Kane County Teachers Credit Union


Overview / Commentary
847-741-3344
111 S Hawthorne St
Elgin, IL 60123

Kane County Teachers Credit Union is headquartered in Elgin and is the 27th largest credit union in the state of Illinois. It is also the 869th largest credit union in the nation. It was established in 1937 and as of September of 2022, it had grown to 82 employees and 26,762 members at 6 locations. Kane County Teachers Credit Union has a B+ health rating.

Field of Membership Restrictions

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

Reviews (1)

Service And Undertrained Personal

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



Health
B+

Health Grade Components

Overall
NCUA #95015
Year Chartered1937
Employees82
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD10.21%
Annual Interest Income$11.5MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$373.4MM$362.8MM
LoansQ3 2022vs Q3 2021$294.4MM$257.9MM
DepositsQ3 2022vs Q3 2021$339.6MM$323.6MM
Equity CapitalQ3 2022vs Q3 2021$31.5MM$32.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$3.9MM$2.6MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$2.4MM$2.7MM
Real Estate OwnedQ3 2022vs Q3 2021$0$0
Rates

Rates for Kane County Teachers Credit Union are currently being reviewed.

Locations


Kane County Teachers Credit Union Locations
Branch Office111 S Hawthorne StElgin, IL 60123
Branch Office320 E INDIAN TRLAurora, IL 60505-1760
Branch Office28 N 5th StGeneva, IL 60134
Branch Office121 S McLean Blvd Ste ASouth Elgin, IL 60177
Branch Office270 N Grove AveElgin, IL 60120
Branch Office750 S State StElgin, IL 60123-7612

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