Gas And Electric Credit Union


Overview / Commentary
309-793-3610
2300 4th Ave
Rock Island, IL 61201

Gas And Electric Credit Union is headquartered in ROCK ISLAND and is the 45th largest credit union in the state of Illinois. It is also the 1,633rd largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 16 employees and 5,580 members at 2 locations. Gas And Electric Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Gas And Electric Credit Union is open to employees of Bally's Casino Rock Island, BITCO Insurance, CBMS, Downtown Rock Island District Businesses, Friendship Manor, Illinois Casualty Company, Iowa American Water, JTM Concepts, MidAmerican Energy, QC Postal Service, Rock Island Corps of Engineers, Rock Island-Milan School District, Stecker Graphics, The City of Rock Island, Thomas Hammar, CPA, and any QC Federal Employer
See current membership details

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Health

Health Grade Components

Overall
NCUA #65003
Year Chartered1935
Employees16
Primary Regulator
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD7.7%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$125.5MM$121MM
LoansQ1 2025vs Q1 2024$80.7MM$78.6MM
DepositsQ1 2025vs Q1 2024$112.8MM$109.5MM
Equity CapitalQ1 2025vs Q1 2024$10.7MM$9.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$761K$782K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$360K$342K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Gas And Electric Credit Union are currently being reviewed.

Locations


Gas And Electric Credit Union Locations
Branch Office2300 4TH AVEROCK ISLAND, IL 61201
Branch Office4502 27th StMoline, IL 61265-6311

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