Chicago Patrolmen's Federal Credit Union

Overview / Commentary
1407 W Washington Blvd
Chicago, IL 60607

Chicago Patrolmen's Federal Credit Union is headquartered in Chicago and is the 19th largest credit union in the state of Illinois. It is also the 680th largest credit union in the nation. It was established in 1938 and as of December of 2023, it had grown to 75 employees and 42,616 members at 8 locations. Chicago Patrolmen's Federal Credit Union's CD rates are 5X the national average, and it 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

Related Posts

Here Are 4 Credit Unions Offering 6% APY CD's - 8/13/2023

Chicago Patrolmen's FCU – 6.18% APY on a 3 month CD. Complex Community FCU – 6.00% APY on a 6 month CD. Empower FCU – 6.00% APY on a 3 month CD. Sterling United Federal Credit Union – 6.00% APY on a 12 month CD Chicago ( eligibility has a list of police depts around the country but also states at the top of the list Any active member or employee of any Fraternal Order of Police Lodge in the United States** Complex Community CU ( is located in several W. TX towns. Empower FCU ( is in central NY. Sterling United FCU ( is in Evansville IN I am not qualified to join any of these CU's but hopefully this post will benefit others.

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Health Grade Components

NCUA #2876
Year Chartered1938
Primary Regulator
Profit Margin
Return on Assets - YTD0.01%
Return on Equity - YTD0.08%
Annual Interest Income$24.8MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$574.2MM$565.3MM
LoansQ4 2023vs Q4 2022$357.2MM$348.3MM
DepositsQ4 2023vs Q4 2022$498.5MM$474.8MM
Equity CapitalQ4 2023vs Q4 2022$36.6MM$31.1MM
Loan Loss AllowanceQ4 2023vs Q4 2022$3.6MM$2.7MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$3.9MM$3.5MM
Real Estate OwnedQ4 2023vs Q4 2022$0$57K
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Always verify rates and promotions with the bank or credit union. We are not Chicago Patrolmen's Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

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

Chicago Patrolmen's Federal Credit Union Savings Account Rates

3.05%$25-Share IRA
1.01%$10-Christmas Savers Account
0.09%*$25k*-Share Savings Accounts
OTHER TIERS: 0.03% $100 - $3k | 0.05% $3k - $25k

Chicago Patrolmen's Federal Credit Union Money Market Rates

1.06%*$50k*-Money Market Accounts
OTHER TIERS: 0.50% Up to $25k | 0.60% $25k - $50k

Chicago Patrolmen's Federal Credit Union Checking Account Rates

0.25%$1k-Premium Checking Account

Chicago Patrolmen's Federal Credit Union CD Rates

5.13%$500-3 Month CD
5.02%$500-6 Month CD
4.86%$500-12 Month CD
4.34%$500-24 Month CD
4.34%$500-36 Month CD

Chicago Patrolmen's Federal Credit Union IRA Rates

6.18%$1k-12 Month IRA
6.18%$1k-24 Month IRA
6.18%$1k-36 Month IRA
6.18%$500-12 Month Educational IRA
6.18%$500-24 Month Educational IRA
6.18%$500-36 Month Educational IRA

Chicago Patrolmen's Federal Credit Union Locations
Branch Office6124 W 63rd StChicago, IL 60638
Branch Office5310 N Harlem AveChicago, IL 60656-1865
Branch Office1407 W Washington BlvdChicago, IL 60607-1820
Branch Office10343 S Pulaski RdChicago, IL 60655-3710
Branch Office13465 Midway Rd Ste 104Dallas, TX 75244-5105
Branch Office106 W Madison Ave Ste 200Saint Louis, MO 63122-4200
Branch Office8585 Broadway # 742Merrillville, IN 46410
Branch Office1810 Buchholzer BlvdAkron, OH 44310

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