SEVENFOLD FEDERAL CREDIT UNION

Welcome to Monroe Telco, where we have proudly served our members since 1936. Located in the heart of Monroe, LA, our mission revolves around providing exceptional financial services while prioritizing community service and member empowerment. Led by our dedicated CEO, Crystal White, and Board President, Walter Huffman, we strive to create a welcoming environment that fosters trust and accessibility for everyone in our community, including military members and their families.

At Monroe Telco, your financial well-being is our top priority. We are federally insured by the NCUA since January 4, 1971, ensuring that your deposits are secure. To enhance your banking experience, we offer a range of modern tools such as Online Banking, a user-friendly Mobile App, convenient P2P Transfers, E-Statements, Mobile Payments, and more. Our commitment to innovation is matched only by our dedication to providing personalized service tailored to meet your needs. For more information about us and our offerings, visit our website at https://www.monroetelcofcu.org/ or contact us at (318) 397-4271. Join us in building a financially empowered community today!

At Monroe Telco, we pride ourselves on offering a comprehensive suite of financial services designed to meet the diverse needs of our members. From personal banking options like checking and savings accounts to auto loans and vehicle financing, we ensure that our members have access to the resources they need for everyday banking and significant life milestones. Our offerings extend to mortgage loans, personal loans, debt consolidation, and credit cards with rewards that help you make the most of your finances. For small businesses, we provide tailored solutions such as merchant services and business loans, empowering entrepreneurs to thrive in a competitive market.

In today’s fast-paced world, convenience is key, which is why Monroe Telco emphasizes digital access through our robust online banking platform and mobile application. Members can easily manage their accounts anytime, anywhere with features like person-to-person transfers, mobile payments, and e-statements. While electronic signatures are not currently offered, our commitment to providing a seamless digital experience ensures that managing your finances is straightforward and efficient. Whether you're planning for a new home or simply need assistance with day-to-day transactions, our services are designed to support you at every step of your financial journey. To learn more about membership eligibility, visit http://www.monroetelcofcu.org/membership-1, or if you're interested in comparing loan options or checking rates, explore https://www.lendmesh.com/loans/mortgage-loans. For personalized assistance, feel free to reach out via fax at (318) 397-4271; we're here to help you navigate your financial goals with ease.

Monroe Telco is more than just a financial institution; it's a trusted partner for its community, reflecting a commitment to excellence and transparency. With a robust Total Membership of 3,612, this credit union has established itself as a cornerstone of financial support in the region. The foundation of Monroe Telco's credibility lies in its impressive Total Assets amounting to $48,786,247 and a strong Net Worth of $6,497,772. These figures signify not only stability but also a dedication to safeguarding the financial well-being of its members.

The organization's performance is underscored by a solid Net Income of $169,374, showcasing its efficient management and operational effectiveness. With Total Deposits reaching $42,021,285, members can trust that their funds are secure and well-managed. Monroe Telco has also demonstrated its capacity to meet the diverse needs of its members, evidenced by the Total Loans and Leases totaling $23,987,033. This comprehensive range of offerings ensures that individuals and families have access to essential financial products, from auto loans to personal loans.

Employing a dedicated team of 16 professionals, Monroe Telco prioritizes personalized service while maintaining an impressive Net Worth Ratio of 13.32%. This metric not only reflects financial health but also underscores the organization’s ability to withstand economic fluctuations, providing peace of mind for its members. Additionally, with Credit Card Loan Volume at $875,317 and Auto Loan Volume reaching $17,904,550, Monroe Telco stands ready to assist members in achieving their financial goals without compromising on quality service.

In an era where trust and integrity are paramount, Monroe Telco exemplifies these values through its commitment to community engagement and member satisfaction. For those seeking reliable financial solutions, the performance insights and data provided by the National Credit Union Administration (NCUA) at: https://www.ncua.gov further validate Monroe Telco's standing in the industry.

Discover how Monroe Telco can elevate your financial journey today by comparing real-time loan offers at https://www.lendmesh.com/loans/mortgage-loans and find the best rates tailored for your needs.