Central Illinois Credit Union

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A short history of Central Illinois CU

Since its inception in 1948 the Central Illinois Credit Union has been serving its members in the champaign, 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 cheryl merkel, the Central Illinois CU has grown its membership to over 3,533 with assets of more than $17,792,610. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (217) 356-9721 or email them at cmerkel@cicu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in champaign, IL.

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

Charter Number 65186
Address 2106 w john st 
City champaign 
State Illinois 
Zip-Code 61821
Phone Number (217) 356-9721
Fax Number (217) 356-0044
Email Address: cmerkel@cicu.com
CEO/President cheryl merkel
Members 3,533 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 17,792,610 
Website http://www.cicu.com 

Compare Central Illinois Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Champaign Postal CU Champaign Postal Credit Union 2001 N Mattis Ave 61826 (217) 398-6086 No 0.49
Champaign County School Employees CU Champaign County Schools Employees Credit Union 1201 S Mattis Ave 61821 (217) 351-3100 No 0.59
University Of Illinois Community CU First Street Office 2201 S 1ST ST 61824 (217) 278-7700 No 2.76
Clifford-jacobs Employees CU CLIFFORD JACOBS EMPLOYEE CREDIT UNION 2410 N 5th St 61824 (217) 356-0081 No 3.28
Carle Employees CU CARLE EMPLOYEES FEDERAL CREDIT UNION 709 W UNIVERSITY AVE 61801 (217) 383-3097 No 3.29

Central Illinois Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Central Illinois 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 11.75 4.39 4.39 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 398 328 250 N/A N/A
Rank Among All Illinois Credit Unions 48 88 61 N/A N/A

Central Illinois Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 N/A 0.20 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 125 143 N/A 318 N/A
Rank Among All Illinois Credit Unions 20 39 N/A 58 N/A
Central Illinois Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.750179266,576
All Other Unsecured Loans/Lines of Credit 10.900346526,945
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.390891,725,932
Used Vehicle Loans 4.3904855,295,094
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 4.39057333,869
TOTAL LOANS & LEASES 1,1568,148,416

Central Illinois 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 0000
    b. 15 Years or less 0000
    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


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


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

Central Illinois 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 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 No
Home Banking Via Internet Website Yes