Membersalliance Credit Union

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A short history of Membersalliance CU

Since its inception in 1938 the Membersalliance Credit Union has been serving its members in the Rockford, 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 Sio, the Membersalliance CU has grown its membership to over 19,492 with assets of more than $188,726,924. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (815) 226-2260 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Rockford, IL.

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

Charter Number 81402
Address 2550 S Alpine 
City Rockford 
State Illinois 
Zip-Code 61108
Phone Number (815) 226-2260
Fax Number (815) 226-4959
Email Address: none
CEO/President Cheryl Sio
Members 19,492 
Full-Time Employees 75 
Part-Time Employees
Number of Branch Offices
Total Assets 188,726,924 

Compare Membersalliance Credit Union To Other Local Credit Unions

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Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
St. Anthony Hospital Employee CU St. Anthony Hospital Employees Federal 5510 E State St 61125 (815) 395-5146 No 0.83
Generations CU Harrison Ave-Main Office 5618 Harrison Ave 61108 (815) 316-2900 No 1.28
Swedish American CU SwedishAmerican Federal Credit Union 1401 E State St 61104 (815) 489-4096 No 3.79
Rockford Bell CU MT. MORRIS 4 E Main St 61054 (815) 734-6427 No 4.82
Rock Valley CU Loves Park 1201 Clifford Ave 61111 (815) 877-0441 No 4.86

Membersalliance Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Membersalliance 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 8.90 3.50 4.00 3.13 4.88
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 209 203 38 215
Rank Among All Illinois Credit Unions 15 64 54 7 44

Membersalliance Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.17 0.20 0.05
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 143 122 318 291
Rank Among All Illinois Credit Unions N/A 39 23 58 50
Membersalliance Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9005,53511,994,804
All Other Unsecured Loans/Lines of Credit 9.0001,1513,649,735
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.75039501,186
New Vehicle Loans 3.50049812,571,116
Used Vehicle Loans 4.0002,98735,400,178
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.13037726,626,902
Total Other Real Estate Loans/Lines of Credit 4.8803668,009,059
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.75070614,660,901
TOTAL LOANS & LEASES 11,659113,413,881

Membersalliance 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 403,386,19791,058,877
    b. 15 Years or less 32021,305,044121,004,540
    a. > 15 years 151,870,77500
    b. 15 Years or less 157,46000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 17,42600
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 2206,024,5966192,790
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1461,984,463127500,737
Open-End Fixed Rate 0000
TOTALS 74334,635,9611542,756,944


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

Membersalliance Credit Union Member Offerings
First Time Homebuyer Program Yes
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 No
Home Banking Via Internet Website Yes