PECO Credit Union Mineral Wells TX | Affordable Auto Loans & Business Banking

Introduction

Welcome to Peco Federal Credit Union, your trusted financial partner located at 6201 Highway 180 E, Mineral Wells, TX 76067. Since our establishment in 1957, we have been committed to serving our community with a personal touch and reliable financial services. With over 824 members, we pride ourselves on building strong relationships that foster financial growth and stability. At Peco, we understand that financial needs can vary widely, which is why we offer a diverse range of products tailored for every member. Whether you're looking for checking and savings accounts, auto loans, mortgage options, or personal loans, we've got you covered. Our total assets exceed $4,054,714, reflecting our strength and commitment to providing exceptional service. Additionally, with total deposits of $193,017, we ensure that your money is safe and sound. Our leadership team is dedicated to your success. Under the guidance of CEO Dale Young and Board President Kenneth Greenleaf, Jr., we work tirelessly to create an environment where every member can thrive. Our small but dedicated team of just 3 employees is here to assist you during our lobby hours from Monday to Friday, 10 A.M. to 5 P.M. While you can always visit us at our branch location for assistance, please note that any official correspondence should be sent to our mailing address: 6201 Hwy 180 East, Mineral Wells, TX 76067. Join us today and experience the Peco difference! Call us at 940-325-8900 for more information or stop by to speak with one of our friendly staff members about how we can help you achieve your financial goals. We look forward to welcoming you into our family!

Branch History & Mission

Community Impact

Our efforts extend beyond traditional banking; we actively engage in partnerships and outreach initiatives within the Mineral Wells area. By supporting local events and organizations, we aim to strengthen our community ties and contribute positively to the lives of our neighbors. Although we currently do not offer ATM or drive-thru services, we are committed to providing exceptional customer service inside our branch. Our friendly team is always ready to assist you with your financial needs. As we look toward the future, we invite you to join us on this journey. Experience firsthand the benefits of being part of Peco Federal Credit Union where your success is our priority. Whether you're looking for personal financing options or want to learn more about becoming a member, give us a call at (940) 325-8900 today! Together, let's build a brighter financial future.

Our Mission

At Peco Federal Credit Union, our mission is simple yet powerful: to provide accessible financial services while enriching the lives of those we serve. We believe that everyone deserves a chance to thrive financially. This belief drives us to offer a variety of personal banking options such as checking and savings accounts, auto loans, mortgage loans, and business banking services. We are dedicated to ensuring that our members have the resources they need for their financial journeys. Our operating hours from Monday to Friday, 10 A.M. to 5 P.M., make it easy for you to visit us and explore how we can assist you. While members can visit us at 6201 Highway 180 E Mineral Wells Tx 76067, official correspondence should be sent to 6201 Hwy 180 East, Mineral Wells, TX 76067.

Branch Location & Accessibility

Easy Access for Everyone

Our branch is equipped with accessibility features, ensuring that everyone can comfortably access our services. With ample parking available right outside, you won't have to worry about finding a spot when you stop by. While we currently do not offer drive-thru banking or ATM services, our dedicated team is ready to assist you inside during regular lobby hours from Monday through Friday, 10 A.M. to 5 P.M.

Reach Out Anytime

Whether you have questions about personal banking options like checking and savings accounts or need assistance with auto loans and mortgage refinancing, we are here for you. Feel free to give us a call at 940-325-8900 if you need immediate assistance or would like to schedule a visit. While members can visit us at 6201 Highway 180 E, official correspondence should be sent to the same address as our mailing address is also 6201 Hwy 180 East, Mineral Wells, TX 76067. We invite you to come in and explore how Peco Federal Credit Union can help you achieve your financial goals. Our friendly staff looks forward to welcoming you!

Member Eligibility

Becoming a member of Peco is like joining a close-knit family that values your financial well-being. If you live, work, worship, or attend school in the area around 6201 Highway 180 E Mineral Wells Tx 76067, you're already on the right path to membership! Our community-oriented approach means we welcome individuals who share our commitment to making sound financial choices. Plus, as a member, you'll enjoy benefits like personalized service and access to a variety of banking products tailored just for you. To learn more about the specific eligibility criteria, feel free to visit this resource: . It offers all the details you need to ensure you're ready to take the next step. Once you're set, opening an account is simple! Just give us a call at (940) 325-8900 or stop by our branch during operating hours from Monday to Friday, 10 A.M. to 5 P.M., and we'll guide you through the process with a smile. Join us at Peco and start enjoying all the advantages of being part of our supportive community!

