Taylorville Community Credit Union

What Taylorville Community Credit Union does

Taylorville Community Credit Union (TCCU) is a federally chartered, member-owned credit union founded in 1956 in Taylorville, Illinois, and operating four branches across Christian, Montgomery, and Shelby Counties. It serves individuals who live or work in those counties plus a secondary segment of small local business owners, offering a full retail banking product set: share savings, free and premier checking, share certificates, debit and Visa credit cards, vehicle and motorcycle loans, boat/RV and equipment loans, mortgages, personal loans, and member business loans. All deposits are federally insured by the NCUA up to $250,000, and the institution holds a BauerFinancial 5-Star rating for financial strength.

Revenue is generated primarily through net interest income on the loan portfolio (vehicle loans at 4.79% APR and up, personal loans at 9.49% APR, mortgage and business loans at terms up to 120 months), supplemented by deposit spreads on share certificates (up to 3.79% APY on a 7-month special), interchange and fee income on the Visa card, and commissions on partner-distributed insurance and warranty products (TruStage AD&D, Route 66 Extended Warranty, GAP). Loan and CD rates are publicly disclosed; total revenue is not. GTM is community-led: member acquisition relies on local presence, word-of-mouth, community events, newsletters, and a $1,000 scholarship program for members' children, with no external sales motion or paid acquisition.

The technology stack is a standard online and mobile banking platform with no disclosed API, no proprietary AI, and no developer-facing integrations. Card security and ATM services are delivered via partnerships with Shazam (network and Mastercard Identity Check) and Brella (mobile debit monitoring with fraud alerts, travel notices, and ATM finder). Competitive positioning rests on cooperative ownership, in-house mortgage servicing, no-fee checking, and multi-decade local trust rather than on technology differentiation.

Name

Taylorville Community Credit Union

Legal name

Taylorville Community Credit Union

Website

https://tccu.org

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

11–50 employees

Short description

Taylorville Community Credit Union is a federally insured, member-owned cooperative founded in 1956, serving individuals and small businesses in Christian, Montgomery, and Shelby Counties, Illinois through four branches and online/mobile banking, offering deposits, consumer and business loans, and Visa credit cards.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

Keywords

• Credit union services
• Retail banking services
• Consumer lending
• Deposit accounts
• Member-owned banking

Headquarters

HQ city

Taylorville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income on Loans: Primary revenue source from interest charged on vehicle loans, mortgages, personal loans, motorcycle loans, boat/RV loans, equipment loans, and member business loans. The credit union offers competitive rates including auto loans as low as 4.79% APR and personal loans at 9.49% APR.
2. Share Certificate/CD Interest: Deposit accounts including share savings (0.05% APY), checking (0.05% APY), and share certificates with terms from 7 to 60 months offering rates up to 3.79% APY for the 7-month special.
3. Fee-Based Services: Credit card services (Visa at 9.99% APR with no annual fee), GAP insurance offerings, TruStage accidental death and dismemberment insurance, and vehicle warranty products through Route 66 Extended Warranty.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Taylorville Community Credit Union (TCCU) is a member-owned cooperative financial institution providing retail banking services to individuals and small businesses in Christian, Montgomery, and Shelby Counties in Illinois. It offers share savings accounts, checking accounts, share certificates (CDs), direct deposit, vehicle loans, mortgages, personal loans, motorcycle loans, boat/RV loans, equipment loans, member business loans, and a Visa credit card, supported by online and mobile banking channels.

Product overview

Taylorville Community Credit Union (TCCU) offers a comprehensive suite of financial products and services organized around three core areas: Savings & Checking (Share Savings Accounts, Free Checking, Premier Club Checking, ATM/Debit Cards, Share Certificates/CDs, Direct Deposit/Payroll Deduction), Loans & Credit Cards (Vehicle Loans, VISA Credit Cards, Mortgages, Motorcycle Loans, Boat/RV Loans, Equipment Loans, Personal Loans, Member Business Loans), and Online Services (Online Banking & Bill Pay, Mobile Banking & Mobile App, eAlerts). The credit union supplements its core offerings with additional tools and resources including Financial Resource Center, Calculators, Loan Insurance & Warranty (GAP, Credit Life/Disability, Auto Warranty through Route 66 Extended Warranty), TruStage Insurance, and a Scholarship Program. All accounts are federally insured by NCUA up to $250,000. TCCU operates four branch locations in Illinois (Taylorville, Pana, Hillsboro, Litchfield) and serves members in Christian, Montgomery, and Shelby Counties.

Differentiator

Problem solved

Functional benefit

Products and services

• Share Savings Accounts Savings accounts where members become part owners of the credit union, including Shared Savings, Christmas Club, Vacation Club, and Sub Accounts. Minimum $25 deposit to open.
• Free Checking No minimum balance checking account with unlimited check writing and no monthly service charge.
• Premier Club Checking Checking account with all Free Checking features plus Accidental Death Insurance, Payment Card Protection, Key Ring Protection, Bonus Travel, and Rx Advantage Prescription Drug Program for a monthly fee.
• ATM/Debit Card Debit card providing ATM access to checking accounts, integrated with the Brella mobile app for fraud alerts and card monitoring.
• Share Certificates (CDs) Certificate of deposit accounts with 12, 24, 36, 48, and 60 month terms; minimum $1,000 deposit. Includes a 7-month special at 3.79% APY. Early withdrawal penalties apply.
• Direct Deposit/Payroll Deduction Direct deposit service for paychecks, pensions, or Social Security checks, with payroll deduction for automatic loan payments or savings/checking contributions.
• Vehicle Loans Auto loans for new vehicles or refinancing existing loans with up to 100% financing, terms up to 84 months, and no loan fees or prepayment penalty. Rates as low as 4.79% APR.
• VISA Credit Card Visa credit card at 9.99% APR on purchases, balance transfers, and cash advances; 25-day grace period on purchases; no annual fee, no balance transfer fee, and no cash advance fee.
• Mortgages Mortgage loans for purchasing or refinancing residences, rental properties, or land. All mortgages stay with TCCU at competitive rates.
• Motorcycle Loans Motorcycle loans with terms up to 72 months and 100% financing available for qualified buyers; pre-approvals available. Rates as low as 5.94% APR.
• Boat/RV Loans Financing for boats, RVs, and travel trailers with terms up to 120 months and 100% financing available for qualified buyers. Rates as low as 6.74% APR.
• Equipment Loans Business equipment loans for purchasing or refinancing equipment or machinery, with terms up to 120 months and flexible monthly, quarterly, semi-annual, or annual payment options.
• Personal Loans Unsecured personal loans for unexpected expenses or personal needs, with repayment terms up to 60 months, no loan fees, and no prepayment penalty. Rates as low as 9.49% APR.
• Member Business Loans Small business loans for operating capital, inventory, and commercial real estate loans on Commercial, Agriculture, or 1-4 residential properties.
• Online Banking & Bill Pay 24/7 online banking platform for account management, fund transfers, loan payments, bill pay (one-time or recurring), estatements, and account balance viewing. Free service for members.
• Mobile Banking & Mobile App

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature1 record

Partnerships

Three partnerships are on record, tiered minor.

• TruStage InsuranceminorOthersTruStage Accidental Death and Dismemberment insurance offered through CMFG Life Insurance Company. Available as an affordable supplement to life insurance for TCCU members and their families.
• Harland ClarkeminorOthersThird-party check printing service for members to conveniently reorder checks through the credit union's website.
• Route 66 Extended WarrantyminorOthersVehicle warranty options offered through Route 66 Extended Warranty for new and used vehicles with various coverage options for parts and labor.

Scale indicators3 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Scott Credit Union: Illinois-headquartered community credit union offering a comparable suite of consumer loans, mortgages, deposits, and digital banking services. Comparable member-owned structure serving Illinois communities.
• CEFCU (Citizens Equity First Credit Union): Large Illinois-based credit union serving central Illinois members with similar deposit, lending, and digital banking products. Directly comparable as a member-owned cooperative serving overlapping geographic markets in Illinois.
• Land of Lincoln Credit Union: Illinois-based credit union offering member banking services including loans, deposits, and online banking. Comparable community-credit-union business model focused on Illinois residents.

Regional players

• INB (Illinois National Bank): Community bank serving Springfield and central Illinois with consumer and business banking. Comparable Illinois geography and community-bank product mix, with a branch-based distribution model similar to TCCU.
• Hickory Point Bank and Trust: Community bank headquartered in central Illinois offering consumer and small business banking. Comparable in scale and central Illinois geographic footprint, but operates as a for-profit bank rather than a member-owned cooperative.
• Dieterich Bank: Community bank serving rural central and southern Illinois with consumer and small business banking products. Comparable in rural Illinois footprint and community-focused member service orientation.
• Petefish Skiles & Co. Bank: Independent community bank serving west-central Illinois with consumer, agriculture, and small business lending. Comparable rural Illinois footprint and relationship-driven community banking model.
• First Mid-Illinois Bank & Trust: Community bank serving central Illinois with consumer, mortgage, and small business lending products. Comparable in Illinois geographic focus and small-business banking orientation, though structured as a publicly traded bank holding company.
• United Community Bank (Illinois): Community bank operating across central Illinois with consumer lending, deposits, and small business banking. Comparable in rural Illinois geographic focus and relationship-based community banking approach.

Broad incumbents

• Alliant Credit Union: Large US credit union offering nationwide consumer banking, deposits, lending, and digital banking. Comparable member-owned cooperative model and core product suite, though with national rather than single-region geographic focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taylorville Community Credit Union