Stoneham Municipal Employees Credit Union MA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Stoneham Municipal Employees, your trusted financial partner located at 40 Pine St, Stoneham, MA 02180. Established in 1963, we have been dedicated to serving our community with integrity and commitment for over half a century. With a total membership of 4,508, we pride ourselves on fostering strong relationships and providing exceptional service to all our members. At Stoneham Municipal Employees, we understand that financial needs vary from person to person. That's why we offer a wide range of services including personal banking, auto loans, mortgage options, and business banking solutions. Our total assets of $68,473,894 reflect our stability and capability to support you through every stage of your financial journey. While members can visit us at our branch for personalized service during our convenient operating hours Monday through Friday from 9:00 AM to 4:30 PM and Saturday from 9:00 AM to 12:00 PM official correspondence should be sent to the same address: 40 Pine St, Stoneham, MA 02180-2048. Under the leadership of our CEO, Ann Marie Waugh, and Board President, Anita Woodland, we have cultivated an environment focused on member satisfaction. With a dedicated team of 14 employees, we are here to assist you with any inquiries or services you may need. Our financial health is evident with total loans amounting to 1,336 and deposits reaching $6,671,089. Additionally, we maintain a net worth of $9,355,496 which underscores our strength as a cooperative credit union. We invite you to explore what makes Stoneham Municipal Employees unique. Whether you're looking to open an account or need assistance with loans or other financial products, please don't hesitate to reach out. You can call us at 781-438-3959 or visit our website at smefcu.org for more information. Join us today and experience the difference that comes with being part of a member-focused credit union!

Branch History & Mission

Welcome to the Stoneham Municipal Employees, a credit union that has been proudly serving the community since 1963. Nestled at 40 Pine St in Stoneham, MA, our branch has grown from a small local institution into a trusted financial partner for over 4,500 members. With total assets reaching an impressive $68,473,894, we have dedicated ourselves to providing exceptional financial services that meet the needs of our diverse community. From our beginnings, we have focused on building strong relationships with our members and supporting their financial goals. Our mission is simple yet powerful: to offer personalized banking solutions while fostering community development. We believe in putting people before profits and strive to create a welcoming environment where everyone feels valued and supported. As we evolved over the years, we embraced changes in technology to enhance member experiences. While we currently do not offer ATM or drive-thru services, we provide robust online banking options and mobile applications that allow members to manage their finances conveniently. We are committed to ensuring accessibility for all members, adhering to ADA compliance standards. Our branch serves as more than just a place for transactions; it's a hub of community support. Through various outreach efforts and partnerships with local organizations, we work hard to give back to Stoneham and its residents. Whether through educational programs or financial literacy workshops, we aim to empower our members with knowledge and resources for better financial health. While members can visit us at 40 Pine St, official correspondence should be sent to the same address for clarity. Our operating hours are designed with your convenience in mind: Monday through Friday from 9:00 AM to 4:30 PM and Saturday from 9:00 AM to 12:00 PM. If you need assistance or have questions, don't hesitate to reach out at 781-438-3959. We invite you to join us at Stoneham Municipal Employees Credit Union. Experience the difference of being part of a community-focused organization where your financial well-being is our top priority! Visit our website at smefcu.org for more information on membership eligibility and how we can help you achieve your financial dreams.

Branch Location & Accessibility

Connect With Us

Have questions or want more information? Don't hesitate to reach out! Give us a call at 781-438-3959. We're here to provide guidance and support as you navigate your financial journey. We look forward to welcoming you soon!

Operating Hours

Our doors are open to serve you Monday through Friday from 9:00 AM to 4:30 PM, and on Saturdays from 9:00 AM to 12:00 PM. Whether you need assistance with personal banking services or have questions about our loan offerings, our friendly team is here to help during these hours.

Parking and Accessibility

We offer ample parking right outside the branch for your convenience. Our facility is designed with accessibility in mind, featuring ADA-compliant ramps and entrances that ensure everyone can visit us comfortably.

Services Available

At Stoneham Municipal Employees Credit Union, we pride ourselves on offering a variety of services tailored to meet your needs. From checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. While we do not have ATM availability or drive-thru service at this location, our dedicated staff is always ready to assist you with any transactions or inquiries you may have.

Member Eligibility

Becoming a member of Stoneham Municipal Employees is like joining a family that truly cares about your financial well-being. If you live or work in the Stoneham area, you're already on the right path! This community-focused credit union welcomes individuals who are affiliated with municipal employees, as well as their families. It's all about creating connections and supporting each other, making it easy for you to access a range of financial services designed with your needs in mind. For more details on eligibility, feel free to check out this helpful resource: http://www.smefcu.org/cms/about-us#membership. Opening an account at Stoneham Municipal Employees is a simple process that can be done online or by visiting us at our branch located at 40 Pine St Stoneham Ma 02180. Whether you're looking for checking and savings accounts or exploring loan options, our team is here to help every step of the way. If you have questions or need assistance, don't hesitate to give us a call at (781) 438-3959. We look forward to welcoming you into our community!

Business Banking & Commercial Services

Loan Options for Every Stage

Imagine securing the funding you need to turn your ideas into reality. Our commercial loans play a vital role in helping businesses like yours thrive. 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 Make Sense

In today's fast-paced market, having the right tools at your fingertips is crucial. Our merchant services help streamline your payment processes, allowing you to focus on what truly matters: serving your customers. Picture this quick transactions that make your checkout process seamless, giving your customers more time to enjoy their shopping experience. Located at 40 Pine St Stoneham Ma 02180 in Stoneham, MA, we invite you to explore how we can partner with you to take your business further. Let's work together to build a successful future! For inquiries, call us at (781) 438-3959 during our convenient hours: Mon-Fri 9:00am-4:30pm and Sat 9:00am-12:00pm.

Comprehensive List Of Services

Business Banking Solutions

For our business members, we offer comprehensive business banking services including merchant services and business loans. We aim to support local businesses in their growth and success by providing tailored financial solutions.

Credit Cards and Rewards

Looking to earn rewards on your everyday purchases? Our credit cards with rewards allow you to enjoy benefits while making everyday transactions. Whether it's cash back or travel points, our credit cards are designed to fit your lifestyle.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking options. You can easily access your accounts, make payments, and transfer funds from anywhere at any time. Our user-friendly platform ensures that managing your finances is just a click away. Though we currently do not have ATM or drive-thru services at this branch, our online tools will keep you connected to your finances without any hassle.

Get in Touch

We invite you to explore all the ways that Stoneham Municipal Employees can serve you. If you have questions or need assistance, don't hesitate to reach out at 781-438-3959. Our doors are open Monday through Friday from 9:00 AM to 4:30 PM and Saturday from 9:00 AM to 12:00 PM. Join us today and discover how we can help fulfill your financial needs! Visit us online at smefcu.org for more information or to start your membership journey!

Personal Banking Services

We understand that managing your finances can be overwhelming at times. That's why we offer a variety of personal banking services designed to make your life easier. From checking and savings accounts that help you manage daily expenses and save for future goals, to auto loans and vehicle financing that make purchasing your dream car more accessible, we've got you covered. If you're considering buying a home, our mortgage loans and refinancing options can simplify the process and make it more affordable. Additionally, we provide personal loans for debt consolidation, helping you take control of your finances by combining multiple debts into one manageable payment.

Digital & Online Banking

Conclusion

At Stoneham Municipal Employees, we strive to make banking as straightforward and efficient as possible. With user-friendly online and mobile banking tools, managing your money has never been easier. Visit us today at http://smefcu.org/cms/ and discover how our digital banking services can work for you!

Key Services

Our online banking services are tailored to provide you with convenience and peace of mind. Enjoy features like e-statements, which allow you to view your account statements electronically. This not only helps the environment but also keeps your financial information organized and easily accessible. Need to send money to a friend? Our person-to-person transfer service makes it simple to send funds instantly, without needing cash or checks. Plus, our mobile application allows you to manage your accounts right from your smartphone, giving you real-time access to your finances.

Security and Accessibility

We prioritize your security in all our digital services. While we currently do not offer electronic signature authorization, rest assured that every transaction is protected with advanced security measures. You can bank confidently knowing your information is safe. With 24/7 online banking services, you have the flexibility to handle your finances on your schedule. Whether it's checking your balance, paying bills, or transferring money between accounts, everything is just a few clicks away. In addition, while we don't offer mobile payment options at this time, our team is always looking for ways to enhance our digital offerings based on member needs.

Financial Strength

Dedicated Team

We also take pride in having 7 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Together, we strive to provide exceptional service tailored to your individual needs.

Growing Member Base

Total Share and Deposit Accounts: 6,937, showing a strong and growing member base that trusts us with their finances. This growth reflects our community's confidence in our ability to support their financial journeys. 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 40 Pine St Stoneham Ma 02180 or call (781) 438-3959 to learn more about how we can help you achieve your financial goals.

Lending Support

Our lending capacity supports members' financial goals across various sectors with $313 in used auto loans and $20,935,757 in total loans and leases. Our operations reflect efficiency; our $0 showcases our ability to maintain competitive loan rates while providing solid financial products for our members.

Reinvestment for Growth

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. This commitment to continuous improvement means you can rely on us for all your banking needs.

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 Capital Foundation

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. Whether you're purchasing a brand-new model or a reliable used vehicle, our financing options are straightforward and tailored for your convenience.

Credit Lines

In addition to auto and mortgage loans, we have total credit lines amounting to $8,724,438 available for those who need access to funds for larger purchases or emergencies. These lines provide flexibility and peace of mind when unexpected costs arise. As always, our team at Stoneham Municipal Employees is ready to assist you through every step of the loan process. If you're considering refinancing or would like more information about eligibility options for any of our loan products, don't hesitate to reach out. For more insights and details on our offerings, visit us at Stoneham Municipal Employees or call us at 781-438-3959. We look forward to helping 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.*

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. We provide various mortgage products to help you secure your dream home while also offering refinancing solutions if you're looking to improve your current loan terms.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. 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 rewards and benefits that cater to your lifestyle.

Loan Aggregator

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