Selfreliance Federal Credit Union

Overview / Commentary
2332 W Chicago Ave
Chicago, IL 60622

Selfreliance Federal Credit Union is headquartered in Chicago and is the 15th largest credit union in the state of Illinois. It is also the 506th largest credit union in the nation. It was established in 1951 and as of December of 2022, it had grown to 105 employees and 30,795 members at 9 locations. Selfreliance Federal Credit Union has an A health rating.

Field of Membership Restrictions

Selfreliance Federal Credit Union eligibility is only available to those who are members of the Selfreliance Association of American- Ukrainians, Inc. in Newark, Jersey City, NJ and Chicago, Illinois, and Future Ukrainian- American Aid Association of Detroit, Michigan.
See current membership details

Reviews (2)

Selfreliance Credit Union

Posted by: |

I want to be thankful the selfreliance credit union for supporting Ukrainians in such a difficult time. And I am also appreciate to employee of the bank, Tetyana Morozenko, who is always in an accessible form explains to newly arrived Ukrainians everything related to the banking system in the USA, helps to start a credit history, to create an application for tracking one's own funds. She is always eager to help. Thanks to such people, you feel like at home.

Selfreliance Ukrainian American Credit Union Review

I'm pleased with the fact that I have banked with Selfreliance in some way through most of my life. While they are no longer my primary checking or savings account, they have provided invaluable guidance by being my business account primary bank. Because I am Ukrainian and the bank caters to the local community, they have been able to refer clients to my business in return for my commitment to their business banking products. They offer competitive rates and are usually on par with big banks and the service is actually better, because they are community oriented. Also, they are bilingual, dealing mainly with Ukrainian clients, but also with Spanish clients. Their ability to adapt is well intentioned and a sign of progress for a credit union. Even the Board of the bank remains intact after many years and features people I trust. While they're a little behind in some categories like ATM advancements and credit cards, they usually catch up and are able to adapt to their clients' needs.


Health Grade Components

NCUA #7346
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD4.52%
Annual Interest Income$27.6MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$831.8MM$805.2MM
LoansQ4 2022vs Q4 2021$477.3MM$415.5MM
DepositsQ4 2022vs Q4 2021$698.9MM$677.7MM
Equity CapitalQ4 2022vs Q4 2021$124.1MM$119.7MM
Loan Loss AllowanceQ4 2022vs Q4 2021$2.0MM$2.0MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$5.6MM$3.1MM
Real Estate OwnedQ4 2022vs Q4 2021$0$0

Rates for Selfreliance Federal Credit Union are currently being reviewed.


Selfreliance Federal Credit Union Locations
Branch Office558 Summit AveJersey City, NJ 07306
Branch Office5000 N Cumberland AveChicago, IL 60656
Branch Office7345 Orchard Lake RdWest Bloomfield, MI 48322
Branch Office26495 Ryan RdWarren, MI 48091
Branch Office2332 W Chicago AveChicago, IL 60622
Branch Office60C N Jefferson RdWhippany, NJ 07981
Branch Office136 E Illinois AvePalatine, IL 60067
Branch Office734 Sanford AveNewark, NJ 07106
Branch Office11756 Charest StHamtramck, MI 48212

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