Great Lakes Credit Union

  • +1

A short history of Great Lakes CU

Since its inception in 1938 the Great Lakes Credit Union has been serving its members in the BANNOCKBURN, 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 Kamil Sakici, the Great Lakes CU has grown its membership to over 85,179 with assets of more than $800,329,653. They have a main office and 14 branch offices. Please see the credit unions website or contact them by phone at (847) 578-7000 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 BANNOCKBURN, IL.

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

Charter Number 60238
Address P.O. BOX 1289 
State Illinois 
Zip-Code 60015
Phone Number (847) 578-7000
Fax Number () -
Email Address:
CEO/President Kamil Sakici
Members 85,179 
Full-Time Employees 219 
Part-Time Employees 40 
Number of Branch Offices 14 
Total Assets 800,329,653 

Compare Great Lakes 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 2.11
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

Great Lakes Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Great Lakes 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 6.99 3.64 4.83 4.23 4.87
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 45 227 304 172 213
Rank Among All Illinois Credit Unions 3 70 73 32 43

Great Lakes Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.49 0.10 0.26 0.83 0.45
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 70 129 104 201 233
Rank Among All Illinois Credit Unions 8 34 18 33 32
Great Lakes Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 6.99016,61334,841,128
All Other Unsecured Loans/Lines of Credit 15.0103,8265,032,929
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.3603763,692,159
New Vehicle Loans 3.6402,79561,216,750
Used Vehicle Loans 4.83012,175162,886,034
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.230797215,792,548
Total Other Real Estate Loans/Lines of Credit 4.8702,493108,993,343
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.43069610,834,360
TOTAL LOANS & LEASES 39,771603,289,251

Great Lakes 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 365110,671,72912423,999,227
    b. 15 Years or less 22037,802,771497,631,450
    a. > 15 years 457,168,61900
    b. 15 Years or less 8441,108,341717,965,500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 3915,185,32000
Adjustable Rate > 1 yr 443,855,76812,000


Closed-End Fixed Rate 32116,332,4773193,450
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,17292,660,8664,11518,857,851
Open-End Fixed Rate 0000
TOTALS 3,290324,785,8914,29968,649,478


Interest Only & Payment Option 1st Mortgage Loans 2455,7620
Interest Only & Payment Option Other RE/LOC Loans 49626,900,2191,510,079
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Great Lakes Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
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