FRB Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.05% | 5-year CD | 2.27% - National Average |
| 2.28% | 1-year CD | 1.37% - National Average |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
Washington, DC 20006
FRB Federal Credit Union is headquartered in Washington and is the 13th largest credit union in the District of Columbia. It is also the 1,719th largest credit union in the nation. It was established in 1935 and as of December of 2018, it had grown to 13 employees and 5,949 members at 3 locations. FRB Federal Credit Union's CD rates are 3X 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.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 320 |
| Year Chartered | 1935 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 7.5% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $89.0MM$82.2MM |
| Loans | Q4 2018vs Q4 2017 | $38.6MM$32.7MM |
| Deposits | Q4 2018vs Q4 2017 | $80.3MM$73.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $8.2MM$7.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $327.00K$382.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $239.00K$546.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $87.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not FRB 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.
FRB Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.95%* | $50k* | - | Special Share Savings | ||
| OTHER TIERS: 0.85% → Up to $50k | |||||
| 0.85% | - | - | IRA Shares | ||
| 0.10% | $25 | - | Regular Prime Shares | ||
| 0.10% | - | - | Holiday Cub | ||
| 0.10% | - | - | Vacation Club | ||
FRB Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Checking Account |
FRB Federal Credit Union CD Rates
FRB Federal Credit Union IRA Rates
| FRB Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1709 New York Ave NW | Washington, DC 20006 |
| Branch Office | Board of Governors of the Federal Reserve System 1801 K ST NW | Washington, DC 20006 |
| Branch Office | 1850 K Street , NW | Washington, DC 20006 |