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4029 Ridge Top Rd
Fairfax, VA 22030

Apple Federal Credit Union is a Virginia-based credit union that offers personal and business banking solutions, investment and insurance planning, and specific products and benefits designed for teachers and students.

Apple FCU offers savings, checking, money market, Certificate, and IRA accounts on its personal banking side. The credit union’s fee-free student checking account offers reward points for using its free check card and also comes with a limited number of non-Apple ATM transactions. Another checking account offer is dividend bearing and comes equipped with a free box of checks each year, a limited amount of non-Apple ATM transaction fee reimbursements, and no monthly fee when a minimum balance requirement is met. Several savings account options seek to meet various members’ needs and include a basic, student, and teacher savings account. The student savings account comes with a high dividend rate for balances up to a certain amount, and the teachers’ savings account is designed to help teachers maintain a regular income through the summer months when they may not receive a paycheck. Money Market accounts offer higher dividend rates when higher balances are achieved and provide convenient access to funds. Certificates and IRA Certificates are available in term lengths from 6 to 120 months and have been featured on in the past.

Apple FCU online banking is a sophisticated system that offers comprehensive account management services, including fund transfers, bill pay, rewards activation, scan deposits, and money management software for budgeting purposes. The credit union’s mobile banking apps make it convenient and easy to accomplish the aforementioned tasks from select smartphones or tablet devices. Apple FCU is partnered with several ATM networks, including Alliance One, CO-OP, and MoneyPass, making it easy for members to gain access to their funds.

Apple Federal Credit Union was chartered in 1956 after a group of educators from the Fairfax County Public School system came together to organize a teacher-focused financial cooperative. The credit union is headquartered in Fairfax, Virginia, and serves its members through multiple branches located across several states. Apple FCU also maintains a blog that publishes money lessons and tips for saving.

Field of Membership Restrictions

Apple FCU is a "multiple bond" credit union serving the educational community and offering membership to many different organizations. Our largest membership consists of school systems in Northern Virginia: 1. Faculty, Staff, Students and Immediate Families of Fairfax County Public Schools, Falls Church City Schools, Loudoun County Public Schools, Manassas City Public Schools, Manassas Park Public Schools, Prince William County Public Schools and Stafford County Public Schools 2. Faculty, Staff, Students and Alumni of George Mason University, Northern Virginia Community College and Shenendoah University 3. Faculty and Staff of City of Winchester Public/Private Schools Employees of members of Select Employment Group (SEG). Also eligible to join are Spouses of persons who died while a member of this credit union; Employees of this credit union; persons retired as pensioners or annuitants from the above employment; VOLUNTEERS; members of their immediate families or household; and organizations of such persons. - See Details

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Higher Long-Term CD and IRA CD Rates at Apple Federal Credit Union - 9/13/2013

Banks were the first to start increasing their long-term CD rates when Treasury yields began to rise in May, but a few credit unions have also been responsive. One of those is Apple Federal Credit Uni ...

Nice People And Great Rates

I like the young lady that greets me each time I enter my branch, and the nice young man who handles my money.  They are professional and always ask about my children like a good neighbor. 

Beyond the personal service, I find that they have great rates on car loans (have 2 with them) and mortgages.  It does cost me $5 a month to have money transferred to my daughter, but other than that the checking account is FREE!  I'm not sure what the other reviewer is doing that gets so many fees.  The ATMS are FREE to use, they give cashiers checks for FREE and I can always talk to a counseler about how to manage my money.


My Primary Banking Institution For 6+ Years

I have banked with Apple FCU for over 6 years now, and I have all of my loans, credit cards, and even do my taxes through their Apple Services office at the main headquarters. Everyone I have dealt with has been extremely kind, friendly, and helpful at their main branch. I am not sure why everyone else has been posting about the number of fees Apple has. I banked with BB&T for over 8 years, and let me tell you about fees. Every time I have gotten an overdraft fee at Apple, I call into their Call Center and they ALWAYS refund the fee for me as a courtesy, which is awesome! BB&T never refunded one of my fees! I use Apple's Advantage Checking and since I have my direct deposit go into my account, it does not cost me anything. No maintenance fees or anything. Also, they gave me two free boxes of custom checks when I opened my account, which pretty much will last me forever. Not to mention I never get charged for ATM fees, no matter what type of ATM I use! ATM fees are covered entirely for my checking account, I love it! I doubt there are any other banks or credit unions that offer all of these benefits to their account holders. At the end of the day, I bank with Apple because they make me feel like I am taken care of anytime I need their help. Their rates are up and down, sometimes they are great and other times they are not so good. But I have had accounts with other banks and I can guarantee that you will never get the kind of service and attention that you will get from banking with Apple. I am looking forward to getting a mortgage and my first home soon, and when the time comes there is no question where I will be getting my loan from!

Great Personal Service And Friendly People

I have moved to California, but still have never found such a great banking institution as Apple Federal Credit Union. It seems like with all the big banks, banking has lost its touch with the tellers and branch managers knowing you personally. I have to say even though I'm in California and banking in Virginia can be tricky, I would trade this bank for anything in the world. The branch manager Manjit, I opened my account with years ago in Centreville, still remembered me and my children. When I was in a pinch and needed assistance she came through with flying colors and is such an amazing person.  5 stars from me!

Love This Bank

I've been a member since 2007 and I have no complaints. They have pushed my CC payments through upon request and they have approved me for a limit increase via telephone. They have waived fees in the past although I was at fault. No complaints!



Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Apple Federal Credit Union had $9.38 million in non-current loans and owned real-estate with $190.47 million in equity and loan loss allowances on hand to cover it. This gives Apple Federal Credit Union a Texas Ratio of 4.92% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Apple Federal Credit Union experienced no significant changes from 4.89% as of March 31, 2013 to 4.92% as of March 31, 2014, resulting in a negative change of 0.74%. This indicates that the balance sheet and financial strength for Apple Federal Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Apple Federal Credit Union has increased its total deposits by $128.94 million, resulting in 8.85% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Apple Federal Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Apple Federal Credit Union has $1.92 billion in assets with $190.47 million in equity, resulting in a capitalization level of 9.93%, which is above average.

Institution Statistics

NCUA #11307
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$1.92 billion
Loans$1.18 billion
Deposits$1.59 billion
Equity Capital$170.83 million
Loan Loss Allowance$19.64 million
Unbacked Noncurrent Loans$8.32 million
Real Estate Owned$1.06 million
Historic Data - March 2013
Assets$1.78 billion
Equity Capital$152.52 million
Loan Loss Allowance$19.30 million
Unbacked Noncurrent Loans$8.32 million
Real Estate Owned$1.22 million
Profit Margin - Quarterly
Net Interest Margin1.24%
Return on Assets0.92%
Return on Equity10.3%
Interest Income$17.87 million

Always verify rates and promotions with the bank or credit union. We are not Apple Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Apple Federal Credit Union Savings Account Rates

2.80%-$1,500eXtras Student Savings
2.00%--Education Super Saver
1.00%--Summer Pay
0.35%$100k-IRA Share
0.35%$100k-Roth IRA Share
0.35%$100k-CESA Share
0.25%--Holiday Club
0.25%--Vacation Club
0.10%--Regular Savings

Apple Federal Credit Union Money Market Rates

0.35%$100k-Super Money Market
0.30%$50k-Money Market

Apple Federal Credit Union Checking Account Rates

1.25%-$20kInvestors Checking - Qualifying
0.20%--Advantage Checking

Apple Federal Credit Union CD Rates

2.60%$500-120 Month Share Certificate
2.20%$500-84 Month Share Certificate
1.55%$50k-Jumbo 60 Month Share Certificate
1.50%$500-60 Month Share Certificate
1.25%$500-48 Month Share Certificate
0.95%$50k-Jumbo 36 Month Share Certificate
0.90%$500-36 Month Share Certificate
0.65%$500-24 Month Share Certificate
0.65%$500-36 Month Step Up Share Certificate
0.60%$50k-Jumbo 12 Month Share Certificate
0.55%$500-12 Month Share Certificate
0.55%$500-15 Month Share Certificate
0.40%$500-6 Month Share Certificate

Apple Federal Credit Union IRA Rates

2.60%$500-120 Month IRA Certificate
2.20%$500-84 Month IRA Certificate
1.55%$50k-Jumbo 60 Month IRA Certificate
1.50%$500-60 Month IRA Certificate
1.25%$500-48 Month IRA Certificate
0.95%$50k-Jumbo 36 Month IRA Certificate
0.90%$500-36 Month IRA Certificate
0.65%$500-24 Month IRA Certificate
0.65%$500-36 Month Step Up IRA Certificate
0.60%$50k-Jumbo 12 Month IRA Certificate
0.55%$500-12 Month IRA Certificate
0.55%$500-15 Month IRA Certificate
0.40%$500-6 Month IRA Certificate

Apple Federal Credit Union has 21 locations. Click to view all Apple Federal Credit Union locations.