UMassFive College Credit Union Amherst MA | Best Auto Loans & Business Banking

Introduction

Welcome to Umassfive College, your trusted financial partner located at 1 Campus Center Way, Amherst, MA 01003. Established in 1967, our credit union has been dedicated to serving the community with integrity and care for over five decades. As a proud member of the local landscape, we currently support more than 50,876 members with a commitment to providing personalized financial solutions tailored to their needs. At Umassfive College, we understand that your financial journey is unique. That's why we offer a wide range of services, including personal banking accounts, auto loans, mortgages, and business loans. With total assets amounting to an impressive $707,070,417 and total deposits reaching $29,802,135, our solid foundation allows us to provide you with reliable banking solutions. While members can visit us at our branch address for face-to-face assistance and guidance, official correspondence should be sent to our mailing address: PO Box 1060, Hadley, MA 1035. Under the leadership of CEO Richard Kump and Board President Jacqueline Watrous, our team of 132 employees is here to ensure you receive exceptional service every step of the way. We take pride in maintaining a net worth of $62,693,860 and having a robust cash reserve of $3,250,507 on hand. This strong financial position enables us to meet your borrowing needs effectively with over 23,607 loans extended within the community. We invite you to explore our offerings further by visiting our website at umassfive.coop. Whether you're looking to open a new account or need assistance with an existing one, feel free to reach out to us at 413-545-3830. Our friendly staff is ready to help during our lobby hours: Monday through Thursday from 9:00 am to 4:00 pm and Friday from 9:00 am to 4:30 pm. Join us at Umassfive College where your financial success is our priority!

Branch History & Mission

Community Engagement

Our dedication extends beyond financial transactions; we're actively involved in community service projects that uplift those around us. By collaborating with local organizations, we work to address pressing needs within Amherst and surrounding areas. With operating hours from Monday to Thursday from 9:00 am to 4:00 pm and Friday from 9:00 am to 4:30 pm, we invite you to stop by or give us a call at 413-545-3830. Explore how becoming a member of Umassfive College can benefit you! Join us today and experience firsthand the difference that a supportive financial partner can make in your life. Visit our website at umassfive.coop for more information on membership eligibility and account openings.

Our Mission

Our mission at Umassfive College is not just about banking; it's about making a positive impact in the lives of our members and the broader community. We are dedicated to offering personal banking solutions such as checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. But beyond these financial offerings, we strive to support local initiatives through partnerships and outreach programs that enhance the quality of life in Amherst. We believe that everyone deserves a chance to succeed financially. This philosophy drives us to create an inclusive environment where all individuals can access essential banking services without barriers. Our branch is ADA compliant and equipped with modern technologies for online and mobile banking, ensuring convenience for all our members. While members can visit us at 1 Campus Center Way, official correspondence should be sent to PO Box 1060, Hadley, MA 1035.

Branch Location & Accessibility

Banking Services Just for You

We offer a wide range of banking services tailored to meet your needs. Whether you're interested in personal banking options like checking and savings accounts, auto loans, or credit cards with rewards, we've got you covered. Plus, if you're running a business, our merchant services and business loans can help you thrive. Although we do not have ATM facilities or drive-thru services at this branch, we invite you to enjoy basic shared branch transactions like deposits and withdrawals if you're a member of a partner credit union. If you have any questions or want to learn more about what we can do for you, don't hesitate to reach out! Give us a call at 413-545-3830 or drop by during our operating hours. We look forward to serving you!

Convenient Access and Features

Our location boasts ample parking options for those driving in, along with features designed to make your visit as smooth as possible. We prioritize accessibility, ensuring that all visitors can easily navigate our space. You'll find ADA-compliant entrances and ramps that cater to everyone. At the Umassfive College branch, we're open Monday through Thursday from 9:00 am to 4:00 pm, and on Fridays until 4:30 pm. This gives you plenty of time during the week to come in and talk about your financial goals or ask questions about our services.

Member Eligibility

At Umassfive College, we believe that everyone deserves a place in our welcoming community. If you're looking to join us, the good news is that membership is open to anyone who lives, works, or attends school in our local area. Whether you're a student at a nearby university or a resident of our vibrant community, you can easily become part of our family. For more specific eligibility details, feel free to check out our comprehensive guide at http://www.umassfive.coop/our-community/membership-eligibility. Opening an account with us is straightforward and inviting. Simply visit our online application page at https://umassfive.loanspq.com/apply.aspx?lenderref=umassfive_live&list=xast to get started on your journey with Umassfive College. If you have any questions or need assistance during the process, don't hesitate to call us at (413) 545-3830. We're here to help you every step of the way as you take advantage of all the benefits that come with being a member!

Business Banking & Commercial Services

Merchant Services That Work

In addition to our loan offerings, we provide essential merchant services designed to help businesses thrive. Imagine being able to accept payments effortlessly from your customers, whether they're shopping online or at your brick-and-mortar location. Our merchant services ensure that you can focus on what matters most growing your business. Located at 1 Campus Center Way Amherst Ma 01003 in Amherst, MA, our team is ready to assist you with all your business banking needs. For inquiries, feel free to call us at (413) 545-3830. Together, let's build the future of your business!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $25 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $40 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $13,739,935, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing provide competitive rates and flexible terms that can help make your dream vehicle a reality. We guide you through every step of the process so you can focus on enjoying the ride.

Business Banking

If you're a business owner, our Business Banking services include merchant services and business loans tailored for growth. We provide the support needed to help your business thrive in today's competitive market.

Credit Cards with Rewards

Our Credit Cards with Rewards program offers benefits that match your spending habits. Whether it's earning points for travel or cashback on everyday purchases, you can enjoy rewards while building credit history.

Mortgage Loans & Refinancing

Homeownership is an important milestone for many of our members. Our Mortgage Loans & Refinancing services are designed to help you find the right loan for buying a home or refinancing your current mortgage. Our experienced team will work closely with you to find solutions that fit your budget and long-term plans.

Personal Banking

For those managing day-to-day finances, our Personal Banking options include checking and savings accounts designed to fit your lifestyle. Imagine having easy access to your funds through online and mobile banking, allowing you to check balances, transfer money, and pay bills from anywhere. With features like e-statements and mobile payments, managing your finances has never been easier.

Personal Loans & Debt Consolidation

Need extra cash for unexpected expenses? Consider our Personal Loans & Debt Consolidation options. We offer straightforward terms that can help consolidate existing debts into one manageable payment, giving you peace of mind and financial clarity.

Shared Branch Transactions

Additionally, if you're traveling or away from home, you can take advantage of Basic Shared Branch Transactions. This allows members of partner credit unions to make deposits and withdrawals conveniently at various locations. At Umassfive College, we're committed to providing personalized service with a focus on ease and convenience. You can reach us at (413) 545-3830 during our operating hours: Monday through Thursday from 9:00 am to 4:00 pm and Friday from 9:00 am to 4:30 pm. Ready to explore how we can assist you? Visit us at Umass Amherst Branch or check out our website for more information on opening an account or accessing our full range of services. Your financial journey starts here!

Digital & Online Banking

At Umassfive College, we understand that banking should be easy and secure. That's why we offer a variety of digital and online banking services designed to fit your busy lifestyle. Whether you're at home or on the go, you can manage your finances with confidence. With our 24/7 online banking services available at http://umassfive.coop/, you can access your accounts anytime, anywhere. Check balances, pay bills, and transfer funds with just a few clicks. Plus, if you prefer to handle things on your smartphone, our mobile application makes banking even simpler. We know security is important to you, which is why we provide features like electronic signature authorization for added peace of mind when signing documents online. You can also opt for e-statements, allowing you to receive your account statements electronically no more waiting for the mail! Need to send money quickly? Our person-to-person transfers let you send cash to friends and family instantly, making it easier than ever to share expenses or pay back a loan. And for those moments when you're out and about, take advantage of our mobile payments feature to make purchases right from your phone. At Umassfive College, we're committed to providing accessible banking solutions that are user-friendly and secure. We invite you to explore all our digital banking services today!

Financial Strength

At Umassfive College, 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 in today's world, having a reliable financial partner is essential for peace of mind. That's why we're proud to share the strengths that make us a trusted choice for our community. With a net worth of $62,693,860, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is further demonstrated by our net worth ratio of $890, which ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $167,107,398 in share certificates and $53,991,535 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $30,651,673, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to your financial success is backed by $60,734,393 in undivided earnings. This enables us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. We also support your dreams with $5,544 in used auto loans and $551,437,453 in total loans and leases showing our dedication to helping members achieve their financial goals across various sectors. Our operational efficiency shines through with a recorded net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 126 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $0. Total Share and Deposit Accounts: 87,254, showing 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, Umassfive College is your trusted partner. Visit us at 1 Campus Center Way Amherst Ma 01003 or call (413) 545-3830 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 $61,796,328 in used vehicle loans and $14,320,093 in new vehicle loans already helping members get on the road. We provide flexible terms to fit your budget, making it easier than ever to drive away in the vehicle you want.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $64,556,373, make buying or refinancing simple. We offer various programs tailored to meet different needs, whether you're a first-time buyer or looking to refinance an existing mortgage.

Other Financing Options

In addition to our primary offerings, we have commercial loan options totaling $13,739,935 for business owners looking to expand or invest in their operations. We also provide personal loans for debt consolidation or unexpected expenses, ensuring that you have access to funds when you need them most. If you're interested in refinancing any existing loans or exploring eligibility options for our products, feel free to reach out to us at (413) 545-3830 or visit us at our branch located at 1 Campus Center Way Amherst Ma 01003 in Amherst, MA. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Umassfive College, we are committed to supporting our members' financial journeys with affordable and accessible loan solutions.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $17,492,247 in loans helping members manage their finances effectively. Our credit cards come with competitive interest rates and rewards that can enhance your purchasing power while keeping your financial health in check.

Loan Aggregator

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