Chicago Municipal Credit Union: Serving The Community Since 1926

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Chicago Municipal Credit Union: Serving The Community Since 1926
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About Chicago Municipal Credit Union

Established in 1926, Chicago Municipal Credit Union (CMCU) is a not-for-profit financial institution dedicated to serving the financial needs of the Chicago community. With a rich history spanning almost a century, CMCU has grown to become one of the largest credit unions in the area, providing a wide range of banking services to its members.

Membership Eligibility

CMCU membership is open to various groups, including City of Chicago employees, their immediate family members, and employees of select partner organizations. By becoming a member, individuals gain access to a wide range of financial products and services designed to meet their unique needs.

Services Offered by CMCU

1. Savings and Checking Accounts

CMCU offers a range of savings and checking account options, allowing members to conveniently manage their finances. These accounts come with competitive interest rates and various features such as online banking, mobile banking, and access to a network of ATMs.

2. Loans and Mortgages

Whether you’re looking to purchase a new home, buy a car, or need a personal loan, CMCU provides affordable loan options with flexible terms. Their mortgage programs offer competitive rates and personalized assistance throughout the home buying process.

3. Credit Cards

CMCU offers credit cards with competitive interest rates and rewards programs. Members can choose from a variety of credit card options, including cashback, travel rewards, and low-interest cards.

4. Investment and Retirement Services

CMCU provides investment and retirement planning services to help members secure their financial future. Their dedicated team of financial advisors can assist with retirement planning, investment strategies, and portfolio management.

Why Choose CMCU?

There are several reasons why choosing CMCU for your financial needs is a smart decision:

1. Community Focus

CMCU is deeply rooted in the Chicago community and is committed to improving the financial well-being of its members. By choosing CMCU, you’re supporting a local institution that reinvests its profits back into the community.

2. Competitive Rates and Fees

CMCU offers competitive rates on loans, mortgages, and savings accounts. They strive to keep fees low, ensuring that members can maximize their financial resources.

3. Personalized Service

As a member of CMCU, you’re not just a number. The credit union prides itself on providing personalized service to its members. Their friendly and knowledgeable staff are always ready to assist with any financial questions or concerns.

4. Convenient Access

With multiple branches and a robust online banking platform, CMCU offers convenient access to banking services. Members can easily manage their accounts, make transactions, and access a range of financial tools from the comfort of their homes.


Q: How can I become a member of Chicago Municipal Credit Union?

A: Membership is open to City of Chicago employees, their immediate family members, and employees of select partner organizations. To become a member, you can visit any CMCU branch or apply online.

Q: What are the benefits of joining a credit union like CMCU?

A: Credit unions offer numerous benefits, including lower fees, competitive rates, personalized service, and a focus on community development. By joining CMCU, you become part of a financial institution that prioritizes your financial well-being.

Q: Can I access my CMCU accounts online?

A: Yes, CMCU offers a robust online banking platform that allows members to access their accounts, make transactions, and manage their finances conveniently from any device with internet access.

Q: Does CMCU offer mobile banking services?

A: Yes, CMCU provides mobile banking services through their mobile app. Members can download the app on their smartphones or tablets to access their accounts, deposit checks, pay bills, and more.

Q: What sets CMCU apart from other financial institutions in Chicago?

A: CMCU stands out for its community focus, competitive rates, personalized service, and convenient access. As a member, you can feel confident that your financial needs are being met by a trusted local institution.

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