Credit Union 1 Chicago IL | Best Auto Loans & Business Banking

Introduction

Welcome to Credit Union 1, your trusted financial partner located at 2030 N Halsted St, Chicago, IL 60614. Established in 1958, our commitment to serving the community has only grown stronger over the years. We proudly support a diverse membership of over 110,000 individuals, offering personalized banking solutions that meet your unique needs. At Credit Union 1, we believe that financial success is built on trust and transparency. With total assets of $1,921,186,884 and total deposits reaching $593,117,389, we ensure your money is secure while providing competitive rates on loans and savings. Our dedicated team of 363 employees is here to assist you with everything from auto loans to business banking services. Led by our CEO Todd Gunderson and Board President Robert Eberhardt, our leadership team is deeply invested in your financial well-being. We take pride in fostering a supportive environment where members feel valued and empowered. With a net worth of $170,866,746 and cash in hand totaling $14,753,401, we are well-positioned to help you achieve your goals. While members can visit us at our branch location for friendly service, any official correspondence should be sent to the same address for convenience. Whether you're looking to open a new account or explore loan options like our total loans outstanding of 160,984 we invite you to reach out. Feel free to give us a call at 800-252-6950 or visit us online at Credit Union 1. We're excited to be part of your financial journey!

Branch History & Mission

Welcome to Credit Union 1, a place where community values meet financial empowerment. Established in 1958, we have grown alongside our vibrant neighborhood in Chicago, IL, building a legacy of trust and support for our members. Our branch, located at 2030 N Halsted St, has become a cornerstone of the community, offering not just financial services but also a commitment to uplifting those around us. Over the decades, Credit Union 1 has seen remarkable growth. Today, we proudly serve over 110,000 members and manage total assets exceeding $1.9 billion. This journey reflects our dedication to meeting the diverse needs of individuals and families within our community. We understand that financial health is about more than just numbers; it's about people. That's why we offer a range of services from checking and savings accounts to auto loans and mortgages, all designed with your best interests in mind. Our mission is simple yet profound: to provide high-quality financial services while fostering a strong sense of community. We believe that everyone deserves access to affordable banking solutions. Our team is dedicated to helping you achieve your financial goals, whether you're saving for your first home or planning for retirement. At Credit Union 1, we are committed to innovation as well. With features like online banking, mobile payments, and ATM services available right here in our branch, managing your finances has never been easier. Plus, our drive-thru banking ensures you can complete your transactions quickly without sacrificing convenience. While members can visit us at 2030 N Halsted St, official correspondence should be sent to 2030 N Halsted St, CHICAGO, IL 60614-7893 if different from our branch address. Our operating hours are designed to fit your busy schedule: we're open Monday through Friday from 9 AM to 5 PM. Community outreach is at the heart of what we do. We partner with local organizations to support various initiatives aimed at improving lives in Chicago. From financial literacy workshops to charitable events, we strive to make a positive impact beyond just banking. We invite you to join us on this journey. Experience firsthand the benefits of being part of Credit Union 1 a place where you're not just another account number but an important member of our family. Come visit us or call us at 800-252-6950 to learn more about how we can help you take charge of your financial future!

Branch Location & Accessibility

Welcome to Credit Union 1, your friendly financial partner located at 2030 N Halsted St in the heart of Chicago, IL. Our branch is conveniently situated near popular local spots, making it easy for you to stop by whether you're running errands or enjoying a day out. With ample parking and ADA-compliant accessibility features, we ensure that everyone can visit us comfortably. While you can reach us at our physical location on Halsted Street, please note that any official correspondence should be sent to the same address. Our branch operates during convenient hours from Monday through Friday, opening at 9 AM and closing at 5 PM, so you can find time to meet with us that fits your busy schedule. At Credit Union 1, we pride ourselves on providing a range of services tailored to meet your needs. Whether you're looking for personal banking options like checking and savings accounts, need assistance with auto loans or mortgage refinancing, or require business banking solutions, our knowledgeable staff is here to help. We also offer a drive-thru service for quick deposits and withdrawals, as well as ATM access for your convenience. If you're part of another credit union, you can take advantage of our shared service center capabilities for basic transactions too! For any questions or assistance, don't hesitate to give us a call at 800-252-6950. We look forward to welcoming you soon!

Member Eligibility

Becoming a member of Credit Union 1 is like stepping into a welcoming community where your financial well-being is the priority. If you live, work, worship, or attend school in the Chicago area, you're already eligible to join us! We aim to create an inclusive environment for everyone, ensuring that our services fit your unique needs. Membership at Credit Union 1 comes with a host of benefits, from competitive loan rates to personalized banking solutions designed just for you. To learn more about the specific eligibility requirements and to see if you qualify, please check out this resource. Opening an account is simple and straightforward; just give us a call at (800) 252-6950, and we'll guide you through the process. You can find us at 2030 N Halsted St Chicago Il 60614 we're excited to help you start your journey with us!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to our loan offerings, our merchant services are designed to simplify everyday operations. Imagine having a payment processing solution that lets you accept payments quickly and easily, whether in-store or online. This means you can focus more on what you do best running your business while we handle the transactions smoothly. If you're looking for a partner to help you navigate your financial needs, reach out to us at 2030 N Halsted St Chicago Il 60614 in Chicago, IL. Let's work together to build a brighter future for your business!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $496 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $40 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $472,499,101, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

If you're a small business owner, we haven't forgotten about you! Our business banking services include merchant services and business loans aimed at helping your venture thrive. Whether it's funding for expansion or tools for efficient operations, we are here as your partner in growth.

Convenience at Your Fingertips

We understand that life gets busy. That's why our branch offers essential ATM services for easy cash withdrawals and balance checks. For those times when you need assistance in person, our drive-thru banking allows for quick deposits and withdrawals without leaving your car. Plus, if you're a member of a partner credit union, take advantage of shared branch transactions to access your accounts seamlessly. In today's fast-paced world, having reliable digital banking features is crucial. At Credit Union 1, we offer mobile payments and person-to-person transfers so that sharing expenses with friends or family is just a click away. If you have questions or need assistance, feel free to reach out to us at 800-252-6950. Our friendly team is ready to help! We invite you to visit us at Credit Union 1 in Chicago or explore more about our services online at creditunion1.org. Your financial well-being is our priority!

Home Financing Made Easy

Thinking about buying a home? Our mortgage loans and refinancing options provide flexible solutions tailored for you. Picture stepping into your new home sooner than you thought possible with our helpful guidance throughout the entire process. If you're looking to consolidate debt or cover unexpected expenses, our personal loans can give you the financial relief you need without stress.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, our personal banking options cater to all your everyday needs. Imagine managing your finances effortlessly with online and mobile banking at your fingertips. You can check balances, transfer funds, and pay bills anytime, anywhere. Additionally, we offer auto loans and vehicle financing that make purchasing your dream car more accessible than ever. With competitive rates, we ensure that your journey towards ownership is smooth and affordable.

Rewarding Credit Options

For those who enjoy shopping and travel, our credit cards with rewards give you great benefits while making purchases. Enjoy points on every dollar spent that can be redeemed for exciting rewards it's like earning while you spend!

Digital & Online Banking

Mobile Banking Convenience

On top of our robust online banking options, we also offer a mobile application that allows you to bank right from your smartphone. Enjoy mobile payments for quick transactions and person-to-person transfers that make sending money to friends and family effortless. At Credit Union 1, we are committed to providing a banking experience that is not only accessible but also user-friendly. Whether you're checking your account late at night or making an instant payment during lunch, we've got you covered every step of the way. Explore all our digital banking features today!

Online Banking Services

Our online banking services are available at https://www.creditunion1.org/ and provide you with real-time access to your accounts. You can check balances, pay bills, and transfer funds with just a few clicks. Whether you're at home or out and about, you have complete control over your finances whenever you need it.

User-Friendly Features

We prioritize security without sacrificing ease of use. With features like electronic signature authorization, signing documents has never been simpler or more secure. Plus, e-statements are readily available, allowing you to keep track of your transactions without the clutter of paper statements.

Financial Strength

Committed Team

We also take pride in having 357 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our operational efficiency is reflected in our $0, allowing us to continue offering competitive loan rates and solid financial products for our members.

Growing Membership Base

Our strong member base is evident with a total of 206,629, showing that many individuals trust us with their finances. The funds available for lending stand at $0, further emphasizing our ability to support your needs. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Credit Union 1 is your trusted partner. Visit us at 2030 N Halsted St Chicago Il 60614 or call (800) 252-6950 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.

Investing in Your Future

With $89,166,175 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant; we have $104,644 in used auto loans and $1,098,621,739 in total loans and leases, supporting our members' financial goals across various sectors.

Secure Savings Options

Members' savings are secured through $161,624,713 in share certificates and $105,793,521 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $65,120,499, 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 $170,866,746, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $982 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 $212,262,689 in used vehicle loans and $35,630,466 in new vehicle loans already helping members get on the road. We provide flexible terms and refinancing options to ensure you can drive away with confidence.

Business Financing

For business owners, our outstanding commercial loans totaling $472,499,101 provide the capital necessary for growth and expansion. We are dedicated to supporting local businesses in their pursuit of success. At Credit Union 1, we also prioritize transparency. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. If you're ready to explore your options or have any questions about eligibility or refinancing opportunities, don't hesitate to reach out! Contact us at 800-252-6950 today. Together, let's navigate your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $42,698,983, which can help you secure the perfect place to call home.

Personal Loans and Credit Lines

Need extra cash for unexpected expenses? Our unsecured credit card loans allow for effective financial management with total loans amounting to $0 currently available. Additionally, we offer credit lines totaling $350,044,200, giving you the flexibility you need when it matters most.

Loan Aggregator

Benefits of Using LendMesh

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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 approach guarantees fair and transparent offers, allowing users to make informed decisions with confidence.

Credit Union 1