Illinois Service Federal Savings and Loan Association

Chicago IL


The awardee is a federally chartered thrift with total assets of over $113 million.

CDFI Awards for Illinois Service Federal Savings and Loan Association


TA (2009) - $95,267

Illinois Service Federal (ISF) is a regulated Thrift in operation since 1934. Started by African-Americans to serve the African-American community, ISF is a certified CDFI that provides retail financial services and home mortgage lending to low and moderate residents of the South Side of Chicago. ISF is requesting a 2009 TA grant for: 1) technology improvements; 2) expanded marketing including a market study of the growing Latino market; 3) training; and 4) the development of improved impact measures.



BEA (2000) - $16,308

Illinois Service Federal Savings and Loan Association of Chicago, Illinois received an award of $16,308 for increasing its financial services and community services and consumer, single-family housing, multi-family housing, commercial real estate and small business lending. The bank provided lending, investment, and service activities totaling almost $1.5 million in distressed communities in Chicago.



Other Community Development Financial Institutions in Illinois





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