P.O. Box 200
Rantoul, IL 61866
800-252-6950
www.creditunion1.org



Credit Union 1 (IL) is headquartered in Rantoul and is the 8th largest credit union in the state of Illinois. It is also the 294th largest credit union in the nation. It was established in 1958 and as of December of 2012, it had grown to 272 employees and 88,368 members. Credit Union 1 (IL) has a 3-star health rating.

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Credit Union 1 (IL) Checking Account Rates

ApyMinMaxProduct
0.05%--Interest Checking

Credit Union 1 (IL) Savings Account Rates

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0.15%--IRA Savings
0.15%$50-Savings
0.15%--Roth IRA Savings
0.15%--CESA Savings

Credit Union 1 (IL) Money Market Rates

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0.30%$50k-Money Market Deposit Account

Credit Union 1 (IL) CD Rates

ApyMinMaxProduct
1.60%$10k-60 Month CD Plus
1.50%$1k$10k60 Month CD
1.35%$10k-48 Month CD Plus
1.25%$1k$10k48 Month CD
1.00%$10k-36 Month CD Plus
0.90%$1k$10k36 Month CD
0.75%$10k-30 Month CD Plus
0.65%$1k$10k30 Month CD
0.65%$10k-24 Month CD Plus
0.55%$1k$10k24 Month CD
0.45%$10k-18 Month CD Plus
0.40%$10k-12 Month CD Plus
0.35%$1k$10k18 Month CD
0.35%$10k-6 Month CD Plus
0.30%$1k$10k12 Month CD
0.25%$1k$10k6 Month CD

Credit Union 1 (IL) IRA Rates

ApyMinMaxProduct
1.80%$10k-60 Month IRA Plus
1.80%$10k-60 Month Roth IRA Plus
1.80%$10k-60 Month CESA Plus
1.70%$1k$10k60 Month IRA
1.70%$1k$10k60 Month Roth IRA
1.70%$1k$10k60 Month CESA
1.55%$10k-48 Month IRA Plus
1.55%$10k-48 Month Roth IRA Plus
1.55%$10k-48 Month CESA Plus
1.45%$1k$10k48 Month IRA
1.45%$1k$10k48 Month Roth IRA
1.45%$1k$10k48 Month CESA
1.25%$10k-36 Month IRA Plus
1.25%$10k-36 Month Roth IRA Plus
1.25%$10k-36 Month CESA Plus
1.15%$1k$10k36 Month IRA
1.15%$1k$10k36 Month Roth IRA
1.15%$1k$10k36 Month CESA
1.00%$10k-30 Month IRA Plus
1.00%$10k-30 Month Roth IRA Plus
1.00%$10k-30 Month CESA Plus
0.90%$1k$10k30 Month IRA
0.90%$1k$10k30 Month Roth IRA
0.90%$1k$10k30 Month CESA
0.85%$10k-24 Month IRA Plus
0.85%$10k-24 Month Roth IRA Plus
0.85%$10k-24 Month CESA Plus
0.75%$1k$10k24 Month IRA
0.75%$1k$10k24 Month Roth IRA
0.75%$1k$10k24 Month CESA
0.60%$10k-18 Month IRA Plus
0.60%$10k-18 Month Roth IRA Plus
0.60%$10k-18 Month CESA Plus
0.55%$10k-12 Month IRA Plus
0.55%$10k-12 Month Roth IRA Plus
0.55%$10k-12 Month CESA Plus
0.50%$10k-6 Month IRA Plus
0.50%$1k$10k18 Month IRA
0.50%$10k-6 Month Roth IRA Plus
0.50%$1k$10k18 Month Roth IRA
0.50%$10k-6 Month CESA Plus
0.50%$1k$10k18 Month CESA
0.45%$1k$10k12 Month IRA
0.45%$1k$10k12 Month Roth IRA
0.45%$1k$10k12 Month CESA
0.40%$1k$10k6 Month IRA
0.40%$1k$10k6 Month Roth IRA
0.40%$1k$10k6 Month CESA

Rates updated: 5/17/2013

Data for Q4 2012


Institution Statistics


CREDIT UNION 1
NCUA #96069
BankRate ReportView
Year Chartered1958
Employees272
Primary Regulator

Assets and Liabilities

Assets$728.88 million
Loans$380.03 million
Deposits$667.57 million
Equity Capital$56.74 million
Loan Loss Allowance$4.82 million
Unbacked Noncurrent Loans$14.24 million
Real Estate Owned$7.21 million

Historic Data - December 2011

Assets$644.40 million
Equity Capital$56.08 million
Loan Loss Allowance$4.22 million
Unbacked Noncurrent Loans$23.09 million
Real Estate Owned$6.00 million

Profit Margin - Quarterly

Net Interest Margin5.38%
Return on Assets0.09%
Return on Equity1.15%
Interest Income$23.68 million
Non-Interest Income$14.01 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 Credit Union 1 (IL) had $21.45 million in non-current loans and owned real-estate with $61.56 million in equity and loan loss allowances on hand to cover it. This gives Credit Union 1 (IL) a Texas Ratio of 34.84% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Credit Union 1 (IL) decreased slightly from 48.25% as of December 31, 2011 to 34.84% as of December 31, 2012, resulting in a positive change of 27.80%.This indicates that the balance sheet and financial strength for Credit Union 1 (IL) has improved slightly in recent periods.
Deposit Growth5
In the past year, Credit Union 1 (IL) has increased its total deposits by $83.63 million, resulting in 14.32% 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 Credit Union 1 (IL) has shown is excellent.
Capitalization3
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. Credit Union 1 (IL) has $728.88 million in assets with $61.56 million in equity, resulting in a capitalization level of 8.45%, which is average.
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