Wesla Credit Union Shreveport LA | Best Auto Loans & Business Banking

Introduction

Welcome to Wesla at the Auto Mall Branch, where your financial needs meet a community-focused approach! Located at 8650 Fern Ave, Shreveport, LA 71105, we have been serving our members since 1971 with a commitment to trust and reliability. With over 6,554 members and total assets of $93,949,476, we pride ourselves on providing personalized banking solutions that empower you to achieve your financial goals. At Wesla, our dedicated team of 22 employees, led by CEO Teresa Morrow and Board President Barbara Flora, is here to ensure that every interaction you have with us is smooth and beneficial. Whether you're looking for auto loans, mortgage refinancing, or personal banking services, our extensive offerings are designed with you in mind. We currently manage a robust portfolio of 2,289 loans and leases, demonstrating our commitment to supporting our members' aspirations. While you can visit us at our branch for all your banking needs, any official correspondence should be directed to the same address: 8650 Fern Ave, Shreveport, LA 71105. Our doors are open Monday through Friday from 9:00 am to 5:00 pm, and we also welcome you on Saturdays from 9:00 am to 1:00 pm for drive-thru services. With total deposits reaching $1,467,915 and a net worth of $13,012,441, Wesla is financially strong and ready to assist you in all aspects of your financial journey. We're not just about numbers; we're about building lasting relationships within our community. Explore more about how we can help you thrive by visiting our website at Wesla.org or give us a call at 318-671-6210 today! Let's take the next step together towards achieving your financial dreams!

Branch History & Mission

Join Us

As Wesla continues to grow and adapt in this ever-changing world, we invite you to be part of our story. Experience the benefits of membership today whether you're looking for reliable banking options or ways to engage with your community. Visit us online at Wesla.org or call us at 318-671-6210 for more information on how you can join us on this exciting journey toward financial wellness!

Our Evolution

From modest beginnings, Wesla has continually adapted to meet the changing needs of our community. Our commitment to innovation has led us to embrace digital banking solutions while ensuring that we remain grounded in personal service. We offer a range of financial products including checking accounts, auto loans, mortgage options, and credit cards all designed with our members' best interests in mind. As we expanded our services, we also prioritized convenience and accessibility. Our branch features a drive-thru for quick transactions and ATMs available for members' ease. With lobby hours from Monday to Friday 9 AM - 5 PM and Saturday drive-thru hours from 9 AM - 1 PM, we're here when you need us most.

Our Mission

Wesla is not just about banking; it's about building a better community. Our mission is simple: to empower our members through financial education and personalized service while giving back to the communities we serve. We believe that financial success should be within everyone's reach, which is why we are dedicated to providing resources that help individuals make informed decisions. In addition to our financial offerings, we actively engage in community outreach programs aimed at fostering economic growth and support for local initiatives. Through partnerships with schools and organizations in Shreveport, we strive to uplift those around us. While members can visit us at 8650 Fern Ave, official correspondence should be sent to the same address as our mailing address: 8650 Fern Ave, Shreveport, LA 71105.

Branch Location & Accessibility

Banking Made Easy

At Wesla, we offer a variety of services tailored to meet your needs be it personal banking options like checking and savings accounts or loans for your next vehicle purchase. Our drive-thru service provides a convenient way to handle basic transactions without leaving your car, while our ATM is always available for quick cash withdrawals or balance checks. While members can visit us at our physical location on Fern Ave, official correspondence should be sent to the same address: 8650 Fern Ave, Shreveport, LA 71105. If you have any questions or need assistance, don't hesitate to give us a call at 318-671-6210. We're excited to serve you and help you achieve your financial goals! Come visit us today!

Convenient Access

At Wesla, we prioritize accessibility for all our members. Our branch is ADA compliant, featuring ramps and wide entryways to ensure everyone can easily visit us. Plus, we have ample parking available right outside, so you can quickly pop in or out without any hassle.

Operating Hours & Services

We understand that life gets busy. That's why our lobby hours are designed with your schedule in mind. We're open Monday through Friday from 9:00 AM to 5:00 PM, and on Saturdays, our drive-thru service operates from 9:00 AM to 1:00 PM. Whether you need to make a quick deposit or discuss loan options with one of our friendly staff members, we're here for you.

Member Eligibility

At Wesla, we believe that everyone deserves a place where they can thrive financially and feel supported. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in Caddo Parish, you're likely eligible to join our community. We invite individuals who share our values of cooperation and growth to take this step with us. Once you're a member, you'll enjoy benefits like personalized service and competitive rates on loans and savings accounts. To get started, just visit us at 8650 Fern Ave Shreveport La 71105 or give us a call at (318) 671-6210 for any questions. You can also check out the detailed eligibility criteria on our website at http://www.wesla.org/become-a-member . When you're ready to open your account, simply follow the easy steps outlined here: https://online.wesla.org/auth/enrollment?culturename=en . We can't wait to welcome you into the Wesla family!

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 being able to accept payments anytime, anywhere. Our merchant services make this possible, allowing you to focus on what you do best running your business. From payment processing solutions that fit your needs to tools that help manage transactions efficiently, we're here to support your daily operations. Visit us at 8650 Fern Ave Shreveport La 71105 in Shreveport, LA or call us at (318) 671-6210 to learn how our business banking and commercial services can help your enterprise grow!

Comprehensive List Of Services

Accessibility at Your Fingertips

For those who prefer in-person service, our branch provides basic drive-thru banking for deposits, withdrawals, and simple transactions. Our friendly staff is ready to assist you during lobby hours from Monday through Friday or even on Saturday mornings. If you're interested in exploring all these services further or have questions about how we can assist you better, don't hesitate to reach out! Call us at (318) 671-6210, visit us online at https://www.wesla.org , or stop by our branch at 8650 Fern Ave Shreveport La 71105. At Wesla, we are here for you because when it comes to your finances, you deserve nothing less than exceptional service!

Business Banking Solutions

For local businesses, Wesla offers tailored business banking solutions. From merchant services that help streamline your payment processes to business loans that can fuel your growth, we're dedicated to supporting our community's entrepreneurs.

Credit Cards and Rewards

Don't forget about our credit cards that come with rewards! Imagine earning points while making everyday purchases it's an opportunity to treat yourself just for being a responsible spender.

Digital Banking Convenience

In today's fast-paced world, we understand the importance of digital banking features. With online and mobile banking options available, managing your finances has never been easier. You can check balances, transfer funds, or pay bills anytime from anywhere all from the palm of your hand. Plus, our ATM services allow for quick cash withdrawals whenever you need them.

Personal Banking Services

When it comes to personal banking, Wesla offers a variety of options designed for your convenience. Our checking and savings accounts are easy to set up and manage, allowing you to focus on what matters most your life. For those looking to finance their dream car, our auto loans and vehicle financing options are not only competitive but also flexible, ensuring that you can drive away with ease. Homeownership is within reach with our mortgage loans and refinancing services. We understand that buying a home is one of the biggest decisions you'll make, and our team is here to guide you through every step of the process. Additionally, if you find yourself needing extra cash for unexpected expenses or consolidating debt, our personal loans can help relieve financial stress.

Digital & Online Banking

Key Services

With our 24/7 online banking services, you can check balances, transfer funds, and pay bills at your convenience. No more waiting in line or rushing to the bank before closing time! Our user-friendly interface makes navigating your accounts a breeze. We also provide E-Statements, which means you can receive your account statements electronically. This not only helps you go green but also allows for quicker access to your financial information without the clutter of paper. If you're on the go, our mobile application is here for you! Available for download, it gives you full control over your finances right from your smartphone. You can even make mobile payments with just a few taps perfect for those moments when you need to send money quickly or pay for something instantly. Need to send money to friends or family? Our person-to-person transfers feature allows you to easily send funds directly from your account to theirs without any hassle.

Security You Can Trust

At Wesla, we prioritize your security. While we do not currently offer electronic signature authorization, our systems are designed with top-notch security measures in place to protect your personal information and transactions. Join the growing number of members who enjoy the flexibility and peace of mind that comes with digital banking at Wesla. With us, managing your finances has never been easier or safer!

Financial Strength

A Solid Foundation

With a net worth of $13,012,441, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.85% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Member Savings Secured

Members' savings are secured through $390,215 in share certificates and $15,922,829 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.

Operational Efficiency

Our operational efficiency is reflected in our net income of $398,311, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 16 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $12,156,786 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 members' financial goals across various sectors with $46,000 in used auto loans and a total of $35,111,417 in loans and leases.

Strong Member Trust

Total Share Accounts stand at 11,461, showing a strong and growing member base that trusts us with their finances. Our Net Shares (funds available for lending and investments) total $158,105, indicating our ability to support your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Wesla is your trusted partner. Visit us at 8650 Fern Ave Shreveport La 71105 or call 318-671-6210 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 $11,325,052 in used vehicle loans and $9,278,265 in new vehicle loans already helping members get on the road. Whether you're purchasing a new or used vehicle, our flexible terms make it easy for you to drive away with confidence.

Credit Lines

For those looking for additional financial support, our credit lines totaling $4,000,000 offer a convenient way to access funds when needed. It's an excellent safety net for unexpected expenses or planned purchases. If you're interested in refinancing or learning about eligibility options, we encourage you to reach out. Our team is available at (318) 671-6210 during regular business hours, and we're here to answer any questions you may have. At Wesla, we pride ourselves on providing personalized service and competitive loan products designed with your best interests in mind. 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 navigate your financial journey today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $0, make buying or refinancing simple. We are committed to helping you find the right mortgage solution tailored to your needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,328,453 in loans helping members manage their finances effectively. This option allows you to make purchases without tying them to collateral, giving you more freedom and flexibility.

Loan Aggregator

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WESLA FEDERAL CREDIT UNION - Shreveport, LA