Public Employees Credit Union Waterloo IA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Public Employees Credit Union, your trusted financial partner located at 624 Franklin St, Waterloo, IA 50703. Established in 1952, we've been dedicated to serving our community for over seven decades. With a proud membership of 1,850 individuals and a robust asset base of $35,916,199, we strive to provide exceptional financial services tailored to your needs. At Public Employees Credit Union, we understand the importance of personal relationships in banking. Our mission is to foster a supportive environment where members can thrive financially. We offer a wide range of services including checking and savings accounts, auto loans, mortgage financing, and more all designed with you in mind. Our total deposits currently stand at $3,950,971, showing our members' trust in us as their go-to credit union. Led by our compassionate CEO, Lisa Carlo, and Board President Paul Huting, our small yet dedicated team of 3 employees works tirelessly to ensure that every member feels valued and supported. Whether you're looking to secure a loan or need assistance with your savings plan, we're here for you every step of the way. While you can visit us at our branch location for face-to-face service, please note that any official correspondence should be sent to our mailing address: P.O. Box 120, Waterloo, IA 50704. We invite you to explore the many ways we can help you achieve your financial goals. For more information about our services or to get started today, please visit our website at Public Employees Credit Union or call us at 319-291-4375. Your journey toward financial wellness begins here!

Branch History & Mission

Welcome to Public Employees, a credit union with a rich history and a steadfast mission to serve the community. Established in 1952, our branch has been a cornerstone of financial support for members in Waterloo, IA for over 70 years. Located at 624 Franklin St, we are proud to offer our services right in the heart of the community, making it easy for members to visit us for their banking needs. From our humble beginnings, we have grown significantly, now serving 1,850 members and managing total assets of approximately $35,916,199. Over the years, we have expanded our offerings to include personal banking services such as checking and savings accounts, auto loans, mortgage loans, and business banking solutions. Our commitment to providing quality financial services has made us a trusted partner for many in our area. Our mission is clear: to empower our members through accessible financial services while supporting the local community. We believe that by offering personalized banking solutions and fostering strong relationships with our members, we can make a real difference in their lives. At Public Employees, we are not just about numbers; we are about people. We strive to ensure that everyone has the opportunity to achieve their financial goals. In addition to traditional banking services, we embrace modern technology with features like online banking and mobile payments. This allows us to provide convenience while ensuring that all of our services remain ADA compliant and accessible to everyone. We also offer drive-thru banking services for quick transactions without leaving your vehicle. While members can visit us at 624 Franklin St, official correspondence should be sent to our mailing address at P.O. Box 120, Waterloo, IA 50704. Our branch operates Monday through Friday from 8:00 AM to 5:00 PM, making it easy for you to connect with us during your day. We take pride in being an integral part of the Waterloo community. Through partnerships and outreach efforts, we strive to give back and support local initiatives. By joining Public Employees Credit Union, you become part of a larger family dedicated not just to your financial well-being but also to enhancing the lives of those around you. If you're ready to experience the benefits of being a member of Public Employees Credit Union, contact us today at 319-291-4375 or visit our website at publicemployeescu.com. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility and Parking

At our branch, we strive to make banking as straightforward as possible. We offer ample parking for our members, ensuring that you can stop by without any hassle. For those who may require additional assistance, our location is ADA compliant, featuring ramps and accessible entrances.

Call to Action

We invite you to stop by and experience the exceptional service that Public Employees Credit Union has to offer! Whether you're seeking personal banking solutions or exploring new ways to manage your finances, we're here for you every step of the way. Come visit us today!

Drive-Thru Services

For added convenience, we also offer a drive-thru service. This allows you to conduct basic transactions like deposits and withdrawals without leaving your vehicle. It's perfect for those busy days when you're on the go! While members can visit us at 624 Franklin St, official correspondence should be sent to P.O. Box 120, Waterloo, IA 50704. If you have any questions or need assistance before visiting us in person, feel free to give us a call at 319-291-4375.

Operating Hours

We know your time is valuable! That's why we are open Monday through Friday from 8:00 AM to 5:00 PM. Whether you're looking to open an account, apply for a loan, or simply ask questions about your finances, our friendly team is here to help during these hours.

Member Eligibility

Joining the Public Employees community is an exciting opportunity to access a range of financial services tailored just for you. To become a member, you simply need to meet some friendly eligibility criteria. If you live or work in the Waterloo area, you're likely already on your way! We welcome individuals who are public employees, their family members, and even those associated with certain organizations. This means that if you're connected to any of our partner groups, you can also enjoy the benefits of membership. For the most up-to-date details on eligibility, check out our resource at . Getting started is easy! Simply visit us at our branch located at 624 Franklin St Waterloo Ia 50703 or give us a call at (319) 291-4375 for more information on how to open your account. Our team is here to guide you every step of the way. Once you're a member, you'll be part of a supportive community that prioritizes your financial well-being. We can't wait for you to join us!

Business Banking & Commercial Services

Merchant Services That Make Sense

Imagine running your business with ease accepting payments quickly and efficiently while keeping your cash flow steady. Our merchant services provide just that, allowing you to focus on what you do best. From point-of-sale systems to online payment solutions, we've got you covered. Visit us at 624 Franklin St Waterloo Ia 50703 in Waterloo, IA, or call us at (319) 291-4375 to learn more about how our business banking and commercial services can empower your success.

Supporting Your 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. - 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.

Comprehensive List Of Services

Digital Banking Convenience

In today's fast-paced world, convenience is key. Our Online & Mobile Banking platforms allow you to manage your finances from anywhere at any time. You can check balances, transfer funds, and even pay bills all from the palm of your hand! Plus, our Person-to-Person payment service simplifies sending money to friends or family without needing cash. If you're someone who prefers in-person transactions, we also offer basic drive-thru banking where you can conduct deposits and withdrawals quickly and easily.

Get Started Today!

At Public Employees, we're here to serve our community with friendly faces and knowledgeable staff ready to assist you with all your banking needs. Feel free to reach us at 319-291-4375 during our lobby hours from Monday through Friday from 8:00 am to 5:00 pm. Explore how we can help you today by visiting us or checking out more information online at Public Employees Credit Union. Your financial wellness is just a call or click away!

Personal Banking Solutions

Our personal banking services include various Checking & Savings Accounts designed to fit different lifestyles and savings strategies. For instance, if you're planning a vacation or saving for a new home, our accounts offer competitive interest rates and easy access to your funds. When it comes to financing your next vehicle, Auto Loans & Vehicle Financing options are available with flexible terms that make it easier than ever to drive away in the car you love. Imagine securing that reliable family car with affordable monthly payments; that's what we aim for! For those significant milestones like buying a home, our Mortgage Loans & Refinancing services can guide you through the process with personalized assistance. Whether it's your first home or an investment property, we will ensure that you understand every step of the journey. If unexpected expenses arise or you're looking to consolidate debt, our Personal Loans & Debt Consolidation solutions offer straightforward plans that help ease financial burdens. Life happens, and having support during those times makes all the difference.

Rewards and Business Banking

With our Credit Cards with Rewards, you can earn points on everyday purchases perfect for those who enjoy traveling or dining out. It's a simple way to make your spending work for you! For local businesses, we provide robust Business Banking solutions including Merchant Services and Business Loans. We understand the challenges small businesses face and offer services designed to help them thrive.

Digital & Online Banking

Key Features

Our online banking platform allows you to enjoy the freedom of banking on your terms. You'll love the convenience of e-statements, which means you can view and manage your financial documents digitally no more paper clutter! Plus, our mobile application makes it even easier to handle transactions right from your smartphone. Whether you're at home or on the go, you'll have everything you need at your fingertips. For those moments when you need to send money quickly to friends or family, our person-to-person transfer feature has got you covered. It's simple, fast, and secure making it easy to share funds without any hassle. Additionally, if you're looking for a straightforward way to make purchases, our mobile payments feature lets you pay using your phone with just a few taps.

Security and Accessibility

Security is a top priority for us at Public Employees. While we currently do not offer electronic signature authorization for document signing, rest assured that all transactions through our digital platforms are protected with the latest security measures. You can bank confidently knowing that your personal information is safe. We strive to make banking as accessible as possible. With our user-friendly interface and robust features, managing your finances has never been easier. Explore the world of digital banking with us today and experience the convenience of real-time account management wherever life takes you!

Financial Strength

At Public Employees, 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 that trust is built on solid financial foundations, which is why we are proud to share our robust financial health with you. With a net worth of $4,646,327, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.94% 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 $11,644,148 in share certificates and $12,582,038 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 $3,673,209 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $2,555 in used auto loans and a total of $12,755,559 in loans and leases available. Our net income of $73,118 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 3 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at 3,074, 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, Public Employees is your trusted partner. Visit us at 624 Franklin St Waterloo IA 50703 or call 319-291-4375 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data 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 $4,399,232 in used vehicle loans and $2,768,981 in new vehicle loans already helping members get on the road. We provide financing for both new and used vehicles, ensuring you have access to reliable transportation without breaking the bank.

Credit Lines and Unsecured Loans

For those needing flexibility in managing everyday expenses or unexpected costs, our total credit lines amount to $1,575,000. Additionally, we also offer flexible terms on unsecured credit card loans. This option allows you to manage your finances effectively without the need for collateral. At Public Employees Credit Union, we prioritize making financial products accessible and straightforward. If you're considering refinancing or exploring eligibility options for any of our loan products, please don't hesitate to reach out. For more information or assistance with your loan inquiries, contact us at (319) 291-4375. We're located at 624 Franklin St Waterloo IA 50703, and our lobby hours are Monday through Friday from 8:00 AM to 5:00 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step toward achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,244,311, make buying or refinancing simple. We are here to guide you through the process and help you find a mortgage solution that fits your budget.

Loan Aggregator

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