Deere Employees Credit Union is headquartered in Moline and is the 7th largest credit union in the state of Illinois. It is also the 234th largest credit union in the nation. It was established in 1935 and as of December of 2022, it had grown to 242 employees and 71,036 members at 26 locations. Deere Employees Credit Union's money market rates are 7X the national average, and it has a B+ health rating.
Deere Employees Credit Union is open to employees and retirees of John Deere and wholly owned subsidiaries, Dealers, or joint ventures with John Deere. Family of those eligible may also join.
See current membership details
Overall | |
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NCUA # | 68598 |
Year Chartered | 1935 |
Employees | 242 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.56% |
Return on Equity - YTD | 7.07% |
Annual Interest Income | $61.1MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $1.99B$1.81B |
Loans | Q4 2022vs Q4 2021 | $1.76B$1.37B |
Deposits | Q4 2022vs Q4 2021 | $1.71B$1.63B |
Equity Capital | Q4 2022vs Q4 2021 | $155.6MM$146.5MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $10.2MM$6.0MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $10.4MM$5.0MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Deere Employees Credit Union; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.50%* | $100k* | - | Ready Reserve Account | ||
OTHER TIERS: 1.20% → $10k - $50k | 1.30% → $50k - $75k | 1.40% → $75k - $100k | |||||
0.10% | $250 | - | Merit Checking Account |