Soo Co-op Credit Union Brimley MI | Affordable Auto Loans & ATMs

Introduction

Welcome to Soo Co-op, your trusted financial partner in the heart of Brimley, Michigan! Located at 6946 S M221, we have proudly served our community since 1958, building strong relationships based on trust and reliability. With a total membership of 23,583, we are dedicated to ensuring that each member feels valued and supported in their financial journey. At Soo Co-op, we manage over $281 million in assets, empowering you with a range of services tailored to meet your unique needs. Whether you're looking for personal banking solutions like checking and savings accounts, auto loans, or mortgage refinancing, we've got you covered. Our commitment to our members is reflected in our robust offerings, including business banking services and online banking options for your convenience. While members can visit us at our branch location, official correspondence should be sent to RR 1, Brimley, MI 49715. This is just one way we strive to ensure smooth communication with our valued members. Led by our dedicated CEO Lynda Ellis and Board President Edwin Cook, our team of 89 employees is here to provide personalized service and expert guidance. We believe in giving back to the community we serve while maintaining a strong financial foundation with total deposits reaching $26 million and net worth standing at $37 million. Ready to take the next step? Visit us today or call us at 906-632-5309. Discover how Soo Co-op can help you achieve your financial goals! For more information about our services, check out our website at soocoop.com.

Branch History & Mission

At Soo Co-op, we take pride in our rich legacy that dates back to 1958 when we first opened our doors in Brimley, MI. Over the years, we have transformed from a small community credit union into a thriving financial institution with a dedicated membership of over 23,500 individuals. Our journey has been marked by significant milestones and a commitment to serving our community with integrity and care. Located at 6946 S M221, Brimley, MI 49715, our branch is easily accessible for all members. Whether you're coming from downtown or nearby areas, you can find us near local landmarks that make it convenient for everyone. For official correspondence, please use our mailing address: RR 1, Brimley, MI 49715. The mission of Soo Co-op is simple yet impactful: to provide exceptional financial services while fostering community support and empowerment. We believe in creating opportunities for our members through personalized banking experiences that cater to their unique needs. From checking and savings accounts to auto loans and mortgages, we strive to offer products that help individuals achieve their financial goals. Our total assets now stand at an impressive $281,330,550, reflecting our strong position within the community and the trust placed in us by our members. We embrace innovation while maintaining traditional values; this includes providing online banking options and mobile applications for easy access to your accounts. Additionally, we ensure compliance with ADA regulations so everyone can benefit from our services. Community outreach is also a core part of our mission. We engage in various partnerships and initiatives aimed at enhancing the lives of those in Brimley and surrounding areas. Whether it's sponsoring local events or supporting educational programs, Soo Co-op remains deeply rooted in its commitment to giving back. We invite you to visit us during our operating hours: Monday through Friday from 9:00 am to 5:00 pm and Saturday from 10:00 am to 1:00 pm (Drive-Thru Only). With ATM availability and drive-thru banking services offered as well, we're here to make banking as convenient as possible. Join us today at Soo Co-op! Experience the difference of being part of a credit union that truly values its members and works tirelessly for the betterment of the community. For more information or assistance, feel free to call us at 906-632-5309 or visit our website at soocoop.com. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility Features

At Soo Co-op, we understand the importance of accessibility for all our members. Our branch is equipped with features like ADA-compliant ramps, ensuring that everyone can navigate our space comfortably. Additionally, ample parking is available nearby for your convenience.

Operating Hours

We value your time and strive to accommodate your busy schedule. Our lobby hours are from 9:00 am to 5:00 pm Monday through Friday, and we also welcome you on Saturdays from 10:00 am to 1:00 pm for drive-thru services only. Whether you need to make a quick deposit or have a more complex banking inquiry, we're here to help during these hours.

Services Offered

Soo Co-op provides a range of services tailored to meet the needs of our diverse membership. You can enjoy personal banking options including checking and savings accounts, auto loans, mortgage loans, personal loans, and even credit cards with rewards. If you're a business owner, we offer merchant services and business loans as well. Plus, with our online and mobile banking services, managing your finances has never been easier! For those looking for cash access, we have an ATM on-site, ensuring you can withdraw funds when needed without any hassle. Our shared service center allows members of partner credit unions to make deposits and withdrawals conveniently. If you have any questions or would like assistance with your banking needs, feel free to call us at 906-632-5309. We're here to help! We invite you to stop by Soo Co-op today experience the personal touch of community banking where your financial success is our priority.

Member Eligibility

Becoming a member of Soo Co-op is like joining a welcoming family where your financial needs are prioritized. If you live, work, worship, or attend school in the Brimley area, you're already on the path to membership! We believe everyone deserves access to affordable financial services, and that's why we offer membership to those who meet these simple criteria. Joining us not only gives you access to a wide range of financial products but also connects you with our dedicated team that genuinely cares about your financial well-being. To learn more about the specific eligibility requirements, feel free to check out our detailed guide at http://www.soocoop.com/become-a-member. Ready to take the next step? Opening an account is easy! Just visit http://www.soocoop.com/loanapplication, or give us a call at (906) 632-5309 if you have any questions. We're here to help you every step of the way at our location: 6946 S M221 Brimley Mi 49715.

Business Banking & Commercial Services

Business Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $57 in commercial loans for our members, helping businesses scale and succeed. This funding allows local entrepreneurs to invest in new equipment, hire staff, or launch innovative projects. Additionally, we offer flexible financing solutions for non-members as well. By providing $0 in non-member commercial loans, we ensure that even more businesses have access to the capital they need.

Merchant Services for Everyday Operations

Imagine running your daily operations without a hitch accepting payments easily and managing transactions smoothly. With our merchant services, you can do just that. These services allow you to accept various payment methods, making it easier for customers to shop with you. Located at 6946 S M221 Brimley Mi 49715 in Brimley, MI, we're here to support your business every step of the way. Let us help you achieve your vision and drive success! For more information or to get started, call us at (906) 632-5309 or visit our website at https://www.soocoop.com/.

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM services allow you to withdraw cash or check balances anytime, while our basic drive-thru banking provides an easy way to handle deposits and withdrawals without leaving your car. We also support basic shared branch transactions for those who bank with partner credit unions. If you have questions about any of these services or want to learn how we can assist you further, don't hesitate to reach out at (906) 632-5309. Our friendly staff is ready to help! Visit us today at 6946 S M221 Brimley Mi 49715 in Brimley, MI, or explore more about what we offer by checking out our website at Brimley Branch. Join us in making financial well-being achievable for everyone!

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our auto loans and vehicle financing options are competitive and tailored to fit your budget. With quick approvals and personalized service, you can drive away in the car of your dreams without the hassle.

Business Banking Solutions

For our business members, we offer comprehensive business banking services, including merchant services and business loans. We understand that running a business comes with challenges, which is why we provide tools designed to help you succeed.

Credit Cards with Rewards

Don't forget about our credit cards with rewards! Earn points on everyday purchases that can be redeemed for travel, merchandise, or even cash back. It's a simple way to make the most out of your spending.

Digital Banking Features

In today's fast-paced world, convenience matters. That's why Soo Co-op offers robust online and mobile banking features. Manage your accounts from anywhere, pay bills online, or use person-to-person payment options with just a few taps on your smartphone.

Mortgage Loans & Refinancing

Homeownership is within reach with our mortgage loans and refinancing solutions. Whether you're purchasing your first home or looking to refinance an existing loan for better rates, we're here to guide you through the process every step of the way.

Personal Banking

Managing your personal finances has never been easier. Our checking and savings accounts are straightforward and come with no hidden fees. You can easily track your spending and save for your goals, whether it's a vacation or an emergency fund. When life throws unexpected expenses your way, our personal loans and debt consolidation options provide flexible solutions to keep you on track.

Digital & Online Banking

Key Features

With our online banking services available 24/7 at https://www.soocoop.com/, you can access your accounts whenever it suits you. Whether you're checking your balance, paying bills, or transferring money between accounts, everything is just a few clicks away. Plus, our person-to-person transfer feature makes sending money to friends and family as simple as a text message. For those who prefer using their mobile devices, our mobile application provides a user-friendly interface that allows you to manage your accounts on the go. You can view e-statements anytime, which means no more waiting for paper statements in the mail. Instead, you'll have quick access to all your important account information right at your fingertips.

Security and Accessibility

We prioritize your security with every transaction. Although we currently do not offer electronic signature authorization, rest assured that our online banking platform employs robust security measures to protect your personal information. Accessibility is key our mobile payments feature may not be available right now, but our comprehensive online banking system ensures that you can handle all essential banking tasks easily from home or while out and about. Plus, if you're ever in need of assistance, feel free to reach out via phone at (906) 632-5309. At Soo Co-op, we're committed to providing you with an exceptional banking experience that fits into your busy lifestyle. Embrace the ease of digital banking today!

Financial Strength

A Solid Foundation

With a net worth of $37,197,884, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.22% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Efficient Operations

Our $1,162,815 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 64 full-time employees and 25 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Together

We are pleased to report that our net shares (funds available for lending and investments) stand at $227,972, contributing to a robust lending capacity. With 46,432 total share accounts, it's clear that more members trust us with their finances every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Soo Co-op is your trusted partner. Visit us at 6946 S M221 Brimley Mi 49715 or call (906) 632-5309 to learn more about how we can help you achieve your financial goals.

Investing in Your Future

With $32,023,766 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $3,957 in used auto loans and $171,068,664 in total loans and leases; this supports our members' financial goals across various sectors.

Secure Savings Options

Members' savings are secured through $49,862,481 in share certificates and $34,398,486 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. With over $60,106,548 in used vehicle loans and $28,441,407 in new vehicle loans already helping members get on the road, you can trust us to make your auto financing smooth and straightforward.

Credit Lines

If you're looking for more flexibility in your borrowing options, consider our credit lines loans which total $24,000,000. This can be an excellent way to access funds as needed without the pressure of a traditional loan structure. For business owners, our outstanding commercial loans totaling $2,233,632 provide the capital needed to grow and expand your business. At Soo Co-op, we're committed to helping you find the right financial solutions tailored just for you. We also have refinancing options available if you're looking to improve your current loan terms just ask one of our representatives for details! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. We invite you to visit our website at www.soocoop.com or stop by our branch for more information about how we can assist you with your financial needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide Junior Lien 1-4 Family Residential Properties loans totaling $3,565,212, allowing you to invest in a place you'll love for years to come.

Unsecured Credit Card Loans

Managing day-to-day expenses? We also offer flexible terms on unsecured credit card loans with a total of $6,951,511 available. This can help you manage your finances effectively while enjoying the benefits that come with our credit cards.

Loan Aggregator

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 ensures that users receive fair and transparent offers. By using verified data, LendMesh guarantees that the loan offers presented are legitimate and trustworthy.

Benefits of Using LendMesh

LendMesh stands out for several reasons: - 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: Up-to-date loan rates from multiple institutions allow users to make informed decisions about their borrowing options. 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!" This kind of feedback illustrates how effective LendMesh can be in helping consumers secure better financial outcomes. 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.*

SOO CO OP CREDIT UNION - Brimley, MI

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