South Bend Transit Credit Union IN | Best Auto Loans & Business Banking

Introduction

Welcome to South Bend Transit, your trusted financial partner located at 1401 S Lafayette Blvd Ste 100, South Bend, IN 46613. Since our establishment in 1941, we have proudly served the community, providing reliable banking solutions tailored to meet the diverse needs of our members. With a dedicated team of just three employees led by our CEO, Sarah Ladouceur, and Board President Dale Rieder, we are committed to fostering a welcoming environment for all. At South Bend Transit, we understand that financial decisions can be daunting. That's why we work hard to build lasting relationships with our 366 members. Our total assets amount to an impressive $3,400,377, while our deposits stand at $36,263, ensuring that your money is not only safe but also working for you. We take pride in offering a variety of services including personal banking, auto loans, and business banking solutions. While members can visit us at our branch address, official correspondence should be sent to the same location: 1401 S Lafayette Blvd Ste 100, South Bend, IN 46613. If you have any questions or need assistance, feel free to reach out by calling us at 574-232-2192 during our lobby hours from 9:30 AM to 3:30 PM, Monday through Friday. Join us as we continue to support our community through personalized banking experiences and a commitment to your financial well-being. Explore more about what we offer by visiting our website at sbtransitfcu.net. We look forward to helping you achieve your financial goals!

Branch History & Mission

At South Bend Transit, we proudly celebrate our rich history and commitment to serving our community. Founded in 1941, our branch has grown from humble beginnings into a trusted financial institution located at 1401 S Lafayette Blvd Ste 100, South Bend, IN 46613. Over the years, we've welcomed over 366 members into our family, providing them with essential financial services that meet their needs. Our mission is simple yet powerful: to empower individuals and families by offering accessible financial products and exceptional customer service. We understand the importance of building strong relationships within our community. We strive to make a positive impact through not only our banking services but also by actively participating in local outreach efforts. As we evolve, we remain dedicated to improving the lives of our members. Our total assets currently stand at $3,400,377, which reflects our ability to support a range of services including personal banking accounts, auto loans, mortgage refinancing, and more. We are committed to ensuring that all members have access to modern banking options such as online and mobile banking. While members can visit us at our main branch location for personalized service during operating hours Monday through Friday from 9:30 AM to 3:30 PM official correspondence should be sent to the same address: 1401 S Lafayette Blvd Ste 100, South Bend, IN 46613. At South Bend Transit, we're excited about the future and continuously seek ways to enhance member experience. With no ATM or drive-thru service currently available, we focus on direct interactions and personalized assistance. Whether you are looking for a new vehicle loan or need help managing your savings account, our dedicated team is here for you every step of the way. We invite you to join us on this journey! Experience the benefits of being a member at South Bend Transit where your financial goals take priority. Contact us today at (574) 232-2192 or explore more about us at sbtransitfcu.net. Together, let's build a stronger community!

Branch Location & Accessibility

Welcome to the South Bend Transit branch, conveniently located at 1401 S Lafayette Blvd Ste 100 in the heart of South Bend, Indiana. This easily accessible location makes it simple for our members to stop by and take care of their banking needs. Whether you're running errands or heading to a nearby landmark like the beautiful Potawatomi Park, we're here for you. While members can visit us at our branch address, official correspondence should be sent to the same address: 1401 S Lafayette Blvd Ste 100, South Bend, IN 46613. Our friendly staff is dedicated to providing excellent service during our lobby hours from Monday to Friday, 9:30 AM to 3:30 PM. Parking is available right outside our facility, making your visit hassle-free. We ensure that our branch meets accessibility standards so everyone can comfortably access our services. While we currently do not have an ATM or drive-thru banking options available, our team is ready to assist you with all your banking needs inside the branch. At South Bend Transit, we offer a variety of services including personal banking options like checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. You can also manage your finances online or through our mobile banking services. We encourage you to stop by or give us a call at 574-232-2192 if you have any questions or need assistance. Your financial well-being is our priority, and we look forward to serving you!

Member Eligibility

At South Bend Transit, we believe that everyone deserves a financial partner who truly cares. Joining our community is simple and welcoming. If you live, work, or worship in the South Bend area, you're already on your way to becoming a member! We aim to make banking more personal and accessible, providing you with tailored services that meet your needs. Being part of South Bend Transit not only grants you access to a variety of financial products but also places you in a supportive network where your voice matters. For full details on eligibility, feel free to check out our website at . If you're ready to open an account or have any questions, don't hesitate to reach out to us at (574) 232-2192. We're here for you Monday through Friday from 9:30 AM to 3:30 PM. Come visit us at 1401 S Lafayette Blvd Ste 100 South Bend In 46613 and take the first step toward joining our family!

Business Banking & Commercial Services

Lending Solutions for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently don't have any active loans, we are dedicated to providing flexible financing solutions when the opportunity arises. We look forward to being part of your journey as you seek out funding options that can fuel your success.

Merchant Services: Simplifying Transactions

In today's fast-paced world, smooth payment processing is crucial for any business. Our merchant services make it easy for you to accept payments from your customers, helping you focus on what matters most growing your business. Imagine having a reliable system in place that allows you to serve your customers better while keeping track of every transaction effortlessly. If you're in the South Bend area and seeking business banking solutions that prioritize your needs, visit us at 1401 S Lafayette Blvd Ste 100 South Bend In 46613 or call us at (574) 232-2192. We're here to help your business thrive!

Comprehensive List Of Services

Business Banking Services

For small business owners, we offer robust business banking services including merchant services and business loans tailored to support your growth. Imagine having access to funds that can help expand your business or improve cash flow during lean months.

Convenient Access

We pride ourselves on making banking easy and accessible for everyone. Our digital banking features let you manage your accounts anytime, anywhere. With online banking and mobile app access, paying bills or transferring money is just a click away. If you're in need of cash withdrawal services, we've got you covered as well just visit us during our lobby hours from Monday to Friday, 9:30 AM to 3:30 PM, or give us a call at 574-232-2192 if you have questions about any of our services. In summary, whether you're looking for personal finance solutions or business support, South Bend Transit is committed to helping you achieve your goals with ease and convenience. Join us today and experience banking made simple! Visit us at sbtransitfcu.net to learn more about how we can serve you better.

Lending Options

Sometimes life throws unexpected expenses your way. Our personal loans and debt consolidation options can give you the financial relief you need when it matters most. Picture being able to consolidate multiple debts into one manageable payment; it's easier than you think! In addition, our credit cards with rewards allow you to earn while you spend. You could be earning points for future purchases simply by using your card for everyday expenses.

Personal Banking Solutions

For those who are just starting out or looking to manage their savings more effectively, our checking and savings accounts offer great flexibility and features tailored for everyday use. Imagine being able to easily track your spending or save for that special trip with just a few taps on your phone through our online and mobile banking services. If you're considering buying a car, our auto loans and vehicle financing options can make that dream a reality. We provide competitive rates that can help you get behind the wheel without breaking the bank. And if home ownership is on your mind, don't miss out on our mortgage loans and refinancing services. We simplify the process so you can focus on finding the perfect home.

Digital & Online Banking

Key Features

Our members enjoy the ability to view e-statements, making it simple to keep track of their financial activity without the clutter of paper documents. Plus, if you're looking to send money to friends or family quickly, our person-to-person transfer feature allows you to do just that with ease. While electronic signature authorization isn't available at this time, our mobile application provides a user-friendly platform for managing your accounts right from your smartphone. You can also take advantage of mobile payments when you need to make transactions on the go.

Security and Accessibility

We prioritize your security with features that protect your information while offering peace of mind. Our online banking system is designed to be secure yet straightforward, ensuring you can manage your money without worry. With these tools in place, staying on top of your finances has never been easier. Experience the freedom and flexibility of digital banking at South Bend Transit, where managing your finances is just a click away!

Financial Strength

A Growing Membership Base

The trust placed in us by our community is further highlighted by the fact that we maintain a growing number of members. With a total of 467 share accounts, it's clear that more individuals are choosing South Bend Transit as their trusted financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, South Bend Transit is your trusted partner. Visit us at 1401 S Lafayette Blvd Ste 100 South Bend In 46613 or call (574) 232-2192 to learn more about how we can help you achieve your financial goals.

Dedicated Team

Supporting all these efforts are our dedicated team members comprising 3 full-time employees and 0 part-time employees who are always ready to assist you with knowledgeable service.

Investment in Growth

We also take pride in having $922,402 in undivided earnings. This shows that we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. In addition to this, with $112 in used auto loans and $2,168,165 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Centric Savings Options

Members' savings are secured through $1,213,107 in share certificates, offering stable and rewarding financial growth opportunities. Although we currently have $0 in money market shares, our focus remains on prioritizing you the member over non-member interests. With non-member deposits at $0, we ensure that our resources are directed towards benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to operational efficiency is evidenced by our current net income of $-6,878. Even with challenges, this figure reflects our ability to manage resources effectively while still providing competitive loan rates and quality products for our members.

Strong Financial Health

With a net worth of $915,524, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our commitment to safeguarding your savings is reflected in our net worth ratio of $2,692, which demonstrates a solid capital foundation. This ensures 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 $1,524,664 in used vehicle loans and $160,191 in new vehicle loans already helping members get on the road. We make it easy to finance your next vehicle, whether it's brand new or gently used.

Credit Lines

For those looking for additional flexibility with their finances, our total credit lines available amount to $600,000. This option can be beneficial for unexpected expenses or planned purchases that require quick access to funds. At South Bend Transit, we prioritize transparency and member satisfaction. If you're considering refinancing or exploring eligibility options for any of our loan products, feel free to reach out to us at 574-232-2192. Our friendly team is here to assist you every step of the way. 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 at 1401 S Lafayette Blvd Ste 100 South Bend IN 46613 or check out our website here for more information on how we can help you meet your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $0, making buying or refinancing simple. While we currently do not have specific mortgage offerings, we can guide you through other financing alternatives that might be available.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, although currently there are no outstanding amounts in this category. These cards can provide an excellent way to manage everyday expenses while building your credit history.

Loan Aggregator

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SOUTH BEND TRANSIT FEDERAL CREDIT UNION - South Bend, IN