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Membersalliance Credit Union Share
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Overview Share
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Membersalliance Credit Union is a non-federally insured state credit union based in Rockford, Illinois. It has been opened since 1938, for 84 years.

With around $191,200,000 in assets, Membersalliance Credit Union is considered to be a very large credit union. It has 2 branches and 2 ATM locations.

About Share
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Address 2550 S. Alpine
Rockford, Illinois 61108
Website http://www.membersalliance.org
Phone (815) 226-2260
Fax (815) 226-4959
CEO Cheryl A. Sio
President of the Board Greg Hopkins
Services Offered
Score Card Share
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84 years
Years in business
Opened in 1938
Well Capitalized
Net worth classification
Source: NCUA
19,875 members
Membership type: State chartered natural person credit union
Above average number of members
269:1
Credit union member to staff ratio
269 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$191,197,954
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Membersalliance Credit Union Branch Locations

Membersalliance Credit Union: Alpine
2550 S. Alpine Road
Rockford, Illinois 61108
ATM Available
Membersalliance Credit Union: Olde Creek
6951 Olde Creek Road
Rockford, Illinois 61114
ATM Available
Members Share
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19,875 members
Membership type: State chartered natural person credit union
Above average number of members

With 19,875 members, the Membersalliance Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 82% of credit unions.

Fees Share
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$87
Average fee per member
The average fee per member at the Membersalliance Credit Union is $87, which is high compared to most credit unions. This rate is higher than 78% 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 Membersalliance Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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269:1
Credit union member to staff ratio
269 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
74 staff members
FTE (full-time equivalent)
0% of employees are part-time
74 full-time, 0 part-time

Membersalliance Credit Union has 74 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Membersalliance Credit Union has around 269 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$191,197,954
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.
8.6%
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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$10,849
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 56% of credit unions.

Membersalliance Credit Union holds a total of $135,650,000 in loans and leases, which is about $10,849 per member on average.

Savings interest rate Share
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0.10%
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. Membersalliance Credit Union pays 0.10%.

Loan rates Share
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8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
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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4.00%
New car loan rate
Compared to 4.0% nationally
4.50%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.85%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.12%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Membersalliance Credit Union: Olde Creek ATM
Credit Union ATM: 6951 Olde Creek Road
Rockford, Illinois 61114
Membersalliance Credit Union: Alpine
Credit Union Branch: 2550 S. Alpine Road
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