Andrews Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.91% | 5-year CD | 60 Month Share Certificate 1.85% - Synchrony Bank 60 Month CD |
| 1.61% | 4-year CD | 48 Month Share Certificate |
| 1.31% | 3-year CD | 36 Month Share Certificate 1.55% - Ally Bank High Yield 3 Year CD |
Andrews Federal Credit Union is headquartered in Suitland and is the 5th largest credit union in the state of Maryland. It is also the 221st largest credit union in the nation. It was established in 1948 and as of June of 2016, it had grown to 273 employees and 119,430 members at 14 locations. Andrews Federal Credit Union's money market rates are 36% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to anyone through the American Consumer Council. Membership is also open to those who live, work, worship, or attend school in Washington, D.C.; military and civilian personnel from Joint Base Andrews or Joint Base McGuire-Dix-Lakehurst; and other military-related qualifications.
See current membership details
Related Posts
9/12 - 3% APY For 7-Year IRA Certificate
8/9 - Overview Of Opening Andrews FCU's 3% 7-Year IRA CD
5/5 - Andrews FCU (Easy Membership) Hikes Rates For Military Appreciation Month
5/1 - May CD Promotions
3/23 - Andrews FCU (Easy Membership) Has Competitive 84-Month IRA
Great Rate - 3% 84 Month CD
In these turbulent times Andrews FCU has very competitive rates and helpful, knowledgable IRA staff. I completed, printed and mailed in their online form with instructions to move my IRA from Betterment. It all worked very smoothly and the whole process took two weeks by US Mail. I recommend you provide Andrews with wiring instructions to speed up the process.
Become a member of the American Consumer Council to be a member of Andrews Federal Credit Union if you don't have a branch nearby.
Just Joined And Opened 7 Yr 3% IRA CD
This month I joined and yesterday wired $$$ into my Roth IRA. My experience is similar to poster kainen with a couple differences. I joined the Am Consumer Council for free using the discount code "consumer".
I then joined Andrews with $5 ACH 'ed into my share account. I then contacted them by e-mail with questions. With no answer for a day or two, I called. After 20 minutes of hold and transfer,
I " finally" got the IRA dept. and a quite helpful and knowledgeable CSR who helped me with all my questions. After questions of if the rate would be good when my CD came free and I transferred around the first of month, she said if I joined, and then filled out a IRA application and emailed it into the IRA Dept., she would open the CD and wait for the money to be sent, insuring the rate for me. I was skeptical, but it worked exactly as she said. Due to the large(for me) amount I decided to wire it($20 bucks from sending CU)and it was deposited into my account that day.She also gave me her direct dial phone number and answered every time I called except once during her lunch.
Overall, a fairly easy, 1000 mile away experience.I'm not sure if we can get private messages, but I'll share her name and number for anyone wanting to open IRA and save you some time, I just don't want to post it on the forum.
Almost forgot, thanks Ken for this site. I learned of this rate and CU from this site.
Just Opened 7-Yr 3% IRA CD's Remotely
As a remote customer not related to Andrews I'd say the service is pretty good and the process went smoothly.
The steps include -
1. Joining ACC online
2. Joining AFCU online (both instantaneous, pay $5 each with credit card)
3. Print/fill out and priority mail Trustee-to-Trustee fund transfer request form (form 302 from website) to AFCU (2-day)
4. AFCU mails request form to Fidelity (2-day)
5. Fidelity wires fund to AFCU (free from Fidelity and no charge for inbound from AFCU).
6. In the meantime print/fill out an IRA application form (form 98 from website) then scan/email to AFCU before the arrival of the fund.
7. Rate is locked once fund is received.
New Customer
A bit difficult to use the web site, and it is SOOOOO slow. You may need to ONLY USE IEXPLORER to get the site to work properly.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5754 |
| Year Chartered | 1948 |
| Employees | 273 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 3.7% |
| Annual Interest Income | $20.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.16B$1.07B |
| Loans | Q2 2016vs Q2 2015 | $803.4MM$687.2MM |
| Deposits | Q2 2016vs Q2 2015 | $925.0MM$855.1MM |
| Equity Capital | Q2 2016vs Q2 2015 | $167.9MM$161.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $8.6MM$8.3MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $4.2MM$3.3MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
3% APY For 7-Year IRA Certificate
Our IRA Nest Egg Certificate is the perfect solution for those who want to stretch those savings a little farther
- 2.25% APY3 for 72 months
- 3.00% APY3 for 84 months
Overview Of Opening Andrews FCU's 3% 7-Year IRA CD
To learn more about transferring IRAs and opening IRA CDs at credit unions, please refer to this DA article by Charles Rechlin.
Always verify rates and promotions with the bank or credit union. We are not Andrews Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Andrews Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.40% | - | - | Holiday Club Account | |
| 0.40% | - | - | Vacation Club | |
| 0.31% | $100 | - | IRA Savings | |
| 0.31% | $100 | - | Base Share Savings | |
| 0.31% | $100 | - | Planner Saving |
Andrews Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.25% → Up to $1k | 0.35% → $1k - $10k | 0.40% → $10k - $50k | 0.50% → $50k - $100k | |||||
| 0.60%* | $100k* | - | IRA Money Market | ||
| OTHER TIERS: 0.25% → Up to $1k | 0.35% → $1k - $10k | 0.40% → $10k - $50k | 0.50% → $50k - $100k | |||||
Andrews Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $5k | - | Advantage Share Draft Account |
Andrews Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $10k | - | 60 Month Jumbo Share Certificate | |
| 1.91% | $1k | - | 60 Month Share Certificate | |
| 1.76% | $10k | - | 48 Month Jumbo Share Certificate | |
| 1.61% | $1k | - | 48 Month Share Certificate | |
| 1.46% | $1k | - | 48 Month Bump Up CD Special | |
| 1.36% | $10k | - | 36 Month Jumbo Share Certificate | |
| 1.31% | $1k | - | 36 Month Share Certificate | |
| 1.26% | $1k | - | 36 Month Bump Up CD Special | |
| 1.15% | $10k | - | 24 Month Jumbo Share Certificate | |
| 1.00% | $1k | - | 24 Month Share Certificate | |
| 1.00% | $1k | - | 24 Month Bump Up CD Special | |
| 0.95% | $10k | - | 12 Month Jumbo Share Certificate | |
| 0.90% | $1k | - | 12 Month Share Certificate | |
| 0.60% | $10k | - | 6 Month Jumbo Share Certificate | |
| 0.55% | $1k | - | 6 Month Share Certificate | |
| 0.55% | $50 | - | 36 Month The Generator CD Special | |
| 0.45% | $50 | - | 24 Month The Generator CD Special | |
| 0.40% | $50 | - | 12 Month The Generator CD Special |
Andrews Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $1k | - | 84 Month IRA Certificate | |
| 2.25% | $1k | - | 72 Month IRA Certificate | |
| 2.02% | $10k | - | 60 Month Jumbo IRA Certificate | |
| 1.91% | $1k | - | 60 Month IRA Certificate | |
| 1.76% | $10k | - | 48 Month Jumbo IRA Certificate | |
| 1.61% | $1k | - | 48 Month IRA Certificate | |
| 1.36% | $10k | - | 36 Month Jumbo IRA Certificate | |
| 1.31% | $1k | - | 36 Month IRA Certificate | |
| 1.15% | $10k | - | 24 Month Jumbo IRA Certificate | |
| 1.00% | $1k | - | 24 Month IRA Certificate | |
| 0.95% | $10k | - | 12 Month Jumbo IRA Certificate | |
| 0.90% | $1k | - | 12 Month IRA Certificate | |
| 0.60% | $10k | - | 6 Month Jumbo IRA Certificate | |
| 0.55% | $1k | - | 6 Month IRA Certificate |
Andrews Federal Credit Union has 14 locations. Click to view all Andrews Federal Credit Union locations.