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 and over 260,000 members.

The KCT branch at Elgin Community College will be closed starting Monday, March 25th, through Sunday, March 31st, for the college's Spring Recess. All other KCT branches will be operating on regular business hours during this time. Regular hours at the ECC branch will resume on Monday, April 1st, 2024. 

Now you can grow your money at a great rate of 5.00% APY* for a 7-month CD (with at least $25,000 in new money added to the CD. Otherwise the rate is 4.85% APY*). We're also offering a 14-month CD at 5.50% APY* (with at least $25,000 in new money added to the CD. Otherwise the rate is 5.25% APY*). This is a limited time offer, so don't delay, visit us at any KCT branch or call 847.741.3344 to speak to an MSR today!