2020 Overview
General Credit Union Information
Chicago Patrolmen's is an NCUA insured institution located in Chicago, IL. It was founded in 1938 and has approximately $421.25 millions in assets.
Who can join?
Members of approved employee groups and select associations, listed below, are eligible for membership. Members' spouses, children, grandchildren, parents, brothers, sisters and Domestic Partners meeting criteria, may also join. Retirees and their families from eligible groups also qualify for membership.
Both active and retired sworn personnel, of any rank, and full-time personnel of the following departments:
• Chicago Police Department
• Office of Emergency Management- Chicago
• Chicago Fraternal Order of Police Lodge #7*
• Orland Park Police Department
• Niles Police Department
• Midlothian Police Department
• South Holland Police Department
• Bridgeview Police Department
• Lincolnwood Fraternal Order of Police Lodge #23*
• Crete Police Department
• Berwyn Police Department
• Norridge Police Department
• Blue Island Police Department
• Policemen’s Annuity and Benefit Fund of Chicago
• Calumet City Police Department
• Lakemoor Police Department
• Hinsdale Police Department
• Riverside Police Department
• Stone Park Police Department
• Brookfield Police Department
• North Riverside Police Department
• Evanston Police Department
• Villa Park Police Department
• Triton College Police Department
• Westchester Police Department
• Cicero Police Department
• Broadview Police Department
• McCook Police Department
• Elmwood Park Police Department
• City of Chicago Department of Aviation Security
• Lake in the Hills Police Department
• Coal City Police Department
• Palatine Police Department
• Cook County Sheriff’s Police Fraternal Order of Police Lodge #4*
• Des Plaines Police Department
• Illinois State Police
• John H. Stroger, Jr. Hospital of Cook County Police Department
• City of McHenry Police Department
• Maywood Police Department
• Bedford Park Police Department
• Northeastern Illinois University Police Department
• Oak Brook Police Department
• Olympia Fields Police Department
• Darien Police Department
• North Chicago Police Department
• Cook County Sheriff's Department
• Illinois AMVETS Police Post #18*
• Chicago Patrolmen’s Federal Credit Union
| NCUA Insured | Yes |
| Charter Number # | # 2876 |
| Date Established | 1938 |
| Assets | $421.25 million |
| Loans | $280.51 million |
| Deposits | $375.54 million |
| Capital | $40.46 million |
Field of Membership Restrictions
Deposit Rates - October 27, 2020
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.03% | $2,500 | $4,999 |
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|
|
Money Market
|
0.25% | $2,500 | $2,999 |
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|
|
Money Market
|
0.25% | $10,000 | $14,999 |
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|
|
Money Market
|
0.35% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.50% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.50% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.75% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.01% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.01% | $100,000 | $199,999 |
Learn More
|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.25% | $2,500 | $3,499 | Learn More |
Loan Rates - October 27, 2020
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for CHICAGO PATROLMEN'S
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Connecticut 30 Year Fixed Mortgage Rates 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
3.746% | 3.625% | 1.00 | $3,750 | $1,141 | Learn More |
NMLS ID: 2890 License#: 13256 |
2.674% | 2.625% | 0.63 | $1,595 | $1,005 | Learn More |
|
NMLS ID: 3030 |
3.746% | 3.625% | 1.00 | $3,750 | $1,141 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
People's United Bank, N.A. See Table |
4.000 %
|
$0 |
Learn More
More Info |
Third Federal Savings and Loans See Table |
2.240 %
|
$0 |
Learn More
More Info |
Note to CHICAGO PATROLMEN'S
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Chicago Patrolmen's branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Fairfield,Connecticut
Chicago Patrolmen's Locations
Financial Details
Chicago Patrolmen's Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Chicago Patrolmen's. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Chicago Patrolmen's | U.S. Average |
|---|---|
| 5.09% | 6.71 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of March 30, 2020, Chicago Patrolmen's had $1,832,428 in non-current loans and $363,271 in owned assets. To cover these potential losses it had $40,458,173 in net worth and $2,719,268 in loans loss reserves. That gives it a Texas Ratio of 5.09%.
Net Worth
| Chicago Patrolmen's | U.S. Average |
|---|---|
| 9.6% | 13.61% |
Chicago Patrolmen's FCU has a net worth of 9.6% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About Chicago Patrolmen's
Branches and Savings
What is Chicago Patrolmen's?
A federal credit union, registered with the NCUA under certificate #2876.
Learn more about credit unions here.
Is Chicago Patrolmen's FDIC insured?
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Who can join Chicago Patrolmen's?
Please see Field of Membership information above for information on who is eligible to join.
How big is Chicago Patrolmen's?
Chicago Patrolmen's has total capital of $40.46 million. Full information on Chicago Patrolmen's's financial position is located above.
Who owns Chicago Patrolmen's?
Credit Unions are owned by their members.
Where are Chicago Patrolmen's branches located?
See branch locations nearby.
Are Chicago Patrolmen's ATMs Open 24/7?
Do Chicago Patrolmen's ATMs accept cash deposits?
Can Chicago Patrolmen's customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Chicago Patrolmen's have a mobile app?
Does Chicago Patrolmen's have mobile deposit?
Does Chicago Patrolmen's have quick pay?
How can Chicago Patrolmen's transfer money to other banks or credit unions?
Does Chicago Patrolmen's report to credit bureaus?
Does Chicago Patrolmen's use Chexsystems?
Does Chicago Patrolmen's use Equifax?
What is Chicago Patrolmen's's toll free phone number?
What is Chicago Patrolmen's's ACH Routing Number?
What is Chicago Patrolmen's's SWIFT code?
Where can I find Chicago Patrolmen's's wire transfer form?
What is the Chicago Patrolmen's address for deposits?
What Products Does Chicago Patrolmen's Offer
Does Chicago Patrolmen's offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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