throughout the process to ensure you find the right mortgage solution for your needs.

Unsecured Credit Card Loans

For those looking to manage everyday expenses or consolidate debt, we also offer flexible terms on unsecured credit card loans. With a total of $12,193,070 in unsecured credit card loans available, our members can access funds easily while enjoying manageable repayment options.

Loan Aggregator

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Ensuring Accurate Comparisons

LendMesh prioritizes accuracy in loan comparisons by sourcing data directly from banks and credit unions that adhere to National Credit Union Administration (NCUA) lending standards. This commitment ensures that users receive fair and transparent offers based on the latest results (Source: https://www.ncua.gov). By connecting consumers with verified financial institutions, LendMesh delivers reliable information that is crucial for making informed decisions.

Metro