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Abbott Laboratories Credit Union
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Abbott Laboratories Credit Union Share
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Table of Contents
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About Share
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Address 401 North Riverside Drive Suite 1A
Gurnee, Illinois 60031
Website http://www.alecu.org
Phone (847) 688-8000
CEO Joseph Trosclair
President of the Board David Mark
Services Offered
Score Card Share
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Well Capitalized
Net worth classification
Source: NCUA
30,134 members
Membership type: State chartered natural person credit union
Above average number of members
291:1
Credit union member to staff ratio
291 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$780,362,982
Total assets
Above average
9 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.35%
Savings interest rate
Compared to 0.3% nationally
9.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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9 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Abbott Laboratories Credit Union Branch Locations

Abbott Laboratories Credit Union: Abbvie Ab1
26525 North Riverwoods Boulevard
Mettawa, Illinois 60045
ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap52
200 Abbott Park Road
Abbott Park, Illinois 60064
ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories M1
1401 Sheridan Road
North Chicago, Illinois 60064
ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap22
100 Abbott Park Road
Abbott Park, Illinois 60064
ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap30
100 Abbott Park Road
Abbott Park, Illinois 60064
ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap6D
100 Abbott Park Road
Abbott Park, Illinois 60064
ATM Available
Abbott Laboratories Credit Union: Alec
401 North Riverside Drive Suite 1A
Gurnee, Illinois 60031
No ATM
Abbott Laboratories Credit Union: Abbott Laboratories Cp1
675 North Field Drive
Lake Forest, Illinois 60045
ATM Available
Members Share
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30,134 members
Membership type: State chartered natural person credit union
Above average number of members

With 30,134 members, the Abbott Laboratories Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 86% of credit unions.

Fees Share
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$54
Average fee per member
The average fee per member at the Abbott Laboratories Credit Union is $54, which is comparable to most credit unions. This rate is lower than 45% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Abbott Laboratories Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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291:1
Credit union member to staff ratio
291 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
104 staff members
FTE (full-time equivalent)
1% of employees are part-time
103 full-time, 1 part-time

Abbott Laboratories Credit Union has 103 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 99% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Abbott Laboratories Credit Union has around 291 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$780,362,982
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$14,381
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 77% of credit unions.

Abbott Laboratories Credit Union holds a total of $457,040,000 in loans and leases, which is about $14,381 per member on average.

Savings interest rate Share
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0.35%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Abbott Laboratories Credit Union pays 0.35%.

Loan rates Share
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9.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
7.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.24%
New car loan rate
Compared to 4.0% nationally
3.24%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Abbott Laboratories Credit Union

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Abbott Laboratories Credit Union: Abbott Laboratories Ap6D
Credit Union Branch: 100 Abbott Park Road
Abbott Park, Illinois 60064 ATM Available
Abbott Laboratories Credit Union: Abbvie Ab1
Credit Union Branch: 26525 North Riverwoods Boulevard
Mettawa, Illinois 60045 ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap6D ATM
Credit Union ATM: 100 Abbott Park Road
Abbott Park, Illinois 60064
Abbott Laboratories Credit Union: Abbott Laboratories Ap30
Credit Union Branch: 100 Abbott Park Road
Abbott Park, Illinois 60064 ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories M1
Credit Union Branch: 1401 Sheridan Road
North Chicago, Illinois 60064 No ATM
Abbott Laboratories Credit Union: Alec
Credit Union Branch: 401 North Riverside Drive Suite 1A
Gurnee, Illinois 60031 No ATM
Abbott Laboratories Credit Union: Abbott Laboratories Ap52
Credit Union Branch: 200 Abbott Park Road
Abbott Park, Illinois 60064 ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Ap22
Credit Union Branch: 100 Abbott Park Road
Abbott Park, Illinois 60064 ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories M1
Credit Union Branch: 1401 Sheridan Road
North Chicago, Illinois 60064 ATM Available
Abbott Laboratories Credit Union: Abbott Laboratories Cp1
Credit Union Branch: 675 North Field Drive
Lake Forest, Illinois 60045 ATM Available