Illinois State Police Credit Union

Illinois State Police Credit Union Locations
730 Engineering Ave
Springfield, IL 62703
www.ispfcu.org

Illinois State Police Credit Union is headquartered in SPRINGFIELD and is the 51st largest credit union in the state of Illinois. It is also the 1,663rd largest credit union in the nation. It was established in 1966 and as of December of 2011, it had grown to 21 employees and 9,077 members. Illinois State Police Credit Union's CD rates are 28% higher than the national average, and it boasts a 5-star health rating.



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

Illinois State Police Credit Union Checking Account Rates

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0.10%$100-Heritage Checking Account
0.10%$100-Student Checking

Illinois State Police Credit Union Savings Account Rates

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0.40%--IRA Regular Shares Account
0.40%--Health Savings Account
0.25%--Regular Shares Account
0.25%--Christmas Club Account

Illinois State Police Credit Union Money Market Rates

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0.25%$5k-Money Market Checking Account
0.25%$10k-Money Market Savings Account

Illinois State Police Credit Union CD Rates

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1.55%$500-48 Month PFI Member Conventional Share Certificate
1.30%$500-48 Month Conventional Share Certificate
1.30%$50-24 Month PFI Member Student Growth Share Certificate
1.30%$500-36 Month PFI Member Conventional Share Certificate
1.30%$500-48 Month PFI Member Growth Share Certificate
1.25%$50-18 Month PFI Member Student Growth Share Certificate
1.15%$50-12 Month PFI Member Student Growth Share Certificate
1.05%$500-36 Month Conventional Share Certificate
1.05%$500-48 Month Growth Share Certificate
1.05%$50-24 Month Student Growth Share Certificate
1.05%$50-6 Month PFI Member Student Growth Share Certificate
1.05%$500-36 Month PFI Member Growth Share Certificate
1.05%$500-48 Month PFI Member One Time Withdrawal Share Certificate
1.00%$50-18 Month Student Growth Share Certificate
0.90%$50-12 Month Student Growth Share Certificate
0.80%$500-36 Month Growth Share Certificate
0.80%$500-48 Month One Time Withdrawal Share Certificate
0.80%$50-6 Month Student Growth Share Certificate
0.80%$500-24 Month PFI Member Conventional Share Certificate
0.80%$500-36 Month PFI Member One Time Withdrawal Share Certificate
0.55%$500-24 Month Conventional Share Certificate
0.55%$500-36 Month One Time Withdrawal Share Certificate
0.55%$500-24 Month PFI Member Growth Share Certificate
0.35%$500-12 Month PFI Member Conventional Share Certificate
0.30%$500-24 Month Growth Share Certificate
0.30%$500-24 Month PFI Member One Time Withdrawal Share Certificate
0.10%$500-12 Month Conventional Share Certificate
0.05%$500-24 Month One Time Withdrawal Share Certificate

Illinois State Police Credit Union IRA Rates

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1.70%$500-48 Month PFI Member Education IRA Share Certificate
1.70%$500-48 Month PFI Member IRA Share Certificate
1.70%$500-48 Month PFI Member Roth IRA Share Certificate
1.45%$500-48 Month IRA Share Certificate
1.45%$500-48 Month Education IRA Share Certificate
1.45%$500-48 Month Roth IRA Share Certificate
1.45%$500-36 Month PFI Member Education IRA Share Certificate
1.45%$500-36 Month PFI Member IRA Share Certificate
1.45%$500-36 Month PFI Member Roth IRA Share Certificate
1.45%$500-48 Month PFI Member Education IRA Growth Share Certificate
1.45%$500-48 Month PFI Member IRA Growth Share Certificate
1.45%$500-48 Month PFI Member Roth IRA Growth Share Certificate
1.20%$500-36 Month IRA Share Certificate
1.20%$500-36 Month Education IRA Share Certificate
1.20%$500-36 Month Roth IRA Share Certificate
1.20%$500-48 Month Education IRA Growth Share Certificate
1.20%$500-48 Month IRA Growth Share Certificate
1.20%$500-48 Month Roth IRA Growth Share Certificate
1.20%$500-36 Month PFI Member Education IRA Growth Share Certificate
1.20%$500-36 Month PFI Member IRA Growth Share Certificate
1.20%$500-36 Month PFI Member Roth IRA Growth Share Certificate
0.95%$500-36 Month Education IRA Growth Share Certificate
0.95%$500-36 Month IRA Growth Share Certificate
0.95%$500-36 Month Roth IRA Growth Share Certificate
0.95%$500-24 Month PFI Member Education IRA Share Certificate
0.95%$500-24 Month PFI Member IRA Share Certificate
0.95%$500-24 Month PFI Member Roth IRA Share Certificate
0.70%$500-24 Month IRA Share Certificate
0.70%$500-24 Month Education IRA Share Certificate
0.70%$500-24 Month Roth IRA Share Certificate
0.70%$500-24 Month PFI Member Education IRA Growth Share Certificate
0.70%$500-24 Month PFI Member IRA Growth Share Certificate
0.70%$500-24 Month PFI Member Roth IRA Growth Share Certificate
0.50%$500-12 Mont PFI Member Education IRA Share Certificate
0.50%$500-12 Month PFI Member IRA Share Certificate
0.50%$500-12 Month PFI Member Roth IRA Share Certificate
0.45%$500-24 Month Education IRA Growth Share Certificate
0.45%$500-24 Month IRA Growth Share Certificate
0.45%$500-24 Month Roth IRA Growth Share Certificate
0.25%$500-12 Month IRA Share Certificate
0.25%$500-12 Month Education IRA Share Certificate
0.25%$500-12 Month Roth IRA Share Certificate
0.25%$500-12 Month PFI Member Education IRA Growth Share Certificate
0.25%$500-12 Month PFI Member IRA Growth Share Certificate
0.25%$500-12 Month PFI Member Roth IRA Growth Share Certificate
0.00%$500-12 Month Education IRA Growth Share Certificate
0.00%$500-12 Month IRA Growth Share Certificate
0.00%$500-12 Month Roth IRA Growth Share Certificate

Rates updated: 5/26/2012 * Not all products updated

Data for Q4 2011


Institution Statistics


ILLINOIS STATE POLICE
NCUA #17335
BankRate ReportView
Year Chartered1966
Employees21
Primary Regulator

Assets and Liabilities

Assets$79.46 million
Loans$45.66 million
Deposits$73.12 million
Equity Capital$6.10 million
Loan Loss Allowance$299,000
Unbacked Noncurrent Loans$127,000
Real Estate Owned$25,000

Historic Data - December 2010

Assets$77.03 million
Equity Capital$6.08 million
Loan Loss Allowance$236,000
Unbacked Noncurrent Loans$385,000
Real Estate Owned$229,000

Profit Margin - Quarterly

Net Interest Margin4.14%
Return on Assets0.27%
Return on Equity3.49%
Interest Income$2.66 million
Non-Interest Income$1.06 million

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 Illinois State Police Credit Union had $152,000 in non-current loans and owned real-estate with $6.39 million in equity and loan loss allowances on hand to cover it. This gives Illinois State Police Credit Union a Texas Ratio of 2.38% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Illinois State Police Credit Union decreased significantly from 9.72% as of December 31, 2010 to 2.38% as of December 31, 2011, resulting in a positive change of 75.55%.This indicates that the balance sheet and financial strength for Illinois State Police Credit Union has improved significantly in recent periods.
Deposit Growth4
In the past year, Illinois State Police Credit Union has increased its total deposits by $2.5 million, resulting in 3.54% 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 Illinois State Police Credit Union has shown is above average.
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. Illinois State Police Credit Union has $79.46 million in assets with $6.39 million in equity, resulting in a capitalization level of 8.05%, which is average.
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