Streator Onized Credit Union

Streator Onized Credit Union is headquartered in Streator and is the 36^th largest credit union in the state of Illinois. It is also the 994^th largest credit union in the nation. It was established in 1940 and as of December of 2011, it had grown to 62 employees and 21,120 members. Streator Onized Credit Union's money market rates are 34% higher than the national average, and it boasts a 5-star health rating.

Streator Onized Credit Union Routing Number: 271989688

Streator Onized Credit Union Savings Account Rates

Streator Onized Credit Union Money Market Rates

Streator Onized Credit Union CD Rates

Streator Onized Credit Union IRA Rates

Data for Q4 2011

Institution Statistics STREATOR ONIZED NCUA # 68226 BankRate Report View Year Chartered 1940 Employees 62 Primary Regulator Assets and Liabilities Assets $162.57 million Loans $106.12 million Deposits $142.54 million Equity Capital $19.45 million Loan Loss Allowance $699,000 Unbacked Noncurrent Loans $292,000 Real Estate Owned $75,000 Historic Data - December 2010 Assets $143.00 million Equity Capital $17.93 million Loan Loss Allowance $639,000 Unbacked Noncurrent Loans $551,000 Real Estate Owned $42,000 Profit Margin - Quarterly Net Interest Margin 5.18% Return on Assets 0.94% Return on Equity 7.83% Interest Income $6.88 million Non-Interest Income $1.80 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 Streator Onized Credit Union had $367,000 in non-current loans and owned real-estate with $20.15 million in equity and loan loss allowances on hand to cover it. This gives Streator Onized Credit Union a Texas Ratio of 1.82% 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 Streator Onized Credit Union decreased significantly from 3.19% as of December 31, 2010 to 1.82% as of December 31, 2011, resulting in a positive change of 42.98%.This indicates that the balance sheet and financial strength for Streator Onized Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Streator Onized Credit Union has increased its total deposits by $17.98 million, resulting in 14.43% 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 Streator Onized 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. Streator Onized Credit Union has $162.57 million in assets with $20.15 million in equity, resulting in a capitalization level of 12.40%, which is excellent.

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