First Northern Credit Union is headquartered in Chicago and is the 25th largest credit union in the state of Illinois. It is also the 836th largest credit union in the nation. It was established in 1944 and as of September of 2020, it had grown to 73 employees and 24,479 members at 5 locations. First Northern Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
Membership is open to those who live or work in Boone, Dekalb, DuPage, Grundy, Lee, McHenry, Ogle, Stephenson, Will, Winnebago, Kane or Kendall counties in Illinois, the City of Evanston, employees of Exelon and subsidiaries, and employees or members of other select employer groups.
See current membership details
Overall | |
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NCUA # | 66359 |
Year Chartered | 1944 |
Employees | 73 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.44% |
Return on Equity - YTD | 5.39% |
Annual Interest Income | $7.4MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $338.9MM$301.8MM |
Loans | Q3 2020vs Q3 2019 | $170.4MM$186.8MM |
Deposits | Q3 2020vs Q3 2019 | $307.8MM$272.9MM |
Equity Capital | Q3 2020vs Q3 2019 | $27.6MM$25.8MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $1.9MM$1.7MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1.1MM$1.5MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not First Northern 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $7.5k | Advantage Checking | ||
OTHER TIERS: 0.01% → $7.5k+ | |||||
0.05% | - | - | Preferred Checking |
First Northern Credit Union Locations | ||
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Branch Office | 104 N Show Place Dr | Rockford, IL 61107 |
Branch Office | 2 E Stephenson St | Freeport, IL 61032 |
Branch Office | 230 W Monroe St Suite 2850 | Chicago, IL 60606 |
Branch Office | 541 N Fairbanks Ct | Chicago, IL 60611 |
Branch Office | 1705 Sherman Ave | Evanston, IL 60201 |