Selfreliance Credit Union Hamtramck MI | Affordable Auto Loans & Business Banking

Introduction

Welcome to Selfreliance at our Hamtramck Branch, located conveniently at 11756 Charest St, Hamtramck, MI 48212. Since our establishment in 1951, we have been dedicated to empowering our community through personalized financial services and support. With a proud membership of over 46,762 individuals, we understand the importance of building relationships based on trust and transparency. As a member-focused credit union, we take pride in our impressive assets totaling $1,019,513,746, ensuring that we have the resources needed to serve you effectively. Our commitment to providing valuable financial solutions is evident through our total loans of 23,434 and deposits amounting to $76,991,995. This strong financial standing allows us to offer competitive rates on auto loans, personal loans, mortgages, and more. Under the leadership of our CEO, Vitaliy Kutnyy, and Board President, Victor Wojtychiw, we are focused on enhancing your banking experience. We strive to create an environment where members feel valued and supported in their financial journeys. With a dedicated team of 152 employees, we're here to assist you every step of the way. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 11756 Charest St, Hamtramck, MI 48212. We invite you to explore how Selfreliance can help you achieve your financial goals. For more information or assistance, please don't hesitate to call us at 313-366-0055 or visit our website at selfreliance.com. Join us today and become part of a community that truly cares!

Branch History & Mission

Welcome to Selfreliance, a credit union with a rich legacy and a strong commitment to the community. Established in 1951, our Hamtramck Branch has been a cornerstone of financial support for over seven decades. Located at 11756 Charest St, Hamtramck, MI 48212, we are proud to serve our growing membership of 46,762 individuals. Throughout the years, Selfreliance has evolved significantly. We have expanded our services and improved our offerings to meet the changing needs of our members. From humble beginnings, we have grown our total assets to an impressive $1,019,513,746. Our mission is simple yet profound: to provide accessible financial services while supporting and uplifting our community. At Selfreliance, we believe that everyone deserves the opportunity to achieve their financial goals. We offer a range of services including personal banking, auto loans, mortgage loans, and business banking solutions. Our commitment extends beyond just financial transactions; we strive to foster lasting relationships with our members by being there for them in every step of their financial journey. While members can visit us at our physical location on Charest Street, official correspondence should be sent to the same address. Our operating hours are designed for your convenience: we're open Monday through Tuesday from 9:00 AM to 5:00 PM, Thursday and Friday from 9:00 AM to 5:00 PM, and Saturday and Sunday from 9:00 AM to 1:00 PM. As part of our mission to serve you better, we have embraced technology with features like online banking and mobile payments. Although we do not currently offer ATM or drive-thru services at this branch, our customer service team is always ready to assist you over the phone at 313-366-0055 or through our website. Community engagement is at the heart of what we do. We partner with local organizations and participate in outreach efforts that enhance the lives of those in Hamtramck and beyond. We understand that when our community thrives, so do we. Join us at Selfreliance today! Experience firsthand how we can help you achieve your financial dreams while making a positive impact in your community. Visit us online at Selfreliance or come see us at our branch we look forward to welcoming you!

Branch Location & Accessibility

Accessibility Features

At our Hamtramck location, we prioritize accessibility for all members. The branch is fully ADA compliant, featuring ramps and accessible parking spaces for those who need them. You can visit us without worry, whether you're coming in for personal banking services or just to ask a few questions.

Get in Touch

If you have any questions or would like more information about what we offer, feel free to give us a call at 313-366-0055. We'd love for you to stop by and see how Selfreliance can help you achieve your financial goals! Remember, while members can visit us at 11756 Charest St Hamtramck Mi 48212, official correspondence should be sent to the same address. We look forward to welcoming you at the Selfreliance Hamtramck Branch!

Operating Hours

We understand that life can get busy, which is why we offer flexible operating hours designed to fit your schedule. Join us on Monday from 9:00 AM to 3:00 PM, Tuesday and Thursday from 9:00 AM to 5:00 PM, and Friday when we stay open late until 7:00 PM. Need assistance on the weekend? We're here for you Saturday and Sunday from 9:00 AM to 1:00 PM.

Services Offered

While you're here, take advantage of a wide range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, we have options that cater to everyone. And if you prefer digital banking, our online and mobile banking services make managing your finances even easier.

Member Eligibility

At Selfreliance, we believe in creating a welcoming community where everyone can thrive together. Becoming a member is easy and open to anyone who shares our values. If you live, work, worship, or attend school in the Hamtramck area, you're already on your way to joining us! We prioritize inclusivity and are here to support you with a range of financial services tailored just for our members. To get all the details about eligibility, feel free to check out our membership criteria at http://www.selfreliance.com/join-about-us/membership/ . Ready to take the next step? Opening an account at Selfreliance is simple! Just visit us online or give us a call at (313) 366-0055. We're excited to help you start your journey with us at our branch located at 11756 Charest St Hamtramck Mi 48212. Join us today and experience the benefits of being part of our supportive financial family!

Business Banking & Commercial Services

Merchant Services Made Easy

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine having the ability to accept payments seamlessly while focusing on what you do best running your business. Our solutions help streamline operations and enhance customer satisfaction, making it easier for you to thrive in today's competitive market. Visit us at 11756 Charest St Hamtramck Mi 48212 in Hamtramck, MI, or give us a call at (313) 366-0055 to learn how we can partner together for your success!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $561 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $1 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $211,270,392, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we don't have ATMs at our branch location currently, our members can access cash withdrawal services through various partner networks. We ensure you have access when you need it most. We invite you to explore these services further by visiting us or calling us at 313-366-0055. At Selfreliance, we're committed to helping you navigate your financial future with confidence. Don't hesitate; take the first step towards better financial health today!

Auto Loans & Vehicle Financing

For those looking to purchase a new or used vehicle, our auto loans and vehicle financing options are flexible and competitive. Picture yourself driving away in that car you've always wanted, knowing you have a manageable payment plan that fits your budget.

Business Banking

For our entrepreneurial members, we offer business banking services including merchant services and business loans. If you're looking to start or grow your business, our team is equipped to assist you with financing options that help turn your vision into reality.

Credit Cards with Rewards

Our credit cards come with rewards that can enhance your purchasing power. Imagine earning points every time you swipe for groceries or gas those points could lead to travel rewards or cash back, making everyday spending more rewarding.

Mortgage Loans & Refinancing

If homeownership is on your mind, we offer mortgage loans and refinancing options to make your dream home a reality. Our knowledgeable staff can guide you through various loan products tailored to your financial situation, ensuring that you understand every detail along the way.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking services. With features like mobile payments and person-to-person transfers at your fingertips, managing your finances has never been easier.

Personal Banking

One of the cornerstones of our offerings is personal banking, where we provide checking and savings accounts designed for everyday use. Imagine having a secure place to manage your money while earning interest our accounts make that possible.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. With our personal loans and debt consolidation services, you can tackle those challenges head-on. Whether it's an emergency expense or consolidating credit card debt into one easy monthly payment, we're here to provide solutions that alleviate stress.

Digital & Online Banking

Mobile Banking Made Simple

Stay connected with our mobile application, which provides all the features of online banking in the palm of your hand. Want to make payments on the go? Our mobile payments feature allows you to pay for purchases quickly and securely. No more fumbling with cash or cards; just tap and go! At Selfreliance, we believe that banking should be accessible and straightforward. With our comprehensive digital services, managing your finances is not just efficient but also enjoyable. Join us today and experience the freedom of banking whenever you need it!

User-Friendly Features

Your security is our priority. We offer electronic signature authorization, allowing you to sign documents safely from anywhere without needing to visit a branch. Additionally, e-statements are available for those who prefer a paperless approach, making it easy to track your financial history while being environmentally friendly.

Financial Strength

Lending Capacity

Our lending capacity supports members' financial aspirations across various sectors with $1,223 in used auto loans and $597,246,512 in total loans and leases. This means whether you're looking to buy a car or fund other important needs, we're here to help.

Member Savings

Members' savings are secured through $338,018,008 in share certificates and $90,201,078 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 $2,133 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 142 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $134,732,850, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,321 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Growth

With $119,439,128 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment extends to helping you reach your financial goals with confidence.

Strong Member Base

Total Share and Deposit Accounts stand at 96,157, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $6,622,840, further highlighting our commitment to your financial wellbeing. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Selfreliance is your trusted partner. Visit us at 11756 Charest St Hamtramck Mi 48212 or call (313) 366-0055 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $18,030,517 in used vehicle loans and $7,248,560 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles to ensure you find what best suits your lifestyle.

Credit Lines

For those who need access to ongoing funds, our total credit lines amount to $418,450,473. This allows you the flexibility to borrow what you need when you need it without going through the hassle of applying for a new loan each time.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $4,864,705, make buying or refinancing simple. We believe that owning a home should be an attainable dream for everyone.

Refinancing Options

If you're interested in refinancing any existing loans for better rates or terms, please inquire with us about eligibility options. We're here to help guide you through the process and find the best solution for your needs. Our dedicated team is available at (313) 366-0055 during our operating hours: Monday 9:00 AM - 3:00 PM, Tuesday and Thursday 9:00 AM - 5:00 PM, Friday 9:00 AM - 7:00 PM, and Saturday & Sunday from 9:00 AM - 1:00 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. Visit us today or check out our website at selfreliance.com to learn more about how we can assist you with your financial journey!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $9,035,439 in loans helping members manage their finances effectively. This can be a great option if you're looking for a way to consolidate debt or cover unexpected expenses.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions. This means users receive transparent information without hidden agendas. - No Sponsored Listings: Unlike other platforms, LendMesh does not prioritize lenders based on paid promotions. The goal is to provide truly unbiased results for every user. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, empowering them to make informed financial 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!" This testimonial highlights how effective and user-friendly the platform is. Ready to find the best rates for your needs? Compare real-time loan offers today at LendMesh. 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.

Ensuring Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing its data 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 to reliable data means users can trust that they are seeing fair and transparent offers tailored to their needs.

SELFRELIANCE FEDERAL CREDIT UNION - Hamtramck, MI