Introduction
Welcome to Planters Federal Cu, your trusted partner in financial wellness since 1973. Located at 245 Culloden St, Suffolk, VA 23434, we take pride in offering a range of personalized banking services tailored to meet the unique needs of our 424 members. Our commitment to community is reflected not just in our service, but also in our robust financial standing, with total assets reaching an impressive $2,617,840 and total deposits amounting to $1,464,059. At Planters, we understand that every financial journey is different. Whether you're looking for personal banking solutions like checking and savings accounts or need assistance with auto loans and mortgages, our dedicated team is here to support you every step of the way. Under the leadership of our CEO, Linda Taylor, and Board President, Larry Thompson, we strive to create a welcoming environment where members feel valued and supported. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 245 Culloden St, Suffolk, VA 23434. If you have any questions or need assistance, don't hesitate to reach out to us at 757-925-3100 during our lobby hours: Monday, Tuesday, and Thursday from 9:00 AM to 3:00 PM. Join us at Planters Federal Cu where we prioritize your financial success and well-being!
Branch History & Mission
Community Engagement
Planters believes in giving back to Suffolk. Our efforts include organizing local events and partnering with organizations that share our vision of community improvement. We understand that when our members thrive, so does our entire community. While members can visit us at 245 Culloden St, official correspondence should be sent to 245 Culloden St, Suffolk, VA 23434 if necessary. Join us today at Planters and discover how we can help you achieve your financial goals while being part of something bigger a credit union that cares about its members and its community. Call us at 757-925-3100 for more information or simply drop by during our lobby hours. Your journey towards better banking starts here!
Our Mission
At Planters, our mission is simple yet impactful: we strive to provide exceptional financial services while fostering strong community ties. We offer a range of personal banking solutions including checking and savings accounts, auto loans, mortgage loans, personal loans for debt consolidation, and credit cards with rewards. Our commitment goes beyond just banking; we aim to uplift our community through various outreach programs and partnerships that make a difference in the lives of our members. As we have evolved over the years, we have embraced digital advancements to ensure our services remain accessible. While we currently do not offer online banking or ATM services, we are dedicated to meeting our members' needs by providing personalized service and support.
Branch Location & Accessibility
Convenient Access and Amenities
At Planters, we understand the importance of accessibility. Our branch features ADA-compliant entrances and ramps to ensure everyone can visit us comfortably. While there isn't an ATM on-site or drive-thru service available, our friendly team is ready to assist you inside during our operating hours: Monday, Tuesday, and Thursday from 9:00 AM to 3:00 PM. If you're planning to visit us for banking needs, you'll find ample parking available right outside our doors. We strive to create a welcoming environment where all members feel valued and supported.
Join Us Today!
We invite you to stop by Planters Federal Credit Union and discover how we can support your financial journey. Whether you're looking for a loan or simply want to explore your options, we're excited to assist you! Come visit us today!
Stay Connected
While you're welcome to visit us at our branch for all your banking needs, please remember that official correspondence should be sent to our mailing address at 245 Culloden St, Suffolk, VA 23434, as it remains the same as our physical location. For any questions or assistance, don't hesitate to reach out! You can give us a call at 757-925-3100. Our dedicated staff is here to help you navigate through personal banking services like checking and savings accounts, auto loans, mortgage options, and more.
Member Eligibility
Becoming a member of Planters is like joining a close-knit community that's dedicated to your financial well-being. If you're in the Suffolk area and share our commitment to serving others, you may be eligible for membership! At Planters, we welcome individuals who live, work, worship, or attend school in our local community. This means whether you're a long-time resident or new to the area, there's a good chance you can join us. Membership brings with it fantastic benefits, from competitive loan rates to personalized service that makes your banking experience truly enjoyable. To get started, simply visit us at our branch located at 245 Culloden St Suffolk Va 23434, or give us a call at (757) 925-3100 for more information. You can also check out the detailed eligibility criteria on our website. We're excited to help you open an account and start your journey with us!
Business Banking & Commercial Services
Business 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 robust merchant services designed to simplify transactions for your business. Imagine having the ability to accept payments effortlessly, whether in-store or online, allowing you to focus on what you do best growing your business. Our services help streamline operations and improve cash flow, making it easier for you to serve your customers and expand your reach. Join us at Planters today and let's work together to unlock your business's full potential! For more information, give us a call at (757) 925-3100.
Comprehensive List Of Services
Business Banking
For our business members, business banking services including merchant services and business loans are available to help grow your enterprise. Whether starting fresh or expanding an existing venture, we're here to support local businesses.
