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 596th largest credit union in the nation. It was established in 1964 and as of December of 2020, it had grown to 77 employees and 18,272 members at 3 locations. Department Of Commerce Federal Credit Union has an A health rating.
Membership in Department Of Commerce Federal Credit Union is open to residents of Delaware, Maryland, Pennsylvania, Virginia, and West Virginia 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
Overall | |
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NCUA # | 16410 |
Year Chartered | 1964 |
Employees | 77 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.17% |
Return on Equity - YTD | 2.43% |
Annual Interest Income | $20.4MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $569.4MM$529.4MM |
Loans | Q4 2020vs Q4 2019 | $426.4MM$390.7MM |
Deposits | Q4 2020vs Q4 2019 | $457.4MM$421.5MM |
Equity Capital | Q4 2020vs Q4 2019 | $40.7MM$41.7MM |
Secondary Capital | Q4 2020vs Q4 2019 | $4.4MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.6MM$1.5MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $442.00K$780.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.05% | - | - | Share Savings Account | |
0.05% | - | - | Club Account | |
0.05% | - | - | Youth Share Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $2.5k | - | Money Market Account | |
0.10% | $100 | - | IRA Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.01% | - | $20k | Performance Checking Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.81% | $500 | - | 60-84 Month CD | |
0.66% | $500 | - | 48-59 Month CD | |
0.57% | $500 | - | 36-47 Month CD | |
0.47% | $500 | - | 24-35 Month CD | |
0.37% | $500 | - | 12-23 Month CD | |
0.26% | $500 | - | 6-11 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.81% | $500 | - | 60-84 Month Fixed IRA | |
0.66% | $500 | - | 48-59 Month Fixed IRA | |
0.57% | $500 | - | 36-47 Month Fixed IRA | |
0.47% | $500 | - | 24-35 Month Fixed IRA | |
0.37% | $500 | - | 12-23 Month Fixed IRA |
Department Of Commerce Federal Credit Union Locations | ||
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Branch Office | 1325 E West Hwy | Silver Spring, MD 20910 |
Branch Office | 1401 Constitution Ave NW Rm B-841A | Washington, DC 20230-0001 |
Branch Office | 1724 F St NW | Washington, DC 20505 |