Qualstar Credit Union Federal Way WA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Qualstar, your trusted financial partner located at 1825 S 316Th St, Federal Way, WA 98003. Established in 1952, our branch has grown alongside our community, serving over 70,000 members and managing assets totaling $822,121,726. We pride ourselves on being more than just a credit union; we are a dedicated team committed to helping you achieve your financial goals. At Qualstar, we understand the importance of personalized service. Whether you're looking for checking and savings accounts, auto loans, mortgages, or business banking solutions, our friendly staff is here to assist you every step of the way. Under the leadership of our CEO Michael Elfstrom and Board President Mitch Johnson, we strive to foster a welcoming environment that prioritizes your needs. While members can visit us at our branch in Federal Way, official correspondence should be sent to our mailing address: PO Box 3050, Bothell, WA 98041. With total deposits reaching $59,751,416 and net worth standing strong at $124,497,483, you can trust that your finances are in capable hands. We encourage you to reach out with any questions or stop by for a chat. Our team is available during lobby hours from Monday to Thursday between 9:00 a.m. - 5:00 p.m., Friday from 9:30 a.m. - 6:00 p.m., and Saturday from 9:00 a.m. - 2:00 p.m. You can contact us at 800-848-0018 or explore our services online at qualstarcu.com. Join us today and discover how we can help you thrive financially!

Branch History & Mission

Commitment to Innovation

As part of our dedication to serving you better, we have embraced technology while ensuring compliance with ADA standards so that everyone can access our services comfortably. You can enjoy features like online banking and mobile payments that make managing your finances easier than ever. Plus, with ATM availability and drive-thru banking options at your convenience, banking with us fits seamlessly into your busy lifestyle.

Community Focus

We believe in building strong relationships within our community. Through shared service centers and collaborative efforts with local organizations, we aim to make a positive impact on the lives of those we serve. From workshops on financial literacy to supporting local events, Qualstar is here for you not just as your credit union but as a committed member of the Federal Way community. In closing, we invite you to join us at Qualstar. Experience firsthand how we prioritize your financial well-being while making meaningful contributions to the community. Visit us today or call us at 800-848-0018 for more information on how you can become part of our family!

Our Mission

At Qualstar, our mission is simple yet powerful: we aim to provide exceptional financial services while fostering community support and growth. We understand that every member has unique goals and challenges; therefore, we strive to tailor our services from personal banking and auto loans to business financing around your needs. Our commitment extends beyond just banking; we actively engage in community outreach programs and partnerships designed to uplift those around us.

Branch Location & Accessibility

Welcome to the Qualstar Federal Way - The Woodstone Branch, conveniently located at 1825 S 316Th St, Federal Way, WA 98003. Our branch is nestled in the heart of King County, making it easy for you to access all of your banking needs. Whether you're coming from nearby landmarks like the Federal Way Commons or the beautiful Dash Point State Park, you'll find our location welcoming and accessible. At Qualstar, we understand that convenience matters. Our branch features ample parking and is fully compliant with ADA standards, ensuring accessibility for all members. You can also take advantage of our drive-thru banking services, perfect for quick deposits and withdrawals without leaving your vehicle. Our operating hours are designed to fit your busy schedule: we're open Monday through Thursday from 9:00 a.m. to 5:00 p.m., Friday from 9:30 a.m. to 6:00 p.m., and Saturday from 9:00 a.m. to 2:00 p.m. This flexibility means you can stop by before work, during lunch, or even on the weekend! If you need assistance or have questions about our services from personal banking options like checking and savings accounts to auto loans and mortgages feel free to give us a call at 800-848-0018. We're here to help! While members can visit us at our branch for all your banking needs, official correspondence should be sent to PO Box 3050, Bothell, WA 98041 if needed. We invite you to come visit Qualstar Federal Way - The Woodstone Branch today! Experience friendly service and discover how we can support your financial journey.

Member Eligibility

Becoming a member of Qualstar is like joining a close-knit family that truly cares about your financial well-being. Located at 1825 S 316Th St Federal Way Wa 98003, we welcome individuals who live, work, or worship in our community. If you have a passion for supporting local initiatives or simply want a financial partner that prioritizes your needs, you're in the right place! Our membership is open to anyone who meets these criteria, and we encourage you to explore all the benefits that come with being part of our credit union. For detailed eligibility information, feel free to visit this link. Getting started is simple! You can open an account with us by visiting our website and following the easy steps outlined there: Account Opening Details. If you have any questions or need assistance, don't hesitate to call us at (800) 848-0018. We're here to help you every step of the way as you join our welcoming community!

Business Banking & Commercial Services

Merchant Services That Work

Imagine being able to process payments efficiently while focusing on what you do best running your business. Our merchant services simplify transactions, allowing you to accept payments anytime, anywhere. From mobile payments to online transactions, we provide tools that make it easier for your customers to pay, enhancing their experience and boosting your sales. Located at 1825 S 316Th St Federal Way Wa 98003 in Federal Way, WA, our team is ready to partner with you on your journey. Call us at (800) 848-0018 or visit us today to learn more about how we can help your business thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $4 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $3,461,812, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessibility and Support

Located at 1825 S 316Th St Federal Way Wa 98003, our branch is ready to serve you during convenient hours: Monday to Thursday from 9 AM - 5 PM; Friday from 9:30 AM - 6 PM; and Saturday from 9 AM - 2 PM. If you ever have questions or need assistance, don't hesitate to reach out at 800-848-0018. With all these services under one roof, Qualstar is dedicated to making banking simple and accessible for everyone in the Federal Way area. We invite you to explore how we can support your financial needs today! Ready to take the next step? Visit us online at Qualstar or come by our branch to learn more about how we can help!

