MWRD Employees Credit Union Chicago IL | Affordable Auto Loans & Business Banking

Introduction

At Mwrd Employees, we believe that financial strength and community support go hand in hand. Established in 1953, our credit union has proudly served the Chicago area from our location at 100 E Erie St, Chicago, IL 60611. With a commitment to member satisfaction, we now boast a membership of over 2,163 individuals who rely on us for their financial needs. Our dedication to providing quality service is reflected in our robust financial standing. Currently, we have total assets amounting to $40,837,826 and total deposits reaching $4,496,516. This solid foundation allows us to offer various loans totaling 130,978 to help our members achieve their goals. Additionally, our net worth stands at an impressive $5,452,505, showcasing our stability and reliability. Led by our CEO Linda Geers and Board President Keri Steele, our small but mighty team of 7 employees works diligently to ensure that each member feels valued and supported. We pride ourselves on offering personalized services that cater to your unique financial situation. While members can visit us at our branch address for all banking needs, official correspondence should be directed to the same address: 100 E Erie St, Chicago, IL 60611-2829. Whether you're looking for personal banking solutions such as checking and savings accounts or need assistance with auto loans and mortgages, Mwrd Employees is here to guide you every step of the way. For more information about our services or to become a member today, please visit us at mwrdecu.org or give us a call at 312-751-3111. Let's build a stronger community together!

Branch History & Mission

Community Engagement

Beyond providing excellent financial services, we actively engage in community outreach efforts aimed at supporting local initiatives. We take pride in building partnerships with organizations that share our vision for community development. Whether it's hosting financial literacy workshops or participating in local events, we work hard to make a positive impact in Chicago. In an increasingly digital world, Mwrd Employees also embraces technology by offering online banking services that allow members to manage their finances anytime and anywhere. This commitment ensures accessibility for all members while adhering to ADA compliance standards. As we look towards the future, we invite you to join our growing family at Mwrd Employees. Experience firsthand how we can help you achieve your financial goals while being part of a supportive community. Call us today at 312-751-3111 or visit our website at mwrdecu.org to learn more about membership eligibility and how you can benefit from becoming part of something truly special. Join us on this journey together we can build a brighter financial future!

Our Mission

At Mwrd Employees, our mission is simple yet profound: we strive to provide personalized financial solutions that enhance the lives of our members and strengthen our community. We believe that everyone deserves access to quality financial products without unnecessary barriers. That's why we offer a range of services including checking and savings accounts, auto loans, mortgage options, and credit cards with rewards all designed with your needs in mind. While members can visit us at 100 E Erie St for all their banking needs, official correspondence should be sent to the same address: 100 E Erie St, Chicago, IL 60611-2829. We understand that convenience matters; therefore, we are committed to providing a welcoming environment during our operating hours: Monday through Tuesday and Thursday through Friday from 8:30 AM to 4:00 PM, and Wednesday from 8:30 AM to 12:30 PM.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind, ensuring that everyone can visit us comfortably. We have ADA-compliant features such as ramps and designated parking spots to accommodate all our members. If you need assistance while visiting, our friendly staff is always ready to help.

Call to Action

If you have any questions or need assistance, feel free to give us a call at 312-751-3111. Our team is eager to help you with whatever you need! We invite you to visit us soon at Mwrd Employees your financial partner right here in Chicago!

Operating Hours

We know how busy life can get, so we've tailored our hours for your convenience. You can visit us on Monday, Tuesday, Thursday, and Friday from 8:30 AM to 4:00 PM, or come by on Wednesday when we open from 8:30 AM until 12:30 PM. No matter what day you choose to stop in, we're here to serve you!

Services Offered

At Mwrd Employees, we provide a range of banking services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgage financing, you'll find everything you need under one roof. We also offer online banking services for those who prefer managing their finances from home.

Member Eligibility

At Mwrd Employees, we believe that becoming a member means joining a close-knit community that values your financial wellbeing. If you're wondering whether you can join us, the good news is that eligibility is quite simple! To become a member of Mwrd Employees, you just need to be an employee of the Metropolitan Water Reclamation District or a family member of an existing member. This inclusive approach ensures that we welcome those who share our mission of supporting one another in achieving financial goals. Becoming part of our family offers you access to a range of services tailored for your needs, including competitive rates on loans and personalized banking solutions. If you're ready to take the next step, opening an account is easy! You can find all the details and even start the process by visiting us online at https://www.financial-net.com/mwrdecu/lending/internetloans. For any questions or to get more information, feel free to give us a call at (312) 751-3111. To learn more about our eligibility criteria, check out this resource: http://mwrdecu.org/about-us/membership. We can't wait to have you with us!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer merchant services that make transactions easier for your business. Whether it's streamlining payment processing or providing essential tools to manage your cash flow, our services help you focus on what matters growing your business. By partnering with us, you can enhance customer experience while simplifying daily operations. Located at 100 E Erie St Chicago Il 60611 in Chicago, IL, we're here to help you take your business to the next level. For more information, call us at (312) 751-3111 or visit our website at https://www.mwrdecu.org/.

Tailored Business Loan Options

Imagine having the financial backing to expand your operations, invest in new equipment, or hire additional staff. 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.

Comprehensive List Of Services

Accessibility & Convenience

At Mwrd Employees, accessibility is key. Our ATM and cash withdrawal services ensure you have access to your money when you need it most. Although we currently do not have drive-thru services or ATMs at this branch, we encourage members to take advantage of our online banking options for quick transactions anytime. We invite you to visit us at 100 E Erie St Chicago Il 60611 or call us at (312) 751-3111 to learn more about how our comprehensive services can meet your financial needs. Join us today at Main Office, where your financial journey begins!

Auto Loans & Vehicle Financing

Dreaming of a new car? Our auto loans and vehicle financing options are designed to make your dream a reality. We understand that purchasing a vehicle is a significant investment, so we provide competitive rates and flexible terms to suit your budget. Imagine driving off in your new car with financing that works for you!

Business Banking Solutions

For business owners, we provide essential services such as merchant services and business loans to help your business thrive. Our team understands the unique challenges businesses face and is here to support your growth every step of the way.

Credit Cards with Rewards

Enjoy shopping rewards with our credit cards that come with exciting benefits! Whether it's cash back on purchases or travel points, our rewards program allows you to earn while you spend. Plus, managing your card online is easy and convenient.

Mortgage Loans & Refinancing

Homeownership is an important milestone for many families. That's why we offer mortgage loans and refinancing options that can help you secure the home of your dreams or lower your current mortgage payments. With personalized guidance throughout the process, we make home financing straightforward and stress-free.

Personal Banking

Managing your personal finances has never been easier with our robust personal banking services. We offer checking and savings accounts tailored to fit various lifestyles, helping you save for short-term goals or manage daily transactions efficiently. If you're in need of some extra funds, consider our personal loans for debt consolidation or unexpected expenses. For those on the move, our online and mobile banking features allow you to check balances, transfer funds, and pay bills right from your smartphone or computer.

Digital & Online Banking

At Mwrd Employees, we understand that convenience and security are paramount in today's fast-paced world. That's why our digital and online banking services are designed to give you easy access to your finances whenever you need it, right from the comfort of your home or on the go. With our user-friendly online banking platform, available at https://www.mwrdecu.org/, you can manage your accounts 24/7. Whether you want to check your balance, pay bills, or transfer funds between accounts, everything is just a few clicks away. Plus, for those times when you need to send money quickly to friends or family, our person-to-person transfer feature makes it easy to share funds instantly. We also offer e-statements for your convenience. You can say goodbye to paper clutter and access your financial statements securely online whenever you need them. This feature not only helps keep your information organized but also contributes to a greener environment. While we currently do not offer mobile payments or a dedicated mobile application, our robust online banking system ensures that all transactions are secure and straightforward. You can rest assured knowing that your data is protected as you navigate through your account. At Mwrd Employees, we prioritize making banking accessible and manageable for everyone. Our commitment to security means you can perform all these tasks with peace of mind, knowing that your financial information is safe with us. Join us today and experience the ease of managing your finances digitally!

Financial Strength

Growing Membership Base

We currently have a total of 3,252 share and deposit accounts, showing a strong and growing member base that trusts us with their finances. Our net shares available for lending stand at $0, further enhancing our ability to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mwrd Employees is your trusted partner. Visit us at 100 E Erie St Chicago Il 60611 or call (312) 751-3111 to learn more about how we can help you achieve your financial goals.

Investment in Growth

With $5,357,306 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to your financial well-being is reflected in our total loans and leases amounting to $22,291,906, which supports members' financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $7,734,757 in share certificates and $675,454 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.

Operational Efficiency

Our operational efficiency is highlighted by a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 6 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $5,452,505, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,332 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 $4,152,746 in used vehicle loans and $4,852,581 in new vehicle loans already helping members get on the road. We make it easy for you to find a loan that fits your budget, whether it's for a brand-new vehicle or a reliable used car.

Credit Lines

For those who need extra flexibility in managing their finances, our credit lines totaling $500,000 offer just that. This option allows you to borrow as needed while providing the security of having funds available when unexpected expenses arise. At Mwrd Employees, we prioritize transparency and support throughout your lending experience. If you're interested in refinancing options or want to learn more about eligibility requirements for our various loan products, don't hesitate to ask during your visit or contact us directly. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're here to help you navigate your financial future confidently!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,689,132, make buying or refinancing simple. We believe that everyone deserves the opportunity to own their own home, and our competitive rates help turn that dream into reality.

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $792,367 in loans helping members manage their finances effectively. These cards come with great benefits and can be an essential tool in your financial toolkit.

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 the offers presented are fair and transparent. By working with verified financial institutions, LendMesh guarantees that users are viewing legitimate loan options tailored to their needs.

Key Benefits of Using LendMesh

- Verified Data: Loan offers come from trusted financial institutions, providing clear and honest insights into available options. - No Sponsored Listings: Unlike other comparison tools, LendMesh does not prioritize lenders based on paid promotions. This commitment to unbiased results means users receive information based solely on the best available rates. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing for well-informed decision-making. 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!" If you're ready to take control of your borrowing options, 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.

Mwrd Employees