Corporate America Family Credit Union Elgin IL | Best Auto Loans & Business Banking

Introduction

Welcome to Corporate America Family, your trusted credit union located at 1950 Big Timber Rd, Elgin, IL 60123. Since our establishment in 1976, we have proudly served a vibrant community of over 66,158 members. At Corporate America Family, we believe in putting our members first, helping you navigate your financial journey with personalized services and competitive products. With total assets of $821,351,484 and deposits amounting to $22,903,050, we are committed to maintaining a strong financial foundation for our members. Our focus on community extends beyond numbers; we strive to make a positive impact through initiatives that support local growth and development. Under the guidance of our dedicated CEO, Stefanie Rupert, and Board President Thomas Rieck, we are continuously working towards enhancing your banking experience. While you can visit us at our branch for all your banking needs, official correspondence should be sent to the same address: 1950 Big Timber Rd, Elgin, IL 60123. Whether you're looking for personal banking options like checking accounts or loans such as auto loans and mortgages or business services like merchant solutions, we've got you covered. Our friendly team of 210 employees is always ready to assist you during our operating hours: Monday and Thursday from 7:30 AM to 4:30 PM, Tuesday and Friday from 8:30 AM to 5:30 PM, and Wednesday from 10:00 AM to 1:30 PM. Feel free to reach out at 847-242-8808 for any inquiries or assistance. Explore the benefits of membership today! We invite you to discover how Corporate America Family can support your financial goals. Visit us online at cafcu.org or stop by our branch; we're excited to help you thrive!

Branch History & Mission

Welcome to the inspiring story of Corporate America Family, located at 1950 Big Timber Rd, Elgin, IL 60123. Since opening our doors in 1976, we have dedicated ourselves to serving our community with passion and integrity. Over the years, we have grown to support 66,158 members and manage total assets of approximately $821,351,484. This journey reflects our commitment to fostering financial well-being for all. At Corporate America Family, our mission is clear: to provide accessible financial services that empower our members and uplift our community. We believe in creating a supportive environment where individuals can achieve their financial goals, whether it's through personal banking services like checking and savings accounts or more specialized offerings such as auto loans, mortgage refinancing, and business banking solutions. Throughout our history, we have embraced change and innovation while staying true to our core values. Our branch has continually evolved to meet the needs of our members, implementing digital advancements that enhance convenience without sacrificing personal connection. From online banking to mobile payments, we ensure that our members have access to their finances whenever they need it. Our location in Elgin places us at the heart of a vibrant community filled with opportunities for outreach and partnership. We engage actively with local organizations to support various initiatives aimed at improving lives within our neighborhoods. Whether through financial education workshops or community sponsorships, we strive to make a meaningful impact. While members can visit us at 1950 Big Timber Rd, official correspondence should be sent to the same address for convenience. Our branch operates with flexible hours Monday and Thursday from 7:30 AM to 4:30 PM; Tuesday and Friday from 8:30 AM to 5:30 PM; and Wednesday from 10:00 AM to 1:30 PM ensuring that we are available when you need us most. For those who prefer in-person transactions, we offer drive-thru banking services along with ATM availability for quick access to cash. Additionally, we're proud to be part of a shared service center network, providing even more options for your banking needs. As we look towards the future, we invite you to join us on this journey. Experience the benefits of membership with Corporate America Family a place where your financial aspirations are not just met but celebrated. Together, let's build a brighter financial future for you and your community! For more information or assistance, please feel free to call us at 847-242-8808 or visit our website at www.cafcu.org.

Branch Location & Accessibility

Accessibility Features

At our branch, we prioritize making banking easy and comfortable for everyone. Our location is fully ADA-compliant, featuring ramps and accessible parking spaces. Whether you're visiting for a quick transaction or need assistance with more complex services, our team is here to help.

Come Visit Us!

Whether you're looking for personal banking options like checking accounts or auto loans, or business services such as merchant solutions, we're ready to assist you. Feel free to give us a call at 847-242-8808 if you have any questions or need assistance before your visit. We look forward to welcoming you at Corporate America Family in Elgin!

Comprehensive Services

Our branch is equipped with an ATM for your convenience and provides drive-thru banking so you can handle deposits and withdrawals without leaving your car. Plus, if you are a member of a partnering credit union, you can take advantage of shared services right here at our location.

Convenient Operating Hours

We understand that life can get busy. That's why we offer flexible operating hours to fit your schedule! You can visit us on Mondays and Thursdays from 7:30 AM to 4:30 PM, Tuesdays and Fridays from 8:30 AM to 5:30 PM, and on Wednesdays from 10:00 AM to 1:30 PM.

