Norstate Credit Union Eagle Lake ME | Best Auto Loans & Business Banking

Introduction

Welcome to Norstate, your trusted community credit union located at 3333 Aroostook Rd, Eagle Lake, ME 04739. Since our establishment in 1941, we have been dedicated to serving our members with reliable financial solutions and personalized service. With a total membership of 14,300, we pride ourselves on building strong relationships that foster community growth and member success. At Norstate, we understand that every financial journey is unique. Our total assets amount to a robust $262,502,660, reflecting our commitment to managing your money safely and effectively. Whether you're looking for auto loans or savings accounts, we have over 11,098 loans and leases available to meet your needs. We also hold deposits totaling $4,337,870, ensuring that your funds are secure and readily accessible. Our experienced team of 84 employees, led by CEO Jeffrey Davenport and Board President Leigh Smith, is here to assist you every step of the way. We offer a range of services including personal banking, business loans, and online banking options for your convenience. You can reach us at 207-444-4545 during our operating hours from Monday to Friday between 9 am and 5 pm. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 3333 Aroostook Rd, Eagle Lake, ME 4739. Join us today and experience the Norstate difference where community matters! For more information or to get started on your financial journey with us, visit our website at Norstate FCU. We look forward to serving you!

Branch History & Mission

Community Engagement

Norstate Credit Union is deeply rooted in its community. We pride ourselves on supporting local initiatives and partnerships that uplift those around us. Whether it's sponsoring local events or participating in outreach programs, we are committed to enhancing the quality of life in Eagle Lake. Our team is made up of dedicated professionals who are here to assist you every step of the way. With operating hours from Monday to Friday, 9 am - 5 pm, we ensure you have access when you need it most.

Join Us!

If you're looking for a credit union that puts its members first and truly cares about your financial well-being, look no further than Norstate Credit Union. Experience the difference of being part of a community-focused institution that prioritizes your needs above all else. Visit us today or call us at 207-444-4545 to learn more about becoming a member and joining the Norstate family!

Our Mission

At Norstate, our mission is clear: to provide exceptional financial services while fostering a sense of community. We understand that banking is about more than just transactions; it's about building relationships. Our goal is to support our members with personal banking solutions like checking and savings accounts, auto loans, mortgage options, and credit cards that come with rewards. We aim to create a welcoming environment where everyone feels valued and heard. Whether you visit us in person or connect through our online banking platform, we strive to make your experience seamless and straightforward. Our branch features an ATM for convenient access and drive-thru banking services for quick transactions. While members can visit us at 3333 Aroostook Rd, official correspondence should be sent to the same address as our mailing address: 3333 Aroostook Rd, Eagle Lake, ME 4739.

Branch Location & Accessibility

Accessibility Features

We prioritize accessibility for all our members. Our branch is ADA compliant, featuring ramps and ample parking to ensure everyone can access our services comfortably. Plus, we have a drive-thru service available for those who prefer the convenience of banking from their vehicles.

Operating Hours

Our doors are open Monday through Friday from 9 AM to 5 PM, allowing you plenty of time to take care of your banking needs during the week. Whether you're stopping by for personal banking services like checking accounts or loans or simply need assistance with online banking, our friendly staff is here to help.

Services Offered

At Norstate, we offer a range of services designed to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. We also provide ATM access and shared branch services for partner credit union members so you can manage your money with ease. If you have any questions or need assistance, don't hesitate to give us a call at 207-444-4545. We look forward to welcoming you at our Eagle Lake Branch! Come visit us soon!

Member Eligibility

At Norstate, we believe that becoming a member is like joining a family that cares about your financial well-being. Whether you're looking to save for the future or need assistance with loans, our doors are open to those who live, work, worship, or attend school in Aroostook County and its surrounding areas. If you're related to someone already a member or share a household with them, you're also welcome to join us! To find out more about specific eligibility requirements, feel free to visit our website at https://www.norstatefcu.org/membership/switch-kit.htm . Joining is easy and straightforward! You can open an account by visiting us at our convenient location: 3333 Aroostook Rd Eagle Lake Me 04739, or check out the details online at https://www.norstatefcu.org/applications/index.htm . If you have any questions or need assistance, don't hesitate to give us a call at (207) 444-4545. We're here to help you take that first step towards financial empowerment with Norstate!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $421 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $31,478,111, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Made Simple

In addition to our loan offerings, we provide comprehensive merchant services that enable you to streamline transactions and enhance customer satisfaction. Imagine having the ability to accept various payment methods seamlessly, allowing your customers to shop conveniently while you focus on what matters most growing your business. Visit us at 3333 Aroostook Rd Eagle Lake Me 04739 in Eagle Lake, ME, or give us a call at (207) 444-4545 to explore how our business banking solutions can support your vision!

Comprehensive List Of Services

Business Banking Support

Entrepreneurs will find a range of solutions under our Business Banking offerings. From Merchant Services that facilitate smooth transactions to Business Loans tailored for growth, we strive to empower local businesses in our community.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. Our Online & Mobile Banking services put control at your fingertips. You can manage your accounts anytime, anywhere whether it's checking balances, transferring funds, or paying bills. And if you prefer cash transactions, we provide easy access through our ATM & Cash Withdrawal Services.

Everyday Transactions Made Easy

At Norstate, we know that everyday banking needs should be simple. That's why we offer basic drive-thru banking for deposits and withdrawals along with shared branch transactions for partner credit union members. Need quick access? Our ATMs allow for straightforward withdrawals and balance checks without any hassle. As a member-focused institution, we're always here to assist you with all your financial needs. If you have questions or need more information about our services, don't hesitate to call us at (207) 444-4545 or visit us during our operating hours from Monday to Friday, 9 am - 5 pm. We invite you to experience the difference at Eagle Lake Branch! Explore how we can help you achieve your financial goals today. Visit us online at our website or stop by our branch!

Personal Banking Solutions

When it comes to managing your money, having the right tools is essential. Our Personal Banking services include checking and savings accounts that make daily transactions simple and stress-free. If you're considering purchasing a new vehicle, our Auto Loans & Vehicle Financing options can help you hit the road in no time. We also offer Mortgage Loans & Refinancing for those looking to buy their dream home or lower their monthly payments. For those who want to consolidate debt or cover unexpected expenses, our Personal Loans are designed to give you flexibility and peace of mind. Plus, don't forget about our Credit Cards with Rewards, which allow you to earn while you spend!

Digital & Online Banking

Key Services

Visit us at https://www.norstatefcu.org/index .shtml to explore our user-friendly online banking platform. Here, you'll find features like e-statements that make it simple to keep track of your transactions without the clutter of paper. If you prefer using your smartphone, our mobile application is available for download, allowing you to bank on the go. You can send money to friends or family quickly and easily with our person-to-person transfer feature. Need to sign a document? Our electronic signature authorization makes it straightforward and secure no more printing or mailing required!

Security and Accessibility

Your security is our top priority. We implement strong measures to protect your information while providing a smooth online experience. Our 24/7 online banking services allow you to manage your accounts in real-time, giving you peace of mind whether you're paying bills or checking your balance. With mobile payments now part of our offerings, you can make purchases directly from your phone without any hassle. It's all about providing options that fit into your lifestyle while ensuring everything remains safe. Whether you're at home or out and about, Norstate is here for all your digital banking needs. Join us today and experience the future of banking!

Financial Strength

Building Trust Through Growth

Total Share and Deposit Accounts stand at 35,130, showing a strong and growing member base that trusts us with their finances. Net Shares (funds available for lending and investments) amount to $528,478. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Norstate is your trusted partner. Visit us at 3333 Aroostook Rd Eagle Lake Me 04739 or call (207) 444-4545 to learn more about how we can help you achieve your financial goals.

Commitment to Stability

With a net worth of $33,230,961, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,263 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 79 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $28,804,045 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 with $1,551 in used auto loans and $184,697,966 in total loans and leases.

Secure Savings Options

Members' savings are secured through $76,182,686 in share certificates and $21,469,338 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $25,435,969 in used vehicle loans and $7,518,113 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable pre-owned vehicle, our financing options can make it more affordable than ever.

Business Financing

For business owners, our outstanding commercial loans totaling $31,478,111 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges and opportunities. That's why we tailor our commercial loan products to meet the specific needs of entrepreneurs in our community.

Credit Lines

Need some extra flexibility? Our total credit lines available amount to $45,730,912, providing you with additional resources for any financial situation that arises. This option allows you to access funds whenever necessary without having to apply for a new loan each time. --- At Norstate in Eagle Lake (3333 Aroostook Rd), ME 04739, we are dedicated to providing personalized service and support throughout your borrowing journey. You can reach us at (207) 444-4545 from Monday to Friday between 9 am - 5 pm for assistance or questions regarding our loan offerings. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore our offerings today and discover how we can assist you on your path to financial success!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $4,538,506, make buying or refinancing simple. We provide competitive rates and flexible terms that fit your budget and lifestyle. If you're considering refinancing your current mortgage, we can also help you explore eligibility options that may save you money over time.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $5,628,612 in loans helping members manage their finances effectively. These cards come with no collateral requirements and provide an easy way to handle unexpected expenses or everyday purchases while building your credit score.

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NORSTATE FEDERAL CREDIT UNION