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FRB Federal Credit Union


Overview / Commentary
www.frbfcu.org
202-452-2800
1801 K St Nw
Washington, DC 20006

FRB Federal Credit Union is headquartered in Washington and is the 11th largest credit union in the District of Columbia. It is also the 1,628th largest credit union in the nation. It was established in 1935 and as of March of 2020, it had grown to 17 employees and 6,080 members at 3 locations. FRB Federal Credit Union's savings rates are 35% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to current and retired members, officers, and employees of the Federal Reserve Board, Current and retired employees of Federal Reserve Banks, officers & employees of the Bureau of Consumer Financial Protection and immediate family.
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Health
A

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #320
Year Chartered1935
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD5.56%
Annual Interest Income$917.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$103.4MM$91.6MM
LoansQ1 2020vs Q1 2019$63.6MM$41.4MM
DepositsQ1 2020vs Q1 2019$89.2MM$82.2MM
Equity CapitalQ1 2020vs Q1 2019$9.2MM$8.4MM
Loan Loss AllowanceQ1 2020vs Q1 2019$369.00K$372.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$308.00K$207.00K
Real Estate OwnedQ1 2020vs Q1 2019$42.00K$87.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

FRB Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$50k*-Special Share Savings
OTHER TIERS: 0.60% → Up to $50k
0.60%--IRA Shares
0.10%$25-Regular Prime Shares
0.10%--Holiday Cub
0.10%--Vacation Club

FRB Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Checking Account

FRB Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$1k-5 Year Share Certificate
1.26%$1k-6 Year Share Certificate
1.26%$1k-7 Year Share Certificate
1.21%$1k-3 Year Share Certificare
1.21%$1k-4 Year Share Certificate
1.11%$1k-1 Year Share Certifcate
1.11%$1k-2 Year Share Certificate
0.80%$1k-6 Month Share Certificate

FRB Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$1k-5 Year IRA Certificate
1.26%$1k-6 Year IRA Certificate
1.26%$1k-7 Year IRA Certificate
1.21%$1k-3 Year IRA Certificare
1.21%$1k-4 Year IRA Certificate
1.11%$1k-1 Year IRA Certifcate
1.11%$1k-2 Year IRA Certificate
0.80%$1k-6 Month IRA Certificate
Locations


FRB Federal Credit Union Locations
Branch Office1709 New York Ave NWWashington, DC 20006
Branch OfficeBoard of Governors of the Federal Reserve System 1801 K ST NWWashington, DC 20006
Branch Office1850 K Street , NWWashington, DC 20006

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