Overview / Commentary
Archer Heights Credit Union is headquartered in Chicago and is the 123rd largest credit union in the state of Illinois. It is also the 3,491st largest credit union in the nation. It was established in 1965 and as of December of 2019, it had grown to 7 employees and 2,524 members at 1 location. Archer Heights Credit Union has a B+ health rating.
Field of Membership Restrictions
Archer Heights CU is open to anyone who resides, works, or attends church under the following postal codes: 60632, 60638, 60652, and 60501.The membership eligibility also extends to include family members and employees of the CU-affiliated SEG's.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Archer Heights Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63125 |
| Year Chartered | 1965 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 1.35% |
| Annual Interest Income | $656.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $17.1MM$17.4MM |
| Loans | Q4 2019vs Q4 2018 | $7.8MM$8.9MM |
| Deposits | Q4 2019vs Q4 2018 | $15.2MM$15.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.9MM$1.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $20.00K$20.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $2.00K$23.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$10.00K |