Abbott Laboratories Credit Union North Chicago IL

Introduction

Welcome to Abbott Laboratories, your trusted partner in financial well-being. Located at 1401 Sheridan Rd, North Chicago, IL 60064, we are proud to serve over 32,122 members and offer a wide range of financial solutions tailored to meet your needs. With total assets exceeding $1 billion ($1,034,584,910), we are committed to providing you with the resources necessary to achieve your financial goals. At Abbott Laboratories, we believe in building strong relationships with our community. Our dedicated team of 109 employees, led by CEO Joseph Trosclair and Board President James Wenner, works tirelessly to ensure that each member receives personalized service and support. Whether you're looking for a loan or want to grow your savings with our competitive rates, we're here for you every step of the way. While members can visit us at our branch location, official correspondence should be sent to the same address: 1401 Sheridan Rd, North Chicago, IL 60064-1803. We understand the importance of accessibility and strive to make banking easy and convenient for everyone. With total deposits of $71,554,017 and total loans reaching 148,665, we take pride in fostering a strong financial foundation for our members. Our net worth stands at an impressive $148,202,640, demonstrating our stability and commitment to serving you effectively. Join us at Abbott Laboratories today! Call us at 847-249-9401 or visit our website at www.alecu.org to learn more about how we can help you thrive financially. Your future starts here!

Branch History & Mission

At Abbott Laboratories, we take pride in our rich history and unwavering commitment to serving the community of North Chicago, Illinois. Founded to provide financial solutions with a personal touch, our branch has evolved significantly since its inception. We opened our doors at 1401 Sheridan Rd, right in the heart of North Chicago, where we have made a lasting impact on our members' lives. Over the years, Abbott Laboratories has grown into a trusted financial partner for over 32,000 members, showcasing our dedication to not just banking but building relationships. Our total assets now stand at an impressive $1,034,584,910, reflecting our strong position in the community and our ability to meet the diverse needs of our membership. Our mission is simple yet profound: to empower individuals and families through accessible financial services while fostering a spirit of community support. We believe that banking should be more than just transactions; it should be about helping each other thrive. Whether it's offering competitive loan options or providing essential savings tools, we strive to create meaningful solutions that enhance the financial well-being of all members. While members can visit us at 1401 Sheridan Rd, official correspondence should be sent to 1401 Sheridan Rd, North Chicago, IL 60064-1803. Our location is easily accessible and serves as a welcoming hub for those seeking reliable financial guidance. At Abbott Laboratories, we are committed to embracing modern technology while ensuring compliance with ADA standards to make banking easier for everyone. Our digital advancements allow members to manage their finances seamlessly through online banking and mobile applications. While we currently do not offer ATM or drive-thru services, our focus remains on providing personalized service that meets your needs. We actively engage with the community through various outreach initiatives and partnerships aimed at supporting local causes. By participating in local events and programs, we reinforce our belief in giving back and making a positive difference where it matters most. Join us today at Abbott Laboratories and experience the benefits of being part of a credit union that truly cares. Together, we can help you achieve your financial goals while building a stronger community for all. For any questions or assistance, feel free to call us at 847-249-9401. Welcome to your financial family!

Branch Location & Accessibility

Convenient Access

At our branch, you'll find ample parking available, making it easy for you to come in and take care of your banking needs. We prioritize accessibility with features designed for everyone, ensuring that all members feel welcome and comfortable during their visit.

Operating Hours

While we currently do not have specific operating hours listed, our friendly staff is always ready to assist you with any inquiries you may have. Feel free to give us a call at 847-249-9401 to learn more about when you can stop by or if you need assistance outside of regular hours.

Services Offered

Although we focus primarily on ATM services at this location, rest assured that we are dedicated to providing quality support for all your banking needs. If you're looking for additional services or shared resources, please don't hesitate to reach out. While members can visit us at 1401 Sheridan Rd, official correspondence should be sent to our mailing address at 1401 Sheridan Rd, North Chicago, IL 60064-1803. We invite you to come by and experience the friendly atmosphere at Abbott Laboratories. Your satisfaction is our priority!

Member Eligibility

Becoming a member of Abbott Laboratories is like joining a close-knit family that values your financial well-being. If you live, work, or study in the area around North Chicago, you're likely eligible to join us! We welcome anyone who shares our commitment to community and mutual support. The process is simple: just visit our branch at 1401 Sheridan Rd North Chicago Il 60064, or give us a call at (847) 249-9401 for personalized assistance. You can find more detailed eligibility criteria by checking out this helpful resource: . Once you're ready, opening an account is a breeze! We look forward to having you on board and helping you achieve your financial goals with the many benefits of membership at Abbott Laboratories.

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer robust merchant services designed to streamline your payment processes. Imagine running your business without worrying about how to accept payments from customers. Our solutions simplify transactions, allowing you to focus on what truly matters growing your business. With easy-to-use tools and dedicated support, you can enhance customer satisfaction while managing your finances effectively. Visit us at 1401 Sheridan Rd North Chicago Il 60064 in North Chicago, IL, or call us at (847) 249-9401 to learn more about how our business banking and commercial services can empower your success!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Banking Services

One of our primary services is ATM access, which allows you to manage your cash flow with ease. You can withdraw funds, check balances, and perform other transactions without stepping into a branch. This feature is particularly beneficial for those who prefer quick and easy access to their money during busy schedules.

Community Focused

At Abbott Laboratories, we believe in supporting our local community as much as we do our members. We actively participate in initiatives that uplift our neighborhood and contribute to local causes. By choosing us as your financial partner, you're not just benefiting yourself; you're also helping make a difference in North Chicago and beyond.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust digital banking options that empower you to handle your finances from anywhere. With online banking, you can check your account balances, transfer funds, and pay bills at any time. Our mobile application takes it a step further, allowing you to manage your accounts right from your phone perfect for on-the-go banking.

Join Us Today!

With so many ways to manage your finances effectively and conveniently, there's no better time to get involved with Abbott Laboratories at Abbvie. Our commitment to member satisfaction shines through every service we offer. To learn more about how we can help you achieve your financial goals, don't hesitate to reach out or visit us today! Your journey toward financial well-being starts here.

Personalized Member Support

We understand that financial decisions can sometimes feel overwhelming. That's why our team is always ready to assist you with any questions or concerns. You can reach us directly at (847) 249-9401 for personalized support tailored to your unique situation. Whether you're looking for guidance on managing your budget or need help understanding our services, we're here to help.

Digital & Online Banking

Enhanced Services

Need to send money quickly? Our person-to-person transfer option makes it simple to send funds to family or friends with just their email or phone number. And if you prefer using mobile payments, we've got you covered there too! You can easily make payments directly from your mobile device. Managing your finances has never been easier or more secure than with the digital banking services available at Abbott Laboratories. We're here to support you every step of the way as you take control of your financial future!

Key Features

Our online banking platform at https://www.abfcu.org/ provides 24/7 access to your accounts. This means you can check your balance, transfer funds, and view transaction history whenever it suits you. Plus, with our mobile application, banking is even easier. You can complete many tasks right from your smartphone, making it perfect for those on the go. Security is a top priority for us. Our electronic signature authorization feature ensures that your transactions are safe and secure. You can sign documents electronically without the hassle of printing or mailing them. Additionally, our e-statements feature allows you to receive your bank statements electronically, helping reduce paper clutter while keeping your information secure.

Financial Strength

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. 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 1401 Sheridan Rd North Chicago Il 60064 or call (847) 249-9401 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

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.

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.

Reinvesting in Our Future

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 members' financial goals across various sectors with $93,197 in used auto loans and $579,417,158 in total loans and leases.

Solid Financial Health

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 flexible terms and competitive rates to ensure that you can afford your next vehicle without stretching your budget.

Credit Lines

Our total credit lines stand at $273,469,685, giving you access to funds whenever you need them. This flexibility can help cover anything from everyday purchases to larger expenses without the hassle of applying for multiple loans. At Abbott Laboratories, we are committed to supporting our members with personalized service and various financing options. If you're considering refinancing or exploring eligibility options for any of our loan products, please don't hesitate to reach out. You can contact us at (847) 249-9401 for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We look forward to helping you achieve your financial aspirations!

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 work closely with our members to find solutions that fit their financial situations, making the dream of owning a home more accessible than ever.

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. Whether you need funds for an unexpected expense or want to consolidate debt, our credit card options are designed to provide you with financial freedom.

Loan Aggregator

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Abbott Laboratories