Loyola University Employees Credit Union Maywood IL | Affordable Auto Loans & Quick Personal Loans

Introduction

Welcome to Loyola University Employees, your trusted financial partner located at 2160 S 1St Ave Bldg 105, Maywood, IL 60153. Established in 1979, our credit union has been committed to serving the financial needs of our members for over four decades. With a robust membership of 4,230 individuals and total assets amounting to $41,975,272, we take pride in being a reliable source of support for your banking requirements. Our team is dedicated to enhancing your financial well-being through a variety of services including personal banking, auto loans, mortgages, and more. We currently manage 995 loans and leases while ensuring that our members benefit from total deposits of $1,949,972. Under the leadership of CEO Harold Tram and Board President Steven Ross, we strive to create a welcoming environment where you can achieve your financial goals. While members can visit us at our branch for personalized service, official correspondence should be sent to 2160 S 1st Ave Building 105, Maywood, IL 60153-3328. Our doors are open from 7:00 AM to 3:30 PM, Monday through Friday, ready to assist you with whatever you need. At Loyola University Employees Credit Union, we believe in making a difference in our community. With a net worth of $5,411,258, we are financially strong and well-equipped to serve our members effectively. Whether you're looking for straightforward banking solutions or specialized services like business loans or credit cards with rewards, we've got you covered. Feel free to reach out to us at (708) 216-4500 for any inquiries or visit our website at luefcu.org to learn more about how we can help you thrive financially. Join us today and experience the personalized care that comes with being part of the Loyola University Employees family!

Branch History & Mission

Community Engagement

As a credit union rooted in the local community, we take pride in participating in various outreach programs that strengthen our ties with residents and organizations alike. From financial literacy workshops to partnerships with local charities, we strive to give back and make a positive difference in people's lives. Our branch operates from 7:00 AM - 3:30 PM, Monday through Friday. Although we currently do not have ATM or drive-thru services available at our location, our friendly staff is always here to assist you during operating hours. Join us today at Loyola University Employees! Experience the benefits of becoming a member of our credit union where your financial well-being matters most. For more information about membership eligibility or how to open an account, please visit our website or call us at 708-216-4500. We look forward to welcoming you into our family!

Our Mission

At Loyola University Employees, we believe in empowering our members through financial education and support. Our mission is simple yet impactful: to provide exceptional financial services while fostering a strong sense of community. We focus on personal banking options such as checking and savings accounts, auto loans, mortgage loans, personal loans, credit cards with rewards, and business banking services. Our commitment extends beyond just transactions; we aim to build relationships and offer guidance that helps our members thrive financially. We understand that each member has unique needs. That's why we are dedicated to providing personalized solutions and innovative services like online and mobile banking options. With features such as e-statements and person-to-person payment capabilities, we ensure that banking is convenient for everyone.

Branch Location & Accessibility

Welcome to Loyola University Employees, your trusted credit union located at 2160 S 1st Ave Bldg 105 in the heart of Maywood, Illinois. Our branch is easy to find, nestled near prominent landmarks that make accessing our services a breeze. Whether you're coming from nearby schools or residential areas, our location is designed for convenience. While members can visit us at 2160 S 1St Ave Bldg 105 Maywood Il 60153, official correspondence should be sent to 2160 S 1st Ave Building 105, Maywood, IL 60153-3328. This ensures your documents reach us without delay. At Loyola University Employees, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps, making it simple for everyone to access our services. Parking is available nearby, so you can easily stop by during our operating hours of 7:00 AM to 3:30 PM from Monday to Friday. We understand that banking should fit into your busy life. Although we currently do not offer ATM or drive-thru services, our friendly staff is always ready to assist you with personal banking needs like checking and savings accounts, auto loans, mortgages, personal loans, and even business banking solutions. Have questions? Feel free to give us a call at (708) 216-4500. We invite you to visit us soon and discover how Loyola University Employees can support your financial journey!

Member Eligibility

At Loyola University Employees, we believe that joining our community is more than just opening an account it's about becoming part of a supportive family where your financial goals are prioritized. If you're looking to become a member, you'll be pleased to know that eligibility is designed to be inclusive and accessible. Generally, anyone who is affiliated with Loyola University, including employees and their families, can enjoy the benefits of membership. But don't worry if you're unsure; we encourage you to check out the detailed eligibility criteria at http://www.luefcu.org/about-us/who-we-are/membership .aspx for the most current information. Becoming a member at Loyola University Employees opens the door to a range of financial services tailored just for you. From personalized banking solutions to competitive loan rates, we aim to empower you on your financial journey. If you're ready to take the next step and open an account, it's simple! You can find all the details on how to apply by visiting http://www.luefcu.org/products/loans-credit-cards/how-to-apply-for-a-loan.aspx . If you have any questions or need assistance, feel free to reach out to us at (708) 216-4500. We're here to help you every step of the way!

Business Banking & Commercial Services

Business Loan Options

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. Additionally, we also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions tailored to diverse needs. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine running your shop and being able to accept payments easily from customers, no matter how they choose to pay. That's where our merchant services come into play. We provide tools that make transactions smooth and efficient, ensuring you can focus on what you do best growing your business. Come visit us at 2160 S 1St Ave Bldg 105 Maywood Il 60153 in Maywood, IL, or give us a call at (708) 216-4500. Let's work together to take your business to new heights!

Comprehensive List Of Services

Business Solutions Tailored for You

For those running their own businesses, we offer comprehensive Business Banking solutions, including merchant services and business loans. We know how important it is to have reliable financial support for your business ventures.

