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Kane County Teachers Credit Union Share
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Overview Share
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Kane County Teachers Credit Union is a non-federally insured state credit union based in Elgin, Illinois. It has been opened since 1937, for 85 years.

With around $248,590,000 in assets, Kane County Teachers Credit Union is considered to be a very large credit union. It has 5 branches and 5 ATM locations.

About Share
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Address 111 S. Hawthorne Street
Elgin, Illinois 60123
Website http://www.kctcu.org
Phone (847) 741-3344
Fax (847) 741-3345
CEO R Michael Lee
President of the Board David Kintz
Services Offered
Score Card Share
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85 years
Years in business
Opened in 1937
Well Capitalized
Net worth classification
Source: NCUA
20,724 members
Membership type: State chartered natural person credit union
Above average number of members
262:1
Credit union member to staff ratio
262 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$248,585,387
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
7.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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5 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Kane County Teachers Credit Union Branch Locations

Kane County Teachers Credit Union: Aurora
320 E. Indian Trl
Aurora, Illinois 60505
ATM Available
Kane County Teachers Credit Union: Geneva
28 North 5th Street
Geneva, Illinois 60134
ATM Available
Kane County Teachers Credit Union: South Elgin
121 S. Mclean Boulevard Suite A.
South Elgin, Illinois 60177
ATM Available
Kane County Teachers Credit Union: Downtown Elgin
270 North Grove Avenue
Elgin, Illinois 60120
ATM Available
Kane County Teachers Credit Union: Elgin
111 S. Hawthorne Street
Elgin, Illinois 60123
ATM Available
Members Share
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20,724 members
Membership type: State chartered natural person credit union
Above average number of members

With 20,724 members, the Kane County Teachers Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 82% of credit unions.

Fees Share
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$50
Average fee per member
The average fee per member at the Kane County Teachers Credit Union is $50, which is comparable to most credit unions. This rate is lower than 48% 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 Kane County Teachers Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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262:1
Credit union member to staff ratio
262 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
79 staff members
FTE (full-time equivalent)
10% of employees are part-time
75 full-time, 8 part-time

Kane County Teachers Credit Union has 75 full-time staff members and 8 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Kane County Teachers Credit Union has around 262 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$248,585,387
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.
11.3%
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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$9,892
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 48% of credit unions.

Kane County Teachers Credit Union holds a total of $149,040,000 in loans and leases, which is about $9,892 per member on average.

Savings interest rate Share
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0.10%
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. Kane County Teachers Credit Union pays 0.10%.

Loan rates Share
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7.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.00%
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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2.74%
New car loan rate
Compared to 4.0% nationally
3.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
4.24%
Other real estate loan rates
Compared to 0.9% nationally

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Similar Credit Unions to Kane County Teachers Credit Union

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Kane County Teachers Credit Union: Downtown Elgin
Credit Union Branch: 270 North Grove Avenue
Elgin, Illinois 60120 ATM Available
Kane County Teachers Credit Union: Aurora ATM
Credit Union ATM: 320 E. Indian Trl
Aurora, Illinois 60505
Hanscom Credit Union: Mccormack Branch ATM
Credit Union ATM: 121 S. Mclean Boulevard Suite A.
South Elgin, Illinois 60177
Kane County Teachers Credit Union: Aurora
Credit Union Branch: 320 E. Indian Trl
Aurora, Illinois 60505 ATM Available
Kane County Teachers Credit Union: Geneva
Credit Union Branch: 28 North 5th Street
Geneva, Illinois 60134 ATM Available
Hanscom Credit Union: Moakley Courthouse ATM
Credit Union ATM: 270 North Grove Avenue
Elgin, Illinois 60120
Kane County Teachers Credit Union: Geneva ATM
Credit Union ATM: 28 North 5th Street
Geneva, Illinois 60134
Kane County Teachers Credit Union: Elgin
Credit Union Branch: 111 S. Hawthorne Street
Elgin, Illinois 60123 ATM Available
Kane County Teachers Credit Union: Elgin ATM
Credit Union ATM: 111 S. Hawthorne Street
Elgin, Illinois 60123
Kane County Teachers Credit Union: South Elgin
Credit Union Branch: 121 S. Mclean Boulevard Suite A.
South Elgin, Illinois 60177 ATM Available