United States Senate Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.63% | 5-year CD | |
| 3.63% | 5-year IRA | 2.19% - National Average |
| 2.92% | 4-year CD | 2.85% - Barclays 48 Month Online CD |
United States Senate Federal Credit Union is headquartered in Alexandria and is the 15th largest credit union in the state of Virginia. It is also the 398th largest credit union in the nation. It was established in 1935 and as of September of 2018, it had grown to 106 employees and 38,536 members at 3 locations. United States Senate Federal Credit Union's money market rates are 3X the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership in United States Senate Federal Credit Union is open to anyone through a contribution to the US Capitol Historical Society (USCHS). Membership is also open to employees of The United States Senate, The United States Supreme Court, The Government Accountability Office, Democratic National Committee, and over 75 area Select Employer Groups.
See current membership details
Related Posts
10/2 - CD Rates Tweaked A Bit, Nothing Really Competitive Except 5 Year, And No One Should Do A 5 Year In This Environment
10/1 - United States Senate FCU - 5 Year CDs Increase By 10 Basis Points, Up To 3.63% APY
8/3 - United States Senate Fed Credit Union Ups 60-Month CD
8/2 - TOP RATE! 3.53% APY, Share Certificate (CD), $60K+
7/13 - HOT NEW RATES!! 3.27% APY 5 Year Share Certificate With USSFCU
3/2 - United States Senate FCU's 60-month CD Rate Increased
1/2 - United States Senate FCU Ups 60-Month CD Rate
Love This CU
I love the personal attention I get from this credit union. When you call in or stop by a branch, everyone is so friendly and willing to help you in every way they can. I have an auto loan with USSFCU and they helped me out every step of the way. They even walked me through setting up online banking and their mobile app. Now I have direct deposits into my checking and auto payments set up so I can simply set it and forget it. It is so convenient and has really simplified my life. I would recommend USSFCU to anyone.
Credit Union Helped Me
I started my first job in the United States Senate and my paycheck was deposited into the United States Senate Federal Credit Union. I had never had two nickels to rub together and the credit union helped me save money. The credit union had great advisors who helped me plan for retirement by starting an IRA so I could have many options for investing for the future. The credit union has branches both in D.C. and in the suburbs where I lived so I could get cash from the ATM.They also made it super easy for me to transfer money to my family. Mostly, I loved the advice since I was so inexperienced and I became friends with the staff. Having advice was crucial for me and getting advice from the credit union made me feel like I was protected. Later, I had bank accounts with other banks that were always trying to sell me services and products that I didn't want or need. The credit union was more honest and objective and so I felt like I was being looked after like an equal, not treated like a cow to milk like the ripoff banks.
United States Senate Federal Credit Union
My mother worked for 25 years for the US Senate. Because of this, my entire family had accounts with the USSFCU (United States Senate Federal Credit Union). Honestly, I have not used that account much. I do maintain a small balance in the checking account to keep it active. I like the aspects of the account. No monthly fees, unlimited check writing, free atm/debit cards and no service charges. They also have great customer service. I have had a few minor issues with my checking account and direct deposit not working and they were extremely fast to fix the issue. The other good thing about the USSFCU is that there is no minimum deposit to open an account there. If you are eligible for an account, you can open one for free.
Delay In Joining USSFCU
Just got off the phone with customer service. USSFCU seems like a good credit union, however, they will not guarantee the promotional CD rate until they confirm your membership with United States Capitol Historical Society, and that could take a week or more. The rate probably will change October 1, so you probably will not be able to get the September rate.
Absolute Worst Fees Ever!
The only credit union ever to require a cash advance to open an account. Every other bank opened with a transfer from another bank. The USSFCU method cost me $20 in cash advance fees. Plus they charged a $2 non-recoverable fee to open an account. Worst part is that when the account was approved I never got any notice. Had to see this myself on the application site and then call them only to find they created an ID and password but never gave it to me. Customer service is horrible and I regret dealing with them.
