Corporate America Family Credit Union
Overview / Commentary
Corporate America Family Credit Union is headquartered in Elgin and is the 16th largest credit union in the state of Illinois. It is also the 522nd largest credit union in the nation. It was established in 1976 and as of December of 2024, it had grown to 175 employees and 65,884 members at 21 locations. Corporate America Family Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Corporate America Family Credit Union is open to anyone through membership in The Hope Group. Individuals who live or work within a 25-mile radius of any CAFCU branch location are eligible to join, as are the employees of several SEGs and family members of the current CAFCU members.
See current membership details
Health
A
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68215 |
| Year Chartered | 1976 |
| Employees | 175 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 6.04% |
| Annual Interest Income | $39.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $825.2MM$859.9MM |
| Loans | Q4 2024vs Q4 2023 | $609MM$618.2MM |
| Deposits | Q4 2024vs Q4 2023 | $672.7MM$591.6MM |
| Equity Capital | Q4 2024vs Q4 2023 | $103.6MM$94.7MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $6MM$5.9MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $2.9MM$3.2MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
