Elgin’s Credit Union: Your Partner for Financial Wellness

Welcome to CAFCU Elgin, your community’s not-for-profit, member-owned credit union. If you live, work, or worship within 25 miles of our Elgin branch, you’re eligible to join and unlock financial guidance that helps you move beyond living paycheck to paycheck.

What is CAFCU?

We’re more than a bank. We’re a cooperative built to empower Elgin families with real solutions for saving, borrowing, and building financial confidence.

• Local experts who listen — our Elgin branch team lives here, works here, and understands the challenges of middle- and working-class families.
• Financial coaching, free for members — get one-on-one help with budgeting, credit scores, debt payoff, saving for a home or college, or planning retirement.
• Exclusive member benefits — unlock lower loan rates, higher savings returns, and special discounts.
• Community impact — every membership strengthens local nonprofits, schools, and programs we support.

Elgin-Area Residents Qualify for Credit Union Membership

Anyone who lives within 25-miles of CAFCU's Elgin branch at 1950 Big Timber Road qualifies to join our credit union family! This includes residents of:

• Elgin
• South Elgin
• West Dundee
• Carpentersville
• Pingree Grove
• Gilberts
• South Barrington
• Hoffman Estates
• Barrington Hills
Joining our not-for-profit, member-owned co-op is fast, free, and opens the door to your financial success.

Not a CAFCU member yet? Activate Your Free Membership

Meet your Elgin Branch Manager

Ricardo Rosa is here to empower the financial success of the Elgin area! He brings more than 13 years of banking experience, with a background in branch operations, customer service, and team leadership. He has successfully managed and coached branch teams and built strong community partnerships. He also has extensive expertise helping people achieve their financial goals. Ricardo is passionate about helping members achieve financial independence and building lasting relationships. Él habla español.

Location and Hours

We welcome you to stop by our branch at 1950 Big Timber Road, at the intersection of North Lyle Avenue and Big Timber Road. Here's when we are open:

• Mondays: 9:00 a.m. to 5:00 p.m.
• Tuesdays: 9:00 a.m. to 5:00 p.m.
• Wednesdays: 9:00 a.m. to 5:00 p.m.
• Thursdays: 9:00 a.m. to 5:00 p.m.
• Fridays: 8:00 a.m. to 6:00 p.m.
• Saturdays: 9:00 a.m. to 12:00 p.m.
• Sundays: CLOSED

Need to reach our team outside of normal business hours? Use the contact form below or call our Member Center (open Wednesdays!) between the hours of 7 a.m. and 5:30 p.m. CT at 1-800-359-1939.

What our Elgin Branch Members Say About Us

"I recently refinanced my vehicle with CAFCU. The process was straightforward, and they assisted in securing a more favorable rate compared to my previous lender. I have been with CAFCU since the early 90’s, and they have always come through for me. All members of my family have a CAFCU account, and we consider them part of the family. Thank you CAFCU!!" —Tim

"I have been with CAFCU for years and they are the best place to take my business. They are very professional and offer anything I need to deal with my Financial needs. The staff is tremendous and very courteous, always helpful and meet all of my needs. So happy to work with people who care so much about my needs and my time., and work hard to make my transactions easy." —Susana

"Very good and easy to work with! Always had a pleasant experience and have had several loans with CAFCU. They also helped get me started with building credit. Highly recommend!" —Jaime

"The Elgin branch has the friendliest tellers. They have a smile every time I stop in. They go above and beyond whenever I have a question. Not only do they answer my question but the rectify my issue right there for me." —Lynn

"Love the credit union and the employee. So helpful and empathetic. Not to mention excellent rates!" —Jomari

Giving Back to the Greater Elgin Community

We don’t just serve members — we invest in the health of Elgin.

We engage with our local communities in a number of ways. Visit our Community Engagement page to learn more about how we partner with local nonprofits, schools, libraries, and municipal organizations to empower the Greater Elgin community. In the past two years, we’ve proudly supported:

• PADS of Elgin
• Elgin Boys and Girls Club
• The Literacy Connection
• Elgin YWCA
• Elgin Salvation Army

Click below to learn more about how we work with Elgin-area organizations and reach out about partnering with us on a community project!

Contact Our Elgin Branch

Reach out directly to the team at elgin.il@cafcu.org. Someone will be in touch with you soon.