Branch Location & Accessibility
Welcome to Tri-lakes, your friendly credit union located at 453 Wesvalley Rd in the beautiful town of Lake Placid, NY. Nestled amidst stunning mountain views and just a short drive from local landmarks like Mirror Lake and the Olympic Center, our branch is designed with your convenience in mind. Whether you're a long-time member or considering joining us, we're here to make your banking experience as smooth as possible. While members can visit us at 453 Wesvalley Rd, official correspondence should be sent to the same address for consistency. Our branch is easily accessible with ample parking available right outside, ensuring you have no trouble finding a spot during your visit. We are proud to be ADA compliant, featuring ramps and other accessibility options to welcome all members of our community. At Tri-lakes, we understand that your time is valuable. That's why we offer convenient lobby hours from Monday to Friday, opening at 8:30 AM and closing at 5:00 PM. Need cash on the go? You'll be pleased to know that we have an ATM available for quick withdrawals and balance checks, making it easy for you to access your funds whenever needed. Unfortunately, we do not have drive-thru service at this location; however, our friendly staff is always ready to assist you inside the branch with any banking needs you may have. From personal banking services like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Feel free to reach out by phone at 518-523-2775 if you have any questions or need assistance before your visit. We look forward to welcoming you to Tri-lakes in Lake Placid where community banking meets personalized service!
Member Eligibility
Becoming a member of Tri-lakes is like joining a family that genuinely cares about your financial well-being. If you're interested in being part of our supportive community, you're in luck! Membership is open to anyone who lives, works, worships, or attends school in the beautiful Lake Placid area. We welcome individuals from all walks of life and believe that everyone deserves access to quality financial services. By joining Tri-lakes, you'll enjoy benefits such as personalized service, competitive loan rates, and access to various banking products tailored to meet your needs. Opening an account with us is straightforward and inclusive. To get started, simply visit us at our branch located at 453 Wesvalley Rd Lake Placid Ny 12946, or give us a call at (518) 523-2775 for more information. For those who want to dive deeper into the eligibility criteria or have specific questions, feel free to check out the details available on our website. We're excited to help you take this important step towards achieving your financial goals!
Financial Strength
At Tri-lakes, 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 that trust is built on a solid foundation, which is why we are committed to maintaining our strong financial health. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $3,020,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.29% 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 $819,152 in share certificates and $805,723 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 $2,278,071 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $304 in used auto loans and $12,894,688 in total loans and leases; this supports our members' financial goals across various sectors. Although our current net income stands at $70,822, it reflects our operational efficiency and enables 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 0 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team. Our strong position is further highlighted by having total share accounts at 4,414, showing a robust 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, Tri-lakes is your trusted partner. Visit us at 453 Wesvalley Rd Lake Placid Ny 12946 or call (518) 523-2775 to learn more about how we can help you achieve your financial goals.
