State Department Federal Credit Union

Overview / Commentary
1630 King St
Alexandria, VA 22314

State Department Federal Credit Union is headquartered in Alexandria and is the 8th largest credit union in the state of Virginia. It is also the 151st largest credit union in the nation. It was established in 1935 and as of September of 2022, it had grown to 197 employees and 90,878 members at 6 locations. State Department Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in State Department Federal Credit Union is open to anyone through joining the American Consumer Council (available when opening an account). Membership is also open to employees of the U.S. State Department or other select organizations and to family of existing members.
See current membership details

Superior Service And Convenience

Posted by: |

I'm not sure about some of the reviews. My experience with this credit union has always been delightful.  I've never been charged a fee for using a CO-OP ATM. I also use the ATMs at 7-eleven stores all the time, and have never been charged a fee. I earn points while using my debit card, and their online banking is terrific. I can set up a budget and track spending by catagory. I can even accept special offers and discounts from merchants while I'm logged in and attach them to my debit card if I want to, all at no charge. With their mobile app, I can take a picture of a check using my iphone and have it deposited directly into my account. Online loan applications, 24/7 live call center, rewards points, great rates. SDFCU really does seem to have it all. I recommend them to all my family and friends.

Poor Customer Service

Posted by: |

State department has a communication issue. They tell customers to do one thing and when you do it its somethiing else. I've been a member for a long time and their customer service has declined drastically. Not once have they taken any responsibilty for what they are telling customers or even apologized for any inconvenence it has caused.

Horrible Customer Service

Posted by: |

The customer service reps are pleasant and polite but that's where the professionalism ends. As a friend of mine who actually works for the State Department said, "I dropped them many years ago for the exact same reason."

5 Yr. Cd State Dept. FCU

Posted by: |

Just opened a 5 year cd (2.27%apy), with State Dept. FCU, was a very easy process.  Everything was done by fax and the funds were taken directly from a money market acct.   The EWP is 180 days, the wording regarding EWP was very consumer friendly (unlike some banks & cu's).  At these rates, everything should be easy & consumer friendly!



Health Grade Components

NCUA #435
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD18.47%
Annual Interest Income$53.3MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$2.65B$2.55B
LoansQ3 2022vs Q3 2021$1.30B$1.16B
DepositsQ3 2022vs Q3 2021$2.22B$2.18B
Equity CapitalQ3 2022vs Q3 2021$139.8MM$247.1MM
Loan Loss AllowanceQ3 2022vs Q3 2021$6.8MM$9.1MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$6.7MM$4.6MM
Real Estate OwnedQ3 2022vs Q3 2021$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not State Department Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

State Department Federal Credit Union Savings Account Rates

0.50%--IRA Share
0.10%--Regular Savings
0.10%--Custom Savings

State Department Federal Credit Union Money Market Rates

1.16%*$100k*-Premiere Money Management Shares
OTHER TIERS: 1.06% $25k - $50k | 1.11% $50k - $100k
1.00%$2k-Prime Money Management Shares

State Department Federal Credit Union Checking Account Rates

0.60%$25k-Privilege Checking - Qualifying
0.55%$2k-Advantage Checking - Qualifying

State Department Federal Credit Union CD Rates

4.27%$500-24 Month Certificate
4.27%$500-36 Month Certificate
4.27%$500-48 Month Certificate
4.27%$500-60 Month Certificate
4.27%$100k-24 Month Jumbo Certificate
4.27%$100k-36 Month Jumbo Certificate
4.27%$100k-48 Month Jumbo Certificate
4.27%$100k-60 Month Jumbo Certificate
4.01%$500-12 Month Certificate
4.01%$500-17 Month Bump Up Certificate
4.01%$500-30 Month Bump Up Certificate
4.01%$500-45 Month Bump Up Certificate
4.01%$100k-12 Month Jumbo Certificate
4.01%$100k-17 Month Jumbo Bump Up Certificate
4.01%$100k-30 Month Jumbo Bump Up Certificate
4.01%$100k-45 Month Jumbo Bump Up Certificate
2.47%$500-6 Month Certificate
2.47%$100k-6 Month Jumbo Certificate

State Department Federal Credit Union IRA Rates

4.47%$500-48 Month IRA Certificate
4.47%$500-60 Month IRA Certificate
4.22%$500-12 Month IRA Certificate
4.22%$500-24 Month IRA Certificate
4.22%$500-36 Month IRA Certificate

State Department Federal Credit Union Locations
Branch Office1630 King StAlexandria, VA 22314-2763
Branch OfficeBuilding 41 Fort Lesley J McNairWashington, DC 20319-0001
Branch Office1801 N Lynn StArlington, VA 22209
Branch Office3100 Clarendon BlvdArlington, VA 22201
Branch OfficeRoom B-641 2201 C St NW,Washington, DC 20521-0001
Branch Office2009 Dyess Ave Bldg FCharleston, SC 29405-2502

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.