Land Of Lincoln Credit Union

Land Of Lincoln Credit Union Locations
2890 N Oakland Ave
Decatur, IL 62526
217-875-1300
www.llcu.org



Land Of Lincoln Credit Union is headquartered in Decatur and is the 37th largest credit union in the state of Illinois. It is also the 1,016st 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.

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6.00% 10-Month CD at an Illinois CU - $20K Max (Land of Lincoln) - 4/2/2007

Land of Lincoln Credit Union is offering a special 6.00% APY 10-month share certificate. The minimum deposit is $1,000 and the maximum is $20,000 per account. It requires either a new or existing checking account with direct deposit.Field of membership...



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

Land Of Lincoln Credit Union Checking Account Rates

ApyMinMaxProduct
0.15%$500-Share Draft Plus/Checking
0.15%$500-Horizon Club Checking
0.15%$500-Premier Advantage Checking
0.00%--Free Checking

Land Of Lincoln Credit Union Savings Account Rates

ApyMinMaxProduct
4.00%$50-Health Savings Account
1.25%$50-IRA Builder
1.25%$50-Roth IRA Builder
0.25%$2,500-Regular Shares
0.25%--Christmas Club Account
0.25%--Vacation Club Account

Land Of Lincoln Credit Union Money Market Rates

ApyMinMaxProduct
0.55%$100k-MAXimum Money Market
0.45%$25k-Money Market

Land Of Lincoln Credit Union CD Rates

ApyMinMaxProduct
1.90%$50k-1830 Day CD
1.60%$50k-48 Month CD
1.15%$50k-36 Month CD
0.80%$50k-24 Month CD
0.80%$50k-30 Month CD
0.55%$50k-12 Month CD
0.55%$50k-18 Month CD
0.35%$50k-6 Month CD
0.25%$50k-3 Month CD
0.25%$100-12 Month Share Certificate Starter

Rates updated: 5/25/2012

Data for Q4 2011


Institution Statistics


LAND OF LINCOLN
NCUA #63716
BankRate ReportView
Year Chartered1947
Employees74
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 Margin5.76%
Return on Assets1.31%
Return on Equity14.31%
Interest Income$7.70 million
Non-Interest Income$4.53 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 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 Trend3
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 Growth5
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.
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. 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.
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