CEF Credit Union

5401 W. Dirksen Parkway
Peoria, IL 61607
309-633-7000
www.cefcu.com

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CEF Credit Union is headquartered in Peoria and is the 2^nd largest credit union in the state of Illinois. It is also the 17^st largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 788 employees and 285,834 members. CEF Credit Union has a 4-star health rating.

More Publicity on CEFCU's CD Early Withdrawal Penalty Change - 2/14/2012

I first mentioned on how the large Illinois credit union, CEFCU, decided to raise the early withdrawal penalty on existing CDs in this January 20th post . This action by CEFCU is getting more notoriet ...

Another Credit Union Increases Early Withdrawal Penalty on Existing CDs - 1/20/2012

A reader recently informed me that his credit union, CEFCU , sent out letters with a change-in-terms notice informing members that certificate early withdrawal penalties would increase effective March ...

Top Long-Term CD Rates at CEF Credit Union in IL & CA - Local Only - 4/28/2010

CEF Credit Union continues to offer competitive long-term CD rates. For regular certificates these include a 3.15% APY 60-month CD, a 3.00% APY 48-month CD and a 2.60% APY 36-month CD. Minimum deposi ...

Great Place To Put Your Money (Forum) - 2/4/2010

Great place to put your money. The paid extraordinary dividend based on your cd account.

2009

2007

8/9 - 5.55% 5-Month CD at an Illinois Credit Union (CEFCU)

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See Rates for: Checking | Savings | Money Market | CD | IRA

CEF Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.20%	$10k	-	Dividend Checking

CEF Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	$10k	-	Savings Account
0.25%	$10k	-	Holiday Saver Account
0.25%	$10k	-	My Use Account
0.15%	-	-	Education IRA Daily Account
0.15%	-	-	Roth IRA Daily Account
0.15%	-	-	Traditional IRA Daily Account

CEF Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.40%	$100k	-	Insured Money Market Account

CEF Credit Union CD Rates

Apy	Min	Max	Product
1.65%	$100k	-	5 Year Jumbo Certificate
1.55%	$1k	$100k	5 Year Certificate
1.40%	$100k	-	4 Year Jumbo Certificate
1.30%	$1k	$100k	4 Year Certificate
1.15%	$100k	-	3 Year Jumbo Certificate
1.05%	$1k	$100k	3 Year Certificate
0.90%	$100k	-	2 Year Jumbo Certificate
0.80%	$1k	$100k	2 Year Certificate
0.70%	$100k	-	18 Month Jumbo Certificate
0.60%	$1k	$100k	18 Month Certificate
0.55%	$100k	-	1 Year Jumbo Certificate
0.45%	-	$1k	1 Year My Save Certificate
0.45%	$1k	$100k	1 Year Certificate
0.40%	$100k	-	6 Month Jumbo Certificate
0.30%	$1k	$100k	6 Month Certificate
0.30%	$100k	-	3 Month Jumbo Certificate
0.20%	$1k	$100k	3 Month Certificate

CEF Credit Union IRA Rates

Apy	Min	Max	Product
1.65%	$100k	-	5 Year Jumbo IRA
1.55%	$500	$100k	5 Year IRA
1.55%	$500	-	5 Year Roth IRA
1.55%	$500	-	5 Year CESA
1.40%	$100k	-	4 Year Jumbo IRA
1.30%	$500	$100k	4 Year IRA
1.30%	$500	-	4 Year Roth IRA
1.30%	$500	-	4 Year CESA
1.15%	$100k	-	3 Year Jumbo IRA
1.05%	$500	$100k	3 Year IRA
1.05%	$500	-	3 Year Roth IRA
1.05%	$500	-	3 Year CESA
0.90%	$100k	-	2 Year Jumbo IRA
0.80%	$500	$100k	2 Year IRA
0.80%	$500	-	2 Year Roth IRA
0.80%	$500	-	2 Year CESA
0.55%	$100k	-	1 Year Jumbo IRA
0.45%	$500	$100k	1 Year IRA
0.45%	$500	-	1 Year Roth IRA
0.45%	$500	-	1 Year CESA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

CITIZENS EQUITY FIRST
NCUA #	68448
BankRate Report	View
Year Chartered	1937
Employees	788
Primary Regulator
Assets and Liabilities
Assets	$4.59 billion
Loans	$3.32 billion
Deposits	$4.05 billion
Equity Capital	$442.84 million
Loan Loss Allowance	$33.15 million
Unbacked Noncurrent Loans	$51.18 million
Real Estate Owned	$8.94 million
Historic Data - December 2010
Assets	$4.43 billion
Equity Capital	$422.85 million
Loan Loss Allowance	$33.00 million
Unbacked Noncurrent Loans	$43.43 million
Real Estate Owned	$6.32 million
Profit Margin - Quarterly
Net Interest Margin	3.96%
Return on Assets	0.79%
Return on Equity	8.16%
Interest Income	$185.98 million
Non-Interest Income	$27.24 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 CEF Credit Union had $60.12 million in non-current loans and owned real-estate with $475.98 million in equity and loan loss allowances on hand to cover it. This gives CEF Credit Union a Texas Ratio of 12.63% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for CEF Credit Union held steady from 10.91% as of December 31, 2010 to 12.63% as of December 31, 2011, resulting in a negative change of 15.72%. This indicates that the balance sheet and financial strength for CEF Credit Union has held steady in recent periods.
Deposit Growth
In the past year, CEF Credit Union has increased its total deposits by $124.56 million, resulting in 3.17% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth CEF Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. CEF Credit Union has $4.59 billion in assets with $475.98 million in equity, resulting in a capitalization level of 10.37%, which is above average.