For more than 80 years, members have put their trust in the U of I Community Credit Union.

Annual Reports

Statement of Financial Stability

We are a corporation; chartered and supervised by the State of Illinois Department of Financial and Professional Regulation(IDFPR), and insured and supervised by the federal government through the National Credit Union Administration (NCUA).

Our soundness is based on our exemplary business practices. We adhere to sound financial underwriting practices and provide members with professional guidance, which matches them with the right loan product

With the recent passage of the national Economic Rescue Package, the NCUA currently insures member share accounts up to $250,000 per member and an additional $250,000 per member for Individual Retirement Account monies. The NCUA is the most secure and strongest of the federal savings insuring agencies. Your funds at the credit union have never been more secure.

This recent increase, matches the insurance of deposits at banks throughout the nation in response to the current economic situation as a result of the collapse of the sub-prime lending market. It is important to note that the U of I Community Credit Union does not, and has not, offered sub-prime loans, nor has the credit union engaged in other risky lending practices that have led to losses at many lenders. The U of I Community Credit Union has not been directly impacted by the collapse of the sub-prime mortgage market.

We are examined by both federal and state regulators, and have repeatedly received high ratings for safety and soundness. The U of I Community Credit Union does not offer sub-prime loans or engage in other risky loan practices that have led to losses at many lenders.

Surplus funds resulting from our sound lending practices are returned to members through higher dividends, reduced loan rates and service enhancements.

NCUA Insurance Information

For additional information about NCUA insurance, please contact the NCUA Insurance Call Center at 1-800-755-1030, extension 1. You can also review the NCUA Share Insurance Tool Kit, which contains a variety of useful information on share insurance coverage.

Additional Links

NCUA Fact Sheet

NCUA Share Insurance Coverage

Illinois League Advises, ‘CUs Safe Harbor’

How Your Accounts Are Federally Insured

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