Central Federal Savings And Loan Association is a bank based in Cicero, Illinois, established in 1892, with $193 million in total assets across 3 branches. By Trust Grade it ranks 273rd of 328 banks we track in Illinois. Its capital ratio of 9.8% trails most similarly sized banks (44th percentile), versus a Illinois median of 10.3%. It posted a loss over the most recent period (-0.05% return on assets), a point to watch. No consumer complaints against Central Federal Savings And Loan Association appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Central Federal Savings And Loan Association compares to Illinois peers
How we graded Central Federal Savings And Loan Association
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.8% capital ratio)
- Unprofitable over the period (ROA -0.05%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Central Federal Savings And Loan Association over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 6940 Ogden Ave, Berwyn, IL 60402
- 5953 W Cermak Rd, Cicero, IL 60804
- 1921 E 31st St, La Grange Park, IL 60526
Are deposits at Central Federal Savings And Loan Association insured?
Yes. Central Federal Savings And Loan Association is an FDIC-insured bank (FDIC certificate #28425). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Central Federal Savings And Loan Association: frequently asked questions
Is Central Federal Savings And Loan Association a good bank?
Central Federal Savings And Loan Association earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (9.8% capital ratio); Unprofitable over the period (ROA -0.05%).
Is Central Federal Savings And Loan Association FDIC-insured?
Yes. Central Federal Savings And Loan Association is a FDIC-insured bank (FDIC certificate #28425). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Central Federal Savings And Loan Association?
Central Federal Savings And Loan Association holds $193 million in total assets, ranking 273rd of 328 banks we track in Illinois. It operates 3 branches.
Does Central Federal Savings And Loan Association have CFPB complaints?
No CFPB complaints against Central Federal Savings And Loan Association appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
