Credit union · NCUA insured
Credit Union 1 Carrot Score
Top CarrotA $2.6B credit union, the 201st largest of 4,329, headquartered in Lombard, IL, with 167,836 members and 42 branches in 9 states.
Credit Union 1 Carrot Score
Carrot ScoreTop Carrot
Higher than 78% of U.S. banks and credit unions
- CDs79
- Savings89
- Auto loans85
- Credit cardsNot scored
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where Credit Union 1 ranks
By Carrot score, in each area where it has branches
- #30 of 124Chicago-Naperville-Elgin, IL-IN metro18
- #4 of 23St. Cloud, MN metro6
- #6 of 22South Bend-Mishawaka, IN-MI metro4
- #16 of 60Atlanta-Sandy Springs-Roswell, GA metro3
- #3 of 17Ottawa, IL metro2
- #19 of 97Minneapolis-St. Paul-Bloomington, MN-WI metro1
And 17 more areas
- #13 of 54Milwaukee-Waukesha, WI metro1
- #10 of 31Las Vegas-Henderson-North Las Vegas, NV metro1
- #6 of 27North Port-Bradenton-Sarasota, FL metro1
- #5 of 22Springfield, IL metro1
- #3 of 21Champaign-Urbana, IL metro1
- #4 of 11Minot, ND metro1
- #4 of 11Niles, MI metro1
- #2 of 3Summerville, GA metro1
- #55 of 281Illinois21
- #34 of 172Minnesota7
- #30 of 159Indiana5
- #25 of 96Georgia4
- #66 of 199Michigan1
- #44 of 196Wisconsin1
- #52 of 182Florida1
- #11 of 47North Dakota1
- #11 of 40Nevada1
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
79beats 48% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.85% | 77% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 3.70% | 50% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 3.00% | 35% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 3.00% | 44% | 3.05% | 3.65% | 4.07% |
| Qualified | 3.85% | 49% | 3.85% | 4.15% | 4.35% |
Best rates 63.4 · all terms 49.6 → 57.9 → 79
Savings
89top 11% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 2.00% | 92% | 0.20% | 0.50% | 1.51% |
| $10,000 | 2.00% | 88% | 0.50% | 1.15% | 2.20% |
| $100,000 | 2.00% | 74% | 1.00% | 2.01% | 2.93% |
| Qualified | 2.00% | 85% | 0.60% | 1.31% | 2.43% |
Best rates 86.5 · all balances 85.3 → 86.0 → 89
Auto loans
85top 30% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 4.39%counts as 4.64% | 78% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 5.40% | 49% | 5.39% | 4.99% | 4.49% |
Best rates 78.0 · all vehicles 63.6 → 72.2 → 85
Credit cards
Not scoredWhere the score could improve
- Auto loans, Used vehicle4.99%5.40% today, lower than 49% of U.S. institutions. 4.99% would reach the top quarter; 4.49% the top 10%.
- Savings, $100,0002.01%2.00% today, higher than 74% of U.S. institutions. 2.01% would reach the top quarter; 2.93% the top 10%.
- CDs, 16-30 months3.85%3.00% today, higher than 35% of U.S. institutions. 3.85% would reach the top quarter; 4.20% the top 10%.
- To score in the 90sIts CDs already have a rate near the best in the country (3.85% at 3-8 months); its other CDs rates need to rank near the top too, so the weaker ones above matter most.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How Credit Union 1 got its score
Its products stand at 86.0 for savings, 72.2 for auto loans and 57.9 for CDs, out of 100. Its best two, savings and auto loans, average 79.1. Publishing three products adds 1.5, for 80.6. That puts it in the top 22% nationally: a Carrot Score of 87, a Top Carrot.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.