Torrance Community Credit Union CA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Torrance Community, where your financial well-being is our top priority! Located at 1511 Cravens Ave, Torrance, CA 90501, we have been serving our community since 1958. With a strong commitment to supporting our members, we proudly boast a total membership of 7,777 and total assets of $153,791,889. At Torrance Community, we believe in building lasting relationships that empower you to achieve your financial goals. Whether you're looking for personal banking solutions like checking and savings accounts or more specialized services such as auto loans and mortgages, we have you covered. Our dedicated team of 16 employees, led by CEO Michael Wilkins and Board President Jane Isomoto, is here to ensure that every interaction you have with us is positive and fulfilling. In addition to our robust offerings, we manage total deposits amounting to $12,598,936 and maintain a strong net worth of $14,151,817. With over 2,498 loans and leases issued, we are committed to providing the financial support you need. While members can visit us at our branch location, official correspondence should be sent to P.O. Box 4327, Torrance, CA 90510-4327 if different from our physical address. We encourage you to explore all the ways we can assist you in navigating your financial journey. Don't hesitate to reach out! Call us today at 310-618-9111 or visit our website at torranceccu.org for more information about our services and how we can help you thrive financially. Your future starts here at Torrance Community!

Branch History & Mission

Join Us

With operating hours from Monday to Thursday from 9:30 AM to 5:30 PM and Friday until 6:00 PM, we're here when you need us most. If you're looking for a financial partner who truly cares about your success, consider joining Torrance Community. Experience firsthand how we can help you achieve your financial goals while being part of a community-focused organization. Call us today at 310-618-9111 or visit us online at Torrance Community to learn more about becoming a member!

Our Journey

From the very beginning, Torrance Community has been more than just a financial institution. We started with a simple goal: to provide accessible banking services to those in need. As we evolved through the decades, our commitment to our members never wavered. We've expanded our services to include personal banking options such as checking and savings accounts, auto loans, mortgages, and credit cards with rewards. Our aim has always been to empower individuals and families by providing the tools they need for financial success. In today's digital world, we understand the importance of innovation. That's why we've embraced online and mobile banking solutions that make managing finances easier than ever. Members can access their accounts anytime from anywhere. While we don't offer drive-thru service or shared service centers, our ATM is available for convenient cash withdrawals and balance checks.

Our Mission

Our mission statement reflects our core values: "To improve the financial well-being of our members while enhancing the communities we serve." At Torrance Community, we believe that financial services should be a force for good. Beyond offering competitive rates and easy-to-use banking products, we actively engage in community outreach efforts. This includes partnerships with local organizations aimed at improving lives and fostering growth right here in Torrance. While members can visit us at 1511 Cravens Ave for all their banking needs, official correspondence should be sent to P.O. Box 4327, Torrance, CA 90510-4327 if you prefer mail communication.

Branch Location & Accessibility

Accessibility and Features

At Torrance Community, we prioritize your comfort and convenience. Our branch features ADA-compliant access, ensuring that everyone can navigate our space with ease. There's ample parking available, so you won't have to worry about finding a spot when you come in. While we currently do not offer drive-thru banking, we make up for it with our welcoming atmosphere inside.

Get in Touch

If you have any questions or need assistance, don't hesitate to give us a call at 310-618-9111. We invite you to stop by and experience the friendly service that sets us apart. Join us today at Torrance Community where your financial well-being is our top priority!

Operating Hours

We are here for you during the week! Our lobby hours are from 9:30 AM to 5:30 PM Monday through Thursday, and we extend our hours until 6:00 PM on Fridays. We're closed on weekends, giving our staff time to recharge so they can provide you with the best service possible when we're open.

Services Offered

At Torrance Community, we offer a wide range of services tailored to meet your financial needs. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans, mortgages, or credit cards with rewards we've got you covered! Plus, enjoy hassle-free ATM access for withdrawals and balance checks anytime.

Member Eligibility

Welcome to the family at Torrance Community! Joining our community is easy and rewarding. If you live, work, or worship in the Torrance area, or if you're a family member of an existing member, you're likely eligible to become part of our credit union. We believe that everyone deserves access to financial services that are tailored to their needs, and that's why we invite you to explore the benefits that come with membership. From personal banking options like checking and savings accounts to loans and credit cards, we're here to support your financial journey. To get started, simply check out our eligibility criteria at , where you'll find all the details you need. Once you're ready to join, opening an account is straightforward just visit us at http://www.torranceccu.org/home-equity-line-of-credit or give us a call at (310) 618-9111. Our friendly team at 1511 Cravens Ave Torrance Ca 90501 is excited to welcome you into our community and help you take the next steps towards achieving your financial goals!

Business Banking & Commercial Services

Business Loan Options

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

Imagine running your business without the hassle of complicated payment processes. Our merchant services simplify transactions, allowing you to focus on what you do best serving your customers. Whether it's accepting card payments or managing online sales, we've got the tools you need to thrive. Visit us at 1511 Cravens Ave Torrance Ca 90501, Torrance, CA, or call us at (310) 618-9111 to explore how our business banking and commercial services can help turn your vision into reality.

Comprehensive List Of Services

Accessing Cash Made Simple

Need cash on-the-go? We've got you covered with our ATM & Cash Withdrawal Services, providing basic ATM access for withdrawals and balance checks whenever you need it. If you're ready to take control of your financial future or simply want more information about what we offer at Headquarters, don't hesitate to reach out! You can call us at (310) 618-9111 or visit us at our branch location. Our friendly staff is always here to assist you with any questions or needs you may have. Join us today and experience how Torrance Community can help make managing your finances easier and more rewarding!

Business Banking Services

For entrepreneurs and small business owners, we offer tailored Business Banking solutions including merchant services and business loans. We know how important it is for businesses to have reliable financial support, which is why our team is committed to helping you grow and succeed.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. Whether you're checking balances or transferring funds between accounts, our digital banking platform makes it easy and secure.

Home Financing Options

Buying a home is one of the biggest investments you'll make in your lifetime. Our Mortgage Loans & Refinancing services ensure that you have access to competitive rates and personalized assistance throughout the process. We're here to help you navigate your options so you can make informed decisions about home ownership or refinancing an existing mortgage.

Personal Banking Solutions

We understand that managing personal finances can sometimes feel overwhelming. That's why our Personal Banking services include a variety of options such as checking and savings accounts that fit your lifestyle. Imagine having a dedicated account where you can easily track your spending and saving goals! With us, you can also explore Auto Loans & Vehicle Financing, making it easier for you to get behind the wheel of your dream car without breaking the bank.

Support for Your Financial Goals

When life throws unexpected expenses your way, having access to funds is crucial. Our Personal Loans & Debt Consolidation options provide flexible solutions to help ease financial burdens. Additionally, our Credit Cards with Rewards program allows you to earn benefits while making everyday purchases it's like getting rewarded for living your life!

Digital & Online Banking

E-Statements and Accessibility

Say goodbye to paper statements! We provide e-statements for easy access to your account history without cluttering your mailbox. This feature not only helps the environment but also makes it simpler for you to keep track of your finances. With 24/7 online banking services available, managing your money has never been more accessible. No matter what time it is, you're just a few clicks away from taking control of your financial life at Torrance Community. Join us today and experience the convenience of modern banking!

Key Features

Our online banking platform at https://www.torranceccu.org/ is designed with you in mind. You can quickly check your balance, view transactions, and transfer funds with just a few clicks. Plus, we offer person-to-person transfers so you can send money to friends or family without hassle. Whether it's splitting a bill or sending a gift, it's all just a tap away.

Security and Convenience

Security is a top priority for us. While we currently do not offer electronic signature authorization, our systems are built to keep your information safe. You can enjoy peace of mind knowing that your personal data is protected as you manage your accounts online. Our mobile application also enhances your banking experience. Available for download, it allows you to perform essential banking tasks right from your phone. Whether you're on the go or relaxing at home, our app ensures you're always connected.

Financial Strength

At Torrance Community, 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 understand how important it is for you to feel confident in your financial institution, which is why we're committed to maintaining a strong foundation of financial health. With a net worth of $14,151,817, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $920 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 $10,815,279 in share certificates and $29,287,541 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. We also have $14,095,671 in undivided earnings, which allows us to 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 $610 in used auto loans and a total of $61,285,069 in loans and leases available. Although our current net income stands at $0, we remain dedicated to operational efficiency so that we can keep offering competitive loan rates and solid financial products for all our members. We also take pride in having 14 full-time employees and 2 part-time employees who are always ready to serve you with a knowledgeable and committed team. In summary, our total share accounts stand at 15,993, demonstrating 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, Torrance Community is your trusted partner. Visit us at 1511 Cravens Ave Torrance Ca 90501 or call (310) 618-9111 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 $11,723,364 in used vehicle loans and $10,179,519 in new vehicle loans already helping members get on the road. We provide financing options that fit your budget and lifestyle. Whether you're interested in a new or used vehicle, our dedicated team is here to assist you through every step of the process.

Credit Lines and Unsecured Loans

In addition to auto and mortgage loans, we also provide credit line loans totaling $9,702,660. This flexible financing can be used for various purposes, from home improvements to unexpected expenses. For those looking for a way to manage their finances effectively, we offer unsecured credit card loans with a total of $2,185,454 available. These cards come with straightforward terms and are designed to make budgeting easier. For business owners seeking capital for growth or expansion, while we currently do not have outstanding commercial loans available at this time, we encourage you to stay tuned for future offerings as we look to support local businesses. At Torrance Community, we're committed to providing our members with the resources they need to thrive financially. We invite you to contact us at 310-618-9111 or visit us at 1511 Cravens Ave., Torrance CA 90501 for more information about any of our loan products. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Explore our loan offerings today and see how we can assist you in achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $27,200,612, making buying or refinancing simple. We take pride in offering competitive rates and flexible terms to help you secure your dream home. If you're considering refinancing your existing mortgage, be sure to ask about our eligibility options.

Loan Aggregator

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 ensures that users receive fair and transparent offers. Each loan listing is carefully vetted to maintain accuracy and integrity.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. Users can trust that they are comparing genuine options. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. This allows users to make choices based solely on what's best for them. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions about their borrowing needs. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the effectiveness and reliability of the platform. 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.*