Midland Federal Savings and Loan Association


Overview / Commentary
708-598-9400
8929 South Harlem Avenue
Bridgeview, IL 60455

Midland Federal Savings and Loan Association is headquartered in BRIDGEVIEW and is the 256th largest bank in the state of Illinois. It is also the 3,649th largest bank in the nation. It was established in 1914 and as of December of 2024, it had grown to 21 employees at 4 locations. Midland Federal Savings and Loan Association has a B+ health rating.

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Midland Federal Savings and Loan Association has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #29980
Year Established1914
Employees21
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-1.2%
Return on Equity - YTD-12.89%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$120.9MM$117MM
LoansQ4 2024vs Q4 2023$24.3MM$24.1MM
DepositsQ4 2024vs Q4 2023$108.6MM$106.1MM
Equity CapitalQ4 2024vs Q4 2023$11.6MM$10.3MM
Loan Loss AllowanceQ4 2024vs Q4 2023$67K$67K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$582K$669K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


Midland Federal Savings and Loan Association Locations
Homer Glen Branch15732 S Bell RdHomer Glen, IL 60491
2657 West 69th Street Branch2657 West 69th StreetChicago, IL 60629
4040 S Archer Ave Branch4040 South Archer AvenueChicago, IL 60632
Midland Federal Savings and Loan Association8929 S Harlem AveBridgeview, IL 60455

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