First Illinois Credit Union

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A short history of First Illinois CU

Since its inception in 1951 the First Illinois Credit Union has been serving its members in the DANVILLE, 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 John Hegg, the First Illinois CU has grown its membership to over 8,636 with assets of more than $50,209,307. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (217) 446-2125 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 DANVILLE, IL.

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

Charter Number 61284
Address 323 N. GILBERT STREET 
State Illinois 
Zip-Code 61832
Phone Number (217) 446-2125
Fax Number (217) 446-1195
Email Address:
CEO/President John Hegg
Members 8,636 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 50,209,307 

Compare First Illinois Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Landmark CU Eastgate Facility 176 Eastgate Ct 61834 (217) 442-5690 No 0.40
Education Personnel CU Education Personnel Federal Credit Union 1102 N Walnut St 61832 (217) 446-0777 No 0.81
Lauhoff Employees CU Vital Records 503 Monterey St 61832 60334 No 1.23
New Horizon CU NEW HORIZON CREDIT UNION 1019 E FAIRCHILD ST 61832 (217) 431-4204 No 1.92
Tee-pak CU Main Branch 1035 E Main St 61832 (217) 477-4428 No 2.08

First Illinois Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

First 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 9.99 2.25 2.25 4.75 6.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 57 36 238 412
Rank Among All Illinois Credit Unions 30 16 10 41 63

First Illinois 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 0.30 0.50 0.75
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 97 263 192
Rank Among All Illinois Credit Unions N/A 34 16 47 22
First Illinois Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9908261,144,644
All Other Unsecured Loans/Lines of Credit 12.5005201,205,701
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2504319,021,774
Used Vehicle Loans 2.2507086,448,502
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.7502118,125,610
Total Other Real Estate Loans/Lines of Credit 6.75012126,029
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.5001811,823,423
TOTAL LOANS & LEASES 2,88927,895,683

First 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 573,574,3134213,400
    b. 15 Years or less 1544,551,29712373,250
    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 12126,02900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 2238,251,63916586,650


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

First Illinois Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
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