Charter 68215 · Elgin, IL
Alero Financial Credit Union
Alero Financial Credit Union is a state-chartered credit union in Elgin, Illinois, with $954 million in assets and 65,426 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.95%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as North Bay Credit Union.
- Total assets
- $954 million
- +14.0% in a year
- Members
- 65,426
- +2.0% in a year
- Net worth ratio
- 11.95%
- Peer median 10.79%
- Loans 60+ days late
- 0.79%
- Peer median 0.67%
- Loans outstanding
- $734 million
- +19.0% in a year
- Shares and deposits
- $823 million
- +20.1% in a year
- Branches
- 15
- 211 employees
- Opened
- 1976
- Illinois charter
How Alero Financial Credit Union compares
NCUA groups credit unions by size; Alero Financial Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.95% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.79%, is higher than the group median of 0.67%. Loans grew 19.0% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 15 of 188 credit unions headquartered in Illinois. See all Illinois credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $954 million | 65,426 | $734 million | 11.95% | 0.79% |
| Q1 2026 | $969 million | 64,970 | $740 million | 11.70% | 0.94% |
| Q4 2025 | $830 million | 61,893 | $626 million | 13.45% | 0.84% |
| Q3 2025 | $840 million | 64,138 | $636 million | 13.19% | 0.64% |
| Q2 2025 | $836 million | 64,138 | $617 million | 13.13% | 0.70% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 849,669 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 16 sites for Alero Financial Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Administrative Office (main office)
2075 Big Timber Rd, Elgin, IL 60123 - Herndon
13075 Worldgate Dr, Herndon, VA 20170 - Towanda
107 Reuter Blvd, Towanda, PA 18848 - Elgin
1950 Big Timber Rd, Elgin, IL 60123 - Burbank
7021 W 79Th St, Burbank, IL 60459 - Crystal Lake
625 Cog Cir Ste C, Crystal Lake, IL 60014 - Bristol
501 Middle St, Bristol, CT 06010 - Warrenville
29W710 Batavia Rd, Warrenville, IL 60555 - Streamwood
305 S Bartlett Rd Ste A, Streamwood, IL 60107 - Mt Carmel
1011 Oak St, Mount Carmel, IL 62863 - Arlington Heights
830 E Kensington Rd, Arlington Heights, IL 60004 - Rolling Meadows
3266 Kirchoff Rd, Rolling Meadows, IL 60008 - Healdsburg
1357 Healdsburg Ave, Healdsburg, CA 95448 - Rohnert Park
101 Golf Course Dr, Rohnert Park, CA 94928 - Santa Rosa
397 Aviation Blvd Ste L, Santa Rosa, CA 95403 - Sonoma
201 Nino Marco Sq, Sonoma, CA 95476
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology