Riverbank Credit Union Windsor Locks CT | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Riverbank, your trusted credit union located at 516 Spring St, Windsor Locks, CT 06096. Established in 1940, we have proudly served our community for over 80 years, growing alongside our members and adapting to their financial needs. With a strong membership base of 4,206 individuals, we are committed to providing personalized financial solutions that empower you to achieve your goals. At Riverbank, we understand that every member's journey is unique. That's why we offer a range of services tailored just for you be it checking and savings accounts, auto loans, mortgage refinancing, or even business banking solutions. Our total assets amount to a solid $84,424,206, reflecting our stability and commitment to safeguarding your funds. We also boast total deposits of $2,886,054 and a net worth of $7,656,015, ensuring that your money is in safe hands. Our dedicated team of 20 employees, led by CEO Charla Stetson and Board President Lynn Pellerano, is here to assist you with a warm smile and expert guidance. Whether you prefer online banking or visiting us in person during our operating hours (M-W 9am - 4pm; Th 9am - 6pm; F 9am - 5pm; Sat 9am - 12:30pm), we make it easy for you to access the services you need. While members can visit us at our branch location in Windsor Locks, official correspondence should be sent to the same address: 516 Spring St, Windsor Locks, CT 6096. Join us today and experience the difference that community-focused banking can make! For more information about our services or to get started on opening an account, please give us a call at 860-292-2940 or visit our website at riverbankfcu.com. We look forward to serving you!

Branch History & Mission

Community Impact

Our roots are deeply embedded in Windsor Locks, and we're committed to giving back. Through local partnerships and community outreach programs, we strive to make a positive impact every day. Whether it's sponsoring local events or supporting education initiatives, Riverbank is here for you. As we look forward to the future, we invite you to join us on this journey. Experience the benefits of being part of the Riverbank family a place where your financial goals matter and your community thrives. Visit us during our operating hours Monday through Wednesday from 9 AM to 4 PM; Thursday from 9 AM to 6 PM; Friday from 9 AM to 5 PM; and Saturday from 9 AM to 12:30 PM or reach us at (860) 292-2940. Join Riverbank Credit Union today! Together, let's build a brighter financial future for you and our community.

Our Journey

Riverbank began with a simple vision: to provide accessible financial services tailored to the needs of our community. From our humble beginnings at 516 Spring St, we've grown alongside Windsor Locks. Our location is not just an address; it's part of the fabric of this town. We are proud to serve our neighbors and friends, ensuring they have access to essential banking services right where they live. In addition to our main office address, any official correspondence can be sent to our mailing address at 516 Spring St, Windsor Locks, CT 6096. As we expanded our offerings over the decades, we embraced technology without losing sight of our core values. Today, we offer modern conveniences like online and mobile banking while maintaining personal connections through face-to-face interactions. Our commitment extends beyond banking; we're dedicated to uplifting our community through various outreach efforts and partnerships.

Our Mission

At Riverbank Credit Union, our mission is clear: to provide exceptional financial services while fostering community growth and support. We believe that everyone deserves access to affordable financial solutions whether it's a checking account for everyday needs or loans for significant life events like buying a car or home. Our services include auto loans, mortgage options, personal loans, and credit cards with rewards all designed with you in mind. In addition to traditional banking services, we ensure ADA compliance and prioritize customer-centric initiatives that make banking easier for everyone. We also have shared service centers available for added convenience.

Branch Location & Accessibility

Nearby Landmarks and Accessibility

Nestled in the heart of Windsor Locks, our branch is conveniently located near popular spots like the Windsor Locks Canal State Park and just a short drive from Bradley International Airport. This makes it easy for both local residents and visitors to access our services.

Operating Hours

Our lobby hours are designed with your busy schedule in mind. We're open Monday through Wednesday and Friday from 9 AM to 4 PM, Thursday until 6 PM, and Saturday from 9 AM to 12:30 PM. These hours allow you plenty of opportunities to visit us at your convenience.

Parking and Features

We offer ample parking right outside our doors, ensuring that you have a hassle-free experience when you arrive. Our branch is ADA compliant, featuring ramps and accessible entrances to accommodate all members of the community. If you're in a hurry, take advantage of our drive-thru banking option for quick deposits and withdrawals without leaving your vehicle.

Services Offered

At Riverbank Fcu, we provide a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans, mortgage loans, and credit cards with rewards there's something for everyone. Plus, with ATM availability right at our branch and shared service center transactions for partner credit union members, we ensure that accessing your funds is always straightforward. For any inquiries or assistance, feel free to reach out by calling us at 860-292-2940. We invite you to stop by soon! Our team looks forward to welcoming you and helping you make the most of your banking experience with Riverbank Fcu.

Member Eligibility

At Riverbank, we believe that everyone deserves a supportive financial community, and becoming a member is your first step toward joining us! If you live, work, worship, or attend school in the Windsor Locks area, you're already on the path to membership. We welcome individuals from all walks of life to experience our personalized services tailored just for you. With easy access to loans, savings accounts, and other financial products, you'll find that being part of Riverbank opens doors to new opportunities. Getting started is simple! You can check out the full eligibility criteria by visiting this link. Once you know you're eligible, opening an account is a breeze just head over to this page for all the details. If you have any questions or need assistance, don't hesitate to give us a call at (860) 292-2940. We're here to help you every step of the way at our welcoming branch located at 516 Spring St Windsor Locks Ct 06096. Join us today and start enjoying the benefits of being a member!

