Chicago Area Office Federal Credit Union
LOCATIONS
1
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HEALTH RATING
C+
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CURRENT TOP RATE
0.65% APY
24 Month Certificates
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Overview / Commentary
Chicago Area Office Federal Credit Union is headquartered in Chicago and is the 148th largest credit union in the state of Illinois. It is also the 4,055th largest credit union in the nation. It was established in 1943 and as of September of 2019, it had grown to 2 employees and 1,498 members at 1 location. Chicago Area Office Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to employees of the Social Security Administration.
See current membership details
Health
C+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Chicago Area Office Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5045 |
| Year Chartered | 1943 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.33% |
| Return on Equity - YTD | 1.52% |
| Annual Interest Income | $320.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $9.5MM$10.0MM |
| Loans | Q3 2019vs Q3 2018 | $3.4MM$3.3MM |
| Deposits | Q3 2019vs Q3 2018 | $7.4MM$7.9MM |
| Equity Capital | Q3 2019vs Q3 2018 | $2.1MM$2.1MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $84.00K$57.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $105.00K$81.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |