Overview / Commentary
DC Credit Union is headquartered in Washington and is the 14th largest credit union in the District of Columbia. It is also the 2,058th largest credit union in the nation. It was established in 1954 and as of December of 2019, it had grown to 20 employees and 11,359 members at 3 locations. DC Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of the District of Columbia Government or other select employers. Also open to those who live, work, or worship in the Adams Morgan, Mount Pleasant or Columbia Heights communities.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. DC Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 16411 |
| Year Chartered | 1954 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.22% |
| Return on Equity - YTD | 10.05% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $65.1MM$62.8MM |
| Loans | Q4 2019vs Q4 2018 | $46.6MM$46.4MM |
| Deposits | Q4 2019vs Q4 2018 | $56.0MM$54.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $7.9MM$7.0MM |
| Secondary Capital | Q4 2019vs Q4 2018 | $500.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.3MM$1.1MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.1MM$710.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |