Illinois State Credit Union Loves Park IL | Affordable Auto Loans & Business Banking

Introduction

Welcome to Illinois State, your trusted financial partner located at 5305 N 2Nd St, Loves Park, IL 61111. Since our establishment in 1960, we've dedicated ourselves to serving our community with a range of financial solutions tailored for individuals and families alike. With over 17,000 members benefiting from our services, we take pride in being a cornerstone of support in the Loves Park area. At Illinois State, we understand that every member has unique needs. That's why we offer personal banking options like checking and savings accounts, auto loans, and credit cards with rewards. Our commitment extends beyond individual service; we also provide business banking solutions to help local entrepreneurs thrive. As of now, our total assets stand at an impressive $213,791,653, while our total deposits reach $27,505,913. We have facilitated over 11,540 loans and leases, empowering our members to achieve their financial goals. Our strength is reflected in a robust net worth of $23,778,302 and ample cash reserves of $3,713,194, ensuring we remain well-positioned to support you through all life's milestones. Led by our dedicated CEO, Thom Ewen, and Board President Larry Quane, our team is committed to fostering a welcoming environment where you can feel confident about your financial decisions. With a workforce of 66 employees, we're here to provide personalized service every step of the way. While you can visit us at our branch for all your banking needs, official correspondence should be sent to the same address: 5305 N 2nd St, Loves Park, IL 61111-5008. If you're looking for answers or have questions about your account or services we offer, don't hesitate to give us a call at 309-451-8400. Join us today at Illinois State where your financial future is important to us! For more information on how we can assist you further or to explore our services online, visit our website at itsmycreditunion.org. We look forward to being part of your journey toward financial wellness!

Branch History & Mission

Accessibility and Convenience

While you can visit us at our main branch location, we also ensure easy access through our ATM services and drive-thru banking options for those on the go. For any official correspondence that may differ from your visits here at 5305 N 2nd St, please send your mail to 5305 N 2nd St, Loves Park, IL 61111-5008. With dedicated operating hours Monday through Friday from 9 AM to 4 PM (and Wednesdays from 11 AM) we strive to be available when you need us most.

Community Engagement

Illinois State is deeply committed to giving back. We actively participate in local events and support various outreach programs that benefit residents of Loves Park and beyond. By forging partnerships with schools and non-profits, we aim to create opportunities for growth and education within our community.

Evolution and Milestones

Since our inception, Illinois State has continuously adapted to meet the changing needs of our members. We have expanded our services to include personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Our total assets have grown to an impressive $213,791,653, reflecting the trust our members place in us. We pride ourselves on being responsive and accessible, offering features like online banking and mobile payments to make managing finances easy and convenient.

Join Us Today!

Whether you're looking for a loan or simply want to open a savings account, we invite you to experience the Illinois State difference. Join us today and become part of a credit union that truly cares about its members and their success! For more information or assistance, don't hesitate to reach out at 309-451-8400 or visit our website at itsmycreditunion.org. Together, let's build a brighter financial future!

Our Mission

Our mission is simple: to empower our members through exceptional financial services while fostering a strong sense of community support. We believe in putting people before profits. Every decision we make is aimed at enhancing the financial well-being of our members and supporting local initiatives that uplift our community.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind. You'll find ample parking space right outside, along with ADA-compliant features like ramps to ensure everyone can visit us comfortably. Whether you're coming in for a quick transaction or to discuss your financial future, we strive to make your visit as smooth as possible.

Operating Hours

We know that life can get busy, so we've tailored our operating hours to fit your schedule. Our lobby is open Monday, Tuesday, Thursday, and Friday from 9 AM to 4 PM, and on Wednesdays from 11 AM to 4 PM. If you're looking for added convenience, our drive-thru service operates Monday through Friday from 9 AM to 5 PM and Saturdays from 9 AM to 1 PM.

Services Offered

At the Illinois State Loves Park Branch, we offer a range of services designed to meet your banking needs. From personal checking and savings accounts to auto loans and mortgage refinancing options, we've got you covered. Need quick cash? Our ATM is available for easy access to withdrawals and balance checks. Plus, our drive-thru banking allows you to complete simple transactions without leaving your vehicle. For any inquiries or assistance, feel free to give us a call at 309-451-8400. Our dedicated team is here to help you every step of the way. We invite you to visit us soon whether you're a long-time member or new to our community, we're excited to serve you!

Member Eligibility

Becoming a member of Illinois State is like joining a friendly neighborhood club where your financial well-being is the top priority. If you live, work, or worship in the area around 5305 N 2Nd St Loves Park Il 61111, you're already on your way to enjoying the many benefits that come with membership. At Illinois State, we believe that everyone deserves access to quality financial services, and we're here to support you every step of the way. To learn more about our specific eligibility criteria, feel free to check out our detailed resource here. Once you're ready, opening an account is simple! Just visit us or go online at this link to get started. If you have any questions along the way, don't hesitate to give us a call at (309) 451-8400. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Financing Your Vision

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have no member or non-member commercial loans, we aim to provide future financing options that can help businesses like yours achieve their dreams. Imagine having the capital to expand your operations, purchase new equipment, or hire additional staff our goal is to make those possibilities a reality for you.

Merchant Services That Work for You

In addition to loans, we offer merchant services tailored to your business needs. Picture this: a local café that seamlessly accepts payments from customers using various methods, enhancing customer satisfaction while streamlining transactions. Our merchant services equip businesses with the tools needed to manage sales efficiently and grow their customer base. If you're looking for reliable support and innovative solutions for your business, come visit us at 5305 N 2Nd St Loves Park Il 61111 in Loves Park, IL. Let's work together to turn your vision into reality! For more information, give us a call at (309) 451-8400 or explore our website at https://itsmycreditunion.org/ .

Comprehensive List Of Services

Business Banking Support

If you're a business owner, our business banking services are designed just for you. From merchant services that help streamline transactions to business loans that fuel growth, we're here to support your venture's success.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why Illinois State offers robust online and mobile banking solutions. You can access your accounts anytime, anywhere check balances, transfer funds, and even pay bills all from the palm of your hand. Need cash? Enjoy easy access through our ATM services available right at our branch.

Drive-Thru and ATM Services

For quick transactions on-the-go, take advantage of our drive-thru banking for deposits, withdrawals, and other simple tasks without leaving your car. Our ATM also allows for cash withdrawals and balance checks whenever you need them. Whether you're visiting us at Illinois State or using our digital tools from home, we're committed to making your banking experience smooth and enjoyable. Ready to explore what we have to offer? Give us a call at (309) 451-8400 or visit us online at Loves Park Branch today!

Empower Your Financial Future

For those who need a little extra support, we offer personal loans and debt consolidation services. This way, you can tackle unexpected expenses or consolidate high-interest debts into manageable payments. Plus, our credit cards come with rewards programs that give back every time you use them.

Home Financing Solutions

Dreaming of owning your own home? We provide mortgage loans and refinancing options that can make that dream a reality. Whether you are buying your first home or looking to refinance an existing mortgage, our experienced staff will guide you through every step of the process.

Personal Banking Made Simple

Our personal banking services cater to individuals and families looking to manage their finances effectively. With checking and savings accounts, you can easily keep track of your money while earning interest on your savings. If you're in the market for a new car or need help financing one, our auto loans and vehicle financing options offer competitive rates to get you on the road without breaking the bank.

Digital & Online Banking

Key Services

With our online banking platform, you can access your accounts 24/7. Whether you need to check your balance, pay bills, or transfer funds, everything is at your fingertips. Plus, with electronic signature authorization available, signing documents has never been easier or more secure. Our commitment to keeping you informed means that e-statements are readily available for all members. You can say goodbye to paper clutter while staying up-to-date on your account activity. If you're on the go, our mobile application offers a range of features including mobile payments and person-to-person transfers. Need to send money to a friend? Just a few taps on your smartphone and it's done! And yes, mobile payments are supported so you can make purchases quickly and securely without reaching for your wallet.

Security and Accessibility

Security is a top priority at Illinois State. We use advanced technology to ensure that your information remains safe while you enjoy the convenience of online banking. Our easy-to-navigate interface means that even those new to digital banking will find it straightforward and intuitive. Whether you're at home or out and about, managing your finances has never been easier. With our comprehensive online services, you have real-time access to your accounts whenever you need it. Join us today at https://itsmycreditunion.org/ and experience the future of banking with ease!

Financial Strength

A Solid Foundation

With a net worth of $23,778,302, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid net worth ratio of $1,112 demonstrates our capital strength, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Growing Together

Total Share Accounts stand at 40,406, showcasing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments totaling $924,163, we are well-equipped to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Illinois State is your trusted partner. Visit us at 5305 N 2Nd St Loves Park Il 61111 or call (309) 451-8400 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $48,904,130 in share certificates and $13,897,720 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $6,202,282, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to operational efficiency is reflected in our impressive net income of $1,288,059, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 59 full-time employees and 7 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinforcing Our Commitment

With $19,019,795 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our ability to support your financial goals is further backed by our $3,966 in used auto loans and $148,369,623 in total loans and leases.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $57,554,961 in used vehicle loans and $14,645,613 in new vehicle loans already helping members get on the road. We offer flexible terms and refinancing options, making it easier than ever to drive away in the vehicle you want.

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $5,140,137 in loans helping members manage their finances effectively. Our credit cards come with attractive rewards and no hidden fees, making them an excellent choice for everyday purchases.

Credit Lines

For those who need a little extra flexibility, our total credit lines amounting to $33,068,723 are designed to give you peace of mind when unexpected expenses arise. These lines of credit provide access to funds whenever you need them without the hassle of applying for a new loan each time. Our dedicated team at Illinois State, located at 5305 N 2Nd St Loves Park Il 61111, Loves Park, IL, is ready to assist you with any questions or concerns. You can reach us at (309) 451-8400 during our operating hours: - Lobby (M, T, TH, F): 09:00 AM - 04:00 PM - Lobby (Wed): 11:00 AM - 04:00 PM - Drive-Up (M-F): 09:00 AM - 05:00 PM - Drive-Up (Sat): 09:00 AM - 01:00 PM Explore our loan offerings today and see how we can support your financial goals! For performance insights and financial data related to our services, please refer to the National Credit Union Administration (NCUA) at https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $9,487,099, make buying or refinancing simple. We pride ourselves on providing straightforward mortgage solutions that help you navigate the path to owning your home.

Loan Aggregator

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Ensuring 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.

ILLINOIS STATE CREDIT UNION