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Illinois Educators

3101 Montvale Drive, Springfield, IL 62704
NCUA Insured4.3 (43 reviews)2 charter

Verified Information

NCUA Insured

Member-Owned

2 charter

Established in 1938

Contact this credit union directly for detailed information about membership eligibility and current rates.

Location & Directions

Address

3101 Montvale Drive

Springfield, IL 62704

Google Maps🗺Waze
(217) 528-2642

Service Area

This credit union is located in Springfield and serves members in the IL area. Currently serving 10,173 members.

Membership Info:

Contact the credit union to confirm membership eligibility requirements for your area.

Note on Membership

Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.

Financial Health

Q4 2025 · NCUA

Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.

Source: NCUA Federally Insured Credit Unions list, Q4 2025.

Loan Rates

Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.

New Auto Loan

5.36%

Used Auto Loan

7.24%

Personal Loan

11.96%

Credit Card APR

13.00%

Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.

Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.

Best Rates in IL

Lowest rates currently reported by credit unions in IL (NCUA Q4 2025).

Tee-Pak— New Auto Loan

Danville, IL

2.49%
National Police— Used Auto Loan

Chicago, IL

2.99%
Israel Methcomm— Personal Loan

Chicago, IL

2.00%
Great Lakes— Credit Card APR

Bannockburn, IL

2.00%

Rates from NCUA regulatory filings. Contact credit unions directly for current rates.

Branches & Locations(2 total)

Member Reviews

4.3

43 Google reviews

Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.

View on Google Maps
S B

S B

8 months ago

Terrible customer service. I have worked with them many times in the past for auto loans and had great experiences. This time around, however, has been a nightmare. I’ve had contact with 3 different people in the loan dept. and they all say they’re going to get back to me and never do. I’ve emailed and called and left voicemails and no one ever gets back to me. Been trying to transfer my auto loan to them for 3 weeks. It’s like they know they have the lowest rates and therefore don’t have to put any effort into customer service. Very frustrating and disappointing.

J Mann

J Mann

10 months ago

This is a nice place to do banking. The building is clean. The tellers are friendly. The online banking is simplified and easy to use.

Jamie Womack

Jamie Womack

2 years ago

I've been with Illinois Educators Credit Union since 2007. They're the only place I go to for my car and regular loans. They accommodate my paydays and have always been very helpful. They have rescued me from jams many times.

Kimberly Styles

Kimberly Styles

2 years ago

This used to be the very best bank. USED to be. Me and my family would pull up and they would know us like family. Now? Now I have a terrible encounter every single time without fail. The west side branch has become trash. Attitude, argumentative, rude. The list goes on. Came in yesterday to cash a check and my voice is going out and the lady was so rude. Couldn’t hear me say yes to checking so we went back and forth a few times until she heard me and then said “that’s what I said to you the first time” okay???? And I told you YES THE FIRST TIME TOO. Just rude for no reason. Y’all need to reevaluate your customer service skills. Been banking here for 14 years and my mom over 30ish years and it’s disgusting how y’all have changed.

Ella Starr

Ella Starr

a year ago

I highly recommend IECU to anyone looking for a reliable, trustworthy, and respectable place. IECU has always taken care of my needs and always a pain free experience. All of the perks they offer is what makes me come back every time.

Contact Tips

Best Time to Call

Weekdays 9am–4pm typically have the shortest wait times for new member inquiries.

What to Ask

  • • Current loan rates & terms
  • • Membership eligibility requirements
  • • Minimum deposit to open an account
  • • Online & mobile banking features

NCUA Insured

Your deposits are federally insured up to $250,000 per account category by the National Credit Union Administration (NCUA).