Member Eligibility

At Corporate America Family, we believe that everyone deserves a chance to thrive in their financial journey, and becoming a member is your first step toward joining our supportive community. To be eligible for membership at Corporate America Family, you simply need to meet a few friendly criteria whether you live, work, worship, or attend school in the area, you're likely to qualify! We warmly welcome individuals from various backgrounds because we understand that diversity enriches our community. For complete details on eligibility, feel free to check out our resource. Joining is easy! Once you've confirmed your eligibility, opening an account with us is just a phone call away. You can reach us at (847) 242-8808 to get started or simply visit us at our branch located at 1950 Big Timber Rd Elgin Il 60123. We're excited to help you take this important step toward achieving your financial goals!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $147 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $59,909,598, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced market, having efficient payment solutions is crucial. Our merchant services simplify transactions, allowing you to focus on what matters most growing your business. Imagine being able to accept payments seamlessly while offering customers the convenience they expect. With our tailored solutions, you'll gain the tools needed to enhance customer satisfaction and boost your bottom line. Visit us at 1950 Big Timber Rd Elgin Il 60123 in Elgin, IL, or call us at (847) 242-8808 to learn how our business banking services can fuel your success!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM services allow for easy withdrawals and balance checks whenever you need them. And if you prefer a more personal touch, our basic drive-thru banking options are available for deposits, withdrawals, and simple transactions.

Business Banking

If you're a business owner, Corporate America Family has got you covered as well. Our business banking services include merchant services and business loans designed to support your growth and success. We believe in empowering local businesses, helping them thrive within the community.

Credit Options

Managing debt can be challenging, but we're here to assist you with personal loans and debt consolidation solutions. Plus, our credit cards come with rewards that allow you to earn while you spend perfect for everyday purchases or special occasions.

Digital Banking Convenience

In today's fast-paced world, we recognize the importance of digital access. With our online and mobile banking services, managing your finances is just a click away. You can check balances, transfer funds, and even make payments on-the-go making it easier than ever to stay on top of your financial commitments.

Personal Banking

We understand that every member has different banking needs. That's why our personal banking services include checking and savings accounts tailored to fit your lifestyle. Need a car? Our auto loans and vehicle financing options can help you get behind the wheel without breaking the bank. For those looking to buy a home or refinance an existing mortgage, we offer competitive mortgage loans that make homeownership more attainable.

Shared Branch Transactions

For members who belong to partner credit unions, we also offer shared branch transactions. This means that whether you're depositing or withdrawing funds, you'll have access to essential banking services through our network of partners. At Corporate America Family, we strive to create a warm and inviting atmosphere where every member feels valued. If you're ready to explore how we can support your financial goals, give us a call at (847) 242-8808 or visit us today! Together, let's build a brighter financial future.

Digital & Online Banking

Convenient Online Access

With our robust online banking platform available at http://www.cafcu.org, you can manage your accounts 24/7. Whether you're checking balances, transferring funds, or paying bills, everything you need is just a click away. Our user-friendly interface makes it simple for everyone to navigate their financial tasks without hassle.

Mobile Banking on the Go

For those who prefer banking from their smartphones, our mobile application is here to help. Available for download, it allows you to access your accounts right from your pocket. Need to send money to a friend? Our person-to-person transfer feature makes sharing expenses easy and quick. Plus, if you enjoy using mobile payments, you'll appreciate our support for this feature making transactions smoother than ever.

Secure and Efficient

Security is our top priority. While we don't currently offer electronic signature authorization, rest assured that all your online transactions are protected with the latest security measures. You can also opt for e-statements to keep track of your finances without the clutter of paper statements. In short, Corporate America Family offers a comprehensive suite of digital banking tools that cater to your busy lifestyle. With real-time account management at your fingertips, you'll always have the information you need when you need it. Embrace convenience and take charge of your finances today!

Financial Strength

Commitment to Growth

With $104,439,500 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 your financial goals with $99,304 in used auto loans and $599,585,227 in total loans and leases.

Operational Efficiency

Our $1,117,394 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 209 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $105,289,534 in share certificates and $191,396,967 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $81,043,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Foundation

With a net worth of $113,141,879, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.75% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusting Relationship

Total Share and Deposit Accounts: 115,308, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $2,519,853 highlight our ability to meet the needs of our community effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Corporate America Family is your trusted partner. Visit us at 1950 Big Timber Rd Elgin Il 60123 or call (847) 242-8808 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $220,675,369 in used vehicle loans and $69,309,420 in new vehicle loans already helping members get on the road. We make it easy for you to finance your next vehicle with flexible terms and competitive rates.

Business Loans

For business owners, our outstanding commercial loans totaling $59,909,598 provide the capital needed to grow and expand. We understand the unique challenges faced by businesses today and are here to assist in achieving your business goals. Whether you're interested in refinancing an existing loan or exploring eligibility options for any of our loan products, our team is ready to help you navigate the process. Visit us at 1950 Big Timber Rd Elgin Il 60123 in Elgin, IL, or give us a call at (847) 242-8808 for more information. 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 Corporate America Family, we are committed to providing resources and services that empower our members' financial journeys.

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $62,253,979, make buying or refinancing simple. We aim to support you through every step of the home financing process, ensuring you find a solution that fits your budget.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $14,958,002 in loans helping members manage their finances effectively. Our credit cards come with various benefits to help you control spending while earning rewards.

Loan Aggregator

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CORPORATE AMERICA FAMILY CREDIT UNION - Elgin, IL

Type of Loan Offerings

Student Loans

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