Tee-pak Credit Union Danville IL | Affordable Auto Loans & Business Banking

Introduction

Welcome to Tee-pak, your trusted financial partner located at 3591 N Vermilion St, Danville, IL 61832. Since our establishment in 1949, we've dedicated ourselves to serving the community with integrity and commitment. With a growing membership base of 2,437 individuals, we pride ourselves on being more than just a credit union; we are a supportive family that prioritizes your financial well-being. As a member-focused institution, Tee-pak boasts total assets of $25,681,373 and total deposits amounting to $718,954. Our strong net worth of $3,718,842 reflects our stability and reliability as a financial resource for you. We currently hold $130,895 in loans and leases, demonstrating our commitment to providing accessible financing options tailored to your needs. Under the leadership of our CEO, Amber Hahn, and Board President, Troy Pearson, Tee-pak is committed to fostering a nurturing environment where members can thrive financially. Our dedicated team of 7 employees is always ready to assist you with services ranging from personal banking and auto loans to business banking solutions. While members can visit us at our branch location for all their banking needs, official correspondence should be directed to the same address: 3591 N Vermilion St, Danville, IL 61832-1337. We invite you to explore what Tee-pak has to offer by visiting our website at teepakcu.org or giving us a call at 217-477-4428. Join us today and experience the difference that comes with being part of a community-focused credit union!

Branch History & Mission

At Tee-pak, our story began in 1949 in Danville, Illinois, where we first opened our doors at 3591 N Vermilion St. Over the years, we have grown from a small credit union into a vital part of the community, proudly serving over 2,400 members and managing total assets of $25,681,373. Our mission has always been clear: to empower our members through accessible financial services while actively supporting and investing in our local community. From our humble beginnings, Tee-pak has evolved significantly. Each milestone marks not just growth but a deeper commitment to the values that drive us integrity, service, and community involvement. As we expanded our offerings to include personal banking options like checking and savings accounts, auto loans, mortgages, and business banking solutions, we ensured that our members had access to the tools they need for financial success. Our branch is conveniently located near key landmarks in Danville, making it easy for members to visit us. While members can stop by at 3591 N Vermilion St for their banking needs, official correspondence should be sent to our mailing address at 3591 N Vermilion St, Danville, IL 61832-1337. Tee-pak's mission extends beyond just providing financial products; we aim to foster growth within our community. We actively participate in outreach efforts and collaborations with local organizations to uplift those around us. Our customer-centric approach includes modern conveniences such as online banking and mobile payments while ensuring ADA compliance so that everyone can access our services without barriers. Our operating hours are designed to accommodate your busy schedule: Monday through Tuesday and Thursday from 8:30 AM to 5 PM; Wednesday from 10 AM to 5 PM; Friday from 8:30 AM to 6 PM; and Saturday from 9 AM to 12 PM. Additionally, we offer ATM availability and drive-thru banking for added convenience. As you consider your financial future, we invite you to join Tee-pak Credit Union. Experience firsthand how we prioritize your needs while contributing positively to the community we all share. Together, let's build a brighter financial future! For more information or assistance, feel free to call us at (217) 477-4428.

Branch Location & Accessibility

Accessibility Features

At Tee-pak, we prioritize accessibility for everyone. Our branch is ADA compliant, ensuring that all members can comfortably access our services. You'll find ample parking available, including designated spots for those who need them. Plus, our drive-thru service allows you to handle simple transactions without leaving your vehicle.

Contact Us

Have questions? We're just a phone call away! Reach out at 217-477-4428 for any inquiries or visit us at our branch your financial wellness is important to us! While members can visit us at 3591 N Vermilion St, official correspondence should be sent to our mailing address at the same location (please note the zip code: 61832-1337). Come see how Tee-pak can make banking easier for you today!

Nearby Landmarks

Situated near key landmarks in the vibrant city of Danville, you'll find us just a stone's throw away from local shops and restaurants. This central location makes it easy for you to stop by while running errands or enjoying a day out in the community.

Operating Hours

We know that life can be busy, so we've tailored our hours to fit your schedule. Visit us Monday, Tuesday, and Thursday from 8:30 AM to 5 PM; Wednesdays from 10 AM to 5 PM; Fridays from 8:30 AM to 6 PM; and Saturdays from 9 AM to 12 PM. These hours are designed to accommodate your needs whether you're stopping by during lunch or after work.

Services Offered

Tee-pak offers a wide range of services to help you manage your finances effectively. From personal banking options like checking and savings accounts to auto loans and mortgage financing, we're here to support your financial journey. Need cash? Our ATM is available for quick withdrawals and balance checks, while our drive-thru provides convenient access for deposits and other basic transactions.

Member Eligibility

At Tee-pak, we believe that everyone deserves a chance to be part of our friendly and supportive community. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the area, you're likely eligible to join us. We love to connect with our neighbors and provide financial services that truly meet your needs. For more details on eligibility requirements, feel free to check out our website at . Opening an account with us is an easy step toward enjoying all the benefits we offer, from competitive loan rates to personalized service tailored just for you. If you have any questions or want to get started, don't hesitate to give us a call at (217) 477-4428. We're here to help you every step of the way at our branch located at 3591 N Vermilion St Danville Il 61832!

Business Banking & Commercial Services

Business Loans That Drive Growth

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 Tailored for You

Imagine having a reliable partner that not only understands your financial needs but also provides tools to simplify transactions. Our merchant services help you accept payments easily, whether it's through credit cards or digital wallets. This means faster checkouts for your customers and more time for you to focus on what truly matters growing your business. Located at 3591 N Vermilion St Danville Il 61832 in Danville, IL, we're here to assist you with personalized service and expert advice. Contact us today at (217) 477-4428 to learn how we can help elevate your business!

Comprehensive List Of Services

ATM & Drive-Thru Services

For those who prefer in-person transactions, our branch features both ATM access and drive-thru banking options. You can quickly deposit checks or withdraw cash without leaving your vehicle perfect for busy days when every minute counts. At Tee-pak, we are committed to providing exceptional service and support tailored to fit your financial journey. If you have any questions or need assistance choosing the right service for you, please don't hesitate to reach out at (217) 477-4428. Visit us today at 3591 N Vermilion St Danville Il 61832 in Danville, IL, or explore more about what we offer online at our website. We're excited to help you achieve all of your financial goals!

Auto Loans & Vehicle Financing

If you're dreaming of a new car, look no further! Our auto loans offer flexible terms and competitive rates to help you drive away in the vehicle of your choice. We understand that purchasing a car can be a big decision, which is why our friendly team is here to guide you through the financing process every step of the way.

Business Banking Services

For entrepreneurs and business owners, we offer comprehensive business banking solutions including merchant services and business loans. We understand the unique challenges faced by businesses today, which is why we strive to provide tailored financial support that helps your business thrive.

Credit Cards with Rewards

Enjoy shopping with our credit cards that offer rewards on every purchase. From cash back on everyday spending to points redeemable for travel or merchandise, our credit cards are designed to give back while helping you build credit.

Digital Banking Features

In this fast-paced world, convenience is key. That's why Tee-pak offers robust online and mobile banking options. With just a few clicks or taps, you can manage your accounts, transfer funds, pay bills, and even send money to friends through person-to-person payments. Accessing your finances has never been easier!

Mortgage Loans & Refinancing

Homeownership is within reach with our mortgage loans. Whether you're buying your first home or refinancing an existing mortgage, we provide personalized assistance to ensure you find the right loan for your situation. Our goal is to make homeownership attainable and stress-free.

Personal Banking

Our personal banking services include checking and savings accounts designed to help you manage your money effectively. Imagine having a checking account that fits your lifestyle whether it's for daily expenses or building up savings for that special occasion. With our competitive interest rates and low fees, you can feel confident that your money is working for you.

Personal Loans & Debt Consolidation

Need a little extra cash? Our personal loans can be used for anything from unexpected expenses to consolidating debt into one manageable payment. We know life can throw curveballs, and we're here to provide financial solutions that make sense for you.

Digital & Online Banking

At Tee-pak, we understand that managing your finances should be as easy and secure as possible. That's why we offer a range of digital and online banking services designed to fit seamlessly into your busy lifestyle. With our user-friendly platform, you can bank anytime, anywhere! One of the standout features is our 24/7 online banking service. Whether you're at home or on the go, accessing your account is just a click away. Visit us at https://www.teepakcu.org/ to get started with online banking today! You'll find it simple to check balances, transfer funds, and even manage your e-statements yes, we offer e-statements for a hassle-free experience. For those moments when you need to send money quickly, our person-to-person transfer feature makes it easy to send funds to friends and family without any extra hassle. Plus, if you're always on your phone, you'll appreciate that we have a mobile application available for download. It's designed to help you keep track of your finances right from your pocket. We take security seriously at Tee-pak. While we don't currently use electronic signature authorization for transactions, our systems are built with robust measures to protect your information and give you peace of mind. To make life even easier, you can enjoy mobile payments at many places. While we don't offer this feature just yet, we're continually looking for ways to enhance your banking experience. With all these features combined, managing your accounts has never been easier or more secure! At Tee-pak, we're committed to helping you stay connected with your finances in a way that works best for you.

Financial Strength

At Tee-pak, 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 understand that the trust you place in us is built on our ability to manage resources wisely and provide reliable services. With a net worth of $3,718,842, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 14.48% 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 $2,696,223 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,719,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $3,059,534 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports your financial goals across various sectors with $94,212 in used auto loans and a total of $13,089,524 in loans and leases. Our operational efficiency is reflected in our net income of -$217,822, which highlights areas for growth while ensuring we stay committed to offering competitive products for our members. We also take pride in having 7 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable team. Net Shares available for lending and investments stand at $436,112, showing our commitment to providing you with the resources you need when you need them. With a total of 3,953 share accounts, it's clear that more members are trusting Tee-pak with their finances every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Tee-pak is your trusted partner. Visit us at 3591 N Vermilion St Danville IL 61832 or call 217-477-4428 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $8,054,213 in used vehicle loans and $2,733,855 in new vehicle loans already helping members get on the road. We provide flexible terms to fit your budget and financing options that make owning a vehicle easier than ever.

Credit Lines and Personal Financing

For those needing extra funds for unexpected expenses or projects, our total credit lines available amount to $2,000,000. This allows you flexibility when managing your finances and gives you peace of mind when it comes to budgeting for life's surprises.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $17,246, making buying or refinancing simple. We aim to support you through every step of the mortgage process so that you can secure a place to call home.

Refinancing Options

If you're considering refinancing any existing loans or mortgages, our team is here to help. We'll guide you through eligibility options and find solutions tailored for your situation. At Tee-pak, we're dedicated to making finance accessible and straightforward for everyone. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. For more information or to discuss which option is right for you, don't hesitate to reach out at 217-477-4428.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. While our current total is $0, we encourage you to explore our other loan offerings that could better suit your immediate needs.

Loan Aggregator

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