Signal Financial Federal Credit Union
Signal Financial Federal Credit Union is headquartered in Kensington and is the 22nd largest credit union in the state of Maryland. It is also the 873rd largest credit union in the nation. It was established in 1947 and as of March of 2025, it had grown to 75 employees and 21,952 members at 4 locations. Signal Financial Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Signal Financial Federal Credit Union is open to those who live, work, attend school, or worship in Washington, DC or within the Capital Beltway in Prince George's County, Maryland. Employees and retirees of nearly 200 Select Employee Groups also qualify for membership. All residents of Maryland, Virginia, and Washington, DC who join the Washington Area Bicycle Association (WABA) are membership eligible.
See current membership details
Too Many Fees, Poor Customer Service
Awful! Fees, fees, fees. I wish I never worked with them. I closed my student loan account and then asked them to close my checking account. They needed ID and forms. I sent everything. They said I needed my account number. I asked for it and they said they couldn't give it to me without ID. I RESENT my ID. They never respond. Never answered my messages for over 2 months. When I call they say they can't give me my # over the phone and I have to email. I try again but still no response. I've been dealing with this for a year now and they're charging me just for having a checking account with them. Too many hoops to jump through. So many fees. Having to call again now. Been doing this for a year now...
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5571 |
| Year Chartered | 1947 |
| Employees | 75 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.44% |
| Return on Equity - YTD | -7.43% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $391.9MM$411.1MM |
| Loans | Q1 2025vs Q1 2024 | $289.2MM$315.2MM |
| Deposits | Q1 2025vs Q1 2024 | $334.1MM$353.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $23MM$23.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.7MM$4.7MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.6MM$3.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |