Metro Federal Credit Union

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A short history of Metro FCU

Since its inception in 1973 the Metro Federal Credit Union has been serving its members in the ARLINGTON HEIGH, 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 Salvatore Fragale, the Metro FCU has grown its membership to over 2,923 with assets of more than $43,647,014. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (847) 670-0456 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ARLINGTON HEIGH, IL.

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

Charter Number 21326
Address 2440 E RAND RD 
State Illinois 
Zip-Code 60004
Phone Number (847) 670-0456
Fax Number (847) 670-0401
Email Address:
CEO/President Salvatore Fragale
Members 2,923 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 43,647,014 

Compare Metro Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Meadows CU Corporate Office 2401 Plum Grove Rd Ste 100 60067 (847) 342-9300 No 2.53
A.a.e.c. CU AAEC Credit Union Office 115 S Wilke Rd 60005 (847) 392-1922 No 2.54
Andigo CU Deer Park, IL 21440 W Lake Cook Rd 60010 (847) 862-2087 No 4.65
Federal Life Employees CU Main Office 3750 Deerfield Rd 60015 (847) 520-1900 No 4.92
Encore CU Main 25 E Algonquin Rd Bldg C 60016 (866) 338-6728 No 6.52

Metro Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Metro Federal 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 12.80 2.79 3.99 4.75 4.74
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 447 119 202 238 199
Rank Among All Illinois Credit Unions 58 36 53 41 40

Metro Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.04 0.04 0.15 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 146 144 324 283
Rank Among All Illinois Credit Unions 23 40 30 61 48
Metro Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.8001,0671,294,294
All Other Unsecured Loans/Lines of Credit 11.9002872,311,109
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7901031,850,642
Used Vehicle Loans 3.9903393,951,235
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.750488,313,057
Total Other Real Estate Loans/Lines of Credit 4.7401284,609,714
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.99013115,592
TOTAL LOANS & LEASES 1,98522,445,643

Metro Federal 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 214,348,36300
    b. 15 Years or less 273,964,69421,036,193
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 31944,3627213,954
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 973,665,3526355,074
Open-End Fixed Rate 0000
TOTALS 17612,922,771151,605,221


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

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