Mercer Credit Union

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A short history of Mercer CU

Since its inception in 1969 the Mercer Credit Union has been serving its members in the Aledo, 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 Vickie Korns, the Mercer CU has grown its membership to over 545 with assets of more than $2,524,049. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (309) 582-2005 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 Aledo, IL.

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

Charter Number 65995
Address 100 S.E. 3rd Ave 
City Aledo 
State Illinois 
Zip-Code 61231
Phone Number (309) 582-2005
Fax Number (309) 582-2005
Email Address:
CEO/President Vickie Korns
Members 545 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 2,524,049 

Compare Mercer Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Vibrant CU Vibrant Community Credit Union 2445 Valley West Drive 52732 (309) 796-7500 No 21.53
Quad Cities Postal CU Quad Cities Postal Credit Union 4502 27th St 61265 (309) 797-1414 No 21.97
Kone Employees CU KONE ECU 4502 27th St Ste K 61265 (309) 736-6461 No 22.04
Deere Employees CU PDC - Milan 1600 1st Ave E 61264 (309) 743-1118 No 22.73
Gas And Electric CU RID Branch Office Rock Island Arsenal 61204 (309) 794-5431 No 22.91

Mercer Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Mercer 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 2.69 4.49 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 107 263 N/A N/A
Rank Among All Illinois Credit Unions N/A 31 64 N/A N/A

Mercer Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.30 N/A 0.90 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 88 N/A 190 N/A
Rank Among All Illinois Credit Unions N/A 22 N/A 29 N/A
Mercer Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.99066191,419
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.69051847,164
Used Vehicle Loans 4.49097887,910
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 4.49019109,033
TOTAL LOANS & LEASES 2332,035,526

Mercer 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

Mercer Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending No
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