Downey Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.00% | 1-year CD | 12 Month Share Certificate |
| 0.15% | Savings | Regular Share Account |
| 1.76% | 4-year CD | 48 Month Share Certificate |
Downey Federal Credit Union is headquartered in Downey and is the 113th largest credit union in the state of California. It is also the 981st largest credit union in the nation. It was established in 1957 and as of December of 2017, it had grown to 36 employees and 15,763 members at 1 location. Downey Federal Credit Union's money market rates are 14% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in the City of Downey and to immediate family of current members.
See current membership details
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11870 |
| Year Chartered | 1957 |
| Employees | 36 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 3.61% |
| Annual Interest Income | $6.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $220.9MM$205.8MM |
| Loans | Q4 2017vs Q4 2016 | $93.6MM$87.1MM |
| Deposits | Q4 2017vs Q4 2016 | $192.4MM$181.0MM |
| Equity Capital | Q4 2017vs Q4 2016 | $23.9MM$22.9MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $583.00K$477.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $1.2MM$2.0MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Downey 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.
Downey Federal Credit Union Savings Account Rates
Downey Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.20% → $2,500 - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k | |||||
Downey Federal Credit Union CD Rates
Downey Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.07% | $500 | - | 60 Month IRA | |
| 1.61% | $500 | - | 48 Month IRA | |
| 1.36% | $500 | - | 36 Month IRA | |
| 1.06% | $500 | - | 12 Month IRA | |
| 1.01% | $500 | - | 18 Month IRA |
| Downey Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 8237 3rd St | Downey, CA 90241-3718 |