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ELCA Federal Credit Union

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ELCA Federal Credit Union Rates & Review September 2026

Q: Is a member application needed to join ELCA Federal Credit Union?

Yes, to access services at ELCA Federal 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, ELCA Federal 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: September 23, 2026

ELCA Federal Credit Union's Personal Loan Rates are as low as 7.99%. ELCA Federal Credit Union's Credit Card Rates are at 14.99%. MonitorBankRates evaluates the financial stability of ELCA Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.19%. Rates last updated and verified on 09/23/2026.

ELCA Federal 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 ELCA Federal Credit Union? Share your experience about ELCA Federal Credit Union by leaving a review below, or read customer reviews before you decide to use ELCA Federal Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.19%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

ELCA Federal Credit Union
ELCA FCU Main Office

8765 W Higgins Rd
Chicago, IL 60631

https://www.elcafcu.org

ELCA Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loans	-	-	3.99%	up to 36 months
Details Your destination for new and used car loans. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%

ELCA Federal Credit Union Credit Card Rates

Product	Rate	APR
Ministry Credit Card Program	-	14.99%
Details Offers a cost-effective alternative to standard corporate credit card programs, with flexible agreement options tailored to meet a ministry's unique needs, including our share/deposit-secured program. As with individual cardholders, ministries can reap all the benefits of the ELCA Federal Credit Union World Mastercard Credit Card, including Travel, Shopping and Insurance Protection. Interest rates start as low as 14.99% APR*. One very low rate that is good for purchases, balance transfers or cash advances. No transaction fees for balance transfers or cash advances. Lock and unlock feature to stop fraudulent and unauthorized activity. No annual fee. Compatible with digital wallets on the major mobile payment platforms: Apple Pay, Google Pay and Samsung Pay. Final rate and terms are subject to creditworthiness. The ELCA Federal Credit Union reserves the right to modify the terms without notice. Contact the ELCA Federal Credit Union for complete terms and conditions. Foreign transaction fees apply. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%
World Mastercard Credit Card	-	14.99%
Details The Alternative to Big Bank Card Fees. Interest rates start as low as 14.99% APR*. One very low rate that is good for purchases, balance transfers or cash advances. No transaction fees for balance transfers or cash advances. Lock and unlock feature to stop fraudulent and unauthorized activity. No annual fee. Compatible with digital wallets on the major mobile payment platforms: Apple Pay, Google Pay and Samsung Pay. Final rate and terms are subject to creditworthiness. The ELCA Federal Credit Union reserves the right to modify the terms without notice. Contact the ELCA Federal Credit Union for complete terms and conditions. Foreign transaction fees apply. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%

ELCA Federal Credit Union Personal Loan Rates

Product	APR	Term	View More
Personal Loans	7.99%
Details Pay for major expenses or consolidate credit card debt. Members can apply for personal loans of up to $25,000 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%
Personal Line of Credit	12.49%
Details Don't let unexpected expenses catch you unprepared. Get a Personal Line of Credit for up to $25,000 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%

ELCA Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term	View More
Holiday Loan	-	-	7.99%	Up to 12 months
Details Flexible loan amounts available up to $5,000 Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.19%

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

ELCA Federal Credit Union’s Texas Ratio fell from 2.47% in Q2 2023 to 0.19% in Q1 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; the green zone below the amber 15% line is where a credit union must stay to qualify 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 Grade15% Verified Healthy limit (green zone below = healthy)

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
March 31, 2026	$36M	0.19%	5.0	A+
December 31, 2025	$26M	0.51%	5.0	A+
September 30, 2025	$26M	7.33%	5.0	A
June 30, 2025	$25M	0.09%	5.0	A+
March 31, 2025	$23M	1.96%	5.0	A+
December 31, 2024	$28M	0.98%	5.0	A+
September 30, 2024	$24M	0.29%	5.0	A+
June 30, 2024	$29M	2.18%	5.0	A+
March 31, 2024	$26M	1.55%	5.0	A+
December 31, 2023	$24M	3.62%	5.0	A+
September 30, 2023	$25M	4.04%	5.0	A+
June 30, 2023	$28M	2.47%	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 ELCA Federal 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 ELCA Federal 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 ELCA Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name ELCA Federal Credit Union

Website https://www.elcafcu.org

Address 8765 W Higgins Rd, Chicago, IL 60631

Phone 877-715-1111

Fax

President Eva Roby

CEO Luis Reyes

Full-Time Employees 5

Part-Time Employees 2

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+ (100/100)

Texas Ratio

0.19%

Return on Assets (ROA)

0.0640%

Return on Equity (ROE)

0.6963%

Non-Performing Loans Ratio (NPL)

0.06%

Total Assets

35,520,253

Total Amount of Shares and Deposits

31,990,188

Total Shares and Deposits < 1 Year

31,683,733

Total Shares and Deposits 1 3 Years

306,455

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

19,246,521

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

19,246,521

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

12,743,667

Total Interest Expense (Sum of items 6 8)

122,807

Share Certificates

Number of Accounts for Share Drafts

1,094

Number of Accounts for Regular Shares

3,530

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

22,725

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)

20,271,633

Total Liabilities

32,256,604

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

ELCA Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Average Rating

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Total Reviews

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Frequently Asked Questions About ELCA Federal Credit Union

How many branches does ELCA Federal Credit Union operate?

ELCA Federal 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 ELCA Federal Credit Union?

Yes, to access services at ELCA Federal 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, ELCA Federal 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, ELCA Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does ELCA Federal Credit Union offer online and mobile banking?

Most modern institutions like ELCA Federal 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.elcafcu.org.