Northwest Municipal Federal Credit Union is headquartered in Des Plaines and is the 81st largest credit union in the state of Illinois. It is also the 2,682nd largest credit union in the nation. It was established in 1966 and as of March of 2025, it had grown to 4 employees and 1,762 members at 1 location. Northwest Municipal Federal Credit Union has a B+ health rating.
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
Overall | |
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NCUA # | 17752 |
Year Chartered | 1966 |
Employees | 4 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.58% |
Return on Equity - YTD | 11.75% |
Annual Interest Income | $496K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $38.2MM$37.9MM |
Loans | Q1 2025vs Q1 2024 | $15.8MM$15MM |
Deposits | Q1 2025vs Q1 2024 | $33.1MM$33.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $5.1MM$4.5MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $49K$54K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $9K$0 |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Northwest Municipal Federal Credit Union are currently being reviewed.
Northwest Municipal Federal Credit Union Locations | ||
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Branch Office | 1420 Miner St Room 405 | Des Plaines, IL 60016 |