Selfreliance Credit Union Chicago IL | Best Auto Loans & Business Banking

Introduction

Welcome to Selfreliance, your trusted partner in financial well-being located at 5000 N Cumberland Ave, Chicago, IL 60656. Established in 1951, our credit union has proudly served over 46,762 members, providing a range of personal and business banking solutions tailored to meet your needs. With total assets exceeding $1 billion and a robust membership base, we're dedicated to building strong relationships within our community. At Selfreliance, we understand that every member's financial journey is unique. That's why we offer an array of services, including checking and savings accounts, auto loans, mortgage financing, and credit card options with rewards. We strive to make banking accessible and convenient for you through our online and mobile banking platforms. While members can visit us at our branch for all their banking needs, any official correspondence should be sent to the same address: 5000 N Cumberland Ave, Chicago, IL 60656. Our friendly team of 152 employees, led by CEO Vitaliy Kutnyy and Board President Victor Wojtychiw, is committed to offering personalized service that goes above and beyond. With total deposits reaching $76,991,995 and total loans amounting to 23,434, we are well-equipped to support your financial aspirations. Our net worth stands at an impressive $134,732,850, reflecting our stability and commitment to our members' financial health. We invite you to explore everything Selfreliance has to offer! Whether you're looking for a new loan or want advice on saving for the future, don't hesitate to reach out. You can call us at 773-589-0077 or visit our website at selfreliance.com for more information. Your financial success starts here!

Branch History & Mission

Commitment to Community

We understand that being a credit union means more than just banking; it's about being part of the fabric of our community. That's why we actively engage in local outreach programs and partnerships that uplift those around us. Whether it's sponsoring local events or providing financial education workshops, we aim to make a positive impact every day. While members can visit us at 5000 N Cumberland Ave, official correspondence should be sent to the same address as our mailing address. Our team is available during operating hours: Monday through Friday from 9 AM to 7 PM (with adjusted Saturday and Sunday hours), making it easy for you to connect with us when you need support. In this digital age, we're also proud to offer online banking options, mobile payments, and e-statements so that managing your finances is as convenient as possible.

Join Us Today!

If you're looking for a credit union that values its members and prioritizes community involvement, look no further than Selfreliance. We invite you to experience firsthand the benefits of membership. Visit us today or reach out at 773-589-0077 to learn how we can help you achieve your financial goals!

Our Mission

At Selfreliance, our mission is simple yet powerful: to empower our members by providing comprehensive financial solutions tailored to their unique needs. We believe in making banking accessible for everyone while promoting financial literacy and growth within our community. Our services range from personal banking like checking and savings accounts to loans for vehicles and homes, all designed with your best interests in mind. Our headquarters in Chicago oversees all operations, ensuring we maintain the highest standards of service and support. With total assets exceeding $1,019,513,746, we are committed to managing your money responsibly while offering competitive rates and personalized assistance.

Branch Location & Accessibility

Operating Hours

Our doors are open for you during convenient hours throughout the week. Join us on Monday, Wednesday, and Thursday from 9 AM to 5 PM; we extend our hours on Tuesday and Friday until 7 PM. On weekends, we're available from 9 AM to 1 PM. If you prefer banking from the comfort of your car, take advantage of our drive-thru services open during the same hours as our lobby!

Services Offered

At Selfreliance, we offer a variety of services designed to help you achieve your financial goals. From checking and savings accounts to auto loans and mortgage refinancing options, we've got you covered. Our ATM is available for quick cash withdrawals and balance checks when you're on the go. Need assistance? Don't hesitate to give us a call at 773-589-0077. We invite you to come by and discover how Selfreliance can support your financial journey. Whether it's discussing loan options or simply asking questions about your accounts, we're here for you!

Member Eligibility

At Selfreliance, we believe that everyone deserves a chance to be part of a caring community. Becoming a member is simple and welcoming! If you're living, working, or attending school in the area, you may already meet our eligibility criteria. We value diversity and aim to serve individuals from all walks of life. You can find more detailed information about who can join by visiting our website at http://www.selfreliance.com/join-about-us/membership/. Once you're ready to take the next step, opening an account is just as easy! Our friendly team is here to guide you through the process, ensuring that you feel supported every step of the way. For all your questions or if you'd like assistance, don't hesitate to reach out at (773) 589-0077. Together, let's make your financial dreams a reality at Selfreliance, located at 5000 N Cumberland Ave Chicago Il 60656.

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 $561 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $1 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $211,270,392, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine running your business smoothly with hassle-free payment options. Our merchant services are designed to simplify transactions for you and your customers, ensuring that every sale is quick and efficient. From credit card processing to online payment solutions, we make it easy for you to focus on what matters most growing your business. Located at 5000 N Cumberland Ave Chicago Il 60656 in Chicago, IL, our team is ready to partner with you on your journey towards success. Contact us today at (773) 589-0077 to discover how we can assist your business!

Comprehensive List Of Services

Business Banking

For our entrepreneurial members, we have business banking solutions including merchant services and business loans. These services are designed to help you grow and manage your business effectively.

Digital Banking Convenience

In today's fast-paced world, convenience is key. At Selfreliance Nw Branch, we prioritize digital banking features that allow you to manage your finances on the go. Our online and mobile banking platforms let you check balances, transfer funds, and pay bills from anywhere. Plus, with ATM access available for cash withdrawals and balance checks, managing your money has never been easier.

Drive-Thru & ATM Services

If you're on the move but need to complete a quick transaction, take advantage of our basic drive-thru banking services for deposits, withdrawals, and other simple transactions. Our ATM availability ensures you can access your funds whenever you need them without any hassle. At Selfreliance, we're dedicated to providing personalized service that meets the unique needs of each member. Whether you're visiting us at 5000 N Cumberland Ave Chicago Il 60656 or reaching out via phone at (773) 589-0077, our friendly staff is ready to assist you in achieving your financial goals. Ready to take the next step? Visit us today or explore our website at https://www.selfreliance.com:443/ for more information about how we can support you!

Loans and Credit

Sometimes life brings unexpected costs, and that's where our personal loans and debt consolidation services come in handy. You can simplify your finances by consolidating multiple debts into one manageable loan. We also offer credit cards with rewards, allowing you to earn benefits while making everyday purchases.

Personal Banking

We offer comprehensive personal banking solutions tailored to fit your lifestyle. Whether you're looking for checking and savings accounts to manage day-to-day expenses or planning for the future, our team is here to help you find the right options. Need a new car? Our auto loans and vehicle financing make it easy to hit the road without breaking the bank. If homeownership is on your mind, we provide mortgage loans and refinancing options that can help turn your dream into reality.

Digital & Online Banking

Key Features

Our online banking service is available 24/7, giving you the freedom to check balances, transfer funds, and pay bills whenever it suits you. Need to send money to a friend? Our person-to-person transfer feature makes it easy and fast. You'll appreciate how effortless it is to manage your accounts with just a few clicks. For those who prefer mobile banking, we've got you covered with our user-friendly mobile application. It allows you to make payments on the go and even utilize mobile payment features for added convenience in stores or online. And for those who love going paperless, we provide e-statements that keep your financial records organized while being environmentally friendly.

Security and Convenience

Security is a top priority at Selfreliance. With electronic signature authorization, you can complete transactions safely from home without the hassle of printing or mailing forms. We ensure your personal information stays protected every step of the way. With these features combined, managing your finances has never been easier or more accessible. Whether you're using our website or mobile app, you'll find that tracking your finances feels straightforward and secure. Join us today at Selfreliance and discover how our digital banking services can enhance your financial experience!

Financial Strength

At Selfreliance, 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 are proud to share our financial strength with you, which reflects our commitment to serving your needs with confidence. With a net worth of $134,732,850, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1321 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 $338,018,008 in share certificates and $90,201,078 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 $119,439,128 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, our lending capacity supports your financial goals with $1223 in used auto loans and $597,246,512 in total loans and leases. Our operational efficiency is highlighted by our net income of $2133, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 142 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts: 96,157, show a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) stand at $6,622,840. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Selfreliance is your trusted partner. Visit us at 5000 N Cumberland Ave Chicago Il 60656 or call 773-589-0077 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $18,030,517 in used vehicle loans and $7,248,560 in new vehicle loans already helping members get on the road. We make financing your vehicle simple and accessible. Plus, if you're considering refinancing your current auto loan, we have options available to help you save money.

Business Loans

For business owners, our outstanding commercial loans totaling $211,270,392 provide the capital needed to grow and expand. Whether you need funding for equipment, inventory, or working capital, we're here to support your business journey. At Selfreliance, we believe in making finance straightforward and approachable. If you're interested in any of our loan products or would like more information about eligibility options, feel free to reach out! You can contact us at (773) 589-0077, or visit us at our branch located at 5000 N Cumberland Ave Chicago Il 60656 in Chicago, IL. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let's work together towards your financial success!

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $9,035,439 in loans helping members manage their finances effectively. Our credit card options come with competitive rates and can provide the flexibility you need for everyday expenses or unexpected costs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $4,864,705, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance an existing mortgage, our team is here to guide you through the process.

Loan Aggregator

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Selfreliance