Credit Union 1 Northlake IL | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Credit Union 1, your trusted financial partner located at 6 W North Ave, Northlake, IL 60164. Since our establishment in 1958, we have been dedicated to serving our community with a commitment to providing exceptional financial services tailored to meet your needs. With over 110,000 members and total assets reaching an impressive $1,921,186,884, we pride ourselves on being a cornerstone of financial support in the Northlake area. At Credit Union 1, we understand that every member has unique financial goals. Whether you're looking for personal banking solutions such as checking and savings accounts or seeking loans for your next vehicle or home, we've got you covered. Our portfolio includes total loans and leases amounting to 160,984, reflecting our strong dedication to helping our members achieve their dreams. While members can visit us at our branch address, official correspondence should be sent to 15 N Wolf Rd, Northlake, IL 60164-1644. Our team is here to assist you with a variety of services including auto loans, mortgage refinancing, and credit cards with rewards that make banking rewarding. Our leadership team led by CEO Todd Gunderson and Board President Robert Eberhardt is committed to maintaining the highest standards of service. With a workforce of 363 employees, we are equipped to provide personalized assistance whenever you need it. Join us in making a positive impact within our community. Visit us today or call us at 708-492-1400 to learn more about how Credit Union 1 can help you secure your financial future!

Branch History & Mission

Community Focus

At Credit Union 1, we believe in giving back to the community that supports us. Over the years, we've partnered with local organizations for outreach programs aimed at improving financial literacy and providing essential resources for those in need. This commitment underscores our mission: "We exist to help people achieve their financial goals." We understand that accessibility matters. That's why we provide convenient ATM access and drive-thru banking services for quick transactions. We also embrace digital advancements like online and mobile banking to ensure that managing finances is easy and efficient for everyone. While members can visit us at 6 W North Ave, official correspondence should be sent to 15 N Wolf Rd, Northlake, IL 60164-1644 if you require assistance or wish to engage with us further.

Join Us

As we look toward the future, we invite you to become part of our family at Credit Union 1. Experience firsthand how we can support your financial journey with personalized service and community-focused initiatives. Together, let's create a brighter financial future! For inquiries or more information about membership options, feel free to contact us at 708-492-1400 during our operating hours: Monday through Thursday from 8:30 AM to 5:00 PM, Friday until 6:00 PM, and Saturday until noon. Join us today because at Credit Union 1, your success is our mission!

Our Story

From the day we opened our doors, our mission has been clear: to provide affordable financial services while supporting the well-being of our members and the community. As we grew, so did our commitment to innovation and excellence. Today, Credit Union 1 proudly manages total assets of approximately $1.92 billion, ensuring that we can meet the diverse needs of our members. We offer a range of services, including personal banking solutions like checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards. We also cater to businesses with specialized banking services. Through these offerings, we strive to build lasting relationships with our members by understanding their unique financial situations.

Branch Location & Accessibility

Convenient Access

At Credit Union 1, we prioritize accessibility for all our members. Our branch is designed with ADA-compliant features, ensuring that everyone can easily navigate our space. We also offer ample parking right outside, so you can park with ease when you come to see us.

Enhanced Banking Experience

For added convenience, we provide ATM services on-site for quick cash withdrawals and balance checks. If you prefer the drive-thru option for your banking needs, we have that available too! Additionally, our shared service center allows members of partner credit unions to conduct basic transactions like deposits and withdrawals seamlessly. While members can visit us at 6 W North Ave Northlake Il 60164, official correspondence should be sent to our mailing address at 15 N Wolf Rd, Northlake, IL 60164-1644. If you have any questions or want more information about how we can help you achieve your financial goals, feel free to call us at (708) 492-1400. We look forward to welcoming you soon!

Operating Hours and Services

We understand that life can be busy, which is why we've tailored our operating hours to fit your schedule. Visit us Monday through Thursday from 8:30 AM to 5:00 PM, Friday from 8:30 AM to 6:00 PM, or Saturday from 8:30 AM to 12:00 PM. Whether you need personal banking services like checking and savings accounts or loans for your next vehicle or home, our friendly staff is ready to assist you.

Member Eligibility

At Credit Union 1, we believe that everyone deserves a chance to be part of a caring and supportive community. Becoming a member is easy and welcoming, especially if you live, work, or attend school in the areas we serve. We also extend our membership to family members of existing members, so you can share the benefits with your loved ones. You'll enjoy perks like personalized financial services, competitive rates on loans, and access to exclusive member events that truly make you feel valued. For more detailed information about eligibility requirements, check out our resource at . If you're ready to start your journey with us, feel free to reach out at (708) 492-1400 or visit us at 6 W North Ave Northlake Il 60164 for assistance in opening your account!

Business Banking & Commercial Services

Business Loan Options

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.

Merchant Services

But it's not just about loans. Our merchant services are designed to simplify transactions, allowing you to focus on what you do best running your business. Imagine having seamless payment processing that fits your needs, whether you're at a brick-and-mortar location or online. This means faster sales and happier customers. Visit us at 6 W North Ave Northlake Il 60164 in Northlake, IL, or give us a call at (708) 492-1400 to learn more about how our business banking and commercial services can fuel your success!

