Sep, 30, 2025 — METROPOLITAN ""L"" FEDERAL CREDIT UNION is a federal credit union headquartered in OAK PARK, IL with 1 branch location and about $9.63 million in total assets. Opened 89 years ago in 1937, METROPOLITAN ""L"" FEDERAL CREDIT UNION has about 1,015 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | METROPOLITAN ""L"" FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 949 S Ridgeland Ave OAK PARK, IL 60304-2113 |
| Phone: | (708) 386-9272 |
| Fax: | (708) 386-9088 |
| Website: | https://www.metlfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,015 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2370 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Nov 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,626,830 |
| CEO/Manager: | Edwin Mahan |
| Chairperson: | Thomas J Castro jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,185,905 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,045,369 |
| Other Loans | 693,850 |
| TOTAL LOANS | 1,739,219 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,066 |
| Land And Building | 12,500 |
| Other Fixed Assets | 34,397 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 77,021 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,626,830 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,830 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,464 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,254,574 |
| Regular shares | 4,703,573 |
| All Other Shares & Deposits | 2,045,323 |
| TOTAL SHARES & DEPOSITS | 8,003,471 |
| TOTAL LIABILITIES | 8,054,765 |
| Regular Reserve | 0 |
| Other Reserves | 229,759 |
| Undivided Earnings | 1,342,306 |
| TOTAL EQUITY | 1,572,065 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,626,830 |
| INCOME & EXPENSE | |
| Loan Income | 159,531 |
| Investment Income | 238,397 |
| Other Income | 54,612 |
| Total Employee Compensation & Benefits | 157,630 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 165,470 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,000 |
| Cost of Funds | 70,364 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 37,076 |
| ↑ Back to Top | |