Corporate America Family Credit Union

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A short history of Corporate America Family CU

Since its inception in 1976 the Corporate America Family Credit Union has been serving its members in the Elgin, 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 Peter Paulson, the Corporate America Family CU has grown its membership to over 68,885 with assets of more than $621,982,877. They have a main office and 20 branch offices. Please see the credit unions website or contact them by phone at (800) 359-1939 or email them at questions@cafcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Elgin, IL.

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

Charter Number 68215
Address 2075 Big Timber Rd 
City Elgin 
State Illinois 
Zip-Code 60123
Phone Number (800) 359-1939
Fax Number (847) 697-1987
Email Address: questions@cafcu.org
CEO/President Peter Paulson
Members 68,885 
Full-Time Employees 209 
Part-Time Employees
Number of Branch Offices 20 
Total Assets 621,982,877 
Website http://www.cafcu.org 

Compare Corporate America Family Credit Union To Other Local Credit Unions


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Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Kane County Teachers CU Elgin 111 S Hawthorne St 60123 (847) 741-3344 No 0.99
Elgin Mental Health Center CU Main 750 S State St 60123 (847) 742-1040 No 1.86
N.i.c.e. CU Main Office 11 S 2nd Ave 60174 (630) 584-3670 No 8.37
Soreng Employees CU Soreng Employees Credit Union 1222 Hamilton Pkwy 60143 (630) 260-3101 No 13.50
Andigo CU Deer Park, IL 21440 W Lake Cook Rd 60010 (847) 862-2087 No 13.58

Corporate America Family Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Corporate America Family 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 12.90 2.99 5.00 3.50 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 145 324 72 229
Rank Among All Illinois Credit Unions 61 43 80 13 48

Corporate America Family 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 N/A 0.35 0.35
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 N/A 293 250
Rank Among All Illinois Credit Unions N/A 39 N/A 52 36
Corporate America Family Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.90011,18018,497,247
All Other Unsecured Loans/Lines of Credit 18.0007,88125,149,641
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9904,12850,859,558
Used Vehicle Loans 5.00010,867105,993,831
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5001,147165,503,929
Total Other Real Estate Loans/Lines of Credit 5.0001,18533,693,037
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.0005334,902,222
TOTAL LOANS & LEASES 36,921404,599,465

Corporate America Family Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 739116,766,740275,821,873
    b. 15 Years or less 36142,317,303183,635,800
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 476,419,8861368,000

OTHER REAL ESTATE

Closed-End Fixed Rate 40913,701,061401,843,950
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 77619,991,976831,356,547
Open-End Fixed Rate 0000
TOTALS 2,332199,196,96616913,026,170

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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