1st Gateway Credit Union Morrison IL | Affordable Vehicle Loans & ATM Services

Introduction

Welcome to 1st Gateway, your trusted financial partner located at 200 N Base St, Morrison, IL 61270. Since our establishment in 1953, we have been committed to serving our community with exceptional banking services tailored to meet your needs. With a strong membership base of 10,597 members, we take pride in fostering relationships built on trust and reliability. At 1st Gateway, we believe that every member deserves personalized attention and support. That's why we provide a range of services including personal banking, auto loans, mortgage financing, and business banking solutions. Our total assets stand at an impressive $158,926,749, demonstrating our solid financial foundation. We also manage over $24,330,586 in deposits and maintain a robust net worth of $22,942,409, ensuring your funds are safe and secure. Our dedicated team of 47 employees, led by CEO Pat Drennen and Board President Kerry Kennedy, is here to assist you every step of the way. Whether you're looking for advice on loans or need help with online banking, we're just a phone call away at 815-772-2200. While members can visit us at our Morrison branch for all their banking needs, official correspondence should be sent to the same address for your convenience. As a community-focused credit union, we strive to give back through various initiatives that support local growth and development. Explore what makes 1st Gateway unique by visiting our website at 1stgateway.org. Join us today and experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

Join Us

As we look towards the future with optimism and determination, we encourage you to become part of the 1st Gateway family. Experience firsthand how we blend financial services with community focus. Visit us during our operating hours Monday through Friday from 8 AM to 5 PM and Saturday from 8 AM to 12 PM or give us a call at 815-772-2200. Together, let's build a prosperous future! For more information about joining or services available at 1st Gateway, please explore our website at 1st Gateway.

Our Journey

From the start, our mission has been clear: to provide accessible and affordable financial services while supporting the needs of our members. Over the years, we have expanded our offerings to include personal banking, auto loans, mortgages, and business services. With total assets reaching an impressive $158,926,749, we've established a solid foundation to serve our members effectively. As we grew, we embraced technological advancements to enhance member experience. Today, our digital services include online banking and mobile payments that allow members to manage their finances anytime and anywhere. We also ensure accessibility for everyone by adhering to ADA compliance standards.

Our Mission

At the core of 1st Gateway's mission is a commitment not just to finance but also to community well-being. We strive to empower our members through financial education and support initiatives that make a real difference in their lives. Whether it's through offering low-interest loans or participating in local outreach programs, our goal is to uplift those around us. While members can visit us at 200 N Base St, official correspondence should be sent to 200 N Base St, Morrison, IL 61270-2447 if necessary. We invite everyone to take advantage of our drive-thru banking and ATM services for added convenience.

Branch Location & Accessibility

Welcome to 1st Gateway in Morrison, Illinois! Our branch is conveniently located at 200 N Base St, making it easy for you to stop by and take care of your banking needs. Whether you're heading home from work or visiting local attractions, we're right on your way. Just a short drive from Morrison's downtown area, you'll find us near the scenic Hometown Park, a great spot to relax before or after your visit. At our branch, we prioritize accessibility for all our members. We have ample parking available, along with features that ensure everyone can access our services comfortably. You can expect ADA-compliant facilities and ramps designed for easy navigation. Our friendly team is here to serve you during our convenient operating hours: Monday through Friday from 8 AM to 5 PM and Saturday from 8 AM to 12 PM. Whether you need assistance with personal banking, auto loans, or mortgage refinancing, we're ready to help. For added convenience, we offer ATM access and a drive-thru service for quick transactions like deposits and withdrawals. If you prefer to bank from home, our online and mobile banking options make managing your finances easier than ever. If you have any questions or need assistance, don't hesitate to reach out! You can call us at 815-772-2200. We look forward to welcoming you at 1st Gateway and helping you with all your financial needs!

Member Eligibility

At 1st Gateway, we believe that becoming a member is like joining a close-knit family where your financial well-being is our priority. If you're looking to be part of a supportive community, membership is easy! You can become a member if you live, work, or worship in the Morrison area or have an immediate family member who is already a member. It's that simple! Being part of 1st Gateway means access to a range of benefits including competitive rates on loans and savings, personalized service, and various banking options tailored just for you. To get started on your journey with us, simply visit our eligibility page for more details and see how we can welcome you into our community. If you're ready to open an account, check out the account opening process online or give us a call at (815) 772-2200. We're excited to help you take this important step toward better banking!

Business Banking & Commercial Services

Merchant Services for Everyday Needs

In addition to loans, we offer essential merchant services that simplify transactions for your customers. Whether you need point-of-sale systems or online payment solutions, we have you covered. These tools not only streamline operations but also enhance the shopping experience for your clients. Visit us at 200 N Base St Morrison Il 61270 in Morrison, IL or call us at (815) 772-2200 to learn more about how we can support your business goals today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $48 in non-member commercial loans, providing flexible financing solutions. Imagine you're a local retailer who needs funds to restock inventory before the busy season. With our quick and accessible loan options, you can meet customer demand without sacrificing cash flow. Our loans are designed to help businesses like yours thrive.

Comprehensive List Of Services

ATMs and Drive-Thru Services

For those times when you need cash quickly, our ATM services provide basic access for withdrawals and balance checks right in town. We also offer basic drive-thru banking for deposits, withdrawals, and simple transactions making it easy to manage your finances without leaving your car. At 1st Gateway, we pride ourselves on being more than just a financial institution; we're a community partner committed to helping you achieve your financial goals. We invite you to visit us at 200 N Base St Morrison, IL 61270, or explore more about our services on our website here. Ready to take the next step? Open an account today or contact us at 815-772-2200 we're excited to serve you!

Business Banking Solutions

For local entrepreneurs and businesses, we offer tailored business banking solutions, including merchant services and business loans. We aim to help you grow your business by providing the financial tools necessary for success.

Digital Convenience at Your Fingertips

In today's fast-paced world, convenience is key. That's why we have invested in robust online and mobile banking services that allow you to manage your accounts anytime, anywhere. With features like mobile payments, easy account access through our user-friendly app, and secure online transactions, taking control of your finances has never been easier.

Personal Banking Made Easy

Managing your finances should be straightforward and accessible. That's why we offer a variety of checking and savings accounts designed to fit your lifestyle. Need to purchase a new car? Our auto loans and vehicle financing options make it simple for you to drive away in your dream vehicle without breaking the bank. If you're considering buying a home, our mortgage loans and refinancing services are here to help you navigate the process smoothly. We understand that life can bring unexpected expenses, which is why our personal loans and debt consolidation options can provide you with the financial relief you need. Plus, our credit cards with rewards allow you to earn benefits while making purchases.

Digital & Online Banking

Key Services

Our online banking platform allows you to view your account balances, transfer funds, and pay bills with just a few clicks. Plus, if you prefer going paperless, our e-statements feature makes it easy to access your statements securely online. You can even authorize electronic signatures for transactions, making your banking experience not only simpler but also more efficient.

Mobile Banking Made Easy

For those on the go, our mobile application brings all these features right to your fingertips. You can check your balance, deposit checks, and even make person-to-person transfers with ease. And if you're a fan of mobile payments, you're in luck! Our mobile payments feature lets you pay directly from your phone whenever you need to.

Security and Support

We prioritize your security and peace of mind. Our online banking services are built with robust security measures to protect your personal information. If you ever have questions or need assistance, our friendly team is just a phone call away at (815) 772-2200. With these tools at your disposal, managing your finances has never been more accessible or secure. Join us at 1st Gateway today and experience how our digital banking services can work for you!

Financial Strength

Investing in the Future

With $10,106,815 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our $965,000 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members.

Member Savings and Growth

Members' savings are secured through $44,174,843 in share certificates and $24,734,148 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.

Our Financial Health

With a net worth of $22,942,409, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,444 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

With $2,535 in used auto loans and $127,021,194 in total loans and leases, our lending capacity supports members' financial goals across various sectors. We also take pride in having 44 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Trust Built on Transparency

Total Share and Deposit Accounts: 21,184, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $31,226. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st Gateway is your trusted partner. Visit us at 200 N Base St Morrison Il 61270 or call (815) 772-2200 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 $29,533,975 in used vehicle loans and $12,237,683 in new vehicle loans already helping members get on the road. We believe that financing should be straightforward and accessible, which is why we have flexible terms and competitive rates.

Business Financing

For business owners seeking growth opportunities, while we currently do not have outstanding commercial loans available at this branch location, we understand the importance of having access to capital when it matters most. Feel free to reach out if you're interested in future offerings tailored for businesses. At 1st Gateway, we prioritize your financial well-being. If you'd like more information about our loan offerings or need assistance determining which option suits you best, don't hesitate to contact us at 815-772-2200 or visit us at 200 N Base St, Morrison IL 61270. Remember that performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your financial future starts here!

Credit Lines and Personal Loans

We also offer a robust range of credit lines with a total amount of $36,863,564 available. These credit lines allow you to access funds when needed without the hassle of reapplying each time. For those managing everyday expenses or consolidating debt, our unsecured credit card loans can help streamline your finances; currently totaling $0, these flexible terms are designed to help members manage their budgets more effectively.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $6,054,676, make buying or refinancing simple. We strive to provide clear information on eligibility and refinancing options so that you can find the perfect fit for your housing needs.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data 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 means that users can trust they are receiving fair and transparent offers. Each loan listing is carefully vetted to guarantee it comes from legitimate financial institutions.

Key Benefits of Using LendMesh

One of the standout features of LendMesh is its commitment to providing verified data. All loan offers come from trusted financial entities, promoting transparency in the lending process. Additionally, LendMesh does not feature sponsored listings; lenders are not prioritized based on paid promotions, ensuring that users receive unbiased results tailored to their needs. Moreover, LendMesh provides real-time rate comparisons, allowing users to access up-to-date loan rates from multiple institutions. This helps users make informed decisions about their borrowing options without any unnecessary confusion. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how effective and user-friendly the platform is. For those looking to secure the best possible loans, 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.

1ST GATEWAY CREDIT UNION - Morrison, IL