Northwest Municipal Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.06% | Savings | 2.20% - Barclays Online Savings Account |
| 0.12% | Checking | 1.01% - nbkc bank Personal Account |
| 0.04% | Checking | 1.01% - nbkc bank Personal Account |
Northwest Municipal Federal Credit Union is headquartered in Des Plaines and is the 91st largest credit union in the state of Illinois. It is also the 2,888th largest credit union in the nation. It was established in 1966 and as of September of 2018, it had grown to 4 employees and 1,769 members at 1 location. Northwest Municipal Federal Credit Union's savings rates are 2X 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
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 17752 |
| Year Chartered | 1966 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 8.85% |
| Annual Interest Income | $631.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $30.0MM$29.9MM |
| Loans | Q3 2018vs Q3 2017 | $14.5MM$13.8MM |
| Deposits | Q3 2018vs Q3 2017 | $26.9MM$27.0MM |
| Equity Capital | Q3 2018vs Q3 2017 | $3.1MM$2.8MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $33.00K$42.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $23.00K$36.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Northwest Municipal Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* 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 | |
|---|---|---|---|---|---|
| 1.06%* | $50k* | - | Regular Share | ||
| OTHER TIERS: 0.45% → $50 - $5k | 0.61% → $5k - $25k | 0.78% → $25k - $50k | |||||
Northwest Municipal Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.12% | $2k | - | Premium Plus Checking | |
| 0.04% | $500 | - | Premium Checking |
| Northwest Municipal Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1420 Miner St Room 405 | Des Plaines, IL 60016 |