Bloomington Municipal Credit Union

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A short history of Bloomington Municipal CU

Since its inception in 1953 the Bloomington Municipal Credit Union has been serving its members in the Bloomington, 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 Kathy Woosley, the Bloomington Municipal CU has grown its membership to over 2,376 with assets of more than $24,651,798. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (309) 827-7266 or email them at kathy@bmcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Bloomington, IL.

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

Charter Number 63103
Address 602 S Gridley 
City Bloomington 
State Illinois 
Zip-Code 61701
Phone Number (309) 827-7266
Fax Number (309) 827-7338
Email Address: kathy@bmcu.org
CEO/President Kathy Woosley
Members 2,376 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 24,651,798 
Website http://www.bmcu.org 

Compare Bloomington Municipal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
I W U CU IWU Federal Credit Union 1312 Park St 61701 (309) 556-3376 No 1.20
Illinois State CU Winnebago 4563 Hydraulic Road 61109 (309) 451-8400 No 1.56
Bloomington Postal Employees CU BLOOMINGTON POSTAL EMPLOYEES CREDIT UNION 1511 E EMPIRE ST 61701 (309) 663-5841 No 2.04
State Farm CU Corporate 1 State Farm Plz 61710 (888) 521-5209 No 2.07
Normal City Employees CU Police Station 100 E Phoenix Ave 61761 (309) 454-9523 No 2.40

Bloomington Municipal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Bloomington Municipal 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 10.75 2.29 3.54 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 320 60 152 N/A N/A
Rank Among All Illinois Credit Unions 38 17 41 N/A N/A

Bloomington Municipal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.35 0.85 0.40
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 108 89 198 243
Rank Among All Illinois Credit Unions N/A 26 14 32 35
Bloomington Municipal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.750287316,635
All Other Unsecured Loans/Lines of Credit 12.0003521,521,748
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2901522,660,993
Used Vehicle Loans 3.5402993,558,544
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.29082913,799
TOTAL LOANS & LEASES 1,1728,971,719

Bloomington Municipal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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