Chicago Area Office IL Credit Union | Best Auto Loans & Business Banking

Introduction

Welcome to the Chicago Area Office, where your financial well-being is our top priority! Located at 600 W Madison St, Chicago, IL 60661, we are proud to have been serving our community since 1943. With a dedicated team of just 3 employees, we are small enough to know you personally but strong enough to meet all your banking needs. At the Chicago Area Office, we believe in building relationships that foster trust and reliability. With a total membership of 1,333 and assets amounting to an impressive $9,798,481, our credit union is committed to providing you with personalized service and competitive financial products. Whether you're looking for a new auto loan or a simple savings account, we have options tailored just for you. We understand the importance of having a safe place for your hard-earned money. That's why our total deposits stand at $1,526,848 with a net worth of $2,119,806. Our cash in hand of $196,356 ensures that we're always ready to support your financial journey. Our CEO, Robin Shannon, along with Board President Elizabeth Mitchell, lead our dedicated team to ensure you receive the best banking experience possible. We strive to make each interaction meaningful and beneficial for our members. While members can visit us at our branch address, official correspondence should be sent to 600 W MADISON ST, Chicago, IL 60661-2406. Feel free to reach out by phone at 312-575-5600 or send us a fax at 312-575-5607. Join us today and discover how the Chicago Area Office can help you achieve your financial goals. Visit our website at chicagoareafcu.org or stop by during our lobby hours from 11:00 AM to 2:00 PM on Monday, Thursday, and Friday. Your future starts here!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we are dedicated to keeping up with digital advancements while ensuring ADA compliance for all our members. Although we do not currently offer drive-thru services or shared service centers, our commitment remains strong in providing efficient online banking solutions and personalized support through phone consultations at 312-575-5600.

Community Engagement

As part of our ongoing commitment to the community, Chicago Area Office partners with local organizations to promote financial literacy and provide resources for those in need. We believe that by working together with various groups, we can uplift the community around us and create a brighter future for everyone. If you're looking for a credit union that puts its members first and values community engagement as much as personal finance, consider joining us at Chicago Area Office. Experience firsthand how we can help you reach your financial aspirations while being part of something bigger. Join us today!

Our Mission

The mission of Chicago Area Office goes beyond just numbers; it's about building lasting relationships and supporting our community. We strive to deliver personalized service while fostering an inclusive environment where every member feels valued. Our focus on community outreach ensures that we not only serve your financial needs but also contribute positively to the neighborhoods we call home. While members can visit us at 600 W Madison St, official correspondence should be sent to 600 W MADISON ST, Chicago, IL 60661-2406 if needed. We understand that convenience matters, which is why we offer ATM availability and online banking options for easy access to your accounts anytime.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is important. Our branch is designed to accommodate everyone, featuring ADA-compliant entrances and accessible parking options nearby. Whether you're visiting us in person or using our ATM services, we strive to make your experience smooth and hassle-free.

Call-to-Action

Have questions or want to learn more? Don't hesitate to give us a call at 312-575-5600. We look forward to welcoming you into our branch soon!

Operating Hours

We invite you to stop by during our lobby hours on Monday, Thursday, and Friday from 11:00 AM to 2:00 PM. Our team is ready to assist you with a variety of services including checking and savings accounts, mortgage loans, personal loans, and more.

Services Offered

At the Chicago Area Office, we offer a range of financial services tailored to meet your needs. From auto loans and vehicle financing to business banking solutions, we have you covered. Plus, with online and mobile banking options available, managing your finances has never been easier.

Member Eligibility

Becoming a member of Chicago Area Office feels like joining a friendly neighborhood where everyone looks out for each other. At our Chicago Area Office, located at 600 W Madison St Chicago Il 60661, we believe in making banking personal and accessible. To be eligible for membership, you just need to meet a few simple criteria that reflect our community values. Typically, if you live or work in the local area, or have a family member who is already a member, you're likely good to go! For the most current details on eligibility, feel free to check out this resource: . Joining us is straightforward and welcoming. You can open an account by visiting us during our operating hours or by reaching out at (312) 575-5600 for more information. Our team is here to guide you every step of the way, ensuring that you feel right at home as part of the Chicago Area Office family. Don't hesitate to reach out; we'd love to help you start your journey with us!

Business Banking & Commercial Services

Commercial 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 That Matter

Imagine being able to accept payments from customers seamlessly, whether they're shopping online or visiting your storefront. Our merchant services help you do just that. We provide tools that allow you to process transactions quickly and securely, ensuring you never miss a sale. With our services, you can focus on what matters most growing your business. Located at 600 W Madison St Chicago Il 60661 in Chicago, IL, we're ready to assist you in navigating your financial journey. Call us today at (312) 575-5600 to learn more about how we can support your business goals!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

For those looking to hit the road in a new vehicle, our Auto Loans & Vehicle Financing options make it simple and affordable. Whether it's a brand-new car or a reliable used one, we provide financing solutions tailored to fit your budget. Picture driving away in your dream car without the stress of complicated loan processes.

Business Banking

For our entrepreneurial members, Business Banking services such as Merchant Services & Business Loans are available to support your business growth. Whether you're launching a startup or expanding an existing venture, we provide solutions that make banking easier for small businesses.

Credit Cards with Rewards

We also offer Credit Cards with Rewards, allowing you to earn points on everyday purchases. Think about using rewards for travel or cashback every swipe brings you closer to something special.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we prioritize our Online & Mobile Banking services, letting you manage your accounts anytime, anywhere. With features like ATM & Cash Withdrawal Services and Basic ATM Access for balance checks and withdrawals, accessing your money has never been easier. At Chicago Area Office, located at 600 W Madison St Chicago Il 60661, we're more than just a credit union; we're part of the community in Chicago, IL. If you have questions or want to learn more about how we can help meet your financial needs, don't hesitate to reach out! Call us at (312) 575-5600, and let's start this journey together!

Home Financing

If homeownership is on your mind, look no further than our Mortgage Loans & Refinancing services. We guide you through every step, from finding the right mortgage plan to refinancing for better rates when the time is right. Owning your own home should feel rewarding and attainable and we're here to make it happen.

Personal Banking

When it comes to personal banking, we offer various options like Checking & Savings Accounts that help you manage your everyday finances with ease. Imagine having a checking account that allows you quick access to your funds and a savings account that grows your money over time. We also understand that life can be unpredictable, which is why our Personal Loans & Debt Consolidation services are designed to give you the support you need during those unexpected moments.

Digital & Online Banking

Key Features for Your Convenience

Our online banking service allows you to check balances, view transactions, and manage your money whenever it suits you. You can even send money directly to friends and family with our person-to-person transfer feature. No more waiting in line or rushing to the bank just log in anytime and handle your banking needs quickly and securely. While we currently do not offer electronic signature authorization, e-statements, or mobile payments, our commitment to security remains steadfast. We prioritize the safety of your personal information with robust security measures, ensuring that your data is protected at all times.

Mobile Access

Although we don't have a dedicated mobile application yet, our website is fully optimized for mobile use. This means you can easily navigate through your accounts on your smartphone or tablet without any hassle. In summary, Chicago Area Office is here to provide you with accessible and user-friendly online banking services. With options like 24/7 account access and person-to-person transfers, we empower you to take charge of your financial life wherever you are. Visit us today at https://www.chicagoareafcu.org/ to learn more about how we can help simplify your banking experience!

Financial Strength

Growing Together

Total Share Accounts stand at 1,691, showing a strong and growing member base that trusts us with their finances. Additionally, we have net shares (funds available for lending and investments) amounting to $0, further reinforcing 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, Chicago Area Office is your trusted partner. Visit us at 600 W Madison St Chicago Il 60661 or call (312) 575-5600 to learn more about how we can help you achieve your financial goals.

Investments in Your Future

With $1,523,417 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We also support your financial goals with $50 in used auto loans and $3,023,738 in total loans and leases. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 2 full-time employees and 1 part-time employees who are always ready to assist you with a knowledgeable and committed team.

Member-Centric Savings Solutions

Members' savings are secured through $606,964 in share certificates, offering stable and rewarding financial growth opportunities. Although we do not have any money market shares at this time, our commitment to secure your investments remains unwavering. 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.

Our Solid Financial Position

With a net worth of $2,119,806, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,160 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 $910,741 in used vehicle loans and $977,010 in new vehicle loans already helping members get on the road. We cater to all kinds of vehicle purchases and are here to assist you every step of the way.

Credit Lines

In addition to these products, our total credit lines amount to $500,000, providing an extra layer of financial flexibility for our members. These lines can be useful for those who may need access to funds at different times throughout the year. If you're considering refinancing your existing loans or want to learn more about eligibility options, our team is ready to help. We believe in providing transparent information so you can make informed decisions about your financial future. For more details about our loan offerings or any inquiries you might have, feel free to contact us at 312-575-5600 or visit us at 600 W Madison St Chicago Il 60661. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your financial journey starts here with us at the Chicago Area Office!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. While we currently do not have Junior Lien 1-4 Family Residential Properties loans available, we encourage you to check back often as our offerings may expand.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $211,719 in loans helping members manage their finances effectively. This option is perfect for those who want to consolidate debt or cover unexpected expenses without tapping into savings.

Loan Aggregator

Benefits of Using LendMesh

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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 to accuracy ensures that the offers you see are fair and transparent. Each lender's information is rigorously vetted, so you can trust that you're getting genuine offers.

CHICAGO AREA OFFICE FEDERAL CREDIT UNION