Life Employees Credit Union

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A short history of Life Employees CU

Since its inception in 1957 the Life Employees Credit Union has been serving its members in the RIVERWOODS, 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 Steven Mink, the Life Employees CU has grown its membership to over 121 with assets of more than $848,530. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (847) 520-1900 or email them at smink@federallife.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RIVERWOODS, IL.

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

Charter Number 61280
Address 3750 WEST DEERFIELD ROAD 
City RIVERWOODS 
State Illinois 
Zip-Code 60015
Phone Number (847) 520-1900
Fax Number (847) 520-1965
Email Address: smink@federallife.com
CEO/President Steven Mink
Members 121 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 848,530 
Website  

Compare Life Employees Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Baxter CU Mountain Home 1900 Highway 201 N 72653 (870) 424-5335 No 5.12
Metro CU Main Office 2440 E Rand Rd 60004 (847) 670-0456 No 6.77
Glenview CU Main 1631 Waukegan Rd 60025 (847) 724-1800 No 7.56
A.a.e.c. CU AAEC Credit Union Office 115 S Wilke Rd 60005 (847) 392-1922 No 9.18
Northwest Municipal CU Main Office 1420 Miner St 60016 (847) 391-5369 No 9.27

Life Employees Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Life Employees 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 N/A 2.00 2.00 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 35 22 N/A N/A
Rank Among All Illinois Credit Unions N/A 10 4 N/A N/A

Life Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.50 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 66 N/A N/A N/A
Rank Among All Illinois Credit Unions N/A 17 N/A N/A N/A
Life Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 6.90024,622
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.000226,506
Used Vehicle Loans 2.00026,177
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 0.00000
TOTAL LOANS & LEASES 637,305

Life Employees 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 0000
    b. 15 Years or less 0000
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 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

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

Life Employees Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
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 No