Heights Auto Workers Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.50% | 1-year CD | Certificate 12 Months 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Special Savings 1.00% - Ally Bank Online Savings Account |
| 0.10% | Checking | Checking Account 0.13% - National Average |
Heights Auto Workers Credit Union is headquartered in Chicago Heights and is the 83rd largest credit union in the state of Illinois. It is also the 2,632nd largest credit union in the nation. It was established in 1961 and as of June of 2016, it had grown to 11 employees and 6,906 members at 2 locations. Heights Auto Workers Credit Union has a B+ health rating.
Field of Membership Restrictions
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
Credit Up By 50 Points In 6 Months!
I have been around the bend with a few banks in my time, and nothing compares to the customer service i have received. Through them I got a credit builder loan, where they loaned me $2000, but kept back $750, and locked it in my savings. When I paid off the rest of the loan, they unlocked the $750, and my credit score went up by 50 points! If your credit is suffering, and you're eligible for their loans, I recommend this Credit Union. Everyone is very friendly, and they are very quick with any issues you might have. I have had a checking account with this establishment for 10 years, and savings for 20+. Fantastic place to bank.
Sub Prime Loans Camouflaged As Credit Building Loans
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?????????????
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65640 |
| Year Chartered | 1961 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.22% |
| Return on Equity - YTD | -1.42% |
| Annual Interest Income | $451.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $38.0MM$37.3MM |
| Loans | Q2 2016vs Q2 2015 | $7.8MM$10.8MM |
| Deposits | Q2 2016vs Q2 2015 | $32.0MM$31.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $5.9MM$6.0MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $199.00K$286.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $163.00K$245.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $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.
Heights Auto Workers Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | IRA | |
| 0.20% | $25 | - | Christmas Club | |
| 0.20% | $25 | - | Taxes & Escrow | |
| 0.10% | $500 | - | Regular Savings | |
| 0.10% | $25 | - | Special Savings |
Heights Auto Workers Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $10k* | - | NOW Account | ||
| OTHER TIERS: 0.15% → $2k - $10k | |||||
| 0.10% | $500 | - | Checking Account | ||
Heights Auto Workers Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $2,500 | - | Certificate 12 Months |
Heights Auto Workers Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.55% | - | - | 1 Year IRA Certificate |
| Heights Auto Workers Credit Union Locations | ||
|---|---|---|
| Branch Office | 13912 S Torrence Ave | Burnham, IL 60633-2127 |
| Branch Office | 21540 Cottage Grove Ave | Chicago Heights, IL 60411-4345 |