Credit union · NCUA insured
Metro Federal Credit Union
A $78.7M credit union headquartered in Arlington Heights, IL, with 3,292 members and 2 branches in 2 states. Best rates: CDs 4.33% and savings 0.50% APY.
Metro Federal Credit Union Carrot Score
81
Carrot Score
Higher than 55% of U.S. banks and credit unions
#56 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Metro Federal Credit Union
Founded in June 1973 by municipal employees of Arlington Heights and Mount Prospect, Illinois, Metro Federal Credit Union is based in Arlington Heights, Illinois.
Originally known as Arlington Heights Governmental Employee Federal Credit Union, it adopted its current name in 1985 and now serves portions of Cook, DuPage, Lake, and McHenry Counties.
- Headquarters
- 2440 E Rand Rd, Arlington Heights, IL 60004-5802
- NCUA charter
- 21326
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- You are eligible to join if you have a business within the community charter and/or regularly conduct business in the community.
- You are eligible to join if you live in the boundaries of METRO's community charter.
- You are eligible to join if you volunteer within the boundaries of METRO's community charter.
- You are eligible to join if you work in the boundaries of METRO's community charter.
- You are eligible to join if you worship or attend school within the boundaries of METRO's community charter.
Employers and groups
- You are eligible to join if you are employed by one of METRO's Sponsoring Employer Groups.
1 more way to join
Family and household
- You are eligible to join if you are an immediate family or household member of an existing METRO Federal Credit Union member.
Cost to join
- Opening an account requires an initial deposit along with a valid ID and proof of eligibility.
Branches
2 branches in 2 states
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Florida
1 branch
- CO-OP Network615 Channelside Dr Ste 204, Tampa, FL 33602Directions
Illinois
1 branch
- Main OfficeMain office2440 E Rand Rd, Arlington Heights, IL 60004Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.64% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.83% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.06% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $58 | $59 | — |
- CapitalNet worth ratio9.64%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.83%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.06%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$58Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 loans 60 or more days late.
Regulators’ own ratings of Metro Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.