U S Postal Service Federal Credit Union

Overview / Commentary
7905 Malcolm Road Suite 311
Clinton, MD 20735-1730

U S Postal Service Federal Credit Union is headquartered in Clinton and is the 26th largest credit union in the state of Maryland. It is also the 1,074th largest credit union in the nation. It was established in 1934 and as of March of 2024, it had grown to 48 employees and 28,171 members at 5 locations. U S Postal Service Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to anyone through membership in the American Consumer Council. Membership is also open to employees or retirees of the United States Postal Service or several select employee groups.
See current membership details

Reviews (8)

Great Service And Rates!

Posted by: |

I'm a member of almost 10 credit unions and banks. I've found USPS to be at the top of the list on service and having great rates! The service reps have been polite, extremely helpful and fast in all of my transactions. The CU carries additional ins. above the FDIC limit so you get 500,000 per acct. I strongly give rebuttal to the review of being "Worst Credit Union Ever! My experience the past three years has been it's the best credit union ever!

Unfortunate Oversight!

Posted by: |

I recently had a CD mature at U.S. Postal Service Federal Credit Union. To my shock, there is NO grace period when a CD matures. Any change made after the maturity date is subject to the early withdrawal penalty. My CD was at 3.25% and would have dropped to .45% (2 year term). I chose to withdraw the funds subject to the EWP and deposit the funds elsewhere at a higher interest rate for a shorter term. This was not "spelled out" in the maturity notice I received, however, I did find it in small print in some paperwork I received when I opened the account. I have never encountered a bank/credit union that did not have a grace period for a maturing CD. Beware!!!

Worst Credit Union Ever!

They offer their members terrible rates at more than double any other bank's rates...insanely complicated loan applications...no available branches that will deal in cash transactions so if you want to make a cash deposit, or take out cash, you can't. You need to purchase a money order to make a deposit! Ridiculous!...Savings accounts that are useless unless you can keep more than 300 in it or they charge you 10.00 a mo. but yet they make you have one when you open a checking acct....Their electronic deposits are a joke since they still make you mail in the paper copy and if they don't get it, they take the money back out of your acct and charge you fees, so what is the point of having electronic deposits? Their not opened after 5pm and on weekends so if you need help with your acct...too bad...I could go on and on and on.

US Postal Serv CU Cds

Posted by: |

i just opened a CD 2 days ago.
i called the office in Raleigh, and the woman who helped me there, Rhonda, was fantastic. She walked me through it and instead of having to mail in the application (they don't do on line applications) she let me scan it and email it to her. Only drawback was I had to overnight the check for the CD (they don't do large ACH transfers). I am going to open another CD this coming Monday under the same name and she said all i need to do is send in the check - don't have to fill out new applicator for the new CD. I highly recommend them.

Account Opening Smooth, A Bit Complicated, No Surprises

Posted by: |

My account opening was smooth but required obtaining a membership a stamps.org and mailing bank opening forms and waiting about a week for the account to be opened. One star from rating because it was more complicated than most to open.
I was able to make large ACH originating from another bank TO USPSFCU with no problems. It took a couple days after I received my account information for the small deposits to show up at USPSFCU and then verified at my other bank. Faster than mail. And no surprises!
Opening the e-account was simple once the funds were received.
Also very fast response to my request for beneficiary form.

3% 2-Year IRA CD

Posted by: |

I have had a very good experience opening a 3% 2-year IRA CD, too bad it is not available for non-IRA $. Do be aware, however, that early withdrawals come with a 365 days interest penalty on this special offering, and this applies to the entire value of the CD even if you only need to make a partial withdrawal. Their terms state that any withdrawal serves to terminate the entire CD ... even if the withdrawal was needed for your annual Required Minimum Distribution (RMD). They do make a point of reminding you that they will not make an exception for RMDs and that you should keep enough $ in another accessible account to cover your RMDs.

the postal credit union is not great

Posted by: |

I worked for the post office for a while so I was able to join the postal credit union. I didn't like it for a number of reasons. The hours of operation were very limited, and you would think they would take into consideration the typical hours a postal employee would work and stay open a little past those hours but they don't. Also, the fees for making a mistake were ridiculous. $35 over draft fees are a bit much, and they would charge that every time a check was presented for payment. Then if you tried to talk to them about it they would basically say well that is your fault sorry about your luck. All the employees seemed to be a little snobbish too. Could have just been the branch i went to though.

Terrible Customer Relations!

Posted by: |

I had a terrible experience when just trying to apply for membership with the USPS Federal Credit Union.

Unprofessional customer service and non-existent communications.

There are much better credit unions out there that actually want your business. The USPS credit union does not want your business. Stay far away!


Health Grade Components

NCUA #16402
Year Chartered1934
Primary Regulator
Profit Margin
Return on Assets - YTD0.12%
Return on Equity - YTD1.15%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$273.9MM$268MM
LoansQ1 2024vs Q1 2023$216.1MM$234.3MM
DepositsQ1 2024vs Q1 2023$230.7MM$236.2MM
Equity CapitalQ1 2024vs Q1 2023$29.2MM$28.6MM
Loan Loss AllowanceQ1 2024vs Q1 2023$2MM$2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$2.3MM$2.2MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Always verify rates and promotions with the bank or credit union. We are not U S Postal Service 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.

U S Postal Service Federal Credit Union Savings Account Rates

1.10%$0-IRA Savings - Relationship Rewards
1.00%$0-IRA Savings
0.50%$250-Special Purpose Club Account
0.50%$250-Vacation Club Account
0.50%$250-Christmas Club Account
0.50%$250-Tax Club Account
0.05%$250-Regular Share Savings
0.05%$250-Trust Savings

U S Postal Service Federal Credit Union Money Market Rates

1.50%*$100k*-Money Market Savings Account
OTHER TIERS: 1.05% $5k - $10k | 1.10% $10k - $25k | 1.20% $25k - $50k | 1.30% $50k - $75k | 1.40% $75k - $100k
0.10%$2k-Money Market Checking Account

U S Postal Service Federal Credit Union Checking Account Rates

0.05%$250-Interest Checking

U S Postal Service Federal Credit Union CD Rates

5.00%$5k-6 Month Money Market Certificate
4.90%$1$1k1 Year Starter CD - Add On
4.90%$1$1k1 Year Young Savers CD - Add On
4.80%$250-1 Year CD
4.50%$10k-2 Year MISCA
4.40%$250-3 Year CD
4.15%$1$3k3 Year Young Savers CD - Add On
4.00%$250-5 Year CD
3.85%$250-2 Year CD

U S Postal Service Federal Credit Union IRA Rates

5.05%$250-1 Year IRA
4.80%$1$1k1 Year Starter Add-on IRA
4.00%$250-5 Year IRA

U S Postal Service Federal Credit Union Locations
Corporate Office7905 Malcolm Rd Ste 311Clinton, MD 20735-1730
Branch Office457 Lenfant Plz SWWashington, DC 20024-2111
Branch Office1 Floretta PlRaleigh, NC 27676-9803
Branch Office1001 California AvePittsburgh, PA 15290
Branch Office444 S Brand Blvd Ste 103San Fernando, CA 91340-3625

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