FRB Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.02%	5-year CD	5 Year Share Certificate 2.25% - Ally Bank High Yield 5 Year CD
1.26%	1-year CD	1 Year Share Certifcate 1.50% - Ally Bank No Penalty 11-Month CD
0.05%	Savings	Regular Prime Shares 1.20% - Ally Bank Online Savings Account

View all FRB Federal Credit Union rates »

Overview / Commentary

frbfcu.org

202-452-2800

Board Of Governors Of The Federal Reserve System 1801 K St Nw
Washington, DC 20006

FRB Federal Credit Union is headquartered in Washington and is the 14^th largest credit union in the District of Columbia. It is also the 1,788^th largest credit union in the nation. It was established in 1935 and as of June of 2017, it had grown to 14 employees and 5,431 members at 3 locations. FRB Federal Credit Union's CD rates are 40% higher than the national average, and it has a B+ 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

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Health

B+

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. FRB Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	320
Year Chartered	1935
Employees	14
Primary Regulator

Profit Margin
Return on Assets - YTD	0.32%
Return on Equity - YTD	3.73%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$83.2MM$78.8MM
Loans	Q2 2017vs Q2 2016	$32.1MM$30.1MM
Deposits	Q2 2017vs Q2 2016	$75.2MM$71.0MM
Equity Capital	Q2 2017vs Q2 2016	$7.2MM$7.0MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$427.00K$364.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$574.00K$692.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Checking
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IRA

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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

APY	MIN	MAX	ACCOUNT NAME
0.55%^*	$50k^*	-	Special Share Savings
OTHER TIERS: 0.45% → Up to $50k
0.45%	-	-	IRA Shares
0.05%	$25	-	Regular Prime Shares
0.05%	-	-	Holiday Cub
0.05%	-	-	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

APY	MIN	MAX	ACCOUNT NAME
2.02%	$1k	-	5 Year Share Certificate
1.82%	$1k	-	4 Year Share Certificate
1.66%	$1k	-	3 Year Share Certificare
1.56%	$1k	-	2 Year Share Certificate
1.26%	$1k	-	1 Year Share Certifcate
0.70%	$1k	-	6 Month Share Certificate

FRB Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$1k	-	5 Year IRA Certificate
1.82%	$1k	-	4 Year IRA Certificate
1.66%	$1k	-	3 Year IRA Certificare
1.56%	$1k	-	2 Year IRA Certificate
1.26%	$1k	-	1 Year IRA Certifcate
0.70%	$1k	-	6 Month IRA Certificate

Locations

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