Park Credit Union Berea KY | Affordable Auto Loans & Personal Banking

Introduction

Welcome to Park Community Credit Union, your trusted financial partner in Berea, Kentucky. Located at 501 Walnut Meadow Rd, Berea, KY 40403, our branch has been serving our community since 1955. With a dedicated team of 279 employees, we proudly support over 75,252 members with a commitment to personalized service and community impact. At Park, we understand that managing finances can be daunting. That's why we offer a wide range of services designed to make banking easy and accessible for everyone. From checking and savings accounts to auto loans and mortgages, our diverse offerings cater to your unique needs. As of now, our total assets stand at an impressive $1,315,394,664, with total deposits reaching $48,141,098. While members can visit us at our Berea location, official correspondence should be sent to the same address: 501 Walnut Meadow Rd, Berea, KY 40403. Our CEO, Jana Erny, along with Board President Bobby Willoughby, leads our organization with a vision focused on member satisfaction and community growth. We invite you to experience the difference that comes from being part of a credit union that truly cares about its members. Whether you're looking for guidance on loans or simply want to discuss your financial goals, our team is here for you. Don't hesitate to reach out at (859) 986-0664 or visit us online at Park Community Credit Union for more information. Join us today and let's build a brighter financial future together!

Branch History & Mission

Community Engagement

At Park Credit Union, community involvement is at the heart of what we do. We regularly participate in outreach initiatives aimed at giving back to Berea and surrounding areas. Whether it's sponsoring local events or partnering with schools for financial literacy programs, we take pride in playing an active role in bettering our neighborhoods. With total assets amounting to over $1.3 billion, we have the resources needed to support our members while remaining dedicated to responsible lending practices. Our drive-thru service and ATM availability offer additional convenience for those who prefer quick transactions. As we look forward to the future, we invite you to join us at Park Credit Union. Experience firsthand how our member-focused approach can help you navigate your financial journey successfully. Connect with us today at 859-986-0664 or explore more about joining our community online at Park Community. Together, let's build a brighter financial future!

Our Mission

Our mission is simple yet impactful: to provide exceptional financial services while supporting the growth and well-being of our community. We are committed to offering personal banking solutions such as checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards. Furthermore, we strive to empower local businesses through merchant services and business loans. We believe in making banking accessible to everyone. That's why we embrace digital advancements like online banking and mobile payments to ensure our services are available anytime and anywhere. Our facilities are ADA compliant, ensuring everyone can take advantage of our offerings without barriers.

Branch Location & Accessibility

Welcome to the Park Credit Union, located at 501 Walnut Meadow Rd in beautiful Berea, Kentucky! Our branch is conveniently situated near local landmarks, making it easy for you to stop by while running errands or enjoying a day out. Whether you're heading to the nearby Berea College or exploring the shops downtown, we're right where you need us. At our Berea Office, we pride ourselves on providing accessible services to all our members. With ample parking available and features that meet ADA compliance standards, visiting us is a breeze. Our friendly staff is always ready to assist you with your banking needs, whether you prefer to walk in or use our drive-thru service. We understand that your time is valuable. That's why we offer convenient operating hours tailored to fit your schedule: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM. If you need quick access outside of these hours, we also have an ATM available for your convenience. While members can visit us at 501 Walnut Meadow Rd, official correspondence should be sent to the same address as our mailing address: 501 Walnut Meadow Rd, Berea, KY 40403. For any questions or assistance, feel free to call us at 859-986-0664. We invite you to come in and explore the range of services we offer at Park Credit Union. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we're here to help you achieve your financial goals. We look forward to welcoming you soon!

Member Eligibility

Becoming a member of Park feels like stepping into a community that truly cares about your financial well-being. If you're looking to join us at our welcoming location on 501 Walnut Meadow Rd Berea Ky 40403, you'll be pleased to know that eligibility is straightforward and inclusive. Anyone who lives, works, worships, or attends school in the area can become a part of our family. It's all about building connections and supporting one another through life's financial journeys. Joining Park not only opens the door to various banking services but also grants you access to personalized support tailored just for you. Plus, as a member, you'll enjoy competitive rates on loans and savings accounts, along with the peace of mind that comes from being part of a trusted institution. To learn more about specific eligibility criteria or to get started, visit us at http://www.parkcommunity.com/join or give us a call at (859) 986-0664. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, we offer essential merchant services that make daily transactions smoother for business owners. From easy payment processing to online banking capabilities, we help you manage your finances effortlessly. Picture this: you serve a customer who wants to pay via card. With our reliable merchant services, you can accept payments seamlessly, allowing you to focus on what truly matters growing your business. Visit us at 501 Walnut Meadow Rd Berea Ky 40403 in Berea, KY or give us a call at (859) 986-0664 to discover how our tailored solutions can work for you!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $385 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $180,869,774, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

Small business owners can take advantage of our Business Banking services, including Merchant Services & Business Loans tailored to help grow your venture. We know how hard you work, and we're here to support you every step of the way.

