Winthrop Area Credit Union ME | Affordable Vehicle Loans & ATM Services

Introduction

Welcome to Winthrop Area, where community and financial empowerment meet! Located at 94 Highland Ave, Winthrop, ME 04364, our credit union has proudly served the local community since 1937. With a dedicated team of 15 employees, we prioritize personal service and a commitment to helping our members achieve their financial goals. At Winthrop Area, we believe in the power of community. With over 7,900 members counting on us, we manage assets totaling an impressive $93,279,967. Our robust financial health is reflected in our total deposits of $15,900,018 and net worth of $10,517,570. We offer a range of services including personal banking, auto loans, mortgages, and business banking solutions to cater to all your needs. While you can visit us at our branch location for your day-to-day banking needs, official correspondence should be sent to our mailing address: PO BOX 55, WINTHROP, ME 04364-0055. We are here for you during our convenient hours: Monday to Thursday from 7:30 AM to 5:00 PM and Friday until 7:00 PM. Our leadership team is committed to guiding Winthrop Area towards continued success. CEO Jeffrey Seguin and Board President Penny Pray work tirelessly to ensure that every member feels valued and supported. We invite you to explore how we can assist you in reaching your financial aspirations. Whether you're looking for loans or simply want advice on managing your finances better, don't hesitate to reach out! Call us at 207-377-2124 or visit our website at winthropcreditunion.org for more information. Your journey towards financial well-being starts here!

Branch History & Mission

Community Engagement

At Winthrop Area Credit Union, we believe in being more than just a financial institution; we are an integral part of the community fabric. We actively engage in outreach initiatives that support local causes and foster economic development. Whether it's sponsoring local events or providing financial education workshops, our goal is to uplift our community and empower individuals through informed financial choices.

Join Us

As we look toward the future, we invite you to become part of our journey. Experience firsthand how Winthrop Area Credit Union can help you achieve your financial goals while making a positive impact in our community. Together, let's build a brighter tomorrow! For more information about our services or to speak with one of our team members directly, please call us at 207-377-2124 or visit us online at WinthropCreditUnion.org. Join us today!

Mission Statement

Our mission goes beyond traditional banking. We strive to be a reliable partner for our members by offering innovative solutions tailored to their unique needs. By embracing technology such as online banking and mobile apps we make banking convenient without sacrificing personal touch. Accessibility is essential; that's why we're proud to provide ADA-compliant facilities alongside drive-thru services for added convenience. While you can visit us at 94 Highland Ave for all your banking needs, official correspondence should be sent to PO BOX 55, Winthrop, ME 04364-0055 if necessary.

Our Journey

From our humble beginnings in 1937, Winthrop Area Credit Union has grown significantly. Over the years, we've expanded our services and adapted to meet the evolving needs of our community. Today, we are proud to report total assets exceeding $93 million. This growth reflects not just numbers but the trust and support from our members who have chosen us as their financial partner. As a member-focused credit union, we prioritize service over profit. Our mission is simple yet powerful: to provide accessible financial services that enhance the lives of our members while giving back to the communities we serve. This commitment drives us to offer a range of products including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions.

Branch Location & Accessibility

Convenient Access and Features

At our branch, we prioritize your convenience. We offer ample parking right outside, making it easy for you to stop by whether you're visiting for a quick transaction or a longer consultation. For those with mobility needs, our facility is ADA compliant, featuring ramps and accessible entrances to ensure everyone can reach us without hassle. Our operating hours are designed with your busy schedule in mind. We're open Monday through Thursday from 7:30 AM to 5:00 PM and extend our hours on Friday until 7:00 PM. This way, you have plenty of opportunities to visit us at times that work best for you.

Services That Meet Your Needs

When you step into our branch, you'll discover a range of services tailored to meet your financial goals. From personal banking options like checking and savings accounts to various loan offerings including auto loans and mortgages, we strive to provide solutions that fit your lifestyle. We also have a drive-thru service for quick deposits and withdrawals, as well as ATM access if you're in need of cash on the go. While members can visit us at 94 Highland Ave Winthrop Me 04364, official correspondence should be sent to PO BOX 55, WINTHROP, ME 04364-0055. If you have any questions or need assistance, don't hesitate to give us a call at (207) 377-2124. We invite you to come by and see how we can assist you with your financial needs. Visit us today and experience the friendly service that sets Winthrop Area apart!

Member Eligibility

Joining the Winthrop Area is like becoming part of a caring family where your financial well-being matters. To become a member, you'll need to meet some simple eligibility criteria. Typically, anyone who lives, works, or worships in the local community can apply. This means that if you're in the area and looking for a supportive place to manage your finances, you're likely already eligible! Becoming a member at Winthrop Area not only opens the door to great banking options but also connects you with a community that values you as an individual. For more detailed information on eligibility requirements, feel free to check out our website at . Getting started is easy! You can open an account online by visiting https://www.loanliner.com/loanrequest/clppresenter/gettingstarted.aspx?cuid=01800034&loanformid=0781300309282121152&channelid=2834155600223140251&locationid=2834155600223140251&isframed=f , or if you prefer, give us a call at (207) 377-2124 for assistance. We're here to help guide you through every step of the process so you can enjoy all the benefits of being part of our community at Winthrop Area, located conveniently at 94 Highland Ave Winthrop Me 04364.

Business Banking & Commercial Services

Financing Options Tailored for You

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently don't have member or non-member commercial loans on the books, we are eager to explore how we can help you secure the right financing when needed. Imagine having access to funds that allow you to expand your operations, hire new staff, or invest in innovative technologies. That's what our commercial loans can offer you flexible financing solutions designed with your business needs in mind.

