News and Promotions

Come hear the secrets of credit scoring revealed.
Attend our free seminar, and learn how to maximize your credit rating.

Learn everything you ever wanted to know about credit scoring and more.
Your credit score is the number on piece of data that determines if you are approved for credit and what rate you pay.

Please join us for a free seminar on credit scoring.  Learn how the positive and negative information on your credit report factors into your score and what steps you can take to improve your score so that you can best position yourself  for your next loan.

The seminar is ideal for individuals looking to receive the best rates on loans, working to rebuild credit and college-bound students and others who are just beginning to establish credit.

The seminar will be held at 7:00 p.m. on Wednesday, October 20th at the Bellwood Public Library located at 600 Bohland Avenue.  The speaker will be Central Credit Union President and CEO Joan Jensen.

To attend, please call (708) 649-6410 or send an e-mail, and R.S.V.P. by Monday, October 18th.  Credit union members and non-members are welcome.


Are high bank rates and fees making your money disappear?
Move your business to Central Credit Union today.


Tired of being mistreated by your bank?  Then move all of you business to Central Credit Union.  We're making loans and providing a secure place for members to grow their money just like we've done since 1936.

We're ready to meet your savings, loan and investment needs.
Are you taking advantage of all we have to offer?  Whether you'd like to save for the holidays with a club account, save on interest, payments and taxes by refinancing your vehicle loan or roll over your 401k, we're ready to help you achieve your financial goals.

We're financially sound, and our deposits are federally insured.
Your Central Credit Union savings are federally insured to at least $250,000 by the national Credit Union Administration, a U.S. Government agency.

Your family, friends and coworkers are welcome too!
If your family friends and coworkers are also fed up with their banks, refer them to us.  We'd love to help them achieve their financial goals.  They can join at any of our locations.*  For more information about products and services or membership, call (708) 649-6410. 

*Family members of existing members are eligible for membership.  Friends and coworkers must be Illinois residents or work for one of the credit union's Select Employee Groups.

 
Buy Green and take advantage of a .25% loan rate discount.

Save .25% on loans to buy
or install energy- or water-efficient products in your home.
Need a new furnace, windows or water-saving appliances? Finance your purchase with one of our signature loans, and we'll give you a .25% discount off your loan. Apply online or call (708) 649-6420.


Central Credit Union Remains Financially Strong Making Loans And Offering A Safe, Secure Place For Deposits With A Recent Increase In Federal Deposit Insurance Coverage.
 
In recent months, news of the nation’s economic situation has been troubling.  Amidst ongoing reports of failing institutions, we want to again reassure you that Central Credit Union Of Illinois remains financially strong.  We continue to be well capitalized, and we’re open for business – making loans and providing a safe and secure place for you to grow your money like we’ve been doing since 1936.

Unlike many other financial institutions that you’re hearing about in the news, we did not engage in sub-prime mortgage lending, and we don’t make risky investments.  As a result, we have not been adversely affected by the so-called “credit crunch.”  We’re continuing to make loans and are serving our existing members as well as welcoming new ones to assist however possible during these difficult times.

 

In an effort to stabilize the economy, on Friday Congress passed the Emergency Economic Stabilization Act Of 2008, which was signed into law.  One of the provisions of the law was to increase the amount of federal deposit insurance available to credit union members through the National Credit Union Administration (NCUA), a U.S. Government Agency.  As a result of the legislation, member deposits at Central Credit Union Of Illinois are now federally insured to at least $250,000, up from the previous minimum of $100,000.  This is the same amount of coverage provided for bank deposits through FDIC-insured banks.

Individual Retirement Accounts (IRAs) are insured separately for up to $250,000 per person.  Insurance limits may be even higher depending on how your accounts are titled.

We’d like to remind you that according to NCUA, “Not one penny of insured savings has ever been lost by a member of a federally insured credit union.”  If you have any questions about the safety of your credit union deposits, please ask.  You can call Member Services at (708) 649-6410.  We also invite you to visit www.ncua.gov for more information on our federal deposit insurance.  You can also call the NCUA Insurance Call Center, operating from 8 a.m.-6:30 p.m. (EDT) Monday through Friday, and speak with an expert regarding coverage provided by NCUA share insurance.  The toll-free number is (800) 755-1030, extension 1.


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