Springfield Street Railway Emp. CU MA | Best Auto Loans & Business Banking

Introduction

Welcome to Springfield Street Railway Employees Credit Union, where we prioritize the financial well-being of our members. Located at 640 Page Blvd Ste 102, Springfield, MA 01104, our credit union has been a trusted partner in the community since 1926. With a strong focus on serving our 182 members, we are dedicated to providing personalized banking solutions tailored to your needs. At Springfield Street Railway Emp., we have grown significantly over the years. Today, we proudly manage $1,228,953 in total assets and have an impressive $461,206 in total deposits. Our commitment to helping you achieve your financial goals is reflected in our lending capabilities, with 89 loans and leases currently active to assist you in making significant life purchases. Our leadership team is deeply invested in fostering a supportive environment for all members. Led by CEO Walter Kocor and Board President David Tancrati, we strive to create meaningful connections within our community. Whether you're looking for personal banking services such as checking and savings accounts or exploring loan options like auto financing or mortgages, we're here to guide 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 our mailing address: 640 Page Blvd Ste 102, Springfield, MA 01104-3040. We invite you to explore what we offer! Reach out today at (413) 781-4454 for more information or stop by during our lobby hours from Monday to Friday, 8:30 AM to 3:30 PM. Join us in building a brighter financial future together!

Branch History & Mission

Our Journey

From our humble beginnings, Springfield Street Railway Emp. was established with the vision of providing reliable financial services to local railway employees. Over the years, we have expanded our offerings to include personal banking options such as checking and savings accounts, auto loans, mortgage loans, personal loans, and even credit cards with rewards. As we adapt to the changing needs of our members, our total assets have grown significantly to reach $1,228,953. Our headquarters in Springfield serves as the foundation for all our operations. We are proud to remain rooted in this vibrant city while continuously striving to enhance our services through customer-centric initiatives. Although we currently do not offer ATM or drive-thru services, we are dedicated to ensuring accessibility and convenience for all our members during lobby hours from Monday to Friday, 8:30 AM to 3:30 PM.

Our Mission

At Springfield Street Railway Emp., our mission is simple yet powerful: we aim to improve the financial well-being of our members while fostering a spirit of community support. We believe in building lasting relationships based on trust and transparency. This commitment drives us to provide personalized financial solutions that help our members achieve their goals whether it's purchasing a new vehicle or planning for retirement. We understand that being part of a community means giving back. That's why we actively engage in outreach efforts and partnerships that strengthen the ties within Springfield. By supporting local events and initiatives, we strive to make a positive impact beyond just banking. While members can visit us at 640 Page Blvd Ste 102 Springfield Ma 01104, official correspondence should be sent to 640 Page Blvd Ste 102, Springfield, MA 01104-3040. We invite you to experience firsthand what it means to be part of Springfield Street Railway Emp. a place where your financial journey is nurtured by dedicated professionals who truly care about your success. Join us today and discover how we can help you thrive in your financial endeavors! For more information or assistance, feel free to reach out at (413) 781-4454.

Branch Location & Accessibility

Accessibility Features

We strive to ensure that everyone can access our services comfortably. Our branch is fully ADA compliant, featuring ramps and accessible parking spots. This means whether you're coming in for a quick transaction or need assistance with a loan application, we welcome everyone with open arms.

Operating Hours and Services

Our doors are open Monday through Friday from 8:30 AM to 3:30 PM, making it easy for you to fit banking into your schedule. We offer a wide range of services including personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. If you're a business owner, we have specialized services just for you as well! While we currently don't have ATM availability or drive-thru service at this location, our team is ready to assist you directly inside the branch. Feel free to give us a call at 413-781-4454 if you have any questions or need assistance before your visit.

Visit Us Today!

We invite you to stop by and discover how the Springfield Street Railway Employees Credit Union can help you achieve your financial goals. Our friendly staff is looking forward to meeting you! Come see us today!

Member Eligibility

At Springfield Street Railway Emp., we believe that becoming a member is like stepping into a welcoming community where your financial needs are prioritized. If you live, work, or worship in the Springfield area, you may be eligible to join us! We're here to support individuals and families by offering valuable financial services tailored just for you. The advantages of membership include access to personalized banking solutions, competitive loan rates, and dedicated customer service that truly cares about your well-being. To learn more about specific eligibility requirements, feel free to check out the details on our website at . When you're ready to open an account, the process is straightforward and designed with you in mind. Just give us a call at (413) 781-4454, and we'll guide you through everything you need to get started. Join us today at our branch located at 640 Page Blvd Ste 102 Springfield Ma 01104, and experience the difference of being a part of Springfield Street Railway Emp.!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to loans, we provide merchant services that simplify payment processing and help you manage transactions smoothly. Imagine a busy Saturday at your store; with our reliable payment solutions, you can focus on serving customers instead of worrying about payment hiccups. If you're ready to take your business to the next level, visit us at 640 Page Blvd Ste 102 Springfield Ma 01104 or call us at (413) 781-4454. Let's work together to turn your vision into reality!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have no member commercial loans funded, we recognize the importance of flexible financing solutions for entrepreneurs in Springfield, MA.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing options provide competitive rates and flexible terms, making it easier for you to drive away in the vehicle you want. Imagine hitting the road without financial stress, knowing you have a loan that suits your budget.

Business Banking Support

If you're a business owner, our Business Banking services include merchant services and business loans tailored specifically for your needs. We're dedicated to helping local businesses thrive by providing financial solutions that grow alongside them.

Credit Cards with Rewards

For everyday purchases, consider our Credit Cards with Rewards program. Earn points on your spending that can be redeemed for travel, cash back, or other exciting rewards. It's like getting something back every time you shop!

Digital Banking Convenience

In today's fast-paced world, convenience matters. Our Online & Mobile Banking services allow you to manage your accounts from anywhere at any time. Check balances, transfer funds, and pay bills right from your smartphone or computer making banking as accessible as possible. With all these great services available at Springfield Street Railway Emp., we invite you to reach out! Feel free to call us at (413) 781-4454 or visit us during our lobby hours from Monday to Friday between 8:30 AM and 3:30 PM. Let us help you achieve your financial goals today!

Home Financing Options

Owning a home is a significant milestone, and at Springfield Street Railway Emp., we support you every step of the way with our Mortgage Loans & Refinancing services. Whether you're buying your first home or looking to refinance your current mortgage for better rates, we're here to guide you through the process smoothly.

Personal Banking Solutions

We understand that managing your personal finances can sometimes feel overwhelming. That's why we offer Personal Banking services, including checking and savings accounts designed to help you save for the future while keeping your funds accessible. Whether you're setting aside money for a family vacation or planning for unexpected expenses, our accounts come with features that make saving easy.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. For those moments, we offer Personal Loans & Debt Consolidation solutions that can help alleviate financial burdens. Imagine consolidating multiple debts into one manageable payment, simplifying your finances and giving you peace of mind.

Digital & Online Banking

Key Services

Our online banking platform allows you to access your accounts 24/7, giving you real-time control over your finances. Unfortunately, we currently do not offer services such as electronic statements, mobile payments, or a mobile application. However, we are committed to providing a secure and user-friendly experience for all our members. You won't have to worry about complicated processes or long wait times. Our straightforward system ensures that you can view your account balances, monitor transactions, and transfer funds with ease. While person-to-person transfers aren't available yet, we continue to explore ways to enhance our offerings.

Security You Can Trust

Your security is our priority. We use advanced measures to keep your information safe while you enjoy the benefits of online banking. Although we don't provide electronic signature authorization at this time, rest assured that every step is taken to protect your data from unauthorized access. With Springfield Street Railway Emp., you can confidently manage your finances anytime, anywhere. For more information about our digital banking services, visit us at and discover how we can help simplify your banking experience!

Financial Strength

A Growing Community

Our credit union's strength is also reflected in our member base with a total of 182 share accounts. This shows a strong and growing community that trusts us with their finances. With net shares available for lending at $0, we are well-positioned to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Springfield Street Railway Emp. is your trusted partner. Visit us at 640 Page Blvd Ste 102 Springfield Ma 01104 or call (413) 781-4454 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Our members' savings are secured through $0 in share certificates and $0 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members above all else. We ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Foundation

With a net worth of $342,706, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. This strength is underscored by our net worth ratio of $2,764, 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.

Strong Earnings for Continuous Improvement

With $293,653 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for you.

Supporting Your Financial Journey

We have $2 in used auto loans and $383,961 in total loans and leases, demonstrating our commitment to supporting your financial journey across various sectors. Additionally, we take pride in having 1 full-time employees and 0 part-time employees who are always ready to assist you with personalized service.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $8,346 in used vehicle loans and $17,852 in new vehicle loans already helping members get on the road. Whether you prefer a brand-new model or a reliable used vehicle, we have financing options tailored just for you.

Credit Lines

If you're considering a line of credit, our total credit lines amount to $170,000, providing you with access to funds when needed without the hassle of reapplying every time. This can be an excellent resource for unexpected expenses or planned purchases.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. Although we currently do not have Junior Lien 1-4 Family Residential Properties loans available, our team can guide you through potential future offerings as your journey unfolds.

Refinancing Options

If you're already carrying debt from other lenders, it's worth exploring refinancing options with us. We can help evaluate your current situation and see if we can offer more favorable terms that suit your budget better. For any questions regarding eligibility or specific loan types, feel free to reach out to us at (413) 781-4454 during our operating hours from Monday to Friday, 8:30 am - 3:30 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. Let us partner with you on your financial journey at 640 Page Blvd Ste 102 Springfield Ma 01104, located in beautiful Springfield, MA. We look forward to helping you find the right loan product that fits your needs!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. Currently, we have $0 in these loans helping members manage their finances effectively. If you're looking for a way to make purchases more manageable without tying up collateral, our unsecured credit card option could be right for you.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency in every comparison. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that serve the needs of our users. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, enabling them to make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" 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 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 sourcing ensures that all offers are fair and transparent. By verifying each lender's compliance with regulatory standards, LendMesh delivers trustworthy information that users can rely on when making financial decisions.

SPRINGFIELD STREET RAILWAY EMP. CREDIT UNION