Intro – Chicago Patrolmen’s Federal Credit Union Reviews & Ranking
Chicago Patrolmen’s Federal Credit Union was recently ranked and reviewed by AdvisoryHQ as a top rated credit union. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s groundbreaking, four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our Chicago Patrolmen’s Federal Credit Union review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The review below provides a detailed assessment, including some of the factors used by AdvisoryHQ News in its ranking and selection of Chicago Patrolmen’s Federal Credit Union.
Chicago Patrolmen’s Federal Credit Union Review
Chicago Patrolmen’s Federal Credit Union began serving the financial needs of Chicago police officers and their families in 1938 when a group decided to create a financial pool that would bring them shared benefits. The Board of Directors that serves as the administration of this credit union is made up of only current and former police officers from the city of Chicago.
Chicago Patrolmen’s Federal Credit Union has grown to a membership of more than 31,000 members, and there are assets of more than $381 million. The mission statement involves serving the financial needs of officers and their families to help them achieve their life goals.
Image Source: City of Chicago
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed reviews, Chicago Patrolmen’s Federal Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
Chicago Patrolmen’s Federal Credit Union Review: Blue Line Rewards Credit Card
The Blue Line Rewards Credit Card is offered to members who are seeking competitive fees and interest rates as well as the opportunity to earn points on their spending.
This card includes 30,000 bonus points when a member spends $3,000 on purchases within the first 90 days. Additionally, the card earns users one point per dollar spent on each purchase. There are also Bonus Point Days that occur every month so that members can earn even more points on these particular days.
This card also has no annual fee and a 25-day interest-free grace period for purchases. There is a low, non-variable APR not only for purchases but also balance transfers and cash advances.
As well as being available with the use of credit cards, there are also Debit Card Rewards available to members.
Chicago Patrolmen’s Federal Credit Union Review: Financial Planning
Financial planning is offered to members through an alliance with MAF Companies, which is a financial planning company founded in 1967. Members can learn how to better manage their money and plan for a strong financial future through this valuable partnership. MAF team members offer expertise in the following areas:
- Retirement planning
- Investing
- Financial protection
- Estate planning
- Insurance
- College savings
Interested members can simply fill out an online form to indicate they’d like to make an appointment with one of these expert advisors.
In addition to reviewing the above Chicago Municipal Employees Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top credit unions:
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AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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