AREA EDUCATIONAL CREDIT UNION - Mattoon, IL

Welcome to Area Educational Credit Union, where your financial well-being is our top priority! Nestled in the heart of Mattoon at 812 Charleston Ave, IL 61938, we have been proudly serving our community since 1960. With a commitment to fostering strong relationships and providing exceptional service, we currently support over 2,371 members with a wealth of resources tailored to meet their needs. At Area Educational, we understand that every member has unique financial goals. That's why we offer a diverse range of services, including personal banking, auto loans, mortgage options, and business banking solutions. Our total assets amount to an impressive $29,617,032, backed by $3,745,326 in deposits and a solid net worth of $6,452,815. These figures reflect not just our stability but also our dedication to helping you achieve financial success. Led by our experienced CEO, Kerry Fearn, and Board President, James Coffman, our team is made up of six passionate employees who are always ready to assist you. Whether you prefer face-to-face interactions during our convenient hours Monday through Friday from 10 AM to 5:30 PM and Saturday from 9 AM to noon or online banking solutions available at myaecu.com, we aim to make your experience as smooth as possible. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 812 CHARLESTON AVE, MATTOON, IL 61938. If you're looking for a credit union that values community impact and provides reliable financial solutions tailored for you look no further than Area Educational Credit Union! Ready to take the next step? Feel free to give us a call at (217) 234-7817 or explore more about what we offer at myaecu.com. We're excited to partner with you on your financial journey!

At Area Educational, we believe that becoming a member means joining a community that truly cares about your financial well-being. If you're looking to become part of our family, you'll be pleased to know that eligibility is quite straightforward! To join us, you simply need to live, work, or attend school in our service area or have a family member who is already a member. This means you can enjoy all the benefits of being part of our supportive network at Area Educational, located at 812 Charleston Ave Mattoon Il 61938. Opening an account with us is designed to be easy and welcoming. Whether you're interested in personal banking, loans, or other services, we're here to help every step of the way. For more detailed information on the specific eligibility criteria, feel free to check out our website at http://www.myaecu.com/about-us/membership . If you're ready to get started or have any questions, don't hesitate to give us a call at (217) 234-7817. We can't wait to welcome you into our community!

At Area Educational, 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 understand that you want to trust your credit union with your hard-earned money, and we are proud to share our strong financial standing with you. Our net worth of $6,452,815 reflects our solid financial health, which allows us to offer better rates, lower fees, and enhanced member services. Furthermore, our net worth ratio of $2,179 showcases a robust capital foundation, ensuring that we can continue providing loans and competitive savings rates, even in uncertain economic times. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Members' savings are secured through $0 in share certificates and $0 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 $300,000 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to helping you achieve your financial goals is evident in our offerings: we provide $90,602 in used auto loans and $14,046,768 across various loans and leases. Moreover, our $247,191 reflects operational efficiency that empowers us to continue delivering competitive loan rates and quality financial products for our members. We also take pride in having 4 full-time employees and 2 part-time employees who are always ready to assist you with a knowledgeable and dedicated team. As a testament to our growth and trust among members, we currently manage 2,627 share accounts. This number illustrates how many individuals rely on Area Educational for their banking needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Area Educational is your trusted partner. Visit us at 812 Charleston Ave Mattoon Il 61938 or call (217) 234-7817 to learn more about how we can help you achieve your financial goals.