Call to Action
Ready to explore what Planters has to offer? Visit us at 245 Culloden St Suffolk Va 23434, call us at (757) 925-3100, or stop by during our opening hours! We're excited to partner with you on your financial journey!
Credit Options
Don't forget about our credit cards with rewards! These cards not only make everyday purchases easier but also reward you for spending on things you already buy. It's like getting paid back just for living your life!
Digital Convenience
In today's world, convenience matters more than ever. That's why we prioritize digital banking features at Planters Federal Cu. Although we currently do not have ATMs or drive-thru service at this location, we ensure that accessing your accounts is simple through our online platform. You can reach us at (757) 925-3100 during our lobby hours Monday, Tuesday, and Thursday from 9:00 AM to 3:00 PM to discuss any of these services in detail or ask any questions you might have.
Home Financing
For those ready to settle down or upgrade their living situation, our mortgage loans and refinancing options are here to assist. Whether you're buying your first home or refinancing an existing mortgage for better terms, we work closely with you every step of the way. It's about making sure you feel comfortable and informed as you take this important financial step.
Personal Banking
Starting with our personal banking options, we offer checking and savings accounts that cater to everyday financial needs. Imagine having a safe place to store your money while earning interest on your savings. Our accounts come with easy online and mobile banking access, making it convenient for you to manage your finances anytime, anywhere. If you're considering purchasing a vehicle, our auto loans and vehicle financing solutions can make that dream come true. We provide competitive rates to help you get behind the wheel without breaking the bank. Picture yourself driving off in your new car, knowing you secured an excellent deal through us.
Personal Loans
We also recognize that life can throw unexpected expenses your way. That's where our personal loans and debt consolidation services come into play. If you're facing medical bills or need funds for a special project, we offer flexible loan options tailored to fit your needs.
Digital & Online Banking
Key Services
Our online banking platform allows you to view balances, make payments, and transfer funds with ease. While we don't currently offer mobile applications or electronic signatures, our goal is to ensure that managing your money remains simple and straightforward. For more details about our services.
Security & Accessibility
We prioritize your security while providing user-friendly features. Even without e-statements or mobile payments right now, you can feel confident knowing that your personal information is protected. Real-time account management means you're always in control of your finances.
Stay Connected
Although person-to-person transfers aren't available at the moment, our commitment to enhancing our digital offerings continues. We're here to support you every step of the way as we work towards providing even more convenient options for managing your banking needs. In a world where convenience is key, Planters is dedicated to offering accessible solutions tailored for you. Experience the ease of banking from home or on the go!
Financial Strength
At Planters, 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 understand how important it is for you to know that your money is in safe hands, and we're proud to highlight our robust financial health. With a net worth of $522,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 19.98% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. Our commitment to growth is reflected in our $436,259 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $42 in used auto loans and $1,034,229 in total loans and leases, our lending capacity supports your financial goals across various sectors. Additionally, our $2,634 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 1 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share Accounts: 424, 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, Planters is your trusted partner. Visit us at 245 Culloden St Suffolk Va 23434 or call (757) 925-3100 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.* Loan Offering
At Planters, we understand that financial needs vary from person to person. That's why we offer a range of loan products designed to help you reach your goals, whether you're looking for a new vehicle, planning to buy a home, or managing everyday expenses. Located at 245 Culloden St Suffolk Va 23434 in Suffolk, VA, our team is ready to assist you with personalized service and expert guidance. With over 191 loans issued, we've helped thousands of members achieve their financial goals. Our auto loans stand out in the market, featuring some of the lowest rates available. If you're considering purchasing a car, you'll be pleased to know we've already issued $549,966 in used vehicle loans and $73,693 in new vehicle loans to help our members get on the road confidently. For those thinking about homeownership, we provide mortgage options that make buying or refinancing straightforward. Our Junior Lien 1-4 Family Residential Properties loans total $0, which can be a great resource for first-time buyers or those looking to refinance their current mortgage. If you're a business owner, our commercial loan offerings can provide the necessary capital for growth. Although we currently have no outstanding commercial loans, we're here to discuss potential financing options that could benefit your business. Additionally, we offer flexible terms on unsecured credit card loans. While there are currently $0 in unsecured credit card loans available, these products can help our members manage their finances more effectively without the burden of collateral. If you're interested in refinancing any of your existing loans or want to learn more about eligibility options, feel free to reach out to us at (757) 925-3100. Our dedicated staff is available during lobby hours on Monday, Tuesday, and Thursday from 9:00 AM to 3:00 PM to assist with all your inquiries. 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 invite you to explore our loan offerings further and see how we can support you on your financial journey!
Loan Aggregator
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