U of I Community Credit Union
U of I Community Credit Union offers a wide range of banking services, loan options, credit cards, and financial wellness resources to its members, with a history dating back to 1932.
Banking Services
U of I Community Credit Union offers a variety of banking services tailored to meet diverse needs. These include checking accounts, savings accounts, and specialty accounts. The credit union also provides kids & teens accounts designed to help younger members learn about managing money. Digital banking options allow members to manage their accounts online or through mobile devices. Additionally, members can benefit from certificates and money market accounts to maximize their savings.
Loan Options
U of I Community Credit Union provides a comprehensive range of loan options to cater to its members' financial needs. Members can apply for auto loans, mortgage loans, student loans, home equity loans, and personal loans. The credit union also offers specialized loan protection plans like payment plan protection, mechanical repair coverage, and GAP Plus coverage for vehicles, ensuring members can safeguard their investments.
Credit Cards
The credit union offers various Visa credit cards that come with different benefits. Members can choose a Visa Signature Cashback card, which offers 5% cashback on gas and travel, 2% on groceries and restaurants, and 1.5% on other purchases. Another option is the Visa Rewards card, which allows members to earn points on everyday shopping that can be redeemed for gift cards, merchandise, travel, and more. Additionally, there are cards with low-interest rates and special features designed to meet various financial needs.
Investment and Retirement Services
U of I Community Credit Union provides a range of investment and retirement services to help members plan their financial futures. This includes guided wealth portfolios and TruStage® insurance, offering comprehensive options for managing investments and securing retirement. The credit union's services aim to provide members with the tools and support needed to build and manage their wealth effectively.
Financial Wellness Center
The credit union's financial wellness center is dedicated to helping members manage their finances effectively. It offers tips, advice, workshops, and tools designed to educate and assist members in financial planning. Resources such as financial calculators, a community calendar, scholarships, security awareness, and fraud awareness information are also available. The wellness center aims to enhance members' financial literacy and facilitate informed financial decisions.
History and Community Involvement
Founded in 1932, U of I Community Credit Union began by serving hourly wage earners from a janitor room at the U of I Power Plant. Over the years, it has grown to support a broader community, offering a range of financial products and services. The credit union also provides financial assistance and special programs for members affected by significant events, such as the closure of the Quaker Oats plant in Danville. Community involvement remains a core value, evidenced by its partnership programs and special benefits for affiliated organizations.