Overview / Commentary
Congressional Federal Credit Union is headquartered in Oakton and is the 14th largest credit union in the state of Virginia. It is also the 341st largest credit union in the nation. It was established in 1953 and as of September of 2019, it had grown to 156 employees and 47,065 members at 5 locations. Congressional Federal Credit Union's CD rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Congressional Federal Credit Union is open to those who work for the U.S. House of Representatives, to certified lobbyists and employees of lobbyists, employees of the legislative branch of the U.S. government and other Select Employer Groups.
See current membership details
Health
A
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8797 |
| Year Chartered | 1953 |
| Employees | 156 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 7.63% |
| Annual Interest Income | $26.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $960.8MM$933.5MM |
| Loans | Q3 2019vs Q3 2018 | $594.8MM$562.7MM |
| Deposits | Q3 2019vs Q3 2018 | $858.9MM$839.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $95.8MM$85.0MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $3.0MM$2.6MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $5.5MM$6.1MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |