Royal Credit Union Apple Valley MN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Royal Credit Union, located at 14295 Cedar Ave, Apple Valley, MN 55124. Since our establishment in 1964, we have proudly served our community with a commitment to providing reliable financial solutions tailored to meet the diverse needs of our members. With a total membership of 318,645 and assets exceeding $5.36 billion, we are dedicated to fostering financial health and stability for each individual and business we serve. At Royal Credit Union, we believe in building strong relationships within our community. Our experienced team, led by CEO Brandon Riechers and Board President Tom Huffcutt, works diligently to ensure that every member receives personalized service and support. We offer a wide range of products, including checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking solutions. Whether you're looking to finance your dream car or manage your day-to-day banking needs, we are here for you. While members can visit us at our branch location in Apple Valley, official correspondence should be sent to the same address. We pride ourselves on being accessible; feel free to reach out to us at 800-341-9911 during our lobby hours from Monday to Friday, 8:00 AM to 6:00 PM and Saturday from 9:00 AM to 12:00 PM. With total deposits amounting to $295,241,638 and a net worth of $507,323,441, Royal Credit Union is not just about numbers it's about people. We maintain a high level of cash liquidity with over $35 million in cash on hand to ensure that we can meet our members' needs promptly. Join us today at Royal Credit Union where your financial goals become our mission! Explore more about how we can help you thrive by visiting our website at rcu.org. Let's build a brighter financial future together!

Branch History & Mission

Community-Centric Mission

At Royal Credit Union, our mission extends beyond just banking. We are dedicated to making a positive impact in Apple Valley and surrounding areas. We actively participate in community outreach programs and foster partnerships that enhance the lives of those around us. Whether it's sponsoring local events or offering financial education workshops, we strive to be a force for good in our community. We also prioritize making banking accessible for everyone. With ADA-compliant facilities and digital advancements like mobile payments and online banking, we ensure that all members can manage their finances conveniently and securely. Our drive-thru service provides added convenience for quick transactions without leaving your vehicle. While you can visit us at 14295 Cedar Ave, official correspondence should be directed to our mailing address at 14295 Cedar Ave, Apple Valley, MN 55124 if it differs from your visit.

Join Us Today

We invite you to experience the Royal difference for yourself. Our friendly team is here during operating hours Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 12 PM to assist you with any inquiries you may have. You can reach us at 800-341-9911 or explore our website at www.rcu.org for more information about membership eligibility and account opening. Together, let's build a brighter financial future!

Our Legacy

Since our founding, Royal has been committed to providing exceptional financial services tailored to meet the needs of our members. We believe in building strong relationships based on trust and service. Our journey began with a simple mission: to empower our members through affordable financial solutions. As we expanded, so did our range of services, which now includes personal banking options such as checking and savings accounts, auto loans, mortgages, credit cards with rewards, and business banking services.

Branch Location & Accessibility

Accessibility and Features

At Royal, we prioritize accessibility for all our members. Our branch is fully ADA compliant, featuring ramps and spacious entrances to make your visit as smooth as possible. There's ample parking available right outside our doors, so you can park with ease and get the services you need without any hassle. For those on-the-go, we offer a drive-thru banking option where you can handle deposits, withdrawals, and simple transactions without leaving your car. Plus, if you're in need of cash or account information outside of business hours, our ATM is ready to serve you.

Operating Hours

We understand that everyone has busy schedules! That's why our lobby hours are designed to fit your needs: we're open Monday through Friday from 8:00 AM to 6:00 PM and Saturday from 9:00 AM to 12:00 PM. Whether you're stopping by before work or during lunch breaks on weekdays, we've got you covered!

Services Offered

At Royal Credit Union, we provide a wide range of personal banking services tailored for your convenience. From checking and savings accounts to auto loans and mortgage financing, we're here to help you with all your financial needs. You can also take advantage of online and mobile banking options for easy access anytime. While members can visit us at 14295 Cedar Ave, official correspondence should be sent to the same address as we keep things simple and straightforward. Feel free to reach out at 800-341-9911 if you have any questions or need assistance! We can't wait to welcome you into our branch and help you achieve your financial goals.

Member Eligibility

Welcome to the family at Royal! We're excited to invite you to become a member of our vibrant community. Joining us is simple and rewarding, as we believe in providing financial services that cater to your needs. To be eligible for membership at Royal, you generally need to meet a few key criteria, which may include living or working in specific areas, or being affiliated with certain organizations. It's all about finding the right fit for you! You can find detailed eligibility information on our website at http://www.rcu.org/about-royal/royal-credit-union/become-a-member, where we encourage you to explore how easy it is to join. Becoming a member opens up a world of benefits, from personalized banking solutions to competitive loan rates and exceptional customer service. We're here for you! If you're ready to take the next step, opening an account is a breeze. Just visit https://www.billerpayments.com/app/enrolledwebui/#/login?bsn=rculoanpaymentsmain for more details. If you have any questions or need assistance, feel free to give us a call at (800) 341-9911. We can't wait to welcome you into the Royal family!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to loans, we offer merchant services that simplify payment processing. Imagine a busy café using our point-of-sale systems to accept payments quickly and securely. This not only enhances customer satisfaction but also streamlines operations, allowing business owners to focus on what they do best serving their clients. Located at 14295 Cedar Ave Apple Valley Mn 55124, Apple Valley, MN, we are here to empower local businesses every step of the way. Visit us today or call us at (800) 341-9911 to learn more about how we can assist you in achieving your business goals!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,918 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $8 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,433,801,712, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

At Royal, we also recognize the needs of small businesses. Our Business Banking services include essential tools like Merchant Services & Business Loans, which can help you streamline payments and access funding when needed. Running a business comes with challenges, but with our support, managing your finances will be one less worry on your plate.

Connect with Us

At Royal, we strive for excellence in customer service and member satisfaction. If you're interested in learning more about how we can assist you with any of these services or if you have questions about membership eligibility, feel free to reach out by calling us at (800) 341-9911 or visit us at 14295 Cedar Ave Apple Valley Mn 55124 in Apple Valley. Join us today at Apple Valley Office and experience the difference personalized financial services can make in your life!

Credit Options and Rewards

For those who prefer using credit responsibly, we offer Credit Cards with Rewards, allowing you to earn points on everyday purchases while enjoying competitive interest rates. This means every dollar spent can bring you closer to exciting rewards or cashback opportunities.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking platforms that allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds or paying bills through our app, everything is just a few taps away. Plus, our ATM & Cash Withdrawal Services ensure you have easy access to cash whenever necessary. For those quick transactions or deposits, take advantage of our Drive-Thru Banking, where basic services such as deposits and withdrawals can be completed without leaving your car.

Personal Banking Solutions

For those seeking personal banking options, we offer Checking & Savings Accounts that cater to various lifestyles and savings goals. Imagine having a checking account that not only meets your daily transaction needs but also helps you save effortlessly. Our Auto Loans & Vehicle Financing make it easier for you to get behind the wheel of your dream car. With competitive rates and flexible terms, financing your next vehicle is straightforward and stress-free. If homeownership is on your mind, our Mortgage Loans & Refinancing services can help you navigate the process with ease. We understand that every family's journey is unique, so our team is ready to provide personalized advice to find the best mortgage solution for you. In addition, our Personal Loans & Debt Consolidation options are designed to help you manage expenses or consolidate existing debts into one manageable payment.

Digital & Online Banking

Key Services

Our online banking platform allows you to manage your accounts in real-time. You can view e-statements for quick access to your financial information without the clutter of paper documents yes, we offer e-statements! Plus, if you're looking for an even simpler way to send money, our person-to-person transfer service makes sharing funds with friends and family a breeze. For those who prefer mobile banking, our user-friendly mobile application is ready for download. It includes features like mobile payments, allowing you to make purchases directly from your smartphone. Whether you're out shopping or paying bills, it's all just a tap away!

Security and Convenience

Security is a top priority at Royal. Our electronic signature authorization ensures that your online transactions are safe and protected. You can conduct all your banking activities confidently knowing that we have put strong measures in place to keep your information secure. In today's fast-paced world, convenience matters. That's why our digital banking services are designed with ease-of-use in mind. From managing multiple accounts to making payments or transfers with just a few clicks, we aim to provide a smooth experience that fits into your busy life. Join us at Royal today and discover how our digital banking services can simplify your financial management while keeping everything secure and accessible!

Financial Strength

Growing Member Base

Total Share Accounts: 628,543, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $29,141,126. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Royal is your trusted partner. Visit us at 14295 Cedar Ave Apple Valley Mn 55124 or call (800) 341-9911 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.

Operational Efficiency

Our $36,141,946 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 794 full-time employees and 61 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinventing Banking for You

Our commitment to our members is reflected in our $467,726,403 in undivided earnings, which we reinvest into innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $97,770 in used auto loans and $4,692,350,119 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Secure Savings Opportunities

Members' savings are secured through $1,795,145,004 in share certificates and $769,795,158 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $31,998,374, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Foundation

With a net worth of $507,323,441, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $946 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

In addition to these loan offerings, we also provide credit lines totaling $1,257,331,982, giving you access to funds when you need them most. This flexibility can be invaluable for unexpected expenses or opportunities. Feel free to reach out to us at (800) 341-9911 for more information on our loan products or visit us at 14295 Cedar Ave Apple Valley Mn 55124 in Apple Valley, MN. Our friendly staff is ready to assist you Monday through Friday from 8:00 AM to 6:00 PM and Saturday from 9:00 AM to 12:00 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 navigate your borrowing needs today!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $1,410,922,285 in used vehicle loans and $202,527,718 in new vehicle loans already helping members get on the road. We offer flexible terms and competitive rates that can fit any budget.

Business Financing

For business owners, our outstanding commercial loans totaling $1,433,801,712 provide the capital needed to grow and expand your business. We understand the unique challenges businesses face, and we are here to support you every step of the way.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $265,752,977, make buying or refinancing simple. We provide various refinancing options to help you save money on your monthly payments or tap into your home's equity.

Unsecured Credit Cards

Managing day-to-day expenses is easier with our unsecured credit card loans. With a total of $114,373,761 in loans helping members handle their finances effectively, you can enjoy flexible terms and rewards that suit your lifestyle.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With so many options available, having a reliable tool like LendMesh can save you time and help you make informed choices. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to accuracy is based on the latest results available (Source: https://www.ncua.gov), ensuring fair and transparent offers for users. One of the key benefits of using LendMesh is its focus on verified data. Loan offers are sourced from legitimate financial institutions, which fosters transparency in the comparison process. Additionally, LendMesh does not prioritize lenders based on paid promotions this means that users receive unbiased results rather than sponsored listings. Real-time rate comparisons are another advantage of LendMesh. Users can access up-to-date loan rates from multiple institutions at any time, enabling them to make well-informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" For anyone looking to secure a favorable loan rate, comparing real-time loan offers today at LendMesh can be a valuable step toward achieving your financial goals. 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.

Royal

Type of Loan Offerings

Mortgage Loans

Personal Loans

Vehicle Loans

Introduction

Branch History & Mission

Community-Centric Mission

Join Us Today

Our Legacy

Branch Location & Accessibility

Accessibility and Features

Operating Hours

Services Offered

Member Eligibility

Business Banking & Commercial Services

Merchant Services That Make Sense

Tailored Loan Options

Comprehensive List Of Services

Business Banking Services

Connect with Us

Credit Options and Rewards

Digital Banking Features

Personal Banking Solutions

Digital & Online Banking

Key Services

Security and Convenience

Financial Strength

Growing Member Base

Operational Efficiency

Reinventing Banking for You

Secure Savings Opportunities

Solid Financial Foundation

Loan Offering

Additional Services

Auto Loans

Business Financing

Mortgage Loans

Unsecured Credit Cards

Loan Aggregator

Join Our Community