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Department Of Commerce Federal Credit Union


Overview / Commentary
www.docfcu.org
202-808-3600
1401 Constitution Ave NW B-0038A
Washington, DC 20230

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 561st largest credit union in the nation. It was established in 1964 and as of December of 2019, it had grown to 75 employees and 18,586 members at 3 locations. Department Of Commerce Federal Credit Union's CD rates are 23% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Department Of Commerce Federal Credit Union is open anyone through membership in the Maryland Consumer Council. Individuals who live, work, worship, or attend school in Washington D.C. qualify for membership, as do the employees of the U.S. Department of Commerce, NOAA, or affiliates.
See current membership details

Related Posts

DOCFCU Offers Competitive Rewards Checking Account - 5/11/2020

Department of Commerce Federal Credit Union (easy membership) Performance Checking currently earns 2.33% APY on qualifying balances up to $20k.

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Health
A

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #16410
Year Chartered1964
Employees75
Primary Regulator
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD4.5%
Annual Interest Income$21.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$529.4MM$504.2MM
LoansQ4 2019vs Q4 2018$390.7MM$345.6MM
DepositsQ4 2019vs Q4 2018$421.5MM$389.9MM
Equity CapitalQ4 2019vs Q4 2018$41.7MM$38.8MM
Secondary CapitalQ4 2019vs Q4 2018$4.4MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.5MM$1.5MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$780.00K$1.2MM
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Share Savings Account
0.05%--Club Account
0.05%--Youth Share Savings Account

Department Of Commerce Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-Money Market Account
OTHER TIERS: 0.15% → $2.5k - $20k | 0.20% → $20k - $50k
0.25%*$50k*-IRA Money Market Account
OTHER TIERS: 0.15% → $100 - $20k | 0.20% → $20k - $50k

Department Of Commerce Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.33%-$20kPerformance Checking Account

Department Of Commerce Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.52%$500-60-84 Month CD
1.37%$500-48-59 Month CD
1.32%$500-36-47 Month CD
1.27%$500-24-35 Month CD
1.11%$500-12-23 Month CD
0.83%$500-6-11 Month CD

Department Of Commerce Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.52%$500-60-84 Month Fixed IRA
1.37%$500-48-59 Month Fixed IRA
1.32%$500-36-47 Month Fixed IRA
1.27%$500-24-35 Month Fixed IRA
1.11%$500-12-23 Month Fixed IRA
Locations


Department Of Commerce Federal Credit Union Locations
Branch Office1325 E West HwySilver Spring, MD 20910
Branch Office1401 Constitution Ave NW Rm B-841AWashington, DC 20230-0001
Branch Office1724 F St NWWashington, DC 20505

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