Library Of Congress Federal Credit Union

Library Of Congress Federal Credit Union Locations

101 Independence Ave SE Rm 634
Washington, DC 20540--000
(800) 325-2328
www.lcfcu.org

NCUA

OverView
Rates
Health
Reviews

Library Of Congress Federal Credit Union is headquartered in WASHINGTON and is the 5^th largest credit union in the District of Columbia. It is also the 842^nd largest credit union in the nation. It was established in 1935 and as of December of 2012, it had grown to 27 employees and 9,776 members. Library Of Congress Federal Credit Union has a 5-star health rating.

Best CD and IRA CD Rates in Washington DC at the Library of Congress FCU - Local Only - 6/8/2010

Library of Congress FCU is offering some very competitive CD and IRA CD rates. Minimum deposit is $500 for a CD and $1,000 for an IRA. The following is a list of some of the best CD rates as shown in ...

4.45% 60-Month / 4.15% 24-Month CD at a DC Credit Union (Library of Congress) - 3/3/2008

Update 4/05/08: The CD rates have fallen by 25 basis points on all terms. The 60-month CD yield is now 4.45% APY and the 24-month yield is 4.15% APY. The title has been modified to reflect this change.Library of Congress FCU continues to offer...

5.20% 60-Month / 5.00% 36-Month CD at a DC Credit Union (Library of Congress). - 2/15/2008

Update 3/1/08: The CD rates have fallen. Please check the institution's website for the latest rates.Library of Congress FCU has some very competitive certificate rates on all terms. The yields range from 4.70% APY for a 3-month term to 5.20% APY for...

5.60% 60-Month CD at a DC Credit Union (Library of Congress) - 11/2/2007

Library of Congress FCU has some competitive certificate rates on share certificate terms from 3 to 60 months. The yields range from 5.10% APY for a 3-month term to 5.60% APY for 60-month term. The mininum deposit is $500. Traditional, Roth, SEP and...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Library Of Congress Federal Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	Share Draft Checking

Library Of Congress Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.35%	-	-	IRA Share Savings
0.35%	-	-	Roth IRA Share Savings
0.35%	-	-	CESA Share Savings
0.10%	-	-	Share Savings
0.10%	-	-	Holiday Savings
0.10%	-	-	Vacation Savings

Library Of Congress Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$75k	-	Money Market Share Account

Library Of Congress Federal Credit Union CD Rates

Apy	Min	Max	Product
1.65%	$500	-	60 Month Share Certificate
1.35%	$500	-	48 - 59 Month Share Certificate
1.00%	$500	-	36 - 47 Month Share Certificate
0.90%	$5k	-	24 Month Monthly Dividend Certificate
0.85%	$500	-	24 - 35 Month Share Certificate
0.70%	$500	-	18 - 23 Month Share Certificate
0.50%	$500	-	12 - 17 Month Share Certificate
0.40%	$500	-	6 - 11 Month Share Certificate
0.20%	$500	-	3 - 5 Month Share Certificate

Library Of Congress Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.75%	$1k	-	60 Month IRA Certificate
1.75%	$1k	-	60 Month CESA Certificate
1.75%	$1k	-	60 Month SEP IRA Certificate
1.75%	$1k	-	60 Month Roth IRA Certificate
1.45%	$1k	-	48 - 59 Month IRA Certificate
1.45%	$1k	-	48 - 59 Month CESA Certificate
1.45%	$1k	-	48 - 59 Month SEP IRA Certificate
1.45%	$1k	-	48 - 59 Month Roth IRA Certificate
1.10%	$1k	-	36 - 47 Month IRA Certificate
1.10%	$1k	-	36 - 47 Month CESA Certificate
1.10%	$1k	-	36 - 47 Month SEP IRA Certificate
1.10%	$1k	-	36 - 47 Month Roth IRA Certificate
0.95%	$1k	-	24 - 35 Month IRA Certificate
0.95%	$1k	-	24 - 35 Month CESA Certificate
0.95%	$1k	-	24 - 35 Month SEP IRA Certificate
0.95%	$1k	-	24 - 35 Month Roth IRA Certificate
0.85%	$1k	-	18 - 23 Month IRA Certificate
0.85%	$1k	-	18 - 23 Month CESA Certificate
0.85%	$1k	-	18 - 23 Month SEP IRA Certificate
0.85%	$1k	-	18 - 23 Month Roth IRA Certificate
0.60%	$1k	-	12 - 17 Month IRA Certificate
0.60%	$1k	-	12 - 17 Month CESA Certificate
0.60%	$1k	-	12 - 17 Month SEP IRA Certificate
0.60%	$1k	-	12 - 17 Month Roth IRA Certificate

Rates updated: 6/10/2013 * Not all products updated

Data for Q4 2012

Institution Statistics

LIBRARY OF CONGRESS
NCUA #	266
BankRate Report	View
Year Chartered	1935
Employees	27
Primary Regulator
Assets and Liabilities
Assets	$218.13 million
Loans	$121.36 million
Deposits	$188.76 million
Equity Capital	$25.41 million
Loan Loss Allowance	$1.40 million
Unbacked Noncurrent Loans	$841,000
Historic Data - December 2011
Assets	$208.12 million
Equity Capital	$23.87 million
Loan Loss Allowance	$1.27 million
Unbacked Noncurrent Loans	$967,000
Profit Margin - Quarterly
Net Interest Margin	4.39%
Return on Assets	0.71%
Return on Equity	6.09%
Interest Income	$7.09 million
Non-Interest Income	$1.97 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Library Of Congress Federal Credit Union had $841,000 in non-current loans and owned real-estate with $26.81 million in equity and loan loss allowances on hand to cover it. This gives Library Of Congress Federal Credit Union a Texas Ratio of 3.14% 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 Library Of Congress Federal Credit Union decreased slightly from 3.85% as of December 31, 2011 to 3.14% as of December 31, 2012, resulting in a positive change of 18.48%.This indicates that the balance sheet and financial strength for Library Of Congress Federal Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Library Of Congress Federal Credit Union has increased its total deposits by $6.33 million, resulting in 3.47% 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 Library Of Congress Federal Credit Union has shown is above average.
Capitalization
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. Library Of Congress Federal Credit Union has $218.13 million in assets with $26.81 million in equity, resulting in a capitalization level of 12.29%, which is excellent.