TellerScore

Salem School System Credit Union is a federally insured state-chartered credit union headquartered in Salem, Illinois, in business for about 70 years. At the end of Q2 2026 it reported $2.2M in total assets and $1.5M in member shares and deposits, with 1 office.

Based on its Q2 2026 filing, Salem School System Credit Union scores 87/100, which we describe as very strong. That is higher than 83% of 2,479 credit unions with under $100 million in assets. Among 188 credit unions headquartered in Illinois, it ranks 35th. Its strongest component is capital cushion (100/100; 30.85%), and its lowest is funding & liquidity (56/100; 104% loans-to-deposits, 0% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 30.85%
Loan quality100/100
Loans 60+ days delinquent ÷ total loans: 0.00%
Earnings68/100
Return on assets (annualized): 1.19%
Funding & liquidity56/100
Loans ÷ shares: 104.5% · 0.0% uninsured
Problem-loan coverage100/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 0.00%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 9 points (78 → 87), mostly because the loan quality component improved by 53 points.

TellerScore
687887Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202468
Q4 202468
Q1 202579
Q2 202578
Q3 202580
Q4 202576
Q1 202686
Q2 202687
Net worth ratio
7.00%19.32%31.63%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202431.58%
Q3 202431.36%
Q4 202431.17%
Q1 202530.93%
Q2 202531.13%
Q3 202531.44%
Q4 202531.14%
Q1 202631.63%
Q2 202630.85%
Delinquent loans (60+ days)
0.00%1.07%2.14%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20241.86%
Q3 20241.85%
Q4 20242.14%
Q1 20251.55%
Q2 20251.58%
Q3 20251.16%
Q4 20251.13%
Q1 20260.00%
Q2 20260.00%
Return on assets
0.97%1.62%2.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.43%
Q3 20240.97%
Q4 20241.33%
Q1 20252.22%
Q2 20252.26%
Q3 20251.76%
Q4 20251.19%
Q1 20261.19%
Q2 20261.19%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202687$2.2M30.85%0.00%1.19%104.5%
Q1 202686$2.2M31.63%0.00%1.19%109.9%
Q4 202576$2.2M31.14%1.13%1.19%113.0%
Q3 202580$2.2M31.44%1.16%1.76%112.2%
Q2 202578$2.2M31.13%1.58%2.26%111.0%
Q1 202579$2.1M30.93%1.55%2.22%116.3%
Q4 202468$2.1M31.17%2.14%1.33%115.9%
Q3 202468$2.1M31.36%1.85%0.97%112.7%
Q2 202472$2.0M31.58%1.86%1.43%115.0%

2,479 peers · Under $100 million in assets

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio30.85%
95th
Problem loans0.00%
94th
Net charge-offs1.92%
6th
Return on assets1.19%
76th
Loans to deposits104.5%
2nd
Uninsured deposits0.0%
81st
Loan-loss reserves0.53%
78th
Texas ratio0.0%
93rd

Similar-size credit unions in Illinois

InstitutionScoreAssetsCapitalProblem loansCompare
Quincy Postal Employees Credit UnionCredit union Quincy, IL63 out of 100, Moderate$2.2M16.8%2.67%vs
B.E.A. Credit UnionCredit union Bethalto, IL54 out of 100, Below average$2.4M26.8%5.12%vs
Haulpak Federal Credit UnionCredit union Peoria, IL61 out of 100, Moderate$2.0M30.8%6.59%vs
Israel Methcomm Federal Credit UnionCredit union Chicago, IL100 out of 100, Very strong$2.0M15.5%0.00%vs
Evanston Firemens Credit UnionCredit union Evanston, IL81 out of 100, Strong$2.0M15.8%0.00%vs
Aurora Postal Employees Credit UnionCredit union Aurora, IL53 out of 100, Below average$1.9M20.8%6.11%vs

Deposit insurance

Is my money safe at Salem School System Credit Union?

Yes. Salem School System Credit Union is a federally insured credit union (NCUA charter #65346). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 0.0% of shares and deposits ($0) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.

The net worth ratio is 30.85%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

1 location

Branches

Salem School System Credit Union lists 1 office in 1 city. Most locations:

  • Salem, IL (1)

All branch addresses and map

Identity & history

Profile

Legal name
Salem School System Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
65346
RSSD ID
618599
Primary regulator
State + NCUA
Established
1956
Headquarters
P.O. Box 456, Salem, IL 62881
Employees
2

Quick answers

Salem School System Credit Union: common questions

Is Salem School System Credit Union NCUA insured?

Yes. Salem School System Credit Union is a federally insured credit union (NCUA charter #65346). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Salem School System Credit Union's TellerScore?

87 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Salem School System Credit Union have?

1 office as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Salem

InstitutionScoreAssetsCapitalProblem loansCompare
First Community Bank, Xenia-FloraBank Xenia, IL86 out of 100, Very strong$55.5M12.0%0.22%vs
Kinmundy BankBank Kinmundy, IL85 out of 100, Very strong$80.1M13.0%0.67%vs
First State Bank of St. PeterBank Saint Peter, IL83 out of 100, Strong$30.1M18.5%1.71%vs
The Peoples State Bank of Newton, IllinoisBank Newton, IL81 out of 100, Strong$736.7M13.5%0.54%vs
Genfed Financial Credit UnionCredit union Akron, OH79 out of 100, Strong$335.9M16.8%1.38%vs
The Farmers and Merchants National Bank of NashvilleBank Nashville, IL78 out of 100, Strong$270.3M11.6%0.61%vs