Mount Carmel Baptist Credit Union Philadelphia PA | Affordable Auto Loans & Quick Personal Loans

Introduction

Welcome to Mount Carmel Baptist, your trusted financial partner located at 5800 Race St, Philadelphia, PA 19139. Established in 1964, we have been dedicated to serving our community for nearly six decades. With a membership base of 108 individuals, we pride ourselves on being a local credit union that understands the unique needs of our members. At Mount Carmel Baptist, we believe in providing reliable financial services that empower our members to achieve their goals. With total assets of $673,413 and deposits reaching $265,152, we are committed to ensuring your savings are secure and accessible. Our small yet dedicated team is led by CEO Wanda Tuck and Board President Judith Powell, who both share a vision of fostering a welcoming environment where members can thrive. While you can always visit us at our branch, please note that official correspondence should be directed to the same address: 5800 Race St, Philadelphia, PA 19139. We invite you to explore our range of services, including checking and savings accounts, auto loans, personal loans, and more all designed to help you manage your finances effectively. If you're ready to take the next step in your financial journey or simply have questions about our offerings, don't hesitate to reach out! You can contact us at (215) 471-8514 during our lobby hours on Monday, Wednesday, and Friday from 10:00 AM to 2:00 PM. We look forward to welcoming you into the Mount Carmel Baptist family!

Branch History & Mission

Community Engagement

Our commitment extends beyond mere banking. We are dedicated to supporting local initiatives and fostering partnerships that contribute to the well-being of our community. By engaging with local events and organizations, we strive to make a meaningful impact where it matters most. As we look toward the future, we continue to invest in digital advancements that enhance accessibility while ensuring ADA compliance so everyone can benefit from our services. Though we currently do not offer ATM or drive-thru services at this time, we focus on delivering personalized experiences that meet your needs. Join us at Mount Carmel Baptist! Experience the benefits of becoming a member of a credit union that truly cares about your financial success and community well-being. Together, we can build a brighter future for all. If you're ready to take the next step or have any questions, don't hesitate to call us at 215-471-8514.

Our Mission

At Mount Carmel Baptist, our mission is simple yet powerful: to provide accessible financial services while uplifting our community. We strive to create opportunities for financial growth through personal banking options such as checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. More than just transactions, we aim to foster lasting relationships built on trust and mutual benefit. We believe in the importance of being there for our members in their times of need. Whether it's through debt consolidation or business banking services like merchant services and business loans, our dedicated team is here to help you navigate your financial journey. While members can visit us at 5800 Race St, official correspondence should be sent to the same address. We invite everyone to experience our friendly service during our lobby hours on Monday, Wednesday, and Friday from 10:00 AM to 2:00 PM.

Branch Location & Accessibility

Accessible Banking Experience

At Mount Carmel Baptist, we prioritize accessibility. Our branch features ADA-compliant entrances and ramps to ensure everyone can access our services without any hassle. If you have any questions about getting here or our facilities, don't hesitate to reach out!

Conveniently Located

You can find us near local landmarks, making it easy to stop by while you're out and about. Whether you're visiting a nearby shop or just passing through the area, our location is designed with your convenience in mind. While our official mailing address also remains at 5800 Race St, please feel free to visit us directly for all your banking needs.

Friendly Hours for Your Convenience

We understand that life gets busy! That's why we offer flexible lobby hours on Mondays, Wednesdays, and Fridays from 10:00 AM to 2:00 PM. Our dedicated team is ready to assist you during these times, ensuring you receive personalized service tailored to your financial goals.

Get in Touch!

We invite you to come visit us or give us a call at 215-471-8514 if you have any questions or need assistance. Our team is eager to help you achieve your financial aspirations. Experience the friendly service at Mount Carmel Baptist today!

Services Offered

Our commitment goes beyond just being a place for transactions. At Mount Carmel Baptist, we offer a range of services including personal banking solutions like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. If you're looking for business banking options or assistance with debt consolidation, we've got you covered!

Member Eligibility

Joining the Mount Carmel Baptist community means becoming part of a supportive family that truly cares about your financial well-being. To be eligible for membership at Mount Carmel Baptist, you typically need to either live, work, worship, or attend school in the Philadelphia area. This inclusive approach ensures that a diverse group of individuals can benefit from our services, making it easy for you to access valuable financial resources. We're here to help you with personal banking needs like checking and savings accounts, auto loans, and more. For the most up-to-date details on eligibility criteria, feel free to check out our resource page at . Getting started is simple! You can open an account with us by visiting our branch at 5800 Race St, Philadelphia, PA 19139. If you have any questions or need assistance during the process, don't hesitate to call us at (215) 471-8514. We're excited to welcome you into our community and help you achieve your financial goals!

Business Banking & Commercial Services

Financing Options for Every Business

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 that Make Sense

In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine being able to accept payments easily from your customers, whether they prefer credit cards, mobile payments, or other methods. This service not only streamlines transactions but also enhances customer satisfaction, making it easier for you to focus on what you do best running your business. Located at 5800 Race St Philadelphia Pa 19139 in Philadelphia, PA, our team is dedicated to helping you navigate your financial needs. Let's work together to ensure your business thrives! For more information, give us a call at (215) 471-8514.

Comprehensive List Of Services

Business Banking Services

If you're a business owner, you'll appreciate our tailored business banking services. From merchant services that streamline payment processing to business loans that help fund your next big project, we are committed to supporting local businesses in Philadelphia.

Credit Cards and Rewards

Don't forget about our credit cards with rewards! These cards not only provide the purchasing power you need but also offer perks that can enhance your everyday spending. Imagine earning points for every dollar spent, which you can later redeem for travel or merchandise.

Get in Touch

We invite you to visit us at 5800 Race St Philadelphia Pa 19139 or give us a call at (215) 471-8514 during our lobby hours on Monday, Wednesday, and Friday from 10:00 AM to 2:00 PM. Our friendly staff is eager to assist you with any questions you may have about our comprehensive range of services. At Mount Carmel Baptist, we are more than just a credit union; we are your financial partner for life!

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer online and mobile banking services that let you manage your finances anytime, anywhere. Check balances, transfer money between accounts, or pay bills all from the palm of your hand. While we currently don't have ATM services at this branch, rest assured that our digital platforms make accessing your funds easier than ever before.

Personal Banking

When it comes to personal banking, we offer checking and savings accounts that cater to various lifestyles. Imagine having easy access to your funds with no hidden fees, allowing you to save more effectively. If you're thinking about purchasing a new car, our auto loans and vehicle financing options make it simple to drive away in the vehicle you desire without breaking the bank. For those considering homeownership or refinancing an existing mortgage, our mortgage loans are designed to fit your unique situation. We understand that every member has different goals; therefore, our personal loans and debt consolidation options can help you manage expenses or pay off high-interest debts efficiently.

Digital & Online Banking

Convenient Online Access

While we currently do not offer online banking through , we are committed to providing a user-friendly experience in other ways. Our approach to banking emphasizes security and convenience, ensuring that your financial information is protected while you manage your accounts effortlessly.

Focus on Security

We take your security seriously. Although electronic signature authorization isn't part of our current offerings, we strive to keep your data safe through robust protocols. Your peace of mind is important to us as you navigate through our banking services. In conclusion, even without extensive digital features like those found at other institutions, Mount Carmel Baptist aims to provide a dependable and supportive banking environment. We're here for you during our lobby hours Monday, Wednesday, and Friday from 10 AM to 2 PM ready to assist you with all your personal banking needs.

Real-Time Account Management

Imagine having access to your accounts anytime you need it. While features like e-statements, mobile payments, and person-to-person transfers are not available at this time, we focus on delivering a reliable service that meets your banking needs. You can still reach out to our team for any assistance, as we prioritize making your banking experience straightforward and effective.

Financial Strength

Commitment to Growth

With $157,617 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 your financial goals across various sectors with $39,800 in total loans and leases. Our operational efficiency is reflected in our $6,559, which enables 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 0 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Member-Focused 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.

Solid Financial Health

With a net worth of $164,176, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,438 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trustworthy Partnership

Total Share and Deposit Accounts: 108, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments stand at $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mount Carmel Baptist is your trusted partner. Visit us at 5800 Race St Philadelphia Pa 19139 or call (215) 471-8514 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? While we currently have no funds allocated for new or used vehicle loans, our auto loans typically offer some of the lowest rates in the industry. We encourage you to stay connected with us as we continually work to expand our lending options.

Mortgage Loans

Thinking about homeownership? Although we currently do not offer mortgage options like Junior Lien 1-4 Family Residential Properties loans, we're committed to providing our members with resources and guidance as they prepare for this significant step. Keep an eye on our future offerings for opportunities in this area.

Refinancing and Eligibility Options

If you're considering refinancing your existing loans or exploring eligibility options for future borrowing needs, we're here to assist you. Our team can provide personalized guidance based on your specific situation and financial goals. Our 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 any questions or if you would like more information about our services, feel free to reach out at 215-471-8514. We're located at 5800 Race St, Philadelphia, PA 19139, and our lobby hours are Monday, Wednesday & Friday from 10:00 AM to 2:00 PM. Your financial journey matters to us, and we're here to support you every step of the way!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. While we presently have no outstanding amounts in this category, it's essential to know that when available, these loans can help you manage your finances effectively.

Loan Aggregator

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MOUNT CARMEL BAPTIST FEDERAL CREDIT UNION - Philadelphia, PA