Chicago Firemans Assoc Credit Union
Overview / Commentary
Chicago Firemans Assoc Credit Union is headquartered in Chicago and is the 105th largest credit union in the state of Illinois. It is also the 3,199th largest credit union in the nation. It was established in 1938 and as of March of 2025, it had grown to 3 employees and 3,001 members at 1 location. Chicago Firemans Assoc Credit Union has a B health rating.
Field of Membership Restrictions
Chicago Firemans Association CU is open to any Chicago firefighter that is in good standing with the Local 2, members of the Illinois IAFF Locals, members of the associated Firefighters of Illinois, the Fire Annuity, and the staff members of the Local 2; along with their families.
See current membership details
Health
B
Data as of Q1 2025
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 Firemans Assoc Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60175 |
| Year Chartered | 1938 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.33% |
| Return on Equity - YTD | 8.96% |
| Annual Interest Income | $299K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $20.4MM$20.4MM |
| Loans | Q1 2025vs Q1 2024 | $12.2MM$11.9MM |
| Deposits | Q1 2025vs Q1 2024 | $17.4MM$17.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3MM$2.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $54K$85K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $41K$67K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |