Northwest Municipal Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.65%	Savings	Regular Share 1.20% - Synchrony Bank High Yield Savings
0.10%	Checking	Premium Plus Checking 1.25% - Bank of Internet USA Rewards Checking
0.03%	Checking	Premium Checking 1.25% - Bank of Internet USA Rewards Checking

View all Northwest Municipal Federal Credit Union rates »

Overview / Commentary

www.mynmfcu.com

847-391-5369

1420 Miner St Room 405
Des Plaines, IL 60016

Northwest Municipal Federal Credit Union is headquartered in Des Plaines and is the 93^rd largest credit union in the state of Illinois. It is also the 2,924^th largest credit union in the nation. It was established in 1966 and as of March of 2017, it had grown to 4 employees and 1,805 members at 1 location. Northwest Municipal Federal Credit Union's savings rates are 25% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of the Des Plaines Police and Fire Deparment, City of Park Ridge, Des Plaines and Park Ridge Libraries and Park Districts, North Maine Fire Protection District, the Maine-Niles Association of Special Recreation and other select groups.
See current membership details

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Health

B+

Data as of Q1 2017

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. Northwest Municipal Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	17752
Year Chartered	1966
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	0.75%
Return on Equity - YTD	8.39%
Annual Interest Income	$189.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$30.4MM$28.3MM
Loans	Q1 2017vs Q1 2016	$13.2MM$12.6MM
Deposits	Q1 2017vs Q1 2016	$27.7MM$25.8MM
Equity Capital	Q1 2017vs Q1 2016	$2.7MM$2.5MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$36.00K$28.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$32.00K$21.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Savings
Checking

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northwest Municipal Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%^*	$50k^*	-	Regular Share
OTHER TIERS: 0.10% → $50 - $5k \| 0.25% → $5k - $25k \| 0.41% → $25k - $50k

Northwest Municipal Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$2k	-	Premium Plus Checking
0.03%	$500	-	Premium Checking

Locations

Northwest Municipal Federal Credit Union Locations
Branch Office	1420 Miner St Room 405	Des Plaines, IL 60016