Overview / Commentary
Funeral Service Credit Union is headquartered in Springfield and is the 149th largest credit union in the state of Illinois. It is also the 4,071st largest credit union in the nation. It was established in 1983 and as of December of 2019, it had grown to 2 employees and 836 members at 1 location. Funeral Service Credit Union has a C+ health rating.
Field of Membership Restrictions
Funeral Service Credit Union membership is currently offered to employees and family members of: Illinois Funeral Directors, Federated Funeral Directors of America, National Funeral Directors & Morticians Association, Inc., Iowa Funeral Directors Association, Missouri Funeral Directors Association and several more organizations listed on the bank's website.
See current membership details
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Health
C+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Funeral Service Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66253 |
| Year Chartered | 1983 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.28% |
| Return on Equity - YTD | 1.56% |
| Annual Interest Income | $341.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $9.2MM$9.2MM |
| Loans | Q4 2019vs Q4 2018 | $8.4MM$8.7MM |
| Deposits | Q4 2019vs Q4 2018 | $7.0MM$7.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $3.00K$9.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |