Featured Savings Rates
Featured Accounts

Illinois Educators Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.30%5-year CD60 Month CD
0.30%1-year CD12 Month CD
0.15%SavingsRegular Share Account

Overview / Commentary
217-528-2642
1420 S 8th St
Springfield, IL 62703-2521

Illinois Educators Credit Union is headquartered in Springfield and is the 64th largest credit union in the state of Illinois. It is also the 2,261st largest credit union in the nation. It was established in 1938 and as of September of 2016, it had grown to 17 employees and 6,906 members at 2 locations. Illinois Educators Credit Union has a B+ health rating.

Field of Membership Restrictions

Illinois Educators Credit Union of Illinois is open to any current and retired employee of the site listed schools, partner companies, and associations that are listed on the credit union website and the members of the state Education Association and its subsidiaries or affiliates.
See current membership details

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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. Illinois Educators Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #65305
Year Chartered1938
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.62%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$52.6MM$50.1MM
LoansQ3 2016vs Q3 2015$35.7MM$35.8MM
DepositsQ3 2016vs Q3 2015$47.4MM$45.2MM
Equity CapitalQ3 2016vs Q3 2015$5.1MM$4.8MM
Loan Loss AllowanceQ3 2016vs Q3 2015$337.00K$193.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$361.00K$310.00K
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.

Illinois Educators Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$2,500*-Regular Share Account
OTHER TIERS: 0.10% $25 - $2,500
0.15%*$2,500*-Travel Club Account
OTHER TIERS: 0.10% $25 - $2,500
0.10%--Holiday Club Account

Illinois Educators Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Money Market Account
OTHER TIERS: 0.15% $1k - $25k

Illinois Educators Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%*$10k*-60 Month CD
OTHER TIERS: 1.25% $1k - $10k
1.06%*$10k*-48 Month CD
OTHER TIERS: 1.01% $1k - $10k
0.85%*$10k*-36 Month CD
OTHER TIERS: 0.80% $1k - $10k
0.60%*$10k*-30 Month CD
OTHER TIERS: 0.55% $1k - $10k
0.55%*$10k*-24 Month CD
OTHER TIERS: 0.50% $1k - $10k
0.45%*$10k*-18 Month CD
OTHER TIERS: 0.40% $1k - $10k
0.30%$1k$10k12 Month CD
0.25%$10k-6 Month CD
0.25%$1k$10k9 Month CD
0.15%$1k-3 Month CD
Locations


Illinois Educators Credit Union Locations
Branch Office1124 Centre West DrSpringfield, IL 62704
Branch Office1420 S 8th StSpringfield, IL 62703-2521