Overview / Commentary
FRB Federal Credit Union is headquartered in Washington and is the 10th largest credit union in the District of Columbia. It is also the 1,601st largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 18 employees and 5,691 members at 2 locations. FRB Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
FRB Federal Credit Union is open to officers, employees/retirees of the Federal Reserve Board, Federal Reserve Banks or Bureau of Consumer Financial Protection, and employees of contractors who regularly work at the Federal Reserve Board offices in Washington, DC. Credit Union employees and immediate family or household members are also eligible to join.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 320 |
| Year Chartered | 1935 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 5.3% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $130.9MM$126.8MM |
| Loans | Q1 2025vs Q1 2024 | $83.5MM$90.2MM |
| Deposits | Q1 2025vs Q1 2024 | $114.4MM$110.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $10.4MM$9.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $403K$563K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $793K$602K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $42K$42K |