Lanham, MD 20706

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 150
Date Established 1935
Assets $360.06 million
Loans $209.74 million
Deposits $318.41 million
Capital $34.30 million

Fedchoice is an NCUA insured institution located in Lanham, MD. It was founded in 1935 and has approximately $360.06 millions in assets.

Who is eligible for membership?

All federal civilian employees, annuitants and their families in the Washington, D.C., Baltimore and Philadelphia metropolitan areas, including:

Immediate Family: Spouse, child (step/adopted), sibling (step/adopted), parent, grandparent, grandchild

Household member : Persons living in the same residence, maintaining a single economic unit

Field of Membership Restrictions

Membership is open to federal civilian employees, annuitants and their families in the Washington, D.C., Baltimore and Philadelphia metropolitan areas.

Deposit Rates - October 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $1,500 $20,000 Learn MoreShow Less
Money Market
0.05% $20,001 $50,000 Learn MoreShow Less
Fixed IRA
0.35% $500 $49,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $500 $49,999 Learn MoreShow Less
12 Mo CD
0.30% $500 $49,999 Learn MoreShow Less
18 Mo CD
0.35% $500 $49,999 Learn MoreShow Less
24 Mo CD
0.50% $500 $49,999 Learn MoreShow Less
36 Mo CD
0.65% $500 $49,999 Learn MoreShow Less
48 Mo CD
0.75% $500 $49,999 Learn MoreShow Less
60 Mo CD
1.25% $500 $49,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.25% $100 $1,500 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,500 - Learn MoreShow Less

Loan Rates - October 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FEDCHOICE

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
NMLS ID: 2890
License#: MC-3098
3.630% 3.625% 0.00 $142 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$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 Fedchoice 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:

Fedchoice Locations

Financial Details

Fedchoice Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fedchoice. 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
Fedchoice U.S. Average
2.66% 5.86

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 June 30, 2019, Fedchoice had $1,200,435 in non-current loans and $0 in owned assets. To cover these potential losses it had $34,295,451 in net worth and $10,906,611 in loans loss reserves. That gives it a Texas Ratio of 2.66%.

Net Worth
Fedchoice U.S. Average
9.52% 13.65%

Fedchoice FCU has a net worth of 9.52% versus the BestCashCow average of 13.65. 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 Fedchoice

Branches and Savings

What is Fedchoice?

A federal credit union, registered with the NCUA under certificate #150.
Learn more about credit unions here.

Is Fedchoice FDIC insured?

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

Who can join Fedchoice?

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

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

Fedchoice'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 Fedchoice?

Fedchoice has total capital of $34.30 million. Full information on Fedchoice's financial position is located above.

Who owns Fedchoice?

Credit Unions are owned by their members.

Where are Fedchoice branches located?

See branch locations nearby.

Are Fedchoice ATMs Open 24/7?

Do Fedchoice ATMs accept cash deposits?

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

Does Fedchoice have a mobile app?

Does Fedchoice have mobile deposit?

Does Fedchoice have quick pay?

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

Does Fedchoice report to credit bureaus?

Does Fedchoice use Chexsystems?

Does Fedchoice use Equifax?

What is Fedchoice's toll free phone number?

What is Fedchoice's ACH Routing Number?

What is Fedchoice's SWIFT code?

Where can I find Fedchoice's wire transfer form?

What is the Fedchoice address for deposits?

What Products Does Fedchoice Offer

Does Fedchoice offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Fedchoice offer auto and RV loans?

Compare auto loan rates here.

Does Fedchoice offer student loans or personal loans?

Compare personal loan rates here.

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