One area credit union has been upgraded in BauerFinancial's latest ratings, based on regulatory data from June 30.
Lauhoff Employees Credit Union in Danville, which had been rated 4-star ("excellent") in the previous quarter's ratings, was upgraded to 5-star ("superior") in the latest ratings.
The other 20 area credit unions rated by BauerFinancial retained their ratings from the quarter that ended March 31.
Eight other area credit unions were not rated, either because they are too small or because they are insured privately, rather than by the National Credit Union Administration.
Since the rating period ended, two area credit unions have merged. Danville Consolidated Credit Union merged into the much larger Landmark Credit Union on Sept. 3.
BauerFinancial bases its ratings on capital ratios, profitability trends, levels of delinquent loans, charge-offs and repossessed assets, liquidity, historical data and supervisory actions by regulatory agencies.
Area credit-union ratings for second quarter 2013
Here are BauerFinancial's ratings for credit unions with offices in East Central Illinois, based on data from the quarter that ended June 30:
12 credit unions
Area Educational CU, Mattoon
— Blaw-Knox CU, Mattoon
— Central Illinois CU, Champaign
— Champaign Municipal Employees CU, Champaign
— Community Plus Federal CU, Rantoul
— Education Personnel Federal CU, Danville
— Landmark CU, Danville
— Lauhoff Employees CU, Danville
— MidWest America Federal CU, Fort Wayne, Ind.
— New Horizon CU, Danville
— Paris Hi-Way CU, Paris
— Tee-Pak CU, Danville
Seven credit unions
— Carle Employees Federal CU, Urbana
— Champaign County School Employees CU, Champaign
— Clifford-Jacobs Employees CU, Champaign
— First Illinois CU, Danville
— Quorum Federal CU, Purchase, N.Y.
— University of Illinois Employees CU, Champaign
— Urbana Municipal Employees CU, Urbana
Two credit unions
— Danville Consolidated CU, Danville
— Route 1 CU, Paris
Eight credit unions
— Canaan CU, Urbana
— Champaign Postal CU, Champaign
— CommonWealth Credit Union, Bourbonnais
— Credit Union 1, Rantoul
— Danville Bell CU, Danville
— McMillen Master CU, Gibson City
— MEA CU, Monticello
— Urbana Postal CU, Urbana
Source: BauerFinancial Inc.