Overview / Commentary
Credit Union 1 (IL) is headquartered in Lombard and is the 8th largest credit union in the state of Illinois. It is also the 262nd largest credit union in the nation. It was established in 1958 and as of December of 2024, it had grown to 423 employees and 121,674 members at 19 locations. Credit Union 1 (IL) has a B+ health rating.
Reviews (1)
Hard Pull On All Membership Applicants
Posted by: planxy | Sep 19, 2022
Asked about this derogation and it was confirmed. Even for savings-only applicants. Hard pull stays on the credit report for 24 months, reducing credit scores and sometimes preventing other depository institutions from issuing their credit card.
Health
B+
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68727 |
| Year Chartered | 1958 |
| Employees | 423 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.22% |
| Return on Equity - YTD | 2.6% |
| Annual Interest Income | $86.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $1.87B$1.7B |
| Loans | Q4 2024vs Q4 2023 | $1.34B$1.2B |
| Deposits | Q4 2024vs Q4 2023 | $1.6B$1.44B |
| Equity Capital | Q4 2024vs Q4 2023 | $157.5MM$132.9MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $11.3MM$12.8MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $19.6MM$16.3MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $267K$0 |
