CEFCU is headquartered in Peoria and is the 2nd largest credit union in the state of Illinois. It is also the 43rd largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 1,039 employees and 410,618 members at 34 locations. CEFCU's money market rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in CEFCU is open to those who live or work in the Illinois counties of Bond, Christian, Clinton, Fulton, Jersey, Knox, Livingston, Logan, Macon, Macoupin, Madison, Marshall, Mason, McLean, Monroe, Montgomery, Peoria, Putnam, Randolph, Saint Clair, Sangamon, Stark, Tazewell, Washington, or Woodford. Individuals who who live, work, or regularly worship in the California counties of Alameda, Contra Costa, or Santa Clara are also eligible to join. Membership is also open to employees or retirees of Caterpillar, Inc., its dealerships and subsidiaries, and to other partner companies.
See current membership details
Unhappy Customer
This bank is by far the most horrible bank ever. I only have this bank to pay my car loan and this bank has given me nothing but trouble. They are rude, unprofessional, and it is a pain to bank with them. As I try to continue on to pay my bill over the phone the representatives are rude, and impatient. I have been paying my car loan for over two years and they have been taking my car loan money out plus more. I didnt find out until today because I thought they were just taking the amount that I wanted them to take out. I dont recommend this bank, it has no benefits and they set your account up to make it where you overdraft your card. Not to mention they only let you use your card 3 times a month. How can I only use my card 3 times a month when its my money??? Dont bank at CEFCU they are horrible!!!
Cefcu Is The Worst.
i been waiting on my stimulus. cefcu said to check the irs get my payment portal. the irs payment portal said it would be deposited march 17th. its now Saturday March 20th. i called cefcu the ach department is closed on weekends. they will only get "batches" of stimulus on Wednesdays. and they have to hand post each one thousands and thousands of them. i asked cefcu on facebook. their system sucks. all the other finance institutions posting their stimulus friday saturday Monday but cefcu here is only doing theirs on Wednesdays
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68448 |
| Year Chartered | 1937 |
| Employees | 1039 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 10.67% |
| Annual Interest Income | $112.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $8.33B$8.06B |
| Loans | Q1 2025vs Q1 2024 | $6.2B$5.82B |
| Deposits | Q1 2025vs Q1 2024 | $7.23B$6.8B |
| Equity Capital | Q1 2025vs Q1 2024 | $909.3MM$834.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $62.1MM$60MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $49.6MM$48.4MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $273K$467K |
