Peopleschoice Credit Union Biddeford ME | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Peopleschoice, your trusted financial partner located at 369 Elm St, Biddeford, ME 04005. Since our establishment in 1963, we have dedicated ourselves to serving the community and providing a range of financial solutions tailored to meet your needs. With a strong membership base of over 20,756 individuals, we pride ourselves on our commitment to fostering financial well-being among our members. At Peopleschoice, our total assets stand at an impressive $364,352,031, reflecting our stability and trustworthiness in the banking sector. We are proud to offer loans totaling 13,081, ensuring that whether you're looking for a new vehicle or planning for home improvements, we have options to help you achieve your goals. Our total deposits amount to $7,284,354, demonstrating the trust our members place in us. Under the leadership of CEO Luke Labbe and Board President Lisa Parker, we strive not only to provide top-notch financial services but also to contribute positively to our community. Our dedicated team of 64 employees is here to assist you with personalized service and expert advice. While members can visit us at 369 Elm St, official correspondence should be sent to P.O. Box 463, Biddeford, ME 4005. Whether you're interested in personal banking solutions like checking accounts and auto loans or business banking services, we are equipped to meet your needs. Explore what we have to offer by visiting our website at peopleschoicecreditunion.com or give us a call at 207-284-8483. We invite you to become part of the Peopleschoice family today!

Branch History & Mission

Community Engagement

Our roots run deep within Biddeford as we actively participate in local events and initiatives that strengthen our community ties. We understand that supporting local causes not only benefits those in need but enriches us all as residents of this vibrant city.

Join Us Today!

As we look toward the future, we invite you to be part of our continuing story. Experience firsthand the benefits of membership at Peopleschoice Credit Union where your financial well-being is our top priority. Visit us during our operating hours (M-Th 8:00am to 4:00pm; F 8:00am to 5:00pm; S 8:00am to Noon) or call us at 207-284-8483 for more information. Become a member today and discover how we can help you achieve your financial goals while supporting each other in this wonderful community!

Our Journey

From humble beginnings, Peopleschoice has evolved into a trusted financial partner for many families and businesses in Biddeford and surrounding areas. Our branch is conveniently located at 369 Elm St, making it accessible to all who need our services. You can also reach us by mail at P. O. Box 463, Biddeford, ME 0405 for any official correspondence. Over the years, we've made strides to enhance our offerings and adapt to the changing needs of our members. We are proud to provide a range of services that include personal banking options like checking and savings accounts, auto loans, mortgage financing, personal loans, and business banking solutions. Our commitment extends beyond just numbers; it's about building relationships within our community.

Our Mission

At Peopleschoice Credit Union, our mission is simple yet impactful: to empower our members with the financial tools they need while fostering a spirit of community support. We believe that everyone deserves access to reliable financial services without the barriers often found in traditional banking institutions. This commitment drives us to ensure that every interaction is meaningful and beneficial. We also prioritize innovation and accessibility. Our digital advancements allow members to engage with their finances through online banking and mobile applications. Whether it's checking your balance or applying for a loan from the comfort of your home, we make it easy for you.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility matters. Our branch is designed with features that cater to everyone, including ADA compliance and ramps for easy entry. We also offer ample parking spaces nearby, ensuring you can visit us without any hassle.

Call to Action

If you're looking for a credit union that values convenience and accessibility, come visit us at the Peopleschoice branch! For any inquiries or assistance, feel free to call us at 207-284-8483. We look forward to seeing you soon!

Operating Hours & Services

At Peopleschoice, we strive to make banking convenient for you. Our lobby hours are Monday through Thursday from 8:00 AM to 4:00 PM, Friday from 8:00 AM to 5:00 PM, and Saturday from 8:00 AM to noon. Whether you're stopping by for personal banking services like checking and savings accounts or need assistance with auto loans and mortgage refinancing, we're here to help! For those who prefer not to enter the building, our drive-thru service allows you to conduct basic transactions without leaving your vehicle. Plus, you can enjoy the convenience of our ATM services right on-site.

Member Eligibility

At Peopleschoice, we believe that everyone deserves a supportive financial community, and joining us is as easy as it gets! To become a member, you simply need to meet our eligibility criteria, which warmly welcomes individuals who live, work, worship, or attend school in the areas we serve. This means if you're a local resident or connected to our community in any way, you're likely eligible to join us at Peopleschoice. You can find all the detailed eligibility requirements by visiting this link. Once you're ready to take the next step, opening an account is straightforward and quick! Just visit our account opening page at this link or give us a call at (207) 284-8483 for assistance. Our friendly team is here to help guide you through the process so that you can start enjoying the benefits of being part of Peopleschoice right away. We can't wait to welcome you into our family!

