Chicago Fire Officers' Association Credit Union

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1.05% APY

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1.00% APY

Overview / Commentary

www.cfoacu.org

773-445-1700

10231 S Western Ave Fl 2
Chicago, IL 60643-1917

Chicago Fire Officers' Association Credit Union is headquartered in Chicago and is the 158^th largest credit union in the state of Illinois. It is also the 4,290^th largest credit union in the nation. It was established in 1957 and as of June of 2016, it had grown to 3 employees and 1,061 members at 2 locations. Chicago Fire Officers' Association Credit Union's savings rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Chicago Fire Officers Association CU is open to the uniformed and ID issued firefighters that work for the Chicago Fire Department and their families.
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Health

B

Data as of Q2 2016

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Additional 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 Fire Officers' Association Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #	61560
Year Chartered	1957
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.19%
Return on Equity - YTD	1.23%
Annual Interest Income	$236.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$9.7MM$9.4MM
Loans	Q2 2016vs Q2 2015	$4.3MM$4.2MM
Deposits	Q2 2016vs Q2 2015	$8.2MM$8.0MM
Equity Capital	Q2 2016vs Q2 2015	$1.5MM$1.5MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$26.00K$48.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$23.00K$16.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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

Chicago Fire Officers' Association Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.25%^*	$25k^*	-	All Shares Account
OTHER TIERS: 0.25% → $500 - $2k \| 0.50% → $2k - $5k \| 0.75% → $5k - $25k

Locations

Chicago Fire Officers' Association Credit Union Locations
Branch Office	2453 S Archer Ave	Chicago, IL 60616
Branch Office	10231 S Western Ave Fl 2	Chicago, IL 60643-1917