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217-875-1300
4850 E Prosperity Place
Decatur, IL 62521

Land Of Lincoln Credit Union is headquartered in Decatur and is the 32nd largest credit union in the state of Illinois. It is also the 937th largest credit union in the nation. It was established in 1947 and as of March of 2014, it had grown to 85 employees and 25,849 members. Land Of Lincoln Credit Union's savings rates are 92% higher than the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Must live or work in one of the following counties: Bond, Christian, Clark, Clay, Coles, Crawford, Cumberland, DeWitt, Douglas, Edgar, Effingham, Fayette, Jasper, Lawrence, Macon, McLean, Montgomery, Moultrie, Piatt, Richland, Sangamon or Shelby. Also open to Immediate Family of a Current Member and employees of Premier Partners. - See Details

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

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 Land Of Lincoln Credit Union had $861,000 in non-current loans and owned real-estate with $19.92 million in equity and loan loss allowances on hand to cover it. This gives Land Of Lincoln Credit Union a Texas Ratio of 4.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Land Of Lincoln Credit Union decreased dramatically from 7.31% as of March 31, 2013 to 4.32% as of March 31, 2014, resulting in a positive change of 40.88%.This indicates that the balance sheet and financial strength for Land Of Lincoln Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Land Of Lincoln Credit Union has increased its total deposits by $10.1 million, resulting in 5.97% 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

GRADE:
B

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 $199.42 million in assets with $19.92 million in equity, resulting in a capitalization level of 9.99%, which is above average.

Institution Statistics

Overall
NCUA #63716
Year Chartered1947
Employees85
Primary Regulator
Assets and Liabilities
Assets$199.42 million
Loans$123.48 million
Deposits$179.39 million
Equity Capital$18.42 million
Loan Loss Allowance$1.50 million
Unbacked Noncurrent Loans$846,000
Real Estate Owned$15,000
Historic Data - March 2013
Assets$188.61 million
Equity Capital$17.32 million
Loan Loss Allowance$1.49 million
Unbacked Noncurrent Loans$846,000
Real Estate Owned$21,000
Profit Margin - Quarterly
Return on Assets0.29%
Return on Equity3.15%
Interest Income$1.92 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Land Of Lincoln Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Land Of Lincoln Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%$50-Health Savings Account
0.45%$50-IRA Builder
0.45%$50-Roth IRA Builder
0.10%$25-Regular Shares
0.10%--Christmas Club Account
0.10%--Vacation Club Account

Land Of Lincoln Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-MAXimum Money Market
0.20%$25k-Money Market

Land Of Lincoln Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-Share Draft Plus/Checking
0.10%$500-Horizon Club Checking
0.10%$500-Premier Advantage Checking

Land Of Lincoln Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.30%$50k-1830 Day CD
1.00%$50k-48 Month CD
0.80%$50k-36 Month CD
0.55%$50k-24 Month CD
0.55%$50k-30 Month CD
0.40%$50k-12 Month CD
0.40%$50k-18 Month CD
0.30%$50k-6 Month CD
0.25%$50k-3 Month CD
0.15%$100-12 Month Share Certificate Starter
Locations


Land Of Lincoln Credit Union Locations
Branch Office2890 N Oakland AveDecatur, IL 62526
Branch Office720 Broadway AveMattoon, IL 61938
Branch Office925 New York Dr Suite 4Vandalia, IL 62471
Branch Office151 N 22nd StDecatur, IL 62521
Branch Office3130 E Mound RdDecatur, IL 62526
Branch Office1435 N Water StDecatur, IL 62526
Branch Office206 S Locust StPana, IL 62557
Branch Office2302 S Banker StEffingham, IL 62401