Credit unions in Illinois

Credit union: The state of Illinois has 246 credit unions headquartered in the state. Those cooperatives operate over 600 branches for their members. Credit unions in Illinois can boast over 3.3 million members, which is roughly a quarter of the state using the services of a cooperative. The largest credit union in the state is Alliant Credit Union, which serves close to half a million members. 

Illinois has several credit unions that open membership based on employment. There are cooperatives exclusively for firefighters, as well as people affiliated with the University of Illinois. However, there are several that are community-based as well. Those community-based cooperatives are open to anyone who lives/works/worships in that specific community. These are great in more remote parts of the state, and they keep true to the original mission for credit unions. Some credit unions in Illinois are religiously based. Those cooperatives are open to anyone in that parish. 

Car insurance: Car insurance in Illinois is quite reasonable. The highest rates for Illinois drivers are in and around the city of Chicago. It is common to see insurance rates spike in urban areas since more traffic and more people lead to an increase in accidents and property crime. 

Drivers in Illinois are required to have policies that cover bodily injury for at least $25,000 per person. You must also have $20,000 in property damage coverage. Unlike other states, Illinois requires its drivers to have policies that cover them in the instance of an accident involving an uninsured or underinsured driver. 

It does not appear that credit unions in Illinois underwrite their own insurance policies. However, several have partnered with TruStage to bring discounted policies to their members. Several others have partnered with local companies and agents to find exclusive deals and benefits for their members. Check with your credit union and see what your benefits are.