CHICAGO AREA OFFICE Credit Union Profile

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CHICAGO AREA OFFICE

Charter #5045 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (312) 575-5600

Fax: (312) 575-5607

Founding Date: N/A

Website: http://www.chicagoareafcu.org

Personnel & Operations

President: Mitchell, Elizabeth

Manager: Shannon, Robin

FT Employees: 2

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: 11:00AM-2:00PM MON, THURS & FRIDAY

Credit Union Profile Summary

CHICAGO AREA OFFICE is a FCU Credit Union. With a total of 1,270 members [1], this institution manages approximately $9,349,420 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 21.72% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.79% [1].

Financial Snapshot

Total Assets [1]
$9,349,420

Total economic resources.

Total Loans [1]
$2,718,594

Total value of outstanding loans.

Total Deposits [1]
$7,261,279

Total funds deposited by members.

Members [1]
1,270

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.72%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-2.01%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
37.44%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -5.38%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -6.79%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -4.58%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

600 W MADISON ST

Chicago, IL, 60661-2406
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by CHICAGO AREA OFFICE (Charter #5045).

Main Office

Coporate Office Main Office

Type: Corporate Office

600 W MADISON ST

Chicago, IL 60661-2406

Phone: (312) 575-5600

Services: Member Services, ATM

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