Metro Credit Union Salem MA | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Metro, your trusted financial partner right here in Salem, MA! Nestled at 4 Paradise Rd, our branch has been a cornerstone of the community since 1926, proudly serving over 216,000 members with dedication and care. With total assets exceeding $3.44 billion, we are committed to providing reliable financial services that help you achieve your goals. At Metro, we understand that every member's needs are unique. Whether you're looking for personal banking options like checking and savings accounts, or financing solutions such as auto loans and mortgages, we have you covered. We offer a variety of products designed to meet your needs, including credit cards with rewards and business banking services. Our team, led by CEO Robert Cashman and Board President Mark Smoller, is here to ensure that you receive personalized service. With 323 employees ready to assist you, we strive to make every visit a positive experience. If you need assistance or have questions about your account, don't hesitate to reach out at 877-696-3876. While members can visit us at 4 Paradise Rd, official correspondence should be sent to the same address. We invite you to explore our website at [Metro]( https://www.metrocu.org ) for more information about our services and how we can support your financial journey. Join us at Metro where your success is our mission!

Branch History & Mission

Join Us!

As we continue to grow and innovate, we invite you to join our family at Metro. Experience firsthand the benefits of membership and be part of a community-focused credit union that puts people first. Together, let's build a brighter financial future! For more information or assistance, feel free to reach out at (877) 696-3876.

Our Journey

Located at 4 Paradise Rd Salem Ma 01970, just a stone's throw from local landmarks, we have become a staple in the community. Our journey began with a vision of creating a member-focused financial institution that prioritizes the needs of individuals and families. Over the decades, we have adapted to changing times while staying true to our mission of supporting our members' financial well-being. As we evolved, we embraced digital advancements, ensuring that our services are accessible and user-friendly. With features like online banking and mobile applications, we strive to meet our members where they are. We are proud to offer ADA-compliant services that ensure everyone can access our resources without barriers.

Our Mission

At Metro, our mission is clear: to empower our members through comprehensive financial solutions while fostering a sense of community. We believe in more than just banking; we are dedicated to improving the lives of those around us. Our commitment extends beyond transactions; we engage in various partnerships and community outreach programs aimed at making a positive impact. Whether you're looking for personal banking options like checking accounts, auto loans, or mortgage financing, or business banking services such as merchant solutions and business loans, we're here for you. While members can visit us at 4 Paradise Rd Salem Ma 01970, official correspondence should be sent to 4 Paradise Rd, Salem, MA 01970-4230.

Branch Location & Accessibility

Convenient Access

At Metro, accessibility is a priority. Our branch is equipped with ADA-compliant features, ensuring everyone can comfortably access our services. Parking is available right on-site, making it simple for you to stop in without hassle. Although we don't offer drive-thru banking, our friendly staff is ready to assist you inside during our operating hours.

Operating Hours

We understand that your time is valuable. That's why we keep our doors open from Monday to Wednesday, 9:00 AM to 5:00 PM; Thursday and Friday until 6:00 PM; and Saturday from 9:00 AM to 1:00 PM. We strive to provide flexibility so that you can manage your finances at your convenience.

Services at Your Fingertips

At Metro, we offer a range of services designed with your needs in mind. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have solutions tailored just for you. Plus, our ATM service ensures you can easily access your funds anytime. While members can visit us at 4 Paradise Rd Salem Ma 01970, official correspondence should be sent to 4 Paradise Rd, Salem, MA 01970-4230 for any mail-related inquiries. Ready to experience banking done differently? Stop by or give us a call at (877) 696-3876 today! We're excited to help you with all your financial needs!

Member Eligibility

At Metro, we believe that everyone deserves the chance to be part of a caring and supportive community. Becoming a member is simple and open to many! If you live, work, or go to school in the area, you're likely eligible to join us. We welcome individuals from various backgrounds and walks of life, making it easy for you to connect with others who share your values and goals. For more detailed information about our eligibility criteria, feel free to visit [this link]( https://www.metrocu.org/ ). Once you're ready to join, opening an account is straightforward! Just give us a call at (877) 696-3876, and our friendly team will guide you through the process. Whether you're looking for personal banking options or loan services, being a member at Metro means you'll enjoy exclusive benefits tailored just for you. Join us at our convenient location at 4 Paradise Rd Salem Ma 01970 and start experiencing the advantages of membership today!

Business Banking & Commercial Services

Commercial Loan Options

Imagine having the financial resources you need to expand your operations or invest in new equipment. 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 merchant services that help streamline transactions and improve customer experiences. Whether you're processing payments online or at a brick-and-mortar location, our solutions provide reliability and convenience. Imagine quickly serving your customers while managing your cash flow effectively this is what our merchant services can do for you. Visit us at 4 Paradise Rd Salem Ma 01970 in Salem, MA, or call us at (877) 696-3876 to explore how we can assist your business today!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

We understand that accessing cash when you need it is crucial. Our ATM services allow for easy cash withdrawals and balance checks without any hassle. Plus, our locations ensure you have access whenever necessary. At Metro, we strive to create a welcoming environment where you feel valued as a member. Our knowledgeable staff is always ready to assist you with any questions about these services or help tailor solutions specific to your financial goals. Ready to explore what we have for you? Contact us at (877) 696-3876 or visit us today at 4 Paradise Rd Salem Ma 01970 in beautiful Salem, MA!

Auto Loans & Financing

When it comes to purchasing a vehicle, our auto loans and vehicle financing options make the process straightforward and affordable. Imagine cruising down the road in your dream car without breaking the bank! We work with you to find a loan that fits your budget.

Business Banking Services

If you're a business owner, our business banking services, including merchant services and business loans, are designed to support your entrepreneurial journey. From managing cash flow to expanding operations, we're here to partner with you every step of the way.

Credit Cards with Rewards

To enhance your spending power, we offer credit cards with rewards. These cards not only allow you to make purchases but also earn points that can be redeemed for exciting rewards. It's an excellent way to get more from your everyday spending!

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide comprehensive online and mobile banking services. With just a few clicks or taps on your phone, you can check balances, transfer funds, or pay bills anytime and anywhere.

Home Financing Solutions

If you're considering buying a home or refinancing your existing mortgage, our expert team is here to assist you with mortgage loans and refinancing options. We understand that this is a significant step in your life, and we aim to make it as simple and stress-free as possible.

Personal Banking

Starting with personal banking, we offer various checking and savings accounts designed to fit different lifestyles. If you're saving for a new home or planning for your future, our savings accounts can help you achieve those goals. For everyday transactions, our checking accounts provide easy access to your funds.

Personal Loans & Debt Consolidation

For those unexpected expenses or debt consolidation needs, our personal loans can provide quick relief. This service can help streamline your payments into one manageable monthly bill, allowing you to regain control over your finances.

Digital & Online Banking

Key Features for Your Convenience

Our online banking service comes equipped with several features that enhance your experience. For those who prefer going paperless, we offer e-statements for easy access to your financial records without the clutter. If you're ever in need of signing documents quickly, our electronic signature authorization makes the process simple and efficient no more waiting for paperwork to be mailed back and forth. Need to send money to a friend? Our person-to-person transfer option lets you do just that with a few taps on your mobile device. And speaking of mobile devices, our mobile application is available for download, allowing you to manage your accounts directly from your smartphone. While currently we don't offer mobile payments, rest assured that our commitment to providing secure transactions remains steadfast. Your financial safety is a top priority at Metro, so you can bank confidently knowing that advanced security measures are in place. In summary, whether you're checking balances, transferring funds, or accessing statements, our digital banking services provide an accessible and hassle-free way to manage your money anytime, anywhere. Experience the ease of banking with us today!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 356,472, showing a strong and growing member base that trusts us with their finances. Our focus on community means that every decision is made with your best interests at heart. 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.

Investing in Member Services

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

Operational Efficiency

Our operations reflect efficiency with a net income of $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.

Secure 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.

Solid Financial 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

At Metro, we understand that life is full of financial needs, whether you're looking to buy a car, purchase your dream home, or manage everyday expenses. Our diverse range of loan products is designed to help our members achieve their financial goals with ease. Located at 4 Paradise Rd Salem Ma 01970 in Salem, MA, we're here to provide personalized service and support. With over 68,862 loans issued, we've helped thousands of members achieve their financial goals. Our auto loans are particularly popular; if you're considering a new vehicle, our competitive rates make it easier than ever. We have already issued $570,956,708 in new vehicle loans and $467,007,194 in used vehicle loans, helping members hit the road in style. For those interested in homeownership, our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $153,333,892, allowing you to take significant steps toward owning a home. Business owners can also benefit from our financial solutions. Our outstanding commercial loans total $485,540,313, providing essential capital for growth and expansion opportunities. If managing day-to-day expenses is on your mind, consider our flexible unsecured credit card loans. With a total of $12,193,070 in loans available, these options can help you navigate your finances effectively. We also provide refinancing options for many of our loan products, making it easier for you to adjust your financial plan as needed. If you're curious about eligibility requirements or want to explore refinancing opportunities, don't hesitate to reach out! You can contact us at (877) 696-3876 for any questions or to discuss your loan needs further. At Metro, we are committed to offering you the best financial solutions tailored just for you. 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 Aggregator

Ensuring Accurate Loan 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 means that all offers are fair and transparent, allowing users to trust the information they receive. Each loan option displayed on LendMesh is backed by verified data from legitimate financial institutions.

Key Benefits of Using LendMesh

- Verified Data: All loan offers come from reputable sources, ensuring users can compare options confidently. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. The goal is to deliver unbiased results so that users can easily find the best options. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, which helps them make timely and informed choices. 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 reliable the platform is in assisting individuals with their borrowing needs. If you're looking for competitive rates without the hassle, compare real-time loan offers today at [LendMesh]( https://www.lendmesh.com/loans/personal_loans ) and find the best rates for your needs. 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.

Metro

Type of Loan Offerings

Home Equity Loans

Personal Loans

Student Loans

Vehicle Loans