Blackhawk Area Credit Union Savanna IL | Best Auto Loans & Business Banking

Introduction

Welcome to Blackhawk Area, your trusted financial partner in Savanna, Illinois. Located conveniently at 214 Main St, Savanna, IL 61074, we have been serving our community since 1935. With a strong foundation and a commitment to providing personalized financial services, we take pride in supporting our 3,870 members with their banking needs. At Blackhawk Area, we understand that every member's financial journey is unique. That's why we offer a range of products including checking and savings accounts, auto loans, mortgage loans, personal loans, and credit cards designed to fit your lifestyle. As of now, we boast total assets of $37,510,519 and total deposits reaching $1,927,040. Our focus on member satisfaction has also helped us maintain a net worth of $4,652,077. Led by our dedicated CEO Rhonda Schroeder and Board President Beth Wiegmann, our team of 16 employees is here to provide exceptional service tailored to your needs. We are committed not only to helping you achieve your financial goals but also to strengthening our local community through various initiatives. While you can visit us at our branch for face-to-face assistance during our lobby hours from Monday to Friday (8:30 AM - 4:30 PM) and Saturday mornings (8:30 AM - noon), we also offer online and mobile banking solutions for your convenience. Whether you need quick access to funds or comprehensive financial advice, we're just a phone call away at (815) 273-4503. Join us today at Blackhawk Area Credit Union where your financial future matters! For more information about our services or to explore membership options, visit us online at bacu.org.

Branch History & Mission

Welcome to the story of Blackhawk Area, a credit union that has served the community of Savanna, IL since its founding in 1935. With nearly nine decades of experience, we have built a legacy of trust and support for our members, growing together with them through various economic changes and challenges. Located at 214 Main St, Savanna, IL 61074, our branch has become a cornerstone of the community. As you walk past our doors, you'll find a welcoming environment where personal connections are made. We pride ourselves on being more than just a financial institution; we are a partner in your journey toward financial success. Our operating hours are designed to accommodate your busy life: Monday through Thursday from 8:30 AM to 4:30 PM, Friday from 8:30 AM to 5:30 PM, and Saturday from 8:30 AM to noon. Our mission is straightforward yet powerful: to provide exceptional financial services while actively supporting the communities we serve. This commitment is reflected in our current membership of 3,870 individuals who trust us with their financial needs. We strive not only to offer a range of services including checking and savings accounts, auto loans, mortgages, and credit cards but also to make a positive impact through community outreach initiatives. Over the years, Blackhawk Area has achieved significant milestones. With total assets amounting to an impressive $37,510,519, we continue to expand our offerings while maintaining sound financial practices. The trust placed in us by our members allows us to reinvest in the community and enhance the services we provide. While members can visit us at 214 Main St, official correspondence should be sent to our mailing address at PO Box 328, Savanna, IL 61074-1628. For those who prefer digital interactions, we offer modern conveniences like online banking and mobile payments, ensuring that banking with us is accessible and user-friendly. In addition to traditional services, we are proud to have drive-thru banking available for quick transactions without leaving your vehicle. Although ATM services are not currently offered at this location, we remain committed to meeting your needs with personalized service. At Blackhawk Area, we believe in fostering relationships that extend beyond transactions. Our partnerships with local organizations enable us to contribute positively to various causes within the Savanna community. Join us today and experience the difference of being part of a credit union that genuinely cares about you and your financial well-being. Together, let's continue building a brighter future for everyone in Savanna! For more information or assistance, feel free to call us at (815) 273-4503 or visit our website at www.bacu.org.

Branch Location & Accessibility

Welcome to the Blackhawk Area branch, your friendly financial partner located at 214 Main St in beautiful Savanna, Illinois. Nestled in Carroll County, we're easily accessible and conveniently situated near popular local spots, making it simple for you to drop by for all your banking needs. Whether you're coming from a nearby landmark or just passing through town, our location is designed with your convenience in mind. While members can visit us at 214 Main St, official correspondence should be sent to PO Box 328, Savanna, IL 61074-1628. Our branch features ample parking space and is equipped with ADA-compliant facilities to ensure everyone can access our services comfortably. Our operating hours are tailored to fit your busy schedule: Monday through Thursday from 8:30 AM to 4:30 PM, Friday until 5:30 PM, and Saturday mornings from 8:30 AM to noon. We're here to help you manage your finances and achieve your goals! For those who prefer drive-thru banking, we have a dedicated service available that allows for quick and easy transactions without leaving your vehicle. Although we do not currently have ATM services on-site, our drive-thru can handle deposits and withdrawals along with other basic transactions. If you have any questions or need assistance, feel free to reach out! You can contact us at 815-273-4503. We invite you to visit us soon let's work together towards your financial success!

