New Horizons Credit Union Mobile AL | Low Mortgage Rates & Auto Loans

Introduction

Welcome to New Horizons, your trusted partner in financial wellness located at 9154 Cottage Hill Rd, Mobile, AL 36695. Established in 1950, we have proudly served our community for over seven decades, growing together with our members and helping them achieve their financial goals. With a strong membership of 22,369 individuals and total assets exceeding $268,601,236, we are committed to providing exceptional service and tailored financial solutions. At New Horizons, we understand that every member's journey is unique. That's why we offer a wide range of products, including personal banking services like checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking options. Our dedication to meeting the diverse needs of our members has resulted in an impressive portfolio of 8,754 loans and leases and total deposits amounting to $1,737,964. Led by our CEO Edith Franklin and Board President Ralph Altice, our team of 75 employees works tirelessly to foster a welcoming environment where members can feel secure about their financial decisions. We take pride in our solid net worth of $26,210,057 and cash reserves of $2,585,257, ensuring we are well-positioned to support you today and into the future. Whether you're looking to open a new account or seek advice on financing options, we're here for you. Feel free to reach out at (251) 316-3240 or visit us online at www.newhcu.org for more information. Remember, while you can visit us at our branch location for all your banking needs, any official correspondence should be sent to the same address: 9154 Cottage Hill Rd, Mobile, AL 36695-9893. Join us at New Horizons where your financial dreams can take flight!

Branch History & Mission

At New Horizons, we take pride in our rich history and unwavering commitment to serving the community of Mobile, Alabama. Since opening our doors in 1950, we have grown from a small financial institution into a trusted partner for over 22,000 members. Our branch, located at 9154 Cottage Hill Rd, Mobile, AL 36695, has become a cornerstone of support for families and individuals seeking financial stability and growth. From the very beginning, our mission has been clear: to provide accessible financial services while fostering a strong sense of community. As we evolved over the decades, we remained focused on our core values of integrity, service, and empowerment. We believe that everyone deserves the opportunity to achieve their financial goals, whether that's through personal banking, auto loans, or business financing. As we celebrate our journey, it's important to highlight some key milestones. Over the years, we've expanded our offerings significantly. Today, our services include checking and savings accounts, mortgage loans and refinancing options, personal loans for debt consolidation, and credit cards with rewards. Our total assets now exceed $268 million, reflecting not just our growth but also the trust that our members place in us. In addition to traditional banking services, we've embraced digital advancements to better serve our members. With online banking options available alongside mobile payments and e-statements, we're committed to making banking convenient and accessible for everyone. Our facilities are ADA compliant to ensure all members can access our services comfortably. We also believe in giving back to the community that has supported us throughout these years. Our outreach efforts include partnerships with local organizations aimed at promoting financial literacy and economic development within Mobile. We understand that when our community thrives, so do we. While you can visit us at 9154 Cottage Hill Rd for all your banking needs from utilizing our drive-thru service to accessing ATM facilities official correspondence should be sent to our mailing address: 9154 Cottage Hill Rd, Mobile, AL 36695-9893. At New Horizons Credit Union, we invite you to join us on this journey towards financial wellness. Experience the difference of being part of a community-focused organization dedicated to your success. Whether you're looking for guidance on managing your finances or simply need a reliable place to save and borrow money, we're here for you every step of the way. Reach out today at 251-316-3240 or visit us online at New Horizons to learn more about how you can become a member and start benefiting from everything we have to offer!

Branch Location & Accessibility

Contact Us

If you have questions or need assistance, don't hesitate to reach out! You can call us at 251-316-3240. Our team is always ready to provide support and guidance as you navigate your financial journey. While members can visit us at 9154 Cottage Hill Rd Mobile Al 36695, official correspondence should be sent to 9154 Cottage Hill Rd, Mobile, AL 36695-9893. We invite you to stop by today and discover how New Horizons can help brighten your financial future!

Nearby Landmarks and Accessibility

Situated near popular spots in Mobile, our branch is easily accessible for everyone. If you're coming from the nearby shopping centers or local parks, you'll find us just around the corner. Parking is available right outside our doors, and we've made sure our facility is ADA compliant, including ramps for easy access.

Operating Hours and Services

We understand that your time is valuable! That's why our lobby hours are designed to fit your busy schedule. Join us from Monday through Thursday between 9:00 AM and 5:00 PM, and on Fridays until 6:00 PM. When you visit, you can take advantage of various banking services from checking and savings accounts to auto loans and mortgage refinancing. We also offer convenient drive-thru banking for quick deposits and withdrawals without leaving your vehicle.

Member Eligibility

At New Horizons, we believe that joining our community should be as welcoming and straightforward as a friendly conversation. If you live, work, worship, or go to school in Mobile County, you're already on the path to becoming one of us! We also welcome family members of current members, making it easy for loved ones to enjoy the benefits of our services. To learn more about what makes you eligible, feel free to check out the details at this link. Becoming a member at New Horizons opens up a world of financial opportunities tailored just for you. From personal banking and auto loans to credit cards with rewards, we strive to make your financial journey smooth and rewarding. If you're ready to take the next step, opening an account is simple! You can find all the information you need at this page. If you have any questions or need assistance, don't hesitate to call us at 251-316-3240. We're here to help you every step of the way!

