Question 1

What is Taylorville Community Credit Union?

Accepted Answer

Taylorville Community Credit Union (TCCU) is a community-focused credit union headquartered in Taylorville, Illinois. With over $85 million in total assets and serving more than 7,300 members, TCCU provides a full range of financial services to individuals and businesses throughout central Illinois. The credit union operates four branch locations in Taylorville, Hillsboro, Litchfield, and Pana, serving Montgomery, Christian, and Shelby counties.

TCCU has earned BauerFinancial's highest 5-Star rating for financial strength and stability for over 25 consecutive years, earning the prestigious designation as a "Best of Bauer Credit Union."

Question 2

When was Taylorville Community Credit Union founded?

Accepted Answer

Taylorville Community Credit Union was founded in 1956 in the basement of a house in Taylorville, Illinois. The credit union was originally established to assist local business owners with their payroll needs.

As the membership grew, TCCU required additional staff and facilities. In 1976, the credit union moved into its current building location on West Main Cross Street in Taylorville, though the building was half the size it is today. At that time, the small staff of six employees used tables instead of desks to process paperwork and serve members, operating a single-lane drive-thru.

Over nearly seven decades, TCCU has maintained its commitment to friendly and honest service while expanding throughout central Illinois.

Question 3

Where is Taylorville Community Credit Union headquartered?

Accepted Answer

Taylorville Community Credit Union is headquartered at 422 West Main Cross Street in Taylorville, Illinois 62568. The credit union has occupied this location since 1976, though the building has been expanded significantly over the years to accommodate growth.

The headquarters houses the main branch and administrative offices. As of 2025, TCCU is planning to relocate to a new building at 820 North Webster Street in Taylorville, where the former New North Lanes bowling alley was located.

Question 4

Where does Taylorville Community Credit Union operate?

Accepted Answer

Taylorville Community Credit Union operates throughout central Illinois with four branch locations:
• Taylorville (main branch): 422 West Main Cross Street
• Hillsboro: The Hillsboro branch opened in February 1989 on Main Street as a full-service location and moved to its current home on East Wood Street in 2013
• Litchfield: Opened in December 2007 after acquiring deposits and loans from Midwest Federal Credit Union, currently located at 801 West Union Avenue (opened October 2015)
• Pana: The newest branch opened in March 2020 at 101 East 5th Street

The credit union's field of membership includes persons who live or work in Montgomery County, Christian County, and Shelby County, Illinois. TCCU also provides access to a nationwide network of shared branches and ATMs through cooperative agreements with other credit unions.

Question 5

What services does Taylorville Community Credit Union offer?

Accepted Answer

Taylorville Community Credit Union provides comprehensive financial services including:

Deposit Accounts:
• Share accounts (savings)
• Checking accounts
• Youth savings through Kids Club

Lending Services:
• Auto loans with competitive rates
• Mortgage loans
• Home equity lines of credit (HELOC)
• Personal loans
• Business loans

Digital Banking:
• Mobile banking app for iOS and Android devices
• Online banking platform available 24/7
• Mobile deposit
• Bill pay services
• Fund transfers between accounts
• Card controls for credit and debit cards

Additional Services:
• Credit and debit cards
• Skip-A-Payment program
• My Finance Coach financial education tool
• Member perks and rewards programs
• Night deposit services
• Drive-thru banking

All accounts are federally insured by the NCUA up to $250,000 per depositor.

Question 6

What makes Taylorville Community Credit Union unique?

Accepted Answer

Long-Standing Financial Strength: TCCU has maintained BauerFinancial's highest 5-Star rating for over 103 consecutive quarters (more than 25 years), earning designation as a "Best of Bauer Credit Union." This exceptional track record demonstrates consistent capital adequacy, profitability, and asset quality.

Community-Rooted Heritage: Operating since 1956, TCCU has remained an independent, locally-focused institution for nearly seven decades. The credit union has deep ties to central Illinois communities and prioritizes member service over profit maximization.

Strategic Expansion: TCCU has grown thoughtfully through strategic acquisitions and new branch openings, including acquiring Midwest Federal Credit Union's operations in 2007 and opening its modern Pana facility in 2020. The credit union continues investing in infrastructure with plans for a new Taylorville headquarters.

Member Ownership: As a cooperative financial institution, TCCU is owned by its members, who elect the board of directors. This structure ensures decisions are made with members' best interests in mind rather than maximizing shareholder returns.

Question 7

What type of financial institution is Taylorville Community Credit Union?

Accepted Answer

Taylorville Community Credit Union is a federally chartered credit union (charter number 60335) regulated by the National Credit Union Administration (NCUA). As a federal credit union, TCCU operates under federal banking regulations and all member deposits are insured by the National Credit Union Share Insurance Fund (NCUSIF).

Credit Union Structure: TCCU operates as a not-for-profit cooperative financial institution owned by its members. Each member has equal voting rights regardless of account balance, and members elect a volunteer board of directors from the membership.

Field of Membership: TCCU has a community charter, meaning membership is available to anyone who lives, works, or worships in Montgomery, Christian, and Shelby counties in Illinois. Immediate family members and household members of existing members are also eligible to join.

Regulatory Oversight: As a federally chartered institution, TCCU is examined regularly by the NCUA to ensure safety, soundness, and compliance with applicable laws and regulations. The credit union must maintain specific capital ratios and adhere to federal lending and operational standards.

Taylorville Community Credit Union

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About Taylorville Community Credit Union in the United States