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Downey Federal Credit Union


Overview / Commentary
www.downeyfcu.org
562-862-8141
8237 3rd St
Downey, CA 90241

Downey Federal Credit Union is headquartered in Downey and is the 115th largest credit union in the state of California. It is also the 1,003rd largest credit union in the nation. It was established in 1957 and as of December of 2019, it had grown to 45 employees and 17,006 members at 1 location. Downey Federal Credit Union's savings rates are 44% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

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

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Health
A

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #11870
Year Chartered1957
Employees45
Primary Regulator
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD7.18%
Annual Interest Income$7.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$226.0MM$220.5MM
LoansQ4 2019vs Q4 2018$115.1MM$107.7MM
DepositsQ4 2019vs Q4 2018$195.0MM$192.8MM
Equity CapitalQ4 2019vs Q4 2018$28.5MM$25.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$445.00K$627.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$682.00K$1.7MM
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$100-Summer Survival Account
0.20%$100-Holiday Club Account
0.20%$5-Berenstain Bears Cub Account
0.20%$5-Money Smart
0.15%$100-"You Name It" Account
0.10%$100-Regular Share Account
0.10%$100-Coogan Trust Account

Downey Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market Account
OTHER TIERS: 0.20% → $2.5k - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k

Downey Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$2.5k*-Shield Elite Checking
OTHER TIERS: 0.10% → Up to $2.5k

Downey Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.76%$1k-48 Month Share Certificate
1.51%$1k-36 Month Share Certificate
1.31%$1k-24 Month Share Certificate
1.00%$1k-12 Month Share Certificate
0.80%$1k-6 Month Share Certificate

Downey Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$500-60 Month IRA
2.70%$500-48 Month IRA
2.40%$500-36 Month IRA
2.10%$500-24 Month IRA
1.80%$500-18 Month IRA
1.50%$500-12 Month IRA
Locations


Downey Federal Credit Union Locations
Branch Office8237 3rd StDowney, CA 90241-3718

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