| Credit Union Charter #60346

Redbrand

Illinois JSON

Institution Profile

Address: P.O. Box 4128 Bartonville, IL 61607

(309) 697-1447

Website:

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NCUA Profile:

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Charter Date:

1/1/1952

Charter Type:

State

Branches:

2

Branches by Region
IL 2

Financial Overview

Total Assets
$73.80M
Total Deposits
$64.62M
Total Loans
$39.48M
Members
7,314
Employees
22 17 Full-time / 5 Part-time
Allowance for Loan Losses
$424,850

Performance Ratios

Net Worth Ratio
12.42%
Loan-to-Deposit Ratio
61.10%
Coverage Ratio
1.08% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +18.25% Total Deposits: +13.93% Total Loans: +27.10% since 2020 Q1

Member Growth

Member Growth

Members: -5.06% since 2020 Q1

Employee Growth

Employee Growth

Employees: -21.43% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
1,649
Amount This Year (YTD)
$21.43M

Number of Loans per Quarter

Loans Granted: +124.31% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +80.75% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

Used Vehicle
$18.88M 47.8%
New Vehicle
$8.92M 22.6%
Other Secured
$4.78M 12.1%
1st Mortgages
$3.35M 8.5%
HELOCs
$2.02M 5.1%
Other Unsecured
$1.54M 3.9%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 7,314 $73.80M $64.62M $39.48M 22
2025 Q3 7,410 $72.94M $63.06M $39.93M 23
2025 Q2 7,295 $73.31M $64.56M $35.68M 23
2025 Q1 7,269 $74.46M $65.94M $35.28M 23
2024 Q4 7,237 $72.09M $63.30M $35.67M 24
2024 Q3 7,318 $74.37M $64.87M $38.06M 22
2024 Q2 7,282 $75.59M $66.73M $35.15M 21
2024 Q1 7,332 $77.40M $69.57M $35.75M 21
2023 Q4 7,325 $74.64M $66.90M $36.05M 21
2023 Q3 7,423 $74.85M $67.27M $36.24M 19
2023 Q2 7,426 $77.40M $70.23M $35.57M 20
2023 Q1 7,397 $79.26M $72.24M $34.01M 23
2022 Q4 7,371 $75.72M $68.39M $32.07M 24
2022 Q3 7,413 $77.74M $70.68M $31.03M 24
2022 Q2 7,451 $77.68M $71.07M $31.01M 24
2022 Q1 7,464 $78.17M $71.35M $30.52M 25
2021 Q4 7,472 $74.66M $67.70M $30.76M 27
2021 Q3 7,555 $73.92M $67.06M $30.91M 27
2021 Q2 7,588 $75.48M $68.73M $30.11M 26
2021 Q1 7,564 $76.98M $70.26M $28.64M 27
2020 Q4 7,601 $68.04M $62.25M $29.01M 27
2020 Q3 7,631 $65.85M $60.21M $29.32M 29
2020 Q2 7,672 $66.18M $60.49M $29.99M 26
2020 Q1 7,704 $62.41M $56.72M $31.06M 28

Interest Rates

Current average rates by loan type

New Vehicle
5.00%
Used Vehicle
6.00%
1st Mortgage (Fixed)
5.10%
HELOC
6.40%
Other Unsecured
10.00%