Maroon Financial Chicago IL Credit Union | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Maroon Financial, your trusted credit union located at 5525 S Ellis Ave Ste C, Chicago, IL 60637. Since our establishment in 1957, we have been dedicated to serving our community, fostering financial wellness, and empowering our members with the resources they need to achieve their financial goals. With a proud membership of over 7,200, we are committed to providing personalized service and innovative financial solutions tailored just for you. Our total assets stand strong at $54,740,313, showcasing our stability and reliability as a financial partner. We offer a range of products including auto loans, mortgages, personal loans, and credit cards that come with rewards to help you maximize your spending power. Our leadership team is passionate about making a positive impact in the lives of our members. Under the guidance of CEO Scott Muniz and Board President Christopher Heiser, we strive to create an environment where everyone feels valued and supported. Whether you're visiting us for personal banking or business services, you'll find a friendly face ready to assist you. While members can visit us at 5525 S Ellis Ave Ste C, official correspondence should be sent to our mailing address: 5525C S Ellis Ave, Chicago, IL 60637. Feel free to reach out via phone at 773-702-7179 during our lobby hours from 8 AM to 4 PM Monday through Friday. Join us on this journey towards financial empowerment by exploring our website at Maroon Financial. We invite you to discover how we can help you thrive financially today!

Branch History & Mission

At Maroon Financial, we take pride in our rich history and deep commitment to serving the community of Chicago, Illinois. Since opening our doors in 1957, we have been dedicated to helping our members achieve their financial goals while fostering a sense of belonging and support. Over the years, we have grown alongside our community, expanding our services and membership base to now proudly serve over 7,200 members. Our branch is located at 5525 S Ellis Ave Ste C, nestled in a vibrant area close to local parks and schools that reflect the heartbeat of our neighborhood. For any official correspondence, please send it to our mailing address: 5525C S Ellis Ave, Chicago, IL 60637. Maroon Financial's mission is straightforward yet powerful: to provide personalized financial services while enhancing the well-being of our members and supporting community initiatives. We believe that banking should be more than just transactions; it should be about building relationships and empowering individuals. Our comprehensive range of services includes personal banking options like checking and savings accounts, auto loans, mortgages, and credit cards with rewards all designed with our members' needs in mind. As we've evolved through the decades, we've embraced technological advancements to make banking easier for everyone. Our online and mobile banking platforms allow members to manage their finances on-the-go, ensuring accessibility for all. We also prioritize inclusivity by ensuring our facilities are ADA compliant. Community outreach remains a core component of who we are. We actively partner with local organizations to support various initiatives aimed at enhancing lives within Chicago. Whether it's through financial literacy programs or volunteering at community events, Maroon Financial is committed to making a positive impact. With total assets now exceeding $54 million, we are well-positioned to continue supporting our members through life's journeys. Our operating hours are convenient open from 8 am to 4 pm Monday through Friday making it easy for you to visit us whenever you need assistance. We invite you to join Maroon Financial and experience firsthand the benefits of being part of a member-focused credit union that truly cares about your success. Together, let's build a brighter financial future for you and our community! For more information or to become a member, please call us at 773-702-7179 or visit our website at Maroon Financial.

Branch Location & Accessibility

Convenience and Accessibility

At Maroon Financial, we prioritize convenience. Our branch features ample parking and is designed to be ADA compliant, ensuring easy access for everyone. Whether you prefer a quick visit or need assistance with more complex banking needs, our team is here to help.

Get in Touch

Have questions or ready to explore what we can offer? Feel free to give us a call at 773-702-7179. We invite you to stop by and discover how Maroon Financial can support your financial journey. Your community credit union is here for you!

Operating Hours and Services

We're open Monday through Friday from 8 am to 4 pm, providing flexible hours for those busy days. Inside our branch, you'll find a range of services tailored to meet your needs from checking and savings accounts to auto loans and personal loans. While we don't have a drive-thru service at this location, we do offer an ATM for cash withdrawals and balance checks right on-site for your convenience.

Member Eligibility

At Maroon Financial, we believe that becoming a member is like joining a warm, welcoming family where everyone supports each other. If you're curious about how to become part of our community, it's quite simple! We're here for individuals who live, work, or attend school in the areas we serve. Our commitment is to make banking accessible and beneficial for everyone in our community. To get all the specifics on eligibility, check out our detailed guide at https://www.maroonfinancial.org/about-us/become-a-member.html. Once you see that you qualify, opening an account with us is a breeze. You can easily start the process online by visiting https://onlinebanking.maroonfinancial.org/enrollment/terms_and_condition. If you have any questions or need assistance, don't hesitate to give us a call at (773) 702-7179. We're excited to welcome you to Maroon Financial, located at 5525 S Ellis Ave Ste C Chicago Il 60637, where your financial well-being matters most!

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. - 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.

Merchant Services

Imagine a busy day at your shop where every transaction counts. Our merchant services simplify the payment process, allowing you to focus on serving your customers instead of worrying about payments. From credit card processing to point-of-sale systems, we provide the tools you need to enhance customer experience and streamline operations. Visit us at 5525 S Ellis Ave Ste C Chicago Il 60637 in Chicago, IL, or call us at (773) 702-7179 to explore how our business banking and commercial services can elevate your business today!

Comprehensive List Of Services

Call Us Today!

At Maroon Financial, we're here to help you navigate your financial journey with ease. For any questions about our services or how we can assist you further, feel free to reach out at 773-702-7179. Visit us today or explore more about what we offer on our website at www.maroonfinancial.org. Your financial well-being is our top priority!

Credit Cards & Business Banking

Need a little extra purchasing power? Our credit cards come with rewards that can benefit your everyday spending. And if you're a business owner, Maroon Financial provides essential business banking services including merchant services and business loans to support your entrepreneurial journey.

Embracing Digital Banking

We know that convenience matters. That's why we offer robust online and mobile banking features, allowing you to check balances, transfer funds, or pay bills from anywhere at any time. Plus, our ATM services ensure that accessing your cash is simple and straightforward.

Personal Banking Solutions

Our personal banking options include checking and savings accounts that help you manage your daily finances effectively. Whether you're saving for a big purchase or just want a safe place for your money, we've got you covered. If you're considering buying a new car, our auto loans and vehicle financing solutions can help get you behind the wheel with competitive rates and flexible terms. For those looking to invest in their future home, our mortgage loans and refinancing options make it easier than ever. We understand that every financial situation is unique, so we also offer personal loans and debt consolidation services to help you achieve your financial goals.

Digital & Online Banking

Key Features

Our online banking service is available 24/7, allowing you to check balances, transfer funds, and pay bills from the comfort of your home or on the go. If you prefer to use your smartphone, our mobile application makes it even easier to stay on top of your accounts. You can also send money quickly with our person-to-person transfers feature. For those who want to go green, e-statements are available so you can keep track of your finances without the clutter of paper statements. Plus, our electronic signature authorization allows you to sign documents securely from anywhere, saving you time and hassle.

Security and Ease-of-Use

Security is a top priority for us at Maroon Financial. We ensure that all your transactions are safe and protected while being user-friendly. You don't need to be tech-savvy to take advantage of these features; they're designed for everyone. With our digital banking tools, managing your money has never been more accessible or straightforward. Whether you're making everyday purchases or planning for the future, Maroon Financial provides the resources you need right at your fingertips. Join us today and experience the convenience of modern banking!

Financial Strength

At Maroon Financial, 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 understand that trust is built through transparency and performance, which is why we are proud to share our financial strengths with you. With a net worth of $6,918,631, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.64% 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 $3,248,105 in share certificates and $7,982,621 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 $6,884,259 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports members' financial goals across various sectors with $32,049,351 in total loans and leases and 216 used auto loans available to help you secure the vehicle you need. Our operations reflect our commitment to serving you efficiently. Although we currently show a net income of -$284,194, this is part of our strategic focus on long-term growth rather than short-term gains. We have 12 full-time employees ready to assist you with their expertise and dedication. We also take pride in having a robust member base with a total of 10,614 share accounts. This reflects the trust our community places in us to manage their finances effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Maroon Financial is your trusted partner. Visit us at 5525 S Ellis Ave Ste C Chicago IL 60637 or call 773-702-7179 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 $3,752,194 in used vehicle loans and $3,169,858 in new vehicle loans already helping members get on the road. We provide flexible financing options for both new and used vehicles to ensure you can find the right fit for your budget.

Credit Lines and Other Services

In addition to these offerings, we have an extensive portfolio of credit lines totaling $13,028,334, which can be an excellent option for those needing quick access to funds. Our team is committed to helping you navigate your borrowing options and find solutions tailored to your financial situation. If you're considering refinancing or want to know more about eligibility options for any of our loan products, don't hesitate to reach out. You can contact us at 773-702-7179 or visit us at 5525 S Ellis Ave Ste C Chicago IL 60637 during our operating hours from 8 am - 4 pm Monday through Friday. For more information about our services and how we can assist you further, please check out our website at Maroon Financial. Remember that all 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, including Junior Lien 1-4 Family Residential Properties loans totaling $1,058,036, make buying or refinancing simple. We aim to streamline the process so you can focus on what truly matters making your house a home.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $328,081 in loans helping members manage their finances effectively. These cards come with competitive rates and rewards that make it easier to handle daily purchases while building your credit score.

Loan Aggregator

Benefits of Using LendMesh

Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. This means you won't encounter hidden fees or misleading terms in your search for a loan. No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. Users can feel confident that they are looking at all their options fairly. Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, LendMesh allows users to make informed decisions quickly. This feature is essential in today's fast-moving financial environment where rates can change frequently. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback underscores the platform's effectiveness in helping individuals secure better financial outcomes. 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.*