United States Senate Federal Credit Union is headquartered in Alexandria and is the 14th largest credit union in the state of Virginia. It is also the 344th largest credit union in the nation. It was established in 1935 and as of September of 2020, it had grown to 118 employees and 41,344 members at 3 locations. United States Senate Federal Credit Union has an A health rating.
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
I opened account online. Customer Service is really good and prompt. Best part is send a secure messages from their website.
Website is easy to use, you can setup lot of alerts. I hope they will have two factor authentication with text message.
I opened a new account with USSFCU and gave them my credit card to open it. When I received the charge on my credit card they also included a wire transfer fee of $15.00. Just send a check to open and not a credit card
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.
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.
Overall | |
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NCUA # | 624 |
Year Chartered | 1935 |
Employees | 118 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.14% |
Return on Equity - YTD | 1.55% |
Annual Interest Income | $33.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $1.09B$986.0MM |
Loans | Q3 2020vs Q3 2019 | $766.9MM$696.1MM |
Deposits | Q3 2020vs Q3 2019 | $986.4MM$880.0MM |
Equity Capital | Q3 2020vs Q3 2019 | $101.8MM$99.7MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $11.7MM$11.2MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $2.3MM$4.1MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $5 | - | Primary Saving Share Account | |
0.05% | $5 | - | Youth Saving Share Account | |
0.05% | $5 | - | Holiday Club Saving Share Account | |
0.05% | $5 | - | IRA Saving Account | |
0.05% | - | - | Business Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.09% | $2k | - | Senate Money Market Share Account | |
0.05% | $2k | - | Business Money Market |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $2k | - | Gold Source Checking Share Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.47% | $1k | - | 60 Month IRA | |
0.45% | $1k | - | 48-59 Month IRA | |
0.40% | $1k | - | 36-47 Month IRA | |
0.35% | $1k | - | 24-35 Month IRA | |
0.30% | $1k | - | 12-23 Month IRA | |
0.19% | $1k | - | 6-11 Month IRA | |
0.15% | $1k | - | 3-5 Month IRA |
United States Senate Federal Credit Union Locations | ||
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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 |