Sep, 30, 2025 — DEERE EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MOLINE, IL with 35 branch locations and about $2.20 billion in total assets. Opened 91 years ago in 1935, DEERE EMPLOYEES CREDIT UNION has about 77,135 members and employs 274 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DEERE EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 3950 38th Ave MOLINE, IL 61265-6471 |
| Phone: | (309) 743-1000 |
| Fax: | (309) 743-1050 |
| Website: | https://www.empeople.com |
| Branches: | 35 branch locations |
| Members: | 77,135 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68598 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,197,130,269 |
| CEO/Manager: | Kurt T Lewin |
| Chairperson: | Scott Hany |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 122,182,863 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 6,199,150 |
| Real Estate Loans | 1,399,220,401 |
| Unsecured Loans | 147,974,150 |
| Other Loans | 373,434,914 |
| TOTAL LOANS | 1,920,733,376 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,283,404 |
| Land And Building | 21,350,402 |
| Other Fixed Assets | 8,703,009 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 17,225,759 |
| All Other Assets | 307,813 |
| TOTAL ASSETS | 2,197,130,269 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 513,162 |
| Notes & Interest Payable | 75,000,000 |
| Accounts Payable & Other Liabilities | 27,555,658 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 319,493,362 |
| Regular shares | 263,386,946 |
| All Other Shares & Deposits | 1,337,547,710 |
| TOTAL SHARES & DEPOSITS | 1,920,428,018 |
| TOTAL LIABILITIES | 2,023,511,566 |
| Regular Reserve | 0 |
| Other Reserves | 24,783,900 |
| Undivided Earnings | 148,834,803 |
| TOTAL EQUITY | 173,618,703 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,197,130,269 |
| INCOME & EXPENSE | |
| Loan Income | 77,514,181 |
| Investment Income | 11,224,409 |
| Other Income | 6,366,900 |
| Total Employee Compensation & Benefits | 30,096,143 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 26,634,758 |
| Non-operating Income & (Expense) | 207,277 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,108,071 |
| Cost of Funds | 42,980,222 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,013,853 |
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