Power Credit Union Trinidad CO | Affordable Auto Loans & Business Banking

Introduction

Welcome to Power Credit Union! Located at 220 Pine St, Trinidad, CO 81082, we have proudly served our community since 1938. With a strong commitment to our members and a focus on helping you achieve your financial goals, we are here to support you every step of the way. At Power Credit Union, we believe that financial success is a journey best taken together. We currently serve over 12,438 members, offering a wide range of services designed to meet your needs, from personal banking and auto loans to business services. Our total assets amount to an impressive $115,086,810, with total deposits reaching $10,343,677. This solid foundation allows us to provide competitive rates and exceptional service. Our team is led by CEO Vanessa Trexel and Board President Michael Parlipiano, both dedicated to ensuring that every member feels valued and supported. We employ a team of 38 skilled professionals, ready to assist you with everything from opening an account to applying for loans. While members can visit us at our branch location, official correspondence should be sent to the same address: 220 Pine St, Trinidad, CO 81082-2460. We invite you to explore our website at www.powercu.org for more information on our services or feel free to call us at 719-846-3112 during our lobby hours from 8:30 AM to 5:30 PM, Monday through Friday. Join us today and discover how Power Credit Union can help empower your financial future!

Branch History & Mission

Welcome to Power in Trinidad, CO! Since our doors opened in 1938, we have built a legacy rooted in community support and financial empowerment. Over the decades, we have grown alongside our members, evolving from a small credit union to a trusted partner for over 12,438 members today. Our journey reflects not only our commitment to providing excellent financial services but also our dedication to making a positive impact in the communities we serve. Located at 220 Pine St, Trinidad, CO 81082, Power has become a cornerstone of the local community. Our branch is easily accessible and offers essential services like personal banking, auto loans, mortgages, and business banking. We pride ourselves on being part of your daily life and are here to help you navigate your financial journey with ease. At Power, our mission is simple yet powerful: we strive to provide personalized financial solutions that foster growth and security for all our members. We believe in treating every member like family, ensuring that you have access to the resources needed to achieve your goals. Whether it's through basic drive-thru banking services or shared branch transactions with partner credit unions, we are here for you every step of the way. In addition to traditional banking services, we've embraced technology by offering online and mobile banking options that allow you to manage your finances from anywhere. While we do not currently have ATM services at our branch, our drive-thru service ensures that quick transactions are always within reach. While members can visit us at 220 Pine St, official correspondence should be sent to 220 Pine St, Trinidad, CO 81082-2460 if necessary. Our operating hours are convenient as well; we're open Monday through Friday from 8:30 am to 5:30 pm, making it easy for you to stop by or give us a call at 719-846-3112 during those times. As part of our commitment to the community, Power actively engages in outreach efforts and partnerships that support local initiatives. We understand that a strong community leads to strong individuals, which is why we focus on giving back whenever possible. Join us today at Power and experience firsthand the benefits of being part of a credit union that values its members and the communities they live in. Visit us online at powercu.org or check out how easy it is to become a member here. Together, let's build a brighter financial future!

Branch Location & Accessibility

Convenient Access

Our branch is conveniently located near local landmarks that make it easy for you to stop by. With ample parking available and features designed for accessibility such as ADA-compliant ramps everyone can access our services without hassle. Plus, we offer a drive-thru banking option for those on the go, allowing you to handle deposits and withdrawals quickly from the comfort of your vehicle.

Get in Touch

We invite you to come visit us or give us a call at 719-846-3112. Our dedicated team is eager to assist you with any questions or services you may need. Experience the difference at Power Credit Union where community and convenience come together!

Operating Hours

We understand that your time is valuable. That's why our lobby hours are Monday through Friday from 8:30 AM to 5:30 PM. Whether you need assistance with personal banking, auto loans, or mortgage refinancing, we're here during these hours to serve you.

Services Offered

At Power Credit Union, we pride ourselves on offering a variety of services tailored to meet your financial needs. From checking and savings accounts to auto loans and credit cards with rewards, we've got something for everyone. Additionally, we provide basic shared branch transactions for members of partner credit unions, making it even easier for you to manage your finances.

Member Eligibility

Becoming a member of Power is like joining a friendly family that supports your financial journey. If you're living, working, or worshipping in the Trinidad area, you're already on the right track! We welcome anyone who shares our values and seeks to build a brighter financial future. Whether you're looking to open a checking account, apply for an auto loan, or simply want to explore our services, you can find all the details about eligibility on our website at https://www.powercu.org/locate-and-connect/connect/become-a-member.html. The process is simple and inclusive just visit us at our branch located at 220 Pine St Trinidad Co 81082, or give us a call at (719) 846-3112 to get started. You'll find that joining Power not only gives you access to personalized banking solutions but also places you in a community where your needs are prioritized. Check out how easy it is to open an account by visiting http://www.powercu.org/locate-and-connect/connect/become-a-member.html. We're excited to welcome you aboard!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently do not have figures for member or non-member commercial loans, our focus remains on creating pathways for financing that fit your needs. Imagine having access to funds that can help you expand your operations, purchase new equipment, or even hire additional staff our team is here to make those dreams a reality.

