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Area Educational Credit Union

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Area Educational Credit Union Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Area Educational Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 13, 2026

Area Educational Credit Union's top rate as of October 13, 2026 is personal loans from 12.00% APR, according to rates verified by MonitorBankRates. MonitorBankRates evaluates the financial stability of Area Educational Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.62%. Rates last updated and verified on 10/13/2026.

Area Educational Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Area Educational Credit Union? Share your experience about Area Educational Credit Union by leaving a review below, or read customer reviews before you decide to use Area Educational Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.62%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Area Educational Credit Union
AREA EDUCATIONAL CREDIT UNION

812 CHARLESTON AVE
MATTOON, IL 61938

https://www.myaecu.com

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Area Educational Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loan - Used Cars: 2025 - 2026	-	-	3.90%	36 months
Details Valuation: NADA Trade-in Value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 3.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	3.90%	36 months
Details Up to retail value (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 3.90% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	4.50%	24 months
Details Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	4.50%	36 months
Details Valuation: Up to retail value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	4.50%	48 months
Details Valuation: NADA Trade-in Value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.50%	36 months
Details Up to 120% of Retail (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.50%	48 months
Details Up to retail value (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.50%	60 months
Details Down Payment: 20% Down (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	4.90%	24 months
Details Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	4.90%	36 months
Details Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	4.90%	36 months
Details Valuation: Up to 120% of Retail; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	4.90%	48 months
Details Valuation: Up to retail value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	4.90%	60 months
Details Valuation: NADA Trade-in Value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.90%	48 months
Details Up to 120% of Retail (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.90% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.90%	60 months
Details Up to retail value (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.90% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	4.90%	72 months
Details Down Payment: 20% Down (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 4.90% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	5.50%	24 months
Details Model Year: 2020 - 2022; Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.50%	24 months
Details Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.50%	36 months
Details Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.50%	48 months
Details Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	5.50%	48 months
Details Valuation: Up to 120% of Retail; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	5.50%	60 months
Details Valuation: Up to retail value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	5.50%	72 months
Details Valuation: NADA Trade-in Value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	5.50%	60 months
Details Up to 120% of Retail (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 5.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	5.50%	72 months
Details Up to retail value (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 5.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	5.90%	24 months
Details Model Year: 2020 - 2022; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	5.90%	36 months
Details Model Year: 2020 - 2022; Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.90%	36 months
Details Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.90%	48 months
Details Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	5.90%	60 months
Details Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	5.90%	60 months
Details Valuation: Up to 120% of Retail; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	5.90%	72 months
Details Valuation: Up to retail value; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
New Cars Loan	-	-	5.90%	72 months
Details Up to 120% of Retail (rates as of 03/18/2026) Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 5.90% APR · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	6.50%	24 months
Details Model Year: 2020 - 2022; Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	6.50%	36 months
Details Model Year: 2020 - 2022; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	6.50%	48 months
Details Model Year: 2020 - 2022; Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	6.50%	48 months
Details Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	6.50%	60 months
Details Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2025 - 2026	-	-	6.50%	72 months
Details Valuation: Up to 120% of Retail; rates as of 03/18/2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	6.90%	24 months
Details Used Cars: 2013 - 2019; Value basis: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	6.90%	36 months
Details Model Year: 2020 - 2022; Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	6.90%	48 months
Details Model Year: 2020 - 2022; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars: 2023 - 2024	-	-	6.90%	60 months
Details Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	6.90%	24 months
Details Model Year: 2013 - 2019; Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	7.50%	24 months
Details Used Cars: 2013 - 2019; Value basis: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	7.50%	36 months
Details Used Cars: 2013 - 2019; Value basis: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2020 - 2022	-	-	7.50%	48 months
Details Model Year: 2020 - 2022; Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	7.50%	24 months
Details Model Year: 2013 - 2019; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	7.50%	36 months
Details Model Year: 2013 - 2019; Valuation: NADA trade-in value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	7.90%	24 months
Details Used Cars: 2013 - 2019; Value basis: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	7.90%	36 months
Details Used Cars: 2013 - 2019; Value basis: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	7.90%	24 months
Details Model Year: 2013 - 2019; Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	7.90%	36 months
Details Model Year: 2013 - 2019; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Auto Loan - Used Cars 2013-2019	-	-	8.50%	36 months
Details Used Cars: 2013 - 2019; Value basis: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 8.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Used Auto Loan (2013 - 2019)	-	-	8.50%	36 months
Details Model Year: 2013 - 2019; Valuation: Up to 120% of Retail Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 8.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%

Area Educational Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Powersports Loan - New	-	5.50%	36 months
Details 20% Down Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - New	-	5.90%	36 months
Details Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - New	-	5.90%	48 months
Details 20% Down Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	5.90%	36 months
Details NADA Trade-in Value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 5.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - New	-	6.50%	48 months
Details Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - New	-	6.50%	60 months
Details 20% Down Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2023-2024	-	6.50%	24 months
Details Collateral Value: NADA Trade-in Value; Model Year: 2023 - 2024 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	6.50%	36 months
Details Up to retail value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	6.50%	48 months
Details NADA Trade-in Value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - New	-	6.90%	60 months
Details Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2023-2024	-	6.90%	24 months
Details Collateral Value: Up to retail value; Model Year: 2023 - 2024 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2023-2024	-	6.90%	36 months
Details Collateral Value: NADA Trade-in Value; Model Year: 2023 - 2024 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	6.90%	48 months
Details Up to retail value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	6.90%	60 months
Details NADA Trade-in Value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2023-2024	-	7.50%	36 months
Details Collateral Value: Up to retail value; Model Year: 2023 - 2024 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2023-2024	-	7.50%	48 months
Details Collateral Value: NADA Trade-in Value; Model Year: 2023 - 2024 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used 2025-2026	-	7.50%	60 months
Details Up to retail value; Used: 2025 - 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2020 - 2022	-	7.50%	24 months
Details Used: 2020 - 2022; Value basis: NADA Trade-in Value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan	-	7.90%	60 months
Details Used: 2023 - 2024; NADA Trade-in Value Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 7.90% APR · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan	-	7.90%	48 months
Details Used: 2023 - 2024; Up to retail value Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 8.90% → 7.90% ▼ 1.00 pts · high 8.90% / low 7.90% Sep 18, 20267.90%▼ from 8.90% Sep 14, 20268.90%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan	-	8.50%	60 months
Details Used: 2023 - 2024; Up to retail value Last Updated 10/13/2026 Rate History No change since Sep 18, 2026 · 8.50% APR · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2013 - 2019	-	8.90%	24 months
Details Used: 2013 - 2019; Valuation: NADA Trade-in Value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 8.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2020 - 2022	-	8.90%	48 months
Details Used: 2020 - 2022; Value basis: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 8.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2013 - 2019	-	9.50%	24 months
Details Used: 2013 - 2019; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 9.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2013 - 2019	-	9.50%	36 months
Details Used: 2013 - 2019; Valuation: NADA Trade-in Value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 9.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Powersports Loan - Used: 2013 - 2019	-	9.90%	36 months
Details Used: 2013 - 2019; Valuation: Up to retail value Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 9.90% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%

Area Educational Credit Union Personal Loan Rates

Product	APR	Term
Personal Loan	12.00%	Up to 24 months
Details APR = Annual Percentage Rate; Rate: 12% APR Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 12.00% APR · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%
Personal Loan	13.50%	25-36 months
Details APR = Annual Percentage Rate; Rate: 13.5% APR Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 13.50% APR · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.62%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Area Educational Credit Union’s Texas Ratio fell from 2.95% in Q3 2023 to 1.62% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$34M	1.62%	5.0	A+
March 31, 2026	$33M	0.44%	5.0	A+
December 31, 2025	$32M	1.04%	5.0	A+
September 30, 2025	$32M	0.93%	5.0	A+
June 30, 2025	$32M	1.03%	5.0	A+
March 31, 2025	$32M	1.72%	5.0	A+
December 31, 2024	$30M	2.24%	5.0	A+
September 30, 2024	$30M	4.07%	5.0	A+
June 30, 2024	$30M	2.82%	5.0	A+
March 31, 2024	$30M	3.08%	5.0	A+
December 31, 2023	$30M	2.64%	5.0	A+
September 30, 2023	$30M	2.95%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Area Educational Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Area Educational Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Area Educational Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Area Educational Credit Union

Website https://www.myaecu.com

Address 812 CHARLESTON AVE, MATTOON, IL 61938

Phone 217-234-7817

Fax 217-235-2780

President JAMES COFFMAN

CEO KERRY FEARN

Full-Time Employees 2

Part-Time Employees 3

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.62%

Return on Assets (ROA)

0.6710%

Return on Equity (ROE)

3.2967%

Non-Performing Loans Ratio (NPL)

0.92%

Total Assets

33,746,197

Total Amount of Shares and Deposits

26,842,007

Total Shares and Deposits < 1 Year

26,842,007

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

274,663

Total Uninsured Shares and Deposits > $250K (F+J)

274,663

Total Insured Shares and Deposits > $250K (item 17 less item K)

26,567,344

Total Interest Expense (Sum of items 6 8)

260,239

IRA KEOGH Accounts

Number of Accounts for Regular Shares

2,511

Net Income (unless the amount is already included in Undivided Earnings)

226,443

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

5,701,469

Total Liabilities

26,877,416

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Area Educational Credit Union earned the Verified Healthy badge

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Frequently Asked Questions About Area Educational Credit Union

How many branches does Area Educational Credit Union operate?

Area Educational Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Area Educational Credit Union?

Yes, to access services at Area Educational Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Area Educational Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Area Educational Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Area Educational Credit Union offer online and mobile banking?

Most modern institutions like Area Educational Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.myaecu.com.