Democracy Federal Credit Union
Democracy Federal Credit Union is headquartered in Alexandria and is the 38th largest credit union in the state of Virginia. It is also the 1,342nd largest credit union in the nation. It was established in 1936 and as of March of 2025, it had grown to 34 employees and 12,409 members at 4 locations. Democracy Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, or regularly conduct business in most areas of the City of Alexandria, Arlington and Fairfax Counties, Virginia, most areas of Prince George’s and Montgomery Counties in Maryland, and all areas of the city of Washington D.C.
See current membership details
Exception Service
Democracy provided me with exceptional service. They helped me with a debt consolidation loan. I couldn't be happier. Highly recommend them.
Great Experience
I am not sure why this credit union has such bad reviews.
I opened an account online, had several conversations on the phone and visited the Alexandria branch.
The staff is pleasant, and I was able to open a ROTH IRA at a very competitive rate.
$25 Reward For Membership Sponsor At DFCU
Seeking an Existing Member at Democracy Federal Credit Union (DFCU) to sponsor me to join DFCU. $25 reward paid to that member upon approval of my membership application . Please contact me at 4133150259 or PM by hitting chrisking above.
Thanks,
Chris
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1407 |
| Year Chartered | 1936 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.29% |
| Return on Equity - YTD | -18.75% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $183MM$192.7MM |
| Loans | Q1 2025vs Q1 2024 | $134.9MM$147MM |
| Deposits | Q1 2025vs Q1 2024 | $162.4MM$162.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $12.5MM$15MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.9MM$1.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $816K$1.6MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $87K$87K |