Chicago Municipal Employees Credit Union Rates and Review February 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Chicago Municipal Employees Credit Union money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available.Have you opened an account or have any experiences at Chicago Municipal Employees Credit Union? Share your experience about by leaving a review below, or read customer reviews before you decide to use . Chicago Municipal Employees Credit Union Texas RatioChicago Municipal Employees Credit Union's Texas Ratio is at 20.86%, which is considered good. The Texas Ratio for Chicago Municipal Employees Credit Union is higher than the national average of all banks, currently at 6.13%. The Texas Ratio is a key indicator of financial health. This suggests that while Chicago Municipal Employees Credit Union has some non-performing assets, it maintains sufficient capital reserves to handle potential losses. MonitorBankRates Rating
4.5
Excellent
Out of 5.0 Stars
Chicago Municipal Employees Credit Union has earned a Smart Rating of 4.5 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions. Overall, Chicago Municipal Employees Credit Union is an excellent credit union worth considering, with an overall rating of 4.5 stars out of 5 stars. Current Interest RatesProduct
APY/APR
vs.Avg
"N/A" indicates the product is not offered or the rate is unavailable.
Chicago Municipal Employees Credit Union
Main Branch 18 S Michigan Ave
Chicago, IL 60603 
Current Rate AvailabilityWe do not have Chicago Municipal Employees Credit Union rates right now, but we are constantly updating our database so check back often for updated rates. Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Chicago Municipal Employees Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Chicago Municipal Employees Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Chicago Municipal Employees Credit Union's official website for the most current offers and terms.
Credit Union Profile & OverviewCredit Union Name: Chicago Municipal Employees Credit Union
Website: https://www.cmecuonline.org
Full Time Employees: 15Part Time Employees: 0 President: David Bryant CEO: Peter Tzortzakis Branch Locations: 3 ATM Locations: 5 Corporate Office Address:
18 S Michigan Ave
Chicago, IL 60603 Phone Number: 312-236-2326 Fax Number: 312-236-1147 FinancialsTotal Assets:
64,538,981
Total Amount of Shares and Deposits:
59,559,976
Total Shares and Deposits < 1 Year:
40,053,207
Total Shares and Deposits 1 3 Years:
18,070,688
Total Shares and Deposits > 3 Years:
1,436,081
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E):
5,350,015
Total Uninsured Shares and Deposits > $250K (F+J):
5,350,015
Total Insured Shares and Deposits > $250K (item 17 less item K):
54,209,961
Total Interest Expense (Sum of items 6 8):
395,906
Share Certificates:
191
Number of Accounts for Share Drafts:
2,390
IRA KEOGH Accounts:
45
Number of Accounts for Regular Shares:
8,786
All other shares:
594
Non Member Deposits:
19
Money Market Shares:
81
Net Income (unless the amount is already included in Undivided Earnings):
-408,058
Total Cash on Deposit (Amounts Deposited in Financial Institutions):
4,336,946
Total Liabilities:
59,565,558
Show More
Source: NCUA Last Updated 03/31/2024
Customer ReviewsThere are no reviews for Chicago Municipal Employees Credit Union yet. Feel free to create one below.
Add Your Rating and Review for Chicago Municipal Employees Credit Union
Frequently Asked Questions About Chicago Municipal Employees Credit UnionIs a member application needed to join Chicago Municipal Employees Credit Union?Yes, to access services at Chicago Municipal Employees Credit Union, a member application is required. Is there a first-time homebuyer program?Currently, Chicago Municipal Employees Credit Union provides a range of mortgage and home equity products. Is Chicago Municipal Employees Credit Union a safe place to deposit money?Yes, Chicago Municipal Employees Credit Union is considered a safe financial institution. Your accounts are federally insured by the NCUA up to $250,000 per depositor. Does Chicago Municipal Employees Credit Union offer online and mobile banking?Most modern institutions like Chicago Municipal Employees Credit Union provide digital access including online balance checks and transfers. Compare to other Credit Unions |
You can compare Chicago Municipal Employees Credit Union rates to other rates in our database, including 12-month share certificate rates currently at 3.95%, 6-month share certificate rates at 0.50% and 3-month share certificate rates at 3.75%. Savings rates are at 0.25% and money market rates are at 0.15%. Mortgage rates on 30-year fixed loans are around 6.06%. All these rates, and more, can be found in our database of rates which you can compare to 
