Blackhawk Area Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.bacu.org

815-273-4503

214 Main St
Savanna, IL 61074

Blackhawk Area Credit Union is headquartered in Savanna and is the 79^th largest credit union in the state of Illinois. It is also the 2,653^rd largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 13 employees and 3,823 members at 3 locations. Blackhawk Area Credit Union's CD rates are 56% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Blackhawk Area Credit Union (BACU) is open to those who live or work in the Illinois counties of Carroll, Lee, Ogle, Whiteside, JoDaviess, or Stephenson. Family of current members are also eligible to join.
See current membership details

Reviews

Write a Review

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

Health

Data as of Q1 2025

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. Blackhawk Area Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	95042
Year Chartered	1935
Employees	13
Primary Regulator

Profit Margin
Return on Assets - YTD	1.31%
Return on Equity - YTD	11.47%
Annual Interest Income	$475K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$39.4MM$39.8MM
Loans	Q1 2025vs Q1 2024	$27.4MM$30.2MM
Deposits	Q1 2025vs Q1 2024	$35.2MM$36MM
Equity Capital	Q1 2025vs Q1 2024	$4.4MM$3.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$244K$244K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1,000$6K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Blackhawk Area Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Blackhawk Area Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$25	-	Regular Shares
0.05%	$25	-	Christmas Club
0.05%	$25	-	Vacation Club
0.05%	$5	-	Scottie Savers Account

Blackhawk Area Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$50k^*	-	Money Market Checking Account
OTHER TIERS: 0.10% → $2.5k - $30k \| 0.15% → $30k - $50k

Blackhawk Area Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.85%	$500	-	60 Month CD
1.75%	$500	-	36 Month CD
1.75%	$500	-	48 Month CD
1.50%	$500	-	24 Month CD
1.45%	$500	-	18 Month CD
1.40%	$500	-	12 Month CD
0.75%	$500	-	6 Month CD
0.50%	$500	-	3 Month CD

Blackhawk Area Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.85%	$500	-	60 Month IRA
1.75%	$500	-	36 Month IRA
1.75%	$500	-	48 Month IRA
1.50%	$500	-	24 Month IRA
1.45%	$500	-	18 Month IRA
1.40%	$500	-	12 Month IRA
0.75%	$500	-	6 Month IRA
0.50%	$500	-	3 Month IRA
0.10%	$0	-	IRA Share

Locations

Blackhawk Area Credit Union Locations
Branch Office	1555 S Float Ave	Freeport, IL 61032-6501
Branch Office	201 E Dixon St	Polo, IL 61064-1206
Branch Office	214 Main St	Savanna, IL 61074-1628

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.