Middlesex-Essex Postal Employees Credit Union North Reading MA

Introduction

Welcome to Middlesexessex Postal Employees, your trusted partner in financial wellness located at 76 Main St, North Reading, MA 01889. Established in 1969, we have proudly served our community for over five decades, nurturing a strong bond with our 669 members. With total assets of $4,616,144 and total deposits reaching $372,658, we are committed to providing you with reliable financial services tailored to your needs. At Middlesexessex Postal Employees, we understand the importance of community support and personal banking. Our dedicated team of just 2 employees, led by our passionate CEO, Michele Overton, and Board President Donna Gill, is here to ensure you receive the best service possible. Whether you're seeking auto loans, personal loans, or business banking solutions, we're ready to help you achieve your financial goals. While members can visit us at our branch location for personalized assistance, official correspondence should be sent to our mailing address: PO Box 577, NORTH READING, MA 1864. We invite you to experience the difference that a member-focused credit union can make in your financial journey. Ready to take the next step? Give us a call at 978-664-5938 during our lobby hours on Monday, Wednesday, and Friday from 3:00 PM to 5:30 PM. Let's work together towards your financial success!

Branch History & Mission

Community Commitment

At Middlesex-essex Postal Employees, our mission goes beyond traditional banking. We strive to make a meaningful impact through community outreach initiatives and partnerships that support local organizations. Whether it's sponsoring local events or offering educational workshops on financial literacy, we believe that investing in our community is vital for mutual success. Our operating hours Monday, Wednesday, and Friday from 3:00 PM to 5:30 PM are designed with our members' convenience in mind. While we currently do not offer ATM or drive-thru services, we are continually exploring ways to enhance accessibility for all members.

Join Us Today!

We invite you to become part of the Middlesex-essex Postal Employees family. Experience firsthand the benefits of being a member-focused credit union where your financial well-being is our priority. Whether you're looking for personal banking solutions like checking and savings accounts or seeking assistance with auto loans and mortgage refinancing, we've got you covered. If you're ready to take the next step toward securing your financial future with a supportive partner by your side, reach out today at 978-664-5938 or visit us during our lobby hours. Together, let's build a stronger community!

Our Journey

From humble beginnings, Middlesex-essex Postal Employees has evolved significantly. We started with a vision to provide accessible financial services tailored specifically for postal employees and their families. As we expanded our offerings over the years, we embraced opportunities to support not just individual members but also the broader North Reading community. Our mission is clear: to empower individuals and families by providing reliable financial services while fostering a spirit of community support. While you can visit us at our branch address of 76 Main St, official correspondence should be directed to PO Box 577, NORTH READING, MA 01864. We are proud to be part of this vibrant town and are committed to contributing positively to its growth.

Branch Location & Accessibility

Nearby Landmarks and Accessibility

Situated near popular local landmarks, our branch is easy to find. Whether you're running errands or enjoying a day out in North Reading, we're just a short drive away. Parking is readily available, making your visit hassle-free. Our branch also meets ADA compliance standards, ensuring that everyone can access our services comfortably.

Operating Hours and Services

We understand that convenience is key, which is why our lobby hours are designed with your busy schedule in mind. We are open Monday, Wednesday, and Friday from 3:00 PM to 5:30 PM. While visiting us, you can take advantage of various personal banking options including checking and savings accounts, auto loans, mortgage loans, and more. Although we currently do not offer ATM services or drive-thru banking, our friendly staff is always here to assist you with any banking needs.

Your Friendly Financial Partner

At Middlesex-essex Postal Employees, we pride ourselves on providing personalized service to each member. Our team is dedicated to helping you navigate your financial journey smoothly. If you have questions or need assistance, don't hesitate to give us a call at 978-664-5938. We look forward to welcoming you soon!

Member Eligibility

At Middlesex-essex Postal Employees, we believe that joining our community should feel like finding a second home. If you're looking to become a member, we welcome you with open arms! Our eligibility is designed to be inclusive, so if you live, work, or worship in the North Reading area, you're already on the right path to membership. We invite individuals from various backgrounds and professions to join us. To learn more about the specific criteria, feel free to check out our detailed guidelines at . Once you're ready to take the next step, opening an account with us is straightforward and hassle-free. Simply give us a call at (978) 664-5938, and our friendly team will guide you through the process. You can also visit us at our branch located at 76 Main St North Reading Ma 01889 for personalized assistance. Becoming a part of Middlesex-essex Postal Employees means gaining access to a range of financial services tailored just for you, along with the support of a dedicated community. We can't wait to welcome you!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine streamlining your payment process while serving your customers better. Our merchant services make it easy for you to accept payments securely and efficiently. Whether you're running a retail shop or a service-based business, having reliable payment processing can enhance customer satisfaction and improve cash flow. Join us at Middlesex-essex Postal Employees and discover how our business banking and commercial services can empower your enterprise to reach its full potential. We're here to partner with you on your journey to success!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash? While we currently do not have ATMs available at our branch, we're committed to helping you find convenient ways to access your funds whenever necessary. At Middlesex-essex Postal Employees, we pride ourselves on being more than just a financial institution; we are a community partner dedicated to helping our members thrive. If you're interested in learning more about any of these services or how we can assist you further, please don't hesitate to reach out! Call us today at (978) 664-5938 or visit us at our branch location. We're excited to help you achieve your financial goals!

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our auto loans and vehicle financing solutions make it easier than ever. With competitive rates and flexible terms, we ensure that financing your dream vehicle is within reach. Picture driving off the lot in that new car, all while knowing you made a smart financial decision.

Business Banking

If you're a business owner, our business banking services are tailored specifically for you. From merchant services that help streamline transactions to business loans designed to fuel growth, we're here to support your entrepreneurial journey.

Credit Cards with Rewards

Make every purchase count with our credit cards that come with rewards. Enjoy benefits like cash back or travel points as you spend on everyday items. It's like earning something back just for using your card!

Mortgage Loans & Refinancing

For those looking to purchase their first home or refinance an existing mortgage, our mortgage loans and refinancing options are here to guide you through every step. We help simplify the process so you can focus on what truly matters making memories in your new space.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking services that allow you to manage your finances anytime, anywhere. Check balances, pay bills, and transfer money quickly all from the palm of your hand.

Personal Banking

Whether you're opening your first checking account or looking for a safe place to grow your savings, our personal banking options are designed with you in mind. We offer checking and savings accounts that come with easy access, allowing you to manage your money without the hassle. Imagine being able to check your balance or transfer funds from the comfort of your home or on the go.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way, which is why our personal loans and debt consolidation services provide financial relief when you need it most. Whether it's funding a home project or consolidating debt for easier management, we've got options that fit your situation perfectly.

Digital & Online Banking

Key Services

Although electronic signature authorization is not available right now, our commitment to security remains strong. We prioritize keeping your information safe while allowing you easy access to your accounts. One of the ways we make banking easier is through e-statements. While we currently do not offer this feature, it's worth noting how useful e-statements can be in helping members track their spending and manage their finances without the clutter of paper. For those who enjoy the convenience of mobile payments or using a mobile application, these features are not available yet. However, we're continuously exploring ways to enhance our offerings to better serve our members' needs.

Real-Time Management

You may also notice that person-to-person transfers are not currently part of our service lineup. But we encourage you to reach out with any suggestions on features you'd like to see in the future! While 24/7 online banking services are also not available at this time, we want you to know that we're dedicated to improving accessibility and ease-of-use for our members. Our goal is always to ensure you're able to manage your account effortlessly and in real-time whenever possible. In summary, while some advanced digital features may not be in place yet at Middlesex-essex Postal Employees, we're here to support you with reliable personal banking services when you need them most. Your feedback is invaluable as we look towards enhancing our digital banking experience!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 673, showing a strong and growing member base that trusts us with their finances. This trust is built on our consistent performance and dedication to serving each member's unique needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Middlesex-essex Postal Employees is your trusted partner. Visit us at 76 Main St North Reading Ma 01889 or call (978) 664-5938 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $0 in share certificates and $0 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, 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 0 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment in Member Services

With $1,525,697 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 $48 in used auto loans and $1,882,437 in total loans and leases.

Solid Financial Health

With a net worth of $1,601,801, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $3,470 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 $712,489 in used vehicle loans and $707,189 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we've got flexible options to suit your needs.

Credit Lines and Business Loans

For those looking for additional financial flexibility, our total credit lines available are $500,000. This can be an excellent option for managing cash flow or handling unexpected expenses. Additionally, while we currently do not offer outstanding commercial loans, our commitment to serving local businesses remains strong as we explore future opportunities. If you're considering refinancing any existing loans or would like to know more about eligibility options, please don't hesitate to reach out. Our team at Middlesex-essex Postal Employees is ready to assist you every step of the way. For more information or to discuss how our loan products can fit into your financial plans, give us a call at (978) 664-5938. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Visit us at 76 Main St North Reading Ma 01889 in North Reading, MA, and let's work together towards achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We are committed to guiding you through the mortgage process, ensuring that you find the best terms for your situation.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and no hidden fees, allowing you to use credit wisely without unnecessary stress.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. LendMesh ensures accurate loan comparisons by sourcing its data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to using the latest results guarantees that users receive fair and transparent offers (Source: https://www.ncua.gov ). One of the key benefits of using LendMesh is its focus on verified data. All loan offers come from legitimate financial institutions, ensuring transparency in the rates you see. Additionally, LendMesh does not feature sponsored listings, which means lenders are not prioritized based on paid promotions our goal is to provide truly unbiased results. With real-time rate comparisons, LendMesh gives users access to up-to-date loan rates from multiple institutions. This helps you make informed decisions without the hassle of searching through numerous websites or promotional offers. 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!" Compare real-time loan offers today at LendMesh 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.

MIDDLESEX ESSEX POSTAL EMPLOYEES FEDERAL CREDIT UNION