First Northern Credit Union is headquartered in Chicago and is the 30th largest credit union in the state of Illinois. It is also the 901st largest credit union in the nation. It was established in 1944 and as of June of 2023, it had grown to 69 employees and 22,980 members at 4 locations. First Northern Credit Union's money market rates are 3X the national average, and it has a B health rating.
Membership is open to those who live or work in the Illinois counties of Boone, Cook, Dekalb, DuPage, Grundy, Kane, Kendall, Lake, Lee, McHenry, Ogle, Stephenson, Will, or Winnebago; or the Illinois cities Evanston or Rockford. Employees of Exelon, ComEd and its subsidiaries, or Northwestern Memorial Healthcare and its subsidiaries also qualify for membership. Employees, alumni or students of Northwestern University are also eligible to join.
See current membership details
Overall | |
---|---|
NCUA # | 66359 |
Year Chartered | 1944 |
Employees | 69 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.4% |
Return on Equity - YTD | 6.87% |
Annual Interest Income | $5.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $358.1MM$377.9MM |
Loans | Q2 2023vs Q2 2022 | $217.0MM$194.4MM |
Deposits | Q2 2023vs Q2 2022 | $321.0MM$352.6MM |
Equity Capital | Q2 2023vs Q2 2022 | $21.3MM$21.5MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.8MM$2.0MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $950.00K$752.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $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%* | $750* | $7.5k | Advantage Checking | ||
OTHER TIERS: 0.01% → $7.5k+ | |||||
0.05% | - | - | Preferred Checking |
First Northern Credit Union Locations | ||
---|---|---|
Branch Office | 104 N Show Place Dr | Rockford, IL 61107 |
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 |