Chicago Patrolmen's Federal Credit Union
Overview / Commentary
Chicago Patrolmen's Federal Credit Union is headquartered in Chicago and is the 18th largest credit union in the state of Illinois. It is also the 677th largest credit union in the nation. It was established in 1938 and as of September of 2024, it had grown to 74 employees and 43,361 members at 8 locations. Chicago Patrolmen's Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Chicago Patrolmen's Federal Credit Union is open to active and retired sworn Law Enforcement Officers of any rank, and all full-time employees of more than 240 employee groups and associations, including the National Fraternal Order of Police. Immediate family members of eligible individuals are also eligible for membership.
See current membership details
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Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2876 |
| Year Chartered | 1938 |
| Employees | 74 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 3.77% |
| Annual Interest Income | $23.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $590.2MM$536.9MM |
| Loans | Q3 2024vs Q3 2023 | $326.9MM$347.8MM |
| Deposits | Q3 2024vs Q3 2023 | $510.9MM$466.6MM |
| Equity Capital | Q3 2024vs Q3 2023 | $41.4MM$31.2MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $4.2MM$3.3MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $3.3MM$4.7MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |