Royal Credit Union Inver Grove Heights MN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Royal, your trusted financial partner located at 7055 Cahill Ave, Inver Grove Heights, MN 55076. Established in 1964, our credit union has been dedicated to serving the community for nearly six decades. With a robust membership of 318,645 individuals, we pride ourselves on being a reliable resource for all your financial needs. At Royal, we understand that every member is unique, and we're here to provide personalized services that matter most to you. From auto loans and mortgages to checking accounts and business banking solutions, our total assets of over $5.36 billion ensure we have the resources to support your financial journey. Our commitment to excellence is reflected in our net worth of $507,323,441 and total deposits exceeding $295 million. Our dedicated team of 855 employees, led by CEO Brandon Riechers and Board President Tom Huffcutt, is here to guide you every step of the way. You can count on us for friendly service whether you're visiting in person or using our online and mobile banking options. While members can visit us at 7055 Cahill Ave, official correspondence should be sent to the same address as our mailing address is identical. Feel free to reach out at 715-833-8111 with any questions or if you need assistance. Explore our wide range of services today by visiting our website at www.rcu.org. We invite you to join our thriving community where your financial well-being is our top priority!

Branch History & Mission

At Royal, we take great pride in our rich legacy and unwavering commitment to serving the community of Inver Grove Heights, Minnesota. Since opening our doors in 1964, we have grown alongside our members, evolving into a trusted financial partner that supports not only personal growth but also the prosperity of our local community. Located at 7055 Cahill Ave, Inver Grove Heights, MN 55076, our branch has become a familiar place for many residents seeking reliable financial services. Over the years, we have celebrated significant milestones that reflect our dedication to our members. Today, we proudly serve over 318,000 members and manage total assets exceeding $5.36 billion. This growth is a testament to the trust and loyalty of our members who believe in our mission: to improve the financial well-being of our communities and empower individuals to achieve their goals. Our mission goes beyond just offering financial products; it's about making a positive impact on the lives we touch. We strive to provide accessible banking solutions through personal accounts, auto loans, mortgages, credit cards with rewards, and business banking services. We also emphasize customer service excellence by ensuring that every member feels valued and supported. While you can visit us at our main address for all your banking needs, official correspondence should be sent to the same address as we do not have a different mailing address. Our operating hours are designed with convenience in mind: Monday through Friday from 8 AM to 5 PM and Saturday from 9 AM to noon for drive-thru services. As part of our commitment to accessibility, we offer an ATM on-site and a drive-thru banking option for quick transactions. We also prioritize digital advancements like online banking and mobile payments so that you can manage your finances anytime and anywhere. Royal believes in giving back to the community that has supported us throughout the years. Our partnerships with local organizations and participation in community outreach efforts reflect our dedication to making Inver Grove Heights a better place for everyone. We invite you to join us at Royal and experience firsthand the benefits of being part of a credit union that truly cares. Whether you're looking for personal banking solutions or want to connect with others in your community, we're here for you every step of the way. Together, let's build a brighter financial future! For more information or assistance, feel free to call us at 715-833-8111 or visit us online at www.rcu.org.

Branch Location & Accessibility

Convenient Access

Getting to us is easy! With ample parking available, you'll find it hassle-free to drop by. We also ensure our branch is accessible for everyone, featuring ADA-compliant entrances and ramps for those who need them. If you're on the go, take advantage of our drive-thru service for quick transactions without leaving your car.

Operating Hours

Our doors are open Monday through Friday from 8 AM to 5 PM, and we're here for you on Saturdays from 9 AM until noon at the drive-thru. Whether you're looking to open an account, apply for a loan, or simply have questions about your finances, our dedicated staff is ready to assist you during these hours.

Services Offered

At Royal, we offer a variety of services including personal banking options like checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing, as well as credit cards with rewards. Need business banking solutions? We've got you covered there too with merchant services and business loans. Plus, with our online and mobile banking features, managing your finances has never been easier! While members can visit us at 7055 Cahill Ave for all their banking needs, official correspondence should be sent to the same address: 7055 Cahill Ave, Inver Grove Heights, MN 55076.

Stay Connected

If you have any questions or want to learn more about how we can help you achieve your financial goals, don't hesitate to reach out! Give us a call at 715-833-8111. We look forward to welcoming you into our branch soon!

Member Eligibility

Becoming a member of Royal is like joining a warm and welcoming family where your financial well-being is the top priority. If you live, work, or go to school in the areas we serve, you are likely eligible to become a member. We believe in supporting our community, so individuals from various backgrounds can join us. Membership offers numerous benefits, including access to great rates on loans, personalized service, and a range of products designed to fit your needs. To explore the specific eligibility criteria, feel free to visit our website at http://www.rcu.org/about-royal/royal-credit-union/become-a-member for more details. Opening an account with us is simple and straightforward! Whether you're ready to make the leap or just want to learn more about what we offer, you can start the process by visiting https://www.billerpayments.com/app/enrolledwebui/#/login?bsn=rculoanpaymentsmain. If you have any questions along the way, don't hesitate to reach out at (715) 833-8111 we're here to help! Join us at our branch located at 7055 Cahill Ave Inver Grove Heights Mn 55076 and discover how being part of Royal can enhance your financial journey.

Business Banking & Commercial Services

Merchant Services That Matter

But it's not just about loans; we also offer merchant services that make daily transactions smoother. Picture this: your customers can pay easily with various payment methods while you manage sales efficiently. This convenience enhances customer satisfaction and keeps your cash flow steady. Join us at Royal, located at 7055 Cahill Ave Inver Grove Heights Mn 55076, Inver Grove Heights, MN, and let's work together to build a brighter future for your business. For more information, call us at (715) 833-8111 or visit our website at https://www.rcu.org/.

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

Convenient Transactions

If you're in a hurry, our basic drive-thru banking allows for quick deposits and withdrawals without leaving your car. And if you prefer automated transactions, our basic ATM access lets you withdraw cash or check your balance with ease.

Credit Options That Work for You

With our credit cards featuring rewards, every purchase can lead to something special. Whether it's earning points for travel or cashback on everyday expenses, we have options that suit different lifestyles.

Financing Your Dreams

Thinking about buying a car? Our auto loans and vehicle financing options make it easy to drive away in your dream vehicle without breaking the bank. We also provide mortgage loans and refinancing solutions for those ready to buy their first home or refinance an existing mortgage. For personal needs like renovations or unexpected expenses, our personal loans and debt consolidation services give you the flexibility you require.

Get Started Today!

With so many services available at Royal, we're here to ensure your financial journey is smooth and stress-free. If you have questions or want to learn more about how we can assist you, don't hesitate to reach out! Call us at 715-833-8111 or visit us online at rcu.org today! We're excited to support you in achieving your financial goals!

Personal Banking Made Easy

We understand that managing your finances should be straightforward. That's why we offer personal banking services that include checking and savings accounts designed for your lifestyle. Need access to cash? Our ATM and cash withdrawal services ensure you can get your funds when you need them. Plus, with our online and mobile banking, you can check your balance, transfer money, or pay bills anytime, anywhere.

Supporting Local Businesses

For business owners, we offer comprehensive business banking services, including merchant services and business loans that help you grow your enterprise. Our understanding of local needs means we are committed to supporting businesses within our community.

Digital & Online Banking

Key Features

Our online banking platform makes it simple to keep track of your financial activities. You can view your account balances, check recent transactions, and transfer money with just a few clicks. For those who prefer mobile banking, our user-friendly mobile application is available for download, allowing you to manage your finances on the go. Sending money to friends or family is a breeze with our person-to-person transfer feature. Need to sign documents? You can do that too! Our electronic signature authorization lets you complete important transactions without the hassle of printing or scanning.

Security & Accessibility

Your security is our top priority. With robust security measures in place, you can feel confident knowing that your personal information is protected while using our services. Plus, opting for e-statements means you can access your account statements securely and environmentally friendly no more paper clutter! Whether you're making mobile payments or managing daily expenses, our services are designed to provide real-time updates and ease of use. If you have any questions, feel free to reach out at (715) 833-8111. Explore how Royal can simplify your banking experience today!

Financial Strength

Growing Member Base

With a total of 628,543 share accounts, it's clear that more people trust us with their finances every day. Our net shares available for lending and investments stand at $29,141,126, reinforcing our commitment to fostering growth within our community. 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 7055 Cahill Ave Inver Grove Heights Mn 55076 or call (715) 833-8111 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.*

Member-Centric Savings

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.

Operational Efficiency

Our $20,122,401 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.

Reinvesting in Your Future

With $467,726,403 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is robust: we currently hold $97,770 in used auto loans and $4,692,350,119 in total loans and leases. This means we're here to support your financial goals across various sectors.

Solid Financial Foundation

With a net worth of $507,323,441, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.46% 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, 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. Whether you're interested in financing a brand-new model or a reliable used vehicle, we have options that fit your budget.

Business Loans

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

Credit Card Loans

For those looking for extra flexibility, we also offer unsecured credit card loans, with a total of $114,373,761 in loans helping members manage their finances effectively. Our credit cards come with various rewards and benefits designed to enhance your purchasing power while keeping your finances manageable.

Credit Lines

Need additional funds for personal projects or unexpected expenses? Our total credit lines amount to $1,257,331,982, providing you with easy access to cash when you need it most. This option allows you to borrow as needed while only paying interest on what you use.

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 offer competitive rates and flexible terms to help make your dream of owning a home a reality.

Refinancing Options

If you're considering refinancing any existing loans, our team is here to help you explore eligibility options that can lead to better rates and terms. Refinancing might save you money each month or help pay off your loan faster. At Royal, we're committed to empowering our members through tailored financial solutions. For more information about our loan offerings or to discuss which product might be right for you, please don't hesitate to reach out at (715) 833-8111 or visit us at our branch located at 7055 Cahill Ave Inver Grove Heights Mn 55076 in Inver Grove Heights, MN. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your financial well-being is our priority!

Loan Aggregator

Benefits of Using LendMesh

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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 ensures that users receive fair and transparent offers tailored to their financial situations.

ROYAL CREDIT UNION - Inver Grove Heights, MN

Type of Loan Offerings

Mortgage Loans

Personal Loans

Vehicle Loans

Compare Loan Rates Near You

Loan rates in Inver Grove Heights, MN (55076)

Introduction

Branch History & Mission

Branch Location & Accessibility

Convenient Access

Operating Hours

Services Offered

Stay Connected

Member Eligibility

Business Banking & Commercial Services

Merchant Services That Matter

Tailored Loan Options

Comprehensive List Of Services

Convenient Transactions

Credit Options That Work for You

Financing Your Dreams

Get Started Today!

Personal Banking Made Easy

Supporting Local Businesses

Digital & Online Banking

Key Features

Security & Accessibility

Financial Strength

Growing Member Base

Member-Centric Savings

Operational Efficiency

Reinvesting in Your Future

Solid Financial Foundation

Loan Offering

Auto Loans

Business Loans

Credit Card Loans

Credit Lines

Mortgage Loans

Refinancing Options

Loan Aggregator

Benefits of Using LendMesh

How LendMesh Ensures Accurate Comparisons

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