Featured Savings Rates
Featured Accounts

IEC Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD12 Month Share Certificate
0.15%SavingsRegular Share Savings
0.20%Money MarketMoney Market Account

Overview / Commentary
800-757-7432
6460 S 6th Street Rd
Springfield, IL 62712-6820

IEC Federal Credit Union is headquartered in Springfield and is the 145th largest credit union in the state of Illinois. It is also the 4,104th largest credit union in the nation. It was established in 1970 and as of September of 2016, it had grown to 3 employees and 1,754 members at 1 location. IEC Federal Credit Union has a B health rating.

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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. IEC Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #20028
Year Chartered1970
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD-0.73%
Return on Equity - YTD-5.13%
Annual Interest Income$208.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$11.3MM$11.3MM
LoansQ3 2016vs Q3 2015$6.8MM$6.4MM
DepositsQ3 2016vs Q3 2015$9.6MM$9.5MM
Equity CapitalQ3 2016vs Q3 2015$1.6MM$1.7MM
Loan Loss AllowanceQ3 2016vs Q3 2015$8.00K$8.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$29.00K$30.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

IEC Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Christmas Club
0.25%--Vacation Club
0.15%*$1k*-Regular Share Savings
OTHER TIERS: 0.10% Up to $1k

IEC Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Money Market Account
OTHER TIERS: 0.10% $5k - $10k | 0.15% $10k - $25k

IEC Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Regular Checking

IEC Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$1k-12 Month Share Certificate
0.25%$1k-6 Month Share Certificate
0.15%$1k-3 Month Share Certificate
Locations


IEC Federal Credit Union Locations
Branch Office6460 S 6th Street RdSpringfield, IL 62712-6820