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Great Lakes Credit Union Rates & Review March 2026

Great Lakes Credit Union's money market rates are at 0.25%. Great Lakes Credit Union's Personal Loan Rates are at 4.99%. MonitorBankRates evaluates the financial stability of Great Lakes Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.78%. Rates were last updated on 03/26/2026.

Great Lakes Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Great Lakes Credit Union? Share your experience about Great Lakes Credit Union by leaving a review below, or read customer reviews before you decide to use Great Lakes Credit Union.

Overall Health & Safety Grade ?
A
Excellent Health Score: 95/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
9.78%
Excellent Higher than avg
Great Lakes Credit Union
GLCU Headquarters
2111 Waukegan Rd
Bannockburn, IL 60015
https://www.glcu.org
Member NCUA

Great Lakes Credit Union Money Market Rates

Product Rate APY View More
Business Money Market Account - 3.50%
Min Balance $100,000
Details Accounts with $100,000.00 or greater will earn 3.50% APY* during the promotion
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Business Money Markets - 3.50%
No additional details.
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Business Money Market Account - 1.50%
Min Balance $25,000
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Business Money Market Account - 0.75%
Min Balance $10,000
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Business Money Market Account - 0.25%
Min Balance $2,500
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%

Great Lakes Credit Union Checking Rates

Product Rate APY View More
Checking Accounts - 5.00%
No additional details.
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%

Great Lakes Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity Loans - - 7.75%
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%

Great Lakes Credit Union Auto Loan Rates

Product Rate Points APR Term View More
Auto Loans - - 4.99%
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
New & Previous Model Year (2025 & 2026) Auto Loan - - 4.99% 63
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
New & Previous Model Year (2025 & 2026) Auto Loan - - 5.24% 64-75
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Used (2016 - 2024) Auto Loan - - 5.49% 63
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
New & Previous Model Year (2025 & 2026) Auto Loan - - 5.74% 76-84
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Used (2016 - 2024) Auto Loan - - 5.74% 64-75
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Used (2016 - 2024) Auto Loan - - 6.24% 76-84
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%
Auto Loan Refinancing - - 7.24%
Details As Low As
Last Updated 03/26/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 9.78%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Great Lakes Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Great Lakes Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Great Lakes Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Great Lakes Credit Union
Address 2111 Waukegan Rd, Bannockburn, IL 60015
Phone 847-578-7000
Fax
President Patrice Price
CEO Steven Bugg
Full-Time Employees 261
Part-Time Employees 5
Branch Locations 21
ATM Locations 21
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A (95/100)
Texas Ratio
9.78%
Return on Assets (ROA)
0.3726%
Return on Equity (ROE)
4.0823%
Non-Performing Loans Ratio (NPL)
1.15%
Total Assets
1,422,909,203
Total Amount of Shares and Deposits
1,202,960,438
Total Shares and Deposits < 1 Year
1,089,247,908
Total Shares and Deposits 1 3 Years
102,831,401
Total Shares and Deposits > 3 Years
10,881,128
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
66,039,600
Total Uninsured Shares and Deposits > $250K (F+J)
66,039,600
Total Insured Shares and Deposits > $250K (item 17 less item K)
1,136,920,838
Total Interest Expense (Sum of items 6 8)
19,098,434
Share Certificates
9,993
Number of Accounts for Share Drafts
52,402
IRA KEOGH Accounts
2,484
Number of Accounts for Regular Shares
138,605
All other shares
309
Non Member Deposits
4,026
Money Market Shares
5,130
Net Income (unless the amount is already included in Undivided Earnings)
5,302,138
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
72,516,981
Total Liabilities
1,315,344,909
Source: NCUA — Last Updated 09/30/2025

Customer Reviews

GhwU
★★★★★
December 17, 2025
bNHE
Average Rating
★★★★★
Total Reviews
1
Add Your Rating and Review for Great Lakes Credit Union
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Frequently Asked Questions About Great Lakes Credit Union

Is Great Lakes Credit Union a safe place to deposit money?

Yes, Great Lakes Credit Union is considered a safe financial institution. With a Texas Ratio of 9.7791860770088%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does Great Lakes Credit Union operate?

Great Lakes Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Great Lakes Credit Union?

Yes, to access services at Great Lakes Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Great Lakes Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Great Lakes Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Great Lakes Credit Union offer online and mobile banking?

Most modern institutions like Great Lakes Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.glcu.org.

Current Great Lakes Credit Union Rates

  • MMA0.25%
Retrieved from our database of financial products. Rates subject to change.