Meadows Credit Union

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A short history of Meadows CU

Since its inception in 1941 the Meadows Credit Union has been serving its members in the Palatine, 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 Edward Buettner, the Meadows CU has grown its membership to over 10,027 with assets of more than $123,630,003. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (847) 342-9300 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Palatine, IL.

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

Charter Number 61639
Address 2401 S. Plum Grove Rd. Suite 100 
City Palatine 
State Illinois 
Zip-Code 60067
Phone Number (847) 342-9300
Fax Number (847) 342-0740
Email Address: none
CEO/President Edward Buettner
Members 10,027 
Full-Time Employees 31 
Part-Time Employees
Number of Branch Offices
Total Assets 123,630,003 

Compare Meadows Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Andigo CU Deer Park, IL 21440 W Lake Cook Rd 60010 (847) 862-2087 No 2.26
A.a.e.c. CU AAEC Credit Union Office 115 S Wilke Rd 60005 (847) 392-1922 No 3.54
Metro CU Main Office 2440 E Rand Rd 60004 (847) 670-0456 No 5.87
Federal Life Employees CU Main Office 3750 Deerfield Rd 60015 (847) 520-1900 No 8.86
Encore CU Main 25 E Algonquin Rd Bldg C 60016 (866) 338-6728 No 9.05

Meadows Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Meadows 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 10.99 3.00 4.00 4.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 340 146 203 138 341
Rank Among All Illinois Credit Unions 42 44 54 27 58

Meadows Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.03 0.09 0.15 0.03
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 148 136 324 293
Rank Among All Illinois Credit Unions 23 41 27 61 52
Meadows Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9902,7896,084,879
All Other Unsecured Loans/Lines of Credit 13.5005431,981,273
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.250931,855,989
New Vehicle Loans 3.0003246,728,668
Used Vehicle Loans 4.0001,41418,862,622
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00031132,799,252
Total Other Real Estate Loans/Lines of Credit 6.0003499,005,544
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.00039206,227
TOTAL LOANS & LEASES 5,86277,524,454

Meadows 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 427,996,1625998,200
    b. 15 Years or less 819,205,3212415,000
    a. > 15 years 4626,5231232,000
    b. 15 Years or less 274,860,48600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 15710,110,76000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 581,359,8299226,248
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2917,645,7158378,632
Open-End Fixed Rate 0000
TOTALS 66041,804,796252,250,080


Interest Only & Payment Option 1st Mortgage Loans 3212,7867,000
Interest Only & Payment Option Other RE/LOC Loans 4141,07210,335
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Meadows Credit Union Member Offerings
First Time Homebuyer Program Yes
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 Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes