P O Box 25516
Alexandria, VA 22313
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Democracy is an NCUA insured institution located in Alexandria, VA. It was founded in 1936 and has approximately $175.06 millions in assets.

Who can join?

If you live, work, worship, attend school, or regularly conduct business in the areas below, you are eligible to join HEWFCU:

VIRGINIA - Most areas of the City of Alexandria, Arlington and Fairfax Counties
MARYLAND - Most areas of Prince George’s and Montgomery Counties
WASHINGTON, D.C. - All areas of the City

NCUA Insured Yes / Federally Chartered
Charter Number # # 1407
Date Established 1936
Assets $175.06 million
Loans $113.33 million
Deposits $157.83 million
Capital $15.81 million

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school, or regularly conduct business in most areas of the City of Alexandria, Arlington and Fairfax Counties, Virginia; Most areas of Prince George’s and Montgomery Counties in Maryland and all areas of the city of Washington D.C.

Deposit Rates - July 29, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Democracy

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Loan Rates - July 29, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DEMOCRACY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 1907
2.789% 2.750% -0.50 $1,250 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
4.840 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.



Below are Democracy branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Democracy Locations

Financial Details

Democracy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Democracy. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Democracy U.S. Average
4.10% 4.38

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2021, Democracy had $595,669 in non-current loans and $86,846 in owned assets. To cover these potential losses it had $15,806,297 in net worth and $832,921 in loans loss reserves. That gives it a Texas Ratio of 4.10%.

Net Worth
Democracy U.S. Average
9.02% 12.20%

Democracy FCU has a net worth of 9.02% versus the BestCashCow average of 12.20. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Democracy

Branches and Savings

What is Democracy?

A federal credit union, registered with the NCUA under certificate #1407.
Learn more about credit unions here.

Is Democracy FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Democracy is insured by the NCUA.

Who can join Democracy?

Please see Field of Membership information above for information on who is eligible to join.

What are Democracy's share account and share certificate rates?

Democracy's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Democracy?

Democracy has total capital of $15.81 million. Full information on Democracy's financial position is located above.

Who owns Democracy?

Credit Unions are owned by their members.

Where are Democracy branches located?

See branch locations nearby.

Are Democracy ATMs Open 24/7?

Do Democracy ATMs accept cash deposits?

Can Democracy customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Democracy have a mobile app?

Does Democracy have mobile deposit?

Does Democracy have quick pay?

How can Democracy transfer money to other banks or credit unions?

Does Democracy report to credit bureaus?

Does Democracy use Chexsystems?

Does Democracy use Equifax?

What is Democracy's toll free phone number?

What is Democracy's ACH Routing Number?

What is Democracy's SWIFT code?

Where can I find Democracy's wire transfer form?

What is the Democracy address for deposits?

What Products Does Democracy Offer

Does Democracy offer mortgages?

Compare mortgage rates here.

Does Democracy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Democracy offer auto and RV loans?

Compare auto loan rates here.

Does Democracy offer student loans or personal loans?

Compare personal loan rates here.

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