Central Federal SLA 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.
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Central Federal SLA's 4-Month CD rates are at 4.00%, 13-Month CD rates are at 3.25%, 7-Month CD rates are at 3.25%, IRA SPECIAL 12-Month CD Special rates are at 3.25%, IRA SPECIAL 12-Month CD Special Rollover rates are at 3.25%. Central Federal SLA's savings rates are at 0.01%. Central Federal SLA's money market rates are at 0.03%.
Rate Updates and AvailabilityCentral Federal SLA 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 Central Federal SLA? Share your experience about Central Federal SLA by leaving a review below, or read customer reviews before you decide to use Central Federal SLA. Central Federal SLA Texas RatioCentral Federal SLA's Texas Ratio is at 4.93%, which is considered excellent. The Texas Ratio for Central Federal SLA is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. MonitorBankRates Rating
5.0
Excellent
Out of 5.0 Stars
Central Federal SLA has earned a Smart Rating of 5.0 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Overall, Central Federal SLA is a excellent bank worth considering, with an overall rating of 5.0 stars out of 5 stars. Current Interest RatesRate
APY/APR
vs. Avg
"N/A" indicates the product is not offered or the rate is unavailable. 
Central Federal SLA CD Rates
Central Federal SLA Savings Rates
Central Federal SLA Money Market Rates
Central Federal SLA Checking Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Central Federal SLA is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer 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 bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Central Federal SLA 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 Central Federal SLA's official website for the most current offers and terms.
Bank Profile & OverviewCentral Federal SLA
5953 W Cermak RdCicero, IL 60804 Cook Established Date: 01/01/1892 FDIC Certificate #: 28425 Date of FDIC Deposit Insurance: 08/09/1989 How Many Domestic U.S. Offices? 3 How Many Branches are There? 3
Is Central Federal SLA FDIC Insured? Yes
What is Central Federal SLA's Cert number? 28425
What is the maximum amount for insured deposits? $250,000 per holder, per account
Financial Health & AssetsTotal Assets:
$198,617,000
Total Deposits:
$167,684,000
Equity Capital:
$18,013,000
Net Income:
$-1,000
Return on Assets (ROA):
0.0515%
Return on Equity (ROE):
0.5600%
Headquarters:
Cicero
Regulator:
OCC
# of Offices:
3
Source: FDIC | Last Updated 03/31/2024
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Add Your Rating and Review for Central Federal SLA
Frequently Asked Questions About Central Federal SLAHow do I open an account at Central Federal SLA?You can typically open an account at Central Federal SLA by visiting a local branch or applying through their official website. Is there a first-time homebuyer program?Currently, Central Federal SLA provides a range of mortgage and home equity products. Is Central Federal SLA a safe place to deposit money?Yes, Central Federal SLA is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor. Does Central Federal SLA offer online and mobile banking?Most modern institutions like Central Federal SLA provide digital access including online balance checks and transfers. Compare to other Banks |
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