Natco Credit Union Richmond IN | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Natco, your trusted financial partner located at 582 S Round Barn Rd, Richmond, IN 47374. Since our establishment in 1945, we have proudly served our community with a commitment to providing exceptional financial services tailored to meet the unique needs of our members. With a total membership of 17,390 and assets exceeding $150 million, we are dedicated to fostering financial growth and stability for each individual and business we serve. At Natco, we believe that banking should be personal. That's why our friendly team, led by CEO Cynthia Duke and Board President David Nutty, is here to help you navigate your financial journey with ease. Whether you're looking for checking and savings accounts, auto loans, or business banking solutions, we offer a range of services designed to fit your lifestyle. While members can visit us at our branch location, official correspondence should be sent to our mailing address: P O BOX 817, RICHMOND, IN 47375-0817. Our branch is equipped with an ATM and drive-thru service for your convenience. With total deposits reaching $5,148,477 and cash in hand amounting to $2,396,246, we ensure that your money is secure while also being readily available when you need it. Our strong net worth of $23,952,247 reflects our commitment to maintaining a solid foundation for all our members. We invite you to explore what Natco has to offer. Visit our website at natcocu.org or give us a call at 765-962-2561. Let's work together towards achieving your financial goals!

Branch History & Mission

Welcome to Natco, a credit union with a proud legacy and a deep commitment to the community. Established in 1945, we have been dedicated to serving the financial needs of our members in Richmond, IN for nearly eight decades. Our branch is conveniently located at 582 S Round Barn Rd, making it easy for you to access our services and support. Over the years, Natco has grown significantly, currently boasting a membership of over 17,390 individuals. With total assets reaching $150,402,163, we are well-equipped to provide a range of financial solutions tailored to meet your needs. Our mission is clear: to empower our members through personalized banking experiences while fostering a strong sense of community. At Natco, we understand that banking goes beyond transactions; it's about building relationships and supporting one another. That's why our mission statement emphasizes not only providing exceptional financial services but also actively participating in community outreach and development initiatives. We believe that by investing in our local community, we can create lasting positive change. While you can visit us at our Richmond location for all your banking needs, please note that official correspondence should be sent to our mailing address: P O BOX 817, RICHMOND, IN 47375-0817. In line with modern banking practices, Natco offers digital advancements such as online and mobile banking options. You can access your accounts anytime and anywhere with ease. Plus, we ensure ADA compliance so that everyone can benefit from our services without barriers. Our commitment extends beyond just banking; we strive to provide educational resources and financial literacy programs to help our members make informed decisions about their finances. We also partner with local organizations for various outreach efforts aimed at supporting those in need within our community. We invite you to experience the difference at Natco. Join us today and discover how we can assist you on your financial journey. Whether you're looking for personal banking solutions or business services, we're here for you every step of the way. Visit us during our operating hours Monday through Tuesday & Thursday from 9:00 a.m. - 5:00 p.m., Wednesday from 10:00 a.m. - 5:00 p.m., and Friday from 9:00 a.m. - 6:00 p.m. and take the first step towards achieving your financial goals!

Branch Location & Accessibility

Welcome to the Natco branch, your friendly financial partner located at 582 S Round Barn Rd in Richmond, Indiana. Nestled in Wayne County, our branch is easily accessible and conveniently situated near local landmarks that make it a breeze for you to stop by. Whether you're heading to a nearby shopping center or just passing through the area, we're here to help with all your banking needs. At Natco, we prioritize accessibility for all our members. Our branch features ADA-compliant facilities, including ramps and designated parking spots, ensuring everyone can visit us comfortably. If you need assistance or have questions about our services, feel free to reach out at 765-962-2561. Our friendly team is always ready to lend a hand! We understand that your time is valuable. That's why our operating hours are designed to fit your schedule: we're open Monday, Tuesday, and Thursday from 9:00 a.m. to 5:00 p.m., Wednesday from 10:00 a.m. to 5:00 p.m., and Friday until 6:00 p.m. Plus, with convenient drive-thru banking available, you can quickly handle deposits and withdrawals without leaving your vehicle. For those who prefer cash transactions on the go, we offer ATM services right here at the branch, making it easy for you to access your funds whenever you need them. While members can visit us at the branch address mentioned above, please direct any official correspondence to our mailing address at P O BOX 817, Richmond, IN 47375-0817. We invite you to explore everything Natco has to offer whether it's personal banking solutions like checking and savings accounts or various loan options tailored just for you. Come see us today or give us a call; we look forward to welcoming you into our community!

Member Eligibility

Becoming a member of Natco is like joining a close-knit family where your financial well-being is our priority. If you're looking to join us, you'll be glad to know that eligibility is straightforward and welcoming. We invite individuals who live, work, worship, or attend school in Wayne County, Indiana, to apply for membership. Whether you're a local resident or just someone who connects with our community spirit, we want you here! The advantages of being part of Natco include access to a range of personal banking services tailored to fit your needs. Getting started is easy! Simply visit our website for more detailed eligibility criteria at https://www.natcocu.org/become-a-member/, or feel free to give us a call at (765) 962-2561 if you have any questions. When you're ready to open an account, check out the simple process outlined here: https://app.loanspq.com/apply.aspx?lenderref=natcocu3119&list=vlpl. We can't wait to welcome you into the Natco family!

Business Banking & Commercial Services

Commercial Loans Tailored for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $5 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $189,053, we continue to drive economic growth by financing new and expanding businesses. These loans can be pivotal in securing the resources you need for inventory, equipment, or even expansion into new markets.

Merchant Services That Simplify Transactions

In today's fast-paced world, how you handle payments can make all the difference. Our merchant services provide seamless transaction processing, allowing you to focus on what matters most running your business. Imagine effortlessly accepting payments from customers through various channels while enjoying competitive rates and reliable support. Located at 582 S Round Barn Rd Richmond In 47374 in Richmond, IN, our team is ready to help you navigate your financial needs. Give us a call at (765) 962-2561 to learn more about how we can assist your business today!

Comprehensive List Of Services

Connect With Us!

We invite you to visit us or give us a call at (765) 962-2561 if you have any questions about our services or want to learn more about becoming a member. At Natco, we're here for all your financial needs, ready to help you achieve your goals! For more information about what we offer, please check out our website at https://www.natcocu.org/.

Convenience at Your Fingertips

At Natco, we believe that banking should be as convenient as possible. That's why we offer ATM and cash withdrawal services, along with basic drive-thru banking for quick deposits and withdrawals. Our branch is equipped with an ATM so you can access your funds whenever needed.

Credit Cards and Business Services

Don't forget about our rewarding credit cards! With options that offer rewards on purchases, they are great for everyday spending or special treats. For our members who run businesses, we also provide comprehensive business banking services, including merchant services and business loans. We know how important it is for entrepreneurs to have reliable financial support as they grow their ventures.

Home Financing Made Easy

For those ready to settle down in a new home, our mortgage loans and refinancing options are designed to support you every step of the way. We understand that buying a home is a big decision; that's why we work closely with you to find the right mortgage solution that suits your financial situation. Additionally, if you find yourself needing extra cash for unexpected expenses or consolidating debt, our personal loans and debt consolidation services can provide the relief you need. Our friendly staff is here to guide you through the process and answer any questions you may have.

Personal Banking Solutions

Managing your money should be straightforward and convenient. That's why we offer personal banking services like checking and savings accounts that help you keep track of your finances effortlessly. Imagine being able to check your balance, transfer funds, or pay bills from the comfort of your home using our online and mobile banking platforms. With features like e-statements and mobile payments, staying on top of your finances has never been easier. If you're considering purchasing a new vehicle, our auto loans and vehicle financing options provide competitive rates tailored to fit your budget. Whether it's a new car or a used one, we can help make that dream a reality without breaking the bank.

Digital & Online Banking

Key Services

Visit us at https://www.natcocu.org/ to explore our online banking platform that allows you to check balances, pay bills, and transfer funds with just a few clicks. Our 24/7 online banking services mean you're never far from your financial information. Whether you're at home or on the go, managing your money has never been easier. Need to sign a document quickly? Our electronic signature authorization feature lets you approve important documents right from your device no need for printing or scanning. Plus, with e-statements available, you can view and manage your account statements electronically, saving time and paper while keeping everything organized.

Mobile Features

For even more convenience, download our mobile application. It provides all the functionality of online banking right in your pocket! You can make mobile payments easily and securely, ensuring you're always ready for any purchase without needing cash or cards. If you want to send money to friends or family, our person-to-person transfer feature makes it simple and fast. At Natco, we're dedicated to making banking accessible and user-friendly for all our members. Join us today and take advantage of these innovative digital banking features that prioritize both convenience and security!

Financial Strength

Commitment to Growth

With $22,835,545 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 $4,290 in used auto loans and $109,129,580 in total loans and leases. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 68 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Member Savings Security

Members' savings are secured through $5,877,818 in share certificates and $4,112,342 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $8,716,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Member Trust

Total Share and Deposit Accounts stand at 40,801, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) amount to $1,290, further illustrating our commitment to supporting your financial journey. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Natco is your trusted partner. Visit us at 582 S Round Barn Rd Richmond In 47374 or call (765) 962-2561 to learn more about how we can help you achieve your financial goals.

Strong Financial Position

With a net worth of $23,952,247, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,583 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 $56,909,056 in used vehicle loans and $7,506,309 in new vehicle loans already helping members get on the road. We cater to all types of vehicles, ensuring you find the right financing for your purchase. Plus, if you're considering refinancing an existing auto loan, we have options available that may help lower your payments.

Commercial Loans

For business owners, our outstanding commercial loans totaling $189,053 provide the capital needed to grow and expand. We are committed to supporting local businesses and helping them thrive in our community. At Natco, we prioritize your financial well-being by offering competitive rates and personalized service. If you're unsure about eligibility or want to explore refinancing options, don't hesitate to reach out. You can contact us at (765) 962-2561, or visit us at our branch located at 582 S Round Barn Rd Richmond In 47374 in Richmond, IN. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us assist you on your financial journey today!

Credit Lines and Credit Cards

In addition to auto and mortgage loans, we also provide credit lines with a total of $8,370,000 available to help manage larger purchases or unexpected expenses. For those looking for flexibility in spending, our unsecured credit card loans amounting to $5,676,253 allow you to manage your finances effectively without tying up collateral.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $8,286,715, making it easier for you to settle into your new home. We provide guidance through every step of the mortgage process, from application to closing.

Loan Aggregator

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