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Heartland Credit Union Share
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Overview Share
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Heartland Credit Union is a federally insured state credit union based in Springfield, Illinois. It has been opened since 1946, for 76 years.

With around $296,360,000 in assets, Heartland Credit Union is considered to be a very large credit union. It has 5 branches and 4 ATM locations.

About Share
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Address 2213 W. White Oaks Drive
Springfield, Illinois 62704
Website http://www.hcu.org
Phone (217) 726-8877
Fax (217) 726-2157
CEO Tom Lex
President of the Board Stephen Trutter
Services Offered
Score Card Share
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76 years
Years in business
Opened in 1946
Well Capitalized
Net worth classification
Source: NCUA
30,658 members
Membership type: State chartered natural person credit union
Above average number of members
374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$296,356,713
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.45%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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5 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Heartland Credit Union Branch Locations

Heartland Credit Union: Main
2213 W. White Oaks Drive
Springfield, Illinois 62704
ATM Available
Heartland Credit Union: S. Grand
720 S. Grand Avenue W.
Springfield, Illinois 62704
ATM Available
Heartland Credit Union: Memorial
701 North 1st Street Rm C18
Springfield, Illinois 62781
No ATM
Heartland Credit Union: Street Joseph
610 E. Saint Joseph Street
Springfield, Illinois 62703
ATM Available
Heartland Credit Union: North
2712 E. Sangamon Avenue
Springfield, Illinois 62702
ATM Available
Members Share
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30,658 members
Membership type: State chartered natural person credit union
Above average number of members

With 30,658 members, the Heartland Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 87% of credit unions.

Fees Share
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$83
Average fee per member
The average fee per member at the Heartland Credit Union is $83, which is high compared to most credit unions. This rate is higher than 76% 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 Heartland Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
82 staff members
FTE (full-time equivalent)
5% of employees are part-time
80 full-time, 4 part-time

Heartland Credit Union has 80 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Heartland Credit Union has around 374 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$296,356,713
Total assets
Above average
Net worth Share
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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.
11.3%
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
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$14,252
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 77% of credit unions.

Heartland Credit Union holds a total of $236,940,000 in loans and leases, which is about $14,252 per member on average.

Savings interest rate Share
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0.45%
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. Heartland Credit Union pays 0.45%.

Loan rates Share
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9.65%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.88%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.64%
New car loan rate
Compared to 4.0% nationally
4.14%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.63%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.62%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Heartland Credit Union: Heartland-Lancaster
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