Transportation Federal Credit Union
Transportation Federal Credit Union is headquartered in Alexandria and is the 29th largest credit union in the state of Virginia. It is also the 974th largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 52 employees and 14,794 members at 3 locations. Transportation Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Transportation Federal Credit Union is open to anyone through joining the American Consumer Council. Membership is also open to active or retired employees of the Department of Homeland Security, the Transportation Security Administration and over 100 Select Employer Groups located in Washington D.C. and the surrounding area.
See current membership details
Hard Inquiry- Denied Membership
I applied for Membership only, no savings or loan. They made a HARD inquiry 2 days after I applied. Then they asked for my license passport and paystubs then I hear nothing for days. I call to follow up they say it’s under review. I finally get a message that membership is declined due to insufficient credit history. They knew this 2 days after I applied and they had the credit info yet made me wait days for a no!!!! Completely unprofessional. I’m glad it was a no- my application experience was terrible. I’ll gladly take my little savings elsewhere-
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3140 |
| Year Chartered | 1939 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.24% |
| Return on Equity - YTD | 2.49% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $334.4MM$280.7MM |
| Loans | Q1 2025vs Q1 2024 | $213.6MM$201.6MM |
| Deposits | Q1 2025vs Q1 2024 | $301.3MM$248.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $31.4MM$30MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.3MM$1.7MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.2MM$762K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |