Kane County Teachers Credit Union
Overview / Commentary
Kane County Teachers Credit Union is headquartered in Elgin and is the 25th largest credit union in the state of Illinois. It is also the 772nd largest credit union in the nation. It was established in 1937 and as of September of 2024, it had grown to 97 employees and 30,381 members at 8 locations. Kane County Teachers Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in DuPage, DeKalb, Kane, Grundy, Kendall, McHenry, and Cook (west of route 83) Counties in Illinois. Membership is also open to over 200 Select Employer Groups.
See current membership details
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Health
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 95015 |
| Year Chartered | 1937 |
| Employees | 97 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.26% |
| Return on Equity - YTD | 14.16% |
| Annual Interest Income | $23.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $464.2MM$386.9MM |
| Loans | Q3 2024vs Q3 2023 | $329.9MM$306.9MM |
| Deposits | Q3 2024vs Q3 2023 | $419.6MM$348.8MM |
| Equity Capital | Q3 2024vs Q3 2023 | $41MM$34.1MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $6.3MM$6.1MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $4.3MM$4.6MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |