Midwest Coalition of Labor Credit Union Countryside IL | Affordable Auto Loans & Business Banking

Introduction

Welcome to Midwest Coalition Of Labor in Countryside, Illinois! Located at 6240 Joliet Rd, we are proud to serve our community with a strong commitment to financial well-being and member satisfaction. Since our establishment in 1974, we have grown into a trusted financial partner for over 8,095 members. Our dedication is reflected in our impressive total assets of $71,580,145 and total deposits reaching $1,170,956. At Midwest Coalition Of Labor, we understand that every financial journey is unique. Whether you're looking for personal banking services, auto loans, or business financing options, our experienced team is here to help you every step of the way. Under the leadership of CEO Charles Martin and Board President Steven Cisco, we have built a culture focused on transparency and support for all members. We take pride in our ability to provide tailored financial solutions. With a total loan portfolio comprising 2,994 loans, we strive to meet your needs while ensuring your investments are secure. Our net worth stands at an impressive $9,880,702, highlighting our stability and reliability as a credit union. While you can visit us at our branch address for all your banking needs, please note that official correspondence should be sent to the same address: 6240 Joliet Rd, Countryside, IL 60525. Our dedicated staff is available from Monday to Friday, 8:30 AM - 5:00 PM and on Saturday from 8:00 AM - 12:00 PM. Feel free to reach us at (708) 482-9606 or send us a fax at (708) 482-9449. Join us today and experience the difference that being part of the Midwest Coalition Of Labor makes! Visit our website at mclcu.org or stop by our branch for more information about becoming a member or applying for a loan. Your financial future starts here!

Branch History & Mission

Embracing Modern Solutions

As we continue to grow with the times, we have embraced digital advancements that make banking easier for our members. With features like online banking and mobile application access available at your fingertips, managing your finances has never been simpler. Additionally, our ATM availability ensures you have quick access to your funds whenever needed.

Join Us Today

We invite you to be part of our family at Midwest Coalition Of Labor. Experience firsthand how we can help you achieve your financial goals while contributing to a vibrant community spirit. Visit us during our operating hours Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:00 AM to 12:00 PM or give us a call at 708-482-9606. Together, let's build a brighter future!

Our Mission

At Midwest Coalition Of Labor, our mission is simple yet profound: to empower our members through exceptional financial services while fostering a strong sense of community. We believe that when we support each other financially and socially, everyone thrives. Our services include personal banking options like checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking solutions tailored for local enterprises. We pride ourselves on being more than just a financial institution; we are an integral part of the community fabric. Through various outreach initiatives and partnerships with local organizations, we strive to uplift those around us. Whether it's providing financial education or supporting local events, our goal is to create a positive impact in Countryside.

Branch Location & Accessibility

Operating Hours

We know your time is valuable, which is why we offer convenient hours for our members. Visit us Monday through Friday from 8:30 AM to 5:00 PM, and on Saturdays from 8:00 AM to 12:00 PM. Whether you're looking to open an account or need assistance with loans, we're here during hours that fit your schedule.

Services Offered

As a member of the Midwest Coalition of Labor, you can take advantage of various services tailored just for you. Enjoy easy access to checking and savings accounts, auto loans, mortgage refinancing, credit cards with rewards, and business banking services. Plus, with ATM availability right at our location, cash withdrawal and balance checks are quick and hassle-free. While members can visit us at 6240 Joliet Rd for all their banking needs, any official correspondence should be sent to the same address. If you have any questions or want to learn more about becoming a member, don't hesitate to call us at 708-482-9606. We look forward to welcoming you into our community!

Member Eligibility

Becoming a member of Midwest Coalition Of Labor is like joining a family that truly cares about your financial well-being. If you live, work, worship, or attend school in the area surrounding 6240 Joliet Rd Countryside Il 60525, you're likely eligible to join us! We welcome individuals from various backgrounds and are dedicated to supporting our community. The process is straightforward and friendly just visit our website for more detailed eligibility information at https://mclcu.org/you-the-cu/become-a-member/ . Once you confirm your eligibility, opening an account is simple and quick. You can learn more about how to get started by checking out the details at https://mclcu.org/credit-cards/apply-today/ . If you have any questions or need assistance along the way, feel free to call us at (708) 482-9606. We're here to help you every step of the way as you embark on this exciting journey with Midwest Coalition Of Labor!

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 being able to accept payments easily from your customers, whether they are shopping online or at your brick-and-mortar location. Our merchant services provide you with the tools to do just that. From card processing to online payment solutions, you can focus on what you do best running your business while we take care of the rest. Located at 6240 Joliet Rd Countryside Il 60525 in Countryside, IL, our dedicated team is here to help you navigate your options and find the right solutions for your unique needs. Connect with us today at (708) 482-9606 and let's grow together!

Comprehensive List Of Services

Business Banking Services

For small business owners, we have specialized services including merchant services and business loans that cater specifically to your operational needs. We strive to support local businesses as they grow and thrive in our community.

Convenience at Your Fingertips

Whether you prefer managing your accounts on-the-go or visiting us at our branch, we've got you covered. Our basic ATM access allows you to withdraw cash or check your balance effortlessly. Plus, with our friendly staff ready to assist during lobby hours from Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:00 AM to 12 PM you'll receive personalized service tailored just for you. In summary, at Midwest Coalition Of Labor, we're more than just a credit union; we're your financial partner committed to helping you achieve your goals. Whether you're opening a new account or applying for a loan, we're here every step of the way.

Digital Banking Features

Understanding the importance of accessibility, we provide robust online and mobile banking solutions. You can easily check your balance, transfer funds, and pay bills from anywhere at any time. With features like ATM access for cash withdrawals, managing your finances has never been easier.

Get Started Today!

Ready to explore how we can help? Call us at (708) 482-9606 or visit us online at https://mclcu.org/ for more information about becoming a member or opening an account today!

Personal Banking Services

We offer comprehensive personal banking solutions designed for convenience and flexibility. Our checking and savings accounts are tailored to help you manage your money effectively. If you're looking to buy a car, our auto loans and vehicle financing options make it easier for you to hit the road without breaking the bank. For those dreaming of home ownership, our mortgage loans and refinancing services can help turn that dream into reality. Additionally, if you find yourself in need of extra cash, our personal loans and debt consolidation options provide a way to regain control over your finances. And don't forget about our credit cards with rewards, which allow you to earn while you spend.

Digital & Online Banking

Key Features

Managing your accounts has never been easier with features like electronic signature authorization. This means you can sign documents securely from the comfort of your home no more printing, signing, and scanning! Plus, enjoy the added benefit of e-statements for easy record-keeping. You'll receive your statements electronically, making it simple to stay organized and eco-friendly. For those who prefer using their smartphones, our mobile application is available for download. You can make person-to-person transfers effortlessly with just a few taps on your screen. Although we currently do not offer mobile payments, our app ensures that all other transactions are quick and user-friendly. At Midwest Coalition Of Labor, we believe that banking should fit into your lifestyle seamlessly. Our online platform is designed with you in mind providing real-time account management that empowers you to make informed financial decisions quickly and easily. Experience the peace of mind that comes with knowing you have reliable access to your finances whenever you need it. Join us today at Midwest Coalition Of Labor and discover how our digital banking services can enhance your financial journey!

Financial Strength

Growing Membership Base

With total share accounts reaching 10,882, we have a strong and growing member base that trusts us with their finances. Additionally, net shares available for lending and investments stand at $64,925, showcasing our ability to support your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Midwest Coalition Of Labor is your trusted partner. Visit us at 6240 Joliet Rd Countryside Il 60525 or call (708) 482-9606 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

Members' savings are secured through $8,897,797 in share certificates and $5,078,155 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,148,850, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $860,574 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 9 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting for Your Benefit

Our commitment to member satisfaction is further reflected in our $8,149,647 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $940 in used auto loans and $47,333,293 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Solid Financial Health

With a net worth of $9,880,702, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,380 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 $15,852,095 in used vehicle loans and $4,455,085 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, we have options that fit your budget and lifestyle.

Credit Lines and Unsecured Loans

For those who need flexibility, our total credit lines amount to $8,000,000, providing members with access to funds when they need them most. Additionally, we also offer flexible terms on unsecured credit card loans, with a total of $2,300,764 in loans helping members manage their finances effectively. Our branch is located at 6240 Joliet Rd Countryside Il 60525 in Countryside, IL. If you have any questions or would like more information about our loan offerings, feel free to reach out to us at (708) 482-9606 during our operating hours: Monday - Friday from 8:30 AM to 5:00 PM and Saturday from 8:00 AM to 12 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Midwest Coalition Of Labor, we strive to support our community through accessible lending solutions tailored for every member's journey. Whether it's a personal loan or assistance with refinancing options, we're here to help you navigate your financial path with confidence.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $7,644,491, make buying or refinancing simple. We are here to guide you through the process and help you find the best terms for your situation.

Loan Aggregator

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MIDWEST COALITION OF LABOR CREDIT UNION