Smartchoice
Smartchoice is a credit union based in Spring Valley, Illinois, established in 1957, with $767 thousand in total assets serving 246 members. By Trust Grade it ranks 65th of 188 credit unions we track in Illinois. Its net worth ratio of 31.0% is stronger than 95% of similarly sized credit unions, versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 0.75% return on assets. No consumer complaints against Smartchoice appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Smartchoice compares to Illinois peers
How we graded Smartchoice
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (31.0% capital ratio)
- Profitable (ROA 0.75%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Smartchoice over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Smartchoice insured?
Yes. Smartchoice 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.
Smartchoice: frequently asked questions
Is Smartchoice a good credit union?
Smartchoice earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (31.0% capital ratio); Profitable (ROA 0.75%).
Is Smartchoice NCUA-insured?
Yes. Smartchoice 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 Smartchoice?
Smartchoice holds $1 million in total assets, ranking 65th of 188 credit unions we track in Illinois. It serves 246 members.
Does Smartchoice have CFPB complaints?
No CFPB complaints against Smartchoice 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.
