Security First Credit Union Detroit MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Security Credit Union, your trusted partner in financial wellness since 1955. Located at 2444 Clark St, Detroit, MI 48209, we are dedicated to providing exceptional service and support to our 52,618 members. Our commitment to fostering a strong community is evident in our impressive total assets of $639,832,112, ensuring that we have the resources to meet your financial needs. At Security Credit Union, we offer a wide range of services tailored to fit every member's unique situation from personal banking options like checking and savings accounts to vehicle financing and mortgage loans. Whether you're looking for a new auto loan or need assistance with debt consolidation, we're here to help. With total deposits amounting to $9,885,244 and a robust net worth of $62,703,520, you can trust that your finances are in safe hands. Our experienced team, led by CEO Jay Yax and Board President John Truchan, is committed to making your banking experience as convenient as possible. We pride ourselves on our friendly service and our ability to adapt to the ever-changing needs of our community. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address at PO Box 5160, Flint, MI 48505. We invite you to explore what Security Credit Union has to offer by visiting us online at securitycu.org or calling us at 810-235-2322. Join us today and discover how we can help you achieve your financial goals!

Branch History & Mission

Community Engagement

Our commitment goes hand-in-hand with active community involvement. We believe in building relationships that foster trust and support among residents in Detroit. Whether through educational workshops or local sponsorships, we work tirelessly to ensure that our community thrives alongside us. As you explore the many benefits of membership at Security Credit Union, we invite you to join our family. Experience firsthand how we prioritize your financial goals while nurturing the fabric of our beloved community. For more information about becoming a member or any of our services, please contact us at 810-235-2322, or visit us online at SecurityCU.org. Together, let's build a brighter future!

Our Mission

At Security Credit Union, our mission is simple yet profound: to provide exceptional financial services while actively supporting our community's growth and development. We strive to offer a range of services from personal banking options like checking and savings accounts to auto loans and business banking solutions all designed with our members' needs in mind. Our commitment extends beyond financial transactions; we aim to make a positive impact through community outreach initiatives and partnerships that uplift those around us. In today's fast-paced world, we understand the importance of convenience and accessibility. That's why we've embraced modern banking technologies such as online banking and mobile applications, ensuring that our members can manage their finances anytime and anywhere. Although we currently do not offer ATM or drive-thru services at this branch, we are dedicated to making every interaction smooth and beneficial.

Branch Location & Accessibility

Call to Action

We invite you to visit us at Security Credit Union in Detroit for all your banking needs! If you have any questions or need further information about our services, don't hesitate to reach out via phone or explore more on our website at Security Credit Union. We look forward to serving you soon!

Nearby Landmarks and Accessibility

Nestled close to several local landmarks, our branch is just a short drive from the bustling Michigan Central Station and the picturesque Detroit Riverfront. This prime location ensures that you can stop by easily while enjoying everything our city has to offer. We take pride in being accessible to all members of our community, with features such as ADA-compliant entrances and ample parking available nearby.

Operating Hours and Services

Our friendly team is ready to assist you during our lobby hours from 9:30 AM to 4:45 PM, Monday through Friday. If you need assistance outside these hours, feel free to give us a call at 810-235-2322. We offer a wide range of services including checking and savings accounts, auto loans, mortgage options, and credit cards with rewards all designed to help you achieve your financial goals. While you're here, please note that we currently do not have ATM facilities or drive-thru banking available at this location. However, we are committed to providing personalized service that puts your needs first.

Member Eligibility

At Security, we believe that everyone deserves to be part of a supportive community that cares about their financial well-being. Joining us is simple and welcoming! If you live, work, worship, or attend school in certain areas, you're likely eligible for membership. We also extend our arms to those related to existing members. This means more people can enjoy the benefits of being part of our family. Not only do our members gain access to great rates and personalized service, but they also have a voice in our community-focused initiatives. To find out all the details about eligibility, feel free to check out our website at https://www.securitycu.org/membership/ . Ready to become a member? Opening an account with us is straightforward and can be done online. Just visit https://applynow.securitycu.org/ to get started today! If you have any questions or need assistance along the way, don't hesitate to call us at (810) 235-2322. We're excited to welcome you into the Security community at 2444 Clark St Detroit Mi 48209!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $120 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $77 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $22,691,630, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine having the tools to streamline your payments and improve cash flow. Our merchant services do just that! With easy-to-use payment processing options, you can focus on what matters most growing your business. Whether it's accepting credit cards or online payments, we help you provide a seamless experience for your customers. Visit us at 2444 Clark St Detroit Mi 48209 in Detroit, MI or call us at (810) 235-2322 to learn more about how our business banking solutions can work for you. Let's take your business further together!

Comprehensive List Of Services

Accessing Your Funds

While we do not have ATMs or drive-thru services at this location, our lobby hours from 9:30 AM to 4:45 PM on weekdays ensure you have ample time to visit us for any transactions or inquiries you may have. If you're ready to explore how Security can meet your financial needs or if you have questions about any of our services like personal banking or business solutions, don't hesitate to reach out! Call us at 810-235-2322, visit us in person at our Detroit branch, or explore more on our website at Security CU. We look forward to serving you!

Business Banking

For entrepreneurs and business owners in Detroit, we offer comprehensive business banking services. From merchant services that help streamline transactions to customized business loans, we are committed to supporting local businesses as they grow and thrive.

Credit Solutions

When unexpected expenses arise, having access to quick cash is vital. That's where our personal loans and debt consolidation services come in handy. We understand life can be unpredictable; thus, we aim to provide flexible solutions tailored just for you. And if you're interested in building your credit while enjoying rewards, check out our credit cards with rewards, perfect for everyday purchases.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we prioritize digital banking at Security. Our online and mobile banking platforms allow you to manage your accounts anytime and anywhere. You can pay bills, transfer funds, and check balances right from your phone or computer. Plus, our person-to-person payment service makes it easy to send money to friends or family without hassle.

Personal Banking Services

For those who want to take control of their finances, we offer various personal banking options. Our checking and savings accounts are designed with features that make managing your money easy and efficient. Imagine being able to deposit your paycheck quickly and access your funds whenever you need them, all while earning interest on your savings. If you're considering purchasing a new car, our auto loans and vehicle financing solutions provide competitive rates that can fit any budget. Picture yourself driving off in your dream car without the stress of high payments. Additionally, if you're looking to buy a home or refinance an existing mortgage, our mortgage loans and refinancing options can guide you through the process smoothly.

Digital & Online Banking

Convenient Online Banking Services

With our 24/7 online banking options, you can check your balance, transfer funds, and manage your accounts anytime, anywhere. Just visit https://www.securitycu.org/ to get started! Whether you're at home or on the go, accessing your financial information is just a few clicks away.

Security You Can Trust

Security is our top priority. While we do not currently offer electronic signature authorization or mobile payments, our online banking platform uses advanced security measures to keep your information safe. Your peace of mind is essential to us, allowing you to focus on what matters most. In today's fast-paced world, having real-time access to your accounts simplifies life significantly. With the user-friendly tools at Security, managing your money has never been easier. Join us today and experience the convenience of digital banking tailored just for you!

User-Friendly Mobile Application

Our mobile application makes banking even more accessible. You can download it today for quick access to all of your accounts right from your smartphone. Need to send money to a friend? Our person-to-person transfer feature lets you do that in seconds! Plus, you can stay organized with e-statements, which are available for all members who prefer a paperless option.

Financial Strength

Conclusion

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Security is your trusted partner. Visit us at 2444 Clark St Detroit Mi 48209 or call (810) 235-2322 to learn more about how we can help you achieve your financial goals.

Dedicated Team

We also take pride in having 152 full-time employees and 12 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Together, they help manage over 87,815 accounts for our growing membership base of 52,618 individuals who trust us with their finances.

Member Savings Security

Members' savings are secured through $91,220,584 in share certificates and $88,161,744 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 commitment to excellence is reflected in our financial performance; our $2,019,765 showcases our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members.

Reinvestment for Better Services

With $37,354,953 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 your financial goals with $10,802 in used auto loans and $495,158,784 in total loans and leases.

Strong Financial Health

With a net worth of $62,703,520, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $978 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 $169,790,235 in used vehicle loans and $40,175,133 in new vehicle loans already helping members get on the road. We offer competitive terms and flexible repayment options to ensure you can drive away with confidence.

Business Financing

For business owners, our outstanding commercial loans totaling $22,691,630 provide the capital needed to grow and expand your operations. We are committed to supporting local businesses and helping them thrive.

Credit Lines and Unsecured Loans

For those looking for flexibility, we also offer total credit lines of $175,271,875 that can help you manage unexpected expenses or consolidate debt. Additionally, our unsecured credit card loans totaling $13,227,570 provide an easy way for members to manage their finances effectively without needing collateral.

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $26,314,792, make buying or refinancing simple. We provide personalized service to help you navigate the process and find a mortgage that suits your budget and lifestyle.

Refinancing Opportunities

If you're considering refinancing your existing loans or seeking eligibility options, our team is here to assist you every step of the way. We believe in making finance accessible and straightforward for all our members. If you have any questions or would like more information on how we can assist you with your financing needs, please don't hesitate to reach out. Call us at (810) 235-2322 during our business hours from 9:30 AM to 4:45 PM, Monday through Friday. 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 take the next step toward achieving your financial aspirations today!

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SECURITY CREDIT UNION