Credit union · NCUA insured
IBEW 26 Federal Credit Union
A $30.2M credit union headquartered in Lanham, MD, with 2,892 members and 1 branch in Maryland. Best rates: savings 0.05% APY.
IBEW 26 Federal Credit Union Carrot Score
66
Carrot Score
Higher than 17% of U.S. banks and credit unions
#92 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 IBEW 26 Federal Credit Union
Founded in 1955 by electricians in the field, IBEW 26 Federal Credit Union is a member-owned financial institution headquartered in Lanham, Maryland.
The credit union moved to Washington, DC in 1969 and relocated to its current Lanham facility in 2006.
It serves labor union workers across the DMV, their families, and the surrounding community.
- Headquarters
- 4371 Parliament Pl Ste C, Lanham, MD 20706
- NCUA charter
- 10323
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to members and contractors of IBEW Local 26, IBEW Local 70, SMW Local 100, IUEC Local 10, Heat & Frost Insulators, Asbestos Workers Local 24, UA Local 5 Plumbers and Gasfitters, and employees of signatory contractors.
Family and household
- Family members of eligible members, including spouses, children, parents, brothers, sisters, grandchildren, and grandparents, are eligible to join.
Cost to join
- A $5 membership fee is required when opening an account.
Branches
1 branch in Maryland
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Maryland
1 branch
- Corporate OfficeMain office4371 Parliament Pl Ste C, Lanham, MD 20706Directions
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 | 7.58% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.75% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.52% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $70 | $59 | — |
- CapitalNet worth ratio7.58%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.75%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.52%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$70Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 IBEW 26 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.