Financial Plus Credit Union

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A short history of Financial Plus CU

Since its inception in 1951 the Financial Plus Credit Union has been serving its members in the OTTAWA, 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 Timothy O'Donnell, the Financial Plus CU has grown its membership to over 33,531 with assets of more than $315,728,904. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (815) 433-1496 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OTTAWA, IL.

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

Charter Number 61231
Address 800 CHESTNUT ST. 
State Illinois 
Zip-Code 61350
Phone Number (815) 433-1496
Fax Number (815) 433-0065
Email Address:
CEO/President Timothy O'Donnell
Members 33,531 
Full-Time Employees 79 
Part-Time Employees
Number of Branch Offices
Total Assets 315,728,904 

Compare Financial Plus Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
First Choice CU First Choice Credit Union 311 E Joliet St 61350 (815) 434-5860 No 1.37
Ottawa Hiway CU Ottawa Hiway Credit Union 700 E Norris Dr 61350 (815) 434-8475 No 1.61
Anco Community CU American Nickeloid ECU 154 3rd St 61301 (815) 223-8410 No 12.72
Illinois Valley CU Illinois Valley Credit Union 2107 Marquette Rd 61354 (815) 224-2666 No 13.50
Peru Municipal CU MAIN OFFICE 4005 PLANK RD 61354 (815) 223-0044 No 13.73

Financial Plus Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Financial Plus 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 11.95 1.99 5.64 4.50 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 408 34 402 205 168
Rank Among All Illinois Credit Unions 53 9 91 39 32

Financial Plus 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 0.25 0.30 0.30
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 129 105 302 259
Rank Among All Illinois Credit Unions N/A 34 19 55 39
Financial Plus Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9504,2177,064,892
All Other Unsecured Loans/Lines of Credit 11.9503,80715,386,397
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9901,20021,513,499
Used Vehicle Loans 5.6406,07273,828,751
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.50073247,686,784
Total Other Real Estate Loans/Lines of Credit 4.50046414,243,524
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 0.0007837,668,902
TOTAL LOANS & LEASES 17,275187,392,749

Financial Plus 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 49938,646,153252,530,404
    b. 15 Years or less 2138,118,9466717,435
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 20921,68500
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 9202,00000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 45514,041,5241621,076,130
Open-End Fixed Rate 0000
TOTALS 1,19661,930,3081934,323,969


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

Financial Plus Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
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