Land Of Lincoln Credit Union

Land Of Lincoln Credit Union is headquartered in Decatur and is the 37^th largest credit union in the state of Illinois. It is also the 1,016^st largest credit union in the nation. It was established in 1947 and as of December of 2011, it had grown to 74 employees and 23,238 members. Land Of Lincoln Credit Union's savings rates are 8X the national average, and it boasts a 5-star health rating.

Related Posts

Land Of Lincoln Credit Union Checking Account Rates

Land Of Lincoln Credit Union Savings Account Rates

Land Of Lincoln Credit Union Money Market Rates

Land Of Lincoln Credit Union CD Rates

Data for Q4 2011

Institution Statistics LAND OF LINCOLN NCUA # 63716 BankRate Report View Year Chartered 1947 Employees 74 Primary Regulator Assets and Liabilities Assets $158.20 million Loans $113.15 million Deposits $142.26 million Equity Capital $14.48 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $1.21 million Historic Data - December 2010 Assets $144.03 million Equity Capital $12.41 million Loan Loss Allowance $1.12 million Unbacked Noncurrent Loans $960,000 Real Estate Owned $30,000 Profit Margin - Quarterly Net Interest Margin 5.76% Return on Assets 1.31% Return on Equity 14.31% Interest Income $7.70 million Non-Interest Income $4.53 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 Land Of Lincoln Credit Union had $1.21 million in non-current loans and owned real-estate with $15.77 million in equity and loan loss allowances on hand to cover it. This gives Land Of Lincoln Credit Union a Texas Ratio of 7.67% 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 Land Of Lincoln Credit Union held steady from 7.32% as of December 31, 2010 to 7.67% as of December 31, 2011, resulting in a negative change of 4.77%. This indicates that the balance sheet and financial strength for Land Of Lincoln Credit Union has held steady in recent periods. Deposit Growth In the past year, Land Of Lincoln Credit Union has increased its total deposits by $11.74 million, resulting in 8.99% 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 Land Of Lincoln Credit Union 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. Land Of Lincoln Credit Union has $158.2 million in assets with $15.77 million in equity, resulting in a capitalization level of 9.97%, which is average.

No reviews have been left for this bank yet. Be the first to review.