Featured Savings Rates
Featured Accounts

Illinois Educators Credit Union

Popular Accounts at this Credit Union

1.30%5-year CD60 Month CD
0.35%1-year CD12 Month Save to Win CD
0.15%SavingsRegular Share Account

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

Illinois Educators Credit Union is headquartered in Springfield and is the 63rd largest credit union in the state of Illinois. It is also the 2,202nd largest credit union in the nation. It was established in 1938 and as of September of 2017, it had grown to 17 employees and 6,935 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.
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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. Illinois Educators Credit Union has a relatively low asset base.

Health Grade Components

NCUA #65305
Year Chartered1938
Primary Regulator
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD7.73%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$56.5MM$52.6MM
LoansQ3 2017vs Q3 2016$39.7MM$35.7MM
DepositsQ3 2017vs Q3 2016$50.7MM$47.4MM
Equity CapitalQ3 2017vs Q3 2016$5.4MM$5.1MM
Loan Loss AllowanceQ3 2017vs Q3 2016$309.00K$337.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$157.00K$361.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0
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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

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

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

Illinois Educators Credit Union CD Rates

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
0.35%*$10k*-12 Month CD
OTHER TIERS: 0.30% $1k - $10k
0.35%$25-12 Month Save to Win CD
0.30%*$10k*-9 Month CD
OTHER TIERS: 0.25% $1k - $10k
0.25%*$10k*-6 Month CD
OTHER TIERS: 0.20% $1k - $10k
0.15%$1k-3 Month CD

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