Illinois Educators Credit Union is headquartered in Springfield and is the 51st largest credit union in the state of Illinois. It is also the 1,782nd largest credit union in the nation. It was established in 1938 and as of March of 2025, it had grown to 16 employees and 9,253 members at 3 locations. Illinois Educators Credit Union has an A health rating.
Illinois Educators Credit Union is now open to any person affiliated with the education community, including employees, retired employees, current students and alumni of any school in the Illinois counties of Adams, Brown, Cass, Champaign, Ford, Menard, Morgan, Pike, Sangamon, or Scott. The following school districts are also included: Athens, Auburn, Ball, Carlinville, Chatham, Greenview, New Berlin, Pawnee, Pleasant Plains, Riverton, Rochester, ROE #1, ROE #9, Tri-City, Waverly, Williamsville-Sherman, Winchester, or
Lincoln Land Community College, University of Illinois in Springfield, Robert Morris University, or Benedictine University. Those employed by Horace Mann Companies, Illinois Education Association (IEA/NEA) or subsidiaries and affiliates of IEA/NEA, and those in the immediate family of current members also qualify for membership.
See current membership details
Overall | |
---|---|
NCUA # | 65305 |
Year Chartered | 1938 |
Employees | 16 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 7.86% |
Annual Interest Income | $1.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $105.6MM$103MM |
Loans | Q1 2025vs Q1 2024 | $75MM$77MM |
Deposits | Q1 2025vs Q1 2024 | $93.4MM$91.3MM |
Equity Capital | Q1 2025vs Q1 2024 | $12MM$11.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $662K$666K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $312K$283K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Illinois Educators Credit Union.
Illinois Educators Credit Union Locations | ||
---|---|---|
Branch Office | 3101 Montvale Dr | Springfield, IL 62704-4260 |
Branch Office | 1203 S Mattis Ave | Champaign, IL 61821-4827 |
Branch Office | 1501 S Dirksen Pkwy | Springfield, IL 62703 |
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.