Selfreliance Federal Credit Union is headquartered in Chicago and is the 12th largest credit union in the state of Illinois. It is also the 433rd largest credit union in the nation. It was established in 1951 and as of June of 2024, it had grown to 136 employees and 44,591 members at 11 locations. Selfreliance Federal Credit Union's money market rates are 9X the national average, and it boasts 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
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Selfreliance Credit Union
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.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7346 |
| Year Chartered | 1951 |
| Employees | 136 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 2.2% |
| Annual Interest Income | $30.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.03B$1.08B |
| Loans | Q2 2024vs Q2 2023 | $580.4MM$499.4MM |
| Deposits | Q2 2024vs Q2 2023 | $809.3MM$720.5MM |
| Equity Capital | Q2 2024vs Q2 2023 | $135MM$127.1MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $2.1MM$2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $7.4MM$8.3MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