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 make daily transactions easier for your business. Imagine having a reliable partner that simplifies payment processing, allowing you to focus on what matters most running your business. From card processing solutions to secure transaction methods, we ensure that you have the tools necessary to thrive in today's market. Visit us at 6201 Highway 180 E Mineral Wells Tx 76067 in Mineral Wells, TX, or call us at (940) 325-8900 to learn more about how our business banking services can help you achieve your goals.

Comprehensive List Of Services

Business Banking Solutions

If you're a business owner, you'll appreciate our comprehensive Business Banking services. From merchant services that facilitate transactions to Business Loans designed to help you grow, we are here to support your entrepreneurial journey.

Digital Convenience

In today's fast-paced world, convenience is key. That's why we offer Online & Mobile Banking services that allow you to manage your accounts anytime, anywhere. Although we currently do not have ATM access at this branch, our digital banking features ensure you can handle transactions on-the-go effortlessly.

Get Started Today!

With so many options available, we're excited to help you find the right financial solutions for your needs. To learn more about how Peco can assist you, give us a call at (940) 325-8900 during our lobby hours from 10 A.M. to 5 P.M., Monday through Friday. Visit us today and experience the personalized service and community spirit that sets us apart!

Personal Banking Services

At Peco, we understand that managing your personal finances can be overwhelming at times. That's why we offer Personal Banking solutions that include checking and savings accounts tailored to fit your lifestyle. Imagine having easy access to your funds whenever you need them, whether it's for everyday purchases or saving for a special occasion. Are you in the market for a new car? Our Auto Loans & Vehicle Financing options make it simple to get behind the wheel of your dream vehicle without breaking the bank. We also provide Mortgage Loans & Refinancing, ensuring you can find the right home financing solution that suits your budget. For those unexpected expenses or projects, our Personal Loans & Debt Consolidation services help streamline your finances and give you peace of mind. And if you're looking to reward yourself, check out our Credit Cards with Rewards, offering benefits that fit your spending habits.

Digital & Online Banking

Accessibility and Ease of Use

Managing your money has never been easier with our user-friendly online banking interface. You can view your accounts in real-time, helping you stay on top of your finances without any stress. Plus, our team is always here to assist you should you have any questions or need guidance. Join us at Peco and take advantage of these digital services that make banking simpler and more efficient. We're committed to providing a seamless experience that meets all your banking needs!

Key Features

Though we currently don't offer mobile payments or a dedicated mobile application, you can still enjoy 24/7 access through our online banking system. You can perform person-to-person transfers effortlessly, making it easy to send money to friends or family without the need for cash. Security is always a top priority for us. While we do not support electronic signature authorization at this time, rest assured that your data is protected with the highest standards of security measures in place.

Financial Strength

Member-Centric Focus

Members' savings are secured through $0 in share certificates and $0 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.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. Additionally, we take pride in having 3 full-time employees and 0 part-time employees who are dedicated to serving you with knowledge and care.

Reinvestment for Growth

With $524,431 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to supporting your financial goals is reflected in our offerings; with $75 in used auto loans and $2,339,362 in total loans and leases, our lending capacity supports your needs across various sectors.

Strong Financial Health

With a net worth of $524,431, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,293 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trustworthy Partnership

Total Share and Deposit Accounts: 894, showing a strong and growing member base that trusts us with their finances. This trust allows us to build lasting relationships within the community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Peco is your trusted partner. Visit us at 6201 Highway 180 E Mineral Wells Tx 76067 or call (940) 325-8900 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $931,199 in used vehicle loans and $871,390 in new vehicle loans already helping members get on the road. Whether you're looking for a reliable used car or a brand-new model, we have flexible financing solutions to fit your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not have Junior Lien 1-4 Family Residential Properties loans available, our team can help you explore alternative financing methods that suit your circumstances.

Refinancing and Eligibility Options

If you're considering refinancing your existing loans or exploring eligibility options for any of our products, our knowledgeable staff is here to assist you. We want to ensure that you find the best financial solution that meets your individual needs. For any inquiries or assistance regarding our loan offerings, feel free to reach out to us at 940-325-8900 during our operating hours from Monday to Friday, 10 A.M. to 5 P.M. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Peco, we're committed to providing our members with reliable information and excellent service as they navigate their financial journeys.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, though currently, we do not have any active loans in this category. If you are looking for ways to manage your finances effectively without collateral requirements, stay tuned as we update our offerings.

Loan Aggregator

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PECO FEDERAL CREDIT UNION - Mineral Wells, TX

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