Overview / Commentary
815-626-8181
2412 Freeport Rd
Sterling, IL 61081-7626

Select Employees Credit Union (IL) is headquartered in Sterling and is the 74th largest credit union in the state of Illinois. It is also the 2,447th largest credit union in the nation. It was established in 1957 and as of September of 2018, it had grown to 15 employees and 4,990 members at 2 locations. Select Employees Credit Union (IL) has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees of Amboy District, Murphy Saunders, Bay Valley Foods, Newman Schools, Bi County Education Association, Ogle-Lee County Schools, Brooke Insurance, Pete Harkness Auto Group, CGH Medical Center, Illinois Department of Transportation, Illinois Department of Public Aid, and over 40 other area member groups.
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Health
C+
Additional 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. Select Employees Credit Union (IL) has a low asset base.

Health Grade Components

Overall
NCUA #60531
Year Chartered1957
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD9.17%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$44.6MM$43.6MM
LoansQ3 2018vs Q3 2017$29.5MM$26.2MM
DepositsQ3 2018vs Q3 2017$40.8MM$40.1MM
Equity CapitalQ3 2018vs Q3 2017$3.4MM$3.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$437.00K$276.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$755.00K$545.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$170.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Select Employees Credit Union (IL) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Cuima
OTHER TIERS: 0.05% $25 - $25k | 0.10% $25k - $50k
0.05%$100-Regular Shares
0.05%$25-Christmas Club
0.05%$100-Special Shares

Select Employees Credit Union (IL) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-2 Year CD
0.25%$1k-3 Year CD
0.25%$1k-4 Year CD
0.20%$1k-1 Year CD
0.15%$1k-6 Month CD
Locations


Select Employees Credit Union (IL) Locations
Branch Office2412 Freeport RdSterling, IL 61081-7626
Branch Office2601 Network Blvd Ste 600Frisco, TX 75034

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