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 58th largest credit union in the state of Illinois. It is also the 1,836th largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 13 employees and 5,061 members at 2 locations. Gas And Electric Credit Union's money market rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Gas And Electric Credit Union is open to employees of Peoples Power Company, the City of Rock Island, MidAmerican Energy, BITCO Insurance, Rock Island Corps of Engineers, Illinois Casualty Company, and Thomas Hammar, CPA
See current membership details

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional 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. Gas And Electric Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #65003
Year Chartered1935
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD5.62%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$80.7MM$78.2MM
LoansQ2 2019vs Q2 2018$56.7MM$50.6MM
DepositsQ2 2019vs Q2 2018$70.9MM$69.5MM
Equity CapitalQ2 2019vs Q2 2018$8.6MM$7.8MM
Loan Loss AllowanceQ2 2019vs Q2 2018$423.00K$285.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$484.00K$429.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Gas And Electric 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.

Gas And Electric Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.35%--IRA Savings
0.45%--Christmas Club Savings
0.25%$5-Primary Share Savings

Gas And Electric Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.80%*$250k*-Money Market Account
OTHER TIERS: 0.60% $2k - $10k | 0.75% $10k - $25k | 1.00% $25k - $100k | 1.60% $100k - $250k

Gas And Electric Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.40%-$25kGreen2 Checking
0.25%--Share Drafts

Gas And Electric Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-48 Month CD
2.55%$500-36 Month CD
2.45%$500-30 Month CD
2.35%$500-24 Month CD
2.30%$500-18 Month CD
2.05%$500-12 Month CD
2.05%$500-15 Month CD
1.60%$500-6 Month CD
Locations


Gas And Electric Credit Union Locations
Branch Office2300 4TH AVEROCK ISLAND, IL 61201
Branch OfficeRock Island Arsenal Clock Tower BuildingRock Island, IL 61201

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.