Overview / Commentary
Credit Union 1 (IL) is headquartered in Rantoul and is the 9th largest credit union in the state of Illinois. It is also the 316th largest credit union in the nation. It was established in 1958 and as of September of 2022, it had grown to 356 employees and 82,850 members at 17 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 Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68727 |
| Year Chartered | 1958 |
| Employees | 356 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 8.72% |
| Annual Interest Income | $35.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022 | $1.40B |
| Loans | Q3 2022 | $1.22B |
| Deposits | Q3 2022 | $1.13B |
| Equity Capital | Q3 2022 | $118.3MM |
| Loan Loss Allowance | Q3 2022 | $6.3MM |
| Unbacked Noncurrent Loans | Q3 2022 | $8.8MM |
| Real Estate Owned | Q3 2022 | $0 |
