Selfreliance Federal Credit Union is headquartered in Chicago and is the 15th largest credit union in the state of Illinois. It is also the 501st largest credit union in the nation. It was established in 1951 and as of March of 2022, it had grown to 108 employees and 24,427 members at 9 locations. Selfreliance Federal Credit Union has an A+ health rating.
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
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.
|Return on Assets - YTD||0.46%|
|Return on Equity - YTD||3.14%|
|Annual Interest Income||$5.0MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$818.6MM$751.1MM|
|Loans||Q1 2022vs Q1 2021||$426.3MM$376.4MM|
|Deposits||Q1 2022vs Q1 2021||$690.8MM$628.0MM|
|Equity Capital||Q1 2022vs Q1 2021||$120.1MM$116.1MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$2.0MM$4.1MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$2.6MM$5.6MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$20.00K|
Rates for Selfreliance Federal Credit Union are currently being reviewed.
|Selfreliance Federal Credit Union Locations|
|Branch Office||558 Summit Ave||Jersey City, NJ 07306|
|Branch Office||5000 N Cumberland Ave||Chicago, IL 60656|
|Branch Office||7345 Orchard Lake Rd||West Bloomfield, MI 48322|
|Branch Office||26495 Ryan Rd||Warren, MI 48091|
|Branch Office||2332 W Chicago Ave||Chicago, IL 60622|
|Branch Office||60C N Jefferson Rd||Whippany, NJ 07981|
|Branch Office||136 E Illinois Ave||Palatine, IL 60067|
|Branch Office||734 Sanford Ave||Newark, NJ 07106|
|Branch Office||11756 Charest St||Hamtramck, MI 48212|