Central Federal Savings and Loan Association
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Data as of · sourced from FFIEC call reports. How we update
Central Federal Savings and Loan Association is an FDIC-insured savings institution headquartered in Cicero, IL, supervised by the OCC, with $194.6M in total assets at Q2 2026, down 1.2% from Q2 2025, the 198th largest of 319 banks headquartered in Illinois. It was established in 1892 and holds FDIC certificate 28425. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.32% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 28425
- Headquarters
- Cicero, IL
- Established
- 1892
- Total assets, Q2 2026
- $194.6M
- Assets vs Q2 2025
- -1.2%
- Tier 1 leverage ratio, Q2 2026
- 10.32%
- Domestic offices
- 3 · Central Federal Savings and Loan Association branches FDIC institution directory, current count
- Routing number
- 271971502
- Safety and soundness
- Is Central Federal Savings and Loan Association safe?
- Latest call report
- Q2 2026, FFIEC 051 · Central Federal Savings and Loan Association call report
- Asset rank in state
- 198th of 319 in Illinois
Central Federal Savings and Loan Association spends more to run itself than most banks of its size. Its balance sheet stood at $195 million at June 30, 2026, down 1.2% from a year earlier; it is based in Cicero, Illinois. It earns about $0.17 a year on every $100 of assets, a small fraction of the median of $1.28 for the 2,627 banks with $100 million to $1 billion in assets. It also spends about 92 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.65% of loans, down from 0.80% a year earlier. Its margin is thin by comparison: it keeps 2.74 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.96 cents).
As of June 30, 2026, Central Federal Savings and Loan Association reported a return on assets of 0.17%, a nonperforming-loan ratio of 0.65% and a Texas ratio of 4.41%. The figures come from its call report filed with the FFIEC.
Central Federal Savings and Loan Association ranks as the 198th largest of the 319 banks based in Illinois, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.8% to $194.6M, loans rose 0.7% and deposits rose 1.1%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 91.8% of total loans, ahead of multifamily loans at 6.5%. Its 3 offices in the FDIC Summary of Deposits are in Cicero, IL, Berwyn, IL and La Grange Park, IL; its Cicero office books 45% of its branch deposits. Judged on its Q2 2026 call report, Central Federal Savings and Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 5953 W Cermak Rd, Cicero, IL 60804
- County
- Cook
- Metro Area
- Chicago-Naperville-Elgin, IL-IN
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1892
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 42
- Domestic deposits
- $171.6M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- -$4K
- Average total assets
- $195.3M
- Average total loans
- $137.6M
- Average interest-bearing deposits
- $155.2M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28425
- Fed RSSD
- 467470
- Website
- www.centralfederalsavings.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Central Federal Savings and Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Central Federal Savings and Loan Association's total assets ran between $192.6M (Q3 2025) and $199.2M (Q4 2023), and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$194.6M total assets against $197.0M; $175.6M total liabilities against $178.5M.
$136.8M net loans and leases against $132.4M; $171.6M total deposits against $169.1M.
$28.1M securities against $32.4M; $22.3M cash and balances due against $24.6M.
$2.2M total interest income against $2.1M; $872K total interest expense against $969K.
$1.3M net interest income against $1.2M.
$142K total noninterest income against $26K; $1.3M total noninterest expense against $1.2M.
$0 provision for credit losses against $0.
$83K net income against -$3K.
0.17% return on assets against -0.01%; 2.74% net interest margin against 2.48%.
10.32% tier 1 leverage ratio against 10.17%.
Inside the full Central Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCentral Federal Savings and Loan Association rankings
Its closest position to the top of a national ranking is 1,460 of 3,640, for Texas Ratio; its furthest is 3,501 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.22% (Q1 2025) to 0.17% (Q2 2026) and its net interest margin ran from 2.36% (Q4 2024) to 2.75% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.32% | 0.17% | 0.65% | 4.41% | 2.74% |
| Q1 2026 | 10.31% | -0.05% | 0.67% | 4.51% | 2.67% |
| Q4 2025 | 10.32% | 0.07% | 0.68% | 4.60% | 2.75% |
| Q3 2025 | 10.21% | 0.05% | 0.76% | 5.19% | 2.68% |
| Q2 2025 | 10.17% | -0.01% | 0.80% | 5.36% | 2.48% |
| Q1 2025 | 10.33% | -0.22% | 0.86% | 5.67% | 2.42% |
| Q4 2024 | 10.32% | -0.21% | 0.79% | 5.14% | 2.36% |
| Q3 2024 | 10.21% | 0.02% | 0.94% | 6.21% | 2.37% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Central Federal Savings and Loan Association (main office) | Cicero , IL | 60804 | $77.7M |
| 6940 W Ogden Ave Branch | Berwyn , IL | 60402 | $49.2M |
| La Grange Park Branch | La Grange Park , IL | 60526 | $44.8M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC); 3 against individuals associated with it
- August 30, 2012, OCC: Formal Agreement: Central FS & LA
- Period: Most recent institution action August 30, 2012. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in IL, rank 232 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Central Federal Savings and Loan Association
What are Central Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, Central Federal Savings and Loan Association reported total assets of $194.6 million in its FFIEC call report.
Where is Central Federal Savings and Loan Association headquartered?
It is headquartered in Cicero, IL, United States.
When was Central Federal Savings and Loan Association founded?
It was established in 1892, per the FDIC institution directory.
Is Central Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #28425). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Central Federal Savings and Loan Association?
Central Federal Savings and Loan Association's primary federal regulator is the OCC.
How many branches does Central Federal Savings and Loan Association operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Central Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 4.41% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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