FEDFINANCIAL

11233 Lockwood Drive
Silver Spring, MD 20901

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 216
Date Established 1935
Assets $80.06 million
Loans $19.01 million
Deposits $73.24 million
Capital $6.09 million

Fedfinancial is an NCUA insured institution located in Silver Spring, MD. It was founded in 1935 and has approximately $80.06 millions in assets.

Field of Membership Restrictions

Membership is open to all U.S. civilian government employees, retirees, their family members and housemates throughout the Washington, DC and Baltimore, MD metropolitan areas.

Deposit Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.48% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
2.13% $1,000 - Learn MoreShow Less
6 Mo CD
2.28% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.37% $1 $99,999 Learn MoreShow Less

Loan Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FEDFINANCIAL

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.763% 4.750% 0.13 $378 $1,305 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
4.636% 4.625% 0.13 $312 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

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

Branches

Below are Fedfinancial 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:
Ashburn,Virginia


Fedfinancial Locations

Financial Details

Fedfinancial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fedfinancial. 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
Fedfinancial U.S. Average
1.75% 5.78

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, 2018, Fedfinancial had $42,735 in non-current loans and $66,000 in owned assets. To cover these potential losses it had $6,085,872 in net worth and $114,586 in loans loss reserves. That gives it a Texas Ratio of 1.75%.

Net Worth
Fedfinancial U.S. Average
7.6% 13.21%

Fedfinancial FCU has a net worth of 7.6% versus the BestCashCow average of 13.21. 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 On Fedfinancial

What is Fedfinancial?

A federal credit union, registered with the NCUA under certificate #216.
Learn more about credit unions here.

Is Fedfinancial 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 Fedfinancial?

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

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

Fedfinancial'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 Fedfinancial?

Fedfinancial has total capital of $6.09 million. Full information on Fedfinancial's financial position is located above.

Who owns Fedfinancial?

Credit Unions are owned by their members.

Where are Fedfinancial branches located?

See branch locations nearby.

Are Fedfinancial ATMs Open 24/7?

Do Fedfinancial ATMs accept cash deposits?

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

Does Fedfinancial have a mobile app?

Does Fedfinancial have mobile deposit?

Does Fedfinancial have quick pay?

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

Does Fedfinancial report to credit bureaus?

Does Fedfinancial use Chexsystems?

Does Fedfinancial use Equifax?

What is Fedfinancial's toll free phone number?

What is Fedfinancial's ACH Routing Number?

What is Fedfinancial's SWIFT code?

Where can I find Fedfinancial's wire transfer form?

What is the Fedfinancial address for deposits?

What Products Does Fedfinancial Offer

Does Fedfinancial offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Fedfinancial offer auto and RV loans?

Compare auto loan rates here.

Does Fedfinancial offer student loans or personal loans?

Compare personal loan rates here.

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