Stoneham Municipal Employees Credit Union Reading MA | Affordable Auto Loans & Quick Personal Loans

Introduction

Welcome to Stoneham Municipal Employees, your trusted financial partner located at 218 Ash St, Reading, MA 01867. Established in 1963, we have been dedicated to serving our community for over six decades. With a commitment to putting our members first, we proudly serve a growing family of 4,508 members, all while maintaining a strong financial foundation with total assets of $68,473,894. At Stoneham Municipal Employees, we understand that banking is more than just numbers; it's about building relationships. Our team of 14 dedicated employees, led by CEO Ann Marie Waugh and Board President Anita Woodland, is here to provide personalized service tailored to your unique financial needs. Whether you're looking for checking and savings accounts, auto loans, or business banking solutions, we aim to empower you on your financial journey. While you can visit us at our Reading branch for all your banking needs, please note that any official correspondence should be sent to our mailing address: 40 Pine St, Stoneham, MA 02180-2048. Our credit union boasts a solid reputation with total deposits reaching $6,671,089 and an impressive net worth of $9,355,496. We also offer a diverse range of services designed to help you achieve your goals from personal loans and mortgage refinancing to credit cards with rewards and online banking options. We invite you to discover how Stoneham Municipal Employees can support you today. Feel free to reach out at 781-438-3959 or explore more about us on our website at smefcu.org. Let's work together towards your financial success!

Branch History & Mission

Welcome to the heart of our community at Stoneham Municipal Employees, located at 218 Ash St, Reading, MA 01867. Since our doors first opened in 1963, we have been dedicated to serving our members with integrity and commitment. Over the years, we have grown from a small credit union into a thriving financial institution, now proudly boasting a total membership of 4,508 individuals. Our mission is simple yet powerful: to empower our members through accessible financial services while fostering a strong sense of community. We believe that everyone deserves the opportunity to achieve their financial goals, whether it's buying a new home, financing a vehicle, or saving for retirement. With total assets reaching an impressive $68,473,894, we are well-equipped to provide the support you need. At Stoneham Municipal Employees, we understand that banking should be more than just transactions. It should be about building relationships and supporting one another. This is why we actively engage in community outreach efforts and partnerships aimed at uplifting those around us. We strive to create programs that not only benefit our members but also enhance the well-being of our entire community. While members can visit us at 218 Ash St, official correspondence should be sent to our mailing address: 40 Pine St, Stoneham, MA 02180-2048. Our branch operates on convenient hours: Monday, Wednesday, and Friday from 11 AM to 4 PM; Tuesday and Thursday from 12 PM to 5 PM. Though we currently do not offer ATM or drive-thru services, we remain committed to providing excellent service within our lobby during these hours. As we move forward in this digital age, we've embraced technology by offering online banking and mobile applications to ensure that our services remain accessible anytime and anywhere. Our team is dedicated to making your banking experience as smooth as possible while ensuring compliance with ADA standards. We invite you to join the Stoneham Municipal Employees family today! Experience firsthand how we can help you achieve your financial dreams while also being part of a supportive community network. Visit us online at smefcu.org or give us a call at 781-438-3959 for more information on how you can become a member. Together, let's build a brighter future!

Branch Location & Accessibility

Connect With Us

If you have any questions or need assistance before visiting, feel free to give us a call at 781-438-3959. We're here to help! Come by today and discover how Stoneham Municipal Employees can serve your financial needs with a personal touch. We look forward to seeing you soon!

Convenient Access

At our Reading branch, we prioritize accessibility for all members. Our facility complies with ADA standards, ensuring that everyone can comfortably access our services. While we don't have a drive-thru service or ATMs on-site, our friendly staff is always ready to assist you inside. If you're driving, there's ample parking available nearby to make your visit even easier.

Operating Hours

We understand that flexibility is important. That's why our lobby hours are designed to accommodate various schedules: we welcome you on Monday, Wednesday, and Friday from 11 AM to 4 PM, and on Tuesday and Thursday from 12 PM to 5 PM. Our dedicated team is here during these times to provide personalized service tailored to your banking needs.

Services Offered

Our branch offers a wide range of services to support both personal and business banking. From checking and savings accounts to auto loans and mortgage refinancing, we've got you covered! Additionally, we pride ourselves on offering credit cards with rewards that suit your lifestyle. For those looking for online convenience, our mobile and online banking options are user-friendly and secure. While members can visit us at 218 Ash St for all their banking transactions, please note that official correspondence should be sent to our mailing address at 40 Pine St, Stoneham, MA 02180-2048.

Member Eligibility

Becoming a member of Stoneham Municipal Employees is like joining a close-knit community that truly cares about your financial well-being. If you're a municipal employee, their family member, or even someone who lives or works in the area around Reading, MA, you can easily qualify for membership. At Stoneham Municipal Employees, located at 218 Ash St Reading Ma 01867, you'll discover that membership brings with it a wealth of benefits, from personalized banking solutions to competitive loan rates. It's all about supporting one another and making financial services accessible to everyone. To learn more about eligibility criteria, feel free to check out the details at http://www.smefcu.org/cms/about-us#membership. When you're ready to join us, opening an account is straightforward! Just visit https://smefcu-dn.financial-net.com/web/enrollment to get started on your journey with Stoneham Municipal Employees. If you have any questions or need assistance, don't hesitate to reach out at (781) 438-3959. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Loan Options for Every Business

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 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 $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

In addition to loans, we offer merchant services designed to simplify transactions for your business. Picture this: you're at a bustling market or retail location, and every second counts. Our payment processing solutions ensure that you can handle sales quickly and efficiently, letting you focus on what you do best serving your customers. Located at 218 Ash St Reading Ma 01867 in Reading, MA, we are dedicated to empowering local businesses. Visit us today or call us at (781) 438-3959 to learn more about how we can help you thrive!

Comprehensive List Of Services

Additional Lending Choices

We also recognize that life can bring unexpected expenses. Our personal loans and debt consolidation services are designed to give you the financial flexibility you need during challenging times. With competitive rates and tailored repayment plans, we're here to help lighten your financial load.

Credit Cards & Business Banking

For those who like to earn rewards while they spend, our credit cards come with perks that can benefit you in everyday purchases. If you're a business owner or entrepreneur, you'll appreciate our business banking services which include merchant services and business loans tailored for growth and success.

Embracing Technology

In today's fast-paced world, convenience is key. That's why Stoneham Municipal Employees offers robust online and mobile banking solutions. You can manage your accounts from anywhere at any time whether checking balances or transferring funds making banking simpler than ever before. Plus, our ATM and cash withdrawal services ensure you have access to your money when you need it most. We invite you to visit us at 218 Ash St, Reading MA 01867 or give us a call at 781-438-3959 for more information about how we can assist you with your financial journey. At Stoneham Municipal Employees, your success is our priority!

Home Financing Options

When it comes to homeownership, we understand how important it is to find the right mortgage loan. At Stoneham Municipal Employees, we provide mortgage loans and refinancing options that can help you secure your ideal home or lower your current payments. We work closely with our members throughout the process, ensuring clarity and support every step of the way.

Personal Banking Solutions

Starting with personal banking, we offer checking and savings accounts that cater to various lifestyles and financial goals. Whether you're looking for a straightforward savings plan or an account that rewards you for your spending habits, we've got options that fit your needs. For those considering a new vehicle, our auto loans and vehicle financing options make it easy to drive away in your dream car without breaking the bank.

Digital & Online Banking

E-Statements and Security

Say goodbye to paper clutter! We offer e-statements so you can receive your account statements electronically. This not only helps the environment but also allows for quick access and better organization of your financial records. Your data security is our top priority; we use advanced encryption technology to keep your information safe while you enjoy the convenience of online access.

Mobile Application and Payments

For those who prefer banking on-the-go, our mobile application is available for download. With it, you can perform essential tasks directly from your smartphone. Although mobile payments are not available at this time, our app still provides features like person-to-person transfers, making it easy to send money to friends or family in just a few taps.

Real-Time Account Management

Managing your money has never been easier with our real-time account management tools. You can quickly view transactions, check balances, and set up alerts for important activities on your accounts. We aim to empower our members by providing easy access to their financial information whenever they need it. In summary, Stoneham Municipal Employees strives to make banking accessible and straightforward through our digital offerings. Explore all the services we provide by visiting our website today!

Financial Strength

Commitment to Innovation

With $6,062,814 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to your financial well-being is reflected in our capacity for lending; we currently have $313 in used auto loans and $20,935,757 in total loans and leases available to support your goals.

Growing Member Base

With a total of 6,937 share and deposit accounts, it's clear that our growing member base trusts us with their finances. This trust underpins everything we do at Stoneham Municipal Employees, reinforcing our mission to provide reliable banking solutions tailored to your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Stoneham Municipal Employees is your trusted partner. Visit us at 218 Ash St Reading Ma 01867 or call (781) 438-3959 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our operational efficiency is highlighted by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 7 full-time employees and 7 part-time employees who are always ready to assist you with knowledgeable service.

Secure Savings Options

Members' savings are secured through $3,834,593 in share certificates and $175,950 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 Financial Health

With a net worth of $9,355,496, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,366 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 $4,071,752 in used vehicle loans and $1,475,467 in new vehicle loans already helping members get on the road. We provide flexible terms to make financing your vehicle easy and accessible.

Credit Lines

For those who need ongoing access to funds, our total credit lines available amount to $8,724,438. This allows members the flexibility to handle unexpected expenses while maintaining control over their finances.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $3,027,644, make buying or refinancing simple. Whether you're a first-time buyer or looking to refinance an existing mortgage, our team is here to guide you through every step.

Refinancing Options

If you're considering refinancing any existing loans or mortgages, we have options available that could potentially lower your payments and save you money over time. Our friendly staff can help you determine eligibility and find the best solution for your situation. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Whether it's an auto loan for your next adventure or a mortgage for your dream home, Stoneham Municipal Employees is committed to providing personalized service and competitive rates. Contact us today or visit our website at smefcu.org to learn more about our loan offerings!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $602,058 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards that fit your lifestyle.

Loan Aggregator

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