Abbott Laboratories Credit Union Gurnee IL | Affordable Auto Loans & Business Banking

Introduction

Welcome to Abbott Laboratories, where your financial well-being is our top priority. Located at 325 Tri State Pkwy, Gurnee, IL 60031, we are proud to serve over 32,122 members with a commitment to community and personalized service. Established with the vision of supporting our members' financial journeys, we have grown into a trusted partner in the world of banking. With total assets exceeding $1,034,584,910 and deposits reaching $71,554,017, we ensure that your money is not just safe but also working for you. We offer a wide range of services including personal banking, auto loans, mortgages, and business banking solutions. In fact, our total loans stand at an impressive 148,665, reflecting our dedication to providing valuable lending opportunities. Our leadership team is here to guide you every step of the way. Under the direction of CEO Joseph Trosclair and Board President James Wenner, we strive for excellence in all that we do. Our team of 109 employees works diligently to create a welcoming atmosphere where you can explore financial options tailored just for you. At Abbott Laboratories Credit Union, we believe in building strong relationships with our members and the community at large. Whether you're looking to save for a dream home or need assistance with everyday banking needs, we're here to help you achieve your goals. While members can visit us at our branch location, official correspondence should be sent to the same address: 325 Tri State Pkwy, Gurnee, IL 60031. Don't hesitate to reach out! Give us a call at 847-688-8000 or visit our website at www.alecu.org for more information on how we can support your financial journey. We're excited to welcome you into our community!

Branch History & Mission

Welcome to Abbott Laboratories, where our story is deeply rooted in community and service. Located at 325 Tri State Pkwy Gurnee Il 60031 in the vibrant city of Gurnee, IL, we have proudly served our members since our establishment in 0. Over the years, we have grown into a trusted financial partner for over 32,122 members, offering a wide range of services designed to meet your needs. Our mission is clear: to provide exceptional financial services while fostering a strong sense of community support. At Abbott Laboratories, we believe that banking should be about more than just transactions; it's about building relationships and enhancing the lives of those we serve. We strive to empower our members through accessible financial education and personalized service, ensuring that everyone has the tools they need to succeed financially. As we evolved, we embraced technological advancements to better serve you. Our online banking platform allows for convenient access to your accounts anytime, anywhere. With features like mobile payments, person-to-person transfers, and electronic statements, managing your finances has never been easier. We are also proud to maintain ADA compliance, making sure all members can access our services without barriers. Community outreach is at the heart of what we do. Whether it's through local partnerships or volunteering initiatives, we aim to make a positive impact in Gurnee and beyond. We understand that when our community thrives, so do our members. For those who wish to visit us in person, we offer convenient operating hours from M-F 9:00 AM - 5:00 PM CST and drive-thru banking on Saturdays from 9:00 AM - 12:30 PM CST. And with ATM availability right here at our branch, accessing cash is straightforward and hassle-free. While members can visit us at 325 Tri State Pkwy Gurnee Il 60031, official correspondence should be sent to 325 Tri State Pkwy, Gurnee, IL 60031 if it differs from our physical location. Join us at Abbott Laboratories and experience the benefits of being part of a credit union dedicated to your financial success and community well-being. Give us a call at (847) 688-8000 or visit our website for more information. We look forward to welcoming you!

Branch Location & Accessibility

Convenient Access

At Abbott Laboratories, we understand the importance of accessibility. Our branch is designed to accommodate everyone, featuring ADA-compliant entrances and ample parking spaces to ensure a smooth visit. Whether you prefer to walk in or use our drive-thru service, we've got you covered. Plus, with an ATM on-site, cash withdrawals and balance checks are just a short trip away.

Get in Touch

Ready to experience exceptional service? We invite you to stop by or give us a call at 847-688-8000. At Abbott Laboratories, we're excited to help you navigate your financial journey!

Operating Hours

We're here for you during convenient hours! Visit us Monday through Friday from 9:00 AM to 5:00 PM for all your banking needs. On Saturdays, our drive-thru is open from 9:00 AM until 12:30 PM, making it easy to manage your finances on the weekend.

Services Offered

Our friendly staff at Abbott Laboratories is dedicated to providing personalized service tailored to your financial goals. We offer a variety of services including checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and business banking solutions. If you have questions or need assistance with online or mobile banking, don't hesitate to ask! While members can visit us at 325 Tri State Pkwy for in-person services, official correspondence should be sent to the same address as well.

Member Eligibility

At Abbott Laboratories, we believe that everyone deserves access to a supportive financial community. Becoming a member is simple and welcoming! If you live, work, or worship in the area around 325 Tri State Pkwy Gurnee Il 60031, you're likely eligible to join us. We warmly invite individuals associated with Abbott Laboratories and their families to become part of our cooperative. Joining us not only opens the door to various financial services tailored to your needs but also connects you with like-minded members who share similar goals. For detailed eligibility criteria, feel free to visit our website at . Ready to take the next step? Opening an account at Abbott Laboratories is straightforward and designed with you in mind. Whether you're interested in checking accounts, loans, or other financial products, we're here to help you every step of the way. If you have any questions, don't hesitate to give us a call at (847) 688-8000. We look forward to welcoming you into our community!

Business Banking & Commercial Services

Merchant Services that Make Life Easier

We also provide essential merchant services that simplify transactions, allowing you to focus on what matters most running your business. Imagine being able to process payments quickly and efficiently, whether in-store or online. Our services ensure your customers enjoy a smooth payment experience, leading to happier clients and increased sales. Located conveniently at 325 Tri State Pkwy Gurnee Il 60031 in Gurnee, IL, we invite you to explore how our business banking solutions can support your ambitions. For more information, give us a call at (847) 688-8000. Let's work together to fuel your business success!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have no member or non-member commercial loans to showcase, we are dedicated to helping future businesses thrive with tailored loan solutions when the time comes.

Comprehensive List Of Services

ATM and Cash Services

For those times when you need cash quickly, our ATM services are available for easy withdrawals and balance checks. Plus, with basic drive-thru banking at our branch located at 325 Tri State Pkwy Gurnee Il 60031, you'll find it effortless to handle deposits and withdrawals without stepping inside.

Business Banking

If you're a business owner, you'll find valuable resources at Abbott Laboratories as well. Our business banking services include merchant services and business loans, helping you manage cash flow and grow your enterprise.

Credit Cards

We also offer credit cards with rewards that give you more for your everyday spending. Whether you're traveling or shopping locally, you can earn points that add up fast.

Digital Banking

In today's fast-paced world, convenience matters. That's why we provide online and mobile banking options so you can access your accounts anytime, anywhere. You can check balances, pay bills, transfer funds, and even make person-to-person payments right from your smartphone.

Loans and Financing

Need a new car? Our auto loans and vehicle financing options are designed to get you behind the wheel quickly and affordably. If you're considering buying a home, we have mortgage loans and refinancing solutions that can make that dream a reality. For those unexpected expenses or plans for home improvements, our personal loans and debt consolidation services provide flexible options to ease your financial burdens.

Personal Banking

When it comes to personal banking, we offer various options tailored for you. Whether you're looking to open a checking or savings account, our team is here to help you find the right fit. Imagine having a secure place to manage your everyday expenses while earning interest on your savings it's all possible with our accounts.

Shared Branch Transactions

We understand that flexibility is key for our members. That's why we also offer basic shared branch transactions for partner credit union members making it easier for you to manage your finances wherever life takes you. To learn more about how Abbott Laboratories can support your financial journey or if you have any questions about our services, don't hesitate to reach out! Give us a call at (847) 688-8000 or visit us at our Gurnee branch. Your financial goals are within reach with the help of our dedicated team!

Digital & Online Banking

Key Features

We prioritize security while ensuring ease of use. Our electronic signature authorization feature lets you complete transactions safely without the hassle of printing and mailing documents. You can also opt for e-statements, which means no more paper clutter just quick and easy access to your financial statements right from your device. If you love mobile payments, you're in luck! Our mobile payments feature makes it simple to pay for purchases directly from your phone. And for those who prefer managing their finances on the go, our mobile application provides all the functionalities of online banking right at your fingertips.

Staying Connected

Need to send money to a friend? With our person-to-person transfer option, splitting bills or sending gifts is straightforward and fast. Just a few taps on your phone and the money is sent! At Abbott Laboratories, we're committed to making banking simple and accessible for everyone. Explore our digital solutions today and experience how easy it is to manage your finances anytime, anywhere!

Financial Strength

Commitment to Growth

With $147,708,075 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $93,197 in used auto loans and $579,417,158 in total loans and leases.

Growing Member Base

Total Share and Deposit Accounts: 71,881, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $30,358,852 further enhance our ability to support your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Abbott Laboratories is your trusted partner. Visit us at 325 Tri State Pkwy Gurnee Il 60031 or call (847) 688-8000 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.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 109 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $288,100,258 in share certificates and $151,981,533 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.

Solid Financial Foundation

With a net worth of $148,202,640, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,432 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $66,902,350 in used vehicle loans and $56,557,082 in new vehicle loans already helping members get on the road. We provide financing for both new and used vehicles so that you can choose what best fits your needs. Refinancing options are also available if you're looking to lower your monthly payments or reduce your interest rate.

Credit Lines

For those who prefer ongoing access to funds, our total credit lines amounting to $273,469,685 provide flexibility when you need it most. You can draw from these lines as needed while only paying interest on the amount used. Our dedicated team at Abbott Laboratories is here to assist you in finding the right loan product for your unique situation. If you're interested in learning more about eligibility or refinancing options, feel free to reach out! You can contact us at 847-688-8000 or visit us at 325 Tri State Pkwy Gurnee IL 60031 during our operating hours: Monday through Friday from 9:00 AM to 5:00 PM CST and Saturday from 9:00 AM to 12:30 PM CST. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today and take a step towards achieving your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $48,192,899, make buying or refinancing simple. We are committed to guiding you through the process with clear information and support every step of the way.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $33,500,017 in loans helping members manage their finances effectively. This option is perfect for those who want to consolidate debt or cover unexpected expenses without tying up collateral.

Loan Aggregator

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced 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), ensuring fair and transparent offers. This means users can trust that the information they receive reflects actual market conditions and lender offerings.