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Personal Loans
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Introduction
Welcome to Consumers Credit Union, your trusted financial partner located at 2750 Washington St, Waukegan, IL 60085. Since our establishment in 1930, we have proudly served over 228,000 members, building a strong community focused on financial wellness and support. With total assets exceeding $3.5 billion and deposits totaling $252,671,710, we are committed to providing our members with the resources they need to achieve their financial goals. At Consumers, we believe that banking should be personal and accessible. Our dedicated team of 472 employees, led by CEO Sean Rathjen and Board President Scott Drabicki, works tirelessly to ensure you receive excellent service tailored to your unique needs. Whether you're looking for checking and savings accounts, auto loans, or mortgage refinancing, we have the right solutions for you. While members can visit us at our branch in Waukegan, official correspondence should be sent to our mailing address: 2750 Washington St, P.O. Box 9119, Waukegan, IL 60079-9119. We invite you to take advantage of our diverse services including online and mobile banking options for your convenience. With a net worth of $322,851,294 and a focus on helping individuals and businesses alike reflected in our robust loan offerings of over 132,270 loans and leases we're here to support your journey every step of the way. Ready to experience the difference? Reach out to us at 847-623-3636 or visit our website at myconsumers.org to learn more about how we can assist you today!
Branch History & Mission
At Consumers, our journey began in 1930, right here in Waukegan, IL. Over the decades, we have grown from a small community-based credit union into a trusted financial partner for over 228,000 members. Our commitment to serving the needs of our community is reflected not only in our membership numbers but also in our total assets, which now exceed $3.5 billion. Located at 2750 Washington St, Waukegan, IL 60085, our branch has become a cornerstone of the local community. We are conveniently situated near several landmarks that make us easily accessible to all our members. Whether you're looking for personal banking services or business solutions, we strive to provide exceptional service tailored to your unique needs. Our mission at Consumers is clear: we aim to empower individuals and families through comprehensive financial services while fostering a spirit of community support and engagement. We offer a range of products including checking and savings accounts, auto loans, mortgage financing, credit cards with rewards, and business banking services. Our goal is to help you achieve your financial aspirations while ensuring that you feel supported every step of the way. While members can visit us at our physical location on Washington St, official correspondence should be sent to P.O. Box 9119, Waukegan, IL 60079-9119 if different from our branch address. We understand that convenience matters; hence we offer various digital services such as online banking and mobile payments to ensure you have access to your finances anytime and anywhere. Our branch operates Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and on Saturday from 9 AM to 1 PM for drive-thru services. We also provide ATM access for quick transactions and drive-thru banking for added convenience. As part of our commitment to community outreach, we actively engage in partnerships that uplift and support local initiatives. From sponsoring educational programs to participating in community events, Consumers is dedicated to making a positive impact beyond just financial transactions. We invite you to join us at Consumers and experience the benefits of being part of a credit union that truly values its members and invests in its community. Together, let's build a brighter financial future! For more information about membership or to open an account online, please visit our website or call us at 847-623-3636 today!
Branch Location & Accessibility
A Warm Invitation
We invite you to stop by Consumers Credit Union today! Our knowledgeable staff is eager to help you explore the variety of services we offer from personal loans and mortgages to business banking solutions. If you have any questions or would like more information before your visit, don't hesitate to call us at 847-623-3636. We look forward to serving you!
ATM Availability
For those who prefer self-service banking, we also have an ATM available on-site. You can easily withdraw cash or check your balance whenever it suits you. While members can visit us at 2750 Washington St for all their banking needs, please note that any official correspondence should be sent to our mailing address at P.O. Box 9119, Waukegan, IL 60079-9119.
Convenient Access
Our location offers plenty of parking for members, ensuring that your visit is as hassle-free as possible. We pride ourselves on being accessible to everyone, featuring ADA-compliant ramps and entrances. If you're in a hurry, you can take advantage of our drive-thru service, which allows you to complete basic transactions without leaving your vehicle.
Operating Hours
Consumers Credit Union is here for you during convenient hours: we're open from 9 AM to 5 PM Monday through Thursday, 9 AM to 6 PM on Fridays, and from 9 AM to 1 PM on Saturdays. Whether you need help with personal banking services, such as checking and savings accounts or vehicle financing options, our staff is ready to assist during these times.
Member Eligibility
At Consumers, we believe that becoming a member is like joining a family that genuinely cares about your financial well-being. Whether you're looking for personal banking options, auto loans, or business services, we welcome individuals who live, work, or worship in our community. You'll find that membership is open to those who meet certain criteria, including residency in the area or being associated with local organizations. For a detailed look at all eligibility requirements, feel free to visit us at https://www.myconsumers.org/about/what-we-do/membership. Joining is simple and straightforward! Once you confirm your eligibility, opening an account with us is just a few clicks away. You can get started right now by visiting https://forms.fivision.com/myconsumers/oa/default.aspx. If you have any questions or need assistance, don't hesitate to reach out to us at (847) 623-3636. We're here to help you take this exciting step towards better financial health at Consumers, located conveniently at 2750 Washington St Waukegan Il 60085.
Business Banking & Commercial Services
Loan Options for Growth
Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $445 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $301,508,026, we continue to drive economic growth by financing new and expanding businesses.
Merchant Services That Make a Difference
In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine being able to accept payments seamlessly whether you're on-site or online. Our tailored solutions ensure that you can focus on what matters most growing your business while we handle the financial transactions securely and efficiently. Ready to take your business to the next level? Visit us today or give us a call at (847) 623-3636!
Comprehensive List Of Services
Auto Loans & Vehicle Financing
If you're dreaming of a new car or need reliable financing for a used vehicle, our auto loans make it possible. We understand that buying a car is a significant investment, which is why we provide competitive rates and flexible terms to suit your budget. Picture driving off in your dream car without the financial stress our team is ready to help you get there.
Business Banking Services
For local businesses, we offer tailored merchant services and business loans designed to help you thrive. Whether you're just starting out or looking to expand, our dedicated business banking team understands the unique challenges faced by entrepreneurs.
Convenient Access to Your Funds
We know how important it is to access your money when you need it. That's why we provide ATM services for quick cash withdrawals and balance checks, along with basic drive-thru banking for deposits and simple transactions. Our hours are designed around your busy life: Monday through Thursday from 9 AM - 5 PM, Friday from 9 AM - 6 PM, and Saturday from 9 AM - 1 PM. At Consumers, located at 2750 Washington St, Waukegan IL 60085, we strive to deliver financial solutions that fit seamlessly into your lifestyle. For any questions or assistance, don't hesitate to call us at 847-623-3636 or visit our website at myconsumers.org. Let us help you achieve your financial goals today!
Credit Cards with Rewards
Why not earn while you spend? Our credit cards come with rewards that give back for every dollar spent. Use them for everyday purchases or special occasions you'll enjoy perks that enhance your shopping experience while keeping your budget intact.
Mortgage Loans & Refinancing
Homeownership is within reach with our comprehensive mortgage options. Whether you're buying your first home or considering refinancing an existing mortgage, our knowledgeable staff will guide you through the process. We aim to make home financing straightforward so that you can focus on creating memories in your new space.
Personal Banking Solutions
Managing your money should be easy and convenient. That's why we offer checking and savings accounts designed for both everyday use and long-term savings goals. Imagine having a hassle-free way to deposit your paycheck or save for that special vacation. With our online and mobile banking services, you can check balances, transfer funds, and even pay bills with just a few taps on your smartphone.
Personal Loans & Debt Consolidation
Life can throw unexpected expenses your way. Our personal loans offer a safety net when you need it most. If you're looking to consolidate debt into one manageable payment, we can help with that too! We believe in helping our members achieve financial stability and peace of mind.
Digital & Online Banking
Key Features
Visit us online at https://www.myconsumers.org/ to explore our user-friendly online banking platform. You can easily manage your accounts 24/7, check balances, pay bills, and transfer funds all with a simple login. Our online banking is not just about accessibility; it's designed with top-notch security features to keep your information safe. We also offer electronic signature authorization, making it easy for you to sign documents securely without needing to visit a branch. Plus, with e-statements available, you can receive your account statements electronically, reducing paper clutter while keeping you informed. For those who enjoy mobile convenience, our mobile application allows you to bank anytime, anywhere. You can even make person-to-person transfers effortlessly send money to friends or family in seconds! And if you're someone who likes using your phone for payments, our mobile payments feature lets you pay directly from your device. With all these services at your fingertips, managing your finances has never been easier or more secure. Join us at Consumers and experience the benefits of modern banking today!
Financial Strength
Growing Trust
Total Share Accounts: 402,566, showing a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) stand at $2,811,193, further illustrating our capacity to meet your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Consumers is your trusted partner. Visit us at 2750 Washington St Waukegan IL 60085 or call 847-623-3636 to learn more about how we can help you achieve your financial goals.
Member-Centric Savings
Your savings are secured through $972,453,824 in share certificates and $288,461,304 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $123,830,551, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.
Operational Efficiency
Our net income of $0 reflects our commitment to operational efficiency while still enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 469 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.
Reinvestment for Better Services
With $174,880,549 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports your financial goals with $57,552 in used auto loans and a total of $2,472,658,478 in loans and leases available for various sectors.
Strong Financial Health
With a net worth of $322,851,294, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 917% 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 $1,085,589,876 in used vehicle loans and $350,105,038 in new vehicle loans already helping members get on the road. We believe in making car financing simple and accessible for everyone.
Business Loans
For business owners, our outstanding commercial loans totaling $301,508,026 provide the capital needed to grow and expand your business. We understand that every business is unique and are committed to finding solutions that work for you. If you're considering refinancing or would like more information about eligibility options for any of our products, please feel free to reach out to us at 847-623-3636. Our team is here to assist you in navigating your financial journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. At Consumers, we are dedicated to providing quality service and competitive rates to meet all your borrowing needs.
Mortgage Loans
Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $164,345,883, make buying or refinancing straightforward. We provide support throughout the process to help you find the right solution for your housing needs.
Unsecured Credit Cards
Managing everyday expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $90,799,554 in loans helping members manage their finances effectively. Our credit cards come with rewards that can benefit you while making purchases.
Loan Aggregator
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How LendMesh Ensures Accurate 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 rigorous sourcing guarantees that the offers presented are fair and transparent. Each listed loan comes with verified details, ensuring users can trust the information they receive.