Interior Federal Credit Union is headquartered in Washington and is the 7th largest credit union in the District of Columbia. It is also the 1,063rd largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 40 employees and 20,957 members at 2 locations. Interior Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Interior Federal Credit Union is open to anyone through joining the New Mexico Wildlife Federation. Membership is also open to the following: 1) employees and retirees of National Fish and Wildlife Foundation in Washington D.C. National Headquarters of the Selective Service System who work in the states of Virginia or Maryland, and over 40 Select Employer Groups; 2) members of several partner groups and volunteers of the National Parks Service and other groups.
See current membership details
A Hidden Gem For CD's
Pros:
- CD rates are very competitive, sometimes beating online banks
- 6-month CD charges a very modest early withdrawal penalty, just 30 days of interest
- Helpful and friendly customer service
- Never had an issue with mailed checks getting lost (unlike another review)
- Very good online banking system for a small credit union
- Shared branching access
Cons:
- A bit difficult to get a membership open if you have a number of Chexsystems inquiries from rate/bonus-chasing.
- Opening a membership is a hard pull on Equifax, but the hard pull can be re-used for loans within 30 days
- There's a fee for originating an outgoing ACH transfer, but you can avoid it if you pull funds using the external institution
Most Cus Won't Do This...
Regardless of FICO (820+), CU will do a hard pull. Need to consider this when applying.
Don't Even Bother
Another credit union that pretends to care about their customers, but lose all interest in them once the account is open.
Website and app are slow and unreliable. Customer service doesn't know what they are doing and I am not even sure I was talking to a real employee.
Don't waste your time here.
Forget About It
Wanted to buy a large-value Roth IRA CD when they had a good rate for about a 2-week period of time.
Applied for online membership, uploaded my ID, they did a credit check (my FICO is 820) and took a $25 fee, No further action for 3 weeks. No issues or concerns raised. Nothing. Meanwhile their CD rates fell by 0.5% and are no longer competitive. Seriously? Why pretend to have a banking business when you make zero effort while making your customers jump through hoops for the privilege of letting you hold their money? Stay far away, these guys are losers.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 319 |
| Year Chartered | 1935 |
| Employees | 40 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.91% |
| Return on Equity - YTD | -15.62% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $286.2MM$302.2MM |
| Loans | Q1 2025vs Q1 2024 | $222.7MM$250.1MM |
| Deposits | Q1 2025vs Q1 2024 | $257.8MM$267.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $16.5MM$18.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $4MM$2.8MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.7MM$3MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$149K |