Cooperative Choice Network Peoria IL Credit Union

Introduction

Welcome to Cooperative Choice Network, your trusted financial partner right here in Peoria, Illinois! Established in 1935, our credit union has been dedicated to serving the community and providing exceptional financial services for nearly nine decades. Located at 3927 N University St, Peoria, IL 61614, we pride ourselves on being more than just a place to bank; we're a community hub where members can grow their financial well-being. At Cooperative Choice Network, we understand that every member's journey is unique. With a total membership of 11,505 and assets exceeding $165 million, we are committed to offering personalized solutions tailored to your needs. Whether you're looking for loans, deposits, or investment opportunities, we have you covered with over $5.5 million in total deposits and a robust loan portfolio that includes 111,617 loans and leases. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address as our branch location. Our friendly team is always ready to assist you with any inquiries or services you may need. Under the leadership of CEO Joseph Webb and Board President John Machens, our dedicated staff of 26 employees works hard every day to provide a welcoming atmosphere where members feel valued and supported. As we continue to grow and evolve, we remain focused on building lasting relationships with our members and enhancing the financial health of our community. Feel free to reach out at (309) 672-5230 or explore more about our offerings on our website: www.ccncu.com. Join us today in experiencing the cooperative difference where your goals become ours!

Branch History & Mission

At Cooperative Choice Network, our story began in 1935, rooted in the heart of Peoria, IL. Over the decades, we have grown from a small credit union into a thriving financial cooperative that serves over 11,500 members. Our branch at 3927 N University St, Peoria, IL 61614 has been a cornerstone of the community for many years, providing not just financial services but also a sense of belonging and support to our members. As we reflect on our history, we celebrate key milestones that have shaped us. From our humble beginnings to amassing total assets of $165,069,575, we have continually adapted to meet the evolving needs of our members. Our commitment to customer service remains unwavering. We offer a variety of products and services designed to help members achieve their financial goals while ensuring they feel valued and understood. Our mission is clear: to empower our members through accessible financial solutions and community engagement. We strive to provide personalized banking experiences that foster growth and stability. We understand that being financially secure is not just about having access to funds; it's about building relationships and supporting one another in times of need. While members can visit us at 3927 N University St Peoria Il 61614, official correspondence should be sent to 3927 N University Street, Peoria, IL 61614 if it differs. Our operating hours are Monday through Friday from 8:00 AM to 5:00 PM, making it convenient for you to stop by and discuss your financial needs with our friendly staff. In addition to traditional banking services, we've embraced technology to enhance your experience. With online banking options and mobile payments available, managing your finances has never been easier. We are proud to be ADA compliant and strive to make our services accessible for everyone in the community. Our commitment extends beyond banking; we actively engage in partnerships and community outreach efforts aimed at improving the lives of those around us. By supporting local initiatives and charities, we reinforce our belief that together, we can create a brighter future for Peoria. Join us at Cooperative Choice Network and experience the difference a member-focused credit union can make in your life. Whether you're looking for loans, savings accounts, or simply guidance on your financial journey, we're here for you every step of the way. Your membership means more than just transactions; it means being part of a family dedicated to your success. For more information or to become a member today, please call us at (309) 672-5230 or visit our website at Cooperative Choice Network. Let's work together toward achieving your financial dreams!

Branch Location & Accessibility

Welcome to Cooperative Choice Network, your trusted financial partner located at 3927 N University St in Peoria, Illinois. Nestled conveniently in the heart of Peoria County, our branch is easily accessible for all members and prospective members. Whether you're stopping by to discuss your financial needs or simply need to use our services, you'll find us right near local landmarks that make your visit even easier. While members can visit us at 3927 N University St, official correspondence should be sent to the same address. Our location is designed with your convenience in mind. We have ample parking available, making it easy for you to pop in whenever you need assistance. Plus, our facility complies with ADA standards, ensuring that everyone can access our services comfortably. At Cooperative Choice Network, we understand that your time is valuable. That's why we offer convenient operating hours from Monday to Friday, from 8:00 AM to 5:00 PM. If you have questions or need assistance outside of these hours, feel free to call us at 309-672-5230; our friendly team is always ready to help. Although we currently do not have ATM or drive-thru services available at this branch, our team is here to provide personalized service directly inside the lobby. You can expect a warm welcome and expert guidance on all your banking needs. We invite you to stop by and discover how Cooperative Choice Network can support your financial journey. Whether you're looking for loans, savings options, or just want to learn more about what we offer, we're here for you! Come visit us today we look forward to serving you!

Member Eligibility

Welcome to the Cooperative Choice Network, where becoming a member means joining a community that truly cares about your financial well-being. To be eligible for membership at our branch located at 3927 N University St, Peoria, IL 61614, you simply need to meet a few friendly criteria. We welcome individuals who live, work, worship, or attend school in the area. If you're part of this vibrant community, you're likely already eligible! Plus, being a member comes with great benefits like lower loan rates and personalized service. Joining us is straightforward and welcoming. You can start the process by visiting our website for more details on eligibility and account opening here. If you have any questions or need assistance along the way, feel free to call us at 309-672-5230. We're excited to help you take this important step towards better financial health!

Business Banking & Commercial Services

Financing Solutions for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $34 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 $2,839,888, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Sense

Imagine having the ability to accept payments anytime, anywhere. Our merchant services provide practical benefits that streamline your operations. From credit card processing to online payment solutions, we ensure you can focus on what you do best running your business. Visit us at 3927 N University St Peoria Il 61614 in Peoria, IL, or call us at (309) 672-5230 to learn how we can help your business thrive!

Comprehensive List Of Services

Digital Banking Convenience

In today's fast-paced world, managing your finances on-the-go is essential. That's why we offer robust digital banking features that enhance your experience. With our online banking platform, you can check balances, transfer money, and manage payments right from the comfort of your home or while out and about. Need to send money to a friend quickly? Our person-to-person payment option makes it easy and efficient.

Personalized Financial Solutions

Whether you're just starting your financial journey or looking to expand your options, we offer tailored solutions for everyone. Our primary service includes ATM Services Only, ensuring you have convenient access to your funds whenever you need them. Picture this: you're out shopping and need cash for that spontaneous purchase. With our ATM services, you can easily withdraw cash without the hassle of a long wait.

Support When You Need It

Our friendly team is always here to help. If you have any questions about our services or need assistance with your account, don't hesitate to reach out at 309-672-5230. We're available Monday through Friday from 8:00 AM to 5:00 PM, ready to provide the personalized support you deserve. At Cooperative Choice Network, we're more than just a financial institution; we're a community committed to helping you achieve your financial goals. Visit us today or check out our website at ccncu.com for more information on how we can serve you better. Your financial wellness is our priority let's take this journey together!

Digital & Online Banking

Key Services

Our online banking platform provides a user-friendly experience that allows you to check balances, transfer funds, and pay bills with just a few clicks. You can also take advantage of our e-statements feature, which offers an eco-friendly way to view your statements securely online. No more waiting for the mail your financial information is always at your fingertips. For those on the go, our mobile application makes banking even more accessible. With features like mobile payments, you can make purchases directly from your smartphone without needing cash or cards. Plus, our person-to-person transfer service lets you send money to friends or family instantly, making it easy to split bills or lend a hand when needed.

Security You Can Trust

We take your security seriously. Our electronic signature authorization process ensures that your transactions are safe and verified. You can bank with peace of mind knowing that we're committed to protecting your personal information. Whether you're at home or out and about, Cooperative Choice Network's digital banking services are designed for real-time account management and ease of use. Experience the freedom of modern banking visit us online today!

Financial Strength

A Solid Foundation

With a net worth of $21,988,389, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.31% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Committed to Growth

With $7,903,308 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $77,161 in used auto loans and a total of $100,365,235 in loans and leases.

Growing Together

Total Share Accounts stand at 24,001, showing a strong and growing member base that trusts us with their finances. This growth underscores our commitment to supporting our community while maintaining an environment where your money works for you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Cooperative Choice Network is your trusted partner. Visit us at 3927 N University St Peoria IL 61614 or call 309-672-5230 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $155,723 net income 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 22 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team.

Your Savings Matter

Members' savings are secured through $43,649,747 in share certificates and $12,433,855 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 $38,294,992 in used vehicle loans and $24,239,130 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned option, we have tailored solutions to fit your budget.

Commercial Loans

For business owners, our outstanding commercial loans totaling $2,839,888 provide the capital needed to grow and expand your business operations. We understand the unique challenges that come with running a business and are committed to providing the financial support you need. At Cooperative Choice Network located at 3927 N University St Peoria IL 61614, we prioritize your financial well-being. If you're considering refinancing or exploring eligibility options for any of our loan products, please reach out! You can contact us at (309) 672-5230 during our operating hours from Monday to Friday between 8:00 AM and 5:00 PM. 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 providing clear and practical solutions for all your borrowing needs.

Credit Lines

For those looking for additional flexibility in their finances, our total credit lines amount to $10,260,000. This can be an excellent way to access funds when you need them without taking out a traditional loan.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $8,290,504, make buying or refinancing simple. We offer competitive rates and flexible terms to help you navigate the home-buying process with ease.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $3,767,682 in loans helping members manage their finances effectively. This product provides you with the purchasing power you need while keeping your finances under control.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency and reliability. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that empower users to make informed choices. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, users can quickly identify the best options available to them. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial reflects the positive experiences many have had while using the service. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

How LendMesh Ensures 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 guarantees that users receive fair and transparent offers. By using reliable sources, LendMesh eliminates guesswork and provides a trustworthy platform for loan comparisons.

COOPERATIVE CHOICE NETWORK CREDIT UNION