Department of Labor Federal Credit Union is headquartered in Washington and is the 12th largest credit union in the District of Columbia. It is also the 1,710th largest credit union in the nation. It was established in 1935 and as of December of 2020, it had grown to 20 employees and 6,859 members at 2 locations. Department of Labor Federal Credit Union has an A+ health rating.
DOLFCU is open to employees, retirees, and immediate family members of the Department of Labor, the National Labor Relations Board, or other select organizations (a complete list of groups is listed on the credit union's website).
See current membership details
I have banked with DOLFCU since I was 16. It may not be as advanced as others, however I can say they do care about there members. When ever I needed assistance DOL has been there for me.
Hands down the WORST, and most ANTIQUATED , financial institution I have ever done business with. Yes they have ok rates, but at the end of the day all money ain’t good money. The customer service of DOLFCU is completely subpar. The website and mobile app are the user friendly. Any potential customers, you certainly have choices, make the best choice to stay away from this credit union.
Overall | |
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NCUA # | 4963 |
Year Chartered | 1935 |
Employees | 20 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.36% |
Return on Equity - YTD | -2.81% |
Annual Interest Income | $3.2MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $105.8MM$90.0MM |
Loans | Q4 2020vs Q4 2019 | $64.3MM$52.6MM |
Deposits | Q4 2020vs Q4 2019 | $91.9MM$75.6MM |
Equity Capital | Q4 2020vs Q4 2019 | $13.3MM$13.6MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $594.00K$288.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $139.00K$695.00K |
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 Labor 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 |
---|---|---|---|---|
0.30% | - | - | IRA Share Savings | |
0.05% | $5 | - | Regular Share |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $20k* | - | Money Market | ||
OTHER TIERS: 0.20% → $500 - $2k | 0.25% → $2k - $20k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.94%* | - | $20k | Reward Checking | ||
OTHER TIERS: 0.20% → $20k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.75% | $500 | - | 4 Year IRA Certificate | |
0.65% | $500 | - | 3 Year IRA Certificate | |
0.60% | $500 | - | 2 Year IRA Certificate | |
0.50% | $500 | - | 1 Year IRA Certificate | |
0.25% | $500 | - | 6 Month IRA Certificate |
Department of Labor Federal Credit Union Locations | ||
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Branch Office | 200 Constitution Ave NW Room S-3220 | Washington, DC 20210 |
Branch Office | 2 Massachusetts Ave NE Room 2665 | Washington, DC 20212 |