Mutual Savings Credit Union Alexander City AL | Best Auto Loans & Business Banking

Introduction

Welcome to Mutual Savings, your trusted financial partner located at 1030 Lee St, Alexander City, AL 35010. Since our establishment in 1936, we have proudly served our community and supported over 19,724 members on their financial journeys. With a strong commitment to reliability and personalized service, we offer a variety of financial products tailored to meet your needs. At Mutual Savings, we believe in empowering our members with the tools they need for success. Our total assets amount to an impressive $230,866,395, reflecting our stability and dedication to your financial well-being. We manage $22,504,966 in deposits and have a robust net worth of $19,918,132 a testament to our responsible management and growth. Our team is led by CEO Kendall Speed and Board President Richard Brooks, who are passionate about fostering a welcoming environment for all our members. With a dedicated staff of 75 employees, we strive to provide exceptional service whether you're seeking a personal loan, mortgage financing, or business banking solutions. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 1030 Lee Street, Alexander City, AL 35010. We invite you to explore the various services we offer from checking and savings accounts to auto loans and credit cards with rewards. Our online banking services ensure you can manage your finances conveniently from anywhere. If you're interested in becoming part of our community or have any questions, don't hesitate to reach out! You can call us at 256-397-0007 or visit our website at Mutual Savings. Join us today as we continue to build a brighter financial future together!

Branch History & Mission

Join Us

As we continue this journey together, we invite you to become part of the Mutual Savings family. Experience firsthand the dedication we bring to each member's financial wellbeing. With a team ready to assist you and services tailored to your needs, there's no better time than now to join us at Mutual Savings. For more information on membership eligibility or to learn about our services, feel free to visit us at Mutual Savings or give us a call at (256) 397-0007. We look forward to welcoming you!

Our Evolution

Located at 1030 Lee St in Alexander City, our branch is not just a place for transactions; it's a hub where relationships flourish. Over the years, we have expanded our services to meet the diverse needs of our members, offering everything from personal banking and auto loans to mortgage financing and business banking solutions. Our drive-thru service and ATM availability make banking convenient for everyone. While members can visit us at 1030 Lee St Alexander City Al 35010, official correspondence should be sent to 1030 Lee Street, Alexander City, AL 35010. We are dedicated to ensuring that every interaction is positive and productive.

Our Mission

At the heart of Mutual Savings is our mission: to provide accessible financial services while uplifting our community. We believe in supporting our members not only through competitive rates and reliable banking options but also by participating in local outreach efforts. Whether it's sponsoring local events or partnering with organizations that share our values, we strive to make a difference beyond just finances. We are proud of our digital advancements as well, which include online banking and mobile access for all members. These tools ensure that you can manage your finances securely and conveniently from anywhere.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind. We have ADA-compliant features including ramps and spacious parking areas, so everyone can easily visit us. Plus, our drive-thru service means you can take care of simple transactions without even leaving your car!

Operating Hours and Services

We're here for you Monday through Friday from 8:30 AM to 5:00 PM. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, our friendly staff is ready to help. Don't forget, we also offer ATM services for quick withdrawals and balance checks.

Your Local Banking Partner

With our commitment to community-focused banking and a range of services tailored to fit your needs, we invite you to stop by or give us a call at 256-397-0007. At Mutual Savings, we're more than just a credit union; we're your partners in achieving financial success! Come visit us today!

Member Eligibility

At Mutual Savings, we believe that joining our community means becoming part of something special. Membership is open to anyone who lives, works, worships, or attends school in the areas we serve. This inclusive approach ensures that more people can benefit from our personal banking services and supportive environment. Whether you're looking for a savings account, an auto loan, or simply want to take advantage of our financial education resources, you'll find a welcoming home with us. If you're ready to take the next step, opening an account is straightforward! You can learn more about the eligibility requirements and the membership process by visiting our website at https://www.mutualsavings.org/mutual-savings-and-you/become-a-member/ . For any questions or assistance, feel free to call us at (256) 397-0007. We're located at 1030 Lee St Alexander City Al 35010, and we can't wait to help you become a part of our family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $23 in commercial loans for our members, helping businesses scale and succeed. This means more than just numbers; it translates into real stories of local entrepreneurs expanding their operations, hiring new staff, and serving their communities better.

Merchant Services

In addition to loans, we offer merchant services designed to streamline your payment processing. Imagine a busy restaurant that needs to accept various forms of payment efficiently our merchant services help ensure that every transaction goes smoothly, allowing you to focus on what matters most: serving your customers. With an outstanding commercial loan portfolio of $4,410,648, we continue to drive economic growth by financing new and expanding businesses right here in Alexander City, AL. Whether you're starting a new venture or looking to expand an existing one, Mutual Savings is here to provide tailored solutions that fit your needs. Come visit us at 1030 Lee St, Alexander City, AL 35010, or give us a call at 256-397-0007 to learn more about how we can help your business thrive!

Comprehensive List Of Services

Accessible In-Person Services

While digital banking is essential, sometimes face-to-face interaction is necessary. Our branch offers basic drive-thru banking for quick deposits and withdrawals without leaving your car, making transactions easy and efficient. With all these offerings available at our location on 1030 Lee St, Alexander City, AL 35010, we invite you to visit us or give us a call at 256-397-0007. Whether you're opening a new account or seeking financial advice, our friendly staff is here to assist you every step of the way. Take charge of your financial future today with Mutual Savings! Visit us online at MutualSavings.org for more information on how we can support your financial journey.

Business Banking Services

For business owners, we know every dollar counts. Our Business Banking services include merchant services and business loans that cater specifically to local entrepreneurs looking to grow their ventures. We are committed to supporting our community's businesses because when they thrive, we all benefit.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. That's why at Mutual Savings, we offer robust Online & Mobile Banking options so you can manage your finances anytime and anywhere. Check balances, transfer funds, and pay bills right from your phone or computer. Plus, our ATM and cash withdrawal services ensure that you have access to your money whenever you need it.

Credit Options Tailored for You

Sometimes life throws unexpected expenses your way. That's where our Personal Loans & Debt Consolidation services come in handy. We work with you to find solutions that fit your financial situation, making it easier to manage those surprises. And don't forget about our Credit Cards with Rewards, which allow you to earn points on everyday purchases perfect for those who love to travel or shop.

Personal Banking Solutions

We understand that managing personal finances can be overwhelming at times. That's why we offer Personal Banking services that include checking and savings accounts designed to fit your lifestyle. Whether you're saving for a dream vacation or simply need a reliable place to keep your money, our accounts come with features that help you track your spending easily. If you're in the market for a new car, our Auto Loans & Vehicle Financing options can get you behind the wheel without breaking the bank. We offer competitive rates and flexible terms to help you drive away happy. Plus, if you're considering buying a home or refinancing your current mortgage, our Mortgage Loans & Refinancing services provide personalized solutions to help you secure the best rates available.

Digital & Online Banking

Key Features

Our online banking service provides 24/7 access to your accounts, allowing you to check balances, pay bills, and transfer funds whenever it suits you. You can even send money directly to friends or family with our person-to-person transfer feature no need for cash or checks! If you prefer keeping track of your finances on the go, our mobile application is here for you. It's user-friendly and packed with features that make managing your money a breeze. Although we currently don't support mobile payments, our app still allows for smooth transactions and real-time account management.

Security & Accessibility

Security is our top priority. While we do not utilize electronic signature authorization at this time, we ensure that all transactions are safe and secure. Plus, with e-statements available, you can view your account statements digitally, reducing paper clutter while keeping your information private and accessible. At Mutual Savings, we strive to provide services that are not only easy to use but also cater to your financial needs. Whether you're at home or out and about, our digital banking options keep you connected and in control of your finances. Join us today and experience banking made simple!

Financial Strength

Focused Investments in Your Future

With $14,326,442 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our ability to provide $139,567,548 in total loans and leases reflects our commitment to supporting your financial goals across various sectors.

Growing Membership Base

Total Share Accounts stand at 38,970, showcasing a strong and growing member base that trusts us with their finances. Our lending capacity supports members' needs across various sectors with a total of 2,004 auto loans currently available. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mutual Savings is your trusted partner. Visit us at 1030 Lee St Alexander City Al 35010 or call 256-397-0007 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Member-Centric Savings Options

Members' savings are secured through $59,316,820 in share certificates and $17,944,747 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 is reflected in our $0 net income, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 74 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $19,918,132, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 862 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 $13,085,849 in used vehicle loans and $14,246,694 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used car, our team is here to guide you through the process.

Business Loans

For business owners looking for funding solutions, our outstanding commercial loans totaling $4,410,648 provide the capital needed to grow and expand your business operations. We understand the unique challenges that come with running a business and are committed to offering support through our lending services.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,194,610, make buying or refinancing simple. We provide competitive rates and flexible terms that cater to your specific situation. Plus, if you're considering refinancing your current mortgage, we can help you explore those options as well.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,256,554 in loans helping members manage their finances effectively. Our credit cards are designed to provide you with convenient access to funds while offering rewards that can benefit you along the way.

Why Choose Us?

At Mutual Savings located at 1030 Lee St Alexander City Al 35010, we pride ourselves on being a trusted partner in your financial journey. If you have questions about eligibility or want to learn more about our refinancing options, feel free to reach out at 256-397-0007. Our knowledgeable staff is ready to assist you during our operating hours from 8:30 AM to 5:00 PM. Remember that performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We are dedicated to providing transparent information so that you can make informed decisions regarding your financial future. Explore how our loan products can serve you today!

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MUTUAL SAVINGS CREDIT UNION