Library Of Congress Federal Credit Union
Library Of Congress Federal Credit Union is headquartered in Washington and is the 6th largest credit union in the District of Columbia. It is also the 1,011th largest credit union in the nation. It was established in 1935 and as of June of 2023, it had grown to 23 employees and 9,613 members at 1 location. Library Of Congress Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Library of Congress Federal Credit Union is open to employees of the Library of Congress, Library of Congress volunteers, researchers, and scholars. Immediate family members and anyone eligible to join also qualify for membership.
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 Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 266 |
| Year Chartered | 1935 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 4.56% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $299.3MM$298.6MM |
| Loans | Q2 2023vs Q2 2022 | $170.5MM$157.8MM |
| Deposits | Q2 2023vs Q2 2022 | $248.3MM$248.5MM |
| Equity Capital | Q2 2023vs Q2 2022 | $48.9MM$48.0MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$775.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $854.00K$20.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |