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Overview / Commentary
5618 Harrison Ave
Rockford, IL 61108

Generations CU (IL) is headquartered in Rockford and is the 112th largest credit union in the state of Illinois. It is also the 3,493rd largest credit union in the nation. It was established in 1944 and as of September of 2017, it had grown to 4 employees and 1,871 members at 1 location. Generations CU (IL) has a B+ health rating.

Field of Membership Restrictions

Generations Credit Union of Illinois is open to the residents and the people that maintain employment within these qualified counties: Boone, Dekalb, Ogle, Stephenson, and Winnebago.
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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. Generations CU (IL) has a low asset base.

Health Grade Components

NCUA #60429
Year Chartered1944
Primary Regulator
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD2.07%
Annual Interest Income$463.00K
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$18.7MM$18.0MM
LoansQ3 2017vs Q3 2016$9.8MM$9.5MM
DepositsQ3 2017vs Q3 2016$15.4MM$15.0MM
Equity CapitalQ3 2017vs Q3 2016$2.8MM$2.9MM
Loan Loss AllowanceQ3 2017vs Q3 2016$114.00K$87.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$52.00K$19.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0

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Generations CU (IL) Locations
Branch Office5618 Harrison AveRockford, IL 61108