Featured Savings Rates
Featured Accounts
Overview / Commentary
309-633-7000
5401 W Everett M Dirksen Pkwy
Peoria, IL 61607

CEFCU is headquartered in Peoria and is the 2nd largest credit union in the state of Illinois. It is also the 21st largest credit union in the nation. It was established in 1937 and as of March of 2016, it had grown to 822 employees and 316,377 members at 25 locations. CEFCU has an A health rating.

Field of Membership Restrictions

CEF Credit Union is open to anyone that resides or works in these Illinois Counties; Fulton, Knox, Livingston, Logan, McLean, Macon, Marshall, Mason, Peoria, Putnam, Sangamon, Stark, Tazewell, and Woodford or these counties in California; Alameda, Contra Costa, and Santa Clara. Membership eligibility also extends to include current and retired employees of Caterpillar, its subsidiaries, and its dealerships, direct family members of people that are eligible, household occupants, and surviving spouses of deceased CU members.
See current membership details

Related Posts

Up To $75 Checking Bonuses At CEFCU (IL & CA) - 8/20/2016

$50 for opening a checking account and $25 for bill pay $50 checking bonus Open a qualifying new Checking Account by December 31 Have a Loyalty account Sign up for eStatements Maintain your open Checking account in good standing $25 bill pay bonus Sign up for CEFCU Bill Pay pay two bills in the same calendar month

View all posts from:


Reviews (5)

Great experience at local credit union.

I recently paid off my car loan through CEFCU, my local credit union. Working with CEFCU was easy. My rates were better than any of the big banks and the customer servive was top notch. Not only were fees virtually nonexistant, but I received a dividend as a contributor to their profits. The online portal made it easy to check my loan balance and make payments. When I wanted to make payments in person, it was just as easy. They have several conveniently located locations in my area. The tellers are always courtious and I never seem to have to wait in line. I will definitely consider CEFCU as my first choice for my next car loan.

Review Of Cefco Credit Union

Posted by: Anonymous | Dec 10, 2010

This is a great Credit Union. I have been with them many years. They even pay back profits to owners at year end. This year I got a check for 1350.00. They also have a good Visa card. Their rates may not be the highest in the country; but they are close.

Excellent Bank But High Overdraw Fees

Posted by: DonFF | Mar 10, 2016

I've used Cefcu for years and have been very happy with the service I've received. Customer support is very kind and understanding. If you have a problem they will solve it for you as quickly as they possibly can. Their website is very easy to use. Everything you could want to do is available to you. Transfers between accounts are instant. The only problem I've had with Cefcu is that a month ago an overdraft fee was applied to my account due to an error on their part. The fee was $60 which is more taht I expected. However, after a quick call to customer support the fee was removed from my account. The service itself is down very rarely (Usually around 3am CST) If you're looking for a bank you can't go wrong with Cefcu.

Service Is Great

I joined this credit union recently because the have a track record of returning some of their excess income in the form of special dividend payments each year. This dividend is paid to borrowers and savers. I applied for a basic savings which has an ok rate of .30%. I also applied for a no annual fee VISA and was approved the same day. The loan officer also noted that they could refinance my car at a rate that was 2% lower than I was currently paying. So I also was able to lower my car payment without extending the term. The only problem I experienced was that they forgot to send my VISA card which after I called them was promptly sent

My experience with cefcu.com

I am a customer of cefcu.com for last 5 years.My experience with cefcu.com is overall satisfactory.It allows later deposit which helps me to have fewer overdrafts and fees associated with them. Their customer service is better. This customer service is not excellent but satisfactory so far. Their iphone app is ok but they need to improve more customer friendly. However their website is good and informative. They have very good products which meet customer expectation. Their fees are reasonable and competitive.I would definitely recommend this credit union to my friends and relatives.



Health
A

Health Grade Components

Overall
NCUA #68448
Year Chartered1937
Employees822
Primary Regulator
Profit Margin
Return on Assets - YTD1.15%
Return on Equity - YTD11.62%
Annual Interest Income$45.0MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$5.54B$5.29B
LoansQ1 2016vs Q1 2015$3.91B$3.63B
DepositsQ1 2016vs Q1 2015$4.88B$4.64B
Equity CapitalQ1 2016vs Q1 2015$537.3MM$505.2MM
Loan Loss AllowanceQ1 2016vs Q1 2015$24.5MM$24.4MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$16.5MM$16.1MM
Real Estate OwnedQ1 2016vs Q1 2015$1.7MM$3.2MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Up To $75 Checking Bonuses At CEFCU (IL & CA)

miked   |  
$50 for opening a checking account and $25 for bill pay

$50 checking bonus

Open a qualifying new Checking Account by December 31
Have a Loyalty account
Sign up for eStatements
Maintain your open Checking account in good standing

$25 bill pay bonus

Sign up for CEFCU Bill Pay
pay two bills in the same calendar month

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not CEFCU; 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.

CEFCU Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Savings Account
0.15%--Holiday Saver Account
0.15%--My Use Account
0.15%--Traditional IRA Daily Account

CEFCU Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-Insured Money Market Account
OTHER TIERS: 0.20% $2,500 - $50k

CEFCU Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$2,500-Dividend Checking

CEFCU CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.81%$100k-5 Year Jumbo Certificate
1.75%$1k$100k5 Year Certificate
1.55%$100k-4 Year Jumbo Certificate
1.50%$1k$100k4 Year Certificate
1.30%$100k-3 Year Jumbo Certificate
1.25%$1k$100k3 Year Certificate
0.90%$100k-2 Year Jumbo Certificate
0.85%$1k$100k2 Year Certificate
0.65%$100k-18 Month Jumbo Certificate
0.60%$1k$100k18 Month Certificate
0.45%$100k-1 Year Jumbo Certificate
0.40%-$1k1 Year My Save Certificate
0.40%$1k$100k1 Year Certificate
0.40%$100k-6 Month Jumbo Certificate
0.35%$1k$100k6 Month Certificate
0.30%$100k-3 Month Jumbo Certificate
0.25%$1k$100k3 Month Certificate

CEFCU IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.81%$100k-5 Year Jumbo IRA
1.75%$500$100k5 Year IRA
1.55%$100k-4 Year Jumbo IRA
1.50%$500$100k4 Year IRA
1.30%$100k-3 Year Jumbo IRA
1.25%$500$100k3 Year IRA
0.90%$100k-2 Year Jumbo IRA
0.85%$500$100k2 Year IRA
0.45%$100k-1 Year Jumbo IRA
0.40%$500$100k1 Year IRA
Locations

CEFCU has 25 locations. Click to view all CEFCU locations.