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

Introduction

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.

Branch History & Mission

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.

Branch Location & Accessibility

Accessibility Features

At 1st Gateway, we prioritize accessibility for all members. Our location offers ample parking, including designated spaces for those who need closer access. The branch is ADA-compliant, featuring ramps and wide doorways to ensure everyone can easily visit us. Plus, with drive-thru banking available, you can handle your transactions without leaving your vehicle.

Get in Touch

We invite you to stop by or give us a call at 815-537-2620 if you have any questions or need assistance. Our dedicated team is excited to help you achieve your financial goals!

Operating Hours

We understand that life gets busy, so we offer flexible operating hours to fit your schedule. Visit us Monday through Friday from 8:30 AM to 5:30 PM and Saturdays from 8:30 AM to noon. Whether you're popping in during your lunch break or on the weekend, we're here when you need us.

Services Offered

At our branch, we provide a range of services designed to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Additionally, our ATM is available for quick cash withdrawals and balance checks whenever you need them. While members can visit us at 334 Washington St for all their banking needs, official correspondence should be sent to the same address: 334 Washington St, Prophetstown, IL 61277-1115.

Member Eligibility

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!

Business Banking & Commercial Services

Commercial 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 a local café ready to purchase new espresso machines to meet rising customer demand. With the right financing options, they can acquire what they need without disrupting their budget. Our team at 1st Gateway is here to make sure you have access to the funds necessary for such vital investments.

Merchant Services

In today's fast-paced world, seamless payment processing can make all the difference for small businesses. Our merchant services provide an easy way for businesses to accept payments, whether it's through credit cards or mobile payments. This not only enhances customer satisfaction but also boosts sales by offering convenience. Located at 334 Washington St Prophetstown Il 61277 in Prophetstown, IL, we invite you to explore how our tailored services can help your business thrive. Reach out to us at (815) 537-2620 today!

Comprehensive List Of Services

Business Banking Services

For our local entrepreneurs, 1st Gateway provides comprehensive business banking services. From merchant services that simplify payment processing to business loans that fuel growth, we are here to support your ventures every step of the way.

Convenient Banking Features

Our commitment extends beyond traditional banking services; we want to ensure ease of access for all members. You can utilize our ATM and cash withdrawal services anytime you need cash. Plus, with basic drive-thru banking available for deposits, withdrawals, and simple transactions, managing your finances has never been easier.

Get Started Today!

We invite you to visit us at 1st Gateway in Prophetstown or give us a call at 815-537-2620. Discover how our diverse range of services can meet your financial needs today! To learn more about opening an account or exploring loan options, feel free to check out our website here. Let us be part of your financial journey!

Loan Options for Every Need

We understand that life can throw unexpected expenses your way. That's why we offer personal loans and debt consolidation options to help you manage those costs effectively. Our goal is to support you in achieving financial peace of mind. If credit cards are what you seek, our cards come with rewards that benefit your everyday spending habits. Whether it's earning points for travel or cash back on purchases, you'll find value in every swipe.

Personal Banking Solutions

For those managing personal finances, 1st Gateway offers checking and savings accounts designed to help you reach your financial goals. With competitive interest rates and easy access through online and mobile banking, you can keep track of your funds from anywhere. Imagine having the ability to check your balance or transfer money with just a few taps on your phone! When it comes time to purchase a car, our auto loans and vehicle financing options provide flexible terms that fit your budget. You can drive off in your new vehicle without breaking the bank! Additionally, if you're looking to buy a home or refinance an existing mortgage, our mortgage loans are tailored to make the process straightforward and hassle-free.

Digital & Online Banking

Key Features

Our online banking platform, accessible at https://www.1stgateway.org/, provides you with 24/7 access to your accounts. You can view balances, make transfers, and pay bills all from the comfort of your home or on the go. Plus, with our mobile application, banking has never been easier. Whether you need to check your account or make a quick payment using mobile payments, everything is just a tap away. We prioritize your security. Our electronic signature authorization feature allows you to complete transactions safely and efficiently without needing to visit a branch. Additionally, e-statements are available for those who prefer digital records over paper ones, helping you stay organized while being eco-friendly. Sending money to friends or family is simple with our person-to-person transfer feature. Need to pay someone back quickly? Just use our easy-to-navigate system. With all these tools at your fingertips, managing your finances in real-time has never been more accessible or user-friendly. At 1st Gateway, we're here to help you navigate your financial journey smoothly and securely. Experience the convenience of modern banking today!

Financial Strength

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.

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 provide flexible terms and competitive interest rates to ensure you find the best fit for your budget.

Credit Lines

For those who need additional flexibility with spending, our total credit lines amount to $36,863,564. This allows members to access funds as needed without the hassle of applying for multiple loans. If you're considering refinancing your current loans or exploring eligibility options for any of our products, don't hesitate to ask our staff for more information. We are here to help simplify the process and ensure that you receive the best possible service. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At 1st Gateway, we believe that everyone deserves access to affordable financing solutions. Explore our loan offerings today and see how we can assist you in reaching your financial aspirations!

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. Our experienced staff can guide you through the process and help you understand your eligibility options.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. Our credit cards come with various benefits that can assist you in managing expenses while earning rewards.

Loan Aggregator

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Ensuring Accurate Comparisons

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1St Gateway