Embracing Digital Convenience

To make banking even more convenient, we provide robust Online & Mobile Banking services. Access your accounts anytime, anywhere with just a few taps on your smartphone. From checking balances and transferring funds to paying bills and making person-to-person payments, managing your finances has never been easier. While we currently do not have ATM services available at our branch location, our online banking features ensure that access to your funds is always just a click away. In summary, whether you're managing personal finances or running a business, Loyola University Employees is here to support you with exceptional financial products and services tailored for every member's needs. Ready to explore what we have to offer? Visit us at 2160 S 1St Ave Bldg 105 Maywood Il 60153 or call us today at (708) 216-4500! We look forward to welcoming you as part of our community!

Personal Banking Made Easy

We understand that managing your money can sometimes feel overwhelming. That's why we offer Personal Banking services, including checking and savings accounts that fit your lifestyle. Imagine having a safe place for your funds that also earns interest, helping you grow your savings over time. If you're planning to buy a car, our Auto Loans & Vehicle Financing options make it easier than ever to get behind the wheel. With competitive rates and flexible terms, you can focus on finding the perfect vehicle without worrying about financing.

Rewarding Credit Options

Don't forget about our Credit Cards with Rewards! These cards not only give you purchasing power but also reward you for every dollar spent. Whether it's cash back or travel points, these rewards can enhance your spending experience.

Your Home Financing Partner

Thinking about buying a home? Our Mortgage Loans & Refinancing services are designed to help you navigate the home-buying process smoothly. Whether you're a first-time buyer or looking to refinance an existing mortgage for better rates, we're here to guide you every step of the way. In addition, if you need quick cash for unexpected expenses or want to consolidate debt, our Personal Loans & Debt Consolidation options provide financial relief when you need it most.

Digital & Online Banking

Enhanced Features

For those who prefer using their smartphones for payments, our mobile payments feature makes transactions even easier. You can shop or pay bills without fumbling for cash or cards. And while we don't currently offer electronic signature authorization, our commitment to security means that all transactions are protected with robust measures. Managing your finances should be straightforward and stress-free. That's why at Loyola University Employees, we focus on providing user-friendly features that help you stay in control of your finances while keeping everything safe and secure. Experience the ease of online banking with us today!

Key Services

With our online banking platform available at https://www.luefcu.org/ , you can access your accounts anytime, anywhere. Whether you want to check your balance, pay bills, or transfer funds, our 24/7 online banking services make it easy to manage your money on your terms. Plus, if you're always on the go, you'll love our mobile application, which lets you do all this right from your smartphone. We know how important it is to send money quickly. That's why we offer person-to-person transfers, allowing you to easily send money to family and friends with just a few taps. Additionally, if you're looking to streamline your statements, we provide e-statements, giving you quick access to your financial records without the clutter of paper.

Financial Strength

Committed Team

We take pride in having 3 full-time employees and 1 part-time employee who are always ready to assist you with knowledgeable service. Our team is dedicated to helping you navigate your financial journey every step of the way.

Member-Centric Savings

Members' savings are secured through $9,308,896 in share certificates. This means your deposits are not only safe but also positioned for stable and rewarding growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,601,000, we ensure that our resources focus on benefiting you through better loan rates and exclusive perks.

Operational Efficiency

Despite facing challenges reflected by a net income of -$479,485, we remain focused on operational efficiency. This allows us to adapt and continue offering competitive loan rates and solid financial products tailored to meet your needs.

Reinvestment for Better Services

With $5,398,886 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our commitment to improvement is reflected in our ability to provide diverse lending options. Currently, we have $5,237,905 in total loans and leases, which supports various financial goals across different sectors.

Strong Net Worth

With a net worth of $5,411,258, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1289 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusted Partnership

Our financial strength means we can continue serving you with confidence. Whether you're saving for a big purchase or looking to borrow for your next adventure, Loyola University Employees is your trusted partner. Visit us at 2160 S 1St Ave Bldg 105 Maywood Il 60153 or call us at 708-216-4500 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $1,283,612 in used vehicle loans and $1,172,977 in new vehicle loans already helping members get on the road. We have made it easy for you to finance your next vehicle purchase with flexible terms tailored to fit your budget.

Credit Lines

For those looking for additional flexibility in their finances, our total credit lines available amount to $2,000,000. This product offers peace of mind when unexpected expenses arise or when you need a little extra cash flow. If you're considering refinancing or want more information about eligibility options for any of our loan products, don't hesitate to contact us at (708) 216-4500 or visit us at 2160 S 1St Ave Bldg 105 Maywood IL 60153. We're here to help guide you through the process and find the best solutions tailored just for you. Remember, performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. While we currently do not offer Junior Lien 1-4 Family Residential Properties loans, we encourage you to reach out to us for any other home financing needs you may have.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,078,450 in loans helping members manage their finances effectively. These cards come with various benefits designed to give you more control over your spending while building credit.

Loan Aggregator

Ensuring 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 ensures that all offers displayed are fair and transparent. Each lender included in the comparison has been vetted for compliance, allowing users to trust that they are seeing legitimate options.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users receive up-to-date loan rates from multiple institutions, enabling them to make well-informed choices. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how our platform can lead to significant savings and better financial outcomes. If you're ready to take control of your financial future, 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.

LOYOLA UNIVERSITY EMPLOYEES FEDERAL CREDIT UNION