Member Eligibility

Becoming a member of Blackhawk Area is like joining a close-knit family that truly cares about your financial well-being. If you're interested in joining us, it's easy! We welcome anyone who lives, works, worships, or attends school in our local community. Plus, if you have a family member who is already part of our credit union, you can join too. This means you get to enjoy all the great benefits we offer like personalized service and competitive rates while being part of something special right here in Savanna. For more detailed information on eligibility criteria, feel free to check out our website at . When you're ready to open an account and start your journey with us, just give us a call at (815) 273-4503 or visit us at 214 Main St Savanna Il 61074. We're excited to welcome you into our community!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to loans, our merchant services can help streamline your operations. Imagine being able to accept payments easily from customers both online and in-store. Our solutions make transactions smoother, allowing you to focus on what really matters growing your business. Visit us at 214 Main St Savanna Il 61074 in Savanna, IL, or call us at (815) 273-4503 to learn how we can help your business thrive today!

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

Business Banking

For our entrepreneurial members, we offer comprehensive business banking services including merchant services and business loans. These tools are designed to help local businesses thrive by providing the financial support they need to grow.

Convenient Access

We recognize that convenience is key in today's fast-paced world. That's why we offer basic drive-thru banking for deposits, withdrawals, and simple transactions without leaving your car! Although we currently do not have ATM availability at this location, our online platforms ensure you can access your accounts anytime. At Blackhawk Area, we prioritize making your banking experience straightforward and accessible. If you're interested in learning more about any of our services or have questions about how we can assist you further, don't hesitate to give us a call at 815-273-4503 or visit us online at bacu.org. Join us today and discover how Blackhawk Area can support all your financial needs!

Credit Options

Need some extra cash for unexpected expenses? Our personal loans and debt consolidation services provide financial relief when you need it most. Plus, with our credit cards featuring rewards programs, you can earn benefits on purchases while managing your spending effectively.

Home Financing Solutions

Buying a home is a significant milestone, and at Blackhawk Area, we are here to support you with mortgage loans and refinancing services. Whether you're purchasing your first home or looking to lower your monthly payments through refinancing, our dedicated team will help guide you through every step of the process.

Personal Banking Services

For those looking to manage their day-to-day finances, we offer personal banking options like checking and savings accounts tailored to fit different lifestyles. Imagine having access to your funds anytime you need them through our user-friendly online and mobile banking features. You can check balances, transfer money, or pay bills right from your phone! If you're considering a new vehicle or need financing for an existing one, our auto loans and vehicle financing options make it easy for you to get behind the wheel without breaking the bank. We offer competitive rates and flexible terms that suit your budget.

Digital & Online Banking

Key Features of Our Online Services

You can access our online banking platform at https://www.bacu.org/ , where you will find everything you need to manage your accounts effectively. Our 24/7 Online Banking Services let you view your account balances, transfer funds, and pay bills whenever it suits you. No more waiting in lines or rushing before closing time! For those who prefer mobile convenience, our mobile application allows you to take control of your banking right from your smartphone. With features like mobile payments, making purchases is as simple as a tap. Plus, sending money to friends or family is easy with our person-to-person transfers, ensuring that you can share expenses or settle up quickly without any hassle.

Stay Organized with E-Statements

We also offer e-statements that provide a fast and environmentally friendly way to keep track of your finances. You'll receive your account statements electronically, making it easier to stay organized and reduce paper clutter. While we currently don't support electronic signature authorization, we prioritize user-friendly experiences that allow for straightforward transactions. Whether you're checking balances or making transfers, every feature is designed with simplicity in mind. With all these services at your fingertips, managing your finances has never been easier. Visit us at https://www.bacu.org/ today and experience the convenience of banking on your terms!

Financial Strength

Commitment to Growth

With $3,125,665 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to your financial well-being is reflected in our robust lending capacity; we have $27,774 in used auto loans and $29,157,416 in total loans and leases ready to support your financial goals across various sectors.

Operational Efficiency

Our $352,450 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 13 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share Accounts stand at 7,036, 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, Blackhawk Area is your trusted partner. Visit us at 214 Main St Savanna Il 61074 or call (815) 273-4503 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.

Secured Savings

Members' savings are secured through $1,320,509 in share certificates and $6,697,097 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.

Strong Financial Health

With a net worth of $4,652,077, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,237 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 $9,160,038 in used vehicle loans and $4,568,333 in new vehicle loans already helping members get on the road. We know that securing reliable transportation is vital for many families, and our flexible terms make it easier than ever.

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $468,885 in loans helping members manage their finances effectively. This can be an ideal solution for those looking to consolidate debt or cover unexpected expenses without the hassle of high interest rates.

Credit Lines

For additional flexibility, our total credit lines amount to $2,500,000. This option allows you to borrow as needed while only paying interest on what you use. It's perfect for managing fluctuating monthly expenses or funding special projects without taking out a traditional loan. At Blackhawk Area, we pride ourselves on providing clear information and support throughout your borrowing journey. If you're considering refinancing any existing loans or would like to learn more about eligibility options for our various products, feel free to reach out to us at (815) 273-4503. 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 dedicated to ensuring that your experience with us is both rewarding and straightforward. Visit us at our branch located at 214 Main St Savanna Il 61074, Savanna, IL IL or explore more about our offerings online at https://www.bacu.org/ .

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,092,312, make buying or refinancing simple. With competitive rates and personalized service, our team is here to guide you through every step of the mortgage process.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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BLACKHAWK AREA CREDIT UNION - Savanna, IL