Chicago Lee Credit Union

Chicago Lee Credit Union Locations
2223 S. Wentworth Ave, 2nd Floor
Chicago, IL 60616



Chicago Lee Credit Union is headquartered in Chicago and is the 370th largest credit union in the state of Illinois. It is also the 7,238th largest credit union in the nation. It was established in 1965 and as of December of 2011, it had grown to employees and 1 members. Chicago Lee Credit Union has a 5-star health rating.


Data for Q4 2011


Institution Statistics


CHICAGO LEE
NCUA #16836
BankRate ReportView
Year Chartered1965
Employees0
Primary Regulator

Assets and Liabilities

Assets$1,000
Equity Capital$1,000

Historic Data - December 2010

Assets$449,000
Equity Capital$126,000

Profit Margin - Quarterly

Net Interest Margin0%
Return on Assets-12,600%
Return on Equity-12,600%

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Chicago Lee Credit Union had $0 in non-current loans and owned real-estate with $1,000 in equity and loan loss allowances on hand to cover it. This gives Chicago Lee Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Capitalization5
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. Chicago Lee Credit Union has $1,000 in assets with $1,000 in equity, resulting in a capitalization level of 100.00%, which is excellent.
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