Department of Labor Federal Credit Union

Overview / Commentary
200 Constitution Ave NW Room S-3220
Washington, DC 20210

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 1,717th largest credit union in the nation. It was established in 1935 and as of June of 2022, it had grown to 27 employees and 7,731 members at 2 locations. Department of Labor Federal Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

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

Reviews (2)

Long Time Member

Posted by: |

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.

The Worst Financial Institution

Posted by: |

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.


Health Grade Components

NCUA #4963
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD2.97%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$114.3MM$111.3MM
LoansQ2 2022vs Q2 2021$87.6MM$71.5MM
DepositsQ2 2022vs Q2 2021$101.3MM$97.0MM
Equity CapitalQ2 2022vs Q2 2021$13.1MM$13.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$550.00K$654.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$283.00K$23.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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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.

Department of Labor Federal Credit Union Savings Account Rates

3.00%*-$1kJourney Savings
OTHER TIERS: 0.05% $1k+
0.30%--IRA Share Savings
0.05%$5-Regular Share

Department of Labor Federal Credit Union Money Market Rates

0.35%*$20k*-Money Market
OTHER TIERS: 0.20% $500 - $2k | 0.30% $2k - $20k

Department of Labor Federal Credit Union Checking Account Rates

2.94%-$20kReward Checking

Department of Labor Federal Credit Union CD Rates

3.10%$500-5 Year Share Certificate
3.00%$500-4 Year Share Certificate
2.80%$500-3 Year Share Certificate
2.00%$500-2 Year Share Certificate
1.00%$500-1 Year Share Certificate
0.85%$500-6 Month Share Certificate

Department of Labor Federal Credit Union IRA Rates

3.00%$500-4 Year IRA Certificate
2.80%$500-3 Year IRA Certificate
2.00%$500-2 Year IRA Certificate
1.00%$500-1 Year IRA Certificate
0.85%$500-6 Month IRA Certificate

Department of Labor Federal Credit Union Locations
Branch Office200 Constitution Ave NW Room S-3220Washington, DC 20210
Branch Office2 Massachusetts Ave NE Room 2665Washington, DC 20212

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