Credit Unions Near Me
National Credit Union Service Organization

CREDIT UNION 1

Dec, 31, 2023 — CREDIT UNION 1 is a federally insured state chartered credit union headquartered in RANTOUL, IL with 15 branch locations and about $1.70 billion in total assets. Opened 66 years ago in 1958, CREDIT UNION 1 has about 125,000 members and employs 332 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 271188081
Name:CREDIT UNION 1
Address:
(Main Office)
200 E Champaign Ave
RANTOUL, IL 61866-2930
Phone:(800) 252-6950
Fax:(217) 892-4643
Website:https://www.creditunion1.org
Branches:15 branch locations
Members:125,000
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68727
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1958
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$1,699,028,664
CEO/Manager:Todd Gunderson
Chairperson:Robert Eberhardt

Call Report

  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 349,069,241
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 829,467,502
 Unsecured Loans 36,552,501
 Other Loans 330,555,527
 TOTAL LOANS 1,196,575,527
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,749,833
 Land And Building 2,398,426
 Other Fixed Assets 18,463,684
 NCUSIF Deposit 13,037,073
 All Other Assets 2,010,163
  TOTAL ASSETS 1,699,028,664
LIABILITIES & CAPITAL:  
 Dividends Payable 24,994
 Notes & Interest Payable 54,879,486
 Accounts Payable & Other Liabilities 58,605,425
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 10,500,000
 Share Drafts 333,492,697
 Regular shares 677,284,516
 All Other Shares & Deposits 431,318,735
  TOTAL SHARES & DEPOSITS 1,442,095,948
  TOTAL LIABILITIES 1,566,105,853
 Regular Reserve 0
 Other Reserves 54,218,981
 Undivided Earnings 78,703,830
  TOTAL EQUITY 132,922,811
  TOTAL LIABILITIES, SHARES, & EQUITY 1,699,028,664
INCOME & EXPENSE  
 Loan Income 58,151,279
 Investment Income 12,493,611
 Other Income 9,945,792
 Total Employee Compensation & Benefits 39,217,611
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 30,599,925
 Non-operating Income & (Expense) 6,964,222
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -182,576
 Cost of Funds 18,570,329
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,857,635
↑ Back to Top

Other Credit Unions

CLIFFORD-JACOBS EMPLOYEES CREDIT UNION
2410 N 5th St
CHAMPAIGN, IL 61822
CANAAN CREDIT UNION
404 W Main St
URBANA, IL 61801-2618
MEA CREDIT UNION
2 Sage Dr
MONTICELLO, IL 61856
URBANA MUNICIPAL EMPLOYEES CREDIT UNION
1606 Willow View Rd Ste 1O
URBANA, IL 61802-7446
COMMUNITY PLUS FEDERAL CREDIT UNION
526 E Champaign Ave
RANTOUL, IL 61866-3005
CHAMPAIGN COUNTY SCHOOL EMPLOYEES CREDIT UNION
1203 S Mattis Ave
CHAMPAIGN, IL 61821
CENTRAL ILLINOIS CREDIT UNION
2106 w john st
CHAMPAIGN, IL 61821
NEW HORIZON CREDIT UNION
1019 E FAIRCHILD ST
DANVILLE, IL 61832
TEE-PAK CREDIT UNION
1035 E Main St
DANVILLE, IL 61832-6037
EDUCATION PERSONNEL FEDERAL CREDIT UNION
1102 N Walnut St
DANVILLE, IL 61832