Michigan State University Credit Union Chicago IL | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Michigan State University, your trusted financial partner located at 2234 W North Ave, Chicago, IL 60647. Established in 1979, we have proudly served our community for over four decades, earning the trust of 374,591 members who rely on us for their banking needs. With total assets exceeding $8.16 billion and total deposits of $347.83 million, we are committed to providing robust financial solutions that empower individuals and families alike. At Michigan State University, we believe in building a brighter future together. Our dedicated team of 1,449 employees is led by our CEO, April Clobes, and Board President, Gregory Deppong, who are both passionate about fostering strong relationships with our members. We understand that every member's financial journey is unique, which is why we offer a wide range of services including personal banking, auto loans, mortgage refinancing, and business banking solutions. While you can visit us at our branch for all your banking needs, official correspondence should be directed to the same address: 2234 W North Ave, Chicago, IL 60647. Whether you're looking to open a new account or explore loan options like our competitive rates on auto loans with over 291,412 loans and leases currently managed we're here to help! With a net worth of $693.70 million and cash in hand totaling $56.20 million, you can trust that your finances are safe with us. Our commitment goes beyond numbers; we strive to positively impact our community through various initiatives and personalized member services. We invite you to reach out at (517) 333-2424 or visit our website at msufcu.org for more information. Discover how Michigan State University can support your financial goals today!

Branch History & Mission

Community Engagement

Our branch is dedicated to forming partnerships that enhance community welfare. Whether it's through local sponsorships or volunteer opportunities, we aim to make a positive impact wherever we can. We understand that when our community thrives, so do we as a credit union.

Embracing Technology

In this digital age, we're proud to offer modern conveniences like online banking and mobile payments while ensuring ADA compliance for all members. Our goal is to make banking accessible and straightforward for everyone. We invite you to experience the benefits of being part of Michigan State University. Join us today and let us help you achieve your financial goals while contributing positively to our vibrant community! For more information or assistance, feel free to call us at 517-333-2424 during our operating hours: Monday through Thursday from 9:00 AM CST to 5:30 PM CST; Friday from 9:00 AM CST to 6:00 PM CST; and Saturday from 9:00 AM CST to 1:00 PM CST. Together, let's build a brighter financial future!

Our Journey

From humble beginnings, Michigan State University has evolved into a vital resource for both personal and business banking needs. Over the years, we've expanded our offerings to include checking and savings accounts, auto loans, mortgages, credit cards with rewards, and more. Our branch is not just about transactions; it's about building relationships within the community. We believe that financial education is key to empowering our members. That's why we host various workshops and seminars aimed at helping individuals make informed financial decisions.

Our Mission

At the heart of our operations lies a simple yet powerful mission: to improve the financial well-being of our members while supporting the communities we serve. We strive to provide exceptional service with integrity and transparency. Our commitment goes beyond just banking; we actively engage in community outreach initiatives that foster growth and development in Chicago and its surrounding areas. While members can visit us at 2234 W North Ave, official correspondence should be sent to our mailing address: 2234 W North Ave, Chicago, IL 60647.

Branch Location & Accessibility

Welcome to the Michigan State University branch, located at 2234 W North Ave in Chicago, Illinois. This convenient location is designed to serve our members with ease and comfort. Nestled in the heart of the vibrant Logan Square neighborhood, you'll find us just a short stroll from local eateries and shops, making your visit not just about banking but also about enjoying your day. Our branch is easily accessible, featuring ADA-compliant entrances and ample parking options to ensure everyone can visit us without hassle. If you prefer to conduct your banking on-the-go, we offer a variety of services including ATM access for quick cash withdrawals and balance checks. Although we do not have drive-thru banking at this location, our friendly staff is always ready to assist you inside. We understand that your time is valuable, which is why we have made our operating hours convenient for your schedule. Visit us Monday through Thursday from 9:00 AM to 5:30 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. We are closed on Sundays. While members can visit us at 2234 W North Ave for all their banking needs, please note that official correspondence should be sent to the same address. Whether you're looking for personal banking options like checking and savings accounts or exploring loan opportunities such as auto loans and mortgages, our dedicated team is here to help. Don't hesitate! We invite you to stop by or give us a call at 517-333-2424 for any questions. At Michigan State University branch, we're committed to providing friendly service and support every step of the way.

Member Eligibility

Joining the Michigan State University community is more than just opening an account; it's about becoming part of a family that supports your financial journey. If you're looking to become a member, you'll find that eligibility is accessible and straightforward. Generally, anyone associated with Michigan State University whether you're a student, faculty member, or alumni can join us at our branch located at 2234 W North Ave, Chicago, IL 60647. We believe in making banking personal and supportive, so you can enjoy all the benefits we offer, from competitive loan rates to convenient online banking services. To learn more about the specific eligibility criteria and ensure you meet them, feel free to visit our website for detailed information: . Once you're ready to take the next step towards membership, opening an account is a breeze! Just give us a call at (517) 333-2424, and our friendly team will guide you through the process. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $913 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $15 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $784,164,693, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

Imagine a day when your transactions are seamless and efficient. Our merchant services make this possible. From payment processing to managing customer transactions, we equip you with tools that simplify everyday operations. This not only saves time but also enhances customer satisfaction allowing you to focus on what truly matters: growing your business. Located at 2234 W North Ave Chicago Il 60647 in Chicago, IL, we're here to partner with you on your business journey. Let's work together to turn your vision into reality!

Comprehensive List Of Services

Business Banking Solutions

For business owners, we provide tailored solutions through our business banking services, including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we're here to support your journey with financial products designed specifically for small businesses.

Embracing Digital Convenience

In today's fast-paced world, convenience is key. That's why at Michigan State University, we've made it easy for you to manage your finances on the go with our online and mobile banking features. You can check balances, transfer funds, and even pay bills from the comfort of your home or while out and about. Plus, our ATM services allow for easy cash withdrawals whenever you need them.

Personal Banking Made Easy

We understand that personal banking can be overwhelming, which is why we offer straightforward solutions like checking and savings accounts to help you manage your money effectively. Imagine having a hassle-free way to save for that dream vacation or easily access funds when unexpected expenses arise. Our auto loans and vehicle financing options make it simple to get behind the wheel of a new car, while our mortgage loans and refinancing services support you in finding the perfect home. When life throws challenges your way, our personal loans and debt consolidation services can provide the financial relief you need. And if you're looking to reward yourself for your spending, our credit cards with rewards program offers cash back and other perks that make every purchase more rewarding.

We’re Here For You

Our friendly team is ready to assist you during our operating hours: Monday through Thursday from 9:00 am to 5:30 pm CST, Friday from 9:00 am to 6:00 pm CST, and Saturday from 9:00 am to 1:00 pm CST. Feel free to reach us at 517-333-2424 if you have any questions or need assistance navigating our services. At Michigan State University, we are committed to helping you achieve your financial goals with personalized service and a comprehensive suite of offerings. Join us today and experience the difference in how banking should be!

Digital & Online Banking

Key Features

Our online banking platform allows you to manage your money effortlessly. You can check balances, make transfers, and even set up electronic signatures for added convenience. Plus, with e-statements available, you'll always have a clear view of your financial activity right at your fingertips. Need to send money to a friend? Our person-to-person transfer feature makes it simple and fast. Just a few taps on your mobile device, and the money is on its way! And if you prefer using your smartphone for payments, our mobile payments option is here for you too making transactions easier than ever.

Mobile Application

For those who are always on the go, our mobile application provides all the features of online banking right in your pocket. Whether you're checking your balance or paying bills, you'll find it user-friendly and efficient. Plus, our app is designed with security in mind, ensuring that your personal information stays safe. At Michigan State University, we strive to provide you with the best tools to manage your finances effectively. Join us today and experience the ease of modern banking because when it comes to your money, convenience and security should always come first!

Financial Strength

Committed Team

Our operational efficiency is reflected in our ability to provide quality service without compromising on support. While maintaining our strong offerings, we proudly employ 1,386 full-time employees and 63 part-time employees who are always ready to assist you with their knowledge and commitment.

Member Confidence

Net Shares (Funds available for lending and investments): $15,737,052 contribute to the overall strength of our institution. With a total of 1,007,545 deposit accounts, it's clear that our growing member base 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, Michigan State University is your trusted partner. Visit us at 2234 W North Ave Chicago Il 60647 or call (517) 333-2424 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.

Reinvesting in Member Services

With $683,333,436 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 $67,674 in used auto loans and a total of $6,279,329,147 in loans and leases.

Secure Savings Options

Members' savings are secured through $1,933,647,174 in share certificates and $2,214,188,274 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $68,588,248, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $693,701,569, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $849 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

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $1,035,079,374 in used vehicle loans and $305,468,090 in new vehicle loans already helping members get on the road. Whether you're eyeing a brand-new model or a reliable pre-owned vehicle, our team is ready to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $784,164,693 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance an existing business, we have tailored solutions that can help take your business to the next level. Each loan product at Michigan State University is backed by personalized support and guidance from our dedicated team. We invite you to explore these options further and see how we can help meet your financial needs. For more information or to apply for a loan, please visit us at 2234 W North Ave Chicago Il 60647, Chicago, IL, or give us a call at (517) 333-2424. 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 $292,543,617, make buying or refinancing simple. We provide flexible terms and competitive rates that fit your budget and lifestyle. If you're considering refinancing an existing mortgage, ask us about our eligibility options our goal is to make home financing as straightforward as possible.

Unsecured Credit Card Loans

Managing finances can be challenging, but we also offer flexible terms on unsecured credit card loans. With a total of $450,348,209 in loans helping members manage their finances effectively, our credit cards are designed to provide you with purchasing power while keeping your budget in check.

Loan Aggregator

Benefits of Using LendMesh

With real-time rate comparisons, users can access up-to-date loan rates from multiple institutions. This immediacy helps individuals make timely decisions that could save them money over the life of their loans. For example, 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!" The benefits are clear: by choosing LendMesh, you gain access to verified data, unbiased comparisons, and real-time updates all essential elements for making sound financial choices. 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.

How LendMesh Ensures 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 adherence to established guidelines guarantees fair and transparent offers. By using verified data from legitimate financial institutions, LendMesh builds a foundation of trust for its users. One key aspect of LendMesh's integrity is its commitment to unbiased results. Unlike other platforms that may prioritize lenders based on paid promotions, LendMesh does not engage in sponsored listings. This means every loan offer is presented based solely on its merits, allowing users to easily identify the best options available.

MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION