Downey Federal Credit Union is headquartered in Downey and is the 107th largest credit union in the state of California. It is also the 955th largest credit union in the nation. It was established in 1957 and as of December of 2021, it had grown to 48 employees and 18,769 members at 1 location. Downey Federal Credit Union has an A health rating.
Membership in DFCU is open to those who live, work, worship, or attend school in the communities of Bell, Bell Gardens, Bellflower, Compton (including East Compton), Cudahy, Downey, Huntington Park, Lynwood, Norwalk, Paramount, Pico Rivera, Santa Fe Springs, or South Gate. Immediate family of current members are also eligible to join.
See current membership details
Overall | |
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NCUA # | 11870 |
Year Chartered | 1957 |
Employees | 48 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.23% |
Return on Equity - YTD | 2.45% |
Annual Interest Income | $6.8MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $313.1MM$275.2MM |
Loans | Q4 2021vs Q4 2020 | $112.8MM$103.4MM |
Deposits | Q4 2021vs Q4 2020 | $281.1MM$242.0MM |
Equity Capital | Q4 2021vs Q4 2020 | $28.7MM$30.8MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $526.00K$664.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $862.00K$691.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.10%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → $2.5k - $25k | 0.08% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $2.5k* | - | Shield Elite Checking | ||
OTHER TIERS: 0.10% → Up to $2.5k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.65% | $500 | - | 60 Month IRA | |
0.55% | $500 | - | 48 Month IRA | |
0.45% | $500 | - | 36 Month IRA | |
0.35% | $500 | - | 24 Month IRA | |
0.30% | $500 | - | 18 Month IRA | |
0.25% | $500 | - | 12 Month IRA |
Downey Federal Credit Union Locations | ||
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Branch Office | 8237 3rd St | Downey, CA 90241-3718 |