Polam Credit Union Redwood City CA | Best Auto Loans & Business Banking

Introduction

Welcome to Polam, your trusted credit union located at 770 Marshall St, Redwood City, CA 94063. Established in 1973, we have proudly served our community for over four decades, building strong relationships with our members and offering personalized financial solutions tailored to their needs. With a total membership of 3,394 and assets totaling $74,380,698, we're committed to ensuring your financial health and well-being. At Polam, we understand that every member's journey is unique. That's why our dedicated team of 21 employees, led by CEO Mark Chrzanowski and Board President Andrzej Wolny, works diligently to provide a range of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking solutions. We aim to empower you with the financial tools necessary for achieving your goals. Our commitment goes beyond numbers. With total deposits of $1,064,443 and net worth standing strong at $10,527,777, we prioritize the security and growth of your investments. Plus, with cash in hand amounting to $756,598, we're here to support you whenever you need it. While members can visit us at our branch location in Redwood City, official correspondence should be sent to the same address: 770 Marshall St, Redwood City, CA 94063-1846. Whether you're looking for assistance with loans or seeking guidance on saving strategies, our friendly staff is always ready to help. Feel free to call us at (650) 367-8940 or explore more about our services on our website polamfcu.com. Join us today and experience the Polam difference!

Branch History & Mission

Join Us Today!

While our official mailing address is the same as our physical location 770 Marshall St, Redwood City, CA 94063-1846 we invite you to visit us at our branch where friendly faces await you. You can also reach us at (650) 367-8940 for any inquiries or assistance. At Polam, we understand that banking is about building relationships based on trust and transparency. We invite you to join our family and experience the benefits of being a member of Polam Credit Union. Together, let's build a brighter financial future!

Our Commitment to Community

Polam isn't just a credit union; we are your neighbors. Our dedicated staff works tirelessly to ensure that every member feels valued and supported. Whether you need help with your first home purchase or guidance on managing debt, we are here for you. We also participate in various community outreach programs that aim to uplift local residents through education and financial literacy initiatives. As technology evolves, so do we. Polam has embraced digital advancements to enhance member experience through features like online banking, mobile payments, and electronic statements. While many aspects of banking have moved online, our commitment to personal service remains unchanged. With operating hours designed for your convenience Monday through Friday from 9 AM to 6 PM and Saturday from 9 AM to 1 PM we strive to be accessible when you need us most.

Branch Location & Accessibility

A Range of Services Just for You

At Polam, we offer a variety of services tailored to meet your financial goals. From checking and savings accounts to auto loans and mortgages, we've got you covered. We also provide business banking services, online and mobile banking options, and even shared services for members of partner credit unions. While we currently do not have ATM or drive-thru services on-site, our friendly staff is always ready to help you with cash withdrawal transactions inside the branch. If you have any questions or need assistance, don't hesitate to reach out! Call us at 650-367-8940 or come visit us today! We look forward to welcoming you into our Polam family!

Banking Hours That Fit Your Schedule

We know your time is valuable. That's why we offer flexible operating hours: Monday through Thursday from 9 AM to 4 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Whether you're stopping by during your lunch break or after work, we're here to assist you with all your banking needs.

Easy Access and Parking

At Polam, we prioritize accessibility for all our members. Our branch is fully ADA compliant, featuring ramps and easy entry points for everyone. There is ample parking available nearby, so you won't have to worry about finding a spot when you visit us.

Member Eligibility

At Polam, we believe in the power of community and welcome you to join our family. Becoming a member is easy and opens the door to a range of financial benefits designed just for you. To be eligible, you simply need to live, work, worship, or attend school in the communities we serve. This means that if you're part of our vibrant Redwood City area or surrounding neighborhoods, you can enjoy all that Polam has to offer. Once you're ready to take the next step, opening an account with us is straightforward. You can visit us at our branch located at 770 Marshall St Redwood City Ca 94063 or give us a call at (650) 367-8940 for any questions. For more detailed information on eligibility and how to get started, feel free to check out our website at . We're excited to welcome you into our credit union family where your financial goals are our priority!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to loans, we offer merchant services that simplify payment processing. Imagine a local café using our services to accept payments seamlessly while focusing on serving delicious coffee. We provide tools that help businesses like yours thrive without worrying about payment hassles. Located at 770 Marshall St Redwood City Ca 94063, in the heart of Redwood City, CA, we're here to support your unique business needs. Reach out to us at (650) 367-8940 to discover how we can help your business reach its full potential!

Supporting Your Business Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $8 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $3,586,286, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Solutions

For small business owners, Polam offers robust Business Banking services, including merchant services that make payment processing easy and efficient. Our Business Loans are tailored to help entrepreneurs grow their ventures without the hassle often associated with traditional lending institutions.

Credit Cards & Rewards

We know that rewards matter! Our Credit Cards with Rewards program allows you to earn points on every purchase, giving back to you as you spend. This card is perfect for those who enjoy travel or shopping and want to make the most of their everyday purchases.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why Polam provides comprehensive Online and Mobile Banking features. With these tools, you can manage your accounts anytime and anywhere check balances, transfer funds, or pay bills all from the comfort of your home or on-the-go. We also support features like ATM & Cash Withdrawal Services for easy access to your funds when you need them.

Personal Banking Services

Navigating your finances can be overwhelming, but at Polam, we simplify the process with our personal banking options. Our Checking and Savings Accounts cater to different lifestyles, whether you're saving for a dream vacation or managing everyday expenses. If you're considering a new vehicle, our Auto Loans and Vehicle Financing make it easy to drive away in the car you want without breaking the bank. For those looking to buy a home or refinance an existing mortgage, we offer Mortgage Loans and Refinancing solutions that are designed with competitive rates and flexible terms. Additionally, if you find yourself facing unexpected expenses, our Personal Loans and Debt Consolidation options can provide you with the support you need to regain control over your finances.

Shared Branch Transactions

If you're a member of a partner credit union, you'll appreciate our basic shared branch transactions that allow deposits and withdrawals without needing to visit your own branch. This service extends your access and makes banking even more convenient. At Polam in Redwood City, we prioritize making financial management straightforward and accessible for everyone. No matter what stage you're at in life whether starting out in your career, raising a family, or planning for retirement we're here to support you every step of the way. Ready to take the next step? Visit us today at 770 Marshall St, call us at 650-367-8940, or explore more about our services on our website: Polam. Your journey towards better financial health begins here!

Digital & Online Banking

Key Features

With our 24/7 online banking services, you can check balances, transfer funds, and pay bills with just a few clicks. Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick. Plus, if you're always on the move, our mobile application lets you manage your accounts right from your smartphone. You can even make mobile payments seamlessly, making shopping more convenient than ever.

Security and Convenience

Your security is our top priority. With electronic signature authorization available, signing documents is as easy as a few taps on your screen no need for printing or faxing. We also provide e-statements so you can keep track of your finances without the clutter of paper. Our user-friendly interface ensures that even those new to online banking can navigate with ease. You'll have real-time access to your account information, helping you stay informed and in control of your finances. Experience the convenience of modern banking with Polam. Visit us at https://polamfcu.com/ today and discover how easy managing your money can be!

Financial Strength

Commitment to Growth

With $10,527,777 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is reflected in $1,036 in used auto loans and $63,416,457 in total loans and leases, supporting members' financial goals across various sectors.

Growing Membership Base

We currently serve 3,394 members through 6,333 total share accounts, showing a strong and growing member base that trusts us with their finances. Additionally, net shares available for lending stand at $2,463,245, further underscoring our commitment to providing robust financial solutions. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Polam is your trusted partner. Visit us at 770 Marshall St Redwood City Ca 94063 or call (650) 367-8940 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $7,923,265 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,242,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is evident with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 14 full-time employees and 7 part-time employees who are always ready to assist you with knowledgeable service.

Our Solid Financial Health

With a net worth of $10,527,777, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,415 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 $4,941,521 in used vehicle loans and $2,764,344 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, our team is here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $3,586,286 provide the capital needed to grow and expand. We know how important it is for businesses to have financial support when they need it most.

Credit Lines

Additionally, we offer credit lines up to $5,000,000, giving you flexibility for unexpected expenses or planned purchases. Whether you are considering refinancing an existing loan or exploring eligibility options for any of these products, our dedicated team at Polam is ready to help. For more information about our loan offerings or to speak with one of our friendly representatives, feel free to contact us at 650-367-8940 or visit us at 770 Marshall St, Redwood City, CA 94063. 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 Polam, we are committed to providing our members with the financial tools they need for success.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $8,404,799, make buying or refinancing simple. We can guide you through the process and help you understand your eligibility options to ensure you find the best fit for your budget.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $168,318 in loans helping members manage their finances effectively. This product is designed for those looking for easy access to funds without needing collateral.

Loan Aggregator

Call to Action

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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 ). This ensures fair and transparent offers for consumers seeking loans. LendMesh takes pride in offering: - Verified Data: Loan offers come from legitimate financial institutions, ensuring transparency and reliability. - No Sponsored Listings: Unlike other comparison tools, LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing them to make well-informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how our platform empowers individuals to save money while navigating the complex loan landscape.

POLAM FEDERAL CREDIT UNION