Business Banking & Commercial Services

Commercial Loan Options

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. Additionally, 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

In today's fast-paced market, having reliable merchant services is crucial. Imagine a bustling café where customers can easily pay using their preferred method be it a card or mobile payment. Our merchant services ensure you have the tools necessary for smooth transactions, allowing you to focus on what matters most: serving your customers and growing your business. At New Horizons, we are here to help your business thrive. Reach out to us today at (251) 316-3240 to learn more about how our services can benefit you!

Comprehensive List Of Services

Additional Services

We also recognize that sometimes you just need quick cash. Our ATM & Cash Withdrawal Services are readily available for easy access to your funds whenever necessary. For those times when you prefer face-to-face interaction, our basic drive-thru banking allows for simple transactions like deposits and withdrawals without leaving your car. At New Horizons, we strive to be more than just a financial institution; we want to be a partner in your journey toward financial wellness. With friendly staff available at our branch in Mobile, AL, feel free to reach out at 251-316-3240 if you have questions or need assistance with any of our services. Ready to take the next step? Visit us online at New Horizons or stop by today! We look forward to serving you and helping you navigate all of life's financial adventures.

Business Banking Options

For entrepreneurs and small business owners, New Horizons provides essential tools through our Business Banking services. With tailored Merchant Services and Business Loans, we help you manage operations smoothly and expand your enterprise confidently.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we proudly offer robust Online & Mobile Banking features that allow you to manage your accounts from anywhere at any time. Whether it's paying bills, transferring funds, or checking balances on the go, our mobile app keeps you connected with your finances securely.

Personal Banking Solutions

We understand that managing your finances can sometimes feel overwhelming. That's why we offer Personal Banking services, including checking and savings accounts designed for easy access and flexibility. Need a vehicle? Our Auto Loans & Vehicle Financing options make it easier than ever to drive off in your dream car without breaking the bank. If you're considering buying a home, check out our Mortgage Loans & Refinancing services, which provide competitive rates to fit your budget.

Support for Your Financial Goals

Life can throw unexpected expenses your way, but we're here to help with our Personal Loans & Debt Consolidation services. These loans can give you the boost you need to cover those surprises or consolidate existing debts into one manageable payment. Plus, our Credit Cards with Rewards allow you to earn points on everyday purchases, making each transaction work for you.

Digital & Online Banking

Key Features of Our Digital Banking Services

One of the standout features at New Horizons is our commitment to security. We prioritize protecting your information while making transactions simple and safe. You can set up e-statements easily, helping you reduce paper clutter while keeping track of your financial activities. And if you're looking for quick ways to send money to friends or family, our person-to-person transfer feature has got you covered! You can also take advantage of mobile payments. With this feature, paying for groceries or dining out becomes as simple as a tap on your phone. No more fumbling for cash or cards; just use our app and enjoy the ease of modern banking. While we currently do not offer electronic signature authorization, we ensure that all other aspects of our online services are secure and reliable. Our goal is to empower you with tools that make managing your money straightforward and efficient. In summary, New Horizons offers a comprehensive suite of digital banking services designed to enhance your banking experience. From real-time account management to convenient payment options, we're here to support your financial journey every step of the way!

Financial Strength

Commitment to Excellence

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 75 full-time employees and 0 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Growing Together

We have built a strong community with a total of 44,290 share accounts. This shows the trust placed in us by our growing member base. Net Shares (Funds available for lending and investments) stand at $0, further showcasing our ability to help you achieve your goals. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, New Horizons is your trusted partner. Visit us at 9154 Cottage Hill Rd Mobile Al 36695 or call (251) 316-3240 to learn more about how we can help you achieve your financial goals.

Investing in Our Future Together

With $22,774,323 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust, with $2,416 in used auto loans and $179,695,476 in total loans and leases available to support your financial needs across various sectors.

Member-Focused Savings

Members' savings are secured through $25,851,795 in share certificates and $9,916,210 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 Foundation

With a net worth of $26,210,057, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $975 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 $42,770,806 in used vehicle loans and $25,092,106 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used option, we can assist you in financing your dream ride.

Credit Lines

For those needing ongoing access to funds for personal or business expenses, our total credit lines amount to $91,030,250. This product provides you with the flexibility to borrow as needed while only paying interest on what you use. At New Horizons, we believe in empowering our members through financial solutions that are easy to access and understand. If you're considering refinancing any existing loans or exploring eligibility options for new ones, our dedicated team is here to guide you through every step of the process. For more information about our loan offerings or to apply today, give us a call at 251-316-3240. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $11,968,911, make buying or refinancing simple. We provide competitive rates and personalized service to help you navigate the home buying process smoothly.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $3,561,360 in loans helping members manage their finances effectively. This is an excellent option for those looking to consolidate debt or make unexpected purchases without the need for collateral.

Loan Aggregator

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New Horizons