Saco Valley Credit Union ME | Affordable Auto Loans & Business Banking

Introduction

Welcome to Saco Valley, your trusted partner in financial well-being since 1947! Located at 312 Main St, Saco, ME 04072, we have been dedicated to serving our community with care and commitment for over 75 years. As a member of our credit union, you join a family of 9,196 members who enjoy personalized banking services tailored to their needs. At Saco Valley, we pride ourselves on our strong financial foundation, boasting total assets of $183,857,095 and total deposits reaching $8,929,465. With a net worth of $18,193,171, we are well-equipped to provide you with the support and resources necessary for your financial journey. Whether you're looking for auto loans where we currently manage 5,759 loans or savings accounts that help grow your wealth, we've got you covered. Our CEO, Kevin Partridge, and Board President, Timothy Nelson, lead a dedicated team of 33 employees who are here to assist you every step of the way. While members can visit us at our branch location for face-to-face consultations, official correspondence should be directed to our mailing address: PO Box 740, Saco, ME 4072. We understand that every member's financial situation is unique. That's why we offer a variety of services including personal banking options like checking and savings accounts, auto financing, mortgage loans, and business banking solutions. Our goal is to empower you with the tools needed to achieve your financial dreams. Ready to take the next step? Feel free to reach out at (207) 282-6169 or explore more about us on our website sacovalley.org. Let's work together towards a brighter financial future!

Branch History & Mission

At Saco Valley, we take pride in our rich history and unwavering commitment to the community. Founded in 1947, our credit union has evolved from a small organization serving a handful of members to a robust financial institution with over 9,196 members today. Our main office is located at 312 Main St, Saco, ME 04072, right in the heart of the city, making it convenient for our members to access our services. Throughout the years, Saco Valley has achieved significant milestones that reflect our dedication to providing quality financial services. With total assets now exceeding $183,857,095, we have steadily grown while maintaining a focus on member satisfaction and community support. Our mission is clear: we strive to improve the financial well-being of our members by offering personalized banking solutions and fostering a sense of belonging within our community. Our operating hours are designed to accommodate busy schedules: Monday and Thursday from 9 a.m. to 5 p.m., Tuesday from 9 a.m. to noon, Wednesday from 9 a.m. to 4 p.m., and Friday from 9 a.m. to 6 p.m. Unfortunately, we currently do not have ATM or drive-thru services available, but we are committed to enhancing your experience through our digital banking options. We recognize that being part of a community means more than just providing financial services; it involves giving back and supporting local initiatives. We actively engage with various organizations and participate in outreach programs that aim to uplift our neighbors and promote economic growth in Saco and surrounding areas. While members can visit us at 312 Main St, official correspondence should be sent to PO Box 740, Saco, ME 4072 if different mailing needs arise. At Saco Valley, we're not just about numbers; we're about people. Join us today and experience how we can help you achieve your financial goals while being part of something greater a community-focused credit union dedicated to your success! For more information or assistance, please call us at 207-282-6169 or visit our website at sacovalley.org.

Branch Location & Accessibility

Convenient Access

We strive to ensure that your visit is comfortable and straightforward. Our branch offers easy parking options for members, so you can hop in and out without any hassle. We are also committed to accessibility, featuring ramps and other ADA-compliant measures to make sure everyone can visit us with ease.

Operating Hours

Our doors are open at various times throughout the week to accommodate your busy schedule. You can come by on Monday and Thursday from 9 a.m. to 5 p.m., Tuesday from 9 a.m. to noon, Wednesday from 9 a.m. to 4 p.m., and Friday from 9 a.m. to 6 p.m. We're even open on Saturday mornings! If you have questions or need assistance while you're here, feel free to give us a call at 207-282-6169.

Services Offered

At Saco Valley, we offer a range of services designed to help you manage your finances effectively. From checking and savings accounts to auto loans, mortgage refinancing, personal loans, and credit cards with rewards our team is here to support your financial journey every step of the way. Although we currently do not have ATM facilities or drive-thru service available at this location, our staff is dedicated to providing exceptional in-person support during business hours. We invite you to stop by our branch today! Whether you're interested in opening an account or learning more about our services, we look forward to meeting you and helping you achieve your financial goals!

Member Eligibility

Welcome to the Saco Valley family! Becoming a member of Saco Valley is an exciting opportunity to join a community that truly cares about your financial well-being. If you're wondering whether you can become part of this supportive group, it's pretty simple. You are eligible if you live, work, worship, or attend school in York County, Maine, or if you have an immediate family member who is already a member. This means that many people in our local community can take advantage of our services and benefits. Joining us is easy and straightforward! You can find all the detailed eligibility requirements on our website at this link. Once you know you're eligible, opening an account is just as seamless; you can start the process online by visiting this page. If you have any questions or need assistance along the way, don't hesitate to give us a call at 207-282-6169. We're here to help you every step of the way as you embark on your journey with Saco Valley!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, our merchant services offer practical benefits for day-to-day operations. Imagine effortlessly accepting payments from customers while keeping track of your sales all from one place. Our tools simplify transactions, allowing you to focus on what truly matters: growing your business. Visit us at 312 Main St Saco Me 04072 in Saco, ME or call us at (207) 282-6169 to explore how we can help you achieve your business goals. Let's build a brighter future together!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $19 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $23 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,281,042, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

At Saco Valley, we haven't forgotten about business owners! Our business banking services, including merchant services and business loans, are tailored for local entrepreneurs looking to grow their ventures. Imagine having the financial support you need right in your community.

