Area Educational Credit Union

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11-Month No-Penalty CD

Security & Flexibility
with Access to Funds.
Member FDIC.

1.45% APY

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1.20% APY

Overview / Commentary

www.aecu.coop

217-234-7817

812 Charleston Ave
Mattoon, IL 61938

Area Educational Credit Union is headquartered in MATTOON and is the 98^th largest credit union in the state of Illinois. It is also the 3,187^th largest credit union in the nation. It was established in 1960 and as of June of 2017, it had grown to 3 employees and 2,635 members at 1 location. Area Educational Credit Union has a B health rating.

Field of Membership Restrictions

Area Educational CU is open to employees of the following Illinois School Districts and learning institutions: Arthur-Lovington, Charleston, Neoga, Oakland, Lake Land College, Martinsville, Mattoon, Windsor, Regional Office of Education, Shelbyville, Sullivan, Cumberland, EIASE, and Kansas, along with the family members of current CU members.
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Health

B

Data as of Q2 2017

Learn why bank health matters

Additional 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. Area Educational Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	62500
Year Chartered	1960
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.7%
Return on Equity - YTD	3.18%
Annual Interest Income	$267.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$24.8MM$25.1MM
Loans	Q2 2017vs Q2 2016	$6.4MM$6.0MM
Deposits	Q2 2017vs Q2 2016	$19.3MM$19.7MM
Equity Capital	Q2 2017vs Q2 2016	$5.5MM$5.4MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$48.00K$55.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$84.00K$52.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Savings

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Area Educational Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Traditional IRA Savings
0.50%	-	-	Roth IRA Savings
0.50%	-	-	Coverdell Education Accounts
0.25%	-	-	Shares
0.25%	-	-	Christmas Club

Locations

Area Educational Credit Union Locations
Branch Office	812 CHARLESTON AVE	MATTOON, IL 61938