Baxter Credit Union

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A short history of Baxter CU

Since its inception in 1980 the Baxter Credit Union has been serving its members in the Vernon Hills, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michael Valentine, the Baxter CU has grown its membership to over 215,808 with assets of more than $2,805,417,027. They have a main office and 55 branch offices. Please see the credit unions website or contact them by phone at (800) 388-7000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Vernon Hills, IL.

General Information For Baxter CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68187
Address 340 N Milwaukee Ave 
City Vernon Hills 
State Illinois 
Zip-Code 60061
Phone Number (800) 388-7000
Fax Number () -
Email Address:
CEO/President Michael Valentine
Members 215,808 
Full-Time Employees 534 
Part-Time Employees 18 
Number of Branch Offices 55 
Total Assets 2,805,417,027 

Compare Baxter Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Federal Life Employees CU Main Office 3750 Deerfield Rd 60015 (847) 520-1900 No 5.21
Great Lakes CU Willow Springs Branch 160 Market St 60480 (847) 578-7000 No 7.38
Abbott Laboratories CU Abbott Laboratories AP22 100 Abbott Park Rd 60064 (847) 249-9422 No 9.10
Consumers Cooperative CU Mundelein 1210 S Lake St 60060 (847) 623-3636 No 9.77
Metro CU Main Office 2440 E Rand Rd 60004 (847) 670-0456 No 9.78

Baxter Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Baxter Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.50 1.74 2.74 2.75 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 380 18 70 13 74
Rank Among All Illinois Credit Unions 47 2 21 1 11

Baxter Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.20 1.30 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 114 118 259
Rank Among All Illinois Credit Unions N/A 39 22 14 39
Baxter Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.50063,307218,886,073
All Other Unsecured Loans/Lines of Credit 10.00022,74292,806,413
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 4.75078447,295,658
New Vehicle Loans 1.74015,701314,900,428
Used Vehicle Loans 2.74027,844353,794,255
Total 1st Mortgage Real Estate Loans/Lines of Credit 2.7504,2021,187,042,978
Total Other Real Estate Loans/Lines of Credit 3.7504,824244,439,383
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 18.0006,35355,088,003
TOTAL LOANS & LEASES 145,7572,514,253,191

Baxter Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 592210,661,878634151,461,777
    b. 15 Years or less 1,382194,289,39531054,704,252
    a. > 15 years 1,185559,366,186258120,115,260
    b. 15 Years or less 419165,888,3925122,765,600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 62456,837,1273048,203,651
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1,89381,297,75338320,037,291
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,931163,141,6302,01946,687,271
Open-End Fixed Rate 0000
TOTALS 9,0261,431,482,3613,959423,975,102


Interest Only & Payment Option 1st Mortgage Loans 54196,611,39712,770,257
Interest Only & Payment Option Other RE/LOC Loans 1,530103,330,09326,404,222
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Baxter Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes