Heights Auto Workers Credit Union is headquartered in Burnham and is the 93rd largest credit union in the state of Illinois. It is also the 2,971st largest credit union in the nation. It was established in 1961 and as of December of 2023, it had grown to 5 employees and 5,702 members at 1 location. Heights Auto Workers Credit Union's CD rates are 5X the national average, and it has a B health rating.
Heights Auto Workers Credit Union of Illinois is open to the employees and professionals of the credit union affiliated select employee groups and/or partner companies that are listed on the credit union website and the family members of current credit union members.
See current membership details
Be careful with this credit union, which serves predominately minorities. Every month they offer loan ' specials' and 'credit building loans ' both have extremely high interest rates, and when you apply for one of these loans, you never get the full amount of money you asked for, but they will report that you did on your credit report. Example: you apply for a 2 thousand dollar 'credit building loan' they give you 1300, and they keep the 700, then report to the bureau you have a loan out for 2 thousand even though that's not what you received in reality. Also they advertise these ' credit building loans' but only report one credit bureau, transunion. Bc transunion is based out of Chicago it does not cost them anything. Question: how can you advertise to build someone's credit, but only report their payments to Only One Of The Three reporting bureas?????????????
| Overall | |
|---|---|
| NCUA # | 65640 |
| Year Chartered | 1961 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 0.74% |
| Annual Interest Income | $1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $29.3MM$30.9MM |
| Loans | Q4 2023vs Q4 2022 | $9.6MM$8.9MM |
| Deposits | Q4 2023vs Q4 2022 | $23.1MM$24.8MM |
| Equity Capital | Q4 2023vs Q4 2022 | $6.1MM$6MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $71K$62K |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $35K$13K |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Heights Auto Workers Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.17% | - | - | IRA | |
| 0.08% | $25 | - | Regular Savings | |
| 0.08% | $25 | - | Christmas Club | |
| 0.08% | - | - | Loan Share | |
| 0.06% | $25 | - | Special Savings |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.75%* | $50k* | - | NOW Account | ||
| OTHER TIERS: 0.10% → $1k - $10k | 2.15% → $10k - $25k | 2.50% → $25k - $50k | |||||
| 0.08% | $500 | - | Checking Account | ||
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 4.75% | $5k | - | 6 Month Certificate | |
| 4.25% | $5k | - | 12 Month Certificate |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.17% | - | - | 1 Year IRA Certificate |
| Heights Auto Workers Credit Union Locations | ||
|---|---|---|
| Branch Office | 13912 S Torrence Ave | Burnham, IL 60633-2127 |