Merchant Services That Make Transactions Easy

In addition to loan options, we provide merchant services that simplify payment processing for your business. Picture this: a customer makes a purchase at your store, and with just a swipe or tap, the transaction is complete. Our merchant services ensure that accepting payments is hassle-free, allowing you to focus on what you do best running your business. Located conveniently at 94 Highland Ave Winthrop Me 04364 in Winthrop, ME, our team is here to partner with you on your journey towards success. Let's work together to build a bright future for your business!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM & cash withdrawal services ensure easy access to your money whenever you need it. Additionally, our basic drive-thru banking allows for quick transactions like deposits and withdrawals without leaving your vehicle perfect for busy days! At Winthrop Area, we pride ourselves on being more than just a financial institution; we're a community partner dedicated to helping our members succeed financially. If you'd like to learn more about how we can assist you or if you're ready to get started with any of our services, please don't hesitate to reach out! Give us a call at (207) 377-2124 or visit us online at Main Office. We look forward to serving you!

Business Banking

Running a business comes with its own set of challenges. At Winthrop Area, we offer specialized services like merchant services and business loans to help entrepreneurs thrive. Our goal is to support local businesses by providing the financial tools necessary for growth and success.

Credit Cards

Take advantage of our credit cards with rewards program! You can earn points on everyday purchases, giving you more value from your spending. Imagine earning rewards just for using your card for groceries or gas!

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking services that allow you to manage your accounts anytime, anywhere. Whether you're checking balances, transferring funds, or paying bills, everything is just a few clicks away.

Home Financing Solutions

For those considering homeownership or refinancing an existing mortgage, our mortgage loans and refinancing options provide the support you need. Our knowledgeable team can guide you through the process, helping you secure favorable terms that align with your long-term goals.

Personal Banking Services

We understand that managing finances can sometimes feel overwhelming. That's why our personal banking options include checking and savings accounts that cater to your day-to-day needs. These accounts come with features designed for convenience, so you can easily keep track of your finances. For those looking to make significant purchases or consolidate debt, our personal loans and debt consolidation options offer flexible terms and competitive rates.

Vehicle Financing

If you're dreaming of a new car, our auto loans and vehicle financing services make it easier than ever to hit the road. We offer tailored loan solutions that fit your budget, whether you're buying new or used. Imagine driving off in your dream car while knowing you made a smart financial choice.

Digital & Online Banking

Key Services

With our online banking, you can view your account balances, transfer funds, and pay bills with just a few clicks. Plus, for those who prefer a mobile experience, our user-friendly mobile application allows you to manage your accounts right from your smartphone. You can even send money quickly and easily through person-to-person transfers. No more waiting in lines or rushing to the bank; all these features are right at your fingertips.

Security and Convenience

We prioritize your security with robust measures in place to protect your information. While we currently do not offer electronic signature authorization, you can still trust that your data is safe with us. Additionally, our e-statements feature makes it simple to keep track of your transactions without the clutter of paper statements. You can also enjoy the convenience of mobile payments though this service isn't available at the moment, we're always looking for ways to enhance your banking experience. With online banking available around the clock, you'll never be left wondering about your account status or missing an important payment again. At Winthrop Area, we strive to provide easy access and real-time management of your finances so that you can focus on what truly matters achieving your financial goals. Join us today and discover how our digital banking solutions can benefit you!

Financial Strength

A Growing Membership Base

Our dedication is mirrored in the trust of our growing membership base with a total of 13,211 share accounts. This reflects the strong relationship we build with our community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Winthrop Area is your trusted partner. Visit us at 94 Highland Ave Winthrop Me 04364 or call (207) 377-2124 to learn more about how we can help you achieve your financial goals.

Efficient Operations

Our operational efficiency is highlighted by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 14 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Member Savings Secured

Members' savings are secured through $20,733,328 in share certificates and $25,610,232 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. This is reflected in our focus on member benefits, with non-member deposits at $0 ensuring that our resources are dedicated to supporting you with better loan rates, lower fees, and exclusive perks.

Reinvestment for Growth

With $9,314,970 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 as we provide $1,446 in used auto loans and $54,409,721 in total loans and leases. This capacity supports our members' financial goals across various sectors.

Strong Financial Health

With a net worth of $10,517,570, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,128 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $26,092,869 in used vehicle loans and $6,922,558 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new vehicle or a reliable used one, we have options that can fit your budget.

Credit Lines

For added flexibility, our credit lines totaling $2,000,000 are available for members who need quick access to funds without applying for multiple loans. This service allows you to borrow as needed while only paying interest on what you use. If you're considering refinancing any existing loans, we have options available that could lower your monthly payments and save you money over time. Eligibility is straightforward our team is here to guide you through the process. For more details about our loan offerings or to explore eligibility options, don't hesitate to reach out. You can visit us at our branch located at 94 Highland Ave Winthrop Me 04364, give us a call at (207) 377-2124, or check out our website at https://winthropcreditunion.org/ . 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 towards your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,813,753, make buying or refinancing simple. We aim to provide competitive rates and flexible terms to help you secure the home of your dreams.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $403,721 in loans helping members manage their finances effectively. This can be an excellent option for those looking to consolidate debt or make purchases without tying up cash flow.

Loan Aggregator

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Ensuring 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 rigorous sourcing ensures that users receive fair and transparent offers without the confusion often associated with loan shopping.

WINTHROP AREA FEDERAL CREDIT UNION - Winthrop, ME