Smartchoice Credit Union Spring Valley, Illinois
Smartchoice Credit Union is a state-chartered credit union headquartered in Spring Valley, IL, established in 1957 (NCUA charter 64731), and it is regulated and insured by the NCUA. At Q2 2026 it reported 242 members and total assets of $787K (down 3.3% from Q2 2025), the 168th largest of 185 credit unions headquartered in Illinois. Its net worth ratio was 30.27% at Q2 2026, in the well capitalized band.
Also written as Smartchoice CU
BankRegReports is independent of Smartchoice Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 64731
- Headquarters
- Spring Valley, IL
- Established
- 1957
- Total assets, Q2 2026
- $787K
- Assets vs Q2 2025
- -3.3%
- Members, Q2 2026
- 242
- Net worth ratio, Q2 2026
- 30.27%
- Latest call report
- Q2 2026, NCUA 5300 · Smartchoice Credit Union call report
- Asset rank in state
- 168th of 185 in Illinois
- Routing number
- 271985734
- Branches
- 1
It has 10 fewer members than on June 30, 2025 (-4.0%). Its net worth ratio was up 1.13 percentage points from 29.14% on June 30, 2025. Used vehicle loans are its largest loan category, $255K of $514K in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.07% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 30.27% net worth ratio is above that band's 14.31% median.
Credit unions merged into Smartchoice Credit Union
Nail Workers Credit Union (2014)
Frequently asked about Smartchoice Credit Union
How big is Smartchoice Credit Union?
At Q2 2026 it reported total assets of $787K and 242 members.
Where is Smartchoice Credit Union headquartered?
It is headquartered in Spring Valley, IL, United States.
When was Smartchoice Credit Union founded?
It was established in 1957, per NCUA records.
Is Smartchoice Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 64731): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Smartchoice Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Smartchoice Credit Union well capitalized?
Its net worth ratio was 30.27% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Smartchoice Credit Union's delinquency ratio?
Its delinquency ratio was 1.07% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Smartchoice Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 93.80% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Spring Valley, IL 61362
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1957
- NCUA Charter #
- 64731
- RSSD ID
- 852692
- Members
- 242
- Potential members
- 500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 4 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 30.27% | 14.31% | over 90th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.40% | 0.72% | 36th below |
| Return on equity Middle half of peers: 1.04% to 8.69% | 1.33% | 4.74% | 27th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | not on file | 3.93% | not on file |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | not on file | 79.83% | not on file |
| Cost of funds Middle half of peers: 0.37% to 1.23% | not on file | 0.78% | not on file |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 1.07% | 0.86% | 45th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.64% | 4.70% | 47th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 93.80% | 58.92% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$787K total assets against $814K; $548K total shares and deposits against $574K; $514K total loans against $635K.
$238K net worth against $237K.
30.27% net worth ratio against 29.14%.
93.80% loan-to-share ratio against 110.73%.
1.07% delinquency ratio against 9.48%.
0.40% return on assets against 1.18%; 1.33% return on equity against 4.06%.
242 members against 252.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 30.27% | 0.40% | 1.07% | 93.80% |
| March 31, 2026 | 30.97% | 0.75% | 0.36% | 104.87% |
| December 31, 2025 | 29.38% | -1.55% | 4.04% | 94.02% |
| September 30, 2025 | 29.81% | 0.65% | 5.18% | 105.69% |
| June 30, 2025 | 29.14% | 1.18% | 9.48% | 110.73% |
| March 31, 2025 | 29.49% | 1.99% | 5.48% | 114.07% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.