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 857th largest credit union in the nation. It was established in 1937 and as of June of 2023, it had grown to 82 employees and 28,020 members at 7 locations. Kane County Teachers Credit Union has a B 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
Ridiculous! One time we applied for a loan, everything was running fine the banker said we were approved, the day we were suppose to go for the check all we got was a phone call saying that the colateral we were using, appraised on 50,000 dollars couldnt be used as 10,000 loan collateral. A+? And a letter saying that our credit wasn't good enough!
The real reason? Who knows?
Yeah right! I went with 40.00 two twenty to get 40.00 in singles, I was asked if I was a member I said no but I am member of another credit union and showed two cards visa and debit, they gave me a form and asked for an id just to change my money, I wasnt asking for nothing related to my account money, Walgreens gives more better service you ask for singles and they give singles to you RIDICULOUS A+ with no review sure the only review is theirs
Overall | |
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NCUA # | 95015 |
Year Chartered | 1937 |
Employees | 82 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.17% |
Return on Equity - YTD | 13.52% |
Annual Interest Income | $12.1MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $385.8MM$387.0MM |
Loans | Q2 2023vs Q2 2022 | $299.3MM$283.1MM |
Deposits | Q2 2023vs Q2 2022 | $350.0MM$352.7MM |
Equity Capital | Q2 2023vs Q2 2022 | $33.4MM$32.0MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$2.6MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.7MM$2.2MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Rates for Kane County Teachers Credit Union are currently being reviewed.
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 |