Department Of Commerce Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.28% | 5-year IRA | 2.28% - National Average |
| 2.80% | 2-year IRA | 1.68% - National Average |
| 3.05% | 4-year IRA | 2.01% - National Average |
Department Of Commerce Federal Credit Union is headquartered in Washington and is the 3rd largest credit union in the District of Columbia. It is also the 552nd largest credit union in the nation. It was established in 1964 and as of December of 2018, it had grown to 74 employees and 18,605 members at 3 locations. Department Of Commerce Federal Credit Union's money market rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Department Of Commerce Federal Credit Union is open to individuals who live, work, attend school, or worship in Washington D.C.; employees of the U.S. Department of Commerce, NOAA or their affiliates. (Membership eligibility requirements are listed in the online application).
See current membership details
Related Posts
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 16410 |
| Year Chartered | 1964 |
| Employees | 74 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.29% |
| Return on Equity - YTD | 3.56% |
| Annual Interest Income | $17.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $504.2MM$435.1MM |
| Loans | Q4 2018vs Q4 2017 | $345.6MM$259.7MM |
| Deposits | Q4 2018vs Q4 2017 | $389.9MM$375.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $38.8MM$39.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.5MM$1.5MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $1.2MM$860.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Department Of Commerce 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.
Department Of Commerce Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Share Savings Account | |
| 0.10% | - | - | Club Account | |
| 0.10% | - | - | Youth Share Savings Account |
Department Of Commerce Federal Credit Union Money Market Rates
Department Of Commerce Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.57% | - | $20k | Performance Checking Account |
Department Of Commerce Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.28% | - | - | 60-84 Month CD | |
| 3.05% | - | - | 48-59 Month CD | |
| 3.00% | - | - | 36-47 Month CD | |
| 2.80% | - | - | 24-35 Month CD | |
| 2.47% | - | - | 12-23 Month CD | |
| 1.98% | - | - | 6-11 Month CD |
Department Of Commerce Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.28% | - | - | 60-84 Month Fixed IRA | |
| 3.05% | - | - | 48-59 Month Fixed IRA | |
| 3.00% | - | - | 36-47 Month Fixed IRA | |
| 2.80% | - | - | 24-35 Month Fixed IRA | |
| 2.47% | - | - | 12-23 Month Fixed IRA |
| Department Of Commerce Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1401 Constitution Ave NW Rm B-841A | Washington, DC 20230-0001 |
| Branch Office | 1724 F St NW | Washington, DC 20505 |
| Branch Office | 1325 E West Hwy | Silver Spring, MD 20910 |