Department of Labor Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.04% | Reward Checking | 2.03% - National Average |
| 1.91% | 1-year CD | 2.60% - Capital One 12 Month 360 CD |
| 0.10% | Savings |
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 1,695th largest credit union in the nation. It was established in 1935 and as of June of 2018, it had grown to 19 employees and 6,863 members at 2 locations. Department of Labor Federal Credit Union's money market rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who are employees, retiree, immediate family member of the Department of Labor, the National Labor Relations Board, or other select organizations.
See current membership details
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The Worst Financial Institution
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.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4963 |
| Year Chartered | 1935 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 4.92% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $92.5MM$86.4MM |
| Loans | Q2 2018vs Q2 2017 | $50.1MM$46.7MM |
| Deposits | Q2 2018vs Q2 2017 | $79.7MM$74.4MM |
| Equity Capital | Q2 2018vs Q2 2017 | $11.9MM$11.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $474.00K$549.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $907.00K$762.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $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.
Department of Labor Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | IRA Share Savings | |
| 0.10% | $5 | - | Regular Share |
Department of Labor Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.10%* | $20k* | - | Money Market | ||
| OTHER TIERS: 0.10% → $500 - $2k | 1.00% → $2k - $20k | |||||
Department of Labor Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.04%* | - | $20k | Reward Checking | ||
| OTHER TIERS: 0.20% → $20k+ | |||||
Department of Labor Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.77% | $500 | - | 4 Year Share Certificate | |
| 2.52% | $500 | - | 3 Year Share Certificate | |
| 2.32% | $500 | - | 2 Year Share Certificate | |
| 1.91% | $500 | - | 1 Year Share Certificate | |
| 1.61% | $500 | - | 6 Month Share Certificate |
Department of Labor Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.77% | $500 | - | 4 Year IRA Certificate | |
| 2.52% | $500 | - | 3 Year IRA Certificate | |
| 2.32% | $500 | - | 2 Year IRA Certificate | |
| 1.91% | $500 | - | 1 Year IRA Certificate | |
| 1.61% | $500 | - | 6 Month IRA Certificate |
| Department of Labor Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 200 Constitution Ave NW Room S-3220 | Washington, DC 20210 |
| Branch Office | 2 Massachusetts Ave NE Room 2665 | Washington, DC 20212 |