Peninsula Credit Union Menominee MI | Best Auto Loans & Personal Banking

Introduction

Welcome to Peninsula, your trusted financial partner located at 3700 10Th St, Menominee, MI 49858. Since our establishment in 1941, we have been dedicated to serving our community with a strong focus on member satisfaction and financial well-being. With a total membership of 15,465 and assets exceeding $325 million, we pride ourselves on being a cornerstone of financial support for individuals and families in the Menominee area. At Peninsula, we understand that banking is about more than just numbers; it's about building relationships and supporting our members through life's milestones. With $15,470,503 in total deposits and an impressive loan portfolio totaling 13,688, we are well-equipped to meet your needs, whether you're looking for personal loans, auto financing, or business services. Our net worth stands at $27,843,940, showcasing our solid financial foundation. Led by our CEO James Veneskey and Board President Betty Trudell, our team of 74 dedicated employees is here to assist you. We offer a range of services including checking and savings accounts, mortgage loans, credit cards with rewards, and online banking options. Whether you need to visit us in person or prefer the convenience of digital banking, we have solutions tailored for you. While members can visit us at our branch address, official correspondence should be sent to P.O. Box 367, Menominee, MI 49858-0367. We're always ready to help you navigate your financial journey. Feel free to reach out at (906) 863-5382 during our operating hours from 8:30 a.m. to 5:00 p.m., Monday through Friday. Join us today and experience the Peninsula difference where your goals are our mission! Visit us online at peninsulafcu.com or stop by the branch to learn more about how we can support your financial aspirations.

Branch History & Mission

Welcome to the Peninsula branch, proudly serving the Menominee community since 1941. Over the years, we have grown from a small credit union into a trusted financial partner for over 15,000 members. Our journey reflects our commitment to not just provide financial services but also to uplift and support our community in meaningful ways. Located at 3700 10th St, Menominee, MI 49858, our branch is easily accessible for all your banking needs. As you visit us, you'll find that we are more than just a place to manage your money; we are a hub of support and resources designed with our members in mind. While members can visit us at this location, official correspondence should be sent to our mailing address: P.O. Box 367, Menominee, MI 49858-0367. Our mission at Peninsula is simple yet powerful: to empower individuals and families by providing personalized financial solutions that help them achieve their goals. We believe that everyone deserves access to affordable banking services, whether it's through checking and savings accounts or specialized loans tailored to meet unique needs. With total assets of $325566226, we pride ourselves on being financially sound and capable of supporting our members' aspirations. Our operating hours are convenient too open Monday through Friday from 8:30 a.m. to 5:00 p.m. making it easy for you to drop by or reach out by phone at $9068635382. At Peninsula, we are committed to innovation as well. Our modern digital banking options include online banking and mobile payments, allowing you to manage your finances from anywhere. Additionally, we ensure accessibility with ADA-compliant facilities and offer drive-thru service for quick transactions. Community involvement is at the heart of what we do. We actively participate in local events and collaborate with organizations that share our vision for a thriving Menominee area. This connection helps us understand the needs of our members better and tailor our offerings accordingly. If you're looking for a financial institution that prioritizes its members' needs while making a positive impact in the community, join us today! Experience firsthand the benefits of being part of the Peninsula family your trusted partner in financial success. Visit us online at Peninsula FCU or start your membership application here. Together, let's build a brighter future!

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is important for everyone. Our branch is equipped with ADA-compliant features, including ramps and designated parking spaces to ensure all members can easily access our services. Whether you prefer coming inside or using our drive-thru service, we have you covered.

Contact Us

Have questions or want more information? Feel free to give us a call at 906-863-5382. Our friendly staff is always here to help! We invite you to come by and experience the personalized service that sets us apart from the rest. Join us at the Peninsula Credit Union Menominee Office today!

Operating Hours

Our doors are open Monday through Friday from 8:30 a.m. to 5:00 p.m., allowing you ample time to drop by before or after work. If you're in need of cash outside these hours, you'll be glad to know we also offer ATM services right on-site for quick and easy access.

Services Offered

At the Peninsula Credit Union Menominee Office, we pride ourselves on offering a variety of personal banking options tailored to meet your needs. From checking and savings accounts to auto loans and credit cards with rewards, we have everything you need under one roof. Additionally, our drive-thru banking makes it simple for you to handle deposits and withdrawals without leaving your car.

Member Eligibility

Joining the Peninsula family at Peninsula is more than just opening an account; it's about becoming part of a community that truly cares about its members. To be eligible for membership, you simply need to meet a few friendly criteria, which can include living, working, or worshiping in specific areas, or having a family member who is already a member. It's designed to be inclusive and welcoming! You can find all the details on eligibility by visiting our website at https://www.peninsulafcu.com/membership . Once you see that you're eligible, opening an account is a breeze just head over to https://www.peninsulafcu.com/application and follow the simple steps. If you have any questions or need assistance, feel free to give us a call at (906) 863-5382. We're excited to welcome you to our branch located at 3700 10Th St Menominee Mi 49858, where you'll enjoy personalized service and a range of financial products tailored just for you.

Business Banking & Commercial Services

Merchant Services

In addition to loans, we offer merchant services that simplify payment processing. Imagine a busy café during rush hour; our point-of-sale systems enable quick transactions, letting you serve customers efficiently while keeping track of sales effortlessly. Whether you're a startup or an established firm, our services are designed to help your business thrive. Join us at Peninsula, where your success is our priority! Let's work together to turn your business goals into reality. For more information or to get started, give us a call at (906) 863-5382.

Tailored Business Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $14 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $1 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,898,246, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about getting a new vehicle? Our auto loans and vehicle financing options provide competitive rates designed to fit your budget. Whether it's a brand-new car or a reliable used vehicle, we help simplify the buying process so you can hit the road with confidence.

Business Banking

For entrepreneurs and small businesses, Peninsula offers comprehensive business banking services, including merchant services and business loans. We recognize that running a business comes with its own set of challenges, and we're here to provide the tools and resources necessary for success.

Convenient Access

We also prioritize convenience with features like our ATM services for cash withdrawals and balance checks available at any time. Our basic drive-thru banking allows members to conduct simple transactions without stepping inside the branch during operating hours from 8:30 a.m. to 5:00 p.m., Monday through Friday. At Peninsula in Menominee, MI, we strive not only to meet but exceed your expectations with our extensive suite of services designed for both personal and business needs. Ready to learn more? Give us a call at 906-863-5382 or visit our website at peninsulafcu.com today!

Home Financing

When it comes to securing your dream home, our mortgage loans and refinancing options are here to support you. We understand that purchasing a house is one of the biggest financial decisions you'll make. That's why our knowledgeable staff is ready to guide you through each step, ensuring you find the best mortgage solution for your situation.

Personal Banking

For everyday banking needs, Peninsula offers various checking and savings accounts tailored to fit different lifestyles. Imagine having the flexibility to manage your money with online and mobile banking right at your fingertips. You can check balances, transfer funds, and even deposit checks without ever leaving home. Plus, our credit cards with rewards make every purchase more rewarding.

Personal Loans & Debt Consolidation

Life can be unpredictable. If you're facing unexpected expenses or want to consolidate debt, our personal loans can provide the relief you need. With flexible terms and quick approvals, we make it easier for you to get back on track financially.

Digital & Online Banking

Convenient Online Access

With our online banking platform available at https://www.peninsulafcu.com/ , you can easily manage your accounts with just a few clicks. Check your balances, pay bills, and transfer funds without stepping foot in a branch. Our 24/7 online banking services make it easy to stay on top of your finances whenever it suits you.

Real-Time Account Management

Whether you're monitoring spending or making quick transfers, our digital services give you real-time access to all your financial information. No need to wait for business hours; everything you need is right at your fingertips. Experience the convenience and security of banking with Peninsula today! Visit https://www.peninsulafcu.com/ to explore all our online banking services designed just for you.

Secure and Efficient Transactions

We prioritize the security of your personal information. Our electronic signature authorization allows you to complete transactions safely from the comfort of your home. Plus, with e-statements available, you can keep track of your account activity without the clutter of paper statements.

User-Friendly Mobile Features

For those who prefer banking on their smartphones, our mobile application is here to help! You can deposit checks, make payments using our mobile payments feature, and even send money directly to friends or family with person-to-person transfers. Managing your money has never been more accessible!

Financial Strength

Growing Member Base

Total Share Accounts stand at 42,491, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) amount to $359,856, further illustrating our capability to support your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Peninsula is your trusted partner. Visit us at 3700 10Th St Menominee Mi 49858 or call (906) 863-5382 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $99,083,885 in share certificates and $19,720,995 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $27,345,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $465,601, enabling us to continue offering competitive loan rates and solid financial products for our members. Additionally, we take pride in having 67 full-time employees and 7 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $26,897,586 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 members' financial goals across various sectors with $3,749 in used auto loans and $261,222,665 in total loans and leases.

Solid Financial Foundation

With a net worth of $27,843,940, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $854 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 $52,444,880 in used vehicle loans and $5,631,570 in new vehicle loans already helping members get on the road. We also have refinancing options available for existing auto loans, making it easier than ever to lower your monthly payments or switch to a more favorable rate.

Business Financing

For business owners, our outstanding commercial loans totaling $1,898,246 provide the capital needed to grow and expand. We understand that every business is different; therefore, we offer tailored solutions that fit your specific operational needs. At Peninsula, we are dedicated to helping our members find the right financing solutions. For any questions regarding eligibility or how to apply for our loan offerings, feel free to reach out at (906) 863-5382 or visit us at our branch located at 3700 10Th St Menominee Mi 49858 in Menominee, MI. 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 loan products today and take the next step toward achieving your financial goals!

Credit Lines

Our total credit lines amount to $54,424,139, providing members with access to funds when they need them most. This can be particularly useful for unexpected expenses or planned purchases without having to apply for a separate loan each time.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,417,754, make buying or refinancing simple. We guide you through the entire process, ensuring you understand all your options for financing your dream home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $11,934,258 in loans helping members manage their finances effectively. These cards come with various rewards and benefits, making them a great option for everyday spending and building credit.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions. This ensures transparency and builds trust in the options presented. - No Sponsored Listings: Unlike some comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal here is to provide unbiased results that reflect actual market conditions. - Real-Time Rate Comparisons: The platform features up-to-date loan rates from multiple institutions. This helps users make informed decisions based on current offers rather than outdated information. Thousands of users trust LendMesh for their loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials underscore the effectiveness of this tool in finding competitive rates. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

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 means that when you view loan options on LendMesh, you can trust that the information is accurate and up-to-date.

PENINSULA FEDERAL CREDIT UNION