Bank · FDIC insured
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION
A $194.6M bank headquartered in Cicero, IL, with 3 branches in Illinois. Best rates: CDs 4.25% and savings 0.05% APY.
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#101 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION
- Headquarters
- 5953 W Cermak Rd, Cicero, IL 60804
- FDIC certificate
- 28425 ↗
Branches
3 branches in Illinois
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Illinois
3 branches
- Central Federal Savings and Loan AssociationMain office5953 W Cermak Rd, Cicero, IL 60804Directions
- 6940 W Ogden Ave Branch6940 Ogden Ave, Berwyn, IL 60402Directions
- La Grange Park Branch1921 E 31st St, La Grange Park, IL 60526Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.32% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.65% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.06% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $81 | $81 | — |
- CapitalLeverage ratio10.32%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.65%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.06%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$81Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.