Consumers Credit Union Announces Board of Directors Election Results
Lake Forest, IL - Consumers Credit Union (CCU; $4.0 Billion, Lake Forest, IL) today announced the results of the 2025 election for its Board of Directors. Nominated candidates were considered and voted on by members of the credit union at its annual meeting on March 12.
Incumbent directors Bill Attea, Frank Soyka (Board Treasurer) and Frankie Masi were re-elected to 3-year terms. Nick Espinosa was elected as a new board member. George Abraham, Miten Champaneri, Derek Christopher, James Mahnich and Melanie Meidel have accepted one-year terms as Associate board members.
“Throughout our history, Consumers Credit Union has benefited from the guidance of our Board of Directors, whose diverse perspectives and substantial business experience are invaluable in advising our leadership team,” said Sean Rathjen, CCU’s Chief Executive Officer.
About Consumers Credit Union
Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union (CCU) has $4 billion in assets and serves more than 260,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
Consumers Credit Union Awarded “Great Place To Work” Certification For 3rd Year In A Row
Lake Forest, IL – March 24, 2025: Consumers Credit Union (CCU; $4 Billion, Lake Forest, IL) is thrilled to announce it has been certified once again a “Great Place To Work” by the Great Place To Work Institute in Oakland, CA. CCU was awarded this certification in 2023 & 2024 as well. Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union (CCU) has $4 billion in assets and serves more than 260,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
Consumers Credit Union Announces New Branch Location in Lake In The Hills, Illinois
Lake Forest, Illinois — January 30, 2025: Consumers Credit Union, headquartered in Lake Forest, Illinois, today announced the addition of a new branch location in Lake In The Hills, Illinois.
Sean Rathjen, CEO of Consumers Credit Union, said additional branch locations are one of the most frequent requests of members. We're excited to be joining the active community in and around Lake In
The Hills, said Mr. Rathjen. Existing CCU members in the area will have more convenient branch access,
and we'll be able to introduce our award-winning products and member service to new people. We think of ourselves as 'The people in your corner,' and we're thrilled to add this corner to our map.
The new branch location is at 2450 West Algonquin Road, on the Northeast corner of Algonquin and Randall Roads. After significant remodeling of an existing commercial building, the branch is expected to open to the public in Fall, 2025.
About Consumers Credit Union
Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union has $4.0 billion in assets and serves more than 263,000 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
Lake In The Hills Press Release 01-29-2025
Fortune Media and Great Place To Work Name Consumers Credit Union to 2024 Fortune Best Workplaces - Financial Services
Lake Forest, IL – September 11, 2024: Consumers Credit Union (CCU; $3.5 Billion, Lake Forest, IL) today announced it has been named as a Best Workplace - Financial Services by Great Place To Work® and Fortune magazine. This award is in addition to Consumers being named a Great Place to Work and a Best Workplace - Chicago earlier in 2024.About Consumers Credit Union Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union (CCU) has $3.5 billion in assets and serves more than 225,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
Fortune Chicago Best Workplaces - Financial Services - Press Release
Call For Applications to Apply for Consumers Credit Union’s Board of Directors
Lake Forest, IL, 8/5/2024 : Consumers Credit Union (CCU; $3.5 Billion, Lake Forest, IL) is excited to announce they are accepting applications for its Board of Directors
One important reason members trust credit unions to handle their financial needs is that they have both an ownership stake and a voice in the governance of their financial institution. We're currently accepting applications for the Consumers Credit Union (CCU) Board of Directors from August 5 through September 13, 2024 at 5 pm (CT).
CCU Members interested in applying to serve on the Board should send a statement of intent, either via e-mail to [email protected] or by mail to Consumers Credit Union, Attention: Nomination Committee, 300 N Field Road, Lake Forest, IL 60045. Applicants must include their name, address, daytime, and evening phone numbers to be considered.
Candidates must meet the Nomination Policy requirements of CCU, which will be provided with the Volunteer Board Member Application. The election will be held at the CCU Annual Meeting on March 12, 2025.
Four (4) of those elected to the Board will serve a three (3) year term. Submittals will be evaluated by the Nominating Committee.
"Consumers Credit Union is looking for members with an interest in guiding the future of CCU," said Sean M. Rathjen, CCU / CEO. "The ability to serve on our all-volunteer Board of Directors is a privilege unique to credit unions. Our Board consists of thirteen members with this year having four of the members up for election. Our Board Members come from many different backgrounds. This diversity ensures we explore opportunities and challenges from numerous points of view."
Volunteers serving on the Board of Directors are required to attend meetings approximately once per month throughout the year.
About Consumers Credit Union
Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union has $3.5 billion in assets and serves more than 222,500 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
877.ASK.CCCU (877.275.2228) | 300 N. Field Drive, Lake Forest, IL 60045www.myconsumers.org
Fortune Media and Great Place To Work Name Consumers Credit Union to 2024 Fortune Best Workplaces in Chicago
Lake Forest, IL – June 13, 2024: Consumers Credit Union (CCU; $3.2 Billion, Lake Forest, IL) is thrilled to announce it has been named to Best Workplaces in Chicago by Great Place To Work® and Fortune magazine. Earning a spot means that CCU has surpassed
rigorous benchmarks, establishing itself as one of the best workplaces among companies headquartered in Chicago."
Consumers Credit Union is a business about people," said Sean Rathjen, CCU's Chief Executive Officer. “Being named to Best Workplaces in Chicago is a wonderful honor, and reflects our commitment to fully supporting our employees, who in turn provide great service to our members.”
To determine the Fortune Best Workplaces in Chicago™ list, Great Place To Work collected nearly 50,000 confidential responses from employees at eligible companies. Employees shared feedback about their experience by responding to 60 statements about the employee experience and answering two open-ended questions. To be eligible for the list, companies must be Great Place To Work Certified™, have at least 10 U.S. employees, and be headquartered in the Chicago region.
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union (CCU) has $3.2 billion in assets and serves more than 220,000 members – one of the largest credit unions in the state. CCU
believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Consumers Credit Union.
Fortune Chicago Best Workplace Press Release - Final - 6-13-2024
Rockford Bell Credit Union and Consumers Credit Union Announce Planned Merger
Lake Forest, Illinois — April 3, 2024: Two Illinois Credit Unions - Rockford-based Rockford Bell Credit Union and Lake Forest-headquartered Consumers Credit Union - have announced their intent to pursue a merger later this year, subject to regulatory and member approvals. The companies will continue to operate as Consumers Credit Union, and after merging Consumers will remain the 5th largest credit union in Illinois, with nearly $4 Billion in total assets, 25 branch locations and over 260,000 members.
“It's a win - a win for all!,” said John Hansen, president and CEO of Rockford Bell Credit Union. “The Board of Directors and I are very excited about what this merger will bring. Additional services and products to Rockford Bell Credit Union's members and enhanced employee benefits for the staff.”
Sean Rathjen, CEO of Consumers Credit Union, said the merger will provide additional benefits for members, employees and communities. "We're thrilled to welcome the members and employees of RBCU to Consumers Credit Union," said Mr. Rathjen. "We look forward to providing RBCU members with even greater convenience and a broader range of banking products and services, while offering new opportunities for employees."
The merger has been approved by the Boards of both credit unions, and will require approval from the Illinois Department of Financial and Professional Regulation and the National Credit Union Administration. Rockford Bell Credit Union will also hold a vote of its members later this year, since the combined credit union will operate under Consumers’ existing charter and name.
About Rockford Bell Credit Union
Rockford Bell Credit Union is a nearly $40 million financial institution with over 4,300 members serving Winnebago, Boone, Ogle, Stephenson, Jo Davies, Carroll, Whiteside and Lee Counties and over 35 different employee groups.
About Consumers Credit Union
Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union has $3.5 billion in assets and serves more than 222,500 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
Press Release - Final - CCU-RBCU - 4-3-2024
KCT Credit Union and Consumers Credit Union Announce Planned Merger
Lake Forest, Illinois — April 3, 2024: Two Illinois Credit Unions - Elgin-based KCT Credit Union and Lake Forest-headquartered Consumers Credit Union - have announced their intent to pursue a merger later this year, subject to regulatory and member approvals. The companies will continue to operate as Consumers Credit Union, and after merging will be the 5th largest credit union in Illinois, with nearly $4 Billion in total assets, 25 branch locations and over 260,000 members.
“We are thrilled to embark on this journey with Consumers Credit Union, a step that marks a pivotal moment in our history,” said R. Michael Lee, president and CEO of KCT Credit Union. “This merger is more than just a unification of two credit unions; it's a testament to our shared vision of delivering exceptional value and service to our members, partners, and communities. More significantly, it amplifies our capacity to empower the communities we serve, enabling us to deepen our engagement and enhance our support in meaningful ways that truly make a difference.”
Sean Rathjen, CEO of Consumers Credit Union, said the merger will provide additional benefits for members, employees and communities. "KCT Credit Union has a long history of substantial support for the Elgin-area communities they serve," said Mr. Rathjen. "The combined credit union will be proud to continue this support, while offering members of both institutions greater convenience and employees more opportunities to grow their careers."
The merger has been approved by the Boards of both credit unions, and will require approval from the Illinois Department of Financial and Professional Regulation and the National Credit Union Administration. KCT Credit Union will also hold a vote of its members later this year, since the combined credit union will operate under Consumers’ existing charter.
About KCT
KCT is a member-owned, not-for-profit financial institution that focuses on helping people that live and work in Fox Valley communities to live better lives financially. Our product line has been developed to help everyone achieve their financial goals regardless of their current financial situation. KCT offers products such as everyday savings/lending needs, transactional services, debt consolidation, and financial planning through KCT Financial Services and more.
About Consumers Credit Union
Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union has $3.5 billion in assets and serves more than 222,500 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
KCTCU CCU 4-3 Press Release Final
CCU Awarded “Great Place To Work” Certification For 2nd Year In A Row
Lake
Forest, IL – March 24, 2024: Consumers Credit Union (CCU; $3.2 Billion, Lake Forest, IL) is thrilled to announce it has been certified again as a “Great Place To Work” by the Great Place To Work Institute in Oakland, CA. CCU
was awarded this certification in 2023 as well.
"Consumers Credit Union is a business about people," said Sean Rathjen, CCU's Chief Executive Officer. “The Great Place To Work certification is a wonderful honor, and reflects our commitment to fully supporting our employees, who in turn provide great service to our members.”
Great Place To Work Certification recognizes employers who create an outstanding employee experience. Certification is a two-step process that includes an employee survey and providing other company information, including community involvement efforts and a commitment to diversity.
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union (CCU) has $3.2 billion in assets and serves more than 220,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
Consumers Credit Union to accept Property Tax Collection for Lake County Treasurer's Office in Summer 2024
Gurnee,
IL — February 14, 2024: Starting this May, Consumers Credit Union branches will join several banks and credit unions as a collection point for Lake County property taxes. This initiative is part of a broader effort to improve the overall experience
for taxpayers and ensure a seamless payment process. Residents can visit any Consumers Credit Union branch in Lake County, Illinois to make their property tax payments with their stub, providing them with added convenience and flexibility.
“We are excited to partner with Consumers Credit Union to provide our residents with an additional location to pay their property taxes,” said Holly Kim, the Treasurer of Lake County.
“Instead of driving to my office in the Waukegan courthouse and going through security to wait in a line, you can conveniently visit any of the Banks and Credit Unions all over Lake County by your own home that take payment on our behalf and
hand you a receipt – just as if you paid in our office.”