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 $23 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 $9,989,463, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Beyond loans, we offer merchant services that simplify transactions and enhance cash flow. Imagine being able to accept payments seamlessly from your customers, whether they're paying with a credit card or mobile wallet. This convenience can significantly boost customer satisfaction and loyalty, allowing you to focus on what matters most growing your business. Ready to take your business to the next level? Visit us at 369 Elm St Biddeford Me 04005 in Biddeford, ME, or call us at (207) 284-8483 to learn more about how we can partner in your success!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're planning to purchase a new car or refinance an existing loan, our Auto Loans & Vehicle Financing options make the process simple and stress-free. With flexible terms and competitive rates, you can hit the road in no time without breaking the bank.

Business Banking

If you're a business owner, we haven't forgotten about you! Our Business Banking services include merchant services and business loans designed to help your enterprise thrive. We know how vital it is to have a reliable partner in your corner as you navigate the world of business finance.

Credit Cards with Rewards

Our Credit Cards with Rewards program allows you to earn points on everyday purchases. Whether it's groceries or gas, you'll be rewarded for spending wisely. Plus, enjoy peace of mind with features like fraud protection and easy online management.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking solutions so you can manage your accounts anytime, anywhere. Need cash? Our ATM services provide quick access for withdrawals and balance checks whenever you need them.

Drive-Thru & Shared Branch Transactions

For those who prefer face-to-face interactions, our Drive-Thru Banking allows for quick deposits and withdrawals without leaving your vehicle. Additionally, through our shared branch transactions, members can access basic banking services at partner credit unions across the country. At Peopleschoice in Biddeford, ME, we pride ourselves on being more than just a credit union; we're a community partner committed to helping you achieve financial success. If you have any questions or would like more information about our services, feel free to reach out at 207-284-8483 or visit us online at peopleschoicecreditunion.com. Let us help you take control of your finances today!

Mortgage Loans & Refinancing

For those looking to buy a home or refinance their existing mortgage, we provide comprehensive Mortgage Loans tailored to fit your budget. Our experienced staff will guide you through each step, ensuring you find the best mortgage solution for your future.

Personal Banking

We understand that managing your finances can be a challenge. That's why we offer Personal Banking options such as checking and savings accounts designed for every lifestyle. Imagine having an account that not only keeps your money safe but also helps you grow it through competitive interest rates.

Personal Loans & Debt Consolidation

Sometimes life throws unexpected expenses your way. Our Personal Loans are designed to help you cover those costs or consolidate debt into one manageable payment. We're here to help lighten your financial load and get back on track.

Digital & Online Banking

Key Features

One of the standout features is our mobile application. Available for download, it puts the power of banking in your pocket. Whether you're out shopping or relaxing at home, managing your money has never been simpler. Plus, with our mobile payments feature, you can make secure transactions right from your phone, allowing for quick purchases without the hassle of cash or cards. We also offer electronic signature authorization, making it easy for you to sign documents digitally. No need to visit the branch; you can complete important transactions from home. Additionally, enjoy the convenience of e-statements that keep your financial information organized and accessible. If you need to send money to friends or family quickly, our person-to-person transfers allow for instant sharing of funds directly from your account. It's a fast way to handle those little emergencies or share expenses.

Security and Accessibility

Your security is our top priority. Our online banking services are equipped with robust security measures to protect your personal information while providing a seamless experience. You can rest easy knowing that your data is safe as you navigate through your accounts. In summary, Peopleschoice makes banking convenient and secure with its suite of digital services. Experience real-time account management and effortless transactions that fit into your busy lifestyle! For more details on how to get started, visit us at https://www.peopleschoicecreditunion.com/ today!

Financial Strength

Commitment to Service

We also take pride in having 64 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members.

Member Savings and Investments

Members' savings are secured through $127,120,721 in share certificates and $22,066,005 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.

Our Financial Health

With a net worth of $27,186,637, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $746 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

With $4,216 in used auto loans and $269,228,213 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Total Share and Deposit Accounts stand at 48,690, 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, Peopleschoice is your trusted partner. Visit us at 369 Elm St Biddeford Me 04005 or call (207) 284-8483 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 $69,256,764 in used vehicle loans and $19,051,816 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to ensure you get the best deal possible.

Business Loans

For business owners, our outstanding commercial loans totaling $9,989,463 provide the capital needed to grow and expand. We understand that running a business comes with unique challenges, and we're committed to supporting local entrepreneurs with tailored financial solutions. If you're interested in any of these loan options or would like more information about refinancing or eligibility options, feel free to reach out! You can contact us at (207) 284-8483 or visit us at our branch located at 369 Elm St Biddeford Me 04005 in Biddeford, ME. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help you take the next step toward achieving your financial dreams!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $13,019,638 in loans helping members manage their finances effectively. This option is great for those who want to consolidate debt or cover unexpected expenses without breaking the bank.

Credit Lines

In addition to our loan offerings, we have credit lines available totaling $108,542,855. These lines of credit provide easy access to funds when you need them most, making it easier to manage cash flow and handle larger purchases without stress.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $14,548,562, make buying or refinancing simple. Whether you're looking for your first home or need to refinance an existing loan, our team is here to guide you through every step of the process.

Loan Aggregator

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Ensuring Accurate Comparisons

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Take Action Today

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.

PEOPLESCHOICE CREDIT UNION