Great Lakes Credit Union announces new branch opening in Libertyville
BANNOCKBURN, IL (February 25, 2022) — Great Lakes Credit Union (GLCU) today announced plans to open a new branch in Libertyville. This is the credit union’s seventh branch in Lake County and thirteenth branch in Illinois. The new branch will open this spring and will be located near downtown Libertyville.
The branch is a slightly re-imagined version of a traditional branch. There will be no teller line – members will be able to conduct cash transactions via ATM. The focus will be on assisting members with more complex transactions such as managing investments and applying for loans or other accounts. There will also be space for members to set up and learn how to use GLCU’s digital banking services
Mortgage loan officers, loan consultants, investment advisors, and member service consultants will be on site. In addition to the state-of-the-art full-service lobby, the branch will feature a drive-thru ATM that is open to the public.
“We recognize that the needs of our members are evolving,” said Steve Bugg, President and CEO of GLCU.
“Many members want to come into a branch for personalized assistance but prefer to do their day-to-day banking via digital channels. This branch offers the best of both worlds and represents the continued evolution of GLCU alongside our members. We look forward to supporting the thriving commercial and small businesses, as well as the growing families that call Libertyville home,” Bugg said.
While GLCU has not had a physical branch presence in Libertyville for almost a decade, it has served members in and around the community since the credit union’s inception in 1938
Great Lakes Credit Union is thrilled to branch out into the Libertyville community this coming spring. GLCU is committed to financial empowerment for everyone and giving back to its communities is one of the credit union’s core values.
About Great Lakes Credit Union
Founded in 1938 and headquartered in Northern Illinois, Great Lakes Credit Union is banking for a greater good. As a not-for-profit financial cooperative with over $1.3 billion in assets, GLCU is proud to serve 80,000 members in Chicagoland and surrounding areas, and to give back to its members and communities through education, volunteerism, and partnerships. Learn more about GLCU’s accounts, educational initiatives, and community development programs at www.glcu.org.
