Overview / Commentary
Canals & Trails Credit Union is headquartered in Lockport and is the 84th largest credit union in the state of Illinois. It is also the 2,756th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 5 employees and 3,231 members at 2 locations. Canals & Trails Credit Union has a B+ health rating.
Field of Membership Restrictions
Canals & Trails Credit Union is open to those who live in the Illinois school districts in Bolingbrook, Crest Hill, Homer Glen, New Lenox, Lockport, Lemont, Mokena, Orland Park, Plainfield, or Romeoville; as well as many government groups and local businesses.
See current membership details
Health
B+
Data as of Q1 2025
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. Canals & Trails Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68508 |
| Year Chartered | 1959 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 6.61% |
| Annual Interest Income | $280K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $35.1MM$34.4MM |
| Loans | Q1 2025vs Q1 2024 | $8.8MM$10.9MM |
| Deposits | Q1 2025vs Q1 2024 | $31.7MM$31.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.3MM$3.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $77K$84K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $14K$117K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |