Sovita Credit Union Lapeer MI | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Sovita, your trusted financial partner located at 168 N Saginaw St, Lapeer, MI 48446. Since our establishment in 1934, we've been dedicated to serving our community with integrity and commitment. With a strong membership of 18,139 individuals and assets totaling an impressive $525,787,487, we pride ourselves on being more than just a credit union; we are a vital part of the Lapeer community. At Sovita, we understand that every member's financial journey is unique. That's why we offer a wide range of services, including personal banking, auto loans, mortgages, and business banking solutions. Our total deposits stand at $61,488,426, reflecting the trust our members place in us to safeguard their savings while providing excellent financial solutions tailored to their needs. Led by our CEO, Patrick White, and Board President, Patricia Gooch, our team of 81 employees is here to ensure you receive personalized service and support. Whether you're looking for advice on loans (with over 11,838 loans and leases currently active) or need help managing your savings, we're ready to assist you every step of the way. While members can visit us at our branch location in Lapeer for all their banking needs, official correspondence should be sent to our mailing address: PO Box 320830, Flint, MI 48532-0015. We invite you to explore how Sovita can help you achieve your financial goals. For more information or assistance, don't hesitate to call us at 810-664-5351. Discover the difference that a member-focused credit union can make in your life!

Branch History & Mission

Commitment to Accessibility

While we currently do not offer ATM services or drive-thru banking at this location, we remain devoted to ensuring all members can access their accounts easily through digital platforms. Our physical branch operates with convenient hours Monday through Thursday from 9:00 AM to 5:00 PM and Friday until 6:00 PM (with early closures during July and August).

Join Us!

As we continue this journey together, we invite you to be part of the Sovita family. Experience firsthand the benefits of membership from personalized service to community involvement. Visit us today at 168 N Saginaw St or explore more about joining online at Sovita Credit Union. Let's build a brighter financial future together!

Our Evolution

Over the years, Sovita has grown from a small local credit union into a thriving institution, now boasting a total membership of 18,139 individuals. Our journey is marked by milestones that reflect our commitment to serving our members better. From humble beginnings, we have expanded our services and resources to meet the diverse needs of our community, accumulating total assets of over $525 million along the way. Located at 168 N Saginaw St, Lapeer, MI 48446, we invite you to visit us in person. You can also reach out through our official mailing address at PO Box 320830, Flint, MI 48532-0015 for any correspondence. Our branch is easily accessible and is surrounded by local landmarks that make it a convenient stop for all your banking needs.

Our Mission

At Sovita, our mission is clear: to provide high-quality financial services while uplifting our community. We believe in empowering individuals with tools for financial success whether through personal banking options like checking and savings accounts or offering loans for vehicles and homes. We are committed to innovation; with features such as online banking and mobile payments, managing your finances has never been easier. We don't just focus on numbers; we strive to make a difference in the lives of those we serve. This includes community outreach programs aimed at supporting local initiatives and partnerships that enhance the welfare of Lapeer residents.

Branch Location & Accessibility

Connect with Us

Ready to take the next step in managing your finances? We invite you to visit us at Sovita in Lapeer or give us a call at 810-664-5351 for any questions you may have. Our dedicated team looks forward to welcoming you!

Nearby Landmarks and Accessibility

Located near the heart of Lapeer, our branch is close to several familiar landmarks that make it easy to incorporate a visit into your daily routine. With ample parking available nearby, you'll find it hassle-free to access our services. We also prioritize accessibility; our facilities comply with ADA standards, featuring ramps and other accommodations for all members.

Operating Hours

We know your time is valuable! That's why our lobby hours are designed to fit your schedule. Visit us from Monday through Thursday between 9:00 AM and 5:00 PM, and on Friday from 9:00 AM until 6:00 PM. Please note that during the months of July and August, we close early on Fridays at 5:00 PM.

Services Offered

At Sovita's Lapeer branch, we offer a variety of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage options, we're equipped to help you with whatever banking needs you have. While we currently do not have ATM or drive-thru services available at this location, our friendly staff is always ready to assist you inside the branch.

Member Eligibility

Becoming a member of Sovita is like joining a close-knit family that truly cares about your financial well-being. If you live, work, or worship in the area surrounding 168 N Saginaw St Lapeer Mi 48446, you're already on your way to enjoying all the benefits we offer. We welcome everyone who shares our values and wants to be part of a community-focused organization. Plus, membership comes with great advantages like personalized service, competitive rates, and access to a range of financial products tailored just for you. The process to join us is simple! You can check out the specific eligibility criteria at http://www.sovitacu.org/about/membership-eligibility to ensure you meet all the requirements. Once you're ready, opening an account is easy; just visit http://www.sovitacu.org/apply/easy-online-application for a quick online application. If you have any questions along the way, feel free to give us a call at (810) 664-5351. We're excited to welcome you into the Sovita family!

Business Banking & Commercial Services

Merchant Services

Beyond loans, we offer merchant services that streamline payment processing for your business. Imagine easily accepting credit card payments or managing transactions from your mobile device. This convenience not only enhances customer satisfaction but also increases your sales potential. Located at 168 N Saginaw St Lapeer Mi 48446, Lapeer, MI, our team is here to provide personalized guidance tailored to your business needs. Contact us at (810) 664-5351 to explore how Sovita can help your business thrive today!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $152 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $138,500, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking options that allow you to manage your accounts from anywhere at any time. With features like e-statements, mobile payments, and person-to-person transfers, taking care of your finances has never been easier.

Empowering Local Businesses

At Sovita, we believe in supporting local businesses too. Our business banking services include merchant services and business loans, designed to help entrepreneurs thrive in today's economy. Whether you're starting a new venture or expanding an existing one, we provide the financial tools you need.

Join Us Today!

Located at 168 N Saginaw St Lapeer Mi 48446 in Lapeer, MI, our friendly staff is always ready to assist you with any questions or concerns you may have. Feel free to give us a call at (810) 664-5351 during our operating hours: Monday through Thursday from 9 AM to 5 PM and Friday from 9 AM to 6 PM. We invite you to explore the full range of services available at Sovita. Visit us online at Lapeer for more information or start your journey today by applying online here. Let us partner with you on your path to financial success!

Personal Banking Made Easy

When it comes to personal banking, we've got you covered. Our checking and savings accounts are designed to help you manage your daily expenses while saving for the future. Whether you're setting up a new account or looking for competitive interest rates, our team is here to assist you every step of the way. For those planning to purchase a vehicle, our auto loans and vehicle financing options provide flexible terms and competitive rates. Imagine driving off in your dream car without the stress of high payments! We also offer mortgage loans and refinancing solutions, perfect for first-time homebuyers or those looking to lower their monthly mortgage bills.

Support for Your Financial Journey

Sometimes life throws unexpected challenges your way. That's where our personal loans and debt consolidation services come into play. We aim to simplify your financial journey by helping you manage debts more effectively, allowing you to focus on what truly matters. Additionally, if you're looking for rewards with your spending, our credit cards come with enticing benefits that can help you earn while you spend.

Digital & Online Banking

Access Anytime, Anywhere

With our 24/7 online banking services available at https://www.sovitacu.org/ , you can view your account balances, make transfers, and pay bills whenever it suits you. No more rushing to the bank during business hours everything is right at your fingertips. Plus, with our mobile application, you can take your banking with you wherever you go.

Easy Transactions Made Simple

Need to send money to a friend? Our person-to-person transfer feature lets you do just that in seconds! And if you prefer going paperless, our e-statements are available for easy access to your account activity without the clutter. You can also sign documents securely with electronic signature authorization no need for printing or mailing.

Secure Mobile Payments

Enjoy the freedom of making payments directly from your smartphone with our mobile payments feature. It's fast, secure, and perfect for those last-minute purchases. Plus, you'll have peace of mind knowing that your transactions are protected with advanced security measures. At Sovita, we prioritize accessibility and ease-of-use in all our digital banking solutions. Whether you're checking balances or managing your accounts on-the-go, our services are designed to give you real-time control over your finances. Join us today and experience hassle-free banking!

Financial Strength

Commitment to Service

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 50 full-time employees and 31 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. This commitment extends to our 43,413 strong membership base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Sovita is your trusted partner. Visit us at 168 N Saginaw St Lapeer Mi 48446 or call (810) 664-5351 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Investing Back into Our Community

With $3,579,121 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, our lending capacity supports your financial goals with $2,068 in used auto loans and $135,041,209 in total loans and leases.

Member-Focused Savings

Your savings are secured through $67,514,620 in share certificates and $151,053,435 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.

Strong Capital Foundation

With a net worth of $85,560,479, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,627 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 $28,656,354 in used vehicle loans and $13,945,907 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, we have options tailored for you.

Business Loans

For business owners looking to grow and expand their operations, we provide outstanding commercial loans totaling $138,500. These loans are designed to give you the capital needed for new projects or improvements. At Sovita Credit Union in Lapeer, MI, we're here to support you every step of the way. If you're interested in learning more about our loan offerings or checking your eligibility for specific products, don't hesitate to reach out at 810-664-5351 or visit us online at Sovita Credit Union. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide Junior Lien 1-4 Family Residential Property loans totaling $18,873,080, giving you the flexibility you need to secure your dream home. If you're considering refinancing your current mortgage, we can guide you through the eligibility process to help reduce your monthly payments.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging; that's why we also offer flexible terms on unsecured credit card loans. With a total of $5,050,748 in unsecured credit card loans available to our members, you can enjoy peace of mind while managing your finances effectively.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in what users can expect. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results for every user. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing them to easily compare options and make informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the reliability and effectiveness of this tool in helping individuals secure better financial options. 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.*

How LendMesh Ensures Accurate 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 strict adherence to regulatory guidelines ensures that every comparison is both fair and accurate. Users can trust that the offers they see are legitimate and current.

SOVITA CREDIT UNION - Lapeer, MI