Credit union · NCUA insured
FedChoice Federal Credit Union
A $503.4M credit union headquartered in Lanham, MD, with 25,704 members and 5 branches in 3 states. Best rates: CDs 4.10% and savings 0.20% APY.
FedChoice Federal Credit Union Carrot Score
83
Carrot Score
Higher than 63% of U.S. banks and credit unions
#54 of 105 in Washington, DC-VA-MD-WV metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About FedChoice Federal Credit Union
FedChoice Federal Credit Union was founded in 1935 when IRS employees started a credit union to serve fellow employees at the Main IRS Building.
The credit union serves federal civilian employees, contractors, and their families and household members.
- Headquarters
- 10001 Willowdale Rd, Lanham, MD 20706-4321
- NCUA charter
- 150
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- Federal employees or contractors who work for, are paid by, or are supervised by someone in the Washington, D.C. metro area and work for specified qualifying agencies or associations are eligible for membership.
- FedChoice Federal Credit Union employees, board members, or volunteers are eligible for membership.
Family and household
- Immediate family members (spouse, child [step/adopted], sibling [step/adopted], parent, grandparent, grandchild) of eligible federal employees or contractors are eligible for membership.
- Immediate family members of or individuals permanently residing with a FedChoice Federal Credit Union employee, board member, or volunteer are eligible for membership.
Other ways
- Members of the FedChoice Charitable Foundation are eligible for membership. FedChoice will make a contribution covering membership, or the applicant may make at least a $5 contribution to cover one-time membership dues.
Cost to join
- FedChoice Charitable Foundation membership dues are covered by a contribution made by FedChoice, or applicants may optionally contribute at least $5 via fedchoicegives.org.
Branches
5 branches in 3 states
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District of Columbia
2 branches
- Brentwood Financial Service Center900 Brentwood Rd NE, Washington, DC 20066Directions
- National Financial Service Center1111 Constitution Ave Rm 1716, Washington, DC 20224Directions
Maryland
2 branches
- FedChoice FCUMain office10001 Willowdale Rd, Lanham, MD 20706Directions
- New Carrollton Financial Service Center5000 Ellin Rd Rm c1-100, Lanham, MD 20706Directions
Pennsylvania
1 branch
- Philadelpia Financial Service Center2970 Market St, Philadelphia, PA 19104Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.42% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.66% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.48% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $76 | $76 | — |
- CapitalNet worth ratio9.42%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.66%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.48%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$76Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of FedChoice Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.