"Consumers Credit Union has been recognized for its commitment to diverse communities and has received numerous awards for its outstanding service," said Sean M. Rathjen, President and CEO of Consumers Credit Union. “We are committed to serving
our members and the community, and we look forward to working with Treasurer Kim to make the process of paying property taxes more convenient for everyone.”
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union has $3.5 billion in assets and serves more than 222,500 members, making it one of the largest credit unions in the state. CCU believes
that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
FOR IMMEDIATE RELEASE -- January 22, 2024
CCU Hosts 94th Annual Meeting Election of Directors
Round Lake Beach, IL — January 22, 2024: Consumers Credit Union (CCU; Member-owned; $3.5 Billion, Round Lake Beach IL) will host its 94th Annual Meeting on Wednesday, March 13, 2024, at Great Wolf Lodge in Gurnee, IL. The meeting will feature the election of five (5) members to the credit union’s Board of Directors along with the awarding of over $10,000 in scholarships. The scholarships are selected and awarded by Consumers Cooperative Association, CCU’s sponsor.
The Annual Meeting kicks off with a welcome from Scott Drabicki, CCU’s Chairman of the Board, followed by Sean Rathjen’s CEO presentation. Sean will provide a recap of the credit union’s 2023 financial performance, including a comparison of CCU’s performance to that of other financial institutions both locally and nationally. Significant achievements from the past year will be highlighted in addition to a look ahead at plans for the coming years.
Members will then meet the candidates for the all-volunteer Board of Directors, followed immediately by the Board election. Those unable to attend the Annual Meeting can still participate by submitting proxy forms, which are available online at myconsumers.org.
“Consumers Credit Union’s Annual Meeting provides another opportunity to show members we’re the people in their corner. They can meet the credit union’s leaders, both at the Board and management level.” said Sean Rathjen, CEO. “Our members each have a voice in the election of their Board of Directors in a fair, transparent process. They’ll also have an opportunity to meet some of their fellow members and enjoy a great meal!”
Nominees for election to the CCU Board of Directors include the following:
- Abraham, George (Incumbent)
- Attea, William J.
- Bandyopadhyay, Abir
- Champaneri, Miten (Associate)
- Giotis, Spiro (Incumbent)
- Harris, Demar (Incumbent)
- Hubberts, Robert (Incumbent)
- Hultman, Gregory
- Lottes, Renee
- Mavrothalasitis, Spiridoula (Incumbent)
- Miller, Richard J.
- Razvi, Kumail
“We’re also excited to join hands with Consumers Cooperative Association as they announce thirty-one (31) scholarships totaling $70,000 to eligible high school seniors graduating from the class of 2024. Thirty (30) of the selected high school seniors will each be awarded a scholarship worth $2,000. One (1) high school senior will be chosen to receive the Bill Reidel Memorial Scholarship worth $10,000.” continued Rathjen. Consumers Cooperative Association will also conduct their Annual Meeting that evening, immediately following CCU’s 94th anniversary meeting.
Approximately 200 members and guests are expected to attend the meeting. Voting and registration begins at 5:30 pm, with dinner at 6:30 pm. 2023 Annual Reports will also be distributed. Tickets are available after February 1, 2024 at all CCU branches for $20 on a first-come, first-served basis. No tickets will be sold at the door.
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union has $3.5 billion in assets and serves more than 222,500 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
FOR IMMEDIATE RELEASE -- November 10, 2023
CCU Sponsor Offers Over $100,000.00 in Scholarships
Waukegan, IL, November 10, 2023: Consumers Cooperative Association (CCA), sponsor for Consumers Credit Union (CCU; $2.9 Billion, Waukegan, IL), is pleased to announce they will award over $100,000 in scholarships and are excited to reveal more opportunities to the credit union membership community.
CCA will award Thirty-one (31) scholarships to eligible high school seniors graduating from the class of 2024, totaling $70,000 in 2024. Thirty (30) of the selected high school seniors will each be awarded a scholarship worth $2,000. One (1) high school senior will be chosen to receive the Bill Reidel Memorial Scholarship worth $10,000.
