Blackhawk Area Credit Union

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A short history of Blackhawk Area CU

Since its inception in 1935 the Blackhawk Area Credit Union has been serving its members in the Savanna, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Rhonda Schroeder, the Blackhawk Area CU has grown its membership to over 4,831 with assets of more than $33,756,527. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (815) 273-4503 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Savanna, IL.

General Information For Blackhawk Area CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 95042
Address PO Box 328 
City Savanna 
State Illinois 
Zip-Code 61074
Phone Number (815) 273-4503
Fax Number (815) 273-3075
Email Address: none
CEO/President Rhonda Schroeder
Members 4,831 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 33,756,527 

Compare Blackhawk Area Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Aegis CU Clinton 1200 N 2nd St 52732 (563) 242-0531 No 19.87
1st Gateway CU Morrison 204 E Main St 61270 (815) 772-2200 No 23.17
Milledgeville Community CU Milledgeville Community Credit Union 334 N Main Ave 61051 (815) 225-7617 No 26.39
Advantage One CU Advantage One Credit Union 204 N Jackson St 61270 (815) 772-7215 No 26.98

Blackhawk Area Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Blackhawk Area Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.70 3.05 4.04 6.31 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 316 151 208 396 229
Rank Among All Illinois Credit Unions 36 45 55 58 48

Blackhawk Area Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.37 0.42 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 84 279 271
Rank Among All Illinois Credit Unions N/A 34 12 49 45
Blackhawk Area Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.700585633,686
All Other Unsecured Loans/Lines of Credit 12.780229391,171
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.050911,660,323
Used Vehicle Loans 4.0406405,400,724
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.31018710,131,714
Total Other Real Estate Loans/Lines of Credit 5.000752,474,542
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.50027108,624
TOTAL LOANS & LEASES 1,83420,800,784

Blackhawk Area Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1529,221,0126450,600
    b. 15 Years or less 30723,396180,000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 5187,30600
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 752,474,5426336,600
Open-End Fixed Rate 0000
TOTALS 26212,606,25613867,200


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Blackhawk Area Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes