Area Educational
Area Educational is a credit union based in Mattoon, Illinois, established in 1960, with $33 million in total assets serving 2,325 members. By Trust Grade it ranks 28th of 188 credit unions we track in Illinois. Its net worth ratio of 20.4% is stronger than 79% of similarly sized credit unions, versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 1.50% return on assets. No consumer complaints against Area Educational appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Area Educational compares to Illinois peers
How we graded Area Educational
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (20.4% capital ratio)
- Strongly profitable (ROA 1.50%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Area Educational over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Area Educational insured?
Yes. Area Educational is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Area Educational: frequently asked questions
Is Area Educational a good credit union?
Area Educational earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (20.4% capital ratio); Strongly profitable (ROA 1.50%).
Is Area Educational NCUA-insured?
Yes. Area Educational is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Area Educational?
Area Educational holds $33 million in total assets, ranking 28th of 188 credit unions we track in Illinois. It serves 2,325 members.
Does Area Educational have CFPB complaints?
No CFPB complaints against Area Educational appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
