Encore Federal Credit Union

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A short history of Encore FCU

Since its inception in 1947 the Encore Federal Credit Union has been serving its members in the DES PLAINES, 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 Martin Ashpole, the Encore FCU has grown its membership to over 1,809 with assets of more than $32,902,531. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (866) 338-6728 or email them at mail@encorefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in DES PLAINES, IL.

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

Charter Number 5590
State Illinois 
Zip-Code 60016
Phone Number (866) 338-6728
Fax Number (847) 391-2325
Email Address: mail@encorefcu.org
CEO/President Martin Ashpole
Members 1,809 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 32,902,531 
Website http://www.encorefcu.org 

Compare Encore Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Northwest Municipal CU Main Office 1420 Miner St 60016 (847) 391-5369 No 0.73
Chicago Faucet CU Chicao Faucet 2100 Clearwater Dr 60018 (847) 803-5000 No 2.93
Alliant CU San Mateo 700 Concar Dr 94402 (800) 328-1935 No 3.22
Metro CU Main Office 2440 E Rand Rd 60004 (847) 670-0456 No 4.34
Northwest Community CU SXU Branch 3835 W 103rd St 60655 (847) 647-1030 No 4.73

Encore Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Encore Federal 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 9.90 1.99 2.09 N/A 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 34 26 N/A 132
Rank Among All Illinois Credit Unions 28 9 6 N/A 24

Encore Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A N/A N/A
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 119 N/A N/A N/A
Rank Among All Illinois Credit Unions N/A 31 N/A N/A N/A
Encore Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900349547,494
All Other Unsecured Loans/Lines of Credit 6.75027130,216
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9901181,975,838
Used Vehicle Loans 2.090991,176,018
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 4.250451,457,499
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 0.00000
TOTAL LOANS & LEASES 6385,287,065

Encore Federal 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 0000
    b. 15 Years or less 0000
    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 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 152,37300
Open-End Fixed Rate 441,405,12600
TOTALS 451,457,49900


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

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