First Northern Credit Union Rockford IL | Affordable Auto Loans & Business Banking

Introduction

Welcome to First Northern, your trusted partner in financial well-being right here at 104 N Show Place Dr, Rockford, IL 61107. Since our establishment in 1944, we have been committed to serving our members with dedication and integrity. With a total membership of over 22,106 individuals, we take pride in being more than just a credit union; we're a community dedicated to helping you achieve your financial dreams. Our branch boasts impressive assets totaling $329,687,679, with deposits reaching $17,318,331. We understand that financial stability is crucial for our members. That's why we offer a wide range of services tailored to meet your needs from personal banking solutions like checking and savings accounts to auto loans and mortgages. With over 11,762 loans and leases provided, we are here to support you every step of the way. At First Northern, we believe in transparency and member empowerment. Our leadership team, led by CEO Edward Berg and Board President Gerald Partch, is committed to ensuring that your financial journey is smooth and rewarding. Whether you're visiting us in person or connecting through our online services available at fncu.org, we're ready to assist you. We encourage you to stop by or give us a call at 815-332-9898. Our friendly team is eager to help you explore the many ways we can make your financial goals a reality. Together, let's build a brighter future!

Branch History & Mission

At First Northern, we proudly carry a rich legacy that began in 1944 when our branch first opened its doors in Rockford, IL. Over the years, we have grown from a small credit union into a trusted financial partner for over 22,000 members. Our journey reflects not only our commitment to providing exceptional financial services but also our dedication to fostering community support and empowerment. Located at 104 N Show Place Dr, Rockford, IL 61107, our branch is easily accessible to all members of the community. You can find us near local landmarks, making your visit convenient whether you need to discuss your finances or make a quick deposit. We are open during convenient hours: Monday, Tuesday, and Thursday from 8:30 AM to 5:00 PM; Wednesday from 9:30 AM to 5:00 PM; Friday from 8:30 AM to 6:00 PM; and Saturday from 9:00 AM to 12:00 PM. Our mission is clear First Northern is dedicated to enriching the lives of our members through personalized financial solutions while maintaining a strong focus on community service. We strive to provide a wide range of services including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking options. Our total assets now stand at an impressive $329,687,679, reflecting our stability and growth over the years. We believe that banking should be accessible for everyone. That's why we offer features like ATM availability and drive-thru banking for your convenience. We also pride ourselves on being ADA compliant and ensuring that all members can easily access our services. In addition to traditional banking options, we've embraced digital advancements with online and mobile banking capabilities. Our commitment extends beyond financial transactions. First Northern actively engages in partnerships within the community, supporting various outreach programs aimed at improving local lives. By working together with other organizations and businesses in Rockford, we foster an environment where everyone can thrive. If you're looking for a credit union that values its members and prioritizes community involvement, look no further than First Northern. Join us today and experience the benefits of being part of a family that truly cares about your financial well-being. For any inquiries or assistance, feel free to reach out at (815) 332-9898 or visit us online at www.fncu.org. Your journey towards better banking starts here!

Branch Location & Accessibility

Call to Action

Ready to experience personalized banking? Visit us at First Northern or give us a call at (815) 332-9898. We look forward to welcoming you into our community-focused financial family!

Nearby Landmarks and Accessibility

Located near popular spots like the Rockford City Market and the charming downtown area, our branch is easy to find. Parking is ample and accessible, ensuring that your visit is hassle-free. We are committed to accessibility, featuring ADA-compliant ramps and facilities for everyone.

Operating Hours

We understand that life can get busy! That's why we offer flexible operating hours: - Monday, Tuesday, Thursday: 8:30 AM - 5:00 PM - Wednesday: 9:30 AM - 5:00 PM - Friday: 8:30 AM - 6:00 PM - Saturday: 9:00 AM - 12:00 PM Feel free to stop by during these hours for all your banking needs.

Services Offered

At our First Northern branch, we provide a variety of services tailored to meet your financial goals. From personal banking options like checking and savings accounts to auto loans and mortgages, we're equipped to assist with all aspects of your financial journey. Plus, our drive-thru service allows for quick deposits and withdrawals without leaving your vehicle. If you need additional services or have questions about shared transactions with partner credit unions, our team can guide you through those as well.

Member Eligibility

Joining the First Northern community means stepping into a world where your financial needs are genuinely understood and supported. To become a member of our welcoming family, you'll need to meet a few simple eligibility requirements that reflect our commitment to serving those in our local area. Generally, anyone who lives, works, worships, or attends school in the vicinity can join us. This means that whether you're a lifelong resident or new to the neighborhood, there's a place for you here. Plus, becoming a member at First Northern opens the door to a range of services tailored just for you, from competitive loan rates to personalized financial guidance. The process of joining is straightforward and inviting! You can find all the details on eligibility by visiting this link, where you'll get up-to-date information about how to qualify. When you're ready to open an account, simply head over to our account opening page at this URL. If you have any questions or need assistance, feel free to give us a call at (815) 332-9898. We look forward to welcoming you to First Northern, located at 104 N Show Place Dr Rockford Il 61107, where your journey toward better banking begins!

