Kane County Teachers Credit Union is headquartered in Elgin and is the 26th largest credit union in the state of Illinois. It is also the 781st largest credit union in the nation. It was established in 1937 and as of June of 2024, it had grown to 89 employees and 29,940 members at 8 locations. Kane County Teachers Credit Union's CD rates are 3X the national average, and it has an A health rating.
Membership is open to those who live or work in DuPage, DeKalb, Kane, Grundy, Kendall, McHenry, and Cook (west of route 83) Counties in Illinois. Membership is also open to over 200 Select Employer Groups.
See current membership details
Overall | |
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NCUA # | 95015 |
Year Chartered | 1937 |
Employees | 89 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.39% |
Return on Equity - YTD | 15.89% |
Annual Interest Income | $15.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $455MM$385.8MM |
Loans | Q2 2024vs Q2 2023 | $332.9MM$299.3MM |
Deposits | Q2 2024vs Q2 2023 | $411.8MM$350MM |
Equity Capital | Q2 2024vs Q2 2023 | $39.1MM$33.4MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $6.8MM$6MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $4.7MM$3.7MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Kane County Teachers 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 | |
---|---|---|---|---|---|
0.25%* | $5 | $5k | Youth Savers | ||
OTHER TIERS: 0.10% → $5k+ | |||||
0.10% | $5 | - | Primary Share Savings Account | ||
0.10% | $5 | - | Christmas Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.12% → $2.5k - $25k | 0.20% → $25k - $50k | 0.30% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.51%* | $10k* | - | Health Savings Account | ||
OTHER TIERS: 1.00% → $3k - $5k | 1.26% → $5k - $10k | |||||
0.05% | $0 | - | Basic Checking Account | ||
0.05% | $0 | - | Teen Checking | ||
0.05% | $0 | - | Checking Plus |
Kane County Teachers Credit Union Locations | ||
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Branch Office | 111 S Hawthorne St | Elgin, IL 60123 |
Branch Office | 320 E INDIAN TRL | Aurora, IL 60505-1760 |
Branch Office | 28 N 5th St | Geneva, IL 60134 |
Branch Office | 121 S McLean Blvd Ste A | South Elgin, IL 60177 |
Branch Office | 270 N Grove Ave | Elgin, IL 60120 |
Branch Office | 750 S State St | Elgin, IL 60123-7612 |
Branch Office | KCT Credit Union 1700 Spartan Dr Bldg C | Elgin, IL 60123-7189 |
Branch Office | 350 Lake Marian Rd | Carpentersville, IL 60110-2006 |