Kane County Teachers Credit Union

Kane County Teachers Credit Union Locations

111 South Hawthorne
Elgin, IL 60123
1-888-741-3344
www.kctcu.org

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Kane County Teachers Credit Union is headquartered in Elgin and is the 34^th largest credit union in the state of Illinois. It is also the 976^th largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 42 employees and 17,430 members. Kane County Teachers Credit Union has a 5-star health rating.

4.44% 18-Month / 4.44% 60-Month CD at an Illinois CU (Kane County Teachers). - 2/26/2008

Update 3/8/08: The CD rates have fallen. Please check the credit union's website for the latest rates.Kane County Teachers Credit Union has some competitive certificate rates. These include a 4.44% APY CD for terms of 18 to 60 months. The one year CD has...

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

Kane County Teachers Credit Union Checking Account Rates

Apy	Min	Max	Product
0.70%	-	$2,500	ecoChecking
0.05%	-	-	Basic Checking

Kane County Teachers Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	-	-	Primary Share
0.15%	-	-	2nd Savings
0.15%	-	-	3rd Savings
0.15%	-	-	Travel Club
0.15%	-	-	Christmas Club

Kane County Teachers Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.35%	$100k	-	Money Market

Kane County Teachers Credit Union CD Rates

Apy	Min	Max	Product
1.06%	$500	-	60 Month CD
0.75%	$500	-	48 Month CD
0.55%	$500	-	36 Month CD
0.40%	$500	-	24 Month CD
0.35%	$500	-	18 Month CD
0.30%	$500	-	1 Year CD
0.20%	$500	-	90 Day CD
0.20%	$500	-	6 Month CD

Kane County Teachers Credit Union IRA Rates

Apy	Min	Max	Product
1.06%	$500	-	60 Month IRA
0.75%	$500	-	48 Month IRA
0.55%	$500	-	36 Month IRA
0.40%	$500	-	24 Month IRA
0.35%	$500	-	18 Month IRA
0.30%	$500	-	1 Year IRA
0.20%	$500	-	90 Day IRA
0.20%	$500	-	6 Month IRA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

KANE COUNTY TEACHERS
NCUA #	95015
BankRate Report	View
Year Chartered	1937
Employees	42
Primary Regulator
Assets and Liabilities
Assets	$166.91 million
Loans	$44.22 million
Deposits	$143.56 million
Equity Capital	$22.63 million
Loan Loss Allowance	$990,000
Unbacked Noncurrent Loans	$788,000
Historic Data - December 2010
Assets	$161.31 million
Equity Capital	$22.59 million
Loan Loss Allowance	$732,000
Unbacked Noncurrent Loans	$260,000
Profit Margin - Quarterly
Net Interest Margin	5.62%
Return on Assets	0.03%
Return on Equity	0.25%
Interest Income	$4.90 million
Non-Interest Income	$1.70 million

Institution Health

Overall Score:

5 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, 2011 Kane County Teachers Credit Union had $788,000 in non-current loans and owned real-estate with $23.62 million in equity and loan loss allowances on hand to cover it. This gives Kane County Teachers Credit Union a Texas Ratio of 3.34% 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 Kane County Teachers Credit Union held steady from 1.12% as of December 31, 2010 to 3.34% as of December 31, 2011, resulting in a negative change of 199.15%. This indicates that the balance sheet and financial strength for Kane County Teachers Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Kane County Teachers Credit Union has increased its total deposits by $5.66 million, resulting in 4.11% 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 Kane County Teachers Credit Union has shown is above average.
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. Kane County Teachers Credit Union has $166.91 million in assets with $23.62 million in equity, resulting in a capitalization level of 14.15%, which is excellent.