As a credit union, First Northern is a not-for-profit organization.
We're owned and operated by our members, the people who save and borrow money here. Because we have no outside stockholders, our members earn higher dividends on savings, pay lower rates on loans, and appreciate reduced or eliminated fees, plus improved service.
First Northern Credit Union has seen many changes through the years. But one thing remains: our unwavering commitment to improve the financial well being of each member we serve. Established in 1944, we initially served Commonwealth Edison Company employees and their families as their company credit union, then known as Edison Credit Union.
Today, we've grown to serve communities and companies throughout northern Illinois while maintaining our grassroots commitment to our ComEd beginnings. Because of them, we've grown to become one of the largest, healthiest, and most progressive credit unions in the state.