Credit union · NCUA insured
Illinois Educators CU Savings Rates
Top CarrotIllinois Educators CU’s best savings rate is 1.16% APY on $10,000, with its Money Market. Rates checked October 17, 2026.
How Illinois Educators CU’s savings rates compare
Compared with banks and credit unions near Springfield, IL, where Illinois Educators CU has the most branches. $10,000, best rate first.
This credit union’s best
Illinois Educators CU
1.16%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $116
Money Market
Top rate
INB
3.45%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $345
2nd-highest rate
CEFCU
2.40%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $240
Illinois Educators CU savings score
87
Savings score
Higher than 78% of U.S. banks and credit unions
- $1,000 balance$1,0001.16%
- $10,000 balance$10,0001.16%
- $100,000 balance$100,0002.27%
- QualifiedQualified1.16%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Illinois Educators CU ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market
1.16%APY
*APR=Annual Percentage Rate.**APY=Annual Percentage Yield. All rates subject to change without notice. Rates, terms and conditions vary based on qualifications and collateral. Federally insured by NCUA. Regular Shares are Compounded Daily and Paid Quarterly. Christmas Club is compounded Daily and Paid Annually on October 15. Certificates are compounded Daily and Paid Monthly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1,000 – $24,999 | 1.16% | $116 |
| $25,000 and up | 2.27% | — |
Sources (1)
- iecumember.org/savings-rates · captured Oct 16, 2026
Regular Shares
0.10%APY
Regular Shares are Compounded Daily and Paid Quarterly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.10% | $10 |
Special-purpose accounts
Holiday Club
0.10%APY
Funds set aside until October 15th when they are deposited into the IECU account of your choice. Christmas Club is compounded Daily and Paid Annually on October 15.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upCompounded daily and paid annually on October 15$5 and up | 0.10% | $10 | Compounded daily and paid annually on October 15 |
Travel Club
0.10%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.10% | $10 |
Sources (1)
- iecumember.org/savings-rates · captured Oct 16, 2026
Who can join Illinois Educators CU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Open to individuals employed by Horace Mann Companies, Illinois Education Association (IEA/NEA), or subsidiaries and affiliates of IEA/NEA.
Military, government and schools
- Open to employees, retired employees, current students, and alumni of any school in Sangamon, Menard, Morgan, Cass, Brown, Adams, Pike, Ford, Champaign, and Scott County, Illinois.
Family and household
- Open to immediate family members of current members.
Cost to join
- A minimum deposit of $5.00 is required to establish membership.
Membership information collected October 5, 2026.