Credit Union 1 (IL)

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

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Credit Union 1 (IL) is headquartered in Rantoul and is the 8^th largest credit union in the state of Illinois. It is also the 294^th 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.

Higher CD Rates at Privately Insured Credit Unions - 8/9/2012

Not all credit unions have deposit insurance that's federally insured. A small number only have private deposit insurance through the company American Share Insurance (ASI). With some ASI-only credit ...

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

Credit Union 1 (IL) Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	Interest Checking

Credit Union 1 (IL) Savings Account Rates

Apy	Min	Max	Product
0.15%	-	-	IRA Savings
0.15%	$50	-	Savings
0.15%	-	-	Roth IRA Savings
0.15%	-	-	CESA Savings

Credit Union 1 (IL) Money Market Rates

	Apy	Min	Max	Product
	0.30%	$50k	-	Money Market Deposit Account

Credit Union 1 (IL) CD Rates

Apy	Min	Max	Product
1.60%	$10k	-	60 Month CD Plus
1.50%	$1k	$10k	60 Month CD
1.35%	$10k	-	48 Month CD Plus
1.25%	$1k	$10k	48 Month CD
1.00%	$10k	-	36 Month CD Plus
0.90%	$1k	$10k	36 Month CD
0.75%	$10k	-	30 Month CD Plus
0.65%	$1k	$10k	30 Month CD
0.65%	$10k	-	24 Month CD Plus
0.55%	$1k	$10k	24 Month CD
0.45%	$10k	-	18 Month CD Plus
0.40%	$10k	-	12 Month CD Plus
0.35%	$1k	$10k	18 Month CD
0.35%	$10k	-	6 Month CD Plus
0.30%	$1k	$10k	12 Month CD
0.25%	$1k	$10k	6 Month CD

Credit Union 1 (IL) IRA Rates

Apy	Min	Max	Product
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	$10k	60 Month IRA
1.70%	$1k	$10k	60 Month Roth IRA
1.70%	$1k	$10k	60 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	$10k	48 Month IRA
1.45%	$1k	$10k	48 Month Roth IRA
1.45%	$1k	$10k	48 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	$10k	36 Month IRA
1.15%	$1k	$10k	36 Month Roth IRA
1.15%	$1k	$10k	36 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	$10k	30 Month IRA
0.90%	$1k	$10k	30 Month Roth IRA
0.90%	$1k	$10k	30 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	$10k	24 Month IRA
0.75%	$1k	$10k	24 Month Roth IRA
0.75%	$1k	$10k	24 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	$10k	18 Month IRA
0.50%	$10k	-	6 Month Roth IRA Plus
0.50%	$1k	$10k	18 Month Roth IRA
0.50%	$10k	-	6 Month CESA Plus
0.50%	$1k	$10k	18 Month CESA
0.45%	$1k	$10k	12 Month IRA
0.45%	$1k	$10k	12 Month Roth IRA
0.45%	$1k	$10k	12 Month CESA
0.40%	$1k	$10k	6 Month IRA
0.40%	$1k	$10k	6 Month Roth IRA
0.40%	$1k	$10k	6 Month CESA

Rates updated: 5/17/2013

Data for Q4 2012

Institution Statistics

CREDIT UNION 1
NCUA #	96069
BankRate Report	View
Year Chartered	1958
Employees	272
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 Margin	5.38%
Return on Assets	0.09%
Return on Equity	1.15%
Interest Income	$23.68 million
Non-Interest Income	$14.01 million

Institution Health

Overall Score:

3 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 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 Trend
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 Growth
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.
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. 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.