Mutual Federal Bank


Overview / Commentary
312-447-5200
2212 W. Cermak Rd.
Chicago, IL 60608

Mutual Federal Bank is headquartered in CHICAGO and is the 280th largest bank in the state of Illinois. It is also the 3,852nd largest bank in the nation. It was established in 1905 and as of December of 2024, it had grown to 14 employees at 1 location. Mutual Federal Bank has a B health rating.

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Health
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. Mutual Federal Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #28302
Year Established1905
Employees14
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-0.24%
Return on Equity - YTD-1.49%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$97.1MM$99.7MM
LoansQ4 2024vs Q4 2023$83.8MM$84.6MM
DepositsQ4 2024vs Q4 2023$63.4MM$69.4MM
Equity CapitalQ4 2024vs Q4 2023$15MM$15.3MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.3MM$1.3MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2.1MM$645K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


Mutual Federal Bank Locations
Mutual Federal Bank2212 W Cermak RdChicago, IL 60608

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