Illiana Financial Bourbonnais IL Credit Union | Affordable Vehicle Loans & Quick Personal Loans

Introduction

Welcome to Illiana Financial, your trusted partner in achieving financial goals right here in Bourbonnais, IL! Established in 1936, we have been proudly serving our community for over 85 years. Our branch, located at 1130 Armour Rd, Bourbonnais, IL 60914, is dedicated to providing personalized banking services tailored to meet the unique needs of our 21,715 members. At Illiana Financial, we understand that your financial journey is important. With a robust asset portfolio of $255,308,338 and total deposits amounting to $15,132,738, we are well-equipped to support you with a variety of services. Whether you're interested in auto loans (with over 11,694 loans already issued), mortgage options, or business banking solutions, we are here to guide you every step of the way. Our leadership team reflects our commitment to excellence. Under the guidance of CEO James Henmueller and Board President Russell Melby, our friendly staff of 60 employees strives to create a welcoming atmosphere where you can feel secure about your finances. We believe that strong relationships with our members lead to stronger communities. While members can visit us at our branch location for in-person assistance and utilize our drive-thru service for quick transactions, official correspondence should be sent to the same address: 1130 Armour Rd, Bourbonnais, IL 60914. With a net worth of $43,614,370 and cash in hand totaling $1,564,814, you can trust that your money is safe with us. We invite you to explore all that Illiana Financial has to offer. Visit our website at illiana.org or call us at 815-932-1215 for more information on how we can assist you today!

Branch History & Mission

Advancing with Technology

As we look toward the future, we embrace digital advancements that enhance member experience. Our online and mobile banking options make it easy for members to manage their finances anytime and anywhere. While we currently do not have ATM availability at our branch location, we offer drive-thru banking for convenient transactions. Members can visit us during our operating hours Monday through Thursday from 8 AM to 5:30 PM, Friday from 8 AM to 6:30 PM, and Saturday from 8 AM to 12 PM.

Join Us

While official correspondence should be sent to our mailing address at 1130 Armour Rd, Bourbonnais, IL 60914, we invite you to visit us at our branch or reach out via phone at 815-932-1215. We encourage everyone looking for reliable financial solutions and a supportive community atmosphere to join Illiana Financial today! Experience firsthand the benefits of being a member of a credit union that truly cares about your financial journey.

Our Mission

Our mission is clear: to provide exceptional financial services while actively supporting the community. We aim to help our members achieve their financial goals through a variety of services including personal banking, auto loans, mortgages, and business banking. Beyond just transactions, we focus on building relationships and understanding the unique needs of each member. At Illiana Financial, we believe that being part of a credit union means being part of something bigger than oneself. We strive to create positive impacts within Bourbonnais and surrounding areas by engaging in community outreach initiatives and supporting local organizations. Whether it's sponsoring local events or providing financial education workshops, we are committed to giving back to the community that has supported us throughout the years.

Branch Location & Accessibility

Accessibility Features

At Illiana Financial, we understand the importance of accessibility. Our branch is equipped with features like ramps and ADA-compliant facilities to welcome everyone. If you need assistance during your visit, our friendly staff are always ready to help.

Convenient Location

Our branch is situated near several local landmarks, making it easy to find. If you're coming from the nearby parks or schools, you'll find us just a short drive away. We offer ample parking spaces to ensure that your visit is hassle-free.

Get in Touch

If you have any questions or need assistance before your visit, don't hesitate to call us at 815-932-1215. We're here to help! We invite you to stop by Illiana Financial at 1130 Armour Rd in Bourbonnais today your financial journey starts here!

Operating Hours

We know your time is valuable, which is why we offer flexible operating hours. Visit us Monday through Thursday from 8 AM to 5:30 PM, Friday from 8 AM to 6:30 PM, and Saturday from 8 AM to 12 PM. This way, you can find a time that fits your busy schedule!

Services Offered

While you're here, take advantage of our range of services tailored just for you. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we've got everything you need under one roof. Plus, enjoy the convenience of basic drive-thru banking for quick deposits and withdrawals without leaving your vehicle.

Member Eligibility

At Illiana Financial, we believe that becoming a member is like joining a family where everyone supports each other. If you're looking to be part of a community that prioritizes your financial well-being, we welcome you with open arms! To become a member, you generally need to live, work, worship, or attend school in the areas we serve. But don't worry it's straightforward! For detailed eligibility criteria, feel free to check out our website at http://www.illiana.org/accounts/savings/calculators/apply-for-a-membership-online . Once you know you're eligible, opening an account is just as easy! You can start the process online by visiting our account opening page here: http://www.illiana.org/loan-application . If you have any questions along the way, don't hesitate to call us at (815) 932-1215. We're here to help you every step of the way, ensuring that your journey with Illiana Financial is smooth and welcoming.

Business Banking & Commercial Services

Financing Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $13 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $25 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $2,421,252, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

Beyond loans, we offer practical merchant services that simplify transactions and enhance customer experience. Picture a local café effortlessly processing payments through our system, allowing them to focus on what they do best serving delicious coffee and pastries. Our merchant services ensure that your business runs smoothly, giving you more time to innovate and grow. Located at 1130 Armour Rd Bourbonnais Il 60914 in Bourbonnais, IL, we invite you to discover how our business banking and commercial services can propel your success. Let's work together to turn your vision into reality!

Comprehensive List Of Services

Business Banking Solutions

For our business members, we know how crucial it is to have reliable financial support. Our business banking services, including merchant services and business loans, ensure you have the resources needed to thrive. Think about how streamlined operations could boost your business's efficiency!

Credit Cards with Rewards

Don't forget about our credit cards featuring rewards! Imagine earning points or cash back for everyday purchases every swipe brings you closer to rewards that enhance your lifestyle.

Drive-Thru Convenience

We also offer basic drive-thru banking services for quick deposits, withdrawals, and simple transactions. This means you can manage your finances without leaving the comfort of your car. At Illiana Financial, we strive to make banking as effortless as possible for everyone in our community. If you're ready to explore these services further or have any questions, please don't hesitate to reach out! You can call us at (815) 932-1215 or visit us at Boubonnais. We're excited to partner with you on your financial journey!

Embracing Digital Banking

In today's fast-paced world, we prioritize convenience through our online and mobile banking platforms. You can check your balance, transfer funds, or pay bills anytime, anywhere all at your fingertips. Plus, with features like person-to-person payments, sharing expenses with friends or family has never been easier.

Personal Banking Made Easy

Whether you're looking to open a checking or savings account, our personal banking options are designed to fit your lifestyle. Imagine having easy access to your funds while enjoying the benefits of competitive interest rates. We also offer auto loans and vehicle financing that can help get you on the road without breaking the bank. Picture yourself driving off in a new car, knowing you secured a great rate through us. If you're considering buying a home or refinancing your existing mortgage, our mortgage loans are tailored to meet diverse needs. With guidance from our experienced staff, you'll feel supported throughout the process. Additionally, for those unexpected expenses, our personal loans and debt consolidation options can provide peace of mind when life throws you a curveball.

Digital & Online Banking

Key Services

With our 24/7 online banking services, you can access your accounts anytime, anywhere. This means you can check balances, pay bills, and transfer funds without needing to visit a branch. Our mobile application makes it even easier to manage your money on the go. Whether you're waiting in line or relaxing at home, your bank is right in your pocket. If you enjoy keeping track of your finances, you'll love our e-statements feature. Instead of waiting for paper statements in the mail, you can view your account statements online whenever you need them. Plus, with person-to-person transfers, sending money to friends or family has never been simpler just a few taps on your phone! For those who like using their phones for payments, our mobile payments feature allows you to make purchases quickly and securely without needing cash or cards. It's perfect for those spontaneous coffee runs or shopping trips.

Security and Ease of Use

We take your security seriously. While we currently do not offer electronic signature authorization, our online platform is designed with safety in mind. You can feel confident knowing that your personal information is protected while you use our digital services. At Illiana Financial, we strive to provide an accessible and user-friendly banking experience. Whether you're tech-savvy or just starting to explore online banking, our tools are made with you in mind. With real-time account management and easy navigation, staying on top of your finances has never been more straightforward. Choose Illiana Financial for all your digital banking needs, where convenience meets security!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 37,325, showing a strong and growing member base that trusts us with their finances. This trust fuels our mission to provide exceptional service 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, Illiana Financial is your trusted partner. Visit us at 1130 Armour Rd Bourbonnais Il 60914 or call (815) 932-1215 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

Members' savings are secured through $44,052,111 in share certificates and $27,401,759 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $249,919, 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 reflected in our $565,545, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 55 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $38,731,845 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $2,927 in used auto loans and $129,936,960 in total loans and leases.

Solid Financial Foundation

With a net worth of $43,614,370, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,708 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 Loan Options

For those looking for more specialized financing, we provide credit lines totaling $13,728,902, which can be useful for managing cash flow or unexpected expenses. Additionally, our outstanding commercial loans amounting to $2,421,252 are designed for business owners seeking capital to grow and expand their operations. We believe everyone deserves access to affordable financing solutions. If you're interested in refinancing options or need assistance with eligibility requirements, don't hesitate to ask our knowledgeable staff for guidance. For more information about our loan products or to start an application today, visit us at illiana.org or check out our loan application page. 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 Illiana Financial, we're committed to helping you secure the funding you need while providing exceptional service every step of the way.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We currently have over $43,986,454 in used vehicle loans and $7,545,579 in new vehicle loans already helping members get on the road. Whether you prefer a brand-new model or a reliable used option, our financing solutions make it easier than ever to drive away with confidence.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $7,963,683. We simplify the process of buying or refinancing your home so that you can focus on making memories rather than worrying about paperwork.

Unsecured Credit Card Loans

Managing your finances effectively is essential. We also offer flexible terms on unsecured credit card loans, with a total of $9,287,957 in loans available. This product allows you to cover unexpected expenses while enjoying the benefits of rewards and low-interest rates.

Loan Aggregator

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ILLIANA FINANCIAL CREDIT UNION - Bourbonnais, IL