Vibe Credit Union Royal Oak MI | Low Mortgage Rates & Business Loans

Introduction

Welcome to Vibe, your trusted partner in personal and business banking, located at 501 S Main St, Royal Oak, MI 48067. Since our establishment in 1953, we have proudly served the community with a commitment to providing reliable financial services. With a total membership of 76,966 and assets exceeding $1.4 billion, Vibe has built a strong foundation rooted in trust and community support. At Vibe, we understand that every member has unique financial needs. Whether you're looking for checking and savings accounts, auto loans, mortgages, or personal loans, our dedicated team is here to help you navigate your financial journey. Under the leadership of our CEO, Chaz Rzewnicki, and Board President, Gaia Piir, we strive to create an inclusive environment where members feel valued and empowered. Our financial strength is reflected in our impressive figures: total deposits amounting to $253,961,422 and a net worth of $156,880,838 demonstrate our stability and commitment to safeguarding your finances. Additionally, we have maintained a cash reserve of $5,699,833, ensuring that we can meet your needs promptly. While members can visit us at our branch location for personalized service during operating hours from Monday through Friday (10 AM - 6 PM) and Saturday (10 AM - 2 PM), official correspondence should be directed to the same address. Our team is always ready to assist you with any questions or concerns you may have feel free to reach us at (248) 735-9500. Join us at Vibe today and experience the difference of being part of a credit union that truly cares about its members! For more information about our services or to explore how we can help you achieve your financial goals, visit our website at www.vibecu.com.

Branch History & Mission

Welcome to the inspiring journey of Vibe, a credit union that has been a vital part of the Royal Oak community since its establishment in 1953. Over the decades, we have grown from a small financial institution into a trusted partner for over 76,000 members. Located at 501 S Main St, Royal Oak, MI 48067, our branch is easily accessible and stands as a testament to our commitment to serving the community. Vibe's mission is simple yet profound: to empower our members with essential financial services while fostering a supportive and thriving community. We believe that banking should be personal, straightforward, and beneficial for everyone involved. Whether you're looking for checking and savings accounts, auto loans, or business banking solutions, our team is here to help you navigate your financial journey with confidence. Since opening our doors, we have achieved significant milestones, including amassing total assets of over $1.4 billion. This growth reflects not only our financial strength but also our dedication to providing high-quality services tailored to meet our members' needs. Our headquarters in Novi, MI continues to support our local branches like ours in Royal Oak, reinforcing our mission of community-centric banking. At Vibe, we recognize that the world is changing rapidly. That's why we embrace digital advancements such as online banking and mobile applications that allow you to manage your finances conveniently. We also prioritize accessibility by ensuring ADA compliance in all our facilities. Our commitment extends beyond financial services; we actively engage in community outreach efforts and partnerships that make a real difference. From sponsoring local events to supporting charitable organizations, Vibe strives to uplift those around us. While members can visit us at 501 S Main St for all their banking needs, official correspondence should be sent to the same address for consistency. We invite you to contact us at 248-735-9500 or explore more about what we offer by visiting our website. Join us at Vibe and experience firsthand how we can help you achieve your financial goals while being an integral part of a community-focused credit union. Your journey toward better banking starts here!

Branch Location & Accessibility

Accessibility Features

Our location is designed with accessibility in mind. We offer ample parking right outside the entrance, making it easy for everyone to visit us. The branch is ADA compliant, featuring ramps and other accessibility features that ensure all members can navigate our space comfortably.

Operating Hours

We know that life gets busy! That's why we're here to serve you during convenient hours. Visit us Monday through Friday from 10 AM to 6 PM, or drop by on Saturday from 10 AM to 2 PM. Whether you're looking to open an account or discuss loans, our team is ready to assist you during these hours.

Services Offered

At Vibe's Royal Oak Branch, we provide a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Plus, enjoy the ease of online and mobile banking alongside ATM services for quick cash withdrawals and balance checks. Unfortunately, we currently do not have a drive-thru service or shared service center available. If you need assistance or have questions about our offerings, don't hesitate to give us a call at 248-735-9500. We're here for you!

Visit Us Today!

We invite you to stop by our Royal Oak Branch and experience firsthand what sets Vibe apart. Our friendly staff is eager to help you with all your banking needs while ensuring a pleasant visit every time. Come see us soon!

Member Eligibility

At Vibe, we believe that everyone deserves a chance to be part of a supportive community focused on your financial well-being. Joining us as a member is easy and welcoming! If you're a resident of our local area, work in the community, or have family members already with us, you're likely eligible to become a member. We pride ourselves on being inclusive and accessible to anyone who shares our values. To learn more about the specific eligibility criteria, feel free to check out this resource: . Once you're ready to take the next step, opening an account is straightforward! You can visit us at our branch located at 501 S Main St Royal Oak Mi 48067, or simply give us a call at (248) 735-9500 for more information. Our friendly team is here to help you navigate the process and ensure you feel right at home with Vibe. Join us today and discover the many benefits of membership!

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $96 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $168 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $47,945,213, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work

Imagine running your business without worrying about payment processing. Our merchant services simplify transactions, allowing you to focus on what matters most serving your customers. From point-of-sale solutions to online payment options, we provide the tools needed to enhance customer experience and streamline operations. Located at 501 S Main St Royal Oak Mi 48067 in Royal Oak, MI, our team is here to guide you through every step of the process. Contact us at (248) 735-9500 today and discover how Vibe can help elevate your business!

Comprehensive List Of Services

Business Banking Solutions

For entrepreneurs and small business owners, Vibe offers essential Business Banking services including Merchant Services & Business Loans. We know how vital it is for businesses to have reliable financial support; that's why we're committed to helping local businesses thrive by providing tailored financial products designed specifically for their needs.

Digital Banking Convenience

We understand that convenience matters in today's fast-paced world. That's why we provide robust Online & Mobile Banking solutions that allow you to manage your finances anytime, anywhere. With features like person-to-person payments and easy access to account information, handling your money has never been easier. You'll also appreciate our ATM services which include basic access for withdrawals and balance checks ideal for those who prefer quick transactions without stepping inside the branch.

Get In Touch

At Vibe, we're here for you! If you're ready to explore these fantastic financial services or have questions about what we offer, don't hesitate to reach out at 248-735-9500. Our friendly team is eager to help you achieve your financial goals! Come visit us at our Royal Oak location and discover how we can assist you today!

Personal Banking Services

When it comes to personal banking, we have you covered with our Checking & Savings Accounts that help you manage your everyday finances effortlessly. Imagine being able to easily set aside funds for your dreams or daily expenses, all while enjoying competitive interest rates. For those in need of a vehicle, our Auto Loans & Vehicle Financing options make it simple to drive away in your dream car without breaking the bank. We understand that buying a car can be stressful, so we offer flexible terms and competitive rates to ease your mind. If homeownership is in your sights, look no further than our Mortgage Loans & Refinancing services. Our experienced staff will guide you through the process, ensuring you find the right mortgage plan that fits your budget and goals. Sometimes life throws unexpected challenges your way. That's where our Personal Loans & Debt Consolidation come into play. Whether you're dealing with medical bills or planning a big purchase, we provide personalized loan solutions that can help lighten the load. And let's not forget about rewards! With our Credit Cards with Rewards, you can earn points on everyday purchases that can be redeemed for travel, cash back, and more making each swipe work for you.

Digital & Online Banking

Easy Money Management

Need to send money to a friend? Our person-to-person transfer feature makes it simple and quick. Just a few taps on our mobile app, which is available for download now, and you're set! We also make it easy to manage payments directly from your smartphone though mobile payments are not currently offered at Vibe, rest assured that our app covers all other essential banking needs.

Safe and Secure Transactions

We prioritize your security. Our electronic signature authorization feature allows you to sign documents safely online, eliminating the need for paper forms. Plus, with options like e-statements available, you can keep track of your finances without the clutter of paperwork. You can feel confident knowing that your information is protected.

Stay Connected

With the combination of user-friendly features and robust security measures, we ensure that banking with us fits seamlessly into your lifestyle. So whether you're managing daily expenses or planning for future goals, Vibe offers everything you need right at your fingertips. Experience the convenience of modern banking today!

Your Banking, Anytime

With our 24/7 online banking services available at http://www.vibecu.com , you can check your account balances, pay bills, and transfer money whenever it suits you. Whether you're at home or on the go, our platform provides real-time access to your accounts, ensuring you're always in control of your finances.

Financial Strength

At Vibe, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With our commitment to transparency and trust, we want to reassure you of our robust financial health. With a net worth of $156,880,838, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,166 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 $276,430,162 in share certificates and $116,861,696 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 $83,031,450 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 with $11,162 in used auto loans and $876,605,273 in total loans and leases. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 224 full-time employees and 16 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share and Deposit Accounts: 174,390, 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, Vibe is your trusted partner. Visit us at 501 S Main St Royal Oak Mi 48067 or call (248) 735-9500 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 $176,655,770 in used vehicle loans and $66,686,254 in new vehicle loans already helping members get on the road. We aim to simplify your car buying experience by offering competitive terms and flexible repayment options.

Commercial Loans

For business owners, our outstanding commercial loans totaling $47,945,213 provide the capital needed to grow and expand. We understand that businesses require tailored financial solutions, and our team is prepared to assist you every step of the way. We also have refinancing options available for many of our loan products, making it easier than ever to adjust your payments or terms as needed. If you're interested in exploring eligibility or how these products can work for you, please don't hesitate to reach out. For more information or to discuss your specific needs, visit us at 501 S Main St Royal Oak Mi 48067, call us at (248) 735-9500, or check out our website at http://www.vibecu.com . Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We look forward to helping you find the perfect loan solution!

Credit Lines and Unsecured Loans

For those who need extra flexibility, we offer credit lines with a total of $142,742,798 available. Additionally, we provide unsecured credit card loans totaling $30,039,899. These options allow members to manage their finances effectively without needing collateral.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $89,845,341, make buying or refinancing simple. Whether you're a first-time buyer or looking to refinance your existing mortgage, our dedicated team is here to guide you through the process.

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 the offers you see are not only accurate but also fair and transparent. Every lender featured on LendMesh has been vetted to meet strict criteria, so users can trust they are looking at legitimate options.

Benefits of Using LendMesh

- Verified Data: Loan offers come from legitimate financial institutions. This guarantees that users are seeing trustworthy information. - No Sponsored Listings: Unlike other comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results. - Real-Time Rate Comparisons: Users get up-to-date loan rates from multiple institutions, allowing them to quickly find the best deals available. 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!" Such testimonials highlight the positive impact of using this tool for making crucial financial decisions. 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.

Vibe