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 938th largest credit union in the nation. It was established in 1935 and as of June of 2020, it had grown to 20 employees and 9,963 members at 1 location. Library Of Congress Federal Credit Union's money market rates are 36% higher than the national average, and it 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 Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 266 |
| Year Chartered | 1935 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 3.59% |
| Annual Interest Income | $4.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $276.6MM$253.5MM |
| Loans | Q2 2020vs Q2 2019 | $143.7MM$143.7MM |
| Deposits | Q2 2020vs Q2 2019 | $230.9MM$210.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $43.9MM$41.5MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $906.00K$1.0MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.1MM$1.6MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $1.4MM$462.00K |