Citizens Equity First Credit Union is a federally insured credit union

Credit union

A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...

 based in Peoria, Illinois

Peoria, Illinois

Peoria is the largest city on the Illinois River and the county seat of Peoria County, Illinois, in the United States. It is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois, with a population of 115,007, and is the third-most populated...

, commonly referred to by its registered trademark, CEFCU.

CEFCU was founded in 1937 to serve the employees of Caterpillar Tractor Company

Caterpillar Inc.

Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...

. It began as Caterpillar Employees Credit Union (CECU) with a state credit union charter, then switched to a federal credit union charter and the name CEFCU (Caterpillar Employees Federal Credit Union). Upon legally separating from Caterpillar, CEFCU changed its acronym to more accurately reflect membership eligibility; first, to "Construction Equipment Federal Credit Union" and, later, to "Citizens Equity Federal Credit Union."

CEFCU returned to an Illinois state credit union charter in 2000, keeping the acronym CEFCU ("Citizens Equity First Credit Union") and maintaining federal deposit ("share") insurance under the National Credit Union Share Insurance Fund

National Credit Union Share Insurance Fund

The National Credit Union Share Insurance Fund is administered by the National Credit Union Administration for the purpose of providing deposit insurance to protect deposits of credit union members at insured institutions in the United States. It was created in 1970 shortly after the creation of...

. CEFCU membership criteria allow employees of Caterpillar Inc.

Caterpillar Inc.

Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...

 and Caterpillar dealers, partner companies (those working for about 550 specific companies with a CEFCU relationship), plus individuals who live or work in fourteen central Illinois

Illinois

Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...

 counties, or who live, work, or worship in three California

California

California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

 counties to belong to the credit union.

Individuals living or working in the following Illinois

Illinois

Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...

 counties are eligible for CEFCU membership: Fulton

Fulton County, Illinois

Fulton County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 37,069, which is a decrease of 3.1% from 38,250 in 2000. Its county seat is Lewistown. Canton is the largest city. Both cities are southwest of Peoria, and the county is considered...

, Knox

Knox County, Illinois

Knox County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 52,919, which is a decrease of 5.2% from 55,836 in 2000...

, Livingston

Livingston County, Illinois

Livingston County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 38,950, which is a decrease of 1.8% from 39,678 in 2000. Its county seat is Pontiac....

, Logan

Logan County, Illinois

Logan County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 30,305, which is a decrease of 2.8% from 31,183 in 2000...

, McLean

McLean County, Illinois

McLean County is a county in the U.S. state of Illinois. McLean County is included in the Bloomington–Normal, Illinois Metropolitan Statistical Area. According to the 2010 census, it has a population of 169,572, which is an increase of 12.7% from 150,433 in 2000. Its county seat is...

, Macon, Marshall

Marshall County, Illinois

The median income for a household in the county was $41,576, and the median income for a family was $48,061. Males had a median income of $35,765 versus $21,452 for females. The per capita income for the county was $19,065...

, Mason, Peoria

Peoria County, Illinois

Peoria County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 186,494, which is an increase of 1.7% from 183,433 in 2000. Its county seat is Peoria....

, Putnam, Sangamon

Sangamon County, Illinois

Sangamon County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 197,465, which is an increase of 4.5% from 188,951 in 2000...

, Stark

Stark County, Illinois

Stark County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 5,994, which is a decrease of 5.3% from 6,332 in 2000...

, Tazewell

Tazewell County, Illinois

Tazewell County is a county located in the U.S. state of Illinois. According to the 2010 census, it has a population of 135,394, which is an increase of 5.4% from 128,485 in 2000. Its county seat and largest city is Pekin. The majority of the population live in the suburbs and bedroom communities...

, and Woodford. Individuals who live, work or worship in Santa Clara

Santa Clara County, California

Santa Clara County is a county located at the southern end of the San Francisco Bay Area in the U.S. state of California. As of 2010 it had a population of 1,781,642. The county seat is San Jose. The highly urbanized Santa Clara Valley within Santa Clara County is also known as Silicon Valley...

, Alameda

Alameda County, California

Alameda County is a county in the U.S. state of California. It occupies most of the East Bay region of the San Francisco Bay Area. As of the 2010 census it had a population of 1,510,271, making it the 7th most populous county in the state...

 and Contra Costa

Contra Costa County, California

Contra Costa County is a primarily suburban county in the San Francisco Bay Area of the U.S. state of California. As of the 2010 census, it had a population of 1,049,025...

counties are all eligible to join CEFCU, as well.