Area Educational Credit Union is headquartered in MATTOON and is the 97th largest credit union in the state of Illinois. It is also the 3,083rd largest credit union in the nation. It was established in 1960 and as of December of 2019, it had grown to 4 employees and 2,442 members at 1 location. Area Educational Credit Union has a B+ health rating.
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.
See current membership details
|Return on Assets - YTD||0.59%|
|Return on Equity - YTD||2.59%|
|Annual Interest Income||$751.00K|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$25.0MM$25.1MM|
|Loans||Q4 2019vs Q4 2018||$9.7MM$7.9MM|
|Deposits||Q4 2019vs Q4 2018||$19.3MM$19.5MM|
|Equity Capital||Q4 2019vs Q4 2018||$5.7MM$5.6MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$99.00K$69.00K|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$87.00K$155.00K|
|Real Estate Owned||Q4 2019vs Q4 2018||$0$0|
Always verify rates and promotions with the bank or credit union. We are not Area Educational Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.75%||-||-||Traditional IRA Savings|
|0.75%||-||-||Roth IRA Savings|
|0.75%||-||-||Coverdell Education Accounts|
|Area Educational Credit Union Locations|
|Branch Office||812 CHARLESTON AVE||MATTOON, IL 61938|