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Better Banking for All.

Credit Union 1 is more than a bank—it’s a community. As a credit union, we know our strength is in our members, and for more than sixty-five years, we have been committed to helping individuals, families, and businesses along their journeys to reach their unique financial goals.

As a not-for-profit cooperative owned by our members, we are committed to the financial success of the communities we serve. At Credit Union 1, as we grow, so does our ability to reinvest in our members. Every deposit increases our ability to lend to members in our community, which in turn generates interest income. This allows us to offer higher deposit rates and lower loan rates than you may find at traditional banks. That income is also reinvested in CU1 to ensure you receive the best technology and service available for an enhanced member experience. It’s a financial and service win-win that you will only find at a credit union like Credit Union 1.

At CU1, our mission every day is to deliver a personalized and convenient banking experience that creates a brighter financial future for each member. That’s what we mean when we say Better Banking for All.

ATMs

You can access your accounts anytime, anywhere—CU1 is always just around the corner. CU1 members have access to more than 90,000 surcharge-free ATMs.

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CO-OP Shared Branching

CO-OP Shared Branches and ATMs are available in all 50 states. Find your nearest shared branch or surcharge-free ATM no matter where you travel. 

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Membership

CU1 will be your financial partner every step of the way, with dedicated member service online, in person, and over the phone. Discover how CU1 can help you take the next step on your financial journey.

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CU1 for Employers

Credit Union 1 partners with top institutions around the country to provide financial resources and education to employees and students. 

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Work at CU1

Discover why Credit Union 1 consistently ranks among the top workplaces in our markets and explore available opportunities to join our team.

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Partnerships

Partnering with institutions like the University of Notre Dame, University of Illinois Chicago, and Live Nation, offering various banking services to students, staff, alumni, and sports fans.

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Mergers

Merging with like-minded credit unions to benefit members and employees of both institutions.

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CU1 Cares

Credit Union 1 is committed to helping individuals, families, and communities succeed, both through our credit union and by giving back.

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Holiday Closings

We spend our holidays celebrating with family and friends, remembering important people and relaxing. Before you visit your nearest branch, make sure we're open.

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Rantoul branch construction

A History of Putting Members First

Credit Union 1 was founded in 1958 with an original base of membership of personnel from Chanute Air Force Base in Rantoul, Illinois. In the more than sixty-five years since, Credit Union 1 has evolved and grown to a national footprint—serving members in Illinois, Indiana, Nevada, Georgia, and beyond—while maintaining the community-oriented, member-first approach to service that has helped our members thrive.

Board of Directors

  • Bob Eberhardt, Chairman
  • David Thurston, Vice Chairman
  • Todd R. Gunderson, Treasurer
  • Thomas Wells Jr., Secretary
  • Paul Simons
  • Kent W. Yager
  • Daniel Long
  • Rex Tolliver
  • Hallie Olson

Executive Team

  • Todd Gunderson, President/Chief Executive Officer
  • Scott McDonald, Chief Financial Officer
  • Paul Fichter, Chief Legal Officer
  • Jeff Rothmeyer, Chief Lending Officer
  • Michael Hirt, Chief Technology Officer
  • Sue Heyen, Chief Human Resources Officer
  • Kevin Allen, Chief Sales Officer
  • Michael Eck, Chief Marketing Officer

Annual Report

The 2023 Annual Report captures the accomplishments that made the year a success for the credit union and our members. Credit Union 1 takes pride in transparently sharing our progress with our member-owners and serving our communities each year.