Democracy Federal Credit Union is headquartered in Alexandria and is the 39th largest credit union in the state of Virginia. It is also the 1,359th largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 24 employees and 12,468 members at 6 locations. Democracy Federal Credit Union has a B+ health rating.
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
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.
This is a terrible financial institution. You can call them any time of day but noone answers the phone and if you leave a message with your name and number they will never get back to you. It took TWO MONTHS from the date that I opened my account to receive a debit card. They do not cash checks for anyone as a policy, even if you are a paying member, and any checks you deposit will have a hold placed on them for one to two days. The employees are apathetic and rude and the management doesn't know the meaning of customer service. I wouldn't recommend this credit union to my worst enemy.
|Return on Assets - YTD||0.32%|
|Return on Equity - YTD||3.84%|
|Annual Interest Income||$5.3MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$174.6MM$176.4MM|
|Loans||Q3 2022vs Q3 2021||$126.6MM$112.8MM|
|Deposits||Q3 2022vs Q3 2021||$156.5MM$157.1MM|
|Equity Capital||Q3 2022vs Q3 2021||$14.6MM$15.7MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$797.00K$724.00K|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$98.00K$62.00K|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$87.00K|
Rates for Democracy Federal Credit Union are currently being reviewed.
|Democracy Federal Credit Union Locations|
|Branch Office||5720 Silver Hill Rd||District Heights, MD 20747|
|Branch Office||200 Independence Ave SW||Washington, DC 20201|
|Branch Office||300 Spring Garden St||Philadelphia, PA 19123|
|Branch Office||400 N Columbus St||Alexandria, VA 22314|
|Branch Office||400 N Columbus St||Alexandria, VA 22314-2259|
|Branch Office||550 C St SW||Washington, DC 20024-2572|