Central Federal Savings and Loan Association


Overview / Commentary
708-656-5000
5953 W Cermak Road
Cicero, IL 60804

Central Federal Savings and Loan Association is headquartered in Cicero and is the 210th largest bank in the state of Illinois. It is also the 3,094th largest bank in the nation. It was established in 1892 and as of June of 2019, it had grown to 49 employees at 3 locations. Central Federal Savings and Loan Association's money market rates are 4X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #28425
Year Established1892
Employees49
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD0.99%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$177.5MM$177.5MM
LoansQ2 2019vs Q2 2018$111.5MM$109.8MM
DepositsQ2 2019vs Q2 2018$150.0MM$148.3MM
Equity CapitalQ2 2019vs Q2 2018$19.1MM$17.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.1MM$1.3MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$638.00K$1.2MM
Real Estate OwnedQ2 2019vs Q2 2018$266.00K$166.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Central Federal Savings and Loan Association; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Central Federal Savings and Loan Association Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$20k*-Passbook Savings
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $20k
0.10%*$20k*-Statement Savings
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $20k
0.10%*$20k*-Christmas Club
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $20k
0.10%*$20k*-Kid Saver
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $20k

Central Federal Savings and Loan Association Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$100k*-Premier High Yield Money Market
OTHER TIERS: 0.95% $50k - $100k
0.25%*$100k*-Platinum Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.05%$2.5k-Gold Money Market

Central Federal Savings and Loan Association Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$50k*-Preferred Checking with Interest
OTHER TIERS: 0.03% $5k - $20k | 0.05% $20k - $50k
0.03%$2.5k-Super Checking with Interest
0.02%$200-Basic Checking with Interest

Central Federal Savings and Loan Association CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.65%$2.5k-7 Month CD Special - With Checking
1.65%$2.5k-13 Month CD Special - With Checking
1.50%$2.5k-25 Month CD Special - With Checking
1.50%$2.5k-37 Month CD Special - With Checking
1.50%$2.5k-59 Month CD Special - With Checking
1.50%$2.5k-19 Month CD Special - With Checking
0.60%$500-5 Year CD
0.59%$10k-5 Year CD - Monthly Check Transfer CD
0.50%$500-4 Year CD
0.49%$10k-4 Year CD - Monthly Check Transfer CD
0.40%$500-3 Year CD
0.39%$10k-3 Year CD - Monthly Check Transfer CD
0.30%$500-30 Month CD
0.29%$10k-30 Month - Monthly Check Transfer CD
0.20%$500-24 Month CD
0.19%$10k-24 Month - Monthly Check Transfer CD
0.15%$500-18 Month CD
0.14%$10k-18 Month - Monthly Check Transfer CD
0.10%$2.5k-12 Month CD
0.09%$10k-12 Month - Monthly Check Transfer CD
0.05%$2.5k-182 Day CD
0.04%$2.5k-91 Day CD
0.03%$2.5k-31 Day CD

Central Federal Savings and Loan Association IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.80%$2.5k-12 Month IRA CD Special
1.80%$50k-12 Month IRA CD Special - IRA Rollover
Locations


Central Federal Savings and Loan Association Locations
LA Grange Park Branch1921 E 31st St.La Grange Park, IL 60526
Central Federal Savings and Loan Association5953 W Cermak RoadCicero, IL 60804
6940 W Ogden Ave Branch6940 West Ogden AvenueBerwyn, IL 60402

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