Purdue Credit Union La Porte IN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Purdue Federal Credit Union - Monroe Street, your trusted financial partner in La Porte, Indiana. Established in 1969, we have proudly served our community for over five decades, helping our members achieve their financial goals with personalized banking solutions. Located at 3404 Monroe St, La Porte, IN 46350, our branch offers a welcoming atmosphere where you can find everything from checking and savings accounts to auto loans and mortgages. With a robust membership of 107,559 individuals and total assets exceeding $1.9 billion (specifically, $1,938,470,184), we are dedicated to providing exceptional service tailored to your needs. Our current total deposits stand at $70,343,333, showcasing the trust our members place in us. Under the leadership of CEO Robert Falk and Board President Edgar Cyr, we continually strive for excellence while maintaining a strong financial foundation. Our net worth is an impressive $208,058,581, reflecting our commitment to stability and growth. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 3404 Monroe St, La Porte, IN 46350-6185. At Purdue Federal Credit Union, we pride ourselves on more than just numbers; we are deeply rooted in the community and committed to making a positive impact. With a team of 313 employees, we aim to provide you with friendly service and expert advice every step of the way. Whether you're looking to finance a new vehicle or manage your personal finances more effectively, we're here for you! Feel free to give us a call at 219-362-3741 during our operating hours: Monday through Friday from 8:30 a.m. to 6:00 p.m., and Saturday from 9:00 a.m. to 12:00 p.m. Visit us today or explore our services online at purduefed.com. Your journey towards financial success starts here!

Branch History & Mission

Join Us

We invite you to become part of the Purdue family today! Experience firsthand the benefits of being a member of Purdue Federal Credit Union - Monroe Street. Together, let's build a brighter financial future for you and your loved ones while contributing positively to the La Porte community. Visit us online at purduefed.com or stop by today!

Mission Statement

At Purdue Federal Credit Union, our mission is straightforward: to empower our members by providing exceptional financial services while fostering a sense of belonging within our community. We believe in promoting financial wellness through education and support, ensuring that everyone can achieve their goals whether it's buying a new home or starting a business. Our dedication extends beyond just financial products; we actively engage in community outreach initiatives that uplift those around us. By collaborating with local organizations and participating in events that matter to our members, we strive to make La Porte a better place for everyone. While you can visit us at our branch location at 3404 Monroe St for all your banking needs, please note that official correspondence should be directed to the same address or via phone at 219-362-3741.

Our Journey

Purdue Federal Credit Union started as a small initiative aimed at providing financial services with a personal touch. Over the years, we've expanded our offerings to include personal banking, auto loans, mortgages, and business banking solutions. Our commitment to serving our members has led us to establish partnerships that enhance our ability to support the community further. Our branch operates with an understanding of what truly matters to our members convenience and accessibility. With operating hours from 8:30 a.m. to 6:00 p.m. Monday through Friday and 9 a.m. to 12 p.m. on Saturdays, we're here when you need us most. Additionally, we offer ATM access and drive-thru banking for quick transactions.

Branch Location & Accessibility

Accessibility Features

Purdue Federal Credit Union takes pride in being accessible to everyone. Our facilities are ADA compliant, featuring ramps and wide entryways for ease of access. Inside, you'll find comfortable seating and clear signage to guide you through your visit.

Connect with Us

We're eager to assist you! If you have any questions or want to learn more about our services before your visit, feel free to call us at 219-362-3741. Come see how easy banking can be with Purdue Federal Credit Union Monroe Street! We look forward to welcoming you soon!

Location Highlights

Our branch is just a stone's throw away from popular spots like the scenic La Porte Park and the bustling downtown area. Whether you're running errands or enjoying a day out, stopping by for your banking needs is effortless. We offer ample parking spaces right outside our doors, ensuring you won't have to search long for a spot.

Operating Hours

We are here for you during the week with extended hours! Our lobby opens at 8:30 a.m. and closes at 6:00 p.m., Monday through Friday, making it easy to fit us into your busy schedule. On Saturdays, we're open from 9 a.m. until noon for those who need a quick banking fix over the weekend.

Services Offered

At our Monroe Street location, we offer a full suite of services tailored to meet your personal and business banking needs. From checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Need quick cash? Our ATM is available on-site for your convenience. Plus, if you're in a hurry, take advantage of our drive-thru banking services where you can complete simple transactions without leaving your vehicle. If you're visiting us from another credit union, don't worry we also participate in shared services so you can easily conduct deposits and withdrawals here.

Member Eligibility

At Purdue, we believe that becoming a member is about joining a caring community that supports your financial journey. If you live, work, or study in the La Porte area, you're likely already eligible to join us! We're here for everyone who wants to take advantage of our wide range of services designed with members like you in mind, from personal banking and auto loans to credit cards with rewards. It's all about making your banking experience personal and accessible. To get started on your membership journey, simply reach out to us at (219) 362-3741 or visit us at 3404 Monroe St La Porte In 46350. You can also find more detailed eligibility information by checking out this link. Joining is straightforward, and we're excited to welcome you into the Purdue family where your financial well-being is our top priority!

Business Banking & Commercial Services

At Purdue, we understand that running a business comes with its own set of challenges and triumphs. That's why we're dedicated to providing tailored financial solutions that help your business thrive. Whether you're looking to expand your operations or invest in new equipment, our commercial loan options are designed to support your goals. Imagine a local café that dreams of growing from a cozy spot to a bustling community hub. With our member commercial loans, we've funded over $687 in loans for businesses like yours, helping them scale and succeed. 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 $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $478,836,921, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, our merchant services simplify everyday transactions for businesses. Imagine easily accepting payments on-the-go or managing payroll with just a few clicks. At Purdue, we strive to make banking straightforward so you can focus on what matters most growing your business. Visit us at 3404 Monroe St La Porte In 46350 in La Porte, IN or call us at (219) 362-3741 to learn more about how we can help your business flourish!

Comprehensive List Of Services

Business Banking Services

If you're a business owner, Purdue has got you covered too! Our business banking services include merchant services and business loans designed to support your growth. You can rely on us for comprehensive solutions tailored specifically for your business needs.

Digital Banking Convenience

In today's fast-paced world, accessibility is key. That's why we offer online and mobile banking services that let you handle transactions on-the-go. From viewing account balances to making payments with just a few taps on your phone, managing your finances has never been easier. Plus, our ATM services ensure you have cash when you need it most, whether it's through basic withdrawals or balance checks.

Drive-Thru & Shared Branch Transactions

For those who prefer face-to-face interactions, our drive-thru banking provides quick service for deposits, withdrawals, and simple transactions. If you're visiting from another credit union, take advantage of our shared branch transactions where you can perform basic deposits and withdrawals seamlessly. At Purdue, we prioritize making banking easy and accessible for everyone in the community. We invite you to experience all that we have to offer by visiting us at 3404 Monroe St La Porte In 46350 or calling us at (219) 362-3741. Join us today and see how we can help you achieve your financial goals!

Home Financing Made Easy

Thinking about purchasing a home? Our mortgage loans and refinancing options are designed to guide you through the process smoothly. We understand that buying a house is one of the most significant decisions you'll make, and our knowledgeable staff will assist you in finding the right loan that suits your budget.

Personal Banking Solutions

Starting with personal banking, we offer checking and savings accounts that fit various lifestyles. Imagine having a straightforward account to manage your daily expenses while also watching your savings grow with competitive interest rates. If you're looking to finance a vehicle, our auto loans and vehicle financing options provide flexible terms that make it easier to drive away in the car you want.

Simplifying Your Finances

For those unexpected expenses, personal loans and debt consolidation services are available to help manage your finances without stress. We offer credit cards with rewards that not only provide convenience but also let you earn points for purchases you already make.

Digital & Online Banking

Key Features

Our online banking service offers a variety of features tailored to fit your needs. You can check your account balances, transfer funds between accounts, and pay bills with just a few clicks. Plus, with 24/7 access to your accounts through our secure online banking system, you can stay in control of your finances around the clock. For added convenience, we provide electronic signature authorization, making it simple for you to approve documents without needing to visit a branch. And if you prefer receiving statements electronically, you'll be pleased to know that e-statements are available. This not only helps you keep your information organized but also contributes to a more eco-friendly approach.

Mobile Banking

On top of our robust online services, we offer a mobile application that allows you to bank right from your smartphone. With features like mobile payments and person-to-person transfers, sharing money with friends or family has never been easier. You can make payments quickly and securely using just your phone, which adds an extra layer of convenience to your everyday transactions. Your security is our top priority. Our digital banking services use advanced technology to protect your personal information while ensuring that all transactions are safe and secure. So whether you're checking your balance or transferring funds, you can do so with peace of mind. With all these features available at Purdue, managing your finances has never been more accessible or efficient! Visit us today at https://www.purduefed.com and take full advantage of our digital banking solutions!

Financial Strength

Growing Member Base

Total Share Accounts stand at 209,336, showing a strong and growing member base that trusts us with their finances. With net shares (funds available for lending and investments) at $9,688,796, we are well-positioned to support your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Purdue is your trusted partner. Visit us at 3404 Monroe St La Porte In 46350 or call (219) 362-3741 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $204,042,136 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $4,051 in used auto loans and $1,473,776,197 in total loans and leases supporting your financial goals across various sectors.

Member-Centric Savings Options

Members' savings are secured through $304,187,313 in share certificates and $553,410,696 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,000,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our fiscal responsibility is reflected in our $0, showcasing our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 287 full-time employees and 26 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Position

With a net worth of $208,058,581, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,079 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 Loan Options

For those looking for business financing, we also have outstanding commercial loans totaling $478,836,921, providing the capital needed to grow and expand your enterprise. Whether you're starting a new venture or looking to enhance an existing one, our team is ready to assist. We also offer refinancing options for various loan types. If you're seeking better rates or terms on existing debts, don't hesitate to reach out for more information on eligibility and how we can help streamline the process. At Purdue, we're committed to helping you find the right loan product tailored to your unique circumstances. For any inquiries or to apply for a loan today, please call us at (219) 362-3741. 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 control of your financial journey!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $55,794,980 in used vehicle loans and $16,856,551 in new vehicle loans already helping members get on the road. Whether you're financing a brand-new model or a reliable used car, we provide flexible terms that fit your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $74,705,414. This means you can take that important step toward owning a home with confidence.

Unsecured Credit Card Loans

Managing finances can be tricky, but we make it easier with our flexible terms on unsecured credit card loans. With a total of $81,006,598 in loans available, our credit cards can help you handle unexpected expenses while building your credit history.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing its data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This approach is based on the latest results (Source: https://www.ncua.gov), which guarantees that users receive fair and transparent offers. By focusing on compliance and verification, LendMesh builds trust in its comparison tool.

Benefits of Using LendMesh

One of the primary advantages of using LendMesh is the Verified Data feature. All loan offers come from legitimate financial institutions, providing peace of mind about the legitimacy of each option presented. Additionally, LendMesh does not have Sponsored Listings; lenders are not prioritized based on paid promotions. This means users get truly unbiased results. Another key benefit is Real-Time Rate Comparisons. Users can view up-to-date loan rates from multiple institutions simultaneously. This feature helps individuals compare options effectively and select the loan that best fits their needs. 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!" Such testimonials highlight how LendMesh delivers tangible benefits to its users.

Take Action Today

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.*

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