Credit Union 1 Rantoul IL | Affordable Vehicle Loans & Quick Personal Loans

Introduction

Welcome to Credit Union 1, your trusted financial partner located at 200 E Champaign Ave, Rantoul, IL 61866. Since our establishment in 1958, we have proudly served over 110,000 members with a commitment to providing accessible and affordable financial services tailored to meet your needs. As a member-owned cooperative, we prioritize your financial well-being and community growth. At Credit Union 1, we manage a robust portfolio of assets totaling an impressive $1,921,186,884. Our dedication to responsible lending is reflected in our extensive range of services, with total loans reaching 160,984. Our members benefit from total deposits of $593,117,389, ensuring that your savings are secure and working hard for you. We understand the importance of community impact. Under the leadership of our CEO, Todd Gunderson, and Board President, Robert Eberhardt, we strive to foster an environment where every member feels valued and empowered. Our team of 363 employees is here to assist you with everything from personal banking and auto loans to mortgage refinancing and business services. While members can visit us at our branch address for face-to-face assistance, official correspondence should be sent to the same address: 200 E Champaign Ave, Rantoul, IL 61866-2930. Whether you're looking for a checking account or exploring loan options, we're excited to help you achieve your financial goals. Don't hesitate to reach out at 800-252-6950 or explore our services online at Credit Union 1. Your journey towards better financial health starts here!

Branch History & Mission

Community Impact

Our commitment goes beyond financial transactions; we actively participate in community outreach efforts and partnerships that make a positive impact in Rantoul and beyond. Whether it's sponsoring local events or offering educational workshops on financial literacy, Credit Union 1 is dedicated to making a difference. For those who prefer convenience, we offer drive-thru banking services as well as ATM availability at our branch. While members can visit us at 200 E Champaign Ave Rantoul Il 61866, official correspondence should be sent to 200 E Champaign Ave, Rantoul, IL 61866-2930.

Join Us

We invite you to become part of the Credit Union 1 family today! Experience the benefits of membership where your financial needs are prioritized and your voice matters. For more information about joining or our range of services, please call us at (800) 252-6950 or visit us online at Credit Union 1. Together, let's build a brighter future!

Our Evolution

Credit Union 1 has seen remarkable milestones throughout the years. From our initial offerings of basic savings and loan services, we have expanded our financial products to meet the diverse needs of our community. Today, we proudly provide a wide array of services including personal banking, auto loans, mortgages, and business banking solutions. As we've evolved, so too has our commitment to innovation; we now offer convenient online and mobile banking options that allow members to manage their finances with ease.

Our Mission Statement

At Credit Union 1, our mission is clear: to enhance the quality of life for our members through exceptional financial services while supporting and enriching our local community. We believe in the power of community and strive to create meaningful relationships with each member who walks through our doors. Our goal is not just to provide financial products but also to foster an environment where everyone feels valued and supported. We are proud of our total assets exceeding $1.9 billion and the strong financial foundation this represents for our members. With dedicated staff ready to assist you during lobby hours from 8 AM to 5 PM on weekdays, we ensure that every visit is met with personalized service.

Branch Location & Accessibility

A Hub of Banking Services

While you can come to our branch for all your personal banking needs like checking and savings accounts, auto loans, and mortgage refinancing we also offer shared services for members of partner credit unions. This means that whether you need a simple deposit or withdrawal, you can do so with ease right here. We invite you to experience the friendly atmosphere and helpful staff at Credit Union 1. Feel free to drop by our Rantoul location or give us a call; we're excited to help you achieve your financial goals!

Accessible Services and Amenities

At Credit Union 1, we prioritize your convenience and accessibility. Our branch features ample parking and complies with ADA guidelines, ensuring that everyone can visit us comfortably. We offer both ATM services and a drive-thru for quick transactions without leaving your vehicle perfect for those busy days! Our operating hours are designed to fit your schedule. We're open Monday through Friday from 8 AM to 5 PM, so you can stop by before or after work or during your lunch break. If you have any questions or need assistance, don't hesitate to call us at 800-252-6950.

Member Eligibility

Welcome to the community at Credit Union 1! Becoming a member is not just about opening an account; it's about joining a supportive network that truly cares about your financial well-being. If you're wondering if you qualify, the good news is that many individuals can join us! Generally, eligibility includes anyone who lives, works, worships, or attends school in the local area. It's our way of keeping things personal and connected. You can find more specific details about the eligibility criteria by visiting this link. Opening an account at Credit Union 1 is straightforward and welcoming. With a variety of services designed for everyone from checking accounts to loans there's something here for you. If you have any questions or want to get started, feel free to give us a call at (800) 252-6950. We're excited to help you take this important step towards better banking!

Business Banking & Commercial Services

Commercial 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

In addition to loans, we offer practical merchant services designed to simplify day-to-day operations. Imagine having the ability to accept payments easily and securely while managing your cash flow effectively. Our merchant services can help streamline transactions so you can focus on what you do best running your business. Visit us at 200 E Champaign Ave Rantoul Il 61866 in Rantoul, IL, or give us a call at (800) 252-6950 to learn how our business banking solutions can empower your success!

Comprehensive List Of Services

Business Banking

If you're an entrepreneur or small business owner, our business banking services include merchant services and business loans aimed at supporting your growth. Running a business is hard work; let us help lighten that load so you can focus on what matters most your passion.

Convenient Access

At Credit Union 1, convenience is key. We offer ATM and cash withdrawal services, along with basic drive-thru banking for deposits and withdrawals without leaving your car. Plus, if you're a member of another partner credit union, our shared branch transactions allow you to handle deposits and withdrawals with ease. In addition to all these fantastic services, our branch at 200 E Champaign Ave Rantoul, IL 61866 is ready to assist you during lobby hours from 8 AM to 5 PM Monday through Friday. If you have any questions or need assistance, feel free to call us at 800-252-6950. Explore how we can support your financial journey today! Visit us online at Credit Union 1 or stop by our branch for personalized service tailored just for you!

Credit Cards

Our credit cards with rewards provide an excellent way to earn while you spend. Enjoy cashback on purchases or travel points that can be redeemed for exciting experiences. It's not just about spending; it's about getting value back from what you buy.

Home Financing

Looking to buy a home or refinance your existing mortgage? Our mortgage loans and refinancing services are designed to make home ownership more accessible. We offer personalized guidance throughout the process, helping you find the right loan for your situation. Picture yourself settling into your new home with confidence in your financial decisions.

Personal Banking

We understand that managing finances can sometimes feel overwhelming. That's why we offer personal banking services like checking and savings accounts designed to help you manage your everyday finances efficiently. With our online and mobile banking options, you can access your accounts anytime, anywhere. You can easily check balances, transfer funds, and even pay bills with just a few taps on your smartphone.

Personal Loans

For those unexpected expenses or projects you've been putting off, consider our personal loans and debt consolidation options. Life can throw curveballs, but having access to funds can make all the difference. Whether it's medical bills or home improvements, we're here to assist you every step of the way.

Vehicle Financing

When it comes to purchasing a vehicle, we have you covered with competitive auto loans and vehicle financing options. Whether you're eyeing a brand-new car or a reliable used one, our team is here to guide you through the loan process, ensuring you get the best rates possible. Imagine cruising down the road in your new ride our financing makes it easier than ever!

Digital & Online Banking

At Credit Union 1, we understand that managing your finances should be easy and secure. That's why we offer a range of digital and online banking services designed to fit your busy lifestyle. With our user-friendly platform, you can access your accounts anytime, anywhere. One of the standout features is our 24/7 online banking services available at https://www.creditunion1.org/. This means you can check your account balances, pay bills, and transfer money with just a few clicks. Whether it's the middle of the night or during your lunch break, you have full control over your finances whenever you need it. Our mobile application takes convenience a step further, allowing you to manage your accounts right from your smartphone. You can make person-to-person transfers easily, send money to friends or family without hassle, and enjoy the convenience of mobile payments for quick transactions at stores or online. For those who prefer going paperless, we offer e-statements, so you can view your account statements electronically whenever you want. Plus, with electronic signature authorization, signing documents is simple and secure no more waiting for paperwork in the mail. All these features are built with security in mind. We prioritize protecting your personal information while ensuring ease-of-use. By choosing Credit Union 1, you're not just getting access to modern banking tools; you're joining a community that values your time and security. Explore how easy banking can be by visiting us online at https://www.creditunion1.org/. Your financial journey starts here!

Financial Strength

Committed Team Ready to Serve You

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. Total Share Accounts stand at 206,629, showing a strong and growing member base that trusts us with their finances. 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 200 E Champaign Ave Rantoul Il 61866 or call (800) 252-6950 to learn more about how we can help you achieve your financial goals.

Investing in Our Future Together

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 further illustrated by our $104,644 in used auto loans and $1,098,621,739 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is highlighted by our $0, which enables us to continue offering competitive loan rates and solid financial products for our members.

Member-Centric Savings

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 Position

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. This robust net worth reflects our commitment to serving you with integrity and excellence. 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 competitive interest rates that make financing your next vehicle straightforward and affordable.

Commercial Loans

For business owners, our outstanding commercial loans totaling $472,499,101 provide the capital needed to grow and expand your enterprise. We recognize that businesses require tailored solutions and are committed to offering products that meet those specific needs. If you're interested in refinancing options or checking your eligibility for any of our loan products, please don't hesitate to contact us or visit our website at Credit Union 1. 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 here to help you navigate your financial journey with confidence!

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. We aim to guide you through the mortgage process with clear information and support tailored to your individual needs.

Personal Loans and Credit Lines

For those looking for additional financial flexibility, we offer personal loans and credit lines totaling $350,044,200. These options can help cover unexpected expenses or consolidate debt into manageable payments.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans; however, currently there are no outstanding unsecured credit card loans available. This means our focus is on providing solid alternatives through other lending products.

Loan Aggregator

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Ensuring 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 means you can trust that the offers displayed are both fair and transparent. Each lender featured on LendMesh is vetted for legitimacy, ensuring that the data you receive is accurate and current.

Credit Union 1