Overview / Commentary
Landmark Credit Union is headquartered in Danville and is the 51st largest credit union in the state of Illinois. It is also the 1,676th largest credit union in the nation. It was established in 1935 and as of December of 2019, it had grown to 26 employees and 11,079 members at 3 locations. Landmark Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Fountain, Vermillion, and Warren Counties in Indiana. Membership is also open to employees of the V.A. Medical Center or its satellite offices, Thyssen Krupp-Danville plant, BroMenn Healthcare, U.S. Post Office in Danville, Illinois.
See current membership details
Health
A
Data as of Q4 2019
Learn why bank health mattersAdditional 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. Landmark Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60532 |
| Year Chartered | 1935 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 3.66% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $95.4MM$86.2MM |
| Loans | Q4 2019vs Q4 2018 | $27.5MM$27.5MM |
| Deposits | Q4 2019vs Q4 2018 | $84.5MM$76.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $10.0MM$8.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $316.00K$330.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $316.00K$429.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |