2. Chicago Fire Officers' Association Credit Union

Chicago Fire Officers' Association Credit Union


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 147th largest credit union in the state of Illinois. It is also the 4,058th largest credit union in the nation. It was established in 1957 and as of December of 2018, it had grown to 3 employees and 1,046 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

Membership in Chicago Fire Officers Association Credit Union is open to all uniformed members of the Chicago Fire Department.
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Health
B

Data as of Q4 2018

Learn why bank health matters
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 Chartered1957
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.19%
Return on Equity - YTD1.27%
Annual Interest Income$485.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$9.9MM$9.9MM
LoansQ4 2018vs Q4 2017$4.2MM$4.3MM
DepositsQ4 2018vs Q4 2017$8.4MM$8.5MM
Equity CapitalQ4 2018vs Q4 2017$1.5MM$1.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$86.00K$67.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$14.00K$3.00K
Real Estate OwnedQ4 2018vs Q4 2017$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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$25k*-Share Account
OTHER TIERS: 0.25% → $500 - $2k | 0.50% → $2k - $5k | 0.75% → $5k - $25k
Locations


Chicago Fire Officers' Association Credit Union Locations
Branch Office2453 S Archer AveChicago, IL 60616
Branch Office10231 S Western Ave Fl 2Chicago, IL 60643-1917

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