Preferred Credit Union Hastings MI | Affordable Auto Loans & Business Banking

Introduction

Welcome to Preferred Credit Union, where your financial well-being is our top priority! Located at 329 N Michigan Ave, Hastings, MI 49058, we have been serving our community since 1968. With a total membership of over 24,000 individuals, we pride ourselves on being a trusted partner in helping you achieve your financial goals. At Preferred Credit Union, we understand that life can be unpredictable. That's why we offer a range of services designed to meet your unique needs from personal checking and savings accounts to auto loans and mortgages. Currently, our total assets stand at an impressive $286,611,290, with total deposits reaching $26,196,315. Our commitment to supporting our members is reflected in the over 15,922 loans and leases we have facilitated. Under the leadership of our dedicated CEO, John Yeomans, and Board President Russell Herman, we strive to create a welcoming environment where you can feel secure about your finances. Our team of 77 employees is here to assist you every step of the way. While members can visit us at our Hastings branch for all their banking needs, official correspondence should be sent to the same address: 329 N Michigan Ave, Hastings, MI 49058. You can reach us directly at 269-945-8706 during our operating hours from 9:00 AM to 5:00 PM, Monday through Friday. Discover how Preferred Credit Union can help you navigate your financial journey with confidence. Whether you're looking for a new loan or simply need advice on managing your money better, we are here for you. Visit our website at preferredcu.org or give us a call today!

Branch History & Mission

At Preferred, we believe in the power of community and the impact of financial cooperation. Established in 1968, our Hastings branch has been a cornerstone of support for families and businesses alike in Hastings, MI. Located at 329 N Michigan Ave, we are proud to serve a vibrant community that values collaboration and trust. Over the years, Preferred has grown significantly, now boasting a membership of over 24,113 individuals. Our journey reflects not just growth in numbers but also in the relationships we've built and the lives we've touched. With total assets reaching an impressive $286,611,290, we have continually reinvested in our community to provide better services and opportunities for our members. Our mission is clear: to empower our members with accessible financial solutions while making a positive impact in Hastings and beyond. We focus on providing personal banking services that include checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking solutions. Our commitment extends beyond banking; we actively engage in community outreach programs to ensure that we are supporting local initiatives that matter. While members can visit us at 329 N Michigan Ave, official correspondence should be sent to the same address as our mailing address. We invite you to experience our services during our operating hours from 9:00 AM to 5:00 PM, Monday through Friday. At Preferred, we prioritize accessibility; that's why we offer ATM availability for convenient cash withdrawals and shared service center access for those who bank with partner credit unions. As we continue to adapt to the needs of our members, digital advancements such as online banking and mobile payments make it easier than ever to manage finances from anywhere. Our team is dedicated to ensuring that every interaction is centered around your needs because at Preferred, you are more than just a member; you're part of our family. Join us today and discover how Preferred can help you achieve your financial goals while being an integral part of your community. Together, let's build a brighter future! For more information or to become a member, please reach out at 269-945-8706 or visit us online at Preferred Credit Union.

Branch Location & Accessibility

Address and Mailing Information

You can visit us at our physical location, but if you need to send any official correspondence, please address it to our mailing address: 329 N Michigan Ave, Hastings, MI 49058.

Call to Action

We invite you to come by and experience the friendly atmosphere at our Hastings branch. Have questions? Feel free to call us at 269-945-8706 for more information or assistance. We look forward to welcoming you into our community!

Local Landmarks and Accessibility

Whether you're coming from downtown Hastings or nearby neighborhoods, finding us is a breeze. We're near key landmarks that make your visit easy and familiar. Plus, we prioritize accessibility for all our members. Our facility complies with ADA standards, featuring ramps and spacious pathways to ensure everyone can access our services without hassle.

Operating Hours

We know that life gets busy! That's why we're open Monday through Friday from 9:00 AM to 5:00 PM. Whether you need to deposit a check or discuss loan options, we're here during convenient hours for your schedule.

Services Offered

At the Preferred Hastings branch, we provide a variety of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. Need cash? We have an ATM available right on-site for quick access. While we don't offer drive-thru service at this location, our shared service center allows you to complete basic transactions even if you're a member of another partner credit union.

Member Eligibility

At Preferred, we believe in creating a welcoming community where everyone can thrive. Becoming a member is simple and accessible to many! If you live, work, worship, or attend school in the Hastings area, you're likely eligible to join us. We cherish our members and offer them a variety of financial services tailored to their needs, from checking accounts to auto loans and more. To learn about the specific eligibility requirements, feel free to check out our detailed information at https://preferredcu.org/preferred-banking/become-a-member/. Once you're ready to take the next step toward membership, opening an account is just as easy! You can start your application online through this link: https://loans.itsme247.com/204/home/start/. If you have any questions or need assistance along the way, don't hesitate to reach out to us at (269) 945-8706. We're here to help you every step of the way as you join our wonderful community at Preferred, located at 329 N Michigan Ave Hastings Mi 49058.

Business Banking & Commercial Services

Merchant Services that Work for You

Managing transactions shouldn't be a hassle. Our merchant services streamline payment processing so you can focus on what matters most running your business. From accepting card payments to managing sales efficiently, we provide practical solutions that save you time and enhance customer satisfaction. Reach out to us at 329 N Michigan Ave Hastings Mi 49058 in Hastings, MI, or call us at (269) 945-8706 to learn how we can partner with you on your journey toward success.

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $23 in non-member commercial loans, providing flexible financing solutions. Imagine having the financial backing to expand your operations, purchase new equipment, or even hire additional staff. With our tailored loan options, you can turn your vision into reality.

Comprehensive List Of Services

Auto Loans and Vehicle Financing

If you're in the market for a new vehicle, our Auto Loans & Vehicle Financing options are here for you. Picture driving off in that dream car while enjoying competitive rates and flexible terms that suit your budget. We understand that buying a car is a big decision, and we're here to make it easier.

Business Banking Solutions

For business owners, we provide essential support through our Business Banking services which include Merchant Services & Business Loans. You can focus on growing your business while we take care of your banking needs.

Convenience at Your Fingertips

We also offer convenient access through our ATM & Cash Withdrawal Services, making it easy for you to get cash whenever needed. For members of partner credit unions, basic transactions like deposits and withdrawals are available through our Shared Branch Transactions, allowing for even more flexibility. In addition to these services, enjoy peace of mind knowing that our location offers basic ATM access for withdrawals and balance checks. At Preferred, we pride ourselves on being part of the community since 1968, ensuring that each member feels valued and supported. If you have any questions or need assistance with any service, don't hesitate to call us at (269) 945-8706 or visit us during our operating hours from 9:00 AM to 5:00 PM, Monday through Friday. Explore how we can assist you by visiting us at https://preferredcu.org/ today!

Home Financing

Homeownership is within reach with our Mortgage Loans & Refinancing services. Whether you're buying your first home or looking to refinance an existing mortgage for better rates, we'll guide you through each step of the process. Our friendly staff will ensure you understand all your options so you can make the best choice.

Personal Banking

Starting with personal banking, we offer various Checking & Savings Accounts designed to help you manage your money easily. Imagine having access to your funds anytime through our convenient Online & Mobile Banking services. This means you can check balances, pay bills, and transfer money right from your smartphone or computer. Plus, our Credit Cards with Rewards give you the opportunity to earn points for every dollar spent perfect for those who love rewards!

Personal Loans and Debt Consolidation

Life can throw unexpected expenses your way, and when it does, our Personal Loans & Debt Consolidation services can be a lifesaver. Imagine tackling those bills or funding a special project without stress. We work hard to offer solutions that help simplify your financial obligations.

Digital & Online Banking

Key Features of Our Online Banking

With our online banking platform, available at https://preferredcu.org/, you have the power to manage your accounts 24/7. Whether you're checking your balance, viewing transaction history, or making a payment, everything is right at your fingertips. Our mobile application further enhances this experience, allowing you to bank on the go with ease. Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick. Plus, you can enjoy the added convenience of mobile payments just tap your phone and go! And if you're looking to save paper and reduce clutter, our e-statements give you easy access to your account statements electronically.

Security You Can Trust

Your security is our priority. With electronic signature authorization available for transactions, you can rest assured that your sensitive information is protected. We use advanced security measures to ensure that every transaction is safe and secure. In today's fast-paced world, having reliable access to your finances is essential. That's why we strive to provide user-friendly features that empower you to take control of your financial life. Join us at Preferred and discover how our digital banking services can enhance your banking experience!

Financial Strength

A Strong Foundation

Net Shares (Funds available for lending and investments): $6,269,696. Total Share Accounts: 60,161, showcasing a robust and growing member base that trusts us with their finances. In summary, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Preferred is your trusted partner. Visit us at 329 N Michigan Ave Hastings Mi 49058 or call (269) 945-8706 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.

Commitment to Growth

With $34,895,089 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is evident with $3,511 in used auto loans and $150,207,408 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is reflected in our $907,680, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 77 full-time employees ready to assist you with their expertise.

Member-Centric Savings

Members' savings are secured through $59,833,293 in share certificates and $47,732,853 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $6,113,000, 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 $39,556,196, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.80% 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

Additional Services

If you're interested in other types of financing or refinancing options, we are here to help! Our experienced team can assist you with eligibility inquiries and guide you through the application process. For business owners looking for capital to grow their ventures, although we currently do not have outstanding commercial loans available at this time, we remain committed to supporting local businesses when opportunities arise. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. If you have any questions or need assistance with any of our loan products, please feel free to contact us at (269) 945-8706 during our operating hours from 9:00 AM to 5:00 PM Monday through Friday. Join us today at Preferred Credit Union and take the first step toward achieving your financial dreams!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued $49,069,334 in used vehicle loans and $8,727,860 in new vehicle loans to help members get on the road. Whether you're considering a brand-new model or a reliable used car, our competitive rates and terms make it easier for you to drive away happy.

Credit Card Loans

Managing everyday expenses has never been easier with our unsecured credit card loans. We offer flexible terms that suit your budget. With a total of $11,582,062 in unsecured credit card loans available, our members can navigate their finances with greater ease and confidence.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $9,591,299, making buying or refinancing simple. We are committed to guiding you through the process of securing your dream home while ensuring affordability and flexibility.

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PREFERRED CREDIT UNION - Hastings, MI

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