Get a Gold Star Deal with the Back to School Savings Event

EducationIt’s time to start buying notebooks, pencils, and backpacks – you can also pick up a great loan deal at IECU and head back to class in style!  With our Back to School Savings Event, you’ll get a fantastic deal for financing your new or used Auto, Motorcycle, RV, ATV, or Boat Loan.  You can book a new loan with IECU, or refinance your existing loan from another lender for great savings.  Best of all, you’ll make NO PAYMENTS for up to 90 days!

This offer expires on September 30, so don’t wait – contact IECU today and start raking in the savings!

Please note:  Some restrictions apply.  Offer not available on existing IECU loans.  No payments for 90 days on loans up to $25,000.  No payments for 60 days on loans $25,000.01 and over.  Rate based on credit score.  Subject to IECU underwriting guidelines.

Ask About Our Summer Savings Personal Loan Special!

CB064133Do your summer plans include a new backyard pool, an updated patio and landscaping, or an exciting vacation?  IECU can make those plans and more a reality with a great Personal Loan!  Our “Summer Savings” special is available July 1 to August 31 to help you finance your summer dreams at an affordable low rate.  You’ll get:

  • Up to $15,000
  • Terms up to 60 months
  • Rates as low as 6.95%

Applications are accepted in person, online, or by phone.  The summer will be over before you know it, so don’t wait!  Contact IECU today to learn more and make those daydreams come true!

Please note:  Some restrictions apply.  Special applies to new loans, or to refinanced Personal/Signature loans with the addition of $3,000 or more in new money.  Rate based on credit score.  Must fall within IECU guidelines.

Thank You for Joining IECU at Educators Night with the Sliders!

Sliders logoOn Sunday, July 20, IECU members were treated to a great night of baseball during Educators Night with the Springfield Sliders!  The game was sponsored by the Springfield Education Association, and IECU gave away 150 tickets for our members to enjoy the game and a picnic on the Party Deck at Robin Roberts Stadium.  We were pleased to see many IECU members at the game, and we gave away a number of goody bags and other items.  Drawings were held for three great prizes as well!

We would like to say THANK YOU to all of the Illinois Educators Credit Union members who came out in support of IECU and Educators Night!  We had a wonderful time, and we hope you did too!

Rev Up Your Summer with a New Recreational Vehicle!

IECU wants you to get outside and have some fun this summer!  If you’ve been thinking of buying a new or used boat, motorcycle, camper, or other recreational vehicle, we can help you finance your purchase at a great low rate.  As part of our “Rev Up Your Summer” Special, you’ll get no payments for up to 90 days.  Plus, you will be entered for a chance to win one of two Bass Pro Gift Cards worth $125 each!

This special is available June 1 to August 31, so don’t miss out on your chance for some summertime adventures!  Applications may be submitted in person, online, or by phone at (217) 528-2642.

Please note:  Offer valid for new IECU loans, including refinances from other lenders.  Does not apply to refinances of existing IECU loans.  No payments for 90 days on loans up to $25,000.  No payments for 60 days on loans over $25,000.  Rate based on credit score.  Must fall withi IECU guidelines. 

The Summer Swap Special is Here – Cut Your Interest Rate with IECU!

Heat up the summer with a cool loan from IECU!  We are pleased to bring our members the Summer Swap Special!  If you currently have an auto, motorcycle, boat, ATV, or RV loan with another lender, consider refinancing with IECU.  We have great low rates to save you money, and you’ll even get a break from making payments!  Check out the perks of the Summer Swap Special:summer, car, sunny

  • No payments for 45 days
  • Save 2% or more off your current rate
  • Rates as low as 2.99% with terms up to 72 months

This special is available June 1 to July 31, so don’t miss out!  You can apply in person, online, or by phone at (217) 528-2642.  Apply today and save some cash this summer!

Please note:  Some restrictions apply.  Offer not valid on refinances of existing IECU loans.  Rate based on credit score.  Must fall within Credit Union guidelines.  

Six Flags St. Louis Tickets Available at IECU!

Get ready for some summertime fun!  Tickets for the 2014 season at Six Flags St. Louis are now on sale at Illinois Educators Credit Union!  We offer One Day General Admission tickets and Season Passes, both at discounted prices to save our members money.  One Day General Admission tickets are $40.13 each, and Season Passes are $59.66 each.

Please note:  One Day General Admission tickets sold at IECU are valid ONLY at Six Flags St. Louis.  They cannot be used at any other Six Flags location.  Members purchasing a Season Pass at IECU will receive a voucher and must visit Six Flags St. Louis to obtain their official Season Pass.  The Season Pass may then be used at other Six Flags locations.  Please visit the Six Flags website for park schedules and additional details for planning your visit.


New IECU Fee Schedule Effective March 1, 2014

In our Winter 2014 Newsletter released in January, Illinois Educators Credit Union members were notified of changes coming to the IECU fee schedule.  These changes will take effect on March 1, 2014.  The updated fee schedule may be viewed here, and you may also pick up a copy at either IECU Office.

Ask About Our Skip-a-Pay Program!

IECU is pleased to offer a fantastic service to our members:  Skip-a-Pay!  We all find ourselves short of money from time to time, perhaps due to an unexpected expense.  When some extra cash is needed, our Skip-a-Pay program can help!  You can apply to skip your regular monthly loan payment, a great option to have when your finances are a bit tight.

Skip-a-Pay is available on loans with balances up to $30,000, excluding Second Mortgages and Visa Credit Cards.  Depending on the current balance and status of your loan, you may skip up to two payments per year.  A completed Skip-a-Pay application is required, along with a $35 fee for each skipped payment.  Applications are accepted in person or via fax – email applications are not accepted.  When the Skip-a-Pay period is over, your payments will resume as usual per your loan agreement.

For additional information about the terms and conditions of IECU’s Skip-a-Pay program, please contact a Loan Officer at (217) 528-2642!

Requesting Your Credit Report

Under the Fair and Accurate Credit Transactions Act (FACT Act), consumers have the right to obtain a free copy of their credit report once every 12 months from each of the three nationwide consumer credit reporting companies:  Equifax, TranUnion, and Experian.  These reporting agencies have created, a centralized service for consumers to request their free credit reports.  The site offers a quick and secure way to request, view, and print your credit report.

IECU strongly encourages members to check their credit reports on a regular basis. Regular monitoring of your credit report will allow you to verify that all of the information is accurate and that all accounts in your name are rightfully yours.  If you discover any incorrect information or an account that you did not open, it’s important to notify the credit reporting companies as soon as possible.

You may choose to request your credit report from one reporting agency every few months, allowing you to check your report periodically throughout the year, or you may request all three reports at the same time.  Requesting a copy of your credit report will not negatively affect your credit score.

To request your credit report on, you will be asked to provide your name, date of birth, Social Security Number, and address information.  You can then pick which report(s) you would like to request, and you will be able to review the information and print it for your records.  You may also request your credit report by phone or by mail.  Additional information can be found on

Be sure to access by clicking on the link above, or type the address directly into your Internet browser to be certain you are on the right website.

First Mortgages Available at IECU

IECU is proud to bring our members the myCUmortgage program!  Members throughout the state of Illinois can apply for a mortgage from IECU.  Whether you are looking to buy a home or refinance an existing mortgage, we have affordable options to suit your needs.  The application process is easy:  contact an IECU Loan Officer and we’ll help you get started on the road to purchasing a home.  To speak with a Loan Officer or to schedule an appointment, please call (217) 528-2642.