Overview / Commentary
Prairieland Federal Credit Union is headquartered in normal and is the 58th largest credit union in the state of Illinois. It is also the 1,835th largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 22 employees and 7,706 members at 2 locations. Prairieland Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to individuals who live, work, worship, volunteer, or attend school in McLean County, Illinois.
See current membership details
Related Posts
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. Prairieland Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2037 |
| Year Chartered | 1937 |
| Employees | 22 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.44% |
| Return on Equity - YTD | 3.42% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $80.9MM$74.6MM |
| Loans | Q4 2019vs Q4 2018 | $61.4MM$58.8MM |
| Deposits | Q4 2019vs Q4 2018 | $70.4MM$64.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $10.2MM$9.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $566.00K$565.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $895.00K$554.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |