AREA EDUCATIONAL Credit Union Profile

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AREA EDUCATIONAL

Charter #62500 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (217) 234-7817

Fax: (217) 235-2780

Founding Date: N/A

Website: http://www.myaecu.com

Personnel & Operations

President: COFFMAN, JAMES

Manager: FEARN, KERRY

FT Employees: 4

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: MONDAY - FRIDAY 10 TO 5:30, SATURDAY 9 TO N

Credit Union Profile Summary

AREA EDUCATIONAL is a FISCU Credit Union. With a total of 2,336 members [1], this institution manages approximately $32,077,693 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 20.72% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.97% [1].

Financial Snapshot

Total Assets [1]
$32,077,693

Total economic resources.

Total Loans [1]
$13,469,055

Total value of outstanding loans.

Total Deposits [1]
$25,399,921

Total funds deposited by members.

Members [1]
2,336

Number of active members.

Performance Ratios

Net Worth Ratio [1]
20.72%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.44%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
53.03%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 6.02%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -2.97%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -1.02%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

812 CHARLESTON AVE

MATTOON, IL, 61938
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by AREA EDUCATIONAL (Charter #62500).

Main Office

AREA EDUCATIONAL CREDIT UNION Main Office

Type: Corporate Office

812 CHARLESTON AVE

Mattoon, IL 61938

Phone: (217) 234-7817

Services: Member Services, Drive-Thru

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