Comprehensive List Of Services

Community-Centered Services

At Credit Union 1, we value community connections. We offer basic shared branch transactions allowing partner credit union members to make deposits and withdrawals easily. This ensures that no matter where you are in Northlake or beyond, your banking needs are met without hassle. Our friendly staff is ready to assist you with any questions or concerns you may have about our services. You can reach us at 708-492-1400 during our operating hours: Monday through Thursday from 8:30 AM to 5:00 PM, Friday from 8:30 AM to 6:00 PM, and Saturday from 8:30 AM to 12:00 PM.

Convenience at Your Fingertips

We also know that convenience is key in today's fast-paced world. That's why we provide various digital banking features including Online & Mobile Banking, ensuring you have access to your accounts wherever you are. Need cash? Our ATM & Cash Withdrawal Services are available around the clock for easy access to funds. For quick transactions without the fuss, utilize our Drive-Thru Banking, where you can handle deposits, withdrawals, and simple transactions efficiently.

Let Us Help You Today

With a comprehensive suite of services designed with you in mind, we're here for all your financial needs. Visit us at Credit Union 1 today and experience how we can help improve your financial well-being! Explore more about what we offer by visiting our website at creditunion1.org. We look forward to serving you!

Personal Banking Made Easy

Navigating personal finance can feel overwhelming at times. That's why we offer Checking & Savings Accounts that suit your lifestyle. With our user-friendly online and mobile banking platforms, managing your accounts is just a click away. Imagine checking your balance from the comfort of your home or making deposits while on the go it's that convenient! If you're in the market for a vehicle, our Auto Loans & Vehicle Financing options provide competitive rates to help you drive away in your dream car. We also offer Mortgage Loans & Refinancing solutions designed to make home ownership attainable for everyone. Whether you're buying your first home or looking to refinance an existing mortgage, our team is here to guide you every step of the way.

Support for Your Financial Goals

In addition to traditional banking services, we understand life can throw unexpected challenges your way. That's why we offer Personal Loans & Debt Consolidation options that can help lighten the financial load when you need it most. Plus, our Credit Cards with Rewards make everyday purchases more rewarding. For those who run businesses, we haven't forgotten about you! Our Business Banking services include essential offerings like Merchant Services and Business Loans, giving entrepreneurs the support they need to thrive.

Digital & Online Banking

Key Features of Our Digital Services

Our online banking allows you to check balances, transfer funds, and pay bills with just a few clicks. With features like electronic signature authorization, signing documents has never been simpler or more secure. Plus, our e-statements are available for those who prefer to go paperless, helping you keep track of your finances while reducing clutter. For those who are always on the move, our mobile application offers all the functionality of online banking right in your pocket. You can use it to make mobile payments easily and securely, ensuring you can handle transactions wherever life takes you. Want to send money to a friend? Our person-to-person transfer feature lets you do that in no time!

Security and Ease-of-Use

We prioritize your security with robust measures in place, so you can feel safe when accessing your accounts online. Our user-friendly interface is designed for ease of use, making it simple even for those less familiar with technology. Managing your finances should be straightforward and hassle-free, which is why our digital banking options are tailored with you in mind. Experience the freedom of real-time account management with Credit Union 1's online banking services today!

Financial Strength

Growing Membership Base

We have a thriving member community with a total of 206,629 share accounts, showcasing the trust that members place in us. This strong membership base further reinforces our ability to provide valuable services tailored to your needs. 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 6 W North Ave Northlake Il 60164 or call 708-492-1400 to learn more about how we can help you achieve your financial goals.

Member-Focused Resources

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.

Operational Efficiency

Our operational efficiency is evident in our net income of $0, which allows us to continue offering competitive loan rates and solid financial products for our members. 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 and committed team.

Reinvestment for Growth

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 capacity to lend is supported by $104,644 in used auto loans and a total of $1,098,621,739 in loans and leases, which helps our members achieve their financial goals across various sectors.

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

Additional Information

If you're interested in refinancing any existing loans or checking eligibility options for our various products, please don't hesitate to ask us for more details during your visit or call. Our team is dedicated to finding the best financial solutions for you. 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 Credit Union 1, we're not just about lending; we're about building lasting relationships with our members. Visit us today to find out how we can help you achieve your financial dreams!

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 offer flexible terms and quick processing to ensure that you can drive off with your new vehicle as soon as possible.

Business Loans

For business owners, our outstanding commercial loans totaling $472,499,101 provide the capital needed to grow and expand your business. We understand the unique challenges faced by small businesses and are here to support you with tailored financing solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $42,698,983, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance your current mortgage, our competitive rates and personalized service will guide you every step of the way.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. Although we currently have no outstanding unsecured credit card loans, we are committed to helping our members manage their finances effectively when the opportunity arises.

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 ensures that all offers presented are fair and transparent. By working only with legitimate financial institutions, LendMesh guarantees verified data that users can trust.

Credit Union 1