Overview / Commentary
Prairieland Federal Credit Union is headquartered in normal and is the 56th largest credit union in the state of Illinois. It is also the 1,881st largest credit union in the nation. It was established in 1937 and as of March of 2022, it had grown to 15 employees and 6,774 members at 2 locations. Prairieland Federal Credit Union's money market rates are 14% higher than the national average, and it 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
Health
A
Data as of Q1 2022
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 | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.47% |
| Return on Equity - YTD | 3.87% |
| Annual Interest Income | $789.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $95.8MM$96.9MM |
| Loans | Q1 2022vs Q1 2021 | $61.3MM$65.4MM |
| Deposits | Q1 2022vs Q1 2021 | $84.5MM$85.7MM |
| Equity Capital | Q1 2022vs Q1 2021 | $11.6MM$10.6MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $523.00K$524.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $192.00K$420.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |