Canaan Credit Union

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A short history of Canaan CU

Since its inception in 2001 the Canaan Credit Union has been serving its members in the Urbana, 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 Sheena Bruett, the Canaan CU has grown its membership to over 414 with assets of more than $402,735. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (217) 367-2158 or email them at canaanbaptist@sbcglobal.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Urbana, IL.

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

Charter Number 68472
Address 404 W Main St 
City Urbana 
State Illinois 
Zip-Code 61801
Phone Number (217) 367-2158
Fax Number (217) 367-5130
Email Address: canaanbaptist@sbcglobal.net
CEO/President Sheena Bruett
Members 414 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 402,735 
Website http://www.canaancreditunion.org 

Compare Canaan Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Carle Employees CU CARLE EMPLOYEES FEDERAL CREDIT UNION 709 W UNIVERSITY AVE 61801 (217) 383-3097 No 0.54
Urbana Municipal Employes CU Main Office 1606 Willow View Rd Ste 1O 61802 (217) 337-0240 No 1.09
University Of Illinois Community CU First Street Office 2201 S 1ST ST 61824 (217) 278-7700 No 2.12
Urbana Postal CU Urbana Postal Credit Union 3100 E Tatman Ct 61803 (217) 367-0653 No 2.52
Clifford-jacobs Employees CU CLIFFORD JACOBS EMPLOYEE CREDIT UNION 2410 N 5th St 61824 (217) 356-0081 No 2.55

Canaan Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Canaan 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 N/A N/A 9.35 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 N/A N/A 713 N/A N/A
Rank Among All Illinois Credit Unions N/A N/A 130 N/A N/A

Canaan Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 N/A N/A N/A
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 95 N/A N/A N/A
Rank Among All Illinois Credit Unions N/A 24 N/A N/A N/A
Canaan Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 13.9105189,925
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 0.00000
Used Vehicle Loans 9.350331,655
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 0.00000
TOTAL LOANS & LEASES 54121,580

Canaan 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

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