Metropolitan "L" Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.metlfcu.com

708-386-9272

949 S Ridgeland Ave
Oak Park, IL 60304

Metropolitan "L" Federal Credit Union is headquartered in Oak Park and is the 130^th largest credit union in the state of Illinois. It is also the 3,684^th largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 2 employees and 1,051 members at 1 location. Metropolitan "L" Federal Credit Union's CD rates are 5X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership in Metropolitan "L" Federal Credit Union is open to employees of Chicago Metro "L", Sanford Ink Corporation, St. Elizabeth Hospital, Service One, Local 880, Morse Automotive, Empire Today, Ashley Quality Care, Oak Park Residence, Family Home Care, Neighborhood Housing Service and the Housing Authority of Cook County.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

C+

Data as of Q1 2025

Learn why bank health matters

Additional 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. Metropolitan "L" Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #	2370
Year Chartered	1937
Employees	2
Primary Regulator

Profit Margin
Return on Assets - YTD	0.71%
Return on Equity - YTD	4.27%
Annual Interest Income	$137K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$9.3MM$9.9MM
Loans	Q1 2025vs Q1 2024	$1.9MM$2MM
Deposits	Q1 2025vs Q1 2024	$7.7MM$8.3MM
Equity Capital	Q1 2025vs Q1 2024	$1.6MM$1.5MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$61K$29K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$73K$68K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Metropolitan "L" Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Metropolitan "L" Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$0	-	Passbook Savings Account

Metropolitan "L" Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.05%	$500	-	6 Month CD
4.05%	$500	-	1 Year CD
4.00%	$500	-	2 Year CD

Metropolitan "L" Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
4.00%	$0	-	2 Year IRA
1.00%	$0	-	IRA Passbook Account

Locations

Metropolitan "L" Federal Credit Union Locations
Branch Office	949 S Ridgeland Ave	Oak Park, IL 60304-2113

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.