Monroe Community Credit Union Newport MI | Low Mortgage Rates & Auto Loans

Introduction

At Monroe Community, we believe that banking should be about people, not just numbers. Since our establishment in 1954, we've dedicated ourselves to serving the Newport community at our branch located at 5044 N Dixie Hwy, Newport, MI 48166. With a total membership of over 30,964 members, we take pride in offering personalized financial services that truly meet your needs. Our commitment goes beyond just providing services; it's about building trust and relationships. As of now, we manage total assets of $361,536,496, with deposits totaling $30,200,068. We're here to support you whether you're looking for auto loans, mortgage options, or business financing solutions. In fact, we currently have 16,296 loans and leases available to help our members achieve their financial goals. While members can visit us at our branch location for assistance or inquiries, official correspondence should be sent to the same address: 5044 N Dixie Hwy, Newport, MI 48166. Our team is led by CEO Kristine Brenner and Board President Gary Sievert, who are dedicated to fostering a welcoming environment where every member feels valued. As we continue to grow and serve our community with integrity and care, we invite you to experience the difference at Monroe Community. For more information or to discuss your financial needs with one of our friendly staff members, give us a call at 734-244-0214 or visit our website at monroecommunitycu.org. Join us today and discover how we can help you thrive!

Branch History & Mission

At Monroe Community, we proudly reflect on our journey since we first opened our doors in 1954. Nestled in the heart of Newport, Michigan, at 5044 N Dixie Hwy, our branch has grown from humble beginnings to become a vital resource for over 30,000 members. Our commitment to providing exceptional financial services while fostering community spirit is what drives us every day. From the start, our mission has been clear: to empower our members through accessible and personalized banking solutions. We believe that everyone deserves a chance to achieve their financial goals, whether it's saving for a new home or planning for retirement. Over the years, we've expanded our offerings to include not just traditional banking services like checking and savings accounts but also auto loans, mortgages, personal loans, and business banking solutions. As we evolved, so did our commitment to innovation and service. Today, with total assets exceeding $361 million, we are proud to offer modern conveniences like online and mobile banking. Our facilities are designed with accessibility in mind ensuring that all members can easily access their funds and manage their finances on their terms. Additionally, we're pleased to provide ATM access and drive-thru banking services for those who prefer in-person transactions without stepping inside. Our strong ties to the Newport community have always been at the forefront of our operations. We actively participate in local events and initiatives aimed at uplifting those around us. By partnering with various organizations and supporting local programs, we strive to make a meaningful impact beyond banking. While members can visit us at 5044 N Dixie Hwy for all their banking needs during our operating hours Monday through Thursday from 9:00 AM to 4:30 PM, Friday from 9:00 AM to 5:30 PM, and Saturday from 9:00 AM to 12:00 PM official correspondence should be sent to the same address. We invite you to join Monroe Community Credit Union today. Experience firsthand how we can help you navigate your financial journey with care and expertise. Together, let's build a brighter future for ourselves and our community! For more information or assistance, feel free to reach out at (734) 244-0214.

Branch Location & Accessibility

Welcome to Monroe Community's Newport branch, located conveniently at 5044 N Dixie Hwy in Newport, MI. This friendly spot is easy to find and just a stone's throw away from local landmarks, making it accessible for all our members. Whether you're coming from the bustling downtown area or nearby residential neighborhoods, our location offers the perfect blend of convenience and community connection. At Monroe Community, we understand how important accessibility is for our members. Our branch features ADA-compliant entrances and ample parking, ensuring that everyone can easily access our services. Plus, if you prefer the ease of banking from your vehicle, we offer drive-thru service for quick deposits and withdrawals without leaving your car. We invite you to visit us during our operating hours: Monday through Thursday from 9 AM to 4:30 PM, Friday until 5:30 PM, and Saturday from 9 AM to 12 PM. Our dedicated team is here to assist you with a range of services including checking and savings accounts, auto loans, mortgage options, and more. Need cash? Our ATM is readily available for your convenience. For any official correspondence, please note that while members can visit us at our physical address, mailing should be directed to the same address: 5044 N Dixie Hwy, Newport, MI 48166. If you have questions or need assistance before your visit, feel free to give us a call at 734-244-0214. We look forward to seeing you soon at Monroe Community!

Member Eligibility

Joining the Monroe Community feels like stepping into a warm and welcoming family where your financial dreams can truly take flight. To become a member, you simply need to meet a few friendly eligibility criteria. If you live, work, worship, or attend school in Monroe County or are related to someone who does, you're already on the right path! We believe everyone deserves access to financial services that support their goals and well-being. For more specific details on eligibility, we encourage you to check out our website at Monroe Community Eligibility. Opening an account is just as simple and inviting. With just a few steps, you can start enjoying all the benefits of membership at Monroe Community, from competitive rates on loans to personalized customer service tailored to your needs. If you're ready to take this exciting step or have any questions, feel free to give us a call at (734) 244-0214. Our doors are always open at our branch located at 5044 N Dixie Hwy Newport Mi 48166, where we're eager to help you become part of our community!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $66 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $213 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $15,847,452, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make a Difference

Imagine being able to process payments effortlessly while focusing on what you do best running your business. Our merchant services provide easy payment solutions that simplify transactions, letting you serve your customers better and grow your sales. Whether you are a retailer, a service provider, or anything in between, we are here to empower your business operations. Visit us at 5044 N Dixie Hwy Newport Mi 48166 in Newport, MI, or call us at (734) 244-0214 to learn more about how we can help your business thrive!

Comprehensive List Of Services

Business Banking

Running a business comes with its own set of challenges. That's why we offer specialized business banking services including merchant services and business loans. Whether you're looking to upgrade equipment or expand operations, our team is here to guide you through financing options that will help your business thrive.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we've made it easy for you to manage your accounts online or through our mobile app. With features like online banking, mobile payments, and person-to-person transfers, accessing your money has never been simpler. Our ATM and cash withdrawal services ensure you have access to funds whenever you need them.

Everyday Transactions Made Easy

At Monroe Community, we understand that not every banking need requires a lengthy visit. Our basic drive-thru banking allows for quick deposits, withdrawals, and simple transactions without leaving the comfort of your vehicle. If you prefer using an ATM, we provide basic ATM access for balance checks and withdrawals so you can get cash quickly. We invite you to visit us at 5044 N Dixie Hwy Newport Mi 48166 or call us at (734) 244-0214 if you have any questions about how we can assist you further. Our friendly staff is ready to help make your banking experience pleasant and efficient. Explore all that Monroe Community has to offer by visiting us today! Your financial future starts here.

Personal Banking

Whether you're just starting out or looking to expand your financial portfolio, our personal banking options have you covered. You can open checking and savings accounts that fit your lifestyle. Imagine having easy access to your funds while also earning interest on your savings! If you're considering a new vehicle, our auto loans and vehicle financing options offer competitive rates to help you drive away in your dream car without straining your budget. Plus, if you're thinking about purchasing a home, we provide mortgage loans and refinancing solutions tailored just for you, making the process smoother than ever. For those unexpected expenses or consolidation needs, our personal loans give you the flexibility to manage your finances effectively. And don't forget about our credit cards with rewards perfect for earning points on everyday purchases that can lead to exciting perks down the line!

Digital & Online Banking

Access Your Accounts Anytime

With our 24/7 online banking services available at https://www.monroecommunitycu.org/ , you can check balances, pay bills, and transfer funds whenever it suits you. Whether you're at home or on the go, our online banking gives you real-time access to your accounts, ensuring you're always in control of your finances.

Easy Payments and Transfers

Need to send money to a friend? Our person-to-person transfer feature makes it simple and fast. Just a few clicks, and the money is on its way! Plus, with mobile payments enabled, you can make purchases directly from your phone, adding even more convenience to your daily transactions.

Go Green with E-Statements

In addition to traditional statements, we offer e-statements for those who prefer a paperless option. This not only helps reduce clutter but also makes it easier to keep track of your financial activities. You can access your statements anytime through our secure portal.

Secure and Reliable Services

Your security is our top priority. Our electronic signature authorization means you can complete important transactions safely from anywhere. We use the latest technology to protect your information so that you can bank with peace of mind.

Stay Connected with Our Mobile App

For even more flexibility, download our mobile application. It brings all the features of online banking right to your fingertips. Whether you're checking balances or making payments, everything is just a tap away. At Monroe Community, we are committed to providing accessible and easy-to-use digital banking solutions that fit seamlessly into your life. Experience the convenience today!

Financial Strength

A Growing Community

With total share accounts numbering 61,174, it's clear that more members trust us with their finances every day. This reflects not only our commitment to serving our community but also our capacity for sustainable growth. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Monroe Community is your trusted partner. Visit us at 5044 N Dixie Hwy Newport Mi 48166 or call (734) 244-0214 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $64,765,703 in share certificates and $37,243,383 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 operational efficiency shines through with a reported net income of $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 73 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Our Members

With $34,028,795 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our ability to support your financial goals is further highlighted by our $3,332 in used auto loans and $239,656,352 in total loans and leases.

Strong Financial Health

With a net worth of $36,302,379, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,004 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 $57,572,612 in used vehicle loans and $39,847,594 in new vehicle loans already helping members get on the road. We provide flexible terms and fast approvals to make your car-buying experience as smooth as possible.

Business Loans

For business owners, our outstanding commercial loans totaling $15,847,452 provide the capital needed to grow and expand. We understand that businesses require tailored solutions; that's why we work closely with you to identify the best financing options.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $24,830,041, making buying or refinancing simple. We also offer guidance throughout the process to ensure you understand all available options.

Refinancing Options

If you're considering refinancing an existing loan or exploring eligibility for any of our products, our team is here to help. We can assess your current situation and guide you through potential savings opportunities or better loan terms that fit your financial profile. At Monroe Community Credit Union, we pride ourselves on transparency and reliability. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. For more information about our loan offerings or to speak with one of our representatives, please call us at 734-244-0214. Together, let's pave the way toward your financial success!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,162,268 in loans helping members manage their finances effectively. Whether you need to consolidate debt or cover unexpected expenses, our credit cards provide convenience and ease.

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. This tool is designed to help users navigate through numerous options with clarity and ease. 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 adherence to regulatory guidelines guarantees fair and transparent offers. The information presented on LendMesh is based on the latest results, ensuring you have access to up-to-date rates. One of the key benefits of using LendMesh is its commitment to Verified Data. Loan offers are sourced exclusively from legitimate financial institutions, which fosters transparency in the comparison process. Additionally, LendMesh takes pride in offering No Sponsored Listings; lenders are not prioritized based on paid promotions. This means users receive truly unbiased results, allowing them to make informed decisions without hidden agendas. Moreover, LendMesh provides Real-Time Rate Comparisons, giving users access to current loan rates from multiple institutions. This feature empowers borrowers by equipping them with the necessary information to choose loans that best fit their financial needs. Thousands of users trust LendMesh for loan comparisons. One satisfied member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the effectiveness and reliability of the platform. 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.

MONROE COMMUNITY CREDIT UNION