First Northern Credit Union Chicago IL | Affordable Vehicle Loans & Business Banking

Introduction

At First Northern, we believe in building strong relationships with our members and supporting the community. Located at 541 N Fairbanks Ct, Chicago, IL 60611, our branch has been serving you since 1944. With a commitment to providing exceptional financial services, we proudly support over 22,100 members and manage total assets of $329,687,679. While members can visit us at our branch for personalized service, official correspondence should be sent to the same address for convenience. Our dedicated team of 73 employees, led by CEO Edward Berg and Board President Gerald Partch, is here to assist you with a wide range of services from personal banking and auto loans to business banking solutions. We understand that your financial needs are unique. That's why we offer various options like checking and savings accounts, mortgage loans, credit cards with rewards, and more. As part of our commitment to accessibility, we provide online and mobile banking options so you can manage your finances whenever it suits you. With total deposits exceeding $17,318,331 and a net worth of $32,044,358, you can trust that your money is safe with us. Our mission is to empower our members by offering competitive rates on loans over 11,762 loans and leases have already been approved! Whether you're looking to save for the future or make a significant purchase today, we're here to guide you every step of the way. Feel free to reach out via phone at 312-394-8500 or explore our website at fncu.org for more information. Join us in achieving your financial goals; together, we can build a brighter future!

Branch History & Mission

At First Northern, we take pride in our rich history and commitment to serving the community. Established in 1944, our branch located at 541 N Fairbanks Ct, Chicago, IL 60611 has grown alongside the city, adapting to the changing needs of our members. Over the years, we have welcomed more than 22,000 members who trust us with their financial needs. Today, with total assets reaching an impressive $329,687,679, we stand as a pillar of support for individuals and families alike. Our mission is simple yet profound: to provide exceptional financial services while fostering a sense of community and belonging. We strive to empower our members through accessible banking solutions that include personal checking and savings accounts, auto loans, mortgage financing, and credit card options with rewards. Beyond just banking, we aim to make a positive impact in our neighborhood through various outreach initiatives. While you can always reach us at our main address for your banking needs, official correspondence should be directed to the same address: 541 N Fairbanks Ct, Chicago, IL 60611. Our doors are open Monday through Tuesday and Thursday through Friday from 8:00 AM to 4:30 PM, and on Wednesday from 9:30 AM to 4:30 PM. We also offer convenient ATM services for quick cash withdrawals and balance checks. In this digital age, First Northern continues to innovate by providing online banking services that allow members to manage their finances easily from anywhere. Our commitment extends beyond technology; we ensure ADA compliance so that all members can access our services comfortably. As part of our dedication to the community, we partner with local organizations to support various initiatives aimed at enhancing the quality of life in Chicago. We believe in giving back and creating opportunities for everyone. Join us at First Northern and experience a credit union where you're not just a number but part of a family. Together, let's build a brighter financial future! For more information or to become a member today, give us a call at 312-394-8500 or visit us online at First Northern.

Branch Location & Accessibility

ATM Availability

Need quick access to cash? Our branch features an ATM that allows you to withdraw funds or check your balance without stepping inside. While members can visit us at 541 N Fairbanks Ct for all their banking needs, official correspondence should be sent to the same address for consistency.

Call to Action

We invite you to drop by First Northern today! Our dedicated team is ready to assist you with any questions or services you may need. If you prefer, give us a call at 312-394-8500 we're here for you!

Nearby Landmarks and Accessibility

Situated near popular spots like the historic Water Tower and the bustling shopping district of Michigan Avenue, our branch is easy to find. We take pride in being accessible to everyone, featuring ADA-compliant entrances and ample parking options nearby. If you're arriving via public transport, you'll find that our location is well-connected by bus routes and trains.

Operating Hours and Services

We understand that life can be busy, which is why our lobby hours are tailored for your convenience. Join us Monday, Tuesday, Thursday, and Friday from 8:00 AM to 4:30 PM or stop by on Wednesday from 9:30 AM to 4:30 PM. At First Northern, we offer a range of services designed to help you manage your finances effectively from personal checking and savings accounts to auto loans and credit cards with rewards. Plus, we provide basic shared branch transactions for partner credit union members.

Member Eligibility

Becoming a member of First Northern is like joining a family where your financial well-being is the top priority. Located at 541 N Fairbanks Ct Chicago Il 60611, we welcome anyone who lives, works, worships, or attends school in our community. You're not just a number here; you're a valued member with access to personalized services and a supportive environment. Membership brings you benefits such as competitive rates on loans and savings, along with convenient banking options that fit your lifestyle. The process to join is straightforward and designed for everyone. To get started, simply visit us online for more details about eligibility at http://www.fncu.org/about/membership. If you're ready to open an account, head over to https://fncu.cbzsecure.com/auth/new-user where you can complete your application in just a few clicks. Should you have any questions or need assistance, feel free to call us at (312) 394-8500. We're excited to welcome you into our community!

Business Banking & Commercial Services

Business Loan Options

Imagine securing the funds needed to take your business to the next level. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 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 $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that make transactions smooth and efficient for your customers. Imagine having the ability to accept payments easily whether it's in-store or online making it convenient for your clients while boosting your sales. Our team at First Northern, located at 541 N Fairbanks Ct Chicago Il 60611, Chicago, IL, is dedicated to helping you find the right financial solutions. Reach out today at (312) 394-8500 and discover how we can support your business journey!

Comprehensive List Of Services

Business Banking

For our business members, we have specialized services like merchant services and business loans. We recognize the unique challenges businesses face and strive to provide solutions that help you thrive in today's economy.

Credit Cards

We also offer credit cards with rewards that let you earn points on everyday purchases. This means that not only can you make purchases easily, but you can also enjoy perks just for using your card.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking options so you can manage your finances anytime, anywhere. Need cash on-the-go? Our ATM services allow for quick withdrawals and balance checks without hassle.

Home Financing

Are you thinking about purchasing your dream home? Our mortgage loans and refinancing services are designed to guide you through the buying process, ensuring you find a loan that works for you. We understand how important this investment is, and we're here to help you navigate every detail.

Personal Banking

Starting with personal banking, we offer checking and savings accounts that fit various lifestyles. If you're planning a big purchase or simply want to save for emergencies, our accounts come with features that make managing your money easy. For those considering new wheels, our auto loans and vehicle financing options provide competitive rates and flexible terms, making it simple to get on the road.

Personal Loans

If life throws unexpected expenses your way, our personal loans and debt consolidation options can help ease the burden. Whether it's medical bills or home repairs, these loans are structured to provide relief when you need it most.

Shared Branch Transactions

Moreover, if you're a member of another credit union, our basic shared branch transactions mean you can still perform deposits and withdrawals at our location. This feature makes banking more convenient for everyone involved. At First Northern, we are committed to making banking as straightforward as possible while providing top-notch customer service. If you're ready to take control of your finances or have questions about any of our services, please reach out! You can call us at (312) 394-8500, visit us at 541 N Fairbanks Ct Chicago Il 60611, or explore more on our website: 03 - Streeterville. Join us today at First Northern where your financial well-being is our priority!

Digital & Online Banking

Key Features of Our Digital Banking Services

Our online banking service is available 24/7, allowing you to check balances, pay bills, and transfer funds whenever it suits you. Plus, with person-to-person transfers, sending money to friends or family has never been easier. If you're looking to reduce paper clutter, you'll be pleased to know that e-statements are available, making it simple to keep track of your finances electronically. For those who prefer using their mobile devices, our dedicated mobile application makes banking even more accessible. You can deposit checks, view transaction history, and manage your account right from your phone. While we currently do not support mobile payments, rest assured that our app is equipped with features that ensure easy access to your financial information.

Safety First

We prioritize your security in every aspect of our digital services. Our online banking platform employs robust security measures to protect your personal information. Even though we do not offer electronic signature authorization at this time, you can trust that your data is safeguarded when you bank with us. In conclusion, whether you're at home or out and about, First Northern provides the tools you need for effective account management. Experience the ease and efficiency of our digital banking services today by visiting https://www.fncu.org/!

Financial Strength

At First Northern, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With a strong commitment to maintaining our financial health, we are here to support you in achieving your financial goals. With a net worth of $32,044,358, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $972 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $24,896,265 in share certificates and $27,981,573 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. We also have $28,112,711 in undivided earnings, which means we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $3,984 in used auto loans and $219,325,461 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our $3,258,069, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 72 full-time employees and 1 part-time employees who are dedicated to serving you with expertise and care. Net Shares (Funds available for lending and investments): $5,443,999. Total Share and Deposit Accounts: 35,738, 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, First Northern is your trusted partner. Visit us at 541 N Fairbanks Ct Chicago Il 60611 or call (312) 394-8500 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.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $66,150,178 in used vehicle loans and $14,485,962 in new vehicle loans already helping members get on the road. We provide flexible terms that can fit into any budget.

Credit Lines

For those looking for extra flexibility, our credit lines totaling $65,093,379 provide a safety net for unexpected expenses or planned purchases. It's an easy way to access funds when you need them most.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $35,736,886, make buying or refinancing simple. We cater to first-time buyers and seasoned homeowners alike, ensuring you have the right resources for your journey.

Refinancing Options

If you currently have loans elsewhere, consider refinancing with us to potentially save money on interest rates. We often provide better rates compared to traditional lenders. Feel free to reach out at (312) 394-8500 or visit us at 541 N Fairbanks Ct Chicago Il 60611 in Chicago, IL. Our knowledgeable staff is here to help you explore your options and find the best solutions for your financial needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $14,696,900 in loans helping members manage their finances effectively. These cards come with competitive interest rates and rewards that can benefit you every time you use them.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This means you can confidently explore your options without getting lost in a sea of information. LendMesh ensures accurate loan comparisons by sourcing its data 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 to verified data guarantees that you receive fair and transparent offers every time you use the tool. One of the key benefits of LendMesh is its emphasis on transparency. All loan offers come from legitimate financial institutions, ensuring users can trust the information presented. Furthermore, LendMesh does not feature sponsored listings; lenders are not prioritized based on paid promotions. This focus on unbiased results helps users make informed decisions without outside influence. Additionally, LendMesh provides real-time rate comparisons from multiple institutions. This up-to-date information allows you to evaluate current rates effectively, helping you choose the best option for your financial needs. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial illustrates the real impact LendMesh can have on your financial decisions. 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.

First Northern