Merchant Services

In addition to loans, we offer essential merchant services designed to streamline your transactions. Whether you're a small shop or a larger enterprise, our payment processing solutions ensure that your customers can pay easily and securely. This means faster checkouts and happier customers, allowing you to focus on what really matters growing your business. If you're looking for a partner who truly cares about the success of your business, visit us at 220 Pine St Trinidad Co 81082 in Trinidad or call us at (719) 846-3112. Let's take the next step together!

Comprehensive List Of Services

Additional Services

Need cash? Our basic drive-thru banking allows for quick deposits and withdrawals without leaving your car. Plus, if you're a member of a partner credit union, take advantage of basic shared branch transactions for deposits and withdrawals at our location. Whether it's personal banking needs or business aspirations, Power is here to help every step of the way. If you have any questions or want to learn more about our offerings, feel free to reach out at (719) 846-3112 or visit us online at Pcu-trinidad. Join us today and experience the difference!

Business Banking Services

For our business members, we offer specialized services like merchant services and business loans tailored to help your business thrive. Whether you're just starting out or looking to expand, we have the tools and resources necessary to support your entrepreneurial dreams.

Convenient Digital Banking Options

In today's fast-paced world, convenience is key. That's why Power provides robust online and mobile banking services. With features like e-statements, person-to-person payments, and mobile payments, managing your finances has never been easier. You can access your accounts anytime from anywhere, ensuring that you're always connected to your money.

Personal Banking Solutions

When it comes to managing your day-to-day finances, our personal banking services have got you covered. We offer both checking and savings accounts that are easy to set up and manage. Whether you're saving for a special occasion or need quick access to funds for everyday purchases, our accounts provide the flexibility you need. If you're considering purchasing a vehicle, our auto loans and vehicle financing options make it simple and affordable. Imagine driving off in your dream car with a loan that fits comfortably within your budget! For those looking to buy a home or refinance an existing mortgage, our mortgage loans come with competitive rates and personalized service to guide you through the process.

Support for Your Financial Goals

We know that life can bring unexpected expenses, which is why our personal loans and debt consolidation services can help ease financial burdens. Picture being able to consolidate multiple debts into one manageable payment, allowing you more breathing room in your budget. Additionally, if you're interested in building or enhancing your credit profile, our credit cards with rewards offer great benefits while helping you earn points on everyday purchases.

Digital & Online Banking

Enhanced Security

Security is crucial in today's digital world. That's why we utilize electronic signature authorization for important transactions, giving you peace of mind that your information is protected. Additionally, our person-to-person transfers allow you to send money easily and securely to friends and family with just a few clicks. At Power, we believe managing your finances should be straightforward and hassle-free. Whether you're at home or on the go, our digital banking options provide you with real-time access to your accounts while keeping security at the forefront. Discover how simple banking can be by visiting us online today!

Key Services

With our 24/7 online banking service, you can check your account balance, pay bills, and transfer money without ever needing to step into a branch. Imagine having the power to manage your finances right in the palm of your hand! Plus, our e-statements mean you can view your account statements online whenever you need them, saving both time and paper. For those who enjoy the ease of mobile payments, we're excited to offer that feature as well. You can make purchases quickly and securely using your smartphone. While we currently don't have a dedicated mobile application, our website is fully optimized for mobile use, ensuring you have a smooth experience on any device.

Financial Strength

At Power, 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 are committed to providing a strong and reliable foundation for all your banking needs. With a net worth of $13,794,358, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,195 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 $24,440,933 in share certificates and $22,801,954 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. With $12,580,719 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 robust with $1,586 in used auto loans and $59,970,530 in total loans and leases, supporting members' financial goals across various sectors. Our commitment to efficiency is evident with a net income of $463,551, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 38 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share and Deposit Accounts stand strong at 23,600, showing a growing member base that trusts us with their finances. Our net shares available for lending and investments total $0, further demonstrating our dedication to supporting you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Power is your trusted partner. Visit us at 220 Pine St Trinidad Co 81082 or call (719) 846-3112 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $20,738,090 in used vehicle loans and $2,201,760 in new vehicle loans already helping members get on the road. We provide financing options that suit both new and used vehicle purchases, ensuring you can find a loan that fits your budget and lifestyle.

Credit Lines

If you need extra cash for unexpected expenses or want to consolidate debt, our credit lines are here for you. With $26,149,808 available in credit lines, we provide members with access to funds when they need them most. At Power, we believe in empowering our members through financial education and responsible lending practices. For more information about eligibility and refinancing options, feel free to contact us at (719) 846-3112 or visit us at our branch located at 220 Pine St Trinidad Co 81082 in Trinidad, CO. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your journey toward achieving financial well-being starts here!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $6,709,050, make buying or refinancing simple. We offer flexible terms and competitive rates, making it easier for you to secure your dream home. Plus, if you're considering refinancing your existing mortgage, we have solutions that can help lower your monthly payments.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,800,214 in loans helping members manage their finances effectively. Our credit cards come with rewards that can be beneficial for everyday purchases, giving you more value while maintaining control over your spending.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make 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!" 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 Loan 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 rigorous sourcing process ensures that users receive fair and transparent offers. Each loan comparison reflects up-to-date information, giving you confidence in the choices available.

Power