Earthmover Credit Union

Retail Banking (Credit Union)earthmovercu.com

Company typePrivate
Founded1958
HeadquartersOswego, United States
Headcount51–100
GTM typeB2C
OfferingServices

Earthmover Credit Union firmographics

Firmographics

Name: Earthmover Credit Union
Legal name: Earthmover Credit Union
Website: https://earthmovercu.com
Company type: Private
Founded year: 1958
Operating status: Operating
Headcount range: 51–100 employees
Ownership category
akta.pro rank

Earthmover Credit Union industry classification

Industry

Product category: Retail Banking (Credit Union)
NAICS: Credit Unions (52213), Credit Unions (522130)
SIC: Savings Institution, Federally Chartered (6035)
akta.pro primary industry: Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
akta.pro secondary industry: Employer/Occupational Credit Unions (FSABAEAB)

Keywords

Retail banking services
Consumer lending
Mortgage lending
Credit union services
Savings accounts

Where Earthmover Credit Union is headquartered

Location

Headquarters

HQ city: Oswego
HQ country: United States
HQ region: North America

Offices4 records

Markets served

Earthmover Credit Union business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

Interest Income from Lending: Earthmover generates revenue primarily through interest earned on loans including mortgages, home equity loans, personal loans, vehicle loans, student loans, and credit cards. As a not-for-profit credit union, excess earnings are returned to members in the form of lower loan rates and higher savings rates.
Fee-Based Services: Service charges, overdraft fees, ATM fees (non-network), wire transfer fees, official check fees, and other banking service fees contribute to revenue generation.
Membership Fees: Share savings account membership with minimum balance requirements. Members maintain ownership stake in the credit union as depositors.

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Savings Accounts with competitive rates
Subscription	Monthly	Checking Accounts with interest-earning options
Other	Monthly	Vehicle Loans as low as 3.74% APR
Other	Monthly	Home Loans and Mortgage Products
Subscription	Monthly	Credit Cards with competitive rates
Subscription	Monthly	Identity Protection - IDShield

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Earthmover Credit Union product offering

Product offering

Core offering

Earthmover Credit Union is a not-for-profit, member-owned financial cooperative providing retail banking and consumer lending services to over 31,000 members in northern Illinois. It offers savings and checking accounts, certificates, Visa debit and credit cards, mortgage and home equity loans, vehicle loans, personal loans, student loans, and boat/RV financing, generating revenue primarily through interest income on loans and fee-based services with excess earnings returned to members.

Product overview

Earthmover Credit Union operates as a not-for-profit financial cooperative serving over 31,000 members in northern Illinois since 1958. The organization offers a comprehensive suite of financial products including savings and checking accounts (with the Bank On-certified Pace Checking Account), certificates of deposit, Visa debit and credit cards, mortgage loans, home equity products (loans and lines of credit up to 85% LTV), vehicle loans (as low as 3.74% APR), personal loans, student loans, and Boat/RV financing. Digital banking services include mobile banking (iOS/Android apps) and online banking with 24/7 access, transfers, and SecureAlerts. Youth programs include Dewey the Din-O-Saver, Teen Investment Program, and Panther Credit Union student-run branch. Additional services encompass insurance products (auto, home, life, AD&D), investment services through Earthmover Financial Partners, financial education courses, loan protection products (GAP, Mechanical Breakdown Protection), and Skip-A-Pay programs. The credit union operates five full-service branches plus a student-run branch, with new locations planned in Batavia and Romeoville.

Differentiator

Problem solved

Functional benefit

Products and services

Savings Accounts Share savings account (membership share), regular savings, Holiday Club Savings, Vacation Club Savings, Money Market Accounts, IRAs, and Save to Win prize-linked savings for individual members of the credit union.
Certificates of Deposit

Quantifiable outcome

$40,000 contributed to over 35 local non-profits in 2025 through Community Giveback program
+3 more outcomes

Companies that use Earthmover Credit Union

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Earthmover Credit Union technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Earthmover Credit Union partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

Peoples Energy Credit UnioncoreStrategic or Co-development Partner · 1 July 2024Completed merger with Peoples Energy Credit Union in July 2024. The merger brought 1,900 members to Earthmover, expanding service offerings and geographic reach. Peoples Energy Credit Union location in Chicago closed, with members served at Earthmover's five branches.
Waterford Place Cancer CentercoreStrategic or Co-development PartnerWaterford Place is part of Rush Copley Medical Center providing compassionate, holistic support for cancer patients, survivors, and their loved ones. Earthmover partners through member referral program, donating $58 per referral to support the organization. The partnership provides educational programs including managing finances during diagnosis, support groups, wellness classes, and salon services for those experiencing hair loss.
Habitat for Humanity Northern Fox ValleycoreStrategic or Co-development PartnerHabitat for Humanity of Northern Fox Valley provides affordable housing programs with no-interest loans for qualifying families. Earthmover supports through member referral program donations of $58 per referred member. Additional programs help homeowners with repairs and aging in place. The partnership aligns with Earthmover's mission of community financial wellness through affordable housing access.
Association for Individual Development (AID)coreStrategic or Co-development PartnerAID provides personalized programs for individuals affected by developmental, intellectual, physical and mental health challenges, serving over 5,200 individuals in the greater Fox Valley region since 1961. Earthmover supports through member referral program donations. Services include autism programs, permanent supportive housing, in-home support, developmental and vocational training, crisis intervention, and victim services.
IDShieldminorGTM or Marketing PartnerIDShield identity protection service offered through partnership, monitoring all three major credit bureaus for credit activity. Provides alerts about new inquiries or out-of-pattern behavior and enables credit locking. Available to Earthmover members as an additional protection service.
Aurora Financial Empowerment Center (FEC)minorStrategic or Co-development PartnerPartnership providing free, personalized financial counseling to members. The FEC offers resources to succeed financially and works with Earthmover to provide members with comprehensive financial wellness support beyond traditional banking services.
CORE Employer PartnerscoreChannel Partner/ Reseller/ DistributorEmployer partnership program providing employee benefits including payroll direct deposit, financial wellness resources, and workplace banking services. Employers partner with Earthmover to offer their employees convenient access to credit union services and financial education.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Earthmover Credit Union competitors and assessment

Company assessment

Direct peers

IH Mississippi Valley Credit Union: Illinois-based community credit union headquartered in Moline offering deposit, lending, mortgage, and digital banking products. Comparable community-cooperative model with a similar mid-sized asset base.
Scott Credit Union: Illinois-based community credit union headquartered in Collinsville offering full-service banking and lending products. Comparable community-cooperative operating model and product breadth.
Great Lakes Credit Union: Illinois-based community credit union headquartered in Bannockburn with a similar geographic field of membership in the northern suburbs of Chicago. Closely comparable retail consumer/community credit union model.
Consumers Credit Union: Illinois-based community credit union headquartered in Gurnee offering deposit accounts, lending, and digital banking. Similar community-chartered operating model and northern Illinois service area.
BCU (Baxter Credit Union): Illinois-based credit union originally founded for Baxter International employees that evolved into a community-chartered institution. Highly comparable evolution from employer-based to community-based membership and similar mid-sized asset profile.
First Northern Credit Union: Illinois-based community credit union serving the northern Illinois region with similar retail deposit and consumer lending offerings. Closely comparable field of membership and product mix.
Selfreliance Ukrainian American FCU: Illinois-based community credit union headquartered in Chicago with a comparable full-service retail banking product set. Direct peer as an Illinois-based cooperative institution serving a defined community.

Regional players

Connexus Credit Union: Wisconsin-based community credit union with a comparable community-cooperative model and similar breadth of deposit, lending, and digital banking products. Comparable operating model but different geographic footprint.
Dupaco Community Credit Union: Iowa-based community credit union operating as a financial cooperative with similar member-owned, not-for-profit philosophy and full-service retail banking offerings. Comparable cooperative model but different geography.

Broad incumbents

Alliant Credit Union: Larger Illinois-headquartered credit union serving a broad national digital-first membership with similar deposit, lending, and digital banking products. Comparable product set but materially greater scale and national reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Earthmover Credit Union compliance and trust

Trust signal

Compliance5 records

Earthmover Credit Union financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Earthmover Credit Union leadership team

Management profile

Number of profiles

Profiles6 records

Earthmover Credit Union subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Earthmover Credit Union funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Earthmover Credit Union M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Earthmover Credit Union

What does Earthmover Credit Union do?

Is Earthmover Credit Union a public or private company?

Earthmover Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Earthmover Credit Union founded?

Earthmover Credit Union was founded in 1958. It employs 51 to 100 people.

Where is Earthmover Credit Union based?

Earthmover Credit Union is headquartered in Oswego, United States, in the North America region.

How does Earthmover Credit Union make money?

Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are fee-Based Services and membership Fees.

Who are Earthmover Credit Union's main competitors?

Direct peers on record are IH Mississippi Valley Credit Union, Scott Credit Union, Great Lakes Credit Union, Consumers Credit Union, BCU (Baxter Credit Union), First Northern Credit Union and Selfreliance Ukrainian American FCU. Regional players are Connexus Credit Union and Dupaco Community Credit Union. Alliant Credit Union is listed as a broad incumbent.

Does Earthmover Credit Union have an API?

No public API is recorded for Earthmover Credit Union.

What industry is Earthmover Credit Union in?

Earthmover Credit Union's product category is Retail Banking (Credit Union). Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABAEAB, Employer/Occupational Credit Unions. Its NAICS code is 52213 and its SIC code is 6035.