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



CEF Credit Union is headquartered in Peoria and is the 2nd largest credit union in the state of Illinois. It is also the 16st largest credit union in the nation. It was established in 1937 and as of September of 2011, it had grown to 785 employees and 284,203 members. CEF Credit Union has a 4-star health rating.

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CEF Credit Union is offering two competitive long-term CD rates: 3.50% APY for 5 years and 3.25% APY for 4 years. Minimum deposit is $1,000. An extra 0.10% is added for Jumbo certificates with a $100,000 minimum. These rates are listed at the credit...

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

CEF Credit Union Checking Account Rates

ApyMinMaxProduct
0.20%$10k-Dividend Checking

CEF Credit Union Savings Account Rates

ApyMinMaxProduct
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

ApyMinMaxProduct
0.50%$100k-Insured Money Market Account

CEF Credit Union CD Rates

ApyMinMaxProduct
1.70%$100k-5 Year Jumbo Certificate
1.60%$1k$100k5 Year Certificate
1.45%$100k-4 Year Jumbo Certificate
1.35%$1k$100k4 Year Certificate
1.20%$100k-3 Year Jumbo Certificate
1.10%$1k$100k3 Year Certificate
0.95%$100k-2 Year Jumbo Certificate
0.85%$1k$100k2 Year Certificate
0.70%$100k-18 Month Jumbo Certificate
0.60%$1k$100k18 Month Certificate
0.55%$100k-1 Year Jumbo Certificate
0.45%-$1k1 Year My Save Certificate
0.45%$1k$100k1 Year Certificate
0.40%$100k-6 Month Jumbo Certificate
0.30%$1k$100k6 Month Certificate
0.30%$100k-3 Month Jumbo Certificate
0.20%$1k$100k3 Month Certificate

CEF Credit Union IRA Rates

ApyMinMaxProduct
1.70%$100k-5 Year Jumbo IRA
1.60%$500$100k5 Year IRA
1.60%$500-5 Year Roth IRA
1.60%$500-5 Year CESA
1.45%$100k-4 Year Jumbo IRA
1.35%$500$100k4 Year IRA
1.35%$500-4 Year Roth IRA
1.35%$500-4 Year CESA
1.20%$100k-3 Year Jumbo IRA
1.10%$500$100k3 Year IRA
1.10%$500-3 Year Roth IRA
1.10%$500-3 Year CESA
0.95%$100k-2 Year Jumbo IRA
0.85%$500$100k2 Year IRA
0.85%$500-2 Year Roth IRA
0.85%$500-2 Year CESA
0.55%$100k-1 Year Jumbo IRA
0.45%$500$100k1 Year IRA
0.45%$500-1 Year Roth IRA
0.45%$500-1 Year CESA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


CITIZENS EQUITY FIRST
NCUA #68448
BankRate ReportView
Year Established1937
Employees785
Primary Regulator

Assets and Liabilities

Assets$4.54 billion
Loans$3.31 billion
Deposits$4.01 billion
Equity Capital$437.28 million
Loan Loss Allowance$31.85 million
Unbacked Noncurrent Loans$51.96 million
Real Estate Owned$8.19 million

Historic Data - September 2010

Assets$4.41 billion
Equity Capital$415.86 million
Loan Loss Allowance$32.50 million
Unbacked Noncurrent Loans$42.96 million
Real Estate Owned$7.05 million

Profit Margin - Quarterly

Net Interest Margin3.09%
Return on Assets0.9%
Return on Equity9.37%
Interest Income$140.14 million
Non-Interest Income$20.07 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 September 30, 2011 CEF Credit Union had $60.15 million in non-current loans and owned real-estate with $469.12 million in equity and loan loss allowances on hand to cover it. This gives CEF Credit Union a Texas Ratio of 12.82% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for CEF Credit Union held steady from 11.15% as of September 30, 2010 to 12.82% as of September 30, 2011, resulting in a negative change of 14.97%. This indicates that the balance sheet and financial strength for CEF Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, CEF Credit Union has increased its total deposits by $100.98 million, resulting in 2.58% 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.
Capitalization4
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 $4.54 billion in assets with $469.12 million in equity, resulting in a capitalization level of 10.33%, which is above average.
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