Western Springs Federal Credit Union Western Springs, Illinois
Western Springs Federal Credit Union is a federal credit union headquartered in Western Springs, IL, established in 1960 (NCUA charter 13481), and it is regulated and insured by the NCUA. At Q2 2026 it reported 477 members and total assets of $3.9M (up 5.0% from Q2 2025), the 146th largest of 185 credit unions headquartered in Illinois. Its net worth ratio was 18.19% at Q2 2026, in the well capitalized band.
Also written as Western Springs FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 13481
- Headquarters
- Western Springs, IL
- Established
- 1960
- Total assets, Q2 2026
- $3.9M
- Assets vs Q2 2025
- +5.0%
- Members, Q2 2026
- 477
- Net worth ratio, Q2 2026
- 18.19%
- Latest call report
- Q2 2026, NCUA 5300 · Western Springs Federal Credit Union call report
- Asset rank in state
- 146th of 185 in Illinois
- Routing number
- 271992578
- Branches
- 1
It has 10 more members than on June 30, 2025 (+2.1%). Its net worth ratio was up 0.72 percentage points from 17.47% on June 30, 2025. New vehicle loans are its largest loan category, $928K of $1.5M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.46% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 18.19% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Illinois
Frequently asked about Western Springs Federal Credit Union
How big is Western Springs Federal Credit Union?
At Q2 2026 it reported total assets of $3.9M and 477 members.
Where is Western Springs Federal Credit Union headquartered?
It is headquartered in Western Springs, IL, United States.
When was Western Springs Federal Credit Union founded?
It was established in 1960, per NCUA records.
Is Western Springs Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 13481): 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 Western Springs Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Western Springs Federal Credit Union well capitalized?
Its net worth ratio was 18.19% 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 Western Springs Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.46% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Western Springs Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 47.70% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Western Springs, IL 60558
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1960
- NCUA Charter #
- 13481
- RSSD ID
- 726588
- Members
- 477
- Potential members
- 1,300
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 3 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 18.19% | 14.31% | 69th above |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.98% | 0.72% | over 90th top |
| Return on equity Middle half of peers: 1.04% to 8.69% | 10.87% | 4.74% | 84th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.94% | 3.93% | 51st above |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 50.23% | 79.83% | over 90th top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.48% | 0.78% | 68th above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.46% | 0.86% | 69th above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.43% | 4.70% | 36th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 47.70% | 58.92% | 33rd position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$3.9M total assets against $3.7M; $3.2M total shares and deposits against $3.1M; $1.5M total loans against $1.5M.
$714K net worth against $654K.
18.19% net worth ratio against 17.47%.
47.70% loan-to-share ratio against 48.97%.
0.46% delinquency ratio against 2.21%.
1.98% return on assets against 2.23%; 10.87% return on equity against 12.78%.
3.94% net interest margin against 4.12%.
477 members against 467.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 18.19% | 1.98% | 0.46% | 47.70% |
| March 31, 2026 | 17.81% | 1.80% | 0.46% | 45.25% |
| December 31, 2025 | 17.37% | 1.72% | 0.35% | 46.28% |
| September 30, 2025 | 17.21% | 0.73% | 2.25% | 49.65% |
| June 30, 2025 | 17.47% | 2.23% | 2.21% | 48.97% |
| March 31, 2025 | 17.37% | -1.11% | — | 54.80% |
Scroll sideways to see every column.
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.