Skip to main content

A century of service: Great Lakes Credit Union celebrates Chicago Municipal Employees Credit Union’s 100–year anniversary

Bannockburn, IL (June 1, 2026) |

Great Lakes Credit Union (GLCU) is proud to celebrate the 100-year anniversary of Chicago Municipal Employees Credit Union (CMECU), honoring a century of service to members and communities across Chicago.

Established in 1926 by members of the Municipal Employees Society of Chicago, CMECU was recognized as the oldest active credit union in Illinois. For 100 years, the credit union has helped working people save, borrow, and build stronger financial futures. Today, GLCU is honored to preserve and expand upon that robust legacy as one unified credit union.

Following CMECU’s merger with GLCU at the end of 2024 and the completion of the data conversion in 2025, GLCU is offering special anniversary promotions on share certificates and personal loans from June 1 through August 31, including:

  • A 1.00% APR* discount on personal loans.
  • A 4.25% APY* rate on 100-day share certificates for consumers, businesses, and IRA accounts.

These limited-time offers are designed to help members celebrate CMECU’s centennial with added borrowing and savings opportunities. Members can learn more by visiting a branch or our dedicated promotion landing page.

Contact

Daily Credit Union News – Straight to Your Inbox

Join thousands of credit union industry professionals who start their day with the latest news, events and technology supporting the credit union industry.