Elca
Elca is a credit union based in Chicago, Illinois, established in 2015, with $36 million in total assets serving 2,352 members. By Trust Grade it ranks 156th of 188 credit unions we track in Illinois. Its net worth ratio of 9.2% trails most similarly sized credit unions (11th percentile), versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 0.26% return on assets. No consumer complaints against Elca appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Elca compares to Illinois peers
How we graded Elca
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.2% capital ratio)
- Profitable (ROA 0.26%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Elca over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Elca insured?
Yes. Elca is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Elca: frequently asked questions
Is Elca a good credit union?
Elca earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.2% capital ratio); Profitable (ROA 0.26%).
Is Elca NCUA-insured?
Yes. Elca is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Elca?
Elca holds $36 million in total assets, ranking 156th of 188 credit unions we track in Illinois. It serves 2,352 members.
Does Elca have CFPB complaints?
No CFPB complaints against Elca appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
