R.i.a. Credit Union Milan IL | Affordable Auto Loans & ATM Access

Introduction

At R.i.a., located at 110 10Th Ave E, Milan, IL 61264, we believe in building strong relationships with our members and the community. Established in 1935, we have been serving our members for decades, fostering a sense of trust and reliability that you can count on for your financial needs. With a total membership of over 40,429 individuals, we are proud to be a cornerstone of support in our area. While members can visit us at our branch in Milan, official correspondence should be sent to our mailing address: PO Box 4750, Rock Island, IL 61204-4750. This allows us to streamline communication while ensuring that all your inquiries are handled promptly. As of now, R.i.a. boasts impressive total assets of $607,261,538 and total deposits reaching $14,129,844. Our commitment to offering valuable financial services is reflected in our diverse loan portfolio of 31,406 loans and leases available to assist you with everything from personal loans to auto financing. Our net worth stands strong at $53,970,774, showcasing our stability and dedication to member service. Under the leadership of our CEO, James Watts, and Board President John Masengarb, we continue to strive for excellence in all that we do. Our team of 138 employees works diligently every day to provide personalized banking experiences that meet your unique needs. Whether you're looking to open a checking account or explore loan options, we invite you to visit us or give us a call at (563) 355-3800. Discover how R.i.a. can help you achieve your financial goals today! For more information about our services and offerings, please check out our website at riafcu.com.

Branch History & Mission

Community Engagement

Our success is intertwined with the well-being of the communities we serve. That's why R.i.a. actively participates in local events and partners with organizations that aim for positive change. We believe that when our members thrive, so does the entire community.

Join Us Today!

As we look toward the future, we invite you to become part of the R.i.a. family. Experience firsthand how we can help you achieve your financial goals while being supported by a caring community institution. Visit us today at 110 10Th Ave E in Milan or call us at 563-355-3800 to learn more about membership options and how you can benefit from everything R.i.a. has to offer!

Our Mission

At R.i.a., our mission goes beyond providing financial products; it's about empowering individuals and families for a brighter future. We offer an array of services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions tailored to meet diverse needs. We are dedicated to enhancing lives by offering competitive rates and financial education resources. As part of our commitment to accessibility, we ensure that our services are available both online and through traditional banking methods. Whether you prefer online banking or visiting us in person for drive-thru services or ATM access which we proudly offer our goal is to make your experience as smooth as possible.

Our Story

R.i.a.'s journey started with the belief that everyone deserves access to fair and affordable financial services. As we expanded our offerings, we maintained our focus on personalized service and community support. Our branch located at 110 10Th Ave E in Milan is not just a place for transactions; it's where relationships are built. We are proud to be part of this vibrant community and contribute positively through various outreach initiatives. While members can visit us at our Milan location, official correspondence should be sent to our mailing address: PO Box 4750, Rock Island, IL 61204-4750. This central hub allows us to efficiently manage communications while staying connected to our roots.

Branch Location & Accessibility

Easy Access for Everyone

Our location is designed with your convenience in mind. We have ample parking available right outside the entrance, making it easy for you to stop by anytime during our operating hours. If you require assistance, rest assured that we are ADA compliant with features like ramps to ensure everyone can access our services comfortably.

Operating Hours Tailored for You

We understand that life gets busy! That's why we offer flexible banking hours: - Monday, Tuesday, Thursday: 8:30 AM - 5:00 PM - Wednesday: 11:00 AM - 5:00 PM - Friday: 8:30 AM - 6:00 PM - Saturday: 8:30 AM - 1:00 PM Whether you need help with personal banking or have questions about loans and services, our friendly staff is here to assist you during these times.

Services Designed for Your Needs

At R.i.a., we offer a wide range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. Plus, if you're on the go, take advantage of our ATM services and basic drive-thru banking for deposits and withdrawals. So why wait? Come visit us at R.i.a. today or give us a call at 563-355-3800. We're excited to help you on your financial journey!

Member Eligibility

At R.i.a., we believe that everyone deserves access to a financial community that truly cares. If you're looking to join us, becoming a member is simple and welcoming. You may be eligible if you live, work, or worship in our local area, or have a family member who is already part of our credit union. We take pride in creating an inclusive environment where you can enjoy personalized services like checking and savings accounts, loans, and more tailored to your needs. To learn more about the eligibility criteria and see if you qualify, please visit our detailed resource at https://www.riafcu.com/resources/how-do-i-become-a-member/ . Once you're ready to take the next step, opening your account is just a click away at https://www.riafcuhb.com/tob/live/usp-core/app/register . If you have any questions or need assistance, feel free to reach out to us at (563) 355-3800. We can't wait for you to join our growing family at R.i.a. located at 110 10Th Ave E Milan Il 61264!

Business Banking & Commercial Services

Lending That Fuels Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $38 in non-member commercial loans, providing flexible financing solutions. Imagine having access to the funds necessary to expand your operations, purchase new equipment, or invest in marketing strategies that propel your brand forward. Our loan options are tailored to meet these goals and more.

Merchant Services That Simplify Transactions

In today's fast-paced world, efficient payment processing is crucial for any business. Our merchant services allow you to accept payments seamlessly, whether online or in-person. Picture a busy Saturday at your shop customers stream in, and with our services, each transaction is quick and hassle-free. This not only enhances customer satisfaction but also boosts your bottom line. Located at 110 10Th Ave E Milan Il 61264 in Milan, IL, we are here to empower local businesses like yours. Let's work together to unlock new possibilities for growth! For more information, give us a call at (563) 355-3800.

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM services allow for easy withdrawals and balance checks without stepping inside the branch. Additionally, our drive-thru facility ensures that even basic transactions like deposits or withdrawals are quick and convenient. At R.i.a., we are here for you every step of the way. If you have questions about any of our services or want to explore how we can assist with your financial goals, don't hesitate to reach out! Call us at (563) 355-3800 or visit us online at 10. We look forward to serving you!

Auto Loans & Vehicle Financing

When it's time to purchase your next vehicle, our competitive auto loans make it simple. Whether you're eyeing a new ride or considering a used car, our financing options can help turn your dream into reality without breaking the bank.

Business Banking

For our business members, we offer specialized services like merchant services and business loans. Whether you're starting a new venture or looking to expand an existing one, we're committed to supporting local businesses in their growth and success.

Credit Cards with Rewards

Our credit cards with rewards not only make purchases easier but also give you something back every time you shop. Imagine earning points for travel or cashback on everyday expenses it's just one more way we strive to add value to your membership.

Digital Banking Convenience

In today's fast-paced world, having access to your accounts anytime is crucial. That's why we provide robust online and mobile banking platforms. You can easily check balances, pay bills, transfer funds, and even conduct person-to-person transactions all from the comfort of your home or on the go.

Home Financing

If buying a home is on your horizon, look no further than our mortgage loans and refinancing solutions. We're here to guide you through each step of the home-buying process, ensuring you find a mortgage that suits your budget and lifestyle.

Personal Banking

We understand that managing finances can sometimes feel overwhelming. That's why we offer checking and savings accounts designed for convenience and flexibility. With easy online access and mobile banking options, checking your balance or transferring funds is just a few taps away. Need extra cash? Our personal loans and debt consolidation services can help you get back on track. Imagine having the ability to combine multiple debts into one manageable payment, making life just a little easier.

Digital & Online Banking

Key Features

One of the standout features available is our E-Statements, which allow you to receive your account statements electronically. This not only helps reduce paper clutter but also offers you quick access to your financial information anytime you need it. Plus, with no requirement for electronic signature authorization, managing your documents has never been easier. If you're looking to send money quickly, our person-to-person transfer feature makes it simple to send funds directly to friends or family without extra fees. And for those on the go, our mobile application provides all the tools you need right in your pocket. Unfortunately, we currently do not offer mobile payments; however, our app allows for convenient account management.

Security and Accessibility

Your security is our priority. Our online banking platform employs robust security measures to ensure that your personal information remains safe while you manage your finances online. You can feel confident knowing that every transaction is protected. At R.i.a., we believe in making banking accessible for everyone. That's why our services are designed with ease-of-use in mind, enabling real-time account management whenever and wherever you are. With us, taking control of your finances is straightforward and stress-free. Explore all these features and more by visiting https://www.riafcu.com/ today!

Financial Strength

Commitment to Growth

With $49,455,643 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 your financial goals across various sectors with $6,530 in used auto loans and $463,211,365 in total loans and leases.

Growing Member Base

Total Share and Deposit Accounts: 73,505, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, R.i.a. is your trusted partner. Visit us at 110 10Th Ave E Milan Il 61264 or call (563) 355-3800 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our impressive $1,147,240 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 129 full-time employees and 9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $149,301,646 in share certificates and $111,683,112 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $43,755,023, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $53,970,774, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $884 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 $80,475,830 in used vehicle loans and $87,177,299 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used vehicle, our competitive rates make it easy to drive away in the car you want.

Credit Lines

For those needing extra flexibility, our total credit lines amounting to $48,774,436 offer an excellent solution. This allows members to access funds when they need them most without taking on more debt than necessary. We also have refinancing options available for many of our products. If you're looking to lower your monthly payments or consolidate debt into one manageable payment plan, be sure to ask about eligibility requirements when you reach out. Our experienced staff is ready to assist you with any questions regarding our loan offerings and help guide you through the application process. You can reach us at 563-355-3800 during our operating hours: Monday through Tuesday and Thursday from 8:30 AM to 5:00 PM; Wednesday from 11:00 AM to 5:00 PM; Friday from 8:30 AM to 6:00 PM; and Saturday from 8:30 AM to 1:00 PM. For more information on how we can assist you further or details about becoming a member at R.i.a., please visit our website at riafcu.com. *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 $59,045,468, make buying or refinancing simple. We provide personalized assistance throughout the mortgage process to ensure that your experience is smooth and straightforward.

Unsecured Credit Card Loans

Managing daily expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $13,167,606 in loans helping members manage their finances effectively. Our credit cards come with various benefits designed to meet your spending habits.

Loan Aggregator

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R.I.A. FEDERAL CREDIT UNION