1. Charles Schwab

    1. Charles Schwab

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    Peoria, IL

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    Charles Schwab

    5.0 (1 review)
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    Services - Charles Schwab

    Investment management

    Retirement planning

    Personal banking

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    CEFCU

    CEFCU

    1.6
    (16 reviews)

    CEFCU is a great bank. Seriously, it's great. We've gotten a couple of major loans here, and the…read moreprocess was fairly easy, and the rates good. We earn a little bit of interest on our savings. The online banking system and bill pay are great. Everyone here is really friendly! Sounds like five stars, right? And it would be. Except going to a teller is literally slower than any other bank I have ever been to in my life. No matter how many windows are open, I expect to wait at least a full minute for every person in front of me. Every time. It doesn't matter who I go to, what time of day. Last time I went, I was the 8th person in line, and I waited for over ten minutes to deposit a check. By the time I got called to a teller, there were 15 people in line behind me. I hope that they found someone to open another window after I left, but they certainly didn't while I was there. And that's really how it is every time. Even if I don't have to wait in line, the simple act of depositing a check is slower than at other banks. But really, CEFCU is awesome. If you never have to go to a teller, your experience will probably be 100% awesome. But I find the slowness so irritating it literally takes the rating down from 5 stars to 3 for me.

    My partner (Lynne Maher & I both continue to be CEFCU customers. CEFCU did EVENTUALLY take care of…read morethe credit card balance. However, not before sending a letter stating the payment was $10 past due & further privileges to use the account & late fees would accumulate if past due amount wasn't paid. Then loan was taken care of. Sent another statement showing close to $4 still due. Had to call to ask. Said it showed $0 balance. Asked for letter to be sent about credit card being paid off & improperly charged weekly $50 amounts after being turned in & CEFCU not shutting card off. NEVER WAS SENT LETTER. ALSO,have had problems with payment of consolidation loan monthly payments by Lynne. In at least one instance teller failed to deposit into checking so it'd be available for automatic transfer. In the end her automatic transfer has now been terminated by CEFCU. Both of us have accounts at another local community bank. That bank is much easier to work with & gets to know it's customers. I now have my automatic deposit going there...not CEFCU.

    Charles Schwab - investing - Updated July 2026

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