Sep, 30, 2025 — METRO FEDERAL CREDIT UNION is a federal credit union headquartered in ARLINGTON HEIGHTS, IL with 1 branch location and about $71.98 million in total assets. Opened 53 years ago in 1973, METRO FEDERAL CREDIT UNION has about 3,267 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | METRO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2440 E Rand Rd ARLINGTON HEIGHTS, IL 60004-5802 |
| Phone: | (847) 670-0456 |
| Fax: | (847) 670-0401 |
| Website: | https://www.mcu.org |
| Branches: | 1 branch locations |
| Members: | 3,267 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21326 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1973 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $71,979,802 |
| CEO/Manager: | Salvatore Fragale |
| Chairperson: | Donna Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,056,755 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,761,851 |
| Unsecured Loans | 3,557,262 |
| Other Loans | 16,346,517 |
| TOTAL LOANS | 41,665,630 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -363,839 |
| Land And Building | 1,269,662 |
| Other Fixed Assets | 88,697 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 600,698 |
| All Other Assets | 0 |
| TOTAL ASSETS | 71,979,802 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,120,297 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,872,452 |
| Regular shares | 34,342,427 |
| All Other Shares & Deposits | 19,527,564 |
| TOTAL SHARES & DEPOSITS | 63,742,443 |
| TOTAL LIABILITIES | 64,862,740 |
| Regular Reserve | 0 |
| Other Reserves | 790,838 |
| Undivided Earnings | 6,326,224 |
| TOTAL EQUITY | 7,117,062 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 71,979,802 |
| INCOME & EXPENSE | |
| Loan Income | 1,820,011 |
| Investment Income | 758,000 |
| Other Income | 246,736 |
| Total Employee Compensation & Benefits | 1,112,306 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 615,813 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 72,000 |
| Cost of Funds | 507,580 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 613,268 |
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