2021 Overview
General Credit Union Information
State Department is an NCUA insured institution located in Alexandria, VA. It was founded in 1935 and has approximately $2442.66 millions in assets.
Who can join?
You may join SDFCU if you are an employee of The Department of State or one of the following organizations.
If you are not eligible to join through any of the listed groups or affiliations, anyone can join SDFCU through the American Consumer Council (ACC), a nonprofit advocacy group.
List of organizations:
https://www.sdfcu.org/join
(List under "who can join?"
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 435 |
| Date Established | 1935 |
| Assets | $2,442.66 million |
| Loans | $1,204.54 million |
| Deposits | $2,079.91 million |
| Capital | $235.78 million |
Field of Membership Restrictions
Deposit Rates - May 10, 2021
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
|
Money Market
|
0.60% | $2,500 | $2,999 |
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|
|
Money Market
|
0.60% | $10,000 | $14,999 |
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|
|
Money Market
|
0.70% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.55% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.85% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.85% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 30 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 30 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
1.10% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
1.10% | $100,000 | $199,999 |
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|
Loan Rates - May 10, 2021
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for STATE DEPARTMENT
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 Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
3.368% | 3.250% | 1.00 | $3,750 | $1,089 | Learn More |
NMLS ID: |
2.781% | 2.750% | 0.38 | $998 | $1,021 | Learn More |
NMLS ID: 1907 |
2.798% | 2.750% | -0.38 | $1,562 | $1,021 | Learn More |
NMLS ID: 1429243 |
2.572% | 2.500% | 0.50 | $2,385 | $988 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
BMO Harris Bank See Table |
Intro APR 1.990 % After Intro: 4.700 % Intro Period: 12 months |
$0 |
Learn More
More Info |
Bethpage Federal Credit Union See Table |
Intro APR 2.990 % After Intro: 3.750 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Third Federal Savings and Loan See Table |
2.240 %
|
$0 |
Learn More
More Info |
Note to STATE DEPARTMENT
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are State Department 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:
Fairfield,Connecticut
Financial Details
State Department Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of State Department. 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
| State Department | U.S. Average |
|---|---|
| 3.10% | 5.40 |
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 December 31, 2020, State Department had $7,434,991 in non-current loans and $175,000 in owned assets. To cover these potential losses it had $235,784,282 in net worth and $9,548,209 in loans loss reserves. That gives it a Texas Ratio of 3.10%.
Net Worth
| State Department | U.S. Average |
|---|---|
| 9.65% | 12.67% |
State Department FCU has a net worth of 9.65% versus the BestCashCow average of 12.67. 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 State Department
Branches and Savings
What is State Department?
A federal credit union, registered with the NCUA under certificate #435.
Learn more about credit unions here.
Is State Department 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. State Department is insured by the NCUA.
Who can join State Department?
Please see Field of Membership information above for information on who is eligible to join.
How big is State Department?
State Department has total capital of $235.78 million. Full information on State Department's financial position is located above.
Who owns State Department?
Credit Unions are owned by their members.
Where are State Department branches located?
See branch locations nearby.
Are State Department ATMs Open 24/7?
Do State Department ATMs accept cash deposits?
Can State Department customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does State Department have a mobile app?
Does State Department have mobile deposit?
Does State Department have quick pay?
How can State Department transfer money to other banks or credit unions?
Does State Department report to credit bureaus?
Does State Department use Chexsystems?
Does State Department use Equifax?
What is State Department's toll free phone number?
What is State Department's ACH Routing Number?
What is State Department's SWIFT code?
Where can I find State Department's wire transfer form?
What is the State Department address for deposits?
What Products Does State Department Offer
Does State Department offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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