Kane County Teachers Credit Union Carpentersville IL | Affordable Auto Loans & Quick Personal Loans

Introduction

Welcome to Kane County Teachers, where your financial needs meet our commitment to community service. Located at 350 Lake Marian Rd, Carpentersville, IL 60110, we have been a trusted partner in the local community since our establishment in 1937. As part of our ongoing mission, we are proud to serve over 30,381 members, providing them with personalized banking solutions tailored to their unique lifestyles. At Kane County Teachers, we understand that every member's financial journey is different. That's why we offer a wide range of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and even business banking solutions. With total assets reaching an impressive $464,239,284 and total deposits of $57,972,389, you can trust that your money is safe with us. Led by our dedicated CEO, R Michael Lee, and Board President Melanie Meidel, our team of 99 employees is here to assist you every step of the way. We take pride in not just being a financial institution but a supportive community partner whether you're seeking advice on loans or looking for ways to save. For official correspondence, please note that our mailing address is 111 S Hawthorne St, Elgin, IL 60123. Feel free to reach out at (847) 741-3344 or explore more about us online at www.kctcu.org. Join us today and experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

At Kane County Teachers, we proudly celebrate a rich history that began in 1937. Since our founding, we've remained dedicated to serving the financial needs of our community in Carpentersville, Illinois. Our branch, located at 350 Lake Marian Rd, has been a steadfast partner for over eight decades, helping families and individuals achieve their financial goals. As we look back on our journey, we can see significant milestones that highlight our growth and commitment to service. From humble beginnings, we have expanded our reach and capabilities to serve a total membership of 30,381 individuals today. With total assets amounting to $464,239,284, we continue to provide a variety of financial services tailored to meet the diverse needs of our members. Our mission at Kane County Teachers is clear: We aim to provide personalized financial solutions while fostering community support. We believe in not only offering essential banking services such as checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards but also in giving back to the community that supports us. Our initiatives often include partnerships with local organizations to enhance educational programs and promote financial literacy. While you can visit us at our branch address for all your banking needs, please note that official correspondence should be sent to 111 S Hawthorne St, Elgin, IL 60123. Our team is here for you during convenient operating hours: Monday, Tuesday, Thursday and Friday from 9 a.m. to 6 p.m., Wednesday from 11 a.m. to 6 p.m., and Saturday from 9 a.m. to 2 p.m. In addition to traditional banking services, we recognize the importance of digital advancements in today's world. Our offerings include online and mobile banking options that allow you to manage your finances anytime and anywhere. We also ensure ADA compliance so that all members can access our services comfortably. As part of our commitment to customer care, we offer shared service centers for basic transactions and are always looking for ways to improve our member experience. Although we currently do not provide ATM or drive-thru services at this location, our friendly staff is dedicated to assisting you with any inquiries you may have. We invite you to join us at Kane County Teachers Credit Union experience the benefits of being part of a community-focused institution that prioritizes your financial well-being! For more information about joining or accessing our services, feel free to call us at 847-741-3344 or visit our website at kctcu.org. Together, let's build a brighter financial future!

Branch Location & Accessibility

Operating Hours and Services

At Kane County Teachers, we're committed to being available when you need us. Our lobby hours are Monday, Tuesday, Thursday, and Friday from 9 a.m. to 6 p.m., Wednesday from 11 a.m. to 6 p.m., and Saturday from 9 a.m. to 2 p.m. This schedule gives you flexibility to come by during the week or on weekends! While we currently don't have ATM services or drive-thru banking available at this location, we do offer a range of personal banking services including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking solutions. We also provide shared branch transactions for members of partner credit unions making it easier than ever for you to manage your finances. If you have any questions or need assistance with your accounts, feel free to give us a call at 847-741-3344. Our friendly staff is always ready to help!

Parking and Accessibility

We understand how important accessibility is for our members. Our branch offers ample parking, including designated spots for those with disabilities. The entrance is equipped with ramps, ensuring everyone can visit us comfortably. Whether you're walking in or using assistive devices, we're here to help make your banking experience as smooth as possible.

Visit Us Today!

Whether you're looking to open an account or need guidance on your financial options, our team at Kane County Teachers is eager to serve you. We invite you to stop by our Carpentersville branch today and discover how we can support your financial journey! And remember, if you need to send official correspondence, please use our mailing address: 111 S Hawthorne St, Elgin, IL 60123. We look forward to seeing you soon!

Member Eligibility

Becoming a member of Kane County Teachers is like joining a family that truly cares about your financial well-being. To be eligible, you simply need to be part of the educational community this includes teachers, staff, and even their families. It's an inclusive process designed to ensure that everyone connected to education can benefit from our supportive services. At Kane County Teachers, we offer a range of advantages, such as personalized banking solutions, competitive loan rates, and a commitment to community growth that sets us apart from traditional banks. If you're ready to take the next step, opening an account is straightforward! You can visit us at 350 Lake Marian Rd in Carpentersville or give us a call at 847-741-3344 for more details. For complete information on eligibility criteria and the account opening process, please check out our website. We're excited to welcome you into our community!

Business Banking & Commercial Services

Merchant Services

Imagine a bustling café at 350 Lake Marian Rd Carpentersville Il 60110 where customers are greeted with warm smiles and fresh coffee. With our merchant services, transactions are quick and easy. From accepting card payments to managing your sales reports, we provide the tools that let you focus on what matters most serving your customers. Whether you're in Carpentersville or beyond, let Kane County Teachers be your partner in success. Contact us at (847) 741-3344 to learn more about how our business banking services can benefit you today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $476 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $243,495, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Always Here for You

Our friendly staff is always ready to assist you during lobby hours Monday, Tuesday, Thursday, and Friday from 9 a.m. to 6 p.m., Wednesday from 11 a.m. to 6 p.m., and Saturday from 9 a.m. to 2 p.m. If you have any questions or need assistance with any of our services, don't hesitate to call us at 847-741-3344. At Kane County Teachers, we're more than just a credit union; we're part of the community. Come visit us today or explore more about what we offer by visiting our website. Let us help you achieve your financial goals!

Business Banking Made Easy

For our business members, we provide essential services like Merchant Services & Business Loans that can help grow your enterprise. We want local businesses to thrive, and we're here to support them every step of the way.

Credit Options that Reward You

We understand how important it is to earn rewards while spending. That's why we offer Credit Cards with Rewards that allow you to earn points on everyday purchases. It's a simple way to make your money work harder for you.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why at Kane County Teachers, we offer robust Online & Mobile Banking solutions. You can easily manage your accounts from anywhere using our mobile application or website. Need cash? While we don't have ATMs at our branch, we ensure that our members can perform basic shared transactions like deposits and withdrawals through partner credit unions.

Personal Banking Solutions

Our personal banking services are designed with you in mind. If you're just starting out or looking to manage your finances better, consider opening one of our Checking & Savings Accounts. These accounts offer you easy access to your funds and help you build savings for the future. For those considering a new vehicle, our Auto Loans & Vehicle Financing options can make your dreams come true with competitive rates and flexible terms. If homeownership is on your horizon, our Mortgage Loans & Refinancing services can guide you through the process, ensuring you find the best fit for your budget. And if life throws unexpected expenses your way, don't worry our Personal Loans & Debt Consolidation options are here to help you regain control over your finances.

Digital & Online Banking

Accessibility & Security

Your security is our top priority. We use advanced technology to protect your personal information while providing you with easy access to all your accounts. With 24/7 online banking services available, you can manage your finances whenever it suits you best. Whether you're checking balances late at night or making a quick payment during lunch, Kane County Teachers has everything you need for seamless financial management. Explore our digital banking solutions today and experience the freedom of managing your money on your terms!

Key Features

Our online banking platform, accessible at https://www.kctcu.org/, allows you to check your account balances, transfer funds, and pay bills with ease. You can also enroll in e-statements, making it easy to keep track of your transactions without the clutter of paper statements. Plus, with electronic signature authorization available, signing important documents is quick and secure. If you're always on the go, you'll love our mobile application, which offers the same great features as our online banking but right at your fingertips. Need to send money to a friend? Our person-to-person transfers make it simple and fast. You can also take advantage of mobile payments, allowing you to shop and pay for services directly from your phone.

Financial Strength

At Kane County Teachers, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial foundation with you, ensuring that your hard-earned money is in safe hands. With a net worth of $44,934,918, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 965 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 $136,315,984 in share certificates and $28,537,721 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. With $38,463,931 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is robust with $11,780 in used auto loans and a total of $329,855,314 in loans and leases supporting members' financial goals across various sectors. Our operational efficiency shines through with a net income of $4,358,857, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 97 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares available for lending and investments stand at $2,034,620. Total Share Accounts reach an impressive 66,235, 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, Kane County Teachers is your trusted partner. Visit us at 350 Lake Marian Rd Carpentersville IL 60110 or call 847-741-3344 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 $55,076,506 in used vehicle loans and $35,629,863 in new vehicle loans already helping members get on the road. Whether you are interested in financing a brand-new model or a reliable used vehicle, our team is here to guide you through the process.

Business Loans

For business owners, our outstanding commercial loans totaling $243,495 provide the capital needed to grow and expand. We understand the unique challenges faced by small businesses and are committed to supporting our local entrepreneurs with tailored financing solutions. At Kane County Teachers, we pride ourselves on making lending accessible for everyone. If you're unsure about eligibility or have questions regarding refinancing options, feel free to reach out. You can contact us at 847-741-3344 or visit us at 350 Lake Marian Rd, Carpentersville IL 60110 for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step toward achieving your financial dreams!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $16,251,684 in loans helping members manage their finances effectively. Our credit cards come with various benefits that can help you maximize your spending power while keeping track of your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $48,755,319, make buying or refinancing simple. We offer competitive rates and flexible terms that can fit your budget and lifestyle. If you're considering refinancing your current mortgage, we have options available to help lower your monthly payments.

Loan Aggregator

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How LendMesh Ensures 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 rigorous sourcing ensures that users receive fair and transparent offers, eliminating confusion and promoting trust.