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Baxter Credit Union Reaches $1 Billion in Assets

Baxter Credit Union Reaches $1 Billion in Assets

For immediate release:
April 22, 2005

Contact: Astrid Perez
(847) 522-8723
Astrid.perez@bcu.org

Vernon Hills, IL – April 22, 2005 – Illinois based Baxter Credit Union (BCU) reaches $1 Billion dollars in assets, announced Michael G. Valentine, President and CEO.

BCU has experienced great growth since its inception in 1981. Started as a credit union for Baxter employees, BCU has expanded its services with membership now open to several prestigious companies around the country and a large portion of the greater Chicago land area.

“Member service is the cornerstone of all we do. Throughout the years, our focus and commitment to our members has driven us to add value, convenience and security. We attribute our member focus to BCU’s success and great growth. Our members drive us to be forward thinking and aggressive in our goals”. Mike Valentine, President and CEO.

BCU currently serves more than 115,000 members throughout the United States and Puerto Rico. BCU is a not-for-profit, member-owned credit union offering a full range of financial products and services, in English and Spanish. Known for competitive rates, low fees, and state-of-the-art services, BCU is headquartered in Vernon Hills, Illinois.

“BCU’s healthy growth to $1 Billion dollars in assets is an encouraging sign that our numbers and policies are being effective; but even more than that, they are a reminder that our various range of products allow us to serve a diverse membership base – one person at a time”, said Bob McKay, VP and COO.