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Overview / Commentary
3970 Maryville Rd
Granite City, IL 62040-4179

GCS Credit Union is headquartered in Granite City and is the 19st largest credit union in the state of Illinois. It is also the 661st largest credit union in the nation. It was established in 1941 and as of March of 2014, it had grown to 109 employees and 40,872 members. GCS Credit Union's savings rates are 54% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must live, work, worship or go to school in Madison or St. Clair County - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 GCS Credit Union had $846,000 in non-current loans and owned real-estate with $36.76 million in equity and loan loss allowances on hand to cover it. This gives GCS Credit Union a Texas Ratio of 2.30% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for GCS Credit Union experienced no significant changes from 2.34% as of March 31, 2013 to 2.30% as of March 31, 2014, resulting in a positive change of 1.54%.This indicates that the balance sheet and financial strength for GCS Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, GCS Credit Union has increased its total deposits by $2.23 million, resulting in 0.78% 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 GCS Credit Union has shown is above average.



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. GCS Credit Union has $323.3 million in assets with $36.76 million in equity, resulting in a capitalization level of 11.37%, which is excellent.

Institution Statistics

NCUA #68623
Year Chartered1941
Primary Regulator
Assets and Liabilities
Assets$323.30 million
Loans$252.16 million
Deposits$287.03 million
Equity Capital$34.90 million
Loan Loss Allowance$1.86 million
Unbacked Noncurrent Loans$812,000
Real Estate Owned$34,000
Historic Data - March 2013
Assets$321.46 million
Equity Capital$35.05 million
Loan Loss Allowance$1.78 million
Unbacked Noncurrent Loans$812,000
Real Estate Owned$46,000
Profit Margin - Quarterly
Net Interest Margin1.02%
Return on Assets0.13%
Return on Equity1.21%
Interest Income$3.00 million
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GCS Credit Union Savings Account Rates

0.80%$100k-IRA Share Account
0.20%$5k-Share Account
0.10%--Christmas Club

GCS Credit Union Money Market Rates

0.35%$100k-Money Market Account

GCS Credit Union CD Rates

1.26%$1k-60 Month Share Certificate
1.05%$1k-48 Month Share Certificate
0.80%$1k-36 Month Share Certificate
0.60%$1k-33 Month Share Certificate
0.50%$1k-24 Month Share Certificate
0.50%$1k-30 Month Share Certificate
0.50%$1k-27 Month Share Certificate
0.45%$1k-21 Month Share Certificate
0.35%$1k-18 Month Share Certificate
0.30%$1k-15 Month Share Certificate
0.25%$1k-12 Month Share Certificate
0.25%$250-12 Month Youth Share Certificate
0.20%$1k-6 Month Share Certificate
0.20%$1k-9 Month Share Certificate
0.20%$250-6 Month Youth Share Certificate
0.20%$250-9 Month Youth Share Certificate

GCS Credit Union IRA Rates

1.26%$1k-60 Month IRA Share Certificate
1.05%$1k-48 Month IRA Share Certificate
0.80%$1k-36 Month IRA Share Certificate
0.50%$1k-24 Month IRA Share Certificate

GCS Credit Union Locations
Branch Office2001 Lee AveGranite City, IL 62040-5325
Branch Office3970 Maryville RdGranite City, IL 62040-4179
Branch Office1502 Vandalia StCollinsville, IL 62234-4457
Branch Office1119 S Lincoln AveO Fallon, IL 622692694
Branch Office4101 State Route 111Granite City, IL 62040-4306
Branch Office1833 3rd StMadison, IL 62060-1511
Branch Office6707 Goshen RdEdwardsville, IL 62025-7707