Torrington Municipal And Teachers Credit Union CT

Introduction

Welcome to Torrington Municipal And Teachers, your trusted financial partner located at 50 Major Besse Dr, Torrington, CT 06790. Since our establishment in 1960, we have dedicated ourselves to serving the community with integrity and commitment. With a proud membership of over 10,600 individuals, we are here to support you on your financial journey. At Torrington Municipal And Teachers, we understand the unique needs of our members. Our total assets stand at an impressive $80,999,794, allowing us to offer competitive loans and deposits that enhance your financial well-being. Currently, we manage more than $4,227,935 in deposits and have extended loans totaling 2,855, ensuring that we can meet various financial needs within our community. Our leadership team is passionate about providing exceptional service. Under the guidance of our CEO, Donna Marie Battistoni, and Board President, Michael Tyler, we strive to create a welcoming environment for all members. We encourage you to reach out via phone at 860-309-2261 or visit us during our lobby hours from 10:00 AM to 1:00 PM, Monday through Friday. While members can visit us at our branch location, official correspondence should be sent to 50 Major Besse Dr, Torrington, CT 06790-3721. We invite you to explore the various services we offer by visiting our website at Torrington Municipal And Teachers. Join us as we continue to build a stronger community together!

Branch History & Mission

At Torrington Municipal And Teachers, we are proud to carry a legacy of service and community support that stretches back to our founding in 1960. Since then, we have grown from humble beginnings into a trusted financial institution for over 10,600 members. Located at 50 Major Besse Dr, Torrington, CT 06790, our branch serves as a beacon of hope and opportunity for residents in the Torrington area. Throughout the years, we have achieved significant milestones that highlight our commitment to our members and the community. With total assets reaching an impressive $80,999,794, we have continuously expanded our offerings to meet the evolving needs of those we serve. Our mission is simple yet profound: to provide accessible financial services while fostering community growth and support. We believe in the power of partnership and actively engage with local organizations to uplift our community. Our operating hours are convenient for busy lives, open Monday through Friday from 10:00 AM to 1:00 PM. While we currently do not offer ATM or drive-thru services, our dedicated staff is always ready to assist you in person or over the phone at 860-309-2261. For official correspondence, please note that while members can visit us at our branch address, all mail should be directed to 50 Major Besse Dr, Torrington, CT 06790-3721. Our focus on member satisfaction drives us to implement modern banking solutions such as online banking and mobile payments. We strive for inclusivity by ensuring ADA compliance within our facilities and services. Each decision we make is aimed at enhancing your experience and making financial management easier for everyone. As a vital part of the Torrington community, we understand that financial health goes hand-in-hand with community well-being. That's why we pride ourselves on offering programs that not only support your individual financial goals but also contribute to the broader economic vitality of our area. We invite you to become part of this inspiring journey with us at Torrington Municipal And Teachers. Join today and experience firsthand the benefits of being part of a credit union that truly cares about its members and its community. Together, let's build a brighter future!

Branch Location & Accessibility

Accessibility Features

Our branch is fully accessible, featuring ADA-compliant entrances and parking options to accommodate everyone. We want all members of the community to feel welcome and supported when they visit us.

Convenient Hours

We understand that your time is valuable. That's why our lobby hours are set from 10:00 AM to 1:00 PM on weekdays, making it convenient for you to drop in during your busy day. If you have any questions or need assistance before visiting, feel free to give us a call at 860-309-2261.

Services Offered

At the Torrington Municipal And Teachers branch, we may not have ATM services or drive-thru banking available right now, but we offer essential services tailored to meet your needs. Our friendly staff is ready to assist you with various banking needs while ensuring you have a pleasant experience every time you visit. We invite you to come by and explore how we can support your financial journey. Whether you're a long-time member or considering joining us, we look forward to welcoming you into our community!

Member Eligibility

At Torrington Municipal And Teachers, we believe in creating a welcoming community where everyone can thrive. Becoming a member is easy and open to those who live, work, or attend school in the Torrington area. If you have a passion for supporting local education and municipal services, you're already on the right path! You can check out the detailed eligibility criteria by visiting . Once you're ready to join our family, opening an account is straightforward. Just give us a call at (860) 309-2261, or visit our website to start your application process. We're excited to help you access all the benefits of membership at Torrington Municipal And Teachers from competitive rates to personalized service that puts you first. Join us today at our branch located at 50 Major Besse Dr Torrington Ct 06790 and experience the difference of being part of something special!

Business Banking & Commercial Services

Commercial Loans That Propel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $22,157, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services for Everyday Needs

In addition to loans, our merchant services make transactions easy and efficient. Imagine your customers being able to pay with their preferred methods without hassle. Our services streamline payments, letting you focus on what matters most growing your business. Located at 50 Major Besse Dr, Torrington, CT 06790, we invite you to explore how Torrington Municipal And Teachers can support your business goals. For more information, call us at 860-309-2261 or visit our website at tmtfcu.org. Let's work together to build a brighter future for your business!

Comprehensive List Of Services

Accessibility and Convenience

Located conveniently for our community, Torrington Municipal And Teachers is committed to ensuring that banking is stress-free. Our lobby hours are designed with your schedule in mind, open from 10:00 AM to 1:00 PM on weekdays. If you have questions or need assistance, don't hesitate to reach out by calling us at (860) 309-2261. Our commitment goes beyond just offering services; it's about building relationships with our members. We strive to create an environment where everyone feels welcome and supported in their financial journey.

Join Us Today!

Experience firsthand how Torrington Municipal And Teachers can enhance your banking experience. Visit us at 50 Major Besse Dr Torrington Ct 06790 or connect with us online at Torrington High School for more information about our services and how we can help you thrive financially. Your journey toward better banking starts here!

Our Services

Whether you're looking to manage your daily expenses, save for the future, or secure a loan, we've got you covered. One of the key services we offer is ATM Services Only, which provides easy access to your funds whenever you need them. Imagine being able to withdraw cash or check your balance without hassle, right when you need it! We understand that today's world requires flexibility and efficiency in managing finances. That's why our digital banking features allow you to perform transactions from the comfort of your home or on-the-go. You can easily transfer money between accounts, pay bills online, and even send money to friends or family through our person-to-person payment service. If you're considering purchasing a new vehicle or refinancing an existing loan, our team can guide you through the process with tailored lending solutions. While our primary focus is on ATM services, we're here to assist with any inquiries regarding loans and other financial products as well.

Digital & Online Banking

Accessibility at Your Fingertips

For those who prefer using apps, our mobile application is user-friendly and packed with features that make banking simpler. You can view your e-statements anytime, keeping track of your spending without the clutter of paper statements. We prioritize security too; while we don't currently offer electronic signature authorization, rest assured that all transactions through our platform are protected.

Convenient Features

Our online banking service is available 24/7, allowing you to check balances, pay bills, and transfer money whenever it suits you. You'll appreciate the ability to send money easily with our person-to-person transfer feature. Need to make payments on the go? Our mobile payments option lets you use your smartphone for quick transactions it's as simple as tapping your phone!

Stay Informed and Engaged

We believe in keeping our members informed. With real-time account management, you'll receive updates on your balance and transaction history right at your fingertips. This means fewer surprises and more peace of mind when it comes to managing your funds. Whether you're at home or on the move, Torrington Municipal And Teachers is here to provide the tools you need for effective financial management. Explore all our digital offerings today at https://www.tmtfcu.org/, and experience banking that adapts to you!

Financial Strength

At Torrington Municipal And Teachers, 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 strong financial position, which reflects our commitment to serving you with confidence. With a net worth of $7,243,973, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 894 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 $11,983,596 in share certificates and $13,489,357 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 $7,218,913 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 across various sectors with $9,115 in used auto loans and a total of $33,290,646 in loans and leases. Though our current net income is $0, it reflects our operational efficiency as we focus on building a sustainable future for our members. We also take pride in having 16 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Our net shares available for lending stand at $3,631,768, showcasing the funds we have ready to support you. Additionally, our total share accounts number 21,617, indicating a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Torrington Municipal And Teachers is your trusted partner. Visit us at 50 Major Besse Dr Torrington Ct 06790 or call 860-309-2261 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, with over $13,050,455 in used vehicle loans and $6,595,913 in new vehicle loans already helping members get on the road. We provide flexible options tailored to fit your budget and lifestyle.

Business Financing

For business owners, our outstanding commercial loans totaling $22,157 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to improve your existing operations, we are here to support you. We also offer refinancing options and can help determine your eligibility for various loan products. If you have any questions or need assistance with the application process, please don't hesitate to reach out. You can contact us at 860-309-2261 or visit us at 50 Major Besse Dr., Torrington CT 06790. 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 take the next step toward your financial future!

Credit Lines

For those looking for additional financial flexibility, our credit lines total $7,600,000. This option allows you to access funds when you need them while only paying interest on what you use.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,580,667, make buying or refinancing simple. We aim to streamline the process so you can focus on making your house a home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $644,414 in loans helping members manage their finances effectively. These cards can be great for handling unexpected expenses or everyday purchases without the burden of collateral.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate 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 rigorous sourcing guarantees that users receive fair and transparent offers. By relying on verified financial institutions, LendMesh ensures that all loan comparisons are accurate and trustworthy.