Abbott Laboratories Employee Credit Union
Overview / Commentary
Abbott Laboratories Employee Credit Union is headquartered in Gurnee and is the 12th largest credit union in the state of Illinois. It is also the 394th largest credit union in the nation. It was established in 1990 and as of December of 2019, it had grown to 107 employees and 30,381 members at 8 locations. Abbott Laboratories Employee Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Abbott Laboratories Employees Credit Union is open to the current and retired employees of Abbott and AbbVie and their families.
See current membership details
Related Posts
View all posts from:
Health
A+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 96071 |
| Year Chartered | 1990 |
| Employees | 107 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 7.99% |
| Annual Interest Income | $26.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $817.2MM$780.4MM |
| Loans | Q4 2019vs Q4 2018 | $487.1MM$457.0MM |
| Deposits | Q4 2019vs Q4 2018 | $702.4MM$675.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $109.2MM$98.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.1MM$2.0MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.6MM$369.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |