KCT Difference

Community Owned and Focused

Being member-owned, we focus on providing our members and communities with financial resources on a variety of topics. Our Member Service Representatives educate and ensure members understand their financial goals.

Benefits that Give Back to Members

Lower interest rates on loans and higher yields on savings products are a few of the direct ways we give back to our Members. We also gave $50,000 to our members who qualified for Premier Membership for 2022. 

Revenue Sharing/ Not-for-Profit

We are a credit union, which means we are not-for-profit. We don’t serve shareholders on Wall Street. Instead we serve you, our member-owners. During the 12-month period ending September 2022, KCT Credit Union has provided its member households over $5,711,916 in direct financial benefits* through lower loan rates, lower/no fees and better yields on deposits. (Source: Informa Research Services, NCUA and CUNA). 

Personalized Solutions

Our Member Service Representatives work with you to understand your financial situation and help you to determine the steps to reach your financial goals. 

KCT is our Name / Organizational Pride

Chartered in 1937, Kane County Teachers Credit Union was formed through the tireless efforts of Miss Martha Black, a teacher in the then Elgin Public School District, and Mr. E. Earl McCoy, then Kane County Superintendent of Schools.  Since that day, we have been dedicated to living the credit union philosophy of people helping people. Originally, KCT was chartered to serve teachers of Kane County. Throughout the years, KCT has broadened our membership field to offer financial literacy resources and services to our surrounding counties. KCT Credit Union is your local community credit union and we strive for excellence in serving our members.

Helping People Live Better Lives Financially

KCT also believes in the principle of serving our member-owners with financial literacy and education. We know that your financial health is just as important as your physical health. This is why we are advocates for our member-owners in times of economic turmoil, and why we have the ability to create individualized loan and savings products to meet your needs.


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, financial planning through KCT Financial Services and more.

Building Stronger Communities Together

KCT in the News

(August 2019) KCT Earns Editor's ChoiceTM Award for Community Commitment - KCT received recognition for supporting Illinois community schools and providing financial literacy to members. Read more about how we continuously support our communities here.

(August 2019) Sponsored WRMN Radio Talk Show at Gail Borden Library - WRMN 1410 Radio Talk Show did their morning show at Gail Borden Library, featuring an interview with our VP of IT/Marketing and VP of Lending/Operations. Read about it here, a subscription may be needed to view article. View the video here.

(August 2019) KCT Participates with ECC Project Backpack - KCT Representatives helped pass out backpacks filled with school supplies to eligible children in need. Read about it here, a subcription may be needed to view article.

(March 2019) CEO, Mike Lee, at CUNA Governmental Affairs Conference - Our CEO, Mike Lee, had the pleasure of being interviewed by CUNA in regards to how we provide financial wellness to our members. Read the article, watch the video or listen to the podcast provided by CUNA.

(December 2018) KCT Awarded Elgin Area Chamber of Commerce's Business Partner of the Year for 2017-2018 - KCT Credit Union was awarded Business Partner of the Year by School District U-46. This article goes into depth on our partnership with School District U-46 throughout the years. Read more here.

(August 2018) Grand Opening of KCT branch in Gail Borden Public Library - We've partnered with the Gail Borden Public Library and have opened a branch within their main location. Read more here

(January 2018) KCT Celebrates 80 Years - Celebration with Geneva Chamber of Commerce. Read more here.

(November 2017) Judson Shark Tank Event - Our VP of IT/Marketing participated as a Judge. Read about it here.

(October 2017) Donated to K.E.E.P. Youth Scholarship to a Batavia High School Graduate - KCT partnered with Kane Excellence in Education Partnership to donate $1,000 for the K.E.E.P. Youth Scholarship. Read more here.

(February 2017) "People over profits" Philosophy - How KCT Credit Union, and others, give back to their members. This article discusses our Premier Member Program, read more about it here.