Chicago Patrolmen's Federal Credit Union

Headquarters

1407 W. Washington
Chicago, IL 60607
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 5.50% →
1-Year CD 0.75% 5.38% →
2-Year CD 0.90% 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 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 $583.48 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 / Federally Chartered
Charter Number # # 2876
Date Established 1938
Assets $583.48 million
Loans $341.80 million
Deposits $509.76 million
Capital $49.41 million
 

Field of Membership Restrictions

Both active and retired sworn personnel, of any rank, and full-time personnel of the Chicago Police Department or the Chicago Office of Emergency Management Communications are eligible for membership. Members of approved employee groups and select associations, members' spouses, children, grandchildren, parents, brothers, sisters and domestic partners meeting criteria, retirees and their families also qualify for membership.

Deposit Rates - July 26, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
1.01% $10,000 $14,999 Learn More
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 MoreShow Less

Loan Rates - July 26, 2024

Your Current Location: Ohio, OH 43085

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 - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
New American Funding, LLC.
NMLS ID: 6606
6.585% 6.490% 1.00 $3,178 $2,021 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.701% 6.625% 0.63 $2,505 $2,049 Learn More
Rocket Mortgage
NMLS ID: 3030
7.064% 6.990% 0.75 $2,400 $2,127 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$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:
Columbus,Ohio


Chicago Patrolmen's Locations around zip code 43085




Climate Policy and Initiatives

CHICAGO PATROLMEN'S is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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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
6.26% 6.52

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 31, 2024, Chicago Patrolmen's had $3,124,451 in non-current loans and $136,173 in owned assets. To cover these potential losses it had $49,405,146 in net worth and $2,703,018 in loans loss reserves. That gives it a Texas Ratio of 6.26%.

Net Worth
Chicago Patrolmen's U.S. Average
8.45% 13.65%

Chicago Patrolmen's FCU has a net worth of 8.45% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Chicago Patrolmen's

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