American Broadcast Employees Credit Union Chicago IL | Affordable Auto Loans & Rewards Credit Cards

Introduction

Welcome to American Broadcast Employees, your trusted partner in financial services since 1967. Located at 190 N State St, Chicago, IL 60601, we pride ourselves on providing a safe and welcoming environment where our members can achieve their financial goals. With over 7,134 members and total assets reaching an impressive $110,112,331, we are committed to serving our community with integrity and dedication. Our focus is on helping you navigate your financial journey through a variety of services such as personal banking, auto loans, mortgage refinancing, credit cards with rewards, and business banking solutions. We understand that everyone's needs are unique, which is why we tailor our offerings to fit you best. As of now, we hold total deposits of $16,170,628 and have issued 4,319 loans to support our members' aspirations. At the helm of our credit union is CEO Jaime Herrera and Board President Michael Cullen, both dedicated to fostering a member-first culture. Our team of 27 employees is here to assist you during our lobby hours from Monday to Friday, 8:30 AM to 3:00 PM. We encourage you to reach out at 312-899-4104 for any inquiries or assistance. While members can visit us at our branch for personalized service, official correspondence should be sent to the same address: 190 N State St, Chicago, IL 60601. Discover more about what we offer by visiting our website at www.abefcu.org. Join us today and experience how American Broadcast Employees Credit Union can empower your financial future!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we embrace digital advancements to better serve you. Our online banking platform allows members to manage their finances anytime, anywhere. We also ensure accessibility through ADA compliance initiatives, welcoming everyone into our branch regardless of their needs.

Join Us

As we continue this journey together, we invite you to become part of the American Broadcast Employees family. Experience personalized service designed with you in mind. Whether you're looking for a checking account or need assistance with loans and financing options, we're here for you every step of the way. If you're ready to embark on your financial journey with us or want more information about our offerings, don't hesitate to reach out at 312-899-4104 or visit us online at abefcu.org. Your future begins here!

Our Journey

From our humble beginnings more than five decades ago, American Broadcast Employees has built a legacy rooted in service and commitment. Originally founded to support the financial needs of those working in broadcasting, we have evolved into a full-service credit union. Our journey reflects not only growth but also resilience and dedication to our community. Throughout the years, we've expanded our services to include personal banking, auto loans, mortgages, credit cards with rewards, and business banking solutions.

Our Mission

At the core of American Broadcast Employees is our mission: to provide exceptional financial services while fostering community support and engagement. We believe that strong communities build strong individuals. That's why we actively participate in local outreach efforts and partnerships aimed at enhancing the lives of those we serve. Our goal is simple help our members achieve their financial dreams while making a positive impact in Chicago. While members can visit us at 190 N State St, official correspondence should be sent to the same address for your convenience.

Branch Location & Accessibility

Accessibility Features

We strive to make banking accessible for everyone. Our branch complies with ADA standards, ensuring that all members can easily access our services. Ample parking options are available nearby, so you won't have to worry about finding a spot when you come to see us.

Operating Hours

At American Broadcast Employees, we understand your busy schedule. That's why our lobby hours are designed to fit your needs: we're open Monday through Friday from 8:30 AM to 3:00 PM. Whether you're stopping by during your lunch break or before work, we're here to help.

Services Offered

Although we don't have an ATM or drive-thru service at this branch, we offer a full range of personal banking services right inside our doors. From checking and savings accounts to auto loans and credit cards with rewards, our friendly staff is ready to assist you with whatever you need. For business owners, we provide merchant services and business loans tailored just for you. If you ever need assistance outside of regular hours, remember that online and mobile banking are just a click away! You can manage your account anytime from anywhere. While members can visit us at 190 N State St for all their banking needs, official correspondence should be sent to the same address: 190 N State St, Chicago, IL 60601. Feel free to give us a call at 312-899-4104 if you have any questions or would like more information about our services. We look forward to welcoming you soon!

Member Eligibility

Becoming a member of American Broadcast Employees is like joining a close-knit family where your financial well-being is the top priority. At our Chicago branch located at 190 N State St Chicago Il 60601, we welcome individuals who share our commitment to community and support. If you work in broadcasting, media, or related fields, or if you are a family member of someone who does, you're already on your way to enjoying the benefits of membership. We believe everyone deserves access to excellent financial services, which is why we strive to make our membership criteria straightforward and inclusive. Joining us is as easy as it gets! To learn more about the specific eligibility details, feel free to visit this link. Once you see how simple it is, you'll be ready to open an account and start taking advantage of everything we offer from personal loans and credit cards with rewards to online banking options that fit your lifestyle. For any questions, don't hesitate to reach out at (312) 899-4104; our friendly team is here to help you every step of the way!

Business Banking & Commercial Services

Business 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.

Merchant Services

In today's fast-paced marketplace, efficient payment processing can set your business apart. Our merchant services simplify transactions so you can focus on what matters most serving your customers. Imagine effortlessly accepting payments from various platforms, managing invoices, and tracking sales all while enjoying competitive rates and personalized support. Visit us at 190 N State St Chicago Il 60601 in Chicago, IL, or call us at (312) 899-4104 to learn how we can help your business thrive!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we currently do not offer ATMs at our branch, we ensure that cash withdrawal services are available when needed, so you never feel stranded without access to cash. At American Broadcast Employees, we are always looking out for our members' best interests. If you're interested in any of these services or have questions about how they can benefit you personally, please don't hesitate to reach out! Call us at 312-899-4104 or visit us in person at 190 N State St. We look forward to serving you!

Auto Loans & Vehicle Financing

Looking to purchase a new car? Our auto loans and vehicle financing make it easier for you to drive off in your dream vehicle without breaking the bank. We offer competitive rates that cater to various budgets, ensuring that financing your next adventure is both accessible and affordable.

Business Banking

For those running a business, our business banking services include merchant services and business loans that can help you grow and sustain your operations. We understand the unique challenges business owners face and are dedicated to providing solutions that work for you.

Credit Cards with Rewards

Why not earn rewards while you spend? Our credit cards come with enticing rewards programs that let you earn points for everyday purchases. It's a great way to treat yourself while managing your finances responsibly.

Mortgage Loans & Refinancing

If you're considering buying a home or refinancing an existing mortgage, our mortgage loans are designed with you in mind. We understand that securing a home is one of the biggest decisions you'll make. That's why we provide personalized assistance throughout the process, making it as smooth as possible.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we prioritize digital banking features such as online banking and mobile applications. With these tools at your fingertips, managing your finances has never been easier.

Personal Banking

When it comes to personal banking, we have you covered. Whether you're opening a new checking or savings account, you'll find options that fit your lifestyle and goals. Imagine having access to your funds anytime you need them through our user-friendly online and mobile banking platforms. You can easily check your balance, transfer money, or pay bills from anywhere!

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. Whether you need a personal loan for an emergency or want to consolidate debt for easier management, we're here to help. Our flexible loan options allow you to tackle those challenges head-on without added stress.

Digital & Online Banking

Key Services Available

Through our online banking portal at https://www.abefcu.org/ , you can access your accounts 24/7. Whether you need to check your balance, transfer funds, or pay bills, everything is just a few clicks away. Our online banking system is designed with your security in mind, so you can feel confident every time you log in. For those who prefer mobile access, we offer a mobile application that allows you to manage your accounts on the go. You can enjoy features such as person-to-person transfers, making it easy to send money to friends and family instantly. Plus, with the option for e-statements, staying updated on your financial activities is simple and paper-free.

Security and Accessibility

While we prioritize convenience, we never compromise on security. At American Broadcast Employees, your data is protected with robust security measures to keep your information safe. You won't have to worry about unauthorized access when using our online services. No matter where life takes you, our digital services ensure that you have real-time access to your accounts. Whether it's checking account balances or making quick payments through our mobile app (available now!), managing your finances has never been more accessible. Join us today and experience how easy banking can be at American Broadcast Employees! Visit https://www.abefcu.org/ to get started or contact us at (312) 899-4104 if you have any questions about our services.

Financial Strength

A Solid Foundation

With a net worth of $13,909,560, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1263 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Investing Back into the Community

With $13,909,560 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 also impressive; with $73,346,098 in total loans and leases, including 497 used auto loans, we support members' financial goals across various sectors.

Member Trust

Total Share and Deposit Accounts stand at 12,341, showcasing a strong and growing member base that trusts us with their finances. Our ability to manage these accounts effectively means your money is not only safe but also working hard for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, American Broadcast Employees is your trusted partner. Visit us at 190 N State St Chicago Il 60601 or call 312-899-4104 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our net income of $0 reflects our operational efficiency while allowing us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 27 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Security for Your Savings

Members' savings are secured through $9,352,153 in share certificates and $24,195,970 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $7,083,689 in used vehicle loans and $3,205,746 in new vehicle loans already helping members get on the road. We also provide refinancing options for existing auto loans, making it easy for you to lower your monthly payments.

Credit Lines

If you're looking for flexibility in managing your finances, consider our credit lines totaling $1,446,338. This can provide you with quick access to funds when you need them most. For any inquiries regarding eligibility or refinancing options available through our services, feel free to reach out! You can contact us at 312-899-4104 or visit us at 190 N State St Chicago Il 60601 during our lobby hours from Monday to Friday, 8:30 AM - 3:00 PM. Our 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're here to assist you in navigating your financial journey and finding the right loan product that suits your needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $15,703,519, make buying or refinancing simple. We offer competitive rates and terms to help you find a mortgage solution that fits your budget.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $4,704,247 in loans helping members manage their finances effectively. This is an excellent way to consolidate debt or cover unexpected expenses without the need for collateral.

Loan Aggregator

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Ensuring Accurate Loan 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 ). This commitment ensures that users receive fair and transparent offers tailored to their circumstances. Each loan comparison is backed by reliable data, allowing borrowers to make informed choices without the confusion often associated with loan shopping.

AMERICAN BROADCAST EMPLOYEES FEDERAL CREDIT UNION - Chicago, IL