FREQUENTLY ASKED QUESTIONS

What is a Credit Union?

A non-profit financial institution that is privately owned and operated entirely by its members. Credit unions provide financial services for their members, including savings and lending. To join a credit union, a person must ordinarily belong to a participating organization, such as a college alumni association or labor union or share a common employer. When a person deposits money in a credit union, he/she becomes a member of the credit union because the deposit is considered partial ownership in the credit union.

Is the Elgin Mental Health Center Employees' Credit Union owned or operated by the State of Illinois or Elgin Mental Health Center?

No. While regulated by the State of Illinois, it is owned by it's membership and is NOT a part of any government agency or Department. In our case it has 2 full time employees and is governed by a Board of Directors made up of volunteers drawn from current and former EMHC employees.

Where is your office Located?

750 South State St. , Elgin, IL on the Elgin Mental Health Center Campus, in the Rehab Bldg. rooms 242&243. Our phone # is 847-742-1040 Ext.2610 or Ext.2690, Our fax # is 847-608-8619. Our email address is info@emhccreditunion.org

What are your hours of operation?

Monday - Friday 8:00am to 4:00pm

What Holidays are you closed on

2015  
New Year's Day Thursday, January 1
Martin Luther King Day Monday, January 19
Lincoln's Birthday Thursday, February 12
Washington's Birthday (President's Day) Monday, February 16
Memorial Day Monday, May 25
Independence Day Friday, July 3
Labor Day Monday, September 7
Columbus Day Monday, October 12
General Election Day N/A
Veterans' Day Wednesday, November 11
Thanksgiving Thursday and Friday, November 26 & 27
Christmas Friday, December 25
2016  
New Year's Day Friday, January 1
Martin Luther King Day Monday, January 18
Lincoln's Birthday Friday, February 12
Washington's Birthday (President's Day) Monday, February 15
Memorial Day Monday, May 30
Independence Day Monday, July 4
Labor Day Monday, September 5
Columbus Day Monday, October 10
General Election Day Tuesday, November 8
Veterans' Day Friday, November 11
Thanksgiving Thursday and Friday, November 24 & 25
Christmas Monday, December 26