Business Banking & Commercial Services

Loan Options to Fuel Your Growth

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.

Practical Merchant Services

In addition to loans, we offer comprehensive merchant services tailored to simplify your daily operations. From payment processing solutions that help you accept credit cards seamlessly to tools that manage your transactions efficiently, we provide everything necessary to keep your business running smoothly. With our support, you can focus on what really matters growing your business. Visit us at 104 N Show Place Dr Rockford Il 61107 in Rockford, IL, or give us a call at (815) 332-9898 to learn more about how our business banking services can benefit you!

Comprehensive List Of Services

Business Banking Options

We haven't forgotten about local businesses! Our business banking services include merchant services and business loans, making it easier for entrepreneurs to thrive in their ventures. With support tailored to your business's specific needs, we aim to foster growth within our community.

Convenient Access Points

To ensure you have access when needed, we provide several convenient services such as ATM and cash withdrawal services, along with basic drive-thru banking for deposits and withdrawals. If you're a member of a partner credit union, take advantage of our shared branch transactions available right at our location.

Get in Touch!

We invite you to visit us at 104 N Show Place Dr Rockford Il 61107 or call us at (815) 332-9898 during our operating hours Monday through Thursday from 8:30 AM to 5:00 PM (with extended hours on Friday until 6:00 PM) and Saturday from 9:00 AM to 12:00 PM. At First Northern, we strive to deliver exceptional service tailored to meet the financial needs of every member. Explore all these services and more today by visiting our website at 02 - Show Place. We look forward to helping you achieve your financial goals!

Loans Tailored for You

When it comes to financing options, First Northern offers various loans that cater to different needs. For instance, if you're thinking about purchasing a vehicle, our auto loans and vehicle financing can help make that dream a reality without straining your budget. Additionally, if you're considering homeownership or refinancing an existing mortgage, our mortgage loans provide competitive rates and flexible terms. For those unexpected expenses or consolidating debt, our personal loans offer straightforward solutions tailored just for you. Plus, don't forget to ask about our credit cards with rewards these not only help you manage purchases but also earn points for every dollar spent.

Personal Banking Services

Starting with personal banking, our offerings include checking and savings accounts that help you manage your money effectively. Imagine having easy access to your funds while earning interest on savings. Our members enjoy the flexibility of online and mobile banking, allowing you to check balances, pay bills, and transfer money at your convenience whether you're at home or on the go.

Digital & Online Banking

Key Features

Our online banking platform allows you to access your accounts whenever you need. Whether it's checking your balance, transferring funds, or paying bills, everything is right at your fingertips. Plus, with person-to-person transfers available, sending money to friends and family has never been easier. For those who prefer mobile access, our user-friendly mobile application gives you the freedom to bank on the go. You can check balances, make transfers, and even view your e-statements a great way to keep track of your spending without the clutter of paper statements.

Security and Accessibility

Your security is our top priority. While we currently do not offer electronic signature authorization, rest assured that all transactions made through our online banking services are protected with robust security measures. We strive to provide a safe environment for all your financial activities. At First Northern, we believe in making banking accessible for everyone. Our services are designed to be straightforward and easy to use so that you can focus on what matters most your life. Enjoy the convenience of managing your finances from home or on the move! Whether it's day or night, we're here for you with reliable online banking solutions that fit into your busy lifestyle.

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 35,738, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $5,443,999. 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 104 N Show Place Dr Rockford Il 61107 or call (815) 332-9898 to learn more about how we can help you achieve your financial goals.

Member Savings Secured

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.

Operational Efficiency

Our $3,258,069 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 72 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Our Community

With $28,112,711 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 robust as well; with $3,984 in used auto loans and $219,325,461 in total loans and leases, we support our members' financial goals across various sectors.

Strong Financial Health

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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued over $66,150,178 in used vehicle loans and $14,485,962 in new vehicle loans to help members get on the road. Our straightforward application process makes it easy for you to get financing quickly.

Credit Lines

If you need extra cash flow for unexpected expenses or planned purchases, our credit lines totaling $65,093,379 provide you with immediate access to funds when you need them most. This option allows for flexibility while managing your finances responsibly.

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. With competitive rates and personalized service, we are here to guide you through every step of the process.

Refinancing Options

If you're considering refinancing an existing loan, we can help! Our team will work with you to explore eligibility options that could save you money each month. For any questions about our loan offerings or to start your application today, feel free to reach out at (815) 332-9898. We're here to support you every step of the way! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

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, our credit cards come with rewards that can benefit your everyday spending.

Loan Aggregator

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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 commitment to sourcing data from reputable institutions guarantees fair and transparent offers for all users.

First Northern