CEF Credit Union

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

NCUA

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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 18^st largest credit union in the nation. It was established in 1937 and as of December of 2012, it had grown to 778 employees and 293,092 members. CEF Credit Union has a 4-star health rating.

$75 Checking Bonus At CEFCU In Parts Of IL & CA (Forum) - 8/3/2012

CEFCU has a checking account promotion in which you can earn up to $75: 1) $50 Visa Gift card for opening a qualifying checking account by 9/30/2012 and completing a few requirements. See this CEFCU promo page for details 2) $25 for opening new Bill Pay

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 ...

2010

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

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
	0.10%	$2,500	-	Dividend Checking

CEF Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	-	-	Savings Account
0.15%	-	-	Holiday Saver Account
0.15%	-	-	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
	0.25%	$100k	-	Insured Money Market Account

CEF Credit Union CD Rates

Apy	Min	Max	Product
1.25%	$100k	-	5 Year Jumbo Certificate
1.20%	$1k	$100k	5 Year Certificate
1.00%	$100k	-	4 Year Jumbo Certificate
0.95%	$1k	$100k	4 Year Certificate
0.80%	$100k	-	3 Year Jumbo Certificate
0.75%	$1k	$100k	3 Year Certificate
0.60%	$100k	-	2 Year Jumbo Certificate
0.55%	$1k	$100k	2 Year Certificate
0.50%	$100k	-	18 Month Jumbo Certificate
0.45%	$1k	$100k	18 Month Certificate
0.40%	$100k	-	1 Year Jumbo Certificate
0.35%	-	$1k	1 Year My Save Certificate
0.35%	$1k	$100k	1 Year Certificate
0.30%	$100k	-	6 Month Jumbo Certificate
0.25%	$1k	$100k	6 Month Certificate
0.25%	$100k	-	3 Month Jumbo Certificate
0.20%	$1k	$100k	3 Month Certificate

CEF Credit Union IRA Rates

Apy	Min	Max	Product
1.25%	$100k	-	5 Year Jumbo IRA
1.20%	$500	$100k	5 Year IRA
1.20%	$500	-	5 Year Roth IRA
1.20%	$500	-	5 Year CESA
1.00%	$100k	-	4 Year Jumbo IRA
0.95%	$500	$100k	4 Year IRA
0.95%	$500	-	4 Year Roth IRA
0.95%	$500	-	4 Year CESA
0.80%	$100k	-	3 Year Jumbo IRA
0.75%	$500	$100k	3 Year IRA
0.75%	$500	-	3 Year Roth IRA
0.75%	$500	-	3 Year CESA
0.60%	$100k	-	2 Year Jumbo IRA
0.55%	$500	$100k	2 Year IRA
0.55%	$500	-	2 Year Roth IRA
0.55%	$500	-	2 Year CESA
0.40%	$100k	-	1 Year Jumbo IRA
0.35%	$500	$100k	1 Year IRA
0.35%	$500	-	1 Year Roth IRA
0.35%	$500	-	1 Year CESA

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

CITIZENS EQUITY FIRST
NCUA #	68448
BankRate Report	View
Year Chartered	1937
Employees	778
Primary Regulator
Assets and Liabilities
Assets	$4.79 billion
Loans	$3.36 billion
Deposits	$4.22 billion
Equity Capital	$459.13 million
Loan Loss Allowance	$31.69 million
Unbacked Noncurrent Loans	$42.31 million
Real Estate Owned	$9.76 million
Historic Data - December 2011
Assets	$4.59 billion
Equity Capital	$442.84 million
Loan Loss Allowance	$33.15 million
Unbacked Noncurrent Loans	$51.18 million
Real Estate Owned	$8.94 million
Profit Margin - Quarterly
Net Interest Margin	3.79%
Return on Assets	0.8%
Return on Equity	8.31%
Interest Income	$172.06 million
Non-Interest Income	$30.28 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, 2012 CEF Credit Union had $52.07 million in non-current loans and owned real-estate with $490.82 million in equity and loan loss allowances on hand to cover it. This gives CEF Credit Union a Texas Ratio of 10.61% 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 decreased slightly from 12.63% as of December 31, 2011 to 10.61% as of December 31, 2012, resulting in a positive change of 16.00%.This indicates that the balance sheet and financial strength for CEF Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, CEF Credit Union has increased its total deposits by $171.08 million, resulting in 4.23% 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 $4.79 billion in assets with $490.82 million in equity, resulting in a capitalization level of 10.24%, which is above average.

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