So a month later I see USSFCU is still killing customers with their fees. I transferred $250,000 into my account there and USSFCU charged me $10 TO ACCEPT IT!!!! The initiating bank charged me nothing. $10 to accept a quarter of a million? The last straw was a charge of $28 because I set up an external transfer account and when that bank recovered their 48 cents of trial deposits, USSFCU charged me yet another fee! $28 to recover $.48? So I am now done with USSFCU. I told them not a penny more and believe me, their stupid policies cost them a lot of money, now going to their competition.
Worst CU Ever
This is the worst credit union I have ever dealt with. Their online banking portal does not reflect accurate information and they don't really care. All they will tell you is to refer to your statements. Well I have opted OUT of paper statements, so apparently I have to long on, pull up copies of paper statements and go by that, NOT what the home screen tells me. Horrible Credit Union. Save yourself a lot of headache and go someplace else.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 624 |
| Year Chartered | 1935 |
| Employees | 106 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.47% |
| Return on Equity - YTD | 12.79% |
| Annual Interest Income | $27.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $756.3MM$636.0MM |
| Loans | Q3 2018vs Q3 2017 | $645.3MM$491.4MM |
| Deposits | Q3 2018vs Q3 2017 | $664.9MM$553.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $85.5MM$76.5MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $8.9MM$4.8MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.4MM$716.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $562.00K$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
CD Rates Tweaked A Bit, Nothing Really Competitive Except 5 Year, And No One Should Do A 5 Year In This Environment
60 months $20,000 - $59,999 3.57%
60 months less than $20,000 3.51%
48 - 60 months $60,000 - $99,999 plus Jumbo 3.08%
48 - 60 months $20,000 - $59,999 3.01%
48 - 60 months less than $20,000 2.95%
36 - 48 months $60,000 - $99,999 plus Jumbo 2.77%
36 - 48 months $20,000 - $59,999 2.71%
36 - 48 months less than $20,000 2.64%
24 - 36 months $60,000 - $99,999 plus Jumbo 2.49%
24 - 36 months $20,000 - $59,999 2.44%
24 - 36 months less than $20,000 2.39%
12 – 24 months $60,000 - $99,999 plus Jumbo 2.29%
12 – 24 months $20,000 - $59,999 2.23%
12 – 24 months less than $20,000 2.18%
United States Senate FCU - 5 Year CDs Increase By 10 Basis Points, Up To 3.63% APY
<$20k - 3.51% APY
$20k to $59.99k - 3.57% APY
$60k or more - 3.63% APY
Always verify rates and promotions with the bank or credit union. We are not United States Senate 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.
United States Senate Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.66% | $5 | - | IRA Saving Account | |
| 0.40% | $5 | - | Primary Saving Share Account | |
| 0.40% | $5 | - | Youth Saving Share Account | |
| 0.40% | $5 | - | Holiday Club Saving Share Account | |
| 0.30% | - | - | Business Savings |
United States Senate Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.27%* | $500k* | - | Senate Money Market Share Account | ||
| OTHER TIERS: 0.86% → $2k - $10k | 0.91% → $10k - $20k | 0.96% → $20k - $40k | 1.02% → $40k - $75k | 1.07% → $75k - $100k | 1.12% → $100k - $150k | 1.17% → $150k - $250k | 1.22% → $250k - $500k | |||||
| 1.01%* | $500k* | - | Business Money Market | ||
| OTHER TIERS: 0.66% → $2k - $10k | 0.71% → $10k - $20k | 0.76% → $20k - $40k | 0.81% → $40k - $75k | 0.86% → $75k - $100k | 0.91% → $100k - $150k | 0.94% → $150k - $250k | 0.97% → $250k - $500k | |||||
United States Senate Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $2k | - | Gold Source Checking Share Account |
United States Senate Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.63%* | $60k* | - | 60 Month Share Certificate | ||
| OTHER TIERS: 3.51% → $1k - $20k | 3.57% → $20k - $60k | |||||
| 3.63%* | $60k* | - | Business 60 Month Share Certificate | ||
| OTHER TIERS: 3.51% → $1k - $20k | 3.57% → $20k - $60k | |||||
| 3.43%* | $60k* | - | 60 Month Personal Bump Certificate | ||
| OTHER TIERS: 3.30% → $1k - $20k | 3.37% → $20k - $60k | |||||
| 3.08%* | $60k* | - | 48-59 Month Share Certificate | ||
| OTHER TIERS: 2.95% → $1k - $20k | 3.01% → $20k - $60k | |||||
| 3.08%* | $60k* | - | Business 48-59 Month Share Certificate | ||
| OTHER TIERS: 2.95% → $1k - $20k | 3.01% → $20k - $60k | |||||
| 2.92%* | $60k* | - | 48 Month Personal Bump Certificate | ||
| OTHER TIERS: 2.80% → $1k - $20k | 2.86% → $20k - $60k | |||||
| 2.77%* | $60k* | - | 36-47 Month Share Certificate | ||
| OTHER TIERS: 2.64% → $1k - $20k | 2.71% → $20k - $60k | |||||
| 2.77%* | $60k* | - | Business 36-47 Month Share Certificate | ||
| OTHER TIERS: 2.64% → $1k - $20k | 2.71% → $20k - $60k | |||||
| 2.66%* | $60k* | - | 36 Month Personal Bump Certificate | ||
| OTHER TIERS: 2.54% → $1k - $20k | 2.60% → $20k - $60k | |||||
| 2.49%* | $60k* | - | 24-35 Month Share Certificate | ||
| OTHER TIERS: 2.39% → $1k - $20k | 2.44% → $20k - $60k | |||||
| 2.49%* | $60k* | - | Business 24-35 Month Share Certificate | ||
| OTHER TIERS: 2.39% → $1k - $20k | 2.44% → $20k - $60k | |||||
| 2.29%* | $60k* | - | 12-23 Month Share Certificate | ||
| OTHER TIERS: 2.18% → $1k - $20k | 2.23% → $20k - $60k | |||||
| 2.29%* | $60k* | - | Business 12-23 Month Share Certificate | ||
| OTHER TIERS: 2.18% → $1k - $20k | 2.23% → $20k - $60k | |||||
| 1.60%* | $60k* | - | 6-11 Month Share Certificate | ||
| OTHER TIERS: 1.52% → $1k - $20k | 1.56% → $20k - $60k | |||||
| 1.60%* | $60k* | - | Business 6-11 Month Share Certificate | ||
| OTHER TIERS: 1.52% → $1k - $20k | 1.56% → $20k - $60k | |||||
| 1.16%* | $60k* | - | 3-5 Month Share Certificate | ||
| OTHER TIERS: 1.06% → $1k - $20k | 1.11% → $20k - $60k | |||||
| 1.16%* | $60k* | - | Business 3-5 Month Share Certificate | ||
| OTHER TIERS: 1.06% → $1k - $20k | 1.11% → $20k - $60k | |||||
United States Senate Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.63%* | $60k* | - | 60 Month IRA | ||
| OTHER TIERS: 3.51% → $1k - $20k | 3.57% → $20k - $60k | |||||
| 3.08%* | $60k* | - | 48-59 Month IRA | ||
| OTHER TIERS: 2.95% → $1k - $20k | 3.01% → $20k - $60k | |||||
| 2.77%* | $60k* | - | 36-47 Month IRA | ||
| OTHER TIERS: 2.64% → $1k - $20k | 2.71% → $20k - $60k | |||||
| 2.49%* | $60k* | - | 24-35 Month IRA | ||
| OTHER TIERS: 2.39% → $1k - $20k | 2.44% → $20k - $60k | |||||
| 2.29%* | $60k* | - | 12-23 Month IRA | ||
| OTHER TIERS: 2.18% → $1k - $20k | 2.23% → $20k - $60k | |||||
| 1.60%* | $60k* | - | 6-11 Month IRA | ||
| OTHER TIERS: 1.52% → $1k - $20k | 1.56% → $20k - $60k | |||||
| 1.16%* | $60k* | - | 3-5 Month IRA | ||
| OTHER TIERS: 1.06% → $1k - $20k | 1.11% → $20k - $60k | |||||
| United States Senate Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 441 G St NW Rm 1100 | Washington, DC 20548-0001 |
| Branch Office | Senate Hart Building Rm # SH-118 | Washington, DC 20510-0001 |
| Branch Office | 2111 Eisenhower Ave | Alexandria, VA 22314 |