Motion Federal Credit Union: A Comprehensive Guide
Motion Federal Credit Union is a financial institution serving the needs of members in the greater Los Angeles area. They offer a wide range of financial products and services, including checking and savings accounts, loans, credit cards, and investment options. Motion Federal Credit Union is known for its commitment to providing excellent customer service and competitive rates.
History and Overview
Motion Federal Credit Union was founded in 1954 to serve the employees of the Motion Picture Industry. Over the years, the credit union has expanded its membership to include anyone who lives, works, or worships in Los Angeles County. Today, Motion Federal Credit Union has over 100,000 members and is one of the largest credit unions in Southern California.
Motion Federal Credit Union is a not-for-profit financial institution, which means that its profits are returned to its members in the form of lower rates and fees. The credit union is also committed to giving back to the community through various charitable programs and initiatives.
Membership Eligibility
To become a member of Motion Federal Credit Union, you must meet one of the following criteria:
- Live, work, or worship in Los Angeles County
- Be a member of a select group of organizations, such as the Screen Actors Guild or the American Federation of Musicians
- Be a family member of an existing member
Membership in Motion Federal Credit Union is open to anyone who meets the eligibility criteria. The credit union does not discriminate based on race, religion, ethnicity, sexual orientation, or gender identity.
Products and Services
Motion Federal Credit Union offers a comprehensive suite of financial products and services, including:
Checking and Savings Accounts
- Free Checking Accounts: Motion Federal Credit Union offers a variety of free checking accounts, including basic checking, interest-bearing checking, and checking accounts with rewards programs.
- Savings Accounts: Motion Federal Credit Union offers traditional savings accounts, money market accounts, and certificates of deposit (CDs) with competitive interest rates.
Loans
- Auto Loans: Motion Federal Credit Union offers auto loans with competitive rates and flexible terms. They also offer loans for new and used vehicles.
- Home Loans: Motion Federal Credit Union offers a variety of home loans, including conventional mortgages, FHA loans, VA loans, and USDA loans.
- Personal Loans: Motion Federal Credit Union offers personal loans for a variety of purposes, such as debt consolidation, home improvement, or medical expenses.
- Business Loans: Motion Federal Credit Union offers business loans to help small businesses grow and thrive.
Credit Cards
- Visa Credit Cards: Motion Federal Credit Union offers a variety of Visa credit cards, including cash back rewards cards, travel rewards cards, and low-interest cards.
Investment Services
- Investment Accounts: Motion Federal Credit Union offers investment accounts through a partnership with a third-party investment advisor.
- Retirement Planning: Motion Federal Credit Union offers retirement planning services to help members prepare for their financial future.
Other Services
- Bill Pay: Motion Federal Credit Union offers online bill pay, allowing members to pay their bills quickly and easily.
- Mobile Banking: Motion Federal Credit Union offers a mobile banking app, allowing members to access their accounts and manage their finances from their smartphones or tablets.
- ATM Access: Motion Federal Credit Union members have access to a network of ATMs across the country.
- Financial Education: Motion Federal Credit Union offers a variety of financial education programs and workshops to help members learn about personal finance and budgeting.
Benefits of Membership
There are many benefits to becoming a member of Motion Federal Credit Union. Some of the key benefits include:
- Competitive Rates: Motion Federal Credit Union offers competitive rates on loans, savings accounts, and credit cards.
- Low Fees: Motion Federal Credit Union has low fees for its products and services.
- Excellent Customer Service: Motion Federal Credit Union is known for its excellent customer service. Members can access personalized support through phone, email, or online chat.
- Financial Education: Motion Federal Credit Union offers a variety of financial education programs and workshops to help members make informed financial decisions.
- Community Involvement: Motion Federal Credit Union is committed to giving back to the community through various charitable programs and initiatives.
Contact Information
If you are interested in learning more about Motion Federal Credit Union, you can visit their website or contact them by phone or email.
- Website: [Website URL]
- Phone Number: [Phone Number]
- Email Address: [Email Address]
Conclusion
Motion Federal Credit Union is a trusted financial institution that provides a wide range of products and services to its members in the Los Angeles area. Whether you are looking for a checking account, a loan, a credit card, or investment advice, Motion Federal Credit Union can meet your needs. Their commitment to excellent customer service, competitive rates, and community involvement makes them a strong choice for anyone looking for a financial institution they can trust.
