#419 of 500 · Member & Benefit Funds

Citizens Equity First Credit Union

EIN 37-6028123 · IL · NTEE W61 · Form 990, fiscal 2023

A member-owned, not-for-profit financial cooperative founded in 1937 to serve Caterpillar employees. It now serves over 400,000 members with roughly $7.9 billion in assets, offering savings and checking accounts, loans, mortgages and investment services through member centers across central Illinois and the California Bay Area, returning earnings via better rates and lower fees.

Financials, fiscal 2023

Revenue

$367.7M

Expenses

$319.1M

Total assets

$7.46B

Net assets

$790.1M

Operating margin

13.2%

1-year growth

26.1%

5-year growth (CAGR)

6.9%

Reserve (years of spending)

29.7

Contributions share

n/a

Programme spending

89.3%

Fundraising cost

n/a

Executive pay share

0.96%

Employees

1,220

Revenue per employee

$301K

Grants paid

n/a

Years filing

22

NFP Health Score: 72 / 100

Financial 63 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To help members improve their financial well-being through quality service and products, guided by the philosophy of People Helping People.

Revenue history