Maroon Financial Credit Union

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A short history of Maroon Financial CU

Since its inception in 1957 the Maroon Financial Credit Union has been serving its members in the CHICAGO, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Lawrence Chlum, the Maroon Financial CU has grown its membership to over 7,062 with assets of more than $42,145,039. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (773) 702-7179 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHICAGO, IL.

General Information For Maroon Financial CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62497
Address 5525C S ELLIS AVE 
State Illinois 
Zip-Code 60637
Phone Number (773) 702-7179
Fax Number (773) 702-2903
Email Address: none
CEO/President Lawrence Chlum
Members 7,062 
Full-Time Employees 15 
Part-Time Employees
Number of Branch Offices
Total Assets 42,145,039 

Compare Maroon Financial Credit Union To Other Local Credit Unions

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Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Park Manor Christian Church CU Park Manor Christian Church Credit Union 600 E 73rd St 60619 (773) 483-0840 No 1.44
Israel Methcomm CU Main Office 7620 S Cottage Grove Ave 60619 (773) 483-1131 No 1.75
Cosmopolitan CU Main Office 5259 S Wabash Ave 60615 (773) 536-3614 No 1.90
South Side Community CU Main Office 5401 S Wentworth Ave 60609 (773) 548-5500 No 2.05
Berean CU Berean Credit Union 5147 S Dearborn St 60609 (773) 924-0381 No 2.09

Maroon Financial Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Maroon Financial Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.80 4.17 5.42 3.34 4.11
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 402 302 373 53 114
Rank Among All Illinois Credit Unions 49 80 86 10 20

Maroon Financial Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.02 0.20 1.13 0.32
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 151 114 148 257
Rank Among All Illinois Credit Unions N/A 43 22 19 38
Maroon Financial Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.800327326,526
All Other Unsecured Loans/Lines of Credit 7.3201,0342,555,045
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.1806188,462
New Vehicle Loans 4.170851,421,813
Used Vehicle Loans 5.4202131,931,599
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.3405914,070,277
Total Other Real Estate Loans/Lines of Credit 4.110783,955,053
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7904420,401
TOTAL LOANS & LEASES 1,90124,369,176

Maroon Financial Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 183,049,341154,118,685
    b. 15 Years or less 153,025,1336878,500
    a. > 15 years 61,716,28811,000,000
    b. 15 Years or less 206,279,5152540,700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 633,294,4182130,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 15660,63500
Open-End Fixed Rate 0000
TOTALS 13718,025,330266,667,885


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 15660,6350
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Maroon Financial Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes