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 210^th largest bank in the state of Illinois. It is also the 3,152^nd largest bank in the nation. It was established in 1892 and as of September of 2021, it had grown to 49 employees at 3 locations. Central Federal Savings and Loan Association has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q3 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	28425
Year Established	1892
Employees	49
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.24%
Return on Equity - YTD	2.4%
Annual Interest Income	$4.2MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$198.2MM$191.7MM
Loans	Q3 2021vs Q3 2020	$110.8MM$118.3MM
Deposits	Q3 2021vs Q3 2020	$165.4MM$155.4MM
Equity Capital	Q3 2021vs Q3 2020	$20.1MM$19.8MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$1.1MM$1.1MM
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$455.00K$485.00K
Real Estate Owned	Q3 2021vs Q3 2020	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$20k^*	-	Passbook Savings
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $20k
0.05%^*	$20k^*	-	Statement Savings
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $20k
0.05%^*	$20k^*	-	Christmas Club
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $20k
0.05%^*	$20k^*	-	Kid Saver
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $20k

Central Federal Savings and Loan Association Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$100k^*	-	Premier High Yield Money Market
OTHER TIERS: 0.10% → $50k - $100k
0.15%^*	$100k^*	-	Platinum Money Market
OTHER TIERS: 0.03% → Up to $10k \| 0.05% → $10k - $50k \| 0.10% → $50k - $100k
0.03%	$2.5k	-	Gold Money Market

Central Federal Savings and Loan Association Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$50k^*	-	Preferred Checking with Interest
OTHER TIERS: 0.01% → $5k - $20k \| 0.03% → $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

APY	MIN	MAX	ACCOUNT NAME
0.45%	$2.5k	-	59 Month CD Special
0.35%	$2.5k	-	47 Month CD Special
0.25%	$2.5k	-	37 Month CD Special
0.20%	$2.5k	-	25 Month CD Special
0.15%	$500	-	5 Year CD
0.15%	$500	-	4 Year CD
0.15%	$500	-	3 Year CD
0.15%	$500	-	30 Month CD
0.15%	$500	-	24 Month CD
0.15%	$2.5k	-	19 Month CD Special
0.14%	$10k	-	24 Month - Monthly Check Transfer CD
0.14%	$10k	-	30 Month - Monthly Check Transfer CD
0.14%	$10k	-	3 Year CD - Monthly Check Transfer CD
0.14%	$10k	-	4 Year CD - Monthly Check Transfer CD
0.14%	$10k	-	5 Year CD - Monthly Check Transfer CD
0.10%	$500	-	18 Month CD
0.10%	$2.5k	-	13 Month CD Special
0.09%	$10k	-	18 Month - Monthly Check Transfer CD
0.05%	$2.5k	-	7 Month CD Special
0.05%	$2.5k	-	12 Month CD
0.04%	$2.5k	-	182 Day CD
0.04%	$10k	-	12 Month - Monthly Check Transfer CD
0.03%	$2.5k	-	91 Day CD
0.02%	$2.5k	-	31 Day CD

Central Federal Savings and Loan Association IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$50k	-	12 Month IRA CD Special - IRA Rollover
0.15%	$2.5k	-	12 Month IRA CD Special

Locations

Central Federal Savings and Loan Association Locations
LA Grange Park Branch	1921 E 31st St.	La Grange Park, IL 60526
Central Federal Savings and Loan Association	5953 W Cermak Road	Cicero, IL 60804
6940 W Ogden Ave Branch	6940 West Ogden Avenue	Berwyn, IL 60402

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.