1ST GATEWAY CREDIT UNION - Prophetstown, IL

Welcome to 1st Gateway, your trusted financial partner since 1953! Located at 334 Washington St, Prophetstown, IL 61277, we are proud to serve a vibrant community of over 10,597 members. At 1st Gateway, we understand that financial needs vary from person to person, and our commitment is to provide personalized solutions that empower you to achieve your goals. As a member-owned credit union with total assets amounting to $158,926,749, we prioritize your financial well-being. Our wide range of services includes checking and savings accounts, auto loans, mortgage refinancing, and business banking options designed with you in mind. Whether you're looking to secure a loan or open a new account, our dedicated team is here to guide you every step of the way. Under the leadership of our CEO, Pat Drennen, and Board President Kerry Kennedy, we are focused on making a positive impact in our community. With a net worth of $22,942,409 and cash in hand totaling $861,572, we ensure that your deposits are safe while providing competitive rates that benefit all our members. While you can visit us at our branch for all your banking needs, official correspondence should be sent to the same address: 334 Washington St, Prophetstown, IL 61277-1115. Our friendly staff is available Monday through Friday from 8:30 AM to 5:30 PM and Saturday from 8:30 AM to Noon ready to assist you with whatever you need. We invite you to explore how 1st Gateway can help you navigate your financial journey. Visit us online at 1st Gateway or give us a call at 815-537-2620 today! Your future starts here let's build it together.

The story of 1st Gateway in Prophetstown, IL, is one of community and commitment. Since its opening in 1953, this branch has been dedicated to serving its members with integrity and care. Nestled at 334 Washington St, it stands as a beacon of support for the local residents, fostering financial wellness and community spirit. Over the years, 1st Gateway has grown significantly, now boasting a total membership of 10,597 and managing assets totaling an impressive $158,926,749. This growth reflects not just our financial strength but also the trust placed in us by our members. We are proud to be a part of their journeys helping them save for a home, finance a vehicle, or secure loans for personal needs. At the heart of our mission is the commitment to provide accessible and affordable financial services while supporting the community we serve. Our goal is to enhance the lives of our members through personalized banking solutions, including checking and savings accounts, auto loans, mortgage financing, and business banking services. We believe that when our members succeed, our community thrives. While you can visit us at 334 Washington St, official correspondence should be sent to 334 Washington St, Prophetstown, IL 61277-1115 if different from our branch address. Our operating hours are designed to accommodate your busy life: Monday through Friday from 8:30 AM to 5:30 PM, and Saturday from 8:30 AM to Noon. We also offer convenient ATM access and drive-thru banking for those on the go. As we look towards the future, we remain committed to embracing digital advancements that enhance member experience. With features like online banking and mobile payments available, managing your finances has never been easier or more secure. Our partnerships within the community further exemplify our dedication to service beyond banking. We engage in various outreach programs that support local initiatives and help those in need. Join us at 1st Gateway and become part of a community-focused credit union where your financial goals are our priority. Experience firsthand how we can assist you in achieving your dreams while being part of something bigger. Visit us today or explore more at www.1stgateway.org.

At 1st Gateway, we believe that everyone deserves a chance to be part of a welcoming community where your financial needs are prioritized. Joining us is simple! If you live, work, worship, or attend school in the Prophetstown area, you're likely eligible to become a member. We invite you to explore the many benefits of membership, including competitive rates on loans and savings accounts, personalized service, and access to a variety of financial tools designed to help you succeed. For more specific eligibility criteria, feel free to check out our detailed information at http://www.1stgateway.org/switchkit.html . Once you're ready to take the next step towards joining our family at 1st Gateway, opening an account is easy! You can start the process by visiting us online at https://1stgateway-dn.financial-net.com/web/enrollment or give us a call at (815) 537-2620 for any questions. Our friendly team is here to help you every step of the way! Come see how being a member at 1st Gateway can benefit you today!

At 1st Gateway, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to serving you better every day. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. 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. 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. 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 lending capacity is robust, with $2,535 in used auto loans and $127,021,194 in total loans and leases supporting your financial goals across various sectors. Our operational efficiency is reflected in our $965,000, enabling us to continue offering competitive loan rates and solid financial products for our members. 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. Net Shares (Funds available for lending and investments): $31,226. Total Share and Deposit Accounts: 21,184, showcasing a strong and growing member base that trusts us with their finances. 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 334 Washington St Prophetstown Il 61277 or call (815) 537-2620 to learn more about how we can help you achieve your financial goals.