Novation Credit Union Oakdale MN | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Novation Credit Union, your trusted financial partner since 1954! Located at 500 Imperial Ave N, Oakdale, MN 55128, we pride ourselves on building strong relationships with our members and the community. With over 17,173 members and total assets of $229,053,941, we are committed to providing personalized banking solutions tailored to meet your needs. At Novation, we understand that financial success is built on trust and reliability. Our dedicated team of 35 employees, led by CEO Michael Kronebusch and Board President Mary Edinger, is here to support you in achieving your financial goals. Whether you're looking for personal banking options like checking and savings accounts or loans for auto financing and mortgages, we have a range of services designed just for you. While you can visit us at our branch location, official correspondence should be directed to the same address: 500 Imperial Ave N, Oakdale, MN 55128-7151. We also offer online banking services for your convenience, allowing you to manage your finances anytime, anywhere. With a net worth of $22,094,328 and a commitment to supporting our community, we are proud to be a member-focused credit union. We invite you to explore all that Novation Credit Union has to offer. Feel free to reach out at 651-739-8080 for any questions or stop by during our lobby hours from Monday through Friday between 8:30 AM and 5:00 PM. Join us today and experience the difference of being part of the Novation family! For more information about membership eligibility or to learn more about our services, visit our website at Novation.org.

Branch History & Mission

Welcome to Novation Credit Union, a pillar of financial strength and community support in Oakdale, MN. Established in 1954, our branch has a rich history rooted in the mission to provide exceptional financial services while empowering our members. Over the years, we have proudly grown to serve over 17,000 members and manage assets totaling more than $229 million. Located at 500 Imperial Ave N, our branch is easily accessible for residents in Oakdale and surrounding areas. With convenient operating hours from Monday to Friday, 8:30 AM to 5:00 PM, we strive to be there for you when you need us most. Our drive-thru service and ATM availability add further convenience for those on the go. At Novation, our mission is simple yet impactful: to enhance the financial well-being of our members by offering a range of personalized services including checking and savings accounts, auto loans, mortgage options, personal loans, and credit cards with rewards. We believe that everyone deserves access to quality financial resources that help them achieve their goals. We are proud of our commitment to the community. Over the years, we have partnered with various local organizations to support initiatives that foster growth and well-being within Oakdale. Whether it's sponsoring community events or providing educational resources, we are dedicated to making a positive impact. In addition to our traditional services, we embrace modern banking solutions such as online banking, mobile payments, and electronic statements, ensuring that managing your finances is as easy as possible. We prioritize accessibility for all our members by adhering to ADA compliance standards. While members can visit us at 500 Imperial Ave N, official correspondence should be sent to 500 Imperial Ave N, Oakdale, MN 55128-7151 if needed. Our team is always ready to assist you; feel free to reach out at 651-739-8080 with any questions or concerns. Join us at Novation Credit Union today! Experience firsthand how we can help you navigate your financial journey with confidence and care. Together, let's build a stronger community where everyone thrives. For more information about membership eligibility or to get started, visit our website.

Branch Location & Accessibility

Accessibility Features

At Novation Credit Union, we prioritize accessibility for all members. Our branch is ADA compliant with features such as ramps and designated parking spots to ensure that everyone can easily access our services. We want to make sure that every visit is convenient and comfortable for you.

Call to Action

Ready to experience personalized banking? We invite you to visit us at Novation Credit Union today! If you have any questions or need assistance before stopping by, feel free to give us a call at 651-739-8080. We look forward to serving you soon!

Operating Hours

We know how busy life can get! That's why we're open Monday through Friday from 8:30 AM to 5:00 PM. Whether you need to open a new account or discuss loan options, our dedicated staff is here to assist you during these hours.

Services Offered

Our location offers a variety of services tailored to meet your personal and business banking needs. From checking and savings accounts to auto loans and mortgages, we have something for everyone. Plus, enjoy the convenience of our drive-thru banking for quick deposits and withdrawals without having to leave your vehicle. And don't forget about our ATM services available onsite perfect for those times when you need cash on the go!

Member Eligibility

At Novation, we believe that becoming a member is like joining a family that genuinely cares about your financial well-being. If you live, work, or worship in the Oakdale area or have a family member who is already a member, you're likely eligible to join us! This inclusive approach means we welcome a diverse range of individuals into our community. You can explore the specific eligibility requirements in detail at this link. Once you've confirmed your eligibility, opening an account with us is straightforward and can be done by reaching out at 651-739-8080. Our friendly team is ready to assist you in taking this exciting step toward better banking!

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. - 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 addition to loans, we offer merchant services that streamline payment processing for your business. Imagine having a reliable partner that simplifies transactions for both you and your customers. From credit card processing to mobile payments, our services ensure you can accept payments easily and efficiently, allowing you to focus on what matters most growing your business. Visit us at 500 Imperial Ave N Oakdale Mn 55128, Oakdale, MN, or call us at (651) 739-8080 to learn more about how Novation can be your trusted partner in business banking!

Comprehensive List Of Services

Business Banking Solutions

Running a business comes with its own set of challenges, and at Novation, we are here to support local entrepreneurs. Our business banking services include merchant services that simplify transactions for your customers and business loans designed to fuel your growth. We aim to provide the financial tools necessary for your success.

Convenient Digital Features

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking platforms so you can manage your finances anytime, anywhere. With features like mobile payments and person-to-person transfers, handling your money has never been easier. Need cash? Our ATM services allow for quick withdrawals and balance checks without stepping into the branch. And if you prefer face-to-face interactions, our drive-thru banking provides a simple way to handle deposits and withdrawals on-the-go.

Get Started Today!

At Novation, we're committed to being more than just a financial institution; we're your partner in achieving financial wellness. With our comprehensive list of services tailored for both personal and business needs, along with the convenience of digital banking options, there's no better time to join us. Have questions or want to learn more? Call us at (651) 739-8080 or visit our website at https://novation.org/ today! Join us on this journey toward better financial health your future starts here!

Personal Banking Services

We understand that managing your finances can be overwhelming, which is why our personal banking services are designed with you in mind. From checking and savings accounts that help you grow your money to auto loans and vehicle financing options that make purchasing a car more affordable, we've got you covered. If you're thinking about buying a home, our mortgage loans and refinancing options can guide you through the process with competitive rates and personalized support. For those times when unexpected expenses arise, our personal loans and debt consolidation services offer flexible solutions to help you get back on track. Plus, enjoy the benefits of credit cards with rewards that allow you to earn while you spend.

Digital & Online Banking

Convenient Online Services

Our 24/7 online banking services allow you to check your account balance, transfer funds, and pay bills with just a few clicks. Whether you're at home or on the go, accessing your accounts is easy and hassle-free. Plus, with features like electronic signature authorization, you can complete important transactions quickly without the need for paper forms.

Go Mobile

Our mobile application takes convenience to the next level. You can make mobile payments, check balances, and even send money directly to friends or family through our person-to-person transfer feature. Imagine being able to handle all your banking needs right from your phone!

Security You Can Trust

Security is a top priority for us at Novation. We employ robust measures to ensure that your personal information remains safe while using our digital services. Our user-friendly interface makes it easy for anyone to navigate their accounts confidently. In summary, Novation is committed to providing you with flexible and secure banking options that fit into your everyday life. Explore all that our digital banking services have to offer today!

Stay Updated with E-Statements

Say goodbye to cluttered mailboxes! We provide e-statements so you can view your account statements online whenever you need them. This not only keeps things organized but also enhances security by reducing the risk of sensitive information being lost or stolen.

Financial Strength

At Novation, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength reflects our commitment to serving you effectively and reliably. With a net worth of $22,094,328, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $989 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Members' savings are secured through $10,425,737 in share certificates and $19,066,090 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. With $18,052,104 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 $2,845 in used auto loans and $165,718,783 in total loans and leases across various sectors. Our operational efficiency is evident through our $1,855,206, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 32 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share Accounts stand at 30,114, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Novation is your trusted partner. Visit us at 500 Imperial Ave N Oakdale Mn 55128 or call (651) 739-8080 to learn more about how we can help you achieve your financial goals.

Loan Offering

Additional Support

If you're a business owner seeking financial support for expansion or operations, we also cater to commercial needs with various services (though currently there are no outstanding commercial loans). Our goal at Novation is to ensure that whether it's through an auto loan, mortgage financing, or personal credit solutions, you feel confident in managing your finances effectively. For more details on eligibility and how to apply for any of these products, feel free to reach out at 651-739-8080 or visit us at 500 Imperial Ave N Oakdale MN 55128. 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're here to help you navigate your financial journey!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $37,193,413 in used vehicle loans and $24,024,840 in new vehicle loans already helping members get on the road. Whether you are purchasing a brand-new model or a reliable used car, we can tailor an auto loan solution just for you.

Credit Lines and Personal Loans

For those looking for additional flexibility, we have total credit lines amounting to $24,580,899 available. This means you can borrow as needed while only paying interest on what you use. Additionally, our unsecured credit card loans total $8,279,547, providing our members with effective solutions for managing everyday expenses without the burden of 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 $24,074,442, making it easier for you to secure your dream home. If you're considering refinancing your current mortgage, we also provide options to help you lower your monthly payments or access cash for renovations.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to sourcing ensures that users receive fair and transparent offers.

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