Business Banking & Commercial Services

Loan Options That Fuel 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.

Merchant Services That Make Life Easier

Imagine having a reliable partner that helps streamline your payments. Our merchant services offer practical solutions that allow you to accept payments seamlessly, making transactions easier for both you and your customers. This means more time focusing on what matters growing your business. Located at 516 Spring St Windsor Locks Ct 06096 in Windsor Locks, CT, we are here to assist you every step of the way. Call us today at (860) 292-2940 to learn how we can support your business banking needs!

Comprehensive List Of Services

Business Banking Made Easy

For local entrepreneurs and businesses, we provide comprehensive business banking services including merchant services and business loans. We're committed to supporting our community's growth by making it easier for businesses to thrive.

Convenient Access with Modern Features

Accessing your money should never be a hassle. That's why we offer convenient ATM and cash withdrawal services, along with basic drive-thru banking for quick deposits, withdrawals, and simple transactions. If you are a member of a partner credit union, our shared branch transactions allow you to conduct deposits and withdrawals seamlessly. With features like mobile payments and person-to-person transfers, managing your finances has never been easier. Plus, if you're always on the go, our mobile app provides everything you need right at your fingertips.

Credit Options with Benefits

At Riverbank, we recognize how important it is to have the right credit options available. Our credit cards with rewards not only offer flexibility but also help you earn points on everyday purchases. This way, every swipe brings you closer to exciting rewards!

Get Started Today!

Ready to take control of your financial future? Stop by our branch in Windsor Locks or call us at 860-292-2940 for more information about how Riverbank can serve you better. You can also visit us online at Riverbank FCU to explore all our services in detail. Join us today and experience personalized banking like never before!

Personal Banking Solutions

We understand that managing your finances can be overwhelming at times. That's why we offer a variety of personal banking options tailored just for you. Our checking and savings accounts are designed to give you easy access to your funds while helping you grow your savings. You can enjoy the convenience of online and mobile banking, allowing you to check balances, make transfers, and pay bills from anywhere at any time. If you're in the market for a new car or need to refinance an existing loan, our auto loans and vehicle financing options provide competitive rates and flexible terms. We also offer mortgage loans and refinancing solutions that make home ownership attainable. For those unexpected expenses or projects on your list, our personal loans and debt consolidation services can provide the financial relief you need.

Digital & Online Banking

Key Features

Explore the convenience of our online banking services by visiting us at https://www.riverbankfcu.com/ . You can check your balance, pay bills, and transfer money all from the comfort of your home or on the go. Plus, with our 24/7 online banking services, you have control over your accounts whenever it suits you. Need to send money to a friend? Our person-to-person transfers make it simple and quick to send funds directly to someone else's account. And if you're busy on-the-go, take advantage of our mobile payments feature, allowing you to make purchases directly from your smartphone.

Security and Ease-of-Use

We prioritize security in everything we do. With electronic signature authorization, signing documents has never been easier or safer. You can also opt for e-statements to keep track of your transactions without the clutter of paper statements. All these features are designed to provide a smooth experience while ensuring that your information remains protected. For those who prefer mobile access, our mobile application is available for download, giving you instant access to all our online services right from your phone. Whether you want to deposit checks or view recent transactions, everything is just a tap away. At Riverbank, we strive to make banking accessible and straightforward for all our members. No matter where life takes you, we're here to support you with tools that fit into your lifestyle seamlessly. Experience the future of banking today!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts stand at 8,685, showing a strong and growing member base that trusts us with their finances. This trust reinforces our commitment to providing exceptional service tailored to your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Riverbank is your trusted partner. Visit us at 516 Spring St Windsor Locks Ct 06096 or call (860) 292-2940 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $13,199,401 in share certificates and $4,276,092 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.

Operational Efficiency

Our $0 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 17 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $7,560,557 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 $330 in used auto loans and $34,304,027 in total loans and leases, we support your financial goals across various sectors.

Solid Financial Foundation

With a net worth of $7,656,015, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $906 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued $4,086,827 in used vehicle loans and $649,226 in new vehicle loans, helping members get on the road with confidence. Our straightforward application process makes it easy for you to secure financing tailored to your budget.

Credit Lines

Our total credit lines amount to $16,646,366, giving you the ability to borrow as needed while keeping repayment convenient. This product is ideal for individuals who want the peace of mind that comes with having access to funds when unexpected expenses arise. If you're considering refinancing or need help understanding eligibility options for any of our loan products, our team is here to assist you every step of the way. To learn more about our offerings or start your application today, please reach out at (860) 292-2940 or visit us at 516 Spring St, Windsor Locks CT 06096. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $7,429,949, make buying or refinancing simple. We provide various mortgage products with competitive interest rates and flexible terms designed to meet your unique situation.

Unsecured Credit Card Loans

For those looking for flexibility in managing their finances, we offer unsecured credit card loans with total amounts helping our members effectively handle their daily expenses. While currently there are no outstanding amounts in this category, we're committed to providing options that suit your needs.

Loan Aggregator

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RIVERBANK FEDERAL CREDIT UNION - Windsor Locks, CT