Convenient Access

While visiting us in person is always welcome during our lobby hours Monday through Friday from 9 AM to 5 PM (and extended hours until 6 PM on Fridays) you can also enjoy the ease of digital banking from anywhere. Our basic drive-thru banking makes quick transactions like deposits and withdrawals simple and efficient. With an experienced team ready to assist you and a commitment to serving our members, we invite you to explore all that Park has to offer. Have questions? Don't hesitate to reach out at (859) 986-0664 or visit us online at Berea Office. Your financial success is just around the corner!

Credit Cards and Rewards

For those who love rewards, we offer Credit Cards with Rewards programs that let you earn points on every purchase. Picture yourself enjoying perks while managing everyday expenses; it's just another way we put more value back in your pocket.

Home Financing

If owning a home is part of your dream, look no further than our Mortgage Loans & Refinancing services. We understand that buying a home is one of the biggest decisions you'll make. Our knowledgeable team will guide you through every step of the process to ensure that you find the right mortgage solution for your situation.

Personal Banking

Our personal banking options include Checking & Savings Accounts that help you manage your money easily and effectively. Imagine enjoying the flexibility of accessing your funds anytime through our Online & Mobile Banking services. This means you can check balances, transfer money, and pay bills right from your phone or computer. Plus, our ATM & Cash Withdrawal Services allow you to access your cash conveniently whenever needed. When life brings unexpected expenses, our Personal Loans & Debt Consolidation options can be a lifesaver. You can simplify your finances by combining multiple debts into one manageable payment. If you're considering buying a car, our Auto Loans & Vehicle Financing provide competitive rates and flexible terms to get you on the road without breaking the bank.

Digital & Online Banking

Key Features

Our online banking platform provides you with real-time account management, allowing you to check balances, transfer funds, and pay bills with just a few clicks. You can also enjoy the ease of e-statements, which means no more paper clutter and instant access to your financial statements. Plus, if you need to sign documents quickly, our electronic signature authorization lets you do so securely from your device. For those who prefer to bank on-the-go, our mobile application is available for download, making it simple to manage your money right from your smartphone. You can even make mobile payments and send money easily through our person-to-person transfer feature.

Security and Support

We take your security seriously. Our digital banking services use advanced encryption technology to protect your information. So whether you're checking your balance or making a payment, you can feel confident that your data is safe. With all these features at your fingertips, Park empowers you to take control of your finances while providing the support you need. Join us today and experience the benefits of modern banking!

Financial Strength

Community Trust

Total Share Accounts stand at 164,053, showing a strong and growing member base that trusts us with their finances. Our Net Shares (funds available for lending and investments) amount to $6,344,541, underscoring our ability to meet your borrowing needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Park is your trusted partner. Visit us at 501 Walnut Meadow Rd Berea Ky 40403 or call (859) 986-0664 to learn more about how we can help you achieve your financial goals.

Investments in Your Future

Our commitment to you is reflected in our $116,507,934 in undivided earnings, which we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $6,050 in used auto loans and $957,584,818 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $350,292,546 in share certificates and $142,089,259 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $7,839,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our financial efficiency is evident with a net income of $1,970,203, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 268 full-time employees and 11 part-time employees who are always ready to serve you with knowledge and dedication.

Strong Financial Health

With a net worth of $247,416,542, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 18.81% 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 provide some of the lowest rates in the industry. With over $95,708,997 in used vehicle loans and $36,926,637 in new vehicle loans already helping members get on the road, we're here to make your car-buying experience simple and affordable.

Business Loans

For business owners looking to expand or grow their ventures, our outstanding commercial loans totaling $180,869,774 provide the capital needed for various business needs. At Park, we strive to make your borrowing experience as seamless as possible. We also offer refinancing options to help you save money or adjust your payments based on your current situation. To learn more about eligibility or start an application today, feel free to contact us at (859) 986-0664 or visit our website at Park Community. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your financial well-being is our priority!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $105,636,841. We simplify the process of buying or refinancing your home so you can focus on what matters most creating memories in your new space.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans. With a total of $13,419,095 in loans available, our credit cards help members manage their finances effectively while enjoying rewards and benefits tailored just for you.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate 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), ensuring fair and transparent offers. This commitment to accuracy means users can trust that the information they receive is up-to-date and reliable.

PARK FEDERAL CREDIT UNION - Berea, KY

Type of Loan Offerings

Personal Loans

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Loan rates in Berea, KY (40403)