Power One Credit Union Rockport IN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Power One, your trusted financial partner located at 2791 N Us Highway 231, Rockport, IN 47635. Established in 1935, our credit union has proudly served the community for over eight decades, providing personalized banking solutions that cater to your unique financial needs. With a robust membership of 1,341 individuals, we are dedicated to enhancing the lives of our members and supporting local growth. At Power One, we understand the importance of reliable financial services. Our total assets amount to a solid $17,208,974, reflecting our commitment to stability and security. We currently manage $524,864 in deposits and have facilitated 1,449 loans for our members, making us an integral part of Rockport's economic landscape. Our leadership team is here to guide you every step of the way. Under the direction of CEO Tameka Garmon and Board President Wally Vandagriff, we ensure that our members receive exceptional service and support. Together with our dedicated staff of 7 employees, we strive to create a welcoming environment where you can achieve your financial goals. While members can visit us at our branch location, official correspondence should be sent to the same address: 2791 N US Highway 231, Rockport, IN 47635. We invite you to explore the variety of services we offer ranging from checking and savings accounts to auto loans and mortgage refinancing designed with your financial success in mind. If you're looking for a credit union that prioritizes your needs and invests in the community, look no further than Power One. For any inquiries or assistance, feel free to reach out to us at (812) 649-6625. We look forward to serving you! Explore more about us on our website: Power One FCU.

Branch History & Mission

Welcome to Power One, where community and financial well-being come together. Established in 1935, our Rockport Branch has a rich history of supporting local residents through their financial journeys. Over the decades, we have evolved from a small credit union to a trusted financial partner for over 1,341 members. Our growth reflects not just our commitment to excellent service but also the strong relationships we've built within the Rockport community. Located at 2791 N Us Highway 231, Rockport, IN 47635, our branch is easily accessible for all your banking needs. Whether you're passing by on your daily commute or visiting nearby landmarks, we are here to serve you. While members can visit us at this address, official correspondence should be sent to the same address as well. At Power One, we pride ourselves on our mission: to provide exceptional financial services while fostering community support. We believe that everyone deserves access to quality banking solutions that empower them financially. Our range of services includes personal banking options like checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. We also cater to businesses with merchant services and business loans. With total assets exceeding $17,208,974, we ensure that our members have a solid foundation for their financial futures. Our commitment extends beyond numbers; it's about helping individuals achieve their goals and dreams. We offer online and mobile banking for convenience, ensuring our members can manage their finances anytime and anywhere. We understand the importance of being part of the community. That's why we engage in various outreach programs and partnerships that benefit local organizations and initiatives. Our team is dedicated not only to providing financial advice but also to making a positive impact in Rockport. Our operating hours reflect our dedication to serving you: Mondays and Fridays from 7 AM to 3 PM, and Wednesdays from 9 AM to 5 PM. Although we currently do not offer ATM or drive-thru services, our friendly staff is always ready to assist you in person. Join us at Power One and discover how we can help you achieve your financial goals while contributing positively to our beloved community. Together, let's build a brighter future! For more information or to get started with your membership journey, please contact us at 812-649-6625 or visit our website here.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is important for all our members. Our location includes ADA-compliant features such as ramps and designated parking spaces, ensuring everyone can access our services comfortably.

Convenient Operating Hours

We're open at times that fit your busy schedule! Visit us Monday and Friday from 7 AM to 3 PM or on Wednesday from 9 AM to 5 PM. Our friendly staff is ready to assist you with personal banking, auto loans, mortgages, and more during these hours.

Get in Touch

Have questions? Feel free to call us at 812-649-6625! We look forward to welcoming you into our branch soon. Stop by and discover how Power One can support your financial goals!

Services Offered

At Power One, we offer a wide range of services tailored for you. From checking and savings accounts to auto loans and credit cards with rewards, we have everything you need under one roof. Plus, enjoy the convenience of online and mobile banking right at your fingertips! Although we currently do not have an ATM or drive-thru service available at this location, our team is always here to assist you directly with any transactions or inquiries you may have.

Member Eligibility

At Power One, we believe that joining our community is a step towards a brighter financial future. Becoming a member is open to anyone who lives, works, worships, or attends school in the area around 2791 N Us Highway 231 Rockport In 47635. This means if you're part of our vibrant local community in Rockport, you're likely eligible! The benefits of membership are plentiful; you'll gain access to personalized financial services, competitive rates on loans, and a supportive team dedicated to helping you achieve your goals. Getting started is easy! You can learn more about the specific eligibility criteria by visiting our website at https://www.poweronefcu.org/membership/. If you're ready to take the next step or have questions, don't hesitate to reach out to us at (812) 649-6625. We're excited to welcome you into the Power One family!

Business Banking & Commercial Services

Business Loans that Fuel Growth

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. Additionally, 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 for Everyday Needs

In today's fast-paced marketplace, having reliable merchant services can make all the difference. Imagine being able to accept payments easily from customers while managing your cash flow efficiently. Our merchant services offer practical solutions tailored to your needs, ensuring you have the tools necessary to run your business smoothly. Located at 2791 N Us Highway 231 Rockport In 47635 in Rockport, IN, we invite you to visit us or call us at (812) 649-6625 to learn how our business banking and commercial services can help turn your business vision into reality.

Comprehensive List Of Services

Business Banking

For small business owners, we provide comprehensive business banking services, including merchant services and business loans. Your success is important to us; we want to see local businesses thrive!

Convenience at Your Fingertips

We understand that convenience matters in today's fast-paced world. That's why Power One offers features like e-statements for easy record-keeping and digital account management tools that make handling finances simple and stress-free. If you're ever in need of assistance or have questions about any of our services, don't hesitate to reach out at 812-649-6625. Our friendly staff is ready to help during lobby hours: Monday and Friday from 7 AM to 3 PM, and Wednesday from 9 AM to 5 PM. Explore all that we have to offer by visiting us online at www.poweronefcu.org. Join us today and experience how we put members first at Power One!

Credit Cards

Don't forget about our credit cards with rewards! These cards not only help build your credit but also offer perks that allow you to earn points on everyday purchases. It's a smart way to manage spending while enjoying some benefits along the way.

Home Financing

For those looking to buy or refinance their home, our mortgage loans are designed with you in mind. With personalized service and expert advice, we'll guide you through each step of the mortgage process so you can feel confident in your decision.

Personal Banking

When it comes to personal banking, Power One offers checking and savings accounts that are tailored to fit your lifestyle. Imagine having easy access to your funds through our user-friendly online and mobile banking services. You can check your balance, transfer money, and manage your accounts from the comfort of your home or on the go. If you're thinking about buying a car, our auto loans and vehicle financing options make it easy to drive away in the vehicle you want. We offer competitive rates and flexible terms so you can find a plan that works for you.

Personal Loans

In times of need, consider our personal loans and debt consolidation options. Life can throw unexpected expenses your way whether it's medical bills or home repairs and having access to quick cash can make all the difference. Our team will work with you to find the best solution for your financial situation.

Digital & Online Banking

Always Accessible

With our digital services, managing your accounts has never been easier. You can enjoy the benefits of mobile payments in the future as we continue to enhance our offerings. For now, rest assured that whether you're checking balances or transferring money, everything is designed to be straightforward and secure. Explore all that digital banking has to offer by visiting us online at https://www.poweronefcu.org/ today! Experience how easy managing your finances can be with Power One.

Key Features

Enjoy the freedom of 24/7 online banking services that allow you to check balances, pay bills, and transfer funds without needing to visit a branch. Whether you're at home or on the go, our user-friendly interface makes it simple for you to stay on top of your financial goals. Our mobile application brings even more convenience to your fingertips. With it, you can make person-to-person transfers easily perfect for splitting dinner bills or sending money to family and friends. Plus, if you're looking for statements, we offer e-statements that keep your documents organized and accessible without cluttering your mailbox.

Security You Can Trust

Security is a top priority at Power One. While we don't currently offer electronic signature authorization, we ensure all transactions are safeguarded with robust security measures so you can bank with peace of mind.

Financial Strength

Growing Membership Base

Total Share Accounts: 2,554, showing a strong and growing member base that trusts us with their finances. Your trust is essential to us, and we work hard every day to earn it. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Power One is your trusted partner. Visit us at 2791 N Us Highway 231 Rockport In 47635 or call (812) 649-6625 to learn more about how we can help you achieve your financial goals.

Lending Capacity to Support You

Our lending capacity is robust, with $369 in used auto loans and $15,088,369 in total loans and leases. Whether you're looking for an auto loan or other financing options, we're here to support your financial goals across various sectors.

Member Savings Security

Members' savings are secured through $2,478,622 in share certificates, offering stable and rewarding financial growth opportunities. While our focus remains on benefiting our members, it's worth noting that we have no non-member deposits ensuring our resources work primarily for you.

Operational Efficiency

Our $0 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 6 full-time employees and 1 part-time employees who are dedicated to serving you with knowledgeable support.

Reinvesting in Our Future

With $2,623,791 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment to continuous improvement ensures that your financial needs are met with modern solutions.

Strong Financial Health

With a net worth of $2,623,791, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,525 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 $4,105,872 in used vehicle loans and $1,204,924 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, we have options that can work for you.

Credit Lines

If you're looking for additional financial flexibility, consider our credit lines totaling $2,450,000. These can provide peace of mind when unexpected costs arise or when you need extra cash for planned expenses. We encourage you to explore all available options with us. If you're considering refinancing or want to check your eligibility for any of our loan products, please reach out to us at 812-649-6625. Our friendly staff is here to guide you through the process and answer any questions you may have. For detailed insights into our performance and services, refer to data from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Power One, we're committed to supporting our members with sound financial solutions tailored just for them.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $66,770, make buying or refinancing simple. We aim to make the process straightforward so you can focus on making your house a home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,443,350 in loans helping members manage their finances effectively. This option provides an easy way to handle unexpected expenses or consolidate debt without tying up your assets.

Loan Aggregator

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Ensuring Accurate Comparisons

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Power One