Library Of Congress Federal Credit Union
Library Of Congress Federal Credit Union is headquartered in Washington and is the 5th largest credit union in the District of Columbia. It is also the 974th largest credit union in the nation. It was established in 1935 and as of March of 2021, it had grown to 20 employees and 9,760 members at 1 location. Library Of Congress Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to employees of the Library of Congress, Library of Congress volunteers, researchers and scholars and immediate family.
See current membership details
Excellent!
For restricted membership, great! Despite my bad credit lent me $300K on mortgage, 20K on car (100% financing on both). Lotsa transacting by phone works well except CU staff assume everybody is living nearby and calls are made at 6AM my time here in CA about complex matters.
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 266 |
| Year Chartered | 1935 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 4.96% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $293.0MM$264.8MM |
| Loans | Q1 2021vs Q1 2020 | $141.0MM$143.8MM |
| Deposits | Q1 2021vs Q1 2020 | $245.9MM$219.8MM |
| Equity Capital | Q1 2021vs Q1 2020 | $45.2MM$43.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $877.00K$948.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $624.00K$1.2MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $1.1MM$1.4MM |