Business Details
Your Trusted Credit Union in Avon Lake, OH
Avon Lake Catholic Credit Union was established to provide quality financial services to members who share our common bond. Our mission is to serve the financial health of member parishes so their spiritual needs are not hindered by financial burdens. As a member-owned institution, we prioritize the financial well-being of our members through competitive rates, no-fee checking accounts, and a range of savings and loan products.We are committed to maintaining long-term financial stability while safeguarding member assets. Our team focuses on delivering personalized service and fostering a working environment where employees and volunteers strive for excellence in serving members. Backed by NCUA federal insurance, we ensure savings are protected up to $250,000.
Services
Checking Accounts
Savings Accounts
Auto Loans
Home Equity Loans
Share Certificates
Student Loans
Christmas Club Accounts
Online Banking
Debit Cards
Loan Applications
Highlights and features
- We are a member-owned credit union prioritizing your financial success.
- NCUA federal insurance protects savings up to $250,000.
- Free checking with no hidden fees or minimum balance requirements.
- Competitive rates on auto, home equity, and student loans.
- Evening hours available for convenient banking after work hours.
Associations and certifications
- NCUA
Services
Free Checking
Our free checking accounts offer no hidden fees, no minimum balance requirements, and include features like direct deposit, MasterCard debit cards, and overdraft protection. Members enjoy first 20 checks free and access to free ATM withdrawals. Detailed monthly statements ensure transparency in your financial management.
Share Certificates
Earn higher interest with terms from 12 to 48 months. Special promotions occasionally offer unique term lengths. Minimum $1,000 deposit required. Early withdrawal penalties apply, but these accounts provide guaranteed returns for long-term savings goals with competitive annual percentage yields.
Auto Loans
Secure low-rate financing for new or used cars starting at 5.74% APR. Boat and RV loans available from 7.49% APR. Flexible terms and member-focused approval processes make vehicle ownership accessible while maintaining financial responsibility for our borrowers.
Home Equity Loans
Access your home's equity with rates starting at 6.99% APR. These loans provide funds for major expenses like home improvements or debt consolidation. Competitive terms and personalized service ensure alignment with your long-term financial strategy.
Student Loans
Partner with Sallie Mae for private student loans with responsible borrowing guidance. We encourage exploring grants and federal loans first, offering counseling to ensure manageable repayment plans based on future earning potential and educational investments.
Questions
How do I become a member?
Open a $25 share savings account to join. Membership extends to your family, granting access to all services.
What loan types are available?
We offer auto, boat/RV, home equity, signature, and student loans with competitive rates.
Are my savings insured?
Yes, NCUA insures savings up to $250,000 through federal government backing.
Do you offer online banking?
Yes, secure online banking is available for account management and transactions.
What are your current CD rates?
12-month CDs earn 3.5% APY; 24-48 month terms earn 2.5% APY.
When are you open for in-person service?
Monday, Tuesday, and Thursday 4-8 PM; Friday 3:30-6:30 PM. Closed Wed/Sat/Sun.