Credit Solutions

For those who need extra funds for personal projects or consolidating debt, we offer personal loans and debt consolidation options that give you the freedom to manage your finances more effectively. Plus, our credit cards with rewards allow you to earn benefits while making purchases it's like getting paid back for spending!

Digital Banking Convenience

We know that convenience is key in today's fast-paced world. That's why we offer robust online and mobile banking services that let you manage your accounts anytime, anywhere. You can check balances, transfer funds, and even make payments all at your fingertips! With features like mobile payments and person-to-person transfers, taking care of your finances has never been easier. Whether you're stopping by our branch at 312 Main St Saco Me 04072, giving us a call at (207) 282-6169, or accessing our services online at Main Office, we're here to help you every step of the way. Join us today and experience personalized service that puts your needs first!

Home Financing Options

Thinking about buying a home? Our mortgage loans and refinancing services are designed to guide you through one of life's biggest investments. Whether you're a first-time buyer or looking to refinance an existing mortgage, we simplify the process so you can focus on what matters most making your house feel like home.

Personal Banking Solutions

When it comes to personal banking, we offer a variety of options that make managing your money easier than ever. Our checking and savings accounts provide you with flexible choices for everyday banking. Imagine opening a new account online from the comfort of your home, or visiting us during our operating hours Monday and Thursday from 9 a.m. to 5 p.m., Tuesday from 9 a.m. to noon, Wednesday from 9 a.m. to 4 p.m., and Friday from 9 a.m. to 6 p.m. to discuss your options face-to-face. If you're looking to purchase a vehicle, our auto loans and vehicle financing solutions are tailored just for you. We work with you to find competitive rates that fit your budget. Picture driving off in your dream car, knowing you made an informed financial choice with the help of our knowledgeable staff.

Digital & Online Banking

Key Services

With our online banking platform available at https://sacovalley.org/, you can access your accounts anytime, anywhere. Enjoy features like e-statements, which provide a secure and eco-friendly way to keep track of your financial activity without the clutter of paper statements. Plus, with electronic signature authorization, signing documents is simple and secure, saving you time and hassle. Our mobile application takes banking on-the-go to the next level. You can make mobile payments seamlessly, transfer money easily through person-to-person transfers, and check your account balances in real-time all from your smartphone. It's all about making your life easier while keeping your information safe.

Security and Accessibility

Security is a top priority at Saco Valley. Our online banking services are designed with robust security measures to protect your personal information. You can bank with confidence knowing that we prioritize your safety while you enjoy the flexibility of 24/7 online banking services. In summary, our digital banking offerings not only enhance accessibility but also simplify how you manage your finances. Experience the convenience today by visiting us at https://sacovalley.org/ or downloading our mobile app. With Saco Valley, you're just a few clicks away from taking control of your financial journey!

Financial Strength

Community Trust

Total Share and Deposit Accounts stand at 21,799, showing a strong and growing member base that trusts us with their finances. This trust is essential as we work together toward achieving your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Saco Valley is your trusted partner. Visit us at 312 Main St Saco Me 04072 or call (207) 282-6169 to learn more about how we can help you achieve your financial goals.

Focused on Member Services

With $18,193,171 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors, with $1,152 in used auto loans and a total of $151,176,396 in loans and leases. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 29 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $59,270,836 in share certificates and $21,496,703 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.

Solid Financial Health

With a net worth of $18,193,171, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $990 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 provide some of the lowest rates in the industry. We've issued over $18,612,165 in used vehicle loans and $8,003,246 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, we have financing options tailored for you.

Credit Lines and Business Loans

For those looking for additional flexibility, our total credit lines amount to $52,558,490, giving you easy access to funds when you need them most. Additionally, for business owners, our outstanding commercial loans totaling $1,281,042 provide the capital needed to grow and expand your business.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple and accessible. We offer Junior Lien 1-4 Family Residential Properties loans totaling $13,223,111, ensuring that your path to owning a home is as smooth as possible.

Refinancing Options

If you're interested in refinancing any of these products or learning about eligibility options, we're here to help! Our team can guide you through the process and ensure that you find the best fit for your financial situation. At Saco Valley Credit Union, we pride ourselves on providing personalized service and competitive rates. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today and see how we can assist you on your financial journey!

Unsecured Credit Cards

Managing your finances effectively is crucial. We also provide flexible terms on unsecured credit card loans, with a total of $2,209,690 in loans available. This can help you cover unexpected expenses or make purchases without stress.

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, it's crucial to have a reliable tool that ensures you get the best deal. LendMesh stands out by ensuring accurate loan 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 commitment guarantees fair and transparent offers, allowing users to make informed choices without hidden surprises. The benefits of using LendMesh are clear: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users receive up-to-date loan rates from multiple institutions, helping them make informed decisions quickly. 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!" 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.

Saco Valley