St. Francis X Credit Union Petoskey MI | Best Auto Loans & Business Banking

Introduction

Welcome to St. Francis X Federal Credit Union, your trusted financial partner in Petoskey, MI! Established in 1951, we have proudly served our community for over seven decades, growing together with our valued members. Located conveniently at 1511 Us Highway 131, our branch is dedicated to helping you achieve your financial goals with personalized services and a commitment to excellence. At St. Francis X, we understand that each member's needs are unique. With a total membership of 9,822 and assets exceeding $239,657,051, we offer a range of services tailored to fit your lifestyle whether you're seeking auto loans, personal banking solutions, or business financing options. Our goal is to ensure that you feel supported every step of the way. While members can visit us at our branch address, official correspondence should be sent to 1511 US Highway 131, Petoskey, MI 49770-8722. Our friendly team, led by CEO Scott Bingaman and Board President Robinson Walker, is here to assist you. We take pride in our experienced staff of 25 employees, ready to help you navigate your financial journey. With total deposits amounting to $2,140,078 and cash in hand of $767,559, we are well-equipped to meet your banking needs. Additionally, our net worth stands strong at $32,528,547, ensuring stability and security for our members. Join the St. Francis X family today! Whether you're looking for checking and savings accounts or want to explore exciting loan options our doors are always open. Visit us or give us a call at 231-348-7690 during our operating hours: Monday through Thursday from 7:30 AM to 5:00 PM; Friday from 7:30 AM to 6:00 PM; and Saturday from 8:30 AM to 12:00 PM. Discover how we can help you thrive financially! For more information about our services or to become a member, check out our website at stfranciscu.org. We look forward to welcoming you into the St. Francis X community!

Branch History & Mission

Call to Action

Join us at St. Francis X Federal Credit Union and experience the difference that community-driven banking can make in your life. Whether you're looking for personal loans or business solutions, we're here to help you achieve your financial goals with care and dedication. Visit us today or give us a call at 231-348-7690! Together, let's build a brighter financial future for you and your family.

Our Journey

St. Francis X began with a simple mission: to provide accessible financial services tailored to the needs of our community. Over the years, we have embraced change and innovation while staying true to our roots. We understand that each member's journey is unique, and we strive to support them through personalized service and a range of offerings. Our commitment goes beyond just banking; we actively engage in community outreach programs that uplift those around us. By forming partnerships with local organizations, we work to improve the lives of residents in Petoskey and surrounding areas.

Our Mission

At St. Francis X, our mission is clear: we aim to empower our members by providing reliable financial solutions and fostering a sense of belonging within our community. We are dedicated to offering services that include personal banking options such as checking and savings accounts, auto loans, mortgage refinancing, credit cards with rewards, and business banking solutions. We also prioritize accessibility for all members. Our branch features ADA-compliant facilities, ensuring everyone can access our services comfortably. Additionally, we offer digital advancements like online banking and mobile payments for those who prefer managing their finances on-the-go. While you can visit us at 1511 US Highway 131, official correspondence should be sent to 1511 US Highway 131, Petoskey, MI 49770-8722 if needed.

Branch Location & Accessibility

Convenient Access and Features

At St. Francis X Federal Credit Union, we understand that accessibility matters. Our location offers ample parking for all our members, with features such as ADA-compliant ramps to ensure everyone can visit us comfortably. If you prefer banking on the go, we also provide an ATM on-site for quick cash withdrawals and balance checks. For those who enjoy the ease of drive-thru banking, our facility includes a drive-thru service where you can handle deposits, withdrawals, and simple transactions without leaving your vehicle.

Get in Touch!

Have questions or need assistance? Don't hesitate to give us a call at (231) 348-7690. We're here to help with personal banking needs like checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and more! We invite you to come by and experience how St. Francis X Federal Credit Union makes banking personal and straightforward. Your financial journey is important to us!

Operating Hours Designed for You

We want to be available when you need us! Our lobby hours are designed to fit your schedule: we're open Monday, Tuesday, and Thursday from 7:30 AM to 5:00 PM; Wednesday from 7:30 AM to 12:00 PM; Friday until 6:00 PM; and Saturday mornings from 8:30 AM to 12:00 PM. While members can visit us at our Petoskey branch, official correspondence should be sent to the same address: 1511 US Highway 131, Petoskey, MI 49770-8722.

Member Eligibility

At St. Francis X, we believe that everyone deserves a chance to be part of a caring community where financial growth and support go hand in hand. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the Petoskey area, you're likely eligible to join our family. This means that whether you're just starting your financial journey or looking for more ways to save and invest, we have the tools and services to help you thrive. To learn more about the specific eligibility requirements and ensure you're ready to take this step, feel free to check out our detailed information at https://www.stfranciscu.org/st-francis-x-fcu-adopts-new-field-of-membership/. Joining us opens the door to a variety of benefits designed with your needs in mind everything from personalized banking solutions to competitive loan rates. If you're ready to start your membership journey or have questions, don't hesitate to give us a call at (231) 348-7690. We're here to assist you every step of the way!

Business Banking & Commercial Services

Merchant Services That Work for You

Imagine processing payments quickly and easily while offering your customers a smooth shopping experience. Our merchant services provide exactly that. By accepting various payment methods, you can focus more on running your business and less on managing transactions. This means happier customers and more time for you to innovate and grow. Located at 1511 Us Highway 131, Petoskey, MI 49770, our team is ready to assist you in making the most of your business opportunities. Let us partner with you on this journey! For more information, call us at 231-348-7690 or visit our website.

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $14 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $2,534,047, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Support

For our business members, St. Francis X provides essential support through our business banking services, including merchant services and business loans. We understand the importance of having reliable financial tools at your disposal so you can focus on what matters most growing your business.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking services that allow you to manage your accounts anytime, anywhere. You can easily check balances, transfer funds, pay bills, or even send money directly to friends with our person-to-person payment features. Our ATM services are also readily available for cash withdrawals and balance checks whenever you need them.

Drive-Thru and ATM Services

For those who prefer face-to-face interactions without leaving their vehicles, we have a basic drive-thru banking service available for deposits, withdrawals, and simple transactions. Our ATMs are strategically located for easy access throughout Petoskey. At St. Francis X Federal Credit Union located at 1511 Us Highway 131 Petoskey Mi 49770, we're here for all your financial needs. Whether you're calling us at (231) 348-7690 or visiting us in person during our convenient hours M,T,TH from 7:30 am to 5:00 pm; F from 7:30 am to 6:00 pm; W from 7:30 am to 12:00 pm; S from 8:30 am to 12:00 pm you'll find a welcoming atmosphere ready to assist you. We invite you to explore all that we offer by visiting our website at St. Francis X. Join us today and experience personalized service tailored just for you!

Home Financing Made Easy

Owning a home is an important milestone, and at St. Francis X, we're here to assist you with that journey. Our mortgage loans and refinancing options are tailored to fit your unique needs. Whether you're buying your first home or looking to refinance an existing mortgage, our dedicated team will guide you through the process every step of the way.

Personal Banking Solutions

Whether you're opening your first checking account or looking for ways to grow your savings, our personal banking services have you covered. We offer checking and savings accounts that cater to various lifestyles, ensuring that managing your finances is simple and convenient. If you're in the market for a new vehicle, consider our auto loans and vehicle financing options. With competitive rates and flexible terms, we make it easier for you to hit the road in style.

Personal Loans for Life's Needs

Life can throw unexpected expenses your way, which is why we offer personal loans and debt consolidation solutions. These services help simplify your payments and provide financial relief when you need it most. Plus, don't forget about our credit cards with rewards, which not only make spending easier but also give you perks along the way.

Digital & Online Banking

At St. Francis X, we understand that banking should be convenient, secure, and accessible anytime you need it. That's why we offer a variety of digital and online banking services designed to make managing your finances easier than ever. Whether you're at home or on the go, our online banking platform provides the tools you need for real-time account management. With just a few clicks, you can access your accounts through our easy-to-navigate online banking portal at https://www.stfranciscu.org/. Our 24/7 online banking services allow you to check balances, transfer funds, and pay bills whenever it suits you. Plus, we offer person-to-person transfers, making it simple to send money to friends or family directly from your account. Security is our top priority. You can sign documents electronically with our electronic signature authorization feature, ensuring your transactions are both safe and efficient. Additionally, enjoy peace of mind knowing that your statements are available as e-statements. This not only helps reduce paper waste but also makes it easier to keep track of your financial history in one secure location. For those who prefer mobile banking, our mobile application is available for download, bringing all these features right to your fingertips. With the ability to make mobile payments, manage accounts on the move, and stay connected with alerts and updates, you'll always have control over your finances. At St. Francis X, we believe in making banking accessible for everyone. Join us today and experience how our digital and online banking services can simplify your financial life!

Financial Strength

At St. Francis X, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our financial strength, which showcases our commitment to serving you reliably. With a net worth of $32,528,547, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,357 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $83,620,421 in share certificates and $14,544,811 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. With $32,528,547 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $1,008 in used auto loans and $136,103,121 in total loans and leases. 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 24 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $1,357,507. Total Share and Deposit Accounts: 24,485, showing a strong and growing member 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, St. Francis X is your trusted partner. Visit us at 1511 Us Highway 131 Petoskey Mi 49770 or call (231) 348-7690 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $15,979,094 in used vehicle loans and $5,042,399 in new vehicle loans already helping members get on the road. We also provide refinancing options for those who want to lower their monthly payments or secure better terms on an existing auto loan.

Business Financing

For business owners, our outstanding commercial loans totaling $2,534,047 provide the capital needed to grow and expand. Whether you're starting a new venture or need funding for operational costs, we can help you explore options that suit your business needs. We encourage potential borrowers to explore eligibility options and contact us at 231-348-7690 for any inquiries regarding our loan offerings. You can also visit us at our branch located at 1511 Us Highway 131 Petoskey MI 49770. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your financial future is important to us; let's work together to make it bright!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $3,772,204, make buying or refinancing simple. We guide you through every step of the process, ensuring you understand your choices and find the best loan for your situation.

Unsecured Credit Card Loans

Managing everyday expenses is easier with our unsecured credit card loans. With a total of $1,394,036 in loans helping members manage their finances effectively, our flexible terms give you the freedom to spend wisely while keeping your budget intact.

Loan Aggregator

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St Francis X