Sep, 30, 2025 — ILLINOIS VALLEY CREDIT UNION is a federally insured state chartered credit union headquartered in PERU, IL with 2 branch locations and about $37.21 million in total assets. Opened 71 years ago in 1955, ILLINOIS VALLEY CREDIT UNION has about 4,196 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ILLINOIS VALLEY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1311 Shooting Park Rd PERU, IL 61354 |
| Phone: | (815) 224-2666 |
| Fax: | (815) 224-2691 |
| Website: | https://www.ivcu.com |
| Branches: | 2 branch locations |
| Members: | 4,196 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62121 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $37,211,022 |
| CEO/Manager: | Thomas J Kist |
| Chairperson: | Polly Ragazincky |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,548,796 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,432,479 |
| Unsecured Loans | 1,031,466 |
| Other Loans | 23,018,060 |
| TOTAL LOANS | 28,482,005 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -181,117 |
| Land And Building | 1,238,726 |
| Other Fixed Assets | 115,267 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 330,846 |
| All Other Assets | 19,335 |
| TOTAL ASSETS | 37,211,022 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 55 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 65,259 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,508,150 |
| Regular shares | 15,585,567 |
| All Other Shares & Deposits | 11,342,732 |
| TOTAL SHARES & DEPOSITS | 33,436,451 |
| TOTAL LIABILITIES | 33,501,765 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,709,257 |
| TOTAL EQUITY | 3,709,257 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 37,211,022 |
| INCOME & EXPENSE | |
| Loan Income | 1,321,560 |
| Investment Income | 238,364 |
| Other Income | 176,641 |
| Total Employee Compensation & Benefits | 643,638 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 899,871 |
| Non-operating Income & (Expense) | 9,750 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 52,974 |
| Cost of Funds | 265,335 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,969 |
| ↑ Back to Top | |