St. Michaels Fall River Credit Union Somerset MA | Affordable Auto Loans & Mortgage Refinancing

Introduction

Welcome to St. Michaels Fall River, where we prioritize your financial needs and community well-being! Located at 1004 County St, Somerset, MA 02726, our credit union has been serving members since 1953. With a strong commitment to fostering financial growth, we proudly support over 3,100 members and manage $114,652,200 in total assets. At St. Michaels Fall River, we believe in building lasting relationships with our members. Whether you're looking for personal banking solutions like checking and savings accounts or need assistance with auto loans and mortgages, our dedicated team is here to guide you every step of the way. With a total of 12 employees, including our CEO Arastou Mahjoory and Board President Craig Cabral, we work tirelessly to ensure your banking experience is both personal and efficient. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 1004 County St, Somerset, MA 02726-5138. Our friendly staff is ready to help during lobby hours from Monday to Friday, 9:00 A.M. to 5:00 P.M., and Saturday from 9:00 A.M. to 12:00 Noon. We are proud of our robust financial standing with total deposits reaching $5,869,321 and total loans amounting to 1,043 loans/leases. Our net worth stands at an impressive $10,242,543, demonstrating our stability and commitment to providing exceptional service. Join us today and discover how St. Michaels Fall River can help you achieve your financial goals! For any inquiries or assistance, feel free to give us a call at 508-730-2100 or visit our website at http://www.stmichaelsfcu.com. Let's build a brighter financial future together!

Branch History & Mission

At St. Michaels Fall River, our story began in 1953 when we opened our doors at 1004 County St, Somerset, MA. From our humble beginnings, we have grown into a trusted financial institution with over 3,100 members and total assets exceeding $114 million. Our commitment to the community has remained steadfast throughout the years, as we strive to provide exceptional financial services while fostering a sense of belonging among our members. As we reflect on our journey, it's essential to recognize the milestones that have shaped us. Over the decades, we have expanded our offerings to include personal banking solutions like checking and savings accounts, auto loans, mortgage refinancing, and business banking services. These efforts underscore our mission to empower individuals and families with the financial tools they need to thrive. Our mission is clear: to support our members' financial well-being while actively engaging with the Somerset community. We believe in putting people first and ensuring that every member has access to quality financial products tailored to their needs. Whether you are looking for a new vehicle loan or want to consolidate debt, we are here to guide you every step of the way. While members can visit us at 1004 County St Somerset Ma 02726, official correspondence should be sent to 1004 County St, Somerset, MA 02726-5138. Our branch operates Monday through Friday from 9:00 A.M. to 5:00 P.M., with extended hours until 6:00 P.M. on Fridays and special Saturday hours from 9:00 A.M. to 12:00 Noon. We also offer convenient drive-thru service and ATM access for added flexibility. As part of our commitment to modern banking practices, we have implemented online banking services that allow members to manage their accounts easily from home or on-the-go. Additionally, we prioritize accessibility and customer-centric initiatives that ensure all members feel valued and supported. St. Michaels Fall River takes pride in its community outreach efforts, partnering with local organizations to enhance the lives of those around us. Through these initiatives, we aim not just to provide financial services but also to make a lasting impact on the Somerset area. We invite you to join us at St. Michaels Fall River and experience firsthand the benefits of being part of a credit union dedicated not only to your financial success but also to the betterment of our community. Together, let's build a brighter future! For more information or assistance, don't hesitate to reach out at (508) 730-2100 or visit us online at StMichaelsFCU.com.

Branch Location & Accessibility

Accessibility Features

At St. Michaels Fall River, we prioritize accessibility for all our members. Our branch is equipped with ADA-compliant features, including ramps and designated parking spaces, ensuring that everyone can easily access our services without any hassle. Whether you're visiting us for a quick transaction or to discuss your financial goals, we want you to feel welcome and comfortable.

Connect With Us

Have questions or ready to explore your options? Don't hesitate to give us a call at (508) 730-2100! Our dedicated team is here to help you navigate your financial journey. We look forward to welcoming you at St. Michaels Fall River your trusted partner in banking!

Operating Hours

We know that life can get busy, so we've tailored our operating hours to fit your schedule. You can visit us Monday through Wednesday from 9:00 A.M. to 5:00 P.M., Thursday and Friday from 9:00 A.M. to 6:00 P.M., and Saturday from 9:00 A.M. to 12:00 Noon. We also offer drive-thru banking for those who prefer a quicker option.

Services Offered

At St. Michaels Fall River, we offer a variety of services including personal banking options like checking and savings accounts, auto loans, mortgage loans, personal loans, credit cards with rewards, and business banking solutions. Our ATM is available for cash withdrawals and balance checks anytime you need it. While members can visit us at 1004 County St Somerset Ma 02726, official correspondence should be sent to 1004 County St, Somerset, MA 02726-5138 if different.

Member Eligibility

At St. Michaels Fall River, we believe that everyone deserves a chance to be part of a caring community focused on your financial well-being. Becoming a member is simple and welcoming! If you live, work, or worship in our local area or have family members who are already part of our credit union, you're likely eligible for membership. This means you can enjoy all the benefits we offer, from competitive rates on loans to personalized service that feels just right for you. To learn more about specific eligibility requirements, please check out our detailed guide at . Once you're ready to take the next step, opening an account is easy! You can start your journey with us online by visiting https://stmichaelsfcu.com/loan-application/ or give us a call at (508) 730-2100 if you have any questions. We're here to help you every step of the way! Join us at our branch located at 1004 County St Somerset Ma 02726 and discover how being a member of St. Michaels Fall River can make a positive impact on your financial future.

Business Banking & Commercial Services

Merchant Services

In addition to loans, our merchant services empower local businesses to thrive. Imagine a busy Saturday at your shop customers are eager to buy, but you need a quick way to process their payments. Our streamlined payment solutions make transactions easy and efficient, allowing you to focus on what you do best: serving your customers. Visit us at 1004 County St Somerset Ma 02726 in Somerset, MA, or call us at (508) 730-2100 to learn how we can help your business grow!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $17 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $7,127,051, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Convenient Digital Banking Features

In today's fast-paced world, convenience matters more than ever. That's why St. Michaels Fall River offers robust online and mobile banking services. You can easily manage your accounts from anywhere at any time whether you're checking balances or making transfers. Our ATM services ensure that cash withdrawal is quick and accessible, while our basic drive-thru banking allows for deposits and simple transactions without leaving your vehicle.

Credit Cards and Business Banking

To reward your spending habits, we offer credit cards with rewards that add value back into your daily purchases. For small business owners, our business banking solutions provide merchant services and business loans designed to help you grow and thrive in today's market.

Easy Access for Everyone

We aim to make banking as straightforward as possible. Our branch hours are designed with your schedule in mind: Monday through Friday from 9:00 A.M. to 5:00 P.M., with Saturday hours from 9:00 A.M. to 12:00 Noon for those who need weekend access. If you have questions or need assistance, don't hesitate to give us a call at 508-730-2100. At St. Michaels Fall River, we believe in building lasting relationships with our members by offering services that truly meet their needs. We invite you to visit us or explore more about what we offer online at stmichaelsfcu.com. Let us be your trusted partner in financial success!

Personal Banking Solutions

Our personal banking options include checking and savings accounts tailored to fit different lifestyles. Whether you're looking for a simple way to manage your day-to-day expenses or saving for a special occasion, we have accounts that can help you reach your goals. For those considering purchasing a vehicle, our auto loans and vehicle financing make it easy to get behind the wheel without breaking the bank. If buying a home is on your horizon, explore our mortgage loans and refinancing options. We understand how important this milestone is, and our team is here to guide you through each step. Additionally, our personal loans can assist with debt consolidation or unexpected expenses, giving you peace of mind when life throws a curveball.

Digital & Online Banking

Accessibility & Ease-of-Use

Navigating our online banking platform is simple, so even if you're not tech-savvy, you'll find it easy to use. We strive to create an experience that allows for real-time account management from any device. Whether you're checking balances or transferring funds, you'll feel confident knowing that everything is designed with your safety in mind. In summary, at St. Michaels Fall River, we're committed to providing you with reliable digital banking services tailored for convenience and security. Explore more about what we offer by visiting http://www.stmichaelsfcu.com/ today!

Key Features

One of the standout features is e-statements, which allow you to receive your bank statements electronically. This not only helps reduce paper clutter but also makes it easier for you to track your financial activities. Plus, our person-to-person transfer service lets you send money to friends and family quickly and securely, making splitting bills or sending gifts hassle-free. While we currently don't offer a mobile application or mobile payments, our user-friendly website ensures that all members have an accessible platform for their banking needs. Security is paramount, so rest assured that your information is protected every step of the way.

Financial Strength

A Solid Financial Foundation

With a net worth of $10,242,543, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $893 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Investing Back into Our Community

With $9,483,456 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 members' financial goals across various sectors with $61 in used auto loans and $101,432,690 in total loans and leases.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $0, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 11 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Securing Your Savings

Members' savings are secured through $47,945,634 in share certificates and $9,015,330 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $7,806,521, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Trust Built on Transparency

Total Share and Deposit Accounts: 5,625, showing a strong and growing member base that trusts us with their finances. With Net Shares available for lending and investments at $0, you can be confident that your money is working hard for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, St. Michaels Fall River is your trusted partner. Visit us at 1004 County St Somerset Ma 02726 or call (508) 730-2100 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already facilitated $1,093,139 in used vehicle loans and $841,126 in new vehicle loans, helping our members get on the road with ease. Whether you're buying new or used, our flexible terms make it easier for you to find the right financing solution.

Business Loans

For business owners in need of capital to grow and expand, our outstanding commercial loans totaling $7,127,051 provide the support necessary for your ventures. We are committed to empowering local businesses and fostering economic growth within our community. We invite you to explore your options with us at St. Michaels Fall River. Whether you're considering refinancing or want to learn more about eligibility requirements for any of our loan products, we're here to assist you every step of the way. For more information or to start your application process today, contact us at 508-730-2100 or visit us at 1004 County St., Somerset MA 02726. 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 help you navigate your financial journey with confidence!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $29,698,084, making buying or refinancing simple. We believe that homeownership should be accessible and straightforward for everyone.

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes feel overwhelming. That's why we also offer flexible terms on unsecured credit card loans. With a total of $894,986 in loans helping members manage their finances effectively, you can have peace of mind knowing that you have options available when unexpected costs arise.

Loan Aggregator

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