NIH Federal Credit Union is headquartered in Rockville and is the 11th largest credit union in the state of Maryland. It is also the 462nd largest credit union in the nation. It was established in 1940 and as of December of 2020, it had grown to 121 employees and 42,749 members at 5 locations. NIH Federal Credit Union has an A health rating.
Field of Membership Restrictions
NIH Federal Credit Union membership is open to all employees and contractors of the National Institutes of Health (NIH). Membership is also open to all employees, independent contractors, or self-employed persons who work regularly in the biomedical and healthcare industry located in the District of Columbia, Maryland, West Virginia, and Virginia. Once you become an NIHFCU member, membership is available to your immediate family, regardless of geography or profession, via sponsorship.
See current membership details
National Institutes Of Health Federal Credit Union (NIH FCU)
I have used this FCU for 8 plus years, have been very patient with a number of problems. I am leaving for a bank with better rates, better customer service and a bank that is large enough to be competitive.
I can only give them three stars, would never recommend to anyone.
Inactivity Fee
The National Institutes of Health Federal Credit Union (NIH FCU) has instituted a quarterly inactivity fee of $25.00 on inactive accounts. Yes, that's $100 per year. Needless to say, my wife and I are both closing our accounts.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3601 |
| Year Chartered | 1940 |
| Employees | 121 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.18% |
| Return on Equity - YTD | 2.36% |
| Annual Interest Income | $19.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $787.9MM$669.3MM |
| Loans | Q4 2020vs Q4 2019 | $429.7MM$445.6MM |
| Deposits | Q4 2020vs Q4 2019 | $716.6MM$603.8MM |
| Equity Capital | Q4 2020vs Q4 2019 | $59.2MM$56.3MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.6MM$1.5MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $977.00K$620.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$356.00K |