Additional Services

At Qualstar, we understand that sometimes you need quick service without stepping into a branch. Our Basic Drive-Thru Banking allows for easy deposits and withdrawals for those busy days. Plus, if you're a member of another partner credit union, our shared branching capabilities let you perform basic transactions such as deposits and withdrawals without hassle.

Business Banking Services

For small business owners, Qualstar provides robust solutions like Business Banking, which includes Merchant Services & Business Loans. These services are designed to support your growing business and give you the tools needed for success.

Convenient Online and Mobile Banking

In today's fast-paced world, having access to your finances anytime is essential. That's why we offer comprehensive Online & Mobile Banking services. Whether you're paying bills on-the-go or checking your account balance from the comfort of your home, managing your money has never been easier. With features like ATM & Cash Withdrawal Services, along with our user-friendly mobile application, banking at Qualstar is as convenient as it gets.

Credit Cards and Rewards

We also offer credit cards with rewards that make everyday purchases more rewarding. Imagine earning points or cash back every time you swipe your card it's just one more way we help our members get more from their money.

Personal Banking Solutions

Whether you are opening your first checking account or looking to save for a future goal, our Personal Banking services have you covered. We offer competitive Checking & Savings Accounts that help you manage your day-to-day finances with ease. If you're considering purchasing a new vehicle, our Auto Loans & Vehicle Financing options provide flexible terms and rates designed to fit your budget. Need a place to call home? Our Mortgage Loans & Refinancing services can guide you through the process of buying or refinancing your home. Additionally, if you're dealing with debt, our Personal Loans & Debt Consolidation can help simplify your payments and reduce stress.

Digital & Online Banking

Accessibility and Security

Your security is our priority. We employ robust measures to protect your information while making sure our services remain easy to use. From the moment you log in to check your accounts or make transactions, you can feel confident knowing that we've got you covered. In short, Qualstar is committed to providing accessible and effective digital banking solutions that fit seamlessly into your lifestyle. Whether you're accessing accounts through our website or mobile app, rest assured that managing your finances has never been easier or more secure!

Key Features

Our online platform offers electronic signature authorization, ensuring that your transactions are secure yet hassle-free. You can sign documents electronically without needing to visit a branch, saving you time and effort. For those who prefer paperless options, we provide e-statements that allow you to view your account statements conveniently online. Need to send money to a friend? With our person-to-person transfers feature, sending cash is quick and straightforward just a few taps and the money is on its way! Additionally, if you like using mobile payments for shopping or dining out, you'll be pleased to know that we support this feature too.

Financial Strength

Commitment to Reinvestment

With $120,557,833 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment allows us to adapt to changing financial landscapes while consistently delivering quality service.

Dedicated Team at Your Service

We pride ourselves on having a dedicated team of 109 full-time employees and 2 part-time employees who are always ready to assist you. Our knowledgeable staff is here to ensure that every visit or interaction you have with us meets your expectations.

Growing Membership Base

With 104,100 total share accounts, we demonstrate a strong and growing member base that trusts us with their finances. This trust drives us to continuously improve our offerings and services for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Qualstar is your trusted partner. Visit us at 1825 S 316Th St Federal Way Wa 98003 or call (800) 848-0018 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Solutions

We prioritize our members' needs above all else. Your savings are secured through $46,349,471 in share certificates and $384,411,025 in money market shares, offering stable and rewarding financial growth opportunities. These options not only help you grow your funds but also provide peace of mind knowing that your investments are backed by a reliable institution.

Operational Efficiency

Our operational efficiency is evident with a reported net income of $0. This allows us to continue offering competitive loan rates and solid financial products for our members without compromising on service quality.

Solid Financial Foundation

With a net worth of $124,497,483, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is reflected in our net worth ratio of $1,507, which ensures we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

Our lending capacity is robust, with $4,525 in used auto loans and $513,892,821 in total loans and leases supporting members' financial goals across various sectors. Whether you're looking to finance a vehicle or secure a personal loan, we have the resources to help you succeed.

Loan Offering

Additional Options

For those interested in business financing, we have outstanding commercial loans totaling $3,461,812, providing essential capital for growth and expansion. If you're considering refinancing or want to learn more about eligibility options for any of these products, please don't hesitate to reach out to us at (800) 848-0018. Our knowledgeable team is ready to assist you in finding the best solution tailored specifically for your circumstances. At Qualstar, we're committed to supporting our members with competitive loan products that fit their lifestyles and financial aspirations. Visit us at 1825 S 316Th St Federal Way Wa 98003 in Federal Way, WA, or explore more online at our website.

Auto Loans

Looking to buy a new car? Our auto loans provide some of the lowest rates in the industry. We have already issued over $79,219,795 in used vehicle loans and $56,270,730 in new vehicle loans, helping our members hit the road with confidence. Whether you're considering a brand-new model or a reliable used vehicle, our financing options are tailored to meet your needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $114,884,270, allowing you to secure your dream home with ease. Our experienced team is here to guide you through every step of the process.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging, which is why we also provide flexible terms on unsecured credit card loans. With a total of $63,531,482 in loans helping members effectively manage their finances, you can enjoy peace of mind knowing that you have access to funds when needed.

Loan Aggregator

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How LendMesh Ensures Accurate 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 guarantees that users receive fair and transparent offers. Each loan comparison reflects current market conditions, ensuring you are informed about the most competitive rates available.

Qualstar