Supporting Your Business

Credit Union Banking Services for Growing Businesses

At Alero Financial, we believe growing businesses deserve more than cookie-cutter banking. As a member-owned, not-for-profit cooperative with deep Chicago roots, we’re here to help your business thrive with personalized business services, competitive rates, and a people-first approach.

Since our founding in 1939 by employees of Automatic Electric Company on Chicago’s west side, we’ve stood by the principle of “people helping people.” That tradition continues today as we partner with commercial property managers, investors, and small to medium-sized businesses in Chicagoland and beyond.

Why Choose a Credit Union for Your Business?

Partnering with Alero means:

Member ownership, not shareholders: Our profits go back to you through better rates and lower fees.
Local expertise with national reach: Headquartered in Elgin, Illinois, we serve businesses across the Great Lakes region and nationwide.
Decisions made locally with your business in mind.
Personalized service: We are real people living in your community who know your market and your goals.
Long-term relationships: We want to grow with you, offering guidance and resources at every stage of your business.

Our mission is rooted in empowering businesses and communities. Let us empower your financial success!

Our Business Services

We’re building a comprehensive suite of commercial services to meet your business needs.

Commercial Real Estate Lending: Secure competitive financing with hands-on support from experts who understand the Chicago market. We offer flexible loan terms and competitive rates, SBA lending options, and personalized, local decision-making.
Business Prosperity Savings: A smarter way to grow your reserves with a limited-time, high-yield introductory APY and one simple tier for saving more.
More Coming Soon: We’re expanding our business lending and deposit products to give businesses even more tools for success. Stay tuned for new offerings in 2025 and beyond.

Who We Serve

As an Illinois credit union serving members nationally, we focus on supporting:

Chicago-area property managers and investors financing new opportunities.
Local small and medium-sized businesses across our branch markets (Illinois, Virginia, Pennsylvania, Connecticut)
Entrepreneurs and start-ups looking for flexible financial solutions with a trusted partner.
National businesses seeking a reliable, member-focused alternative to big-bank commercial accounts.

Our Commitment to our Business Members

When you work with Alero, you get more than financial products. You gain a partner committed to:

Helping you build stability: Whether saving for expansion, managing cash flow, or investing in property.
Providing tailored guidance: Our Business Services team listens first, then recommends solutions.
Strengthening communities: Every Alero business member fuels our cooperative mission of financial empowerment.

Ready to grow with Alero's Business Services?

Whether you’re investing in property, building reserves, or expanding operations, Alero is here to help you prosper. Partner with a credit union that knows Chicago, serves nationwide, and always puts people first.

Whether you’re ready to finance your next real estate project, open a high-yield savings account, or explore what’s next, our team is here to help.

👉 Fill out the form below to connect with our Business Services team, or call us 1-800-359-1939.