A little about us: All about you

Back on January 27, 1939 ten incorporators deposited $5 each to start our credit union. We had $50 in collective capital and we got going arming the good people of Illinois with the financial services they needed: bank accounts instead of shoeboxes, the means to buy that pretty little 1942 Pontiac Streamliner.

77 years later, not a whole lot has changed. We may have grown from $50 to nearly $900 million in assets and over $77 million in capital, reflecting a net worth of more than 10% of assets and from ten incorporators to nearly 40,000 members across the country. But we’re still focused on our members and live by pretty simple beliefs:

  • We do what's right for members to improve their financial lives
  • We treat member needs just like our own needs
  • We can succeed only if our members succeed

These days, that ‘42 Pontiac has turned into a Model S Tesla, and we’re marveling at the invention of the Apple Watch™ instead of the Slinky™, but Andigo is still here to go wherever you’re going. From daily grind to life-time decisions, we’re there. Want to retire at 30? We’ll arm you with the right tools to avoid that mid-life crisis. Off to school? We’ve got your emergency credit card ready (for emergency tacos, let’s be honest). Saving for that dream day? We know no white wedding is complete without at least two dozen white trumpeter swans.

Life’s short, but your dreams are big. Andigo is here to help you grow from a kid with a shoebox to an adult with a retirement plan -- and all the adventures in between.

Your big bank is a Monday morning. We’re a Friday.

We’re not a bank. We’re a credit union. We’re more different than we are alike, actually. Yes, you get the same financial products and services from checking accounts to wealth management to life insurance with the same conveniences like mobile banking and 24/7 account access. But the goals of a big bank and the goals of Andigo are very very different.

The simplest way to think about it is that banks are owned by shareholders and investors while credit unions are owned by their members. Banks have a goal of bringing as much profit to its shareholders as possible, whereas credit unions are not-for-profit cooperatives, so any profits we make go right back into your wallet. We’re even run by a volunteer group of professionals who make up our Board of Directors, elected by our members.

For you, that all results in lower loan rates, higher dividend rates, fewer fees and a really friendly staff of people who are here to help you with all the crazy things you have planned like that polar expedition you think will be a piece of cake or that mid-life crisis your husband won’t notice parked in the garage.

This is the part where you’re probably saying -- why wouldn’t I ditch my bank? Why not indeed, my friend. Who wants a Monday morning when you can have a Friday, every day?

That’s why you’ll hear us say “Lose your bank & let’s go” a lot. At Andigo, we’re all about getting you to where you need to be, hitting your financial goals faster. Your goals are truly our goals, since we’re all in it together.

Banks can’t say the same. So say sayonara to your bank, and let’s get to work on your future, shall we?