Feedback
Share
Link
Link copied!
Asset Brief
Central Illinois Credit Union
Credit Union Finder
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Central Illinois Credit Union Share
Link
Link copied!

Table of Contents
Map Loading...
Overview Share
Link
Link copied!
Back to Top

Central Illinois Credit Union is a federally insured state credit union based in Champaign, Illinois. It has been opened since 1948, for 74 years.

With around $18,030,000 in assets, Central Illinois Credit Union is considered to be a medium size credit union. It has 1 branches and 1 ATM locations.

About Share
Link
Link copied!
Address 2106 W. John Street
Champaign, Illinois 61821
Website http://www.cicu.com
Phone (217) 356-9721
Fax (217) 356-0044
CEO Cheryl e. Merkel
President of the Board Cheri Scott
Services Offered
Score Card Share
Link
Link copied!
Back to Top
74 years
Years in business
Opened in 1948
Well Capitalized
Net worth classification
Source: NCUA
3,882 members
Membership type: State chartered natural person credit union
Average number of members
647:1
Credit union member to staff ratio
647 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$18,033,400
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in Illinois
Average number of branches
0.07%
Savings interest rate
Compared to 0.3% nationally
11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
Link
Link copied!
Back to Top
1 branch
Compared with an average of 4 nationally and 2 in Illinois
Average number of branches
Central Illinois Credit Union Branch Locations

Central Illinois Credit Union
2106 W. John Street
Champaign, Illinois 61821
ATM Available
Members Share
Link
Link copied!
Back to Top
3,882 members
Membership type: State chartered natural person credit union
Average number of members

With 3,882 members, the Central Illinois Credit Union is considered to be a medium size credit union. It is larger than 51% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$82
Average fee per member
The average fee per member at the Central Illinois Credit Union is $82, which is high compared to most credit unions. This rate is higher than 75% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Central Illinois Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
647:1
Credit union member to staff ratio
647 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
6 staff members
FTE (full-time equivalent)
29% of employees are part-time
5 full-time, 2 part-time

Central Illinois Credit Union has 5 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 71% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Central Illinois Credit Union has around 647 members per staff, a high ratio compared to other credit unions.

Assets Share
Link
Link copied!
Back to Top
$18,033,400
Total assets
Below average
Net worth Share
Link
Link copied!
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
Link
Link copied!
Back to Top
$6,322
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 83% of credit unions.

Central Illinois Credit Union holds a total of $7,230,000 in loans and leases, which is about $6,322 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.07%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Central Illinois Credit Union pays 0.07%.

Loan rates Share
Link
Link copied!
Back to Top
11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.89%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
4.89%
New car loan rate
Compared to 4.0% nationally
4.89%
Used car loan rate
Compared to 5.2% nationally

More Credit Unions

See all...
Tazewell County School Employees Credit Union
Credit Union: Well Capitalized Pekin, Illinois 1323.0 $22 million Well Capitalized
Streator Onized Credit Union
Credit Union: Well Capitalized Streator, Illinois 29660.0 $231 million Well Capitalized
Sherwin Williams Employee Credit Union
Credit Union: Well Capitalized South Holland, Illinois 4748.0 $30 million Well Capitalized
Swedish American Credit Union
Credit Union: Well Capitalized Rockford, Illinois 1505.0 $5 million Well Capitalized
Canals & Trails Credit Union
Credit Union: Well Capitalized Lockport, Illinois 2952.0 $22 million Well Capitalized
Reavis - Stickney Credit Union
Credit Union: Well Capitalized Burbank, Illinois 346.0 $1 million Well Capitalized
Kaskaskia Valley Credit Union
Credit Union: Well Capitalized Centralia, Illinois 3958.0 $20 million Well Capitalized
South Division Credit Union
Credit Union: Well Capitalized Evergreen Park, Illinois 6012.0 $46 million Well Capitalized
Select Employees Credit Union
Credit Union: Well Capitalized Sterling, Illinois 4962.0 $44 million Well Capitalized
Berean Credit Union
Credit Union: Well Capitalized Chicago, Illinois 230.0 $126k Well Capitalized

More Credit Unions

See all...
Prairieland Credit Union
Credit Union: Well Capitalized Normal, Illinois 6954.0 $75 million Well Capitalized
South Side Community Credit Union
Credit Union: Well Capitalized Chicago, Illinois 1600.0 $4 million Well Capitalized
B.E.A. Credit Union
Credit Union: Well Capitalized Bethalto, Illinois 562.0 $4 million Well Capitalized
Aurora Firefighters' Credit Union
Credit Union: Well Capitalized Aurora, Illinois 461.0 $2 million Well Capitalized
Mea Credit Union
Credit Union: Well Capitalized Monticello, Illinois 120.0 $345k Well Capitalized
Quincy Postal Employees Credit Union
Credit Union: Well Capitalized Quincy, Illinois 506.0 $2 million Well Capitalized
Gcs Credit Union
Credit Union: Well Capitalized Granite City, Illinois 36139.0 $345 million Well Capitalized
Deere Employees Credit Union
Credit Union: Well Capitalized Moline, Illinois 36923.0 $1 billion Well Capitalized
United Equity Credit Union
Credit Union: Well Capitalized Decatur, Illinois 3795.0 $39 million Well Capitalized
Tee-Pak Credit Union
Credit Union: Well Capitalized Danville, Illinois 3127.0 $19 million Well Capitalized

Other Credit Unions

See all...
C T A F C Credit Union
Credit Union: Well Capitalized Chicago, Illinois 469.0 $816k Well Capitalized
Bethel A.M.E. Church Credit Union
Credit Union: Well Capitalized Chicago, Illinois 101.0 $56k Well Capitalized
Peoples Energy Credit Union
Credit Union: Well Capitalized Chicago, Illinois 2414.0 $33 million Well Capitalized
Fieldstone Credit Union
Credit Union: Well Capitalized Bradley, Illinois 4871.0 $45 million Well Capitalized
Smartchoice Credit Union
Credit Union: Well Capitalized Spring Valley, Illinois 341.0 $879k Well Capitalized
Effingham Highway Credit Union
Credit Union: Well Capitalized Effingham, Illinois 1060.0 $5 million Well Capitalized
Citizens Equity First Credit Union
Credit Union: Well Capitalized Peoria, Illinois 337569.0 $6 billion Well Capitalized
New Horizon Credit Union
Credit Union: Well Capitalized Danville, Illinois 1746.0 $13 million Well Capitalized
Hershey Robinson Employees Credit Union
Credit Union: Well Capitalized Robinson, Illinois 542.0 $3 million Well Capitalized
Healthcare Associates Credit Union
Credit Union: Well Capitalized Naperville, Illinois 36629.0 $351 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to Central Illinois Credit Union

See all...
Central Credit Union of Illinois: Orland Park ATM
Credit Union ATM: 9850 W. 159th Street
Orland Park, Illinois 60467
Central Illinois Credit Union
Credit Union Branch: 2106 W. John Street
Champaign, Illinois 61821 ATM Available
Central Illinois Credit Union ATM
Credit Union ATM: 2106 W. John Street
Champaign, Illinois 61821
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Central Credit Union of Illinois: Bellwood
Credit Union Branch: 1001 Mannheim Road
Bellwood, Illinois 60104 No ATM
Central Illinois Credit Union
Credit Union: Well Capitalized Champaign, Illinois 3882.0 $18 million Well Capitalized
Central Credit Union of Illinois: Orland Park
Credit Union Branch: 9850 W. 159th Street
Orland Park, Illinois 60467 ATM Available
Illinois Educators Credit Union: Central ATM
Credit Union ATM: 1420 S. 8th Street
Springfield, Illinois 62703
Central Credit Union of Illinois
Credit Union: Well Capitalized Bellwood, Illinois 12345.0 $94 million Well Capitalized
Illinois Educators Credit Union: Central
Credit Union Branch: 1420 S. 8th Street
Springfield, Illinois 62703 ATM Available