CCA also opened more scholarship opportunities to eligible members pursuing their undergraduate degree. CCA will award sixteen (16) scholarships totaling $38,000 in 2024. Fourteen (14) selected students will each be awarded a scholarship worth $2,000. One (1) student will be selected to receive the Gayhart Silvola $5,000 Honorary Scholarship, and one (1) student will receive the Dorotha Betke $5,000 Honorary Scholarship. These named scholarships honor Gayhart and Dorotha, who each graciously shared their time and talents over 40+ years of devoted service as enthusiastic, loyal, and faithful CCA board members.
Additionally, for the second year, CCA is offering a scholarship opportunity to support eligible members with student loan debt. The scholarship seeks to alleviate the burden of student loan debt by helping members who have graduated and are in the workforce but still have student debt to pay.
"CCA is excited to provide various opportunities to help reduce the financial burden of a college education. It’s a great honor that CCA has been able to assist high school seniors in strengthening their education through this scholarship program for the past forty-six years," said Kathleen Crews, Consumers Cooperative Association (CCA) Chairman. “In the spirit of supporting and investing in our membership community, we are thrilled to be able to open the scholarship program to more members this year.
Details on the various scholarships, as well as applications and eligibility, are available on CCU’s website on the Consumers Cooperative Association’s page; myconsumers.org/cca. The deadline to apply for the high school and undergraduate scholarships is January 14, 2024, by 11:59 p.m. CST. The deadline to apply for the student loan scholarship is December 01, 2023, by 11:59 p.m. CST, providing ample time for eligible individuals to apply.
“Recognizing our youth’s academic achievements has always been very important to CCU. It is strongly encouraged that all eligible students apply for one of the offered scholarships,” noted Sean M. Rathjen, CCU’s CEO. “Both the credit union and the Association are committed to providing our youth with guidance and support through their educational journeys. This incredible initiative would not be possible without Consumers Cooperative Association, CCU’s sponsor.”
For more information about the Consumers Cooperative Association’s scholarship program, contact Kathleen Crews, CCA Chairman, by email at [email protected]. Consumers Credit Union, recognized as one of Forbes Best in State Credit Unions, is member-owned and proudly serves over 198,000 members in Illinois, Wisconsin, and across the country. Visit myconsumers.org for more information.
Consumers Credit Union Gives Large Donation to Midwest Veterans Closet
October 31, 2023: Consumers Credit Union (CCU) recently donated $225,000 to Midwest Veterans Closet towards the building of a new, much-needed facility. Midwest Veterans Closet provides food, goods and dignity for struggling military personnel, both current and former. Few, if any, parts of the current facility have adequate space. The food pantry is not handicap accessible, and clients wait outside in bad weather. The new facility has multiple buildings and will allow Veterans Closet to move their operation out of its current leased facility, saving money. The buildings will house their office, the food pantry, clothing and household items, retail space, a commercial kitchen for the food program with vocational training for food service jobs, and much more.
"Consumers Credit Union proudly supports the communities where our members and employees live and work," said Sean Rathjen, CEO of CCU. "Midwest Veterans Closet is an invaluable resource for military personnel and their families, and we are happy to help those who serve, whether now or in the past."
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union has $3.2 billion in assets and serves more than 200,000 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services or for information on how to join, visit myconsumers.org.
Midwest Veterans Closet Donation Press Release
FOR IMMEDIATE RELEASE -- August 7, 2023
Call For Nominations to Apply for CCU’s Board of Directors
Member-owned credit union offers unique opportunity to serve on Board
Waukegan, IL, August 7, 2023: While there are many reasons people trust credit unions to handle their financial needs, perhaps the most important reason is this: credit union members are also the owners, with a voice in the governance of their financial institution. That voice includes the opportunity to run for the credit union’s Board of Directors. In that spirit, Consumers Credit Union (CCU; $3.32 Billion, Waukegan, IL) is accepting applications for members to run for its Board of Directors.
Members interested in applying to serve on CCU’s Board should send a statement of intent via e-mail to [email protected], or by mail to Consumers Credit Union, Attention: Nomination Committee, 1075 Tri-State Pkwy Suite 850, Gurnee, IL, 60031-1811. Applicants must include their name, address, daytime and evening phone numbers to be considered. Candidates must meet the CCU Nomination Policy requirements, which shall be provided with the Volunteer Board Member Application to be eligible. The deadline for applying is 5 pm on Friday, September 15, 2023, with the election to be held at the CCU’s Annual Meeting on March 13, 2023. Four (4) of those elected to the Board will serve a three (3) year term and one (1) will serve a one (1) year term If you fail to submit a Volunteer Board Application Form by the due date established by the Nomination Committee and then seek to be nominated from the floor at the Annual Meeting, you MUST submit the Application Form no later than twenty-one (21) days prior to the Annual Meeting. Your submission will be evaluated by the Nominating Committee to determine if you meet all applicable qualification standards established by the Board of Directors. If you do not meet those standards, your nomination from the floor will not be considered.
Consumers Credit Union is looking for members with an interest in guiding the future of CCU,” said Sean M. Rathjen, CEO. “The ability to serve on our all-volunteer Board of Directors is a privilege unique to credit unions. Our Board consists of thirteen members, with this year having four of the members up for election. Our Board Members come from many different backgrounds. This diversity ensures we explore opportunities and challenges from numerous points of view.”
Volunteers serving on the Board of Directors are required to attend meetings approximately once per month throughout the year. “Our Board takes their responsibilities very seriously,” continued Rathjen. “Their focus and insight on strategy and regulatory aspects of CCU have helped us grow and evolve since the credit union was founded in 1930. We encourage all members to consider serving on our Board and look forward to receiving applications from many qualified candidates.”
For more information about applying for the Board of Directors, contact Lauren Collins, Executive Assistant, at [email protected]. Consumers Credit Union, recognized as one of Forbes Best-in-State Credit Unions, is member-owned and proudly serves over 219,000 members in Illinois, Wisconsin, and across the country. Visit myconsumers.org for more information.
PR - FINAL Call For BOD Press Release 2023
FOR IMMEDIATE RELEASE – July 20,2023
CCU Holds Grand Re-Opening Celebration for Branch in Waukegan, IL
Waukegan, IL, July 20, 2023: Consumers Credit Union (CCU) recently held a grand “reopening” celebration for its branch in Waukegan, IL. Visitors and local dignitaries met our branch staff, enjoyed refreshments and spun a wheel for prizes.
“Our employees think of themselves as ‘The people in your corner’,” said Sean Rathjen, CEO of Consumers Credit Union. “We couldn’t be more proud to open this reimagined, state-of-the-art branch in this great
location in Waukegan.”
Located at 2750 Washington Street, the new branch features seven Interactive Teller Machines (four in drive-up lanes and three in the lobby), mobile & text banking capability, a coin machine, a modern tech
bar and more.
FOR IMMEDIATE RELEASE – July 12, 2023
Consumers Credit Union Named to the Forbes List of America’s Best Credit Unions
Gurnee, IL. (July 12, 2023) – Consumers Credit Union (CCU; $3.28B, Gurnee, IL) is proud to announce that it has been recognized on the Forbes list of America’s Best Credit Unions for 2023. "Consumers Credit Union is honored to have been chosen by Forbes as being among the best credit unions in the country. We are very proud that our continued focus on providing exceptional service across all delivery channels is appreciated by members," said Sean Rathjen, CCU's CEO. “CCU is a people business, not a money business, and we always begin with our members’ best interest at heart.”
Forbes identified America’s Best-In-State Credit Unions 2023 based on averaged star ratings of credit unions that were the top finishers across more than 20 of their “best of” banking studies, such as lists of the best high-yield savings accounts, best free checking accounts and best CD rates.
2023-forbes-best-in-America-press-release_v2 (002)
Consumers Credit Union Holds Grand Opening Celebration for New Branch in Arlington Heights, IL
Gurnee, IL, June 14, 2023: Consumers Credit Union (CCU) recently held a grand opening celebration for its new branch in Arlington Heights, IL. A day-long community open house was followed by a formal ribbon cutting attended by local and state dignitaries.
Our employees think of themselves as ‘The people in your corner’,” said Sean Rathjen, CEO of Consumers Credit Union. “We couldn’t be more proud to open this state-of-the-art branch on this convenient corner in Arlington Heights.” Located at 950 E. Rand Road, the new branch features four Interactive Teller Machines (ITMs), mobile & text banking capability, a modern tech bar, coin machine and drive-up access.
Arlington Heights Press Release_v4
Great Lakes Credit Union and Consumers Credit Union Team Up to Support Waukegan Public Library
Waukegan, IL. (May 2, 2023) - Great Lakes Credit Union (GLCU; $1.38, Bannockburn, IL) and Consumers Credit Union (CCU; $3.28, Gurnee, IL) have teamed up to purchase a mobile library van for the Waukegan Public Library. The credit unions each donated $25,000, for a total of $50,000, to enable the library to purchase the vehicle.
The vehicle will empower the library to directly visit schools and community events and serve individuals who are homebound.
"This is a great example of the cooperative credit union model working to positively impact a community," said Steve Bugg, President and CEO of Great Lakes Credit Union, and a trustee on the Waukegan Public Library board. "We owe it to the communities we serve - especially those that have seen hardship over the years - to pool our resources to give back for a greater good."
Both Great Lakes Credit Union and Consumers Credit Union operate branches in Waukegan, and both value the opportunity to help in efforts to revitalize the city. "Consumers Credit Union proudly supports the communities where our members and employees live and work," said Sean Rathjen, Consumers' CEO. "The Waukegan Public Library is an invaluable resource for local families, and our joint effort with Great Lakes Credit Union will extend its reach to even more users."
Expanding the library's ability to serve the community is important to both credit unions. Waukegan Public Library, which has served the community since 1898, is a resource not only for books, but also for parenting, small business, employment, education, and other resources. "We're very excited to see the library on the move," said Waukegan Public Library Foundation President Loretta Pable.
"We've raised additional funds to support its ongoing use in community events and mobile services and are thankful to Great Lakes
Credit Union and Consumers Credit Union for their donation."
About Great Lakes Credit Union
Founded in 1938 and headquartered in Northern Illinois, Great Lakes Credit Union is banking for a greater good. As a not-for-profit financial cooperative with over $1 billion in assets, GLCU is proud
to serve around 80,000 members in Chicagoland and surrounding areas, and to give back to its members and communities through education, volunteerism and partnerships. Learn more about GLCU's accounts, educational initiatives and community development
programs at glcu.org.
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union (CCU) has $3.2 billion in assets and serves more than 200,000 members, making it of the largest credit unions in the state. CCU
believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU's products and services, or for information on how to join, visit myconsumers.org.
waukegan library van press release_v2_5.25.2023
Consumers Credit Union Announces Board of Directors Election Results
GURNEE, IL - Consumers Credit Union (CCU; $3.2 Billion, Gurnee, IL) today announced the results of the 2023 election for its Board of Directors. Nominated candidates were considered and voted on by members of the credit union at its annual meeting on March 8.
Incumbent directors Denise Charts, currently board secretary; Scott Drabicki, who serves as the board’s chairperson; John Fiore, currently vice chair; John Janezic and Kenneth Robinson were re-elected to 3-year terms. Miten Champaneri and Kenya Tassin have accepted one-year terms as Associate board members.
“Throughout our history, Consumers Credit Union has benefited from the guidance of our Board of Directors, whose diverse perspectives and substantial business experience are invaluable in advising our leadership team,” said Sean Rathjen, CCU’s
Chief Executive Officer.
Consumers Credit Union Awarded “Great Place To Work” Certification
GURNEE, IL - Consumers Credit Union (CCU; $3.2 Billion, Gurnee, IL) is thrilled to announce it has been certified as a “Great Place To Work” by the Great Place To Work Institute in Oakland, CA.
"Consumers Credit Union is a business about people," said Sean Rathjen, CCU's Chief Executive Officer. “The Great Places To Work certification is a wonderful honor, and reflects our commitment to fully supporting our employees, who in turn provide great service to our members.”
Great Place To Work Certification recognizes employers who create an outstanding employee experience. Certification is a two-step process that includes an employee survey and providing other company information, including community involvement efforts and a commitment to diversity. Read more about CCU’s certification, including employee survey results, at Working at Consumers Credit Union | Great Place To Work®
About Consumers Credit Union
Founded in 1930 and headquartered in Gurnee, IL, Consumers Credit Union (CCU) has $3.2 billion in assets and serves more than 200,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. To learn more about CCU’s products and services, or for information on how to join, visit www.myconsumers.org.
Consumers Credit Union Wraps Up Summer Internship Program
2018 participants enjoy unique opportunity to gain workplace experience
Consumers Credit Union (CCU; $1.25 Billion, Waukegan, IL) hosted their third annual internship program this summer, providing nine students a unique opportunity to gain valuable workplace experience. Participants in the 2018 paid internship program worked in different areas of the credit union, based in part on their own career goals.
CCU’s internship program was developed with the primary goal of providing real world work experience so the interns could gain exposure to their chosen career path. Most of the participants are college- students looking for summer
work while continuing their education. An advantage of interning at the credit union is the variety of career opportunities in financial services: human resources, lending, technology, administration, and sales, just to name a few.
“Our program is designed to create work opportunities and experience for college students. In addition, the intern program creates a pipeline of future talent for CCU,” said Kubas, Vice President of Talent Management. “In fact, we have had five of our prior interns become full time employees for us. They have brought great new ideas and innovative thinking to the team. We plan to continue to grow and expand our intern program opportunities next year.”
How did CCU’s interns view their experience? Here’s what some participants had to say …
- Gaby Alcala, Marketing Intern: “Consumers Credit Union has given me numerous opportunities to network and learn from leaders in the credit union, learn new skills, and explore different aspects of marketing. I enjoyed this role because I know the work I am doing is helping make the credit union an even greater financial institution and an employer of choice. Following my internship, I have learned how closely Marketing collaborates with all other departments in the credit union industry, and I am very thankful for this invaluable learning experience.”
- Lucy Zeng, Payments Intern: “Consumers Credit Union has given me the chance to learn more about the financial industry in a friendly and diverse working environment. This internship has provided me with the opportunity to apply what I have learned in school while at the same time helping me to improve my interpersonal skills.”
- Garrett Bronn, Accounting and Finance Intern (second year in the internship program): “Consumers Credit Union has been a great opportunity for me the past two summers. Both years have offered an extremely varied and beneficial program to gain skills outside of the classroom and to help prepare me for life in the financial and business sector.”
- Trey Fuchs, Sales Intern: “Consumers Credit Union gave me great workforce experience and allowed me to expand my skills through a variety of projects and customer interactions. The experiences I had at CCU were personal and professional, allowing me to form great relationships with the people I worked with.”
“The credit union highly values the internship program and feels it is an opportunity to find future talent for the organization,” continued Kubas. “Our interns have brought fresh perspective and ideas to the products and services we offer our members. As we strive to innovate and bring in new talent, we expect the intern program to be a key driver to future success.”
For more information about the program, please contact Gracelyn Goldensoph, HR Analyst, at [email protected] . CCU is Member-owned, with offices in Waukegan, Mundelein, Round Lake Beach, Gurnee, North Waukegan, Volo, Palatine, Schaumburg, Northbrook, Des Plaines and coming soon to Kildeer, Illinois.
Consumers Credit Union’s 2018 summer interns
For more information or to apply by phone, please call 877.ASK.CCCU (877.275.2228).