Department of Labor Federal Credit Union


Overview / Commentary
202-789-2901
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 March of 2019, it had grown to 16 employees and 6,723 members at 2 locations. Department of Labor Federal Credit Union's money market rates are 3X the national average, and it has a B+ 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

Related Posts

View all posts from:


Reviews (1)

The Worst Financial Institution

Posted by: DSmith | Apr 25, 2017

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
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Department of Labor Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #4963
Year Chartered1935
Employees16
Primary Regulator
Profit Margin
Return on Assets - YTD0.04%
Return on Equity - YTD0.32%
Annual Interest Income$880.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$91.1MM$90.0MM
LoansQ1 2019vs Q1 2018$48.8MM$48.6MM
DepositsQ1 2019vs Q1 2018$77.6MM$77.3MM
Equity CapitalQ1 2019vs Q1 2018$12.7MM$11.8MM
Loan Loss AllowanceQ1 2019vs Q1 2018$412.00K$468.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$900.00K$569.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%--IRA Share Savings
0.10%$5-Regular Share

Department of Labor Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%*$20k*-Money Market
OTHER TIERS: 0.10% $500 - $2k | 1.20% $2k - $20k

Department of Labor Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%-$20kReward Checking

Department of Labor Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.83%$500-4 Year Share Certificate
2.62%$500-3 Year Share Certificate
2.42%$500-2 Year Share Certificate
2.11%$500-1 Year Share Certificate
1.81%$500-6 Month Share Certificate

Department of Labor Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.83%$500-4 Year IRA Certificate
2.62%$500-3 Year IRA Certificate
2.42%$500-2 Year IRA Certificate
2.11%$500-1 Year IRA Certificate
1.81%$500-6 Month